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5530 Locust St; Lincoln, NE Property Details

5530 Locust St, Lincoln, NE is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 5530 Locust St has 3 bedrooms, and 2 bathrooms, and a total of 1,734 square feet. The lot size of 5530 Locust St is 6,849 square feet.

Off market
5530 Locust St Lincoln, NE 68516
$251,000 Estimated Value
3 Beds
2 Baths
1,734 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $119,000
  • Est. Equity / %: $258,000 / 100%
  • Gross Yield: 10.819%
  • APN: 16-08-204-017-000
  • Situs County: Lancaster
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 1,734/SqFt
  • Lot: 6,849/SqFt
  • Gross: 2,241/SqFt
  • Garage: 273/SqFt
  • Living: 1,734/SqFt
  • Basement: 984/SqFt
  • Building: 2,241/SqFt
  • Ground: 984/SqFt
  • Basement Finished: 750/SqFt
  • Basement Unfinished: 234/SqFt
  • Price Per Square Foot: $68.63

Legal Description

  • Description: WOODS AND KELLYS ORIGINAL PLAT ADDITION TO COLLEGE VIEW, BLOCK 1, LOT 21, E20 & LOT 22 W34.5
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: 40.769035 / -96.64493
  • Subdivision: Woods And Kellys Original Plat Addition
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: R1-01

Amenities

  • Plus Four: 1328
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5530 Locust St has no associated ownership info
5530 Locust St has no associated ownership info.

Taxes

5530 Locust St has 10 associated Taxes items

5530 Locust 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 $251,000. The APN we've located for 5530 Locust St is 16-08-204-017-000.

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Taxes
  • Assessed Value:  $251,000
  • Assessed Year:  2025
  • Assessed County:  Lancaster
  • APN:  16-08-204-017-000
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Tax Amount:  3147.62
  • Tax Year:  2024
  • Market Value:  251000
  • Market Year:  2025

Tax History

5530 Locust St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $251,000 Land Value $55,000 Improvement Value $196,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $225,700 Land Value $50,000 Improvement Value $175,700 Tax Amount $3,147.62 Change Rate -0.126486% Assessed CR Tax Rate +0.013946%
Year 2023 Assessed Value $215,000 Land Value $50,000 Improvement Value $165,000 Tax Amount $3,603.4 Change Rate +0.139696% Assessed CR Tax Rate +0.01676%
Year 2022 Assessed Value $168,000 Land Value $40,000 Improvement Value $128,000 Tax Amount $3,161.72 Change Rate -0.065083% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $168,000 Land Value $40,000 Improvement Value $128,000 Tax Amount $3,381.82 Change Rate +0.18863% Assessed CR Tax Rate +0.02013%
Year 2020 Assessed Value $148,900 Land Value $40,000 Improvement Value $108,900 Tax Amount $2,845.14 Change Rate -0.000105% Assessed CR Tax Rate +0.019108%
Year 2019 Assessed Value $148,900 Land Value $40,000 Improvement Value $108,900 Tax Amount $2,845.44 Change Rate +0.086834% Assessed CR Tax Rate +0.01911%
Year 2018 Assessed Value $136,400 Land Value $40,000 Improvement Value $96,400 Tax Amount $2,618.1 Change Rate -0.009151% Assessed CR Tax Rate +0.019194%
Year 2017 Assessed Value $136,400 Land Value $40,000 Improvement Value $96,400 Tax Amount $2,642.28 Change Rate +0.085571% Assessed CR Tax Rate +0.019372%
Year 2016 Assessed Value $125,000 Land Value $35,000 Improvement Value $90,000 Tax Amount $2,434 Change Rate +0.006917% Assessed CR Tax Rate +0.019472%
Year 2015 Assessed Value $125,000 Land Value $35,000 Improvement Value $90,000 Tax Amount $2,417.28 Change Rate Assessed CR Tax Rate +0.019338%
Year 2014 Assessed Value $118,700 Land Value $35,000 Improvement Value $83,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $118,700 Land Value $35,000 Improvement Value $83,700 Tax Amount Change Rate Assessed CR Tax Rate