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7905 Palmilla Lane

7905 Palmilla Lane, Lincoln, NE 68516
Townhouse in Lancaster
Sold Oct 10, 2019
$245,000
$92,000 by Lincoln Federal Savings Bank O
Mortgage Due May 01, 2051
Sold Apr 01, 2016
$225,000
$155,500 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2046
7905 Palmilla Lane 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 2008 and is 16 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7905 Palmilla Lane has 2,029 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,016 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 462 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 roof of the building is 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. 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, 7905 Palmilla Lane sold most recently in Sep 30, 2019 for a total of $245,000. If you work out the math, that's approximately a cost of $69.03 per sqft. Before that, the property was also sold for $225,000 in Mar 28, 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 $4,633 in taxes each year. 7905 Palmilla Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,100. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $249,100. 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: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,058
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,016
  • Total Building Area: 3,549
  • Gross Building Area: 3,639
  • Building Area: 2,029
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,029
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAINGER HEIGHTS 1ST ADDITION
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GRAINGER HEIGHTS 1ST ADDITION, LOT 21

Ownership

  • Current Owner : RUEB DEBRA L
  • Current Owner 2: RUEB BENJAMIN L
  • Previous Owner : MAXWELL PATRICIA J
  • Previous Owner 2: ROBERTSON GARY
  • Owner Before Previous Owner: EARHART FORD R
  • Owner Before Previous Owner 2: EARHART STEPHANIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003716

Zoning

  • Zoning: O3

Geography

  • Parcel: 16-19-416-021-000
  • Lot: 21
  • Latitude: 40.7312
  • Longitude: -96.6664

    Address

  • Full Address: 7905 Palmilla Ln
  • Address - House Number: 7905
  • Address - Street Name: Palmilla
  • Address - Suffix Type: Ln
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R037
  • 4-Digit Zip Code: 6224
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,633
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 335,788
  • High Value: 391,707
  • Low Value: 279,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,000
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $92,000
  • 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: $289,100
  • Market Land Value: $40,000
  • Market Improvement Value: $249,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,100
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Transaction ID: 11664593988
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019040304
  • Previous Sale Recording Date: Apr 01, 2016
  • Previous Sale Contract Date: Mar 28, 2016
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK NEBRASKA
  • First Mortgage Transaction Date: Oct 10, 2019
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 01, 2016
  • Previous Mortgage Loan Amount: $155,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Lincoln



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Frequently Asked Questions

What neighborhood is 7905 Palmilla Lane located in?
The 7905 Palmilla Lane is a townhouse located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 7905 Palmilla Lane?
The average sales price for units in 7905 Palmilla Lane is $0 currently.

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