Taxes
- Assessed Value: $250,100
- Assessed Year: 2025
- Assessed County: Lancaster
- APN: 17-29-317-007-000
- Assessed Land Value: 36000
- Market Land Value: 36000
- Tax Amount: 3213.64
- Tax Year: 2025
- Market Value: 250100
- Market Year: 2025
1040 S 40th St; Lincoln, NE Property Details
Off market
1040 S 40th St Lincoln, NE 68510
$250,100 Estimated Value
4 Beds
3 Baths
2,312 SqFt
Property Type
Duplex 2 UnitsProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1960
- Purchase Price: $95,000
- Est. Equity / %: $244,000 / 100%
- APN: 17-29-317-007-000
- Situs County: Lancaster
- Length Of Ownership: 14 years, 8 months
Rooms
- Bedrooms: 4
- Bathrooms: 3
- Full Bathrooms: 3
Structure
- Building Style: Masonry
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Type: Hip
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,312/SqFt
- Lot: 5,648/SqFt
- Gross: 3,024/SqFt
- Garage: 400/SqFt
- Living: 2,312/SqFt
- Basement: 1,512/SqFt
- Building: 3,024/SqFt
- Ground: 1,512/SqFt
- Basement Finished: 800/SqFt
- Garage Unfinished: 400/SqFt
- Basement Unfinished: 712/SqFt
- Price Per Square Foot: $41.09
Legal Description
- Description: MARTIN HEIGHTS, BLOCK 13, LOT 7
Building Insights
Land Information
- Property Type: Duplex 2 Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lincoln Public Schools
- Lat / Lon: 40.802826 / -96.66306
- Subdivision: Martin Heights
- Property Class: Residential
- Zoning: R2
- County Use Code: R1-04
Amenities
- Plus Four: 4609
- Bathroom Fixtures: 12
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1040 S 40th St has no associated ownership info
1040 S 40th St has no associated ownership info.
Taxes
1040 S 40th St has 10 associated Taxes items
1040 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 $250,100. The APN we've located for 1040 S 40th St is 17-29-317-007-000.
Unlock the full reportTax History
1040 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 $250,100 | Land Value $36,000 | Improvement Value $214,100 | Tax Amount $3,213.64 | Change Rate -0.029176% | Assessed CR | Tax Rate +0.012849% |
| Year 2024 | Assessed Value $235,800 | Land Value $36,000 | Improvement Value $199,800 | Tax Amount $3,310.22 | Change Rate -0.087304% | Assessed CR | Tax Rate +0.014038% |
| Year 2023 | Assessed Value $216,400 | Land Value $36,000 | Improvement Value $180,400 | Tax Amount $3,626.86 | Change Rate +0.137631% | Assessed CR | Tax Rate +0.01676% |
| Year 2022 | Assessed Value $169,400 | Land Value $25,200 | Improvement Value $144,200 | Tax Amount $3,188.08 | Change Rate -0.001847% | Assessed CR | Tax Rate +0.01882% |
| Year 2021 | Assessed Value $169,400 | Land Value $25,200 | Improvement Value $144,200 | Tax Amount $3,193.98 | Change Rate +0.382604% | Assessed CR | Tax Rate +0.018855% |
| Year 2020 | Assessed Value $120,900 | Land Value $25,200 | Improvement Value $95,700 | Tax Amount $2,310.12 | Change Rate +0.053022% | Assessed CR | Tax Rate +0.019108% |
| Year 2019 | Assessed Value $114,800 | Land Value $25,200 | Improvement Value $89,600 | Tax Amount $2,193.8 | Change Rate -0.004411% | Assessed CR | Tax Rate +0.01911% |
| Year 2018 | Assessed Value $114,800 | Land Value $25,200 | Improvement Value $89,600 | Tax Amount $2,203.52 | Change Rate +0.164282% | Assessed CR | Tax Rate +0.019194% |
| Year 2017 | Assessed Value $97,700 | Land Value $25,200 | Improvement Value $72,500 | Tax Amount $1,892.6 | Change Rate -0.005151% | Assessed CR | Tax Rate +0.019372% |
| Year 2016 | Assessed Value $97,700 | Land Value $25,200 | Improvement Value $72,500 | Tax Amount $1,902.4 | Change Rate +0.006912% | Assessed CR | Tax Rate +0.019472% |
| Year 2015 | Assessed Value $97,700 | Land Value $25,200 | Improvement Value $72,500 | Tax Amount $1,889.34 | Change Rate -0.231457% | Assessed CR | Tax Rate +0.019338% |
| Year 2014 | Assessed Value $126,400 | Land Value $28,000 | Improvement Value $98,400 | Tax Amount $2,458.34 | Change Rate | Assessed CR | Tax Rate +0.019449% |
| Year 2013 | Assessed Value $126,400 | Land Value $28,000 | Improvement Value $98,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |