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742 Northborough Lane

742 Northborough Lane, Lincoln, NE 68505
House in Meadowlane
Sold Jul 15, 2021
$198,000
Sold Nov 24, 2014
$122,000
$3,750 by Nebraska Investment Finance Au
Mortgage
Local assessors in Lincoln, NE have categorized 742 Northborough Lane as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 9,596 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 800 ft. 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 742 Northborough Lane has a total of 1,333 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 detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the 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 - D. The building has a gable style roof that was made of composition shingle. Lots of unknown 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, 742 Northborough Lane sold most recently in Jun 12, 2021 for a total of $198,000. If you work out the math, that's approximately a cost of $148.54 per sqft. Before that, the property was also sold for $122,000 in Nov 10, 2014. 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 $2,605 in taxes each year. 742 Northborough Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,700. If we break it down further, the land itself was valued at $31,500. Improvements to the property, however, were assessed at a total of $169,200. 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

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,596
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,333
  • Gross Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTBOROUGH SECOND ADDITION
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EASTBOROUGH SECOND ADDITION, BLOCK 3, LOT 23

Ownership

  • Current Owner : WALLACE JAMES R
  • Current Owner 2: WALLACE BARBARA L
  • Previous Owner : METZ MARY
  • Owner Before Previous Owner: MATOUSH KOREY J
  • Owner Before Previous Owner 2: MATOUSH NICOLE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lincoln Public Schools
  • School Tax School District: 55-0001 LINCOLN
  • Census Tract: 001200

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-22-301-001-000
  • Block: 3
  • Lot: 23
  • Municipality: LINCOLN
  • Latitude: 40.8204
  • Longitude: -96.6226

    Address

  • Full Address: 742 Northborough Ln
  • Address - House Number: 742
  • Address - Street Name: Northborough
  • Address - Suffix Type: Ln
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C004
  • 4-Digit Zip Code: 2554
  • Zip Code: 68505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,605
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 222,744
  • High Value: 259,901
  • Low Value: 185,587

    Market Valuation

  • Market Total Value: $200,700
  • Market Land Value: $31,500
  • Market Improvement Value: $169,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,700
  • Assessed Land Value: $31,500
  • Assessed Improvements Value: $169,200

    Sales

  • Current Sale Contract Date: Jun 12, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11842565892
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021042918
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Contract Date: Nov 10, 2014
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEBRASKA INVESTMENT FINANCE AU
  • Previous Mortgage Transaction Date: Nov 24, 2014
  • Previous Mortgage Loan Amount: $3,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second

About Meadowlane



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Frequently Asked Questions

What neighborhood is 742 Northborough Lane located in?
The 742 Northborough Lane is a house located in the neighborhood of Meadowlane in Meadowlane, Lincoln.
What is the average sales price for listings in 742 Northborough Lane?
The average sales price for units in 742 Northborough Lane is $0 currently.

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