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7848 West Schellpeper Drive

7848 West Schellpeper Drive, Lincoln, NE 68532
Property in Lancaster
Sold May 04, 2021
$364,000
$287,128 by Liberty First Cu
Mortgage Due May 01, 2051
Sold Aug 10, 2020
$79,000
Local assessors in Lincoln, NE have categorized 7848 West Schellpeper Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 20,720 square feet. 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 3 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 7848 West Schellpeper Drive has a total of 2,790 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 full basement with daylight that is 1,590 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 692 sqft. There are 3 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 roof that is 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7848 West Schellpeper Drive was last sold in Apr 23, 2021 for $364,000. According to our calculations, that's $94.01 per sqft. Prior to that sales transaction, the property was sold for $79,000 in Jul 29, 2020. Current property owners are expected to pay $5,875 in taxes per year. The property on 7848 West Schellpeper Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $449,800. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $349,800. 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. 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.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: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,590
  • Garage Type: Attached
  • Garage Square Area: 692
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,720
  • Total Building Area: 3,872
  • Gross Building Area: 3,974
  • Building Area: 2,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW VIEW 3RD ADDITION
  • Land Acres: 0.476
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW VIEW 3RD ADDITION, BLOCK 2, LOT 2

Ownership

  • Current Owner : LUTZ KEVIN ALLEN
  • Current Owner 2: LUTZ TRACIE LEA
  • Previous Owner : DON JOHNSON HOMES II INC
  • Owner Before Previous Owner: OETTING DEVELOPMENT CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 010300

Geography

  • Parcel: 03-02-306-002-000
  • Block: 2
  • Lot: 2
  • Latitude: 40.7751
  • Longitude: -96.827

    Address

  • Full Address: 7848 W Schellpeper Dr
  • Address - House Number: 7848
  • Street Direction: W
  • Address - Street Name: Schellpeper
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 3501
  • Zip Code: 68532

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,875
  • Tax Rate Code Area: 0007

    Appraisal Valuation

  • Standard Deviation: 0.1466
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 82
  • Final Value: 463,342
  • High Value: 531,299
  • Low Value: 395,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,128
  • First Open Lien Mortgage Lender: LIBERTY FIRST CU
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Loan Amount: $287,128
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $449,800
  • Market Land Value: $100,000
  • Market Improvement Value: $349,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $349,800

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Transaction ID: 11834383464
  • Current Sale Price: $364,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021026747
  • Previous Sale Recording Date: Aug 10, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY FIRST CU
  • First Mortgage Transaction Date: May 04, 2021
  • First Mortgage Loan Amount: $287,128
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Lancaster



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Frequently Asked Questions

What neighborhood is 7848 West Schellpeper Drive located in?
The 7848 West Schellpeper Drive is a located in the neighborhood of Lancaster in Lancaster, Lincoln.
What is the average sales price for listings in 7848 West Schellpeper Drive?
The average sales price for units in 7848 West Schellpeper Drive is $0 currently.

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