Check Availability

5839 Otoe Street

5839 Otoe Street, Lincoln, NE 68506
Townhouse in Lancaster
Sold Dec 31, 2018
$160,000
Sold Aug 06, 2018
$135,000
$108,000 by Charter West Bank
Mortgage Due Sep 01, 2048
Local assessors in Lincoln, NE have categorized 5839 Otoe Street as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 1,369 square feet. The linear feet between the front and back of the lot was measured at 760 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5839 Otoe Street has a total of 1,423 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 396 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 flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5839 Otoe Street sold most recently in Dec 26, 2018 for a total of $160,000. If you work out the math, that's approximately a cost of $87.96 per sqft. Before that, the property was also sold for $135,000 in Aug 1, 2018. 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 $2,718 in taxes each year. 5839 Otoe Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,000. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $145,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,369
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,819
  • Gross Building Area: 1,819
  • Building Area: 1,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,423
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAKOTA PLACE
  • Land Acres: 0.031
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: DAKOTA PLACE, LOT 42

Ownership

  • Current Owner : WIESE GREGG A
  • Current Owner 2: WIESE SHARON L
  • Previous Owner : SUMOVICH TODD
  • Previous Owner 2: SUMOVICH STACIE
  • Owner Before Previous Owner: PAMELA CLORAN RENTALS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-04-109-042-000
  • Lot: 42
  • Latitude: 40.783
  • Longitude: -96.64

    Address

  • Full Address: 5839 Otoe St
  • Address - House Number: 5839
  • Address - Street Name: Otoe
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C017
  • 4-Digit Zip Code: 4006
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,718
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 227,249
  • High Value: 269,580
  • Low Value: 184,919

    Market Valuation

  • Market Total Value: $178,000
  • Market Land Value: $33,000
  • Market Improvement Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,000
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $145,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 26, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Transaction ID: 11548660226
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018050771
  • Previous Sale Recording Date: Aug 06, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHARTER WEST BANK
  • Previous Mortgage Transaction Date: Aug 06, 2018
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Lincoln



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5839 Otoe Street located in?
The 5839 Otoe Street is a townhouse located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 5839 Otoe Street?
The average sales price for units in 5839 Otoe Street is $0 currently.

Quantcast