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1815 S 42nd St; Lincoln, NE Property Details

1815 S 42nd St, Lincoln, NE is a Single Family that was built in 1952. This property is currently a cash purchase and is not for sale. Our records show that 1815 S 42nd St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,318 square feet. The lot size of 1815 S 42nd St is 5,996 square feet.

Off market
1815 S 42nd St Lincoln, NE 68506
$203,700 Estimated Value
2 Beds
1.5 Baths
1,318 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $75,000
  • Est. Equity / %: $220,000 / 100%
  • Gross Yield: 9.955%
  • APN: 17-32-108-023-000
  • Situs County: Lancaster
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,318/SqFt
  • Lot: 5,996/SqFt
  • Gross: 1,749/SqFt
  • Garage: 231/SqFt
  • Living: 1,318/SqFt
  • Basement: 750/SqFt
  • Building: 1,749/SqFt
  • Ground: 768/SqFt
  • Basement Finished: 550/SqFt
  • Basement Unfinished: 200/SqFt
  • Price Per Square Foot: $56.90

Legal Description

  • Description: FAULKNERS PARK PLACE, LOT 20, N1/2 E1/2
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: 40.794052 / -96.66113
  • Subdivision: Faulkners Park Place
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 1112
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1815 S 42nd St has no associated ownership info
1815 S 42nd St has no associated ownership info.

Taxes

1815 S 42nd St has 10 associated Taxes items

1815 S 42nd 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 $203,700. The APN we've located for 1815 S 42nd St is 17-32-108-023-000.

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Taxes
  • Assessed Value:  $203,700
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  17-32-108-023-000
  • Assessed Land Value:  50000
  • Market Land Value:  50000
  • Tax Amount:  2505.1
  • Tax Year:  2024
  • Market Value:  203700
  • Market Year:  2025

Tax History

1815 S 42nd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $203,700 Land Value $50,000 Improvement Value $153,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $179,900 Land Value $36,000 Improvement Value $143,900 Tax Amount $2,505.1 Change Rate -0.135015% Assessed CR Tax Rate +0.013925%
Year 2023 Assessed Value $172,800 Land Value $36,000 Improvement Value $136,800 Tax Amount $2,896.12 Change Rate +0.133191% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $135,800 Land Value $35,000 Improvement Value $100,800 Tax Amount $2,555.72 Change Rate -0.065085% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $135,800 Land Value $35,000 Improvement Value $100,800 Tax Amount $2,733.64 Change Rate +0.288869% Assessed CR Tax Rate +0.02013%
Year 2020 Assessed Value $111,000 Land Value $35,000 Improvement Value $76,000 Tax Amount $2,120.96 Change Rate -0.000094% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $111,000 Land Value $35,000 Improvement Value $76,000 Tax Amount $2,121.16 Change Rate +0.026083% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $107,700 Land Value $35,000 Improvement Value $72,700 Tax Amount $2,067.24 Change Rate -0.009145% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $107,700 Land Value $35,000 Improvement Value $72,700 Tax Amount $2,086.32 Change Rate +0.098931% Assessed CR Tax Rate +0.019372%
Year 2016 Assessed Value $97,500 Land Value $35,000 Improvement Value $62,500 Tax Amount $1,898.5 Change Rate +0.006905% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $97,500 Land Value $35,000 Improvement Value $62,500 Tax Amount $1,885.48 Change Rate +0.183707% Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $81,900 Land Value $30,000 Improvement Value $51,900 Tax Amount $1,592.86 Change Rate Assessed CR Tax Rate +0.019449%
Year 2013 Assessed Value $81,900 Land Value $30,000 Improvement Value $51,900 Tax Amount Change Rate Assessed CR Tax Rate