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851 South 51st Street

851 South 51st Street, Lincoln, NE 68510
House in Lancaster
Sold Sep 29, 2021
$297,000
Sold Jan 23, 2019
$242,000
$249,986 by Lincoln Federal Savings Bank O
Mortgage Due Feb 01, 2049
Local assessors in Lincoln, NE have categorized 851 South 51st Street as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 8,102 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 600 ft. 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, 4 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 are 3 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 851 South 51st Street has a total of 2,889 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 1,100 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the 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 hip style roof that was 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. The property was last sold in Sep 23, 2021 for $297,000. That's $94.92 per sqft. Prior to that sales transaction, the property was also sold in Jan 22, 2019 for $242,000. 851 South 51st Street was last assessed in 2023. The total value of the property was assessed at $295,100. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $255,100. 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 $4,743. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1973
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Hip
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,100
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,129
  • Gross Building Area: 3,129
  • Building Area: 2,889
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,889
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HOME
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND HOME, BLOCK 1, LOT 2, W135 E165 EX N351

Ownership

  • Current Owner : TRAN TOAN NATHAN
  • Previous Owner : COLEMAN GENE
  • Previous Owner 2: COLEMAN EDEN
  • Owner Before Previous Owner: CARTER GRANT
  • Owner Before Previous Owner 2: CARTER JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Public Schools
  • Census Tract: 001400

Zoning

  • Zoning: R2

Geography

  • Parcel: 17-29-402-009-000
  • Block: 1
  • Lot: 2
  • Latitude: 40.805
  • Longitude: -96.6505

    Address

  • Full Address: 851 S 51st St
  • Address - House Number: 851
  • Street Direction: S
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: NE
  • City Name: Lincoln
  • Carrier Code: C012
  • 4-Digit Zip Code: 3822
  • Zip Code: 68510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,743
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 342,242
  • High Value: 393,324
  • Low Value: 291,159

    Market Valuation

  • Market Total Value: $295,100
  • Market Land Value: $40,000
  • Market Improvement Value: $255,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,100
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $255,100

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11858351819
  • Current Sale Price: $297,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021058156
  • Previous Sale Recording Date: Jan 23, 2019
  • Previous Sale Contract Date: Jan 22, 2019
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LINCOLN FEDERAL SAVINGS BANK O
  • Previous Mortgage Transaction Date: Jan 23, 2019
  • Previous Mortgage Loan Amount: $249,986
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Lincoln



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Frequently Asked Questions

What neighborhood is 851 South 51st Street located in?
The 851 South 51st Street is a house located in the neighborhood of Lancaster in Lincoln, Lincoln.
What is the average sales price for listings in 851 South 51st Street?
The average sales price for units in 851 South 51st Street is $0 currently.

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