See Home Value
Lincoln 68506
5525 Sumner Street
$242,929*
House - Off Market

5525 Sumner Street

Lincoln, NE 68506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1614 Sqft
$166,000 - $202,000
Reference Base Price*
31.38%
Since Jan 1, 2021
National-US
Primary Model
Sold Feb 16, 2021
$191,000
$142,700 by Security First Bank
Mortgage Due Mar 10, 2026
Sold Mar 26, 2019
$165,000
$160,050 by West Gate Bank
Mortgage Due Apr 01, 2049

About This Property

Welcome home to 5525 Sumner St! This 3 bedroom, 2 bath area home is conveniently located in central Lincoln near parks, schools, and Holmes Lake. Upon pulling up to this home you will be sure to appreciate the charm. The large windows in the living room and dining area let in an abundance of natural light and there is plenty of space to gather with friends and family. You will love the aesthetic of the updated bathroom and the hardwood floors running throughout the living room and bedrooms upstairs. The master bedroom is large enough to comfortably fit a king size bed, but you could also make the large bedroom downstairs the master if you so choose. The basement is perfect for movie nights and relaxing as there is plenty of space to entertain, newer carpet, a nice bathroom, tons of storage, and the third legal bedroom! In addition to all these interior features, the home has a new roof, new gutters, new kitchen appliances, newer AC, and radon mitigation. All it needs is a new owner!

The manager has listed the unit size as 1614 square feet.
Unit Size
1,614Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$2,921
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Feb 16, 2021 Sold $191,000
Sold
Dec 8, 2020 No longer available -
No longer available
Dec 3, 2020 Listed $184,900
Listed
Feb 15, 2019 No longer available -
No longer available
Feb 11, 2019 Listed $163,500
Listed
WOW! Completely redone brick ranch in Southeast Lincoln! As soon as you walk through the door you will notice the owner's attention to detail, no short cuts have been made! The first floor features beautiful wood floors - 2 bedrooms - remodeled bathroom - living & dining area! The finished basement has new carpet - your third bedroom + one non-conforming room & gorgeous bath area! The manager has listed the unit size as 864 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,008
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,728
  • Gross Building Area: 1,868
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADDITION TO NORMAL
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECOND ADDITION TO NORMAL, BLOCK 1, LOT 4, N98 S196 & LOT 5 E163 N98 S196

Ownership

  • Current Owner : DUMA PROPERTIES LLC
  • Previous Owner : BROWN CALEB
  • Previous Owner 2: BROWN SHALI
  • Owner Before Previous Owner: CONCEPT DESIGN LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001500

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-32-213-003-000
  • Block: 1
  • Lot: 4,5
  • Latitude: 40.7951
  • Longitude: -96.6449

    Address

  • Full Address: 5525 Sumner St
  • Address - House Number: 5525
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C007
  • 4-Digit Zip Code: 1364
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,207
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 239,333
  • High Value: 281,301
  • Low Value: 197,365

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,700
  • First Open Lien Mortgage Lender: SECURITY FIRST BANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $142,700
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2026

    Market Valuation

  • Market Total Value: $202,600
  • Market Land Value: $36,000
  • Market Improvement Value: $166,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,600
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $166,600

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11818497762
  • Current Sale Price: $191,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021010510
  • Previous Sale Recording Date: Mar 26, 2019
  • Previous Sale Contract Date: Mar 18, 2019
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FIRST BANK
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $142,700
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 10, 2026

    Previous Mortgages

  • Previous Mortgage Lender: WEST GATE BANK
  • Previous Mortgage Transaction Date: Mar 26, 2019
  • Previous Mortgage Loan Amount: $160,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lincoln


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,134 ft²
Listing by Manager
Unit for rent at

$1,500 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,255 ft²
Listing by Manager
Unit for rent at

$1,450 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,075 ft²
Listing by Manager


Frequently Asked Questions

When was property at 5525 Sumner Street built and last sold?
The property at 5525 Sumner Street was built in 1953 and last sold on Jan 8, 2021 for $191,000.
How much is this home worth?
The estimated value of the home located at 5525 Sumner Street is $191,864.
What are some comparable homes to 5525 Sumner Street?
There are currently no comparable homes to 5525 Sumner Street.

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