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8111 Lea Rae Place

8111 Lea Rae Place, Lincoln, NE 68516
Sold Dec 04, 2018
$210,000
$104,000 by Lincoln Federal Savings Bank O
Mortgage Due Apr 01, 2050
Sold Dec 27, 2017
$83,000
$72,500 by West Gate Bank
Mortgage
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8111 Lea Rae Place 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 2001 and is 23 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. In addition, 8111 Lea Rae Place has 1,600 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 528 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 area measurement of the land has been determined as 11,438 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 576 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 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, 8111 Lea Rae Place sold most recently in Nov 27, 2018 for a total of $210,000. If you work out the math, that's approximately a cost of $91.15 per sqft. Before that, the property was also sold for $83,000 in Dec 12, 2017. 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 $3,738 in taxes each year. 8111 Lea Rae Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $256,900. If we break it down further, the land itself was valued at $66,000. Improvements to the property, however, were assessed at a total of $190,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 528
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,438
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARTLAND HOMES EAST 4TH ADDITION
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORRECTED PLAT OF HARTLAND HOMES EAST 4TH ADDITION, BLOCK 1, LOT 9

Ownership

  • Current Owner : LIN JIUSHENG
  • Current Owner 2: ZHANG YI
  • Previous Owner : BOYLAN SCYLER
  • Previous Owner 2: BOYLAN CRYSTAL
  • Owner Before Previous Owner: VERMAAS & SONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 003724

Zoning

  • Zoning: R3

Geography

  • Parcel: 16-10-427-009-000
  • Block: 1
  • Lot: 9
  • Latitude: 40.7609
  • Longitude: -96.6105

    Address

  • Full Address: 8111 Lea Rae Pl
  • Address - House Number: 8111
  • Address - Street Name: Lea Rae
  • Address - Suffix Type: Pl
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R059
  • 4-Digit Zip Code: 6374
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,738
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 289,397
  • High Value: 342,494
  • Low Value: 236,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,000
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Mar 31, 2020
  • First Open Lien Mortgage Loan Amount: $104,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $256,900
  • Market Land Value: $66,000
  • Market Improvement Value: $190,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,900
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $190,900

    Sales

  • Current Sale Contract Date: Nov 27, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Transaction ID: 11541822167
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018047799
  • Previous Sale Recording Date: Dec 27, 2017
  • Previous Sale Contract Date: Dec 12, 2017
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Dec 04, 2018
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WEST GATE BANK
  • Previous Mortgage Transaction Date: Dec 27, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $72,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Family Acres



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Frequently Asked Questions

What neighborhood is 8111 Lea Rae Place located in?
The 8111 Lea Rae Place is a house located in the neighborhood of Family Acres in Family Acres, Lincoln.
What is the average sales price for listings in 8111 Lea Rae Place?
The average sales price for units in 8111 Lea Rae Place is $0 currently.

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