Taxes
- Assessed Value: $172,000
- Assessed Year: 2025
- Assessed County: Lancaster
- APN: 17-29-317-006-000
- Assessed Land Value: 32000
- Market Land Value: 32000
- Tax Amount: 2210.1
- Tax Year: 2025
- Market Value: 172000
- Market Year: 2025
1016 S 40th St; Lincoln, NE Property Details
Off market
1016 S 40th St Lincoln, NE 68510
$172,000 Estimated Value
2 Beds
1 Baths
1,197 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1950
- Purchase Price: $110,000
- Open Loans / Balance: 1 / $104,966
- Est. Equity / %: $116,034 / 52.5%
- Inv. Liens / Amount: 1 / $216
- Gross Yield: 8.481%
- APN: 17-29-317-006-000
- Situs County: Lancaster
- Length Of Ownership: 19 years, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: D
- Roof Type: Hip
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,197/SqFt
- Lot: 5,878/SqFt
- Gross: 1,572/SqFt
- Garage: 240/SqFt
- Living: 1,197/SqFt
- Basement: 775/SqFt
- Building: 1,572/SqFt
- Ground: 797/SqFt
- Basement Finished: 400/SqFt
- Basement Unfinished: 375/SqFt
- Price Per Square Foot: $91.90
Legal Description
- Description: MARTIN HEIGHTS, BLOCK 13, LOT 5 - 6, S65 1/2
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lincoln Public Schools
- Lat / Lon: 40.803135 / -96.66298
- Subdivision: Martin Heights
- Property Class: Residential
- Zoning: R2
- County Use Code: R1-01
Amenities
- Plus Four: 4609
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1016 S 40th St has no associated ownership info
1016 S 40th St has no associated ownership info.
Taxes
1016 S 40th St has 10 associated Taxes items
1016 S 40th St, Lincoln, NE pays taxes in Lancaster County, NE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $172,000. The APN we've located for 1016 S 40th St is 17-29-317-006-000.
Unlock the full reportTax History
1016 S 40th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $172,000 | Land Value $32,000 | Improvement Value $140,000 | Tax Amount $2,210.1 | Change Rate -0.016527% | Assessed CR | Tax Rate +0.012849% |
| Year 2024 | Assessed Value $162,600 | Land Value $26,400 | Improvement Value $136,200 | Tax Amount $2,247.24 | Change Rate -0.175379% | Assessed CR | Tax Rate +0.013821% |
| Year 2023 | Assessed Value $162,600 | Land Value $26,400 | Improvement Value $136,200 | Tax Amount $2,725.18 | Change Rate +0.064731% | Assessed CR | Tax Rate +0.01676% |
| Year 2022 | Assessed Value $136,000 | Land Value $24,000 | Improvement Value $112,000 | Tax Amount $2,559.5 | Change Rate -0.001841% | Assessed CR | Tax Rate +0.01882% |
| Year 2021 | Assessed Value $136,000 | Land Value $24,000 | Improvement Value $112,000 | Tax Amount $2,564.22 | Change Rate +0.458667% | Assessed CR | Tax Rate +0.018855% |
| Year 2020 | Assessed Value $92,000 | Land Value $24,000 | Improvement Value $68,000 | Tax Amount $1,757.92 | Change Rate -0.000102% | Assessed CR | Tax Rate +0.019108% |
| Year 2019 | Assessed Value $92,000 | Land Value $21,000 | Improvement Value $71,000 | Tax Amount $1,758.1 | Change Rate +0.136399% | Assessed CR | Tax Rate +0.01911% |
| Year 2018 | Assessed Value $80,600 | Land Value $21,000 | Improvement Value $59,600 | Tax Amount $1,547.08 | Change Rate -0.009133% | Assessed CR | Tax Rate +0.019195% |
| Year 2017 | Assessed Value $80,600 | Land Value $21,000 | Improvement Value $59,600 | Tax Amount $1,561.34 | Change Rate -0.082568% | Assessed CR | Tax Rate +0.019371% |
| Year 2016 | Assessed Value $87,400 | Land Value $21,000 | Improvement Value $66,400 | Tax Amount $1,701.86 | Change Rate +0.006922% | Assessed CR | Tax Rate +0.019472% |
| Year 2015 | Assessed Value $87,400 | Land Value $21,000 | Improvement Value $66,400 | Tax Amount $1,690.16 | Change Rate +0.187194% | Assessed CR | Tax Rate +0.019338% |
| Year 2014 | Assessed Value $73,200 | Land Value $21,000 | Improvement Value $52,200 | Tax Amount $1,423.66 | Change Rate | Assessed CR | Tax Rate +0.019449% |
| Year 2013 | Assessed Value $73,200 | Land Value $21,000 | Improvement Value $52,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |