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1201 S 2nd St; Lincoln, NE Property Details

1201 S 2nd 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 1201 S 2nd St has 3 bedrooms, and 1 bathroom, and a total of 777 square feet. The lot size of 1201 S 2nd St is 7,101 square feet.

Off market
1201 S 2nd St Lincoln, NE 68502
$148,600 Estimated Value
3 Beds
1 Baths
777 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $65,000
  • Est. Equity / %: $162,000 / 100%
  • Gross Yield: 8.111%
  • APN: 10-26-323-001-000
  • Situs County: Lancaster
  • Length Of Ownership: 21 years, 1 months

Rooms

  • Bedrooms: 3
  • 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: 777/SqFt
  • Lot: 7,101/SqFt
  • Gross: 1,554/SqFt
  • Garage: 862/SqFt
  • Living: 777/SqFt
  • Basement: 777/SqFt
  • Building: 1,554/SqFt
  • Ground: 777/SqFt
  • Garage Unfinished: 240/SqFt
  • Price Per Square Foot: $83.66

Legal Description

  • Description: LINCOLN ORIGINAL, BLOCK 229, LOT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lincoln Public Schools
  • Lat / Lon: 40.801266 / -96.719154
  • Subdivision: Lincoln Original
  • Property Class: Residential
  • Zoning: R4
  • County Use Code: R1-01

Amenities

  • Plus Four: 1006
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1201 S 2nd St has no associated ownership info
1201 S 2nd St has no associated ownership info.

Taxes

1201 S 2nd St has 10 associated Taxes items

1201 S 2nd 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 $148,600. The APN we've located for 1201 S 2nd St is 10-26-323-001-000.

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Taxes
  • Assessed Value:  $148,600
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  10-26-323-001-000
  • Assessed Land Value:  30600
  • Market Land Value:  30600
  • Tax Amount:  1741.38
  • Tax Year:  2024
  • Market Value:  148600
  • Market Year:  2025

Tax History

1201 S 2nd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $148,600 Land Value $30,600 Improvement Value $118,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $126,000 Land Value $25,500 Improvement Value $100,500 Tax Amount $1,741.38 Change Rate -0.175389% Assessed CR Tax Rate +0.01382%
Year 2023 Assessed Value $126,000 Land Value $25,500 Improvement Value $100,500 Tax Amount $2,111.76 Change Rate +0.029444% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $109,000 Land Value $23,000 Improvement Value $86,000 Tax Amount $2,051.36 Change Rate -0.001849% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $109,000 Land Value $23,000 Improvement Value $86,000 Tax Amount $2,055.16 Change Rate +0.303705% Assessed CR Tax Rate +0.018855%
Year 2020 Assessed Value $82,500 Land Value $21,300 Improvement Value $61,200 Tax Amount $1,576.4 Change Rate -0.000101% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $82,500 Land Value $21,300 Improvement Value $61,200 Tax Amount $1,576.56 Change Rate +0.038386% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $79,100 Land Value $21,300 Improvement Value $57,800 Tax Amount $1,518.28 Change Rate -0.009137% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $79,100 Land Value $21,300 Improvement Value $57,800 Tax Amount $1,532.28 Change Rate +0.137162% Assessed CR Tax Rate +0.019371%
Year 2016 Assessed Value $69,200 Land Value $21,300 Improvement Value $47,900 Tax Amount $1,347.46 Change Rate +0.00692% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $69,200 Land Value $21,300 Improvement Value $47,900 Tax Amount $1,338.2 Change Rate -0.025403% Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $70,600 Land Value $17,000 Improvement Value $53,600 Tax Amount $1,373.08 Change Rate Assessed CR Tax Rate +0.019449%
Year 2013 Assessed Value $70,700 Land Value $21,300 Improvement Value $49,400 Tax Amount Change Rate Assessed CR Tax Rate