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5604 Fairacres Court

5604 Fairacres Court, Lincoln, NE 68506
Townhouse in Lancaster
Sold Nov 02, 2018
$127,000
$120,555 by First Bank
Mortgage Due Nov 01, 2048
5604 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5604 Fairacres Court has 1,060 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 580 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 160 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 1,280 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 264 sqft. There is one available parking space. 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. The exterior walls of the home are made of unknown. 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, 5604 Fairacres Court sold most recently in Oct 31, 2018 for a total of $127,000. If you work out the math, that's approximately a cost of $66.70 per sqft. 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 $2,051 in taxes each year. 5604 Fairacres Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $146,600. If we break it down further, the land itself was valued at $28,800. Improvements to the property, however, were assessed at a total of $117,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • 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: Full basement
  • Basement Area: 580
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,280
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRACRES ADDITION
  • Land Acres: 0.029
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: FAIRACRES ADDITION, LOT 2

Ownership

  • Current Owner : CLARK MELISA S
  • Previous Owner : HOLOBAUGH SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 003722

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-04-111-002-000
  • Lot: 2
  • Municipality: LINCOLN
  • Latitude: 40.7778
  • Longitude: -96.6439

    Address

  • Full Address: 5604 Fairacre Ct
  • Address - House Number: 5604
  • 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: $2,051
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 183,830
  • High Value: 217,982
  • Low Value: 149,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,555
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Nov 02, 2018
  • First Open Lien Mortgage Loan Amount: $120,555
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $146,600
  • Market Land Value: $28,800
  • Market Improvement Value: $117,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,600
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $117,800

    Sales

  • Current Sale Contract Date: Oct 31, 2018
  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Transaction ID: 11531395723
  • Current Sale Price: $127,000
  • Current Sale Document Type: Conservator's Deed
  • Current Sale Input Document Number: 2018043972

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Nov 02, 2018
  • First Mortgage Loan Amount: $120,555
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2048

About Lincoln



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Frequently Asked Questions

What neighborhood is 5604 Fairacres Court located in?
The 5604 Fairacres Court is a townhouse located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 5604 Fairacres Court?
The average sales price for units in 5604 Fairacres Court is $124,900 , or $118/sqft. currently.

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