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1229 S 40th St; Lincoln, NE Property Details

1229 S 40th St, Lincoln, NE is a Single Family that was built in 1952. This property is currently Financed,Bank Sale and is not for sale. Our records show that 1229 S 40th St has 2 bedrooms, and 2 bathrooms, and a total of 2,062 square feet. The lot size of 1229 S 40th St is 8,703 square feet.

Off market
1229 S 40th St Lincoln, NE 68510
$213,000 Estimated Value
2 Beds
2 Baths
2,062 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Open Loans: 1
  • Gross Yield: 7.24%
  • APN: 17-30-419-009-000
  • Situs County: Lancaster
  • Length Of Ownership: 16 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 2,062/SqFt
  • Lot: 8,703/SqFt
  • Gross: 2,564/SqFt
  • Garage: 240/SqFt
  • Living: 2,062/SqFt
  • Basement: 1,162/SqFt
  • Building: 2,564/SqFt
  • Ground: 1,162/SqFt
  • Basement Finished: 900/SqFt
  • Basement Unfinished: 262/SqFt

Legal Description

  • Description: BROWNBILT SECOND ADDITION, BLOCK 10, LOT 9
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: 40.80111 / -96.66355
  • Subdivision: Brownbilt Second Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 4613
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1229 S 40th St has no associated ownership info
1229 S 40th St has no associated ownership info.

Taxes

1229 S 40th St has 10 associated Taxes items

1229 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 $213,000. The APN we've located for 1229 S 40th St is 17-30-419-009-000.

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Taxes
  • Assessed Value:  $213,000
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-30-419-009-000
  • Assessed Land Value:  40000
  • Market Land Value:  40000
  • Tax Amount:  2602.42
  • Tax Year:  2024
  • Market Value:  213000
  • Market Year:  2025

Tax History

1229 S 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $213,000 Land Value $40,000 Improvement Value $173,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $188,300 Land Value $32,000 Improvement Value $156,300 Tax Amount $2,602.42 Change Rate -0.175385% Assessed CR Tax Rate +0.013821%
Year 2023 Assessed Value $188,300 Land Value $32,000 Improvement Value $156,300 Tax Amount $3,155.92 Change Rate +0.119438% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $149,800 Land Value $24,500 Improvement Value $125,300 Tax Amount $2,819.2 Change Rate -0.065085% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $149,800 Land Value $24,500 Improvement Value $125,300 Tax Amount $3,015.46 Change Rate +0.328396% Assessed CR Tax Rate +0.02013%
Year 2020 Assessed Value $118,800 Land Value $24,500 Improvement Value $94,300 Tax Amount $2,270 Change Rate -0.000097% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $118,800 Land Value $24,500 Improvement Value $94,300 Tax Amount $2,270.22 Change Rate +0.095137% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $108,000 Land Value $24,500 Improvement Value $83,500 Tax Amount $2,073 Change Rate -0.009139% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $108,000 Land Value $24,500 Improvement Value $83,500 Tax Amount $2,092.12 Change Rate +0.072288% Assessed CR Tax Rate +0.019371%
Year 2016 Assessed Value $100,200 Land Value $24,500 Improvement Value $75,700 Tax Amount $1,951.08 Change Rate +0.006905% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $100,200 Land Value $24,500 Improvement Value $75,700 Tax Amount $1,937.7 Change Rate +0.166629% Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $85,400 Land Value $24,500 Improvement Value $60,900 Tax Amount $1,660.94 Change Rate Assessed CR Tax Rate +0.019449%
Year 2013 Assessed Value $85,400 Land Value $24,500 Improvement Value $60,900 Tax Amount Change Rate Assessed CR Tax Rate