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1124 N 40th St; Lincoln, NE Property Details

1124 N 40th St, Lincoln, NE is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 1124 N 40th St has 2 bedrooms, and 1 bathroom, and a total of 816 square feet. The lot size of 1124 N 40th St is 7,021 square feet.

Off market
1124 N 40th St Lincoln, NE 68503
$182,500 Listing Price
2 Beds
1 Baths
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $183,000
  • Open Loans / Balance: 1 / $168,526
  • Est. Equity / %: $21,474 / 11.3%
  • Gross Yield: 10.339%
  • APN: 17-20-124-005-000
  • Situs County: Lancaster
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 816/SqFt
  • Lot: 7,021/SqFt
  • Gross: 1,576/SqFt
  • Garage: 400/SqFt
  • Living: 816/SqFt
  • Basement: 600/SqFt
  • Building: 1,416/SqFt
  • Ground: 816/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $224.26

Legal Description

  • Description: PARK PLACE, BLOCK 13, LOT 4 - 6, S1/3 (AKA S45) & N1/2 VAC ALLEY ADJ
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: 40.824883 / -96.66295
  • Subdivision: Park Place
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 2105
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1124 N 40th St has no associated ownership info
1124 N 40th St has no associated ownership info.

Taxes

1124 N 40th St has 10 associated Taxes items

1124 N 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 $184,000. The APN we've located for 1124 N 40th St is 17-20-124-005-000.

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Taxes
  • Assessed Value:  $184,000
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-20-124-005-000
  • Assessed Land Value:  50000
  • Market Land Value:  50000
  • Tax Amount:  2350.48
  • Tax Year:  2024
  • Market Value:  184000
  • Market Year:  2025

Tax History

1124 N 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $184,000 Land Value $50,000 Improvement Value $134,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $167,600 Land Value $38,000 Improvement Value $129,600 Tax Amount $2,350.48 Change Rate -0.093452% Assessed CR Tax Rate +0.014024%
Year 2023 Assessed Value $154,700 Land Value $38,000 Improvement Value $116,700 Tax Amount $2,592.78 Change Rate +0.094268% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $125,900 Land Value $35,000 Improvement Value $90,900 Tax Amount $2,369.42 Change Rate -0.001845% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $125,900 Land Value $35,000 Improvement Value $90,900 Tax Amount $2,373.8 Change Rate +0.135572% Assessed CR Tax Rate +0.018855%
Year 2020 Assessed Value $109,400 Land Value $35,000 Improvement Value $74,400 Tax Amount $2,090.4 Change Rate -0.000096% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $109,400 Land Value $35,000 Improvement Value $74,400 Tax Amount $2,090.6 Change Rate +0.159924% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $93,900 Land Value $35,000 Improvement Value $58,900 Tax Amount $1,802.36 Change Rate -0.009137% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $93,900 Land Value $35,000 Improvement Value $58,900 Tax Amount $1,818.98 Change Rate -0.003025% Assessed CR Tax Rate +0.019371%
Year 2016 Assessed Value $93,700 Land Value $30,000 Improvement Value $63,700 Tax Amount $1,824.5 Change Rate +0.006898% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $93,700 Land Value $30,000 Improvement Value $63,700 Tax Amount $1,812 Change Rate Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $86,700 Land Value $40,000 Improvement Value $46,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $86,700 Land Value $40,000 Improvement Value $46,700 Tax Amount Change Rate Assessed CR Tax Rate