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7821 Lake Street

7821 Lake Street, Lincoln, NE 68506
House in Lancaster
Sold Sep 26, 2018
$255,000
Sold Jan 26, 2011
$151,000
$174,678 by Homeservices Lending Llc
Mortgage Due Feb 01, 2041
7821 Lake 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 1977 and is 47 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. In addition, 7821 Lake Street has 2,878 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 that is 940 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 1,230 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,769 square feet.

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 560 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 composition shingle. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7821 Lake Street was last sold in Sep 21, 2018 for $255,000. According to our calculations, that's $71.27 per sqft. Prior to that sales transaction, the property was sold for $151,000 in Jan 5, 2011. Current property owners are expected to pay $5,070 in taxes per year. The property on 7821 Lake Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $322,800. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $262,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 940
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,769
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,578
  • Gross Building Area: 3,698
  • Building Area: 2,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRENDWOOD 5TH ADDITION
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRENDWOOD 5TH ADDITION, BLOCK 8, LOT 14

Ownership

  • Current Owner : MUNSON JOHN
  • Current Owner 2: LIANG HENG
  • Previous Owner : CLEMENTS JAMES O
  • Previous Owner 2: CLEMENTS TRACY L
  • Owner Before Previous Owner: HSBC MORTGAGE SERVICES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 17-34-405-024-000
  • Block: 8
  • Lot: 14
  • Latitude: 40.7887
  • Longitude: -96.6129

    Address

  • Full Address: 7821 Lake St
  • Address - House Number: 7821
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C021
  • 4-Digit Zip Code: 3130
  • Zip Code: 68506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,070
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1483
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 82
  • Final Value: 370,009
  • High Value: 424,907
  • Low Value: 315,112

    Market Valuation

  • Market Total Value: $322,800
  • Market Land Value: $60,000
  • Market Improvement Value: $262,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,800
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $262,800

    Sales

  • Current Sale Contract Date: Sep 21, 2018
  • Current Sale Recording Date: Sep 26, 2018
  • Current Sale Transaction ID: 11509019367
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018038216
  • Previous Sale Recording Date: Jan 26, 2011
  • Previous Sale Contract Date: Jan 05, 2011
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Jan 26, 2011
  • Previous Mortgage Loan Amount: $174,678
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Lincoln



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7821 Lake Street located in?
The 7821 Lake Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 7821 Lake Street?
The average sales price for units in 7821 Lake Street is $0 currently.

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