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6705 South 88th Street

6705 South 88th Street, Lincoln, NE 68526
House in Lancaster
Sold Mar 01, 2019
$262,000
$285,000 by Frontier Bank
Mortgage
Sold Aug 15, 2016
$250,000
$199,920 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2046
Local assessors in Lincoln, NE have categorized 6705 South 88th Street as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 8,561 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 590 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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 4 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 6705 South 88th Street has a total of 2,681 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 877 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 471 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 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, 6705 South 88th Street sold most recently in Feb 26, 2019 for a total of $262,000. If you work out the math, that's approximately a cost of $79.90 per sqft. Before that, the property was also sold for $250,000 in Aug 11, 2016. 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 $5,516 in taxes each year. 6705 South 88th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $365,900. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $285,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 1
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 877
  • Garage Type: Attached
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,561
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,279
  • Gross Building Area: 3,354
  • Building Area: 2,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VINTAGE HEIGHTS 14TH ADDITION
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VINTAGE HEIGHTS 14TH ADDITION, BLOCK 1, LOT 1

Ownership

  • Current Owner : GE YUFENG
  • Current Owner 2: LI DAI
  • Previous Owner : KRAUSE MICHAEL A
  • Previous Owner 2: KRAUSE LESLEY R
  • Owner Before Previous Owner: RATHE CHRISTOPHER D
  • Owner Before Previous Owner 2: RATHE WENDY J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003719

Zoning

  • Zoning: R3

Geography

  • Parcel: 16-14-306-001-000
  • Block: 1
  • Lot: 1
  • Latitude: 40.7443
  • Longitude: -96.601

    Address

  • Full Address: 6705 S 88th St
  • Address - House Number: 6705
  • Street Direction: S
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R044
  • 4-Digit Zip Code: 9715
  • Zip Code: 68526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,516
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 424,326
  • High Value: 502,180
  • Low Value: 346,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FRONTIER BANK
  • First Open Lien Mortgage Recording Date: Jun 10, 2022
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $365,900
  • Market Land Value: $80,000
  • Market Improvement Value: $285,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,900
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $285,900

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Transaction ID: 11582789940
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019006544
  • Previous Sale Recording Date: Aug 15, 2016
  • Previous Sale Contract Date: Aug 11, 2016
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 15, 2016
  • Previous Mortgage Loan Amount: $199,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Lincoln



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Frequently Asked Questions

What neighborhood is 6705 South 88th Street located in?
The 6705 South 88th Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 6705 South 88th Street?
The average sales price for units in 6705 South 88th Street is $0 currently.

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