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5921 Margo Drive

5921 Margo Drive, Lincoln, NE 68510
Property in Eastridge
Sold Oct 28, 2019
$213,000
$256,500 by Cmg Mortgage, Inc.
Mortgage Due Jun 01, 2053
Sold Oct 19, 2011
$159,000
$126,800 by Pinnacle Bank
Mortgage
Local assessors in Lincoln, NE have categorized 5921 Margo Drive as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 19,727 square feet. 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 2 full bathrooms. There are also 4 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 5921 Margo Drive has a total of 2,146 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 725 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 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 masonry 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. Lots of masonry 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. The property was last sold in Oct 14, 2019 for $213,000. That's $74.82 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2011 for $159,000. 5921 Margo Drive was last assessed in 2023. The total value of the property was assessed at $270,500. Specifically, the land the property is located on was valued at $65,000. While improvements on the property were assessed at a total of $205,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,148. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 725
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,727
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,847
  • Gross Building Area: 2,938
  • Building Area: 2,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTRIDGE FOURTH ADDITION
  • Land Acres: 0.453
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EASTRIDGE FOURTH ADDITION, BLOCK 2, LOT 10

Ownership

  • Current Owner : PARKER JERALD
  • Previous Owner : BAKER RANDALL A
  • Previous Owner 2: BAKER RHEETA J
  • Owner Before Previous Owner: CHANDLER SMITH NATHAN A
  • Owner Before Previous Owner 2: CHANDLER SMITH NANCY
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 20, 2023

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001301

Zoning

  • Zoning: R1

Geography

  • Parcel: 17-28-319-011-000
  • Block: 2
  • Lot: 10
  • Latitude: 40.8012
  • Longitude: -96.6396

    Address

  • Full Address: 5921 Margo Dr
  • Address - House Number: 5921
  • Address - Street Name: Margo
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C024
  • 4-Digit Zip Code: 5031
  • Zip Code: 68510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,148
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.0903
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 92
  • Final Value: 288,641
  • High Value: 314,717
  • Low Value: 262,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,500
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $256,500
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $270,500
  • Market Land Value: $65,000
  • Market Improvement Value: $205,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,500
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $205,500

    Sales

  • Current Sale Contract Date: Oct 14, 2019
  • Current Sale Recording Date: Oct 28, 2019
  • Current Sale Transaction ID: 11672307122
  • Current Sale Price: $213,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019042914
  • Previous Sale Recording Date: Oct 19, 2011
  • Previous Sale Contract Date: Oct 11, 2011
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: Oct 28, 2019
  • First Mortgage Loan Amount: $208,454
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE BANK
  • Previous Mortgage Transaction Date: Oct 19, 2011
  • Previous Mortgage Loan Amount: $126,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Eastridge



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Frequently Asked Questions

What neighborhood is 5921 Margo Drive located in?
The 5921 Margo Drive is a located in the neighborhood of Eastridge in Eastridge, Lincoln.
What is the average sales price for listings in 5921 Margo Drive?
The average sales price for units in 5921 Margo Drive is $0 currently.

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