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5600 Fairacres Court

5600 Fairacres Court, Lincoln, NE 68506
Townhouse in Lancaster
5600 Fairacres Court in Lincoln, NE was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 5600 Fairacres Court has 1,956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 676 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 2,401 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 574 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5600 Fairacres Court sold most recently in Mar 22, 2023 for a total of $265,000. If you work out the math, that's approximately a cost of $101.69 per sqft. Before that, the property was also sold for $149,000 in Feb 6, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,134 in taxes each year. 5600 Fairacres Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $205,800. If we break it down further, the land itself was valued at $32,400. Improvements to the property, however, were assessed at a total of $173,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190107
01/07/2019
3 Bed
3 Bath
1356 ft²
$159,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1356 ft²
$149,000 -6.82%
02/19/2019
Ashley Hustad

Building Info

Overview

    General

  • Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 676
  • Garage Type: Attached
  • Garage Square Area: 574
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,401
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,606
  • Gross Building Area: 2,606
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRACRES ADDITION
  • Land Acres: 0.055
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: FAIRACRES ADDITION, LOT 1

Ownership

  • Current Owner : MARTINEZ LUIS GERARDO A PO
  • Current Owner 2: GOMEZ RAQUEL RODRIGUEZ
  • Previous Owner : MCGREGOR UDO KARL
  • Owner Before Previous Owner: VANEK CHAD W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003722

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-04-111-001-000
  • Lot: 1
  • Latitude: 40.7777
  • Longitude: -96.644

    Address

  • Full Address: 5600 Fairacre Ct
  • Address - House Number: 5600
  • Address - Street Name: Fairacre
  • Address - Suffix Type: Ct
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C017
  • 4-Digit Zip Code: 4504
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,134
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 260,366
  • High Value: 302,956
  • Low Value: 217,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: LIBERTY FIRST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $205,800
  • Market Land Value: $32,400
  • Market Improvement Value: $173,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,800
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $173,400

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904963679
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9160
  • Previous Sale Recording Date: Feb 19, 2019
  • Previous Sale Contract Date: Feb 06, 2019
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY FIRST CREDIT UNION
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 19, 2019
  • Previous Mortgage Loan Amount: $118,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Lincoln



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Frequently Asked Questions

What neighborhood is 5600 Fairacres Court located in?
The 5600 Fairacres Court is a townhouse located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 5600 Fairacres Court?
The average sales price for units in 5600 Fairacres Court is $154,900 , or $114/sqft. currently.

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