623 S 18th St, Lincoln, NE 68508

Studio-- baths16,645 sqft Edit

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Sold: $490,000
Sold on 02/01/13
Zestimate®: $697,852
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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30 plex with one bedroom/one bath units. Heating and cooling paid by owner. Some tenants paying special monthly surcharge for shared heating and cooling costs. Other income includes Application fees, forfeited deposits, late fees, pet fees, and utility reimbursement. Net operating income is calculated with no management fees and no building insurance. New Roof installed in 2011. New Boiler installed 2012. Rent ranges $319 to $359.

Facts

  • Lot: 0.34 acres
  • Single Family
  • Built in 1973
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Feb 2013 for $490,000
  • Price/sqft: $29

Features

  • Parking: 20 spaces

      Appliances Included

      • Dryer
      • Washer

      Room Types

      • Laundry room

      Construction

      • Exterior material: Wood
      • Roof type: Other
      • # Stories: 2.0
      • Unit count: 30

      Other

      • Floor size: 16,645 sqft
      • Laundry: In Unit
      • Lot depth: 150
      • Lot width: 99
      • Parcel #: 1025133028000
      • Zillow Home ID: 6574211

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $697,852
      -$5,161 Last 30 days
      $586K
      $733K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $619/mo
      +$17 Last 30 days
      $421
      $1K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

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      Neighborhood

      Market guide

      Zillow predicts Downtown home values will increase 5.9% next year, compared to a 3.6% rise for Lincoln as a whole. Among Downtown homes, this home is valued 464.6% more than the midpoint (median) home, but is valued 80% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Downtown, the number of foreclosures waiting to be sold is 7.7% lower than in Lincoln, and 35.1% lower than the national average. This lower local number could help Downtown home values rise more quickly than other regions in Lincoln.

      Learn more about forecast calculations or Downtown home values.
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        Nearby Schools in Lincoln

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org