Taxes
- Assessed Value: $307,100
- Assessed Year: 2025
- Assessed County: Lancaster
- APN: 17-20-116-003-000
- Assessed Land Value: 87100
- Market Land Value: 87100
- Tax Amount: 3488.32
- Tax Year: 2024
- Market Value: 307100
- Market Year: 2025
1240 N 40th St; Lincoln, NE Property Details
Off market
1240 N 40th St Lincoln, NE 68503
$307,100 Estimated Value
4 Beds
2.5 Baths
2,266 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1930
- Purchase Price: $223,000
- Open Loans / Balance: 1 / $118,401
- Est. Equity / %: $203,599 / 63.23%
- Gross Yield: 10.301%
- APN: 17-20-116-003-000
- Situs County: Lancaster
- Length Of Ownership: 7 years, 5 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,266/SqFt
- Lot: 21,602/SqFt
- Gross: 3,022/SqFt
- Garage: 308/SqFt
- Living: 2,266/SqFt
- Basement: 704/SqFt
- Building: 2,728/SqFt
- Ground: 704/SqFt
- Basement Finished: 550/SqFt
- Basement Unfinished: 154/SqFt
- Price Per Square Foot: $98.41
Legal Description
- Description: PARK PLACE, BLOCK 12, LOT 4 - 6, & ROW INST#2021-22544 & 2021-22553
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: 40.825966 / -96.66296
- Subdivision: Park Place
- Property Class: Residential
- Zoning: R2
- County Use Code: R1-01
Amenities
- Plus Four: 2107
- Bathroom Fixtures: 10
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Yes
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1240 N 40th St has no associated ownership info
1240 N 40th St has no associated ownership info.
Taxes
1240 N 40th St has 10 associated Taxes items
1240 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 $307,100. The APN we've located for 1240 N 40th St is 17-20-116-003-000.
Unlock the full reportTax History
1240 N 40th 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 $307,100 | Land Value $87,100 | Improvement Value $220,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $252,400 | Land Value $68,900 | Improvement Value $183,500 | Tax Amount $3,488.32 | Change Rate -0.175385% | Assessed CR | Tax Rate +0.013821% |
| Year 2023 | Assessed Value $252,400 | Land Value $68,900 | Improvement Value $183,500 | Tax Amount $4,230.24 | Change Rate -0.008922% | Assessed CR | Tax Rate +0.01676% |
| Year 2022 | Assessed Value $226,800 | Land Value $65,000 | Improvement Value $161,800 | Tax Amount $4,268.32 | Change Rate -0.065084% | Assessed CR | Tax Rate +0.01882% |
| Year 2021 | Assessed Value $226,800 | Land Value $65,000 | Improvement Value $161,800 | Tax Amount $4,565.46 | Change Rate +0.066661% | Assessed CR | Tax Rate +0.02013% |
| Year 2020 | Assessed Value $224,000 | Land Value $58,500 | Improvement Value $165,500 | Tax Amount $4,280.14 | Change Rate -0.000098% | Assessed CR | Tax Rate +0.019108% |
| Year 2019 | Assessed Value $224,000 | Land Value $58,500 | Improvement Value $165,500 | Tax Amount $4,280.56 | Change Rate +0.039677% | Assessed CR | Tax Rate +0.01911% |
| Year 2018 | Assessed Value $214,500 | Land Value $58,500 | Improvement Value $156,000 | Tax Amount $4,117.2 | Change Rate -0.009145% | Assessed CR | Tax Rate +0.019194% |
| Year 2017 | Assessed Value $214,500 | Land Value $58,500 | Improvement Value $156,000 | Tax Amount $4,155.2 | Change Rate +0.206981% | Assessed CR | Tax Rate +0.019372% |
| Year 2016 | Assessed Value $176,800 | Land Value $45,500 | Improvement Value $131,300 | Tax Amount $3,442.64 | Change Rate +0.006908% | Assessed CR | Tax Rate +0.019472% |
| Year 2015 | Assessed Value $176,800 | Land Value $45,500 | Improvement Value $131,300 | Tax Amount $3,419.02 | Change Rate +0.001676% | Assessed CR | Tax Rate +0.019338% |
| Year 2014 | Assessed Value $175,500 | Land Value $52,000 | Improvement Value $123,500 | Tax Amount $3,413.3 | Change Rate | Assessed CR | Tax Rate +0.019449% |
| Year 2013 | Assessed Value $175,500 | Land Value $52,000 | Improvement Value $123,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |