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7140 South Street

7140 South Street, Lincoln, NE 68506
Property in Lancaster
Sold Feb 15, 2013
$200,000
$160,000 by Lincoln Federal Savings Bank O
Mortgage Due Mar 01, 2028
Sold Sep 08, 2003
$220,000
7140 South Street has been categorized by the local assessors in Lincoln, NE as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7140 South Street has 2,935 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement with daylight that is 1,672 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 830 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 3,113 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 454 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery 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, 7140 South Street sold most recently in Feb 8, 2013 for a total of $200,000. If you work out the math, that's approximately a cost of $51.80 per sqft. Before that, the property was also sold for $220,000 in Sep 3, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,576 in taxes each year. 7140 South Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $350,900. If we break it down further, the land itself was valued at $44,000. Improvements to the property, however, were assessed at a total of $306,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1984
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1,672
  • Garage Type: Attached
  • Garage Square Area: 454
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,113
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 370
  • Total Building Area: 3,861
  • Gross Building Area: 3,861
  • Building Area: 2,935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENBRIAR SECOND ADDITION
  • Land Acres: 0.072
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GREENBRIAR SECOND ADDITION, LOT 7

Ownership

  • Current Owner : MODRELL JOAN M
  • Current Owner 2: BRYAN DONALD H
  • Previous Owner : THOMPSON SHIRLEY
  • Owner Before Previous Owner: TUNING WILLIAM A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003801

Zoning

  • Zoning: R1

Geography

  • Parcel: 17-34-115-007-000
  • Lot: 7
  • Latitude: 40.7918
  • Longitude: -96.6224

    Address

  • Full Address: 7140 South St
  • Address - House Number: 7140
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C018
  • 4-Digit Zip Code: 6552
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,576
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 400,908
  • High Value: 474,465
  • Low Value: 327,352

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Feb 15, 2013
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2028
  • Second Open Lien Mortgage Lender: UNION BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: May 12, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 30, 2031

    Market Valuation

  • Market Total Value: $350,900
  • Market Land Value: $44,000
  • Market Improvement Value: $306,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,900
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $306,900

    Sales

  • Current Sale Contract Date: Feb 08, 2013
  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Transaction ID: 1189625173
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013008078
  • Previous Sale Recording Date: Sep 08, 2003
  • Previous Sale Contract Date: Sep 03, 2003
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Feb 15, 2013
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2028

About Lincoln



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Frequently Asked Questions

What neighborhood is 7140 South Street located in?
The 7140 South Street is a located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 7140 South Street?
The average sales price for units in 7140 South Street is $0 currently.

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