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1215 S 40th St; Lincoln, NE Property Details

1215 S 40th St, Lincoln, NE is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 1215 S 40th St has 2 bedrooms, and 2.5 bathrooms, and a total of 2,262 square feet. The lot size of 1215 S 40th St is 8,742 square feet.

Off market
1215 S 40th St Lincoln, NE 68510
$182,000 Listing Price
2 Beds
2.5 Baths
2,262 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $182,000
  • Open Loans / Balance: 1 / $101,200
  • Est. Equity / %: $211,800 / 67.67%
  • Gross Yield: 9.715%
  • APN: 17-30-419-001-000
  • Situs County: Lancaster
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,262/SqFt
  • Lot: 8,742/SqFt
  • Gross: 3,317/SqFt
  • Garage: 525/SqFt
  • Living: 2,262/SqFt
  • Basement: 1,237/SqFt
  • Building: 3,074/SqFt
  • Ground: 1,312/SqFt
  • Basement Finished: 950/SqFt
  • Basement Unfinished: 287/SqFt
  • Price Per Square Foot: $80.46

Legal Description

  • Description: BROWNBILT SECOND ADDITION, BLOCK 10, 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: 40.801296 / -96.66362
  • Subdivision: Brownbilt Second Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 4613
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

1215 S 40th St has no associated ownership info
1215 S 40th St has no associated ownership info.

Taxes

1215 S 40th St has 10 associated Taxes items

1215 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 $279,800. The APN we've located for 1215 S 40th St is 17-30-419-001-000.

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Taxes
  • Assessed Value:  $279,800
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-30-419-001-000
  • Assessed Land Value:  46000
  • Market Land Value:  46000
  • Tax Amount:  3377.76
  • Tax Year:  2024
  • Market Value:  279800
  • Market Year:  2025

Tax History

1215 S 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $279,800 Land Value $46,000 Improvement Value $233,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $244,400 Land Value $36,800 Improvement Value $207,600 Tax Amount $3,377.76 Change Rate -0.17538% Assessed CR Tax Rate +0.013821%
Year 2023 Assessed Value $244,400 Land Value $36,800 Improvement Value $207,600 Tax Amount $4,096.14 Change Rate +0.150976% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $189,100 Land Value $24,500 Improvement Value $164,600 Tax Amount $3,558.84 Change Rate -0.065077% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $189,100 Land Value $24,500 Improvement Value $164,600 Tax Amount $3,806.56 Change Rate +0.140324% Assessed CR Tax Rate +0.02013%
Year 2020 Assessed Value $174,700 Land Value $24,500 Improvement Value $150,200 Tax Amount $3,338.14 Change Rate -0.000096% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $174,700 Land Value $24,500 Improvement Value $150,200 Tax Amount $3,338.46 Change Rate +0.230914% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $141,300 Land Value $24,500 Improvement Value $116,800 Tax Amount $2,712.18 Change Rate -0.009141% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $141,300 Land Value $24,500 Improvement Value $116,800 Tax Amount $2,737.2 Change Rate +0.001222% Assessed CR Tax Rate +0.019372%
Year 2016 Assessed Value $140,400 Land Value $24,500 Improvement Value $115,900 Tax Amount $2,733.86 Change Rate +0.00691% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $140,400 Land Value $24,500 Improvement Value $115,900 Tax Amount $2,715.1 Change Rate +0.070564% Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $130,400 Land Value $24,500 Improvement Value $105,900 Tax Amount $2,536.14 Change Rate Assessed CR Tax Rate +0.019449%
Year 2013 Assessed Value $130,400 Land Value $24,500 Improvement Value $105,900 Tax Amount Change Rate Assessed CR Tax Rate