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5601 Elkcrest Drive

5601 Elkcrest Drive, Lincoln, NE 68516
Sold Jun 15, 2020
$220,000
$213,400 by Security First Bank
Mortgage Due Jul 01, 2050
Sold Nov 13, 2017
$170,000
$162,475 by Homeservices Lending Llc
Mortgage Due Dec 01, 2047
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Local assessors in Lincoln, NE have categorized 5601 Elkcrest Drive as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 9,622 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 1,300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5601 Elkcrest Drive has a total of 2,062 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,120 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 5601 Elkcrest Drive sold most recently in Jun 9, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $79.08 per sqft. Before that, the property was also sold for $170,000 in Nov 6, 2017. 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 $3,858 in taxes each year. 5601 Elkcrest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $247,000. If we break it down further, the land itself was valued at $54,000. Improvements to the property, however, were assessed at a total of $193,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Brick Exterior Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,120
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,622
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,782
  • Gross Building Area: 2,782
  • Building Area: 2,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE HEIGHTS
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERITAGE HEIGHTS, BLOCK 4, LOT 8, EX 120 SF IN NW FOR ST (#2008-014975)

Ownership

  • Current Owner : SHUBERT LAYNE
  • Current Owner 2: SHUBERT ANDREA
  • Previous Owner : HANUS MICHALE D
  • Previous Owner 2: HANUS EMILY E
  • Owner Before Previous Owner: HART MICHAEL D
  • Owner Before Previous Owner 2: GUERRERO JUAN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003723

Zoning

  • Zoning: R1

Geography

  • Parcel: 16-09-136-008-000
  • Block: 4
  • Lot: 8
  • Latitude: 40.7627
  • Longitude: -96.644

    Address

  • Full Address: 5601 Elkcrest Dr
  • Address - House Number: 5601
  • Address - Street Name: Elkcrest
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C035
  • 4-Digit Zip Code: 1439
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,858
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 82
  • Final Value: 294,558
  • High Value: 337,717
  • Low Value: 251,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,400
  • First Open Lien Mortgage Lender: SECURITY FIRST BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2020
  • First Open Lien Mortgage Loan Amount: $213,400
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $247,000
  • Market Land Value: $54,000
  • Market Improvement Value: $193,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,000
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $193,000

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Transaction ID: 11767763873
  • Current Sale Price: $220,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 2020027159
  • Previous Sale Recording Date: Nov 13, 2017
  • Previous Sale Contract Date: Nov 06, 2017
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FIRST BANK
  • First Mortgage Transaction Date: Jun 15, 2020
  • First Mortgage Loan Amount: $213,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Nov 13, 2017
  • Previous Mortgage Loan Amount: $162,475
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Colonial Hills



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Nearby Rentals

Unit for rent at Chateau Terrace2 3000 So. 72nd Street, Lincoln, NE, 68506

$1,330 /mo

  • 2 Beds
  • 2 Baths
  • 1,138 ft²
Chateau Terrace2 3000 So. 72nd Street #3160 S 72nd Street 206, Lincoln, NE, 68506 Listing by Manager

Frequently Asked Questions

What neighborhood is 5601 Elkcrest Drive located in?
The 5601 Elkcrest Drive is a house located in the neighborhood of Colonial Hills in Colonial Hills, Lincoln.
What is the average sales price for listings in 5601 Elkcrest Drive?
The average sales price for units in 5601 Elkcrest Drive is $0 currently.

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