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1324 N 40th St; Lincoln, NE Property Details

1324 N 40th St, Lincoln, NE is a Single Family that was built in 1918. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1324 N 40th St has 2 bedrooms, and 2 bathrooms, and a total of 1,809 square feet. The lot size of 1324 N 40th St is 9,586 square feet.

Off market
1324 N 40th St Lincoln, NE 68503
$305,000 Estimated Value
2 Beds
2 Baths
1,809 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1918
  • Purchase Price: $64,802
  • Est. Equity / %: $301,000 / 100%
  • Gross Yield: 7.204%
  • APN: 17-20-108-002-000
  • Situs County: Lancaster
  • Length Of Ownership: 19 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,809/SqFt
  • Lot: 9,586/SqFt
  • Gross: 2,655/SqFt
  • Garage: 432/SqFt
  • Living: 1,809/SqFt
  • Basement: 726/SqFt
  • Building: 2,535/SqFt
  • Ground: 1,220/SqFt
  • Price Per Square Foot: $35.82

Legal Description

  • Description: PARK PLACE, BLOCK 5, LOT 7, & W1/2 VAC ALLEY ADJ (REPLAT OF BLOCK 5)
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: 40.82671 / -96.66302
  • Subdivision: Park Place
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 2108
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1324 N 40th St has no associated ownership info
1324 N 40th St has no associated ownership info.

Taxes

1324 N 40th St has 10 associated Taxes items

1324 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 $305,000. The APN we've located for 1324 N 40th St is 17-20-108-002-000.

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Taxes
  • Assessed Value:  $305,000
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-20-108-002-000
  • Assessed Land Value:  67000
  • Market Land Value:  67000
  • Tax Amount:  3580.28
  • Tax Year:  2024
  • Market Value:  305000
  • Market Year:  2025

Tax History

1324 N 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $305,000 Land Value $67,000 Improvement Value $238,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $258,900 Land Value $53,000 Improvement Value $205,900 Tax Amount $3,580.28 Change Rate -0.172331% Assessed CR Tax Rate +0.013829%
Year 2023 Assessed Value $258,100 Land Value $53,000 Improvement Value $205,100 Tax Amount $4,325.74 Change Rate +0.069071% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $215,000 Land Value $50,000 Improvement Value $165,000 Tax Amount $4,046.26 Change Rate +0.306155% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $164,300 Land Value $50,000 Improvement Value $114,300 Tax Amount $3,097.84 Change Rate +0.258732% Assessed CR Tax Rate +0.018855%
Year 2020 Assessed Value $128,800 Land Value $45,000 Improvement Value $83,800 Tax Amount $2,461.08 Change Rate +0.240726% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $103,800 Land Value $45,000 Improvement Value $58,800 Tax Amount $1,983.58 Change Rate +0.389003% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $74,400 Land Value $45,000 Improvement Value $29,400 Tax Amount $1,428.06 Change Rate -0.010477% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $74,500 Land Value $45,000 Improvement Value $29,500 Tax Amount $1,443.18 Change Rate Assessed CR Tax Rate +0.019372%
Year 2016 Assessed Value $133,400 Land Value $35,000 Improvement Value $98,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $133,400 Land Value $35,000 Improvement Value $98,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $116,100 Land Value $40,000 Improvement Value $76,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $116,100 Land Value $40,000 Improvement Value $76,100 Tax Amount Change Rate Assessed CR Tax Rate