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1245 S 40th St; Lincoln, NE Property Details

1245 S 40th St, Lincoln, NE is a Single Family that was built in 1952. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1245 S 40th St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,512 square feet. The lot size of 1245 S 40th St is 8,550 square feet.

Off market
1245 S 40th St Lincoln, NE 68510
$301,500 Estimated Value
3 Beds
2.5 Baths
2,512 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1952
  • Purchase Price: $135,000
  • Est. Equity / %: $323,000 / 100%
  • Gross Yield: 9.046%
  • APN: 17-30-419-010-000
  • Situs County: Lancaster
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,512/SqFt
  • Lot: 8,550/SqFt
  • Gross: 3,776/SqFt
  • Garage: 600/SqFt
  • Living: 2,512/SqFt
  • Basement: 1,414/SqFt
  • Building: 3,776/SqFt
  • Ground: 1,762/SqFt
  • Basement Finished: 750/SqFt
  • Basement Unfinished: 664/SqFt
  • Price Per Square Foot: $53.74

Legal Description

  • Description: BROWNBILT SECOND ADDITION, BLOCK 10, LOT 10
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: 40.800907 / -96.66359
  • Subdivision: Brownbilt Second Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 4613
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

1245 S 40th St has no associated ownership info
1245 S 40th St has no associated ownership info.

Taxes

1245 S 40th St has 10 associated Taxes items

1245 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 $301,500. The APN we've located for 1245 S 40th St is 17-30-419-010-000.

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Taxes
  • Assessed Value:  $301,500
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-30-419-010-000
  • Assessed Land Value:  45000
  • Market Land Value:  45000
  • Tax Amount:  4182.12
  • Tax Year:  2024
  • Market Value:  301500
  • Market Year:  2025

Tax History

1245 S 40th St has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $301,500 Land Value $45,000 Improvement Value $256,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $302,600 Land Value $36,000 Improvement Value $266,600 Tax Amount $4,182.12 Change Rate -0.175381% Assessed CR Tax Rate +0.013821%
Year 2023 Assessed Value $302,600 Land Value $36,000 Improvement Value $266,600 Tax Amount $5,071.58 Change Rate +0.231074% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $218,900 Land Value $24,500 Improvement Value $194,400 Tax Amount $4,119.64 Change Rate +0.155411% Assessed CR Tax Rate +0.01882%
Year 2020 Assessed Value $186,600 Land Value $24,500 Improvement Value $162,100 Tax Amount $3,565.52 Change Rate -0.000095% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $186,600 Land Value $24,500 Improvement Value $162,100 Tax Amount $3,565.86 Change Rate +0.073233% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $173,100 Land Value $24,500 Improvement Value $148,600 Tax Amount $3,322.54 Change Rate -0.009149% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $173,100 Land Value $24,500 Improvement Value $148,600 Tax Amount $3,353.22 Change Rate Assessed CR Tax Rate +0.019372%