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1121 N 38th St; Lincoln, NE Property Details

1121 N 38th St, Lincoln, NE is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 1121 N 38th St has 2 bedrooms, and 2 bathrooms, and a total of 2,432 square feet. The lot size of 1121 N 38th St is 6,964 square feet.

Off market
1121 N 38th St Lincoln, NE 68503
$252,600 Estimated Value
2 Beds
2 Baths
2,432 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1925
  • Purchase Price: $127,000
  • Est. Equity / %: $314,000 / 100%
  • Gross Yield: 8.266%
  • APN: 17-19-249-001-000
  • Situs County: Lancaster
  • Length Of Ownership: 15 years, 1 months

Rooms

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

Structure

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

Measurements

  • Total: 2,432/SqFt
  • Lot: 6,964/SqFt
  • Gross: 2,540/SqFt
  • Garage: 336/SqFt
  • Living: 2,432/SqFt
  • Basement: 1,048/SqFt
  • Building: 2,480/SqFt
  • Ground: 1,048/SqFt
  • Basement Finished: 1,000/SqFt
  • Basement Unfinished: 48/SqFt
  • Price Per Square Foot: $52.22

Legal Description

  • Description: MEADOW LARK ADDITION, LOT 1
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: 40.82434 / -96.66663
  • Subdivision: Meadow Lark Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 2019
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1121 N 38th St has no associated ownership info
1121 N 38th St has no associated ownership info.

Taxes

1121 N 38th St has 10 associated Taxes items

1121 N 38th 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 $252,600. The APN we've located for 1121 N 38th St is 17-19-249-001-000.

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Taxes
  • Assessed Value:  $252,600
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-19-249-001-000
  • Assessed Land Value:  67000
  • Market Land Value:  67000
  • Tax Amount:  3245.76
  • Tax Year:  2025
  • Market Value:  252600
  • Market Year:  2025

Tax History

1121 N 38th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $252,600 Land Value $67,000 Improvement Value $185,600 Tax Amount $3,245.76 Change Rate +0.038696% Assessed CR Tax Rate +0.012849%
Year 2024 Assessed Value $226,100 Land Value $53,000 Improvement Value $173,100 Tax Amount $3,124.84 Change Rate -0.175382% Assessed CR Tax Rate +0.013821%
Year 2023 Assessed Value $226,100 Land Value $53,000 Improvement Value $173,100 Tax Amount $3,789.44 Change Rate +0.187927% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $169,500 Land Value $50,000 Improvement Value $119,500 Tax Amount $3,189.96 Change Rate -0.001846% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $169,500 Land Value $50,000 Improvement Value $119,500 Tax Amount $3,195.86 Change Rate +0.098196% Assessed CR Tax Rate +0.018855%
Year 2020 Assessed Value $152,300 Land Value $45,000 Improvement Value $107,300 Tax Amount $2,910.1 Change Rate -0.000103% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $152,300 Land Value $45,000 Improvement Value $107,300 Tax Amount $2,910.4 Change Rate +0.073085% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $141,300 Land Value $45,000 Improvement Value $96,300 Tax Amount $2,712.18 Change Rate -0.009141% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $141,300 Land Value $45,000 Improvement Value $96,300 Tax Amount $2,737.2 Change Rate +0.049041% Assessed CR Tax Rate +0.019372%
Year 2016 Assessed Value $134,000 Land Value $35,000 Improvement Value $99,000 Tax Amount $2,609.24 Change Rate +0.006908% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $134,000 Land Value $35,000 Improvement Value $99,000 Tax Amount $2,591.34 Change Rate +0.170804% Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $113,800 Land Value $40,000 Improvement Value $73,800 Tax Amount $2,213.3 Change Rate Assessed CR Tax Rate +0.019449%
Year 2013 Assessed Value $113,800 Land Value $40,000 Improvement Value $73,800 Tax Amount Change Rate Assessed CR Tax Rate