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1115 S 40th St; Lincoln, NE Property Details

1115 S 40th St, Lincoln, NE is a Single Family that was built in 1953. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1115 S 40th St has 2 bedrooms, and 2 bathrooms, and a total of 1,643 square feet. The lot size of 1115 S 40th St is 8,642 square feet.

Off market
1115 S 40th St Lincoln, NE 68510
$75,000 Listing Price
2 Beds
2 Baths
1,643 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1953
  • Purchase Price: $167,024
  • Est. Equity / %: $230,000 / 100%
  • Gross Yield: 8.776%
  • APN: 17-30-415-001-000
  • Situs County: Lancaster
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,643/SqFt
  • Lot: 8,642/SqFt
  • Gross: 2,466/SqFt
  • Garage: 300/SqFt
  • Living: 1,643/SqFt
  • Basement: 993/SqFt
  • Building: 2,286/SqFt
  • Ground: 993/SqFt
  • Basement Finished: 650/SqFt
  • Basement Unfinished: 343/SqFt
  • Price Per Square Foot: $101.66

Legal Description

  • Description: BROWNBILT SECOND ADDITION, BLOCK 11, LOT 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: 40.802208 / -96.66361
  • Subdivision: Brownbilt Second Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 4601
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1115 S 40th St has no associated ownership info
1115 S 40th St has no associated ownership info.

Taxes

1115 S 40th St has 10 associated Taxes items

1115 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 $218,600. The APN we've located for 1115 S 40th St is 17-30-415-001-000.

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Taxes
  • Assessed Value:  $218,600
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-30-415-001-000
  • Assessed Land Value:  40000
  • Market Land Value:  40000
  • Tax Amount:  2461.44
  • Tax Year:  2024
  • Market Value:  218600
  • Market Year:  2025

Tax History

1115 S 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $218,600 Land Value $40,000 Improvement Value $178,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,461.44 Change Rate -0.17538% Assessed CR Tax Rate
Year 2023 Assessed Value $178,100 Land Value $32,000 Improvement Value $146,100 Tax Amount $2,984.94 Change Rate +0.156864% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $137,100 Land Value $24,500 Improvement Value $112,600 Tax Amount $2,580.2 Change Rate -0.001841% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $137,100 Land Value $24,500 Improvement Value $112,600 Tax Amount $2,584.96 Change Rate +0.07882% Assessed CR Tax Rate +0.018855%
Year 2020 Assessed Value $125,400 Land Value $24,500 Improvement Value $100,900 Tax Amount $2,396.1 Change Rate -0.000108% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $125,400 Land Value $24,500 Improvement Value $100,900 Tax Amount $2,396.36 Change Rate -0.008367% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $125,900 Land Value $24,500 Improvement Value $101,400 Tax Amount $2,416.58 Change Rate -0.009135% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $125,900 Land Value $24,500 Improvement Value $101,400 Tax Amount $2,438.86 Change Rate +0.049875% Assessed CR Tax Rate +0.019371%
Year 2016 Assessed Value $119,300 Land Value $24,500 Improvement Value $94,800 Tax Amount $2,323 Change Rate +0.006909% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $119,300 Land Value $24,500 Improvement Value $94,800 Tax Amount $2,307.06 Change Rate Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $98,500 Land Value $24,500 Improvement Value $74,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $98,500 Land Value $24,500 Improvement Value $74,000 Tax Amount Change Rate Assessed CR Tax Rate