Taxes
- Assessed Value: $151,200
- Assessed Year: 2025
- Assessed County: Lancaster
- APN: 10-26-323-017-000
- Assessed Land Value: 18000
- Market Land Value: 18000
- Tax Amount: 1942.82
- Tax Year: 2025
- Market Value: 151200
- Market Year: 2025
1225 S 2nd St; Lincoln, NE Property Details
Off market
1225 S 2nd St Lincoln, NE 68502
$151,200 Estimated Value
2 Beds
1.5 Baths
1,356 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1925
- Purchase Price: $70,000
- Est. Equity / %: $172,000 / 100%
- Gross Yield: 3.963%
- APN: 10-26-323-017-000
- Situs County: Lancaster
- Length Of Ownership: 1 year, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,356/SqFt
- Lot: 2,602/SqFt
- Gross: 1,812/SqFt
- Garage: 252/SqFt
- Living: 1,356/SqFt
- Basement: 756/SqFt
- Building: 1,812/SqFt
- Ground: 756/SqFt
- Basement Finished: 300/SqFt
- Basement Unfinished: 456/SqFt
- Price Per Square Foot: $51.62
Legal Description
- Description: LINCOLN ORIGINAL, BLOCK 229, LOT 12, N52
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Lincoln Public Schools
- Lat / Lon: 40.800804 / -96.71914
- Subdivision: Lincoln Original
- Property Class: Residential
- Zoning: R4
- County Use Code: R1-01
Amenities
- Plus Four: 1006
- Bathroom Fixtures: 7
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1225 S 2nd St has no associated ownership info
1225 S 2nd St has no associated ownership info.
Taxes
1225 S 2nd St has 10 associated Taxes items
1225 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 $151,200. The APN we've located for 1225 S 2nd St is 10-26-323-017-000.
Unlock the full reportTax History
1225 S 2nd St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $151,200 | Land Value $18,000 | Improvement Value $133,200 | Tax Amount $1,942.82 | Change Rate +0.164662% | Assessed CR | Tax Rate +0.012849% |
| Year 2024 | Assessed Value $120,700 | Land Value $15,000 | Improvement Value $105,700 | Tax Amount $1,668.14 | Change Rate -0.175388% | Assessed CR | Tax Rate +0.013821% |
| Year 2023 | Assessed Value $120,700 | Land Value $15,000 | Improvement Value $105,700 | Tax Amount $2,022.94 | Change Rate +0.006458% | Assessed CR | Tax Rate +0.01676% |
| Year 2022 | Assessed Value $106,800 | Land Value $13,500 | Improvement Value $93,300 | Tax Amount $2,009.96 | Change Rate -0.001847% | Assessed CR | Tax Rate +0.01882% |
| Year 2021 | Assessed Value $106,800 | Land Value $13,500 | Improvement Value $93,300 | Tax Amount $2,013.68 | Change Rate +0.302661% | Assessed CR | Tax Rate +0.018855% |
| Year 2020 | Assessed Value $80,900 | Land Value $12,500 | Improvement Value $68,400 | Tax Amount $1,545.82 | Change Rate -0.000103% | Assessed CR | Tax Rate +0.019108% |
| Year 2019 | Assessed Value $80,900 | Land Value $12,500 | Improvement Value $68,400 | Tax Amount $1,545.98 | Change Rate +0.109406% | Assessed CR | Tax Rate +0.01911% |
| Year 2018 | Assessed Value $72,600 | Land Value $12,500 | Improvement Value $60,100 | Tax Amount $1,393.52 | Change Rate -0.00913% | Assessed CR | Tax Rate +0.019194% |
| Year 2017 | Assessed Value $72,600 | Land Value $12,500 | Improvement Value $60,100 | Tax Amount $1,406.36 | Change Rate -0.153285% | Assessed CR | Tax Rate +0.019371% |
| Year 2016 | Assessed Value $85,300 | Land Value $12,500 | Improvement Value $72,800 | Tax Amount $1,660.96 | Change Rate +0.006911% | Assessed CR | Tax Rate +0.019472% |
| Year 2015 | Assessed Value $85,300 | Land Value $12,500 | Improvement Value $72,800 | Tax Amount $1,649.56 | Change Rate +0.290938% | Assessed CR | Tax Rate +0.019338% |
| Year 2014 | Assessed Value $65,700 | Land Value $10,000 | Improvement Value $55,700 | Tax Amount $1,277.8 | Change Rate | Assessed CR | Tax Rate +0.019449% |
| Year 2013 | Assessed Value $65,700 | Land Value $12,500 | Improvement Value $53,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |