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824 North 55th Street

824 North 55th Street, Lincoln, NE 68504
Property in Culler
Sold Oct 02, 2017
$110,000
$127,645 by Lincoln Federal Savings Bank O
Mortgage Due Nov 01, 2047
824 North 55th Street in Lincoln, NE was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 824 North 55th Street has 1,175 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 775 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 6,470 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 768 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Sep 29, 2017 for $110,000. That's $70.97 per sqft. 824 North 55th Street was last assessed in 2023. The total value of the property was assessed at $185,900. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $145,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,718. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 775
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,470
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARNES ADDITION TO NEWMAN
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BARNES ADDITION TO NEWMAN, BLOCK 1, LOT 4, S52 W1/2

Ownership

  • Current Owner : LENZ MARY
  • Previous Owner : PALENSKY RONALD ALLEN
  • Previous Owner 2: PALENSKY LISA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001003

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-20-241-016-000
  • Block: 1
  • Lot: 4
  • Latitude: 40.8213
  • Longitude: -96.6449

    Address

  • Full Address: 824 N 55th St
  • Address - House Number: 824
  • Street Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C003
  • 4-Digit Zip Code: 3359
  • Zip Code: 68504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,718
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 210,269
  • High Value: 248,848
  • Low Value: 171,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,645
  • First Open Lien Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Open Lien Mortgage Recording Date: Oct 02, 2017
  • First Open Lien Mortgage Loan Amount: $127,645
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Market Valuation

  • Market Total Value: $185,900
  • Market Land Value: $40,000
  • Market Improvement Value: $145,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,900
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $145,900

    Sales

  • Current Sale Contract Date: Sep 29, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Transaction ID: 1397507532
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017041381

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • First Mortgage Transaction Date: Oct 02, 2017
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

About Culler



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Frequently Asked Questions

What neighborhood is 824 North 55th Street located in?
The 824 North 55th Street is a located in the neighborhood of Culler in Culler, Lincoln.
What is the average sales price for listings in 824 North 55th Street?
The average sales price for units in 824 North 55th Street is $0 currently.

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