A hidden gem tucked away in the heart of Northeast Lincoln. This 3+1 bed, 2 bath ranch has so much to offer! The kitchen has an abundance of storage with cabinets in the island and a built-it Lazy Susan pantry. Plenty of space to relax or entertain with big living and families room and a bonus screened in covered patio area right out back! The garage is a perfect spot for any hobbyist or anyone needing more storage with the tandem deep garage that has a workshop area attached. Come see what all 431 Terrace has to offer today!
For sale
$305,000
431 Terrace Rd, Lincoln, NE 68505
3beds
1,488sqft
Single Family Residence
Built in 1960
7,405 Square Feet Lot
$300,000 Zestimate®
$205/sqft
$-- HOA
What's special
- 2 days |
- 208 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jake Duren 402-480-1656,
Nebraska Realty
Source: GPRMLS,MLS#: 22619391
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Basement
- Area: 988
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Humidifier
Features
- Pantry
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
- Finished area above ground: 988
- Finished area below ground: 500
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Enclosed Patio
- Fencing: Chain Link,Wood
Lot
- Size: 7,405 Square Feet
- Dimensions: 68 x 127
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1722405019000
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Meadowlane
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $260,100
- Annual tax amount: $3,342
- Date on market: 7/9/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Estimated market value
$300,000
$285,000 - $315,000
$1,954/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $305,000+69.9%$205/sqft |
Source:  GPRMLS #22619391 Report a problem | ||
| 6/8/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2026 | Listed for rent | $1,800+5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/2/2023 | Price change | $1,700-9.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Listed for rent | $1,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2020 | Sold | $179,500+0.8%$121/sqft |
Source: GPRMLS #22000137 Report a problem | ||
| 1/2/2020 | Listed for sale | $178,000+32.8%$120/sqft |
Source: HOME Real Estate #22000137 Report a problem | ||
| 7/18/2006 | Sold | $134,000+48.9%$90/sqft |
Source: Public Record Report a problem | ||
| 5/3/1999 | Sold | $90,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,342 +3.5% | $260,100 +12.6% |
| 2024 | $3,228 -11.2% | $230,900 +6.5% |
| 2023 | $3,635 +1.3% | $216,900 +20.2% |
| 2022 | $3,587 -0.2% | $180,400 |
| 2021 | $3,595 +30.6% | $180,400 +25.2% |
| 2020 | $2,753 -5.2% | $144,100 |
| 2019 | $2,904 +2.4% | $144,100 +1.9% |
| 2018 | $2,836 +4.5% | $141,400 |
| 2017 | $2,714 +8.3% | $141,400 +9.9% |
| 2016 | $2,506 | $128,700 |
| 2015 | $2,506 +0.7% | $128,700 +2.5% |
| 2014 | $2,489 +1.9% | $125,600 |
| 2013 | $2,443 | $125,600 |
| 2012 | -- | $125,600 +2.4% |
| 2011 | -- | $122,700 |
| 2010 | -- | $122,700 |
| 2009 | -- | $122,700 +1.8% |
| 2008 | -- | $120,539 |
| 2007 | -- | $120,539 |
| 2006 | -- | $120,539 |
| 2005 | $2,293 +3.1% | -- |
| 2004 | $2,223 | -- |
| 2003 | $2,223 +12.8% | -- |
| 2002 | $1,972 +1% | -- |
| 2001 | $1,953 +7.3% | -- |
| 2000 | $1,819 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Meadowlane
Nearby schools
GreatSchools rating
- 5/10Meadow Lane Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10C Culler Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Lincoln East High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Meadow Lane
- Middle: Culler
- High: Lincoln East
- District: Lincoln Public Schools
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $245,0003 bd2 ba1.7k sqft501 Terrace Rd, Lincoln, NE 68505Sold
- $223,6002 bd1 ba800 sqft421 Terrace Rd, Lincoln, NE 68505Off Market
- $272,0004 bd2 ba988 sqft509 Terrace Rd, Lincoln, NE 68505Off Market
- $264,0003 bd2 ba1.2k sqft411 Terrace Rd, Lincoln, NE 68505Off Market
- $285,0003 bd2 ba1.8k sqft440 Indian Rd, Lincoln, NE 68505Off Market
- $279,5003 bd2 ba1.8k sqft500 Indian Rd, Lincoln, NE 68505Off Market
- $306,5003 bd1 ba1.2k sqft7900 Reno Rd, Lincoln, NE 68505Off Market
- $241,6003 bd1 ba1k sqft510 Indian Rd, Lincoln, NE 68505Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $289,9994 bd2 ba1.7k sqft840 N 58th St, Lincoln, NE 68505For Sale
MLS ID #22618993, Jamar Hudson, Coldwell Banker NHS R E. GPRMLS - $315,0004 bd2 ba2k sqft431 W Broadview Dr, Lincoln, NE 68505For Sale
MLS ID #22617133, Wade Bartels, SimpliCity Real Estate. GPRMLS - $300,0004 bd2 ba1.9k sqft1940 E Bermuda Dr, Lincoln, NE 68506For Sale
MLS ID #22619235, Karey McCauley, REMAX Concepts. GPRMLS - $349,9004 bd3 ba1.6k sqft8311 South St, Lincoln, NE 68506For Sale
MLS ID #22618569, Karen Shanks, Woods Bros Realty. GPRMLS - $274,9004 bd3 ba2.2k sqft5842 Cleveland Ave, Lincoln, NE 68507For SaleMLS ID #22618415, Alysha Dupsky, Woods Bros Realty. GPRMLS
- $299,9003 bd2 ba2k sqft3001 S 52nd St, Lincoln, NE 68506For SaleMLS ID #22618340, Mauricio Martinez Eusse, REMAX Concepts. GPRMLS
- $350,0003 bd2 ba2k sqft2321 Ammon Ave, Lincoln, NE 68507For Sale By Owner
- $315,0003 bd2 ba1.3k sqft4310 Mohawk St, Lincoln, NE 68510For Sale By Owner
- $269,9004 bd2 ba1.7k sqft7011 Orchard St, Lincoln, NE 68505For SaleMLS ID #22617162, Randy Ralston, Nebraska Realty. GPRMLS
- $318,0003 bd3 ba2.1k sqft8420 Peregrine Ct, Lincoln, NE 68505For SaleMLS ID #22618910, Shawn Kliewer, BHHS Ambassador Real Estate. GPRMLS
- $269,9003 bd2 ba1.7k sqft8340 Chestnut Ln, Lincoln, NE 68510For SaleMLS ID #22618277, Jared Sveen, SimpliCity Real Estate. GPRMLS
- $349,9003 bd3 ba1.9k sqft1743 Oakdale Ave, Lincoln, NE 68506For SaleMLS ID #22619047, Joe Courtney, Keller Williams Lincoln. GPRMLS
- $254,0003 bd2 ba1.6k sqft3625 W St, Lincoln, NE 68503For SaleMLS ID #22618894, Tyler Reynolds, Woods Bros Realty. GPRMLS
- $265,0004 bd2 ba2k sqft729 E Eldora Ln, Lincoln, NE 68505For SaleMLS ID #22614393, Elizabeth Scholz, Nebraska Realty. GPRMLS
- $275,0003 bd2 ba1.5k sqft7127 Englewood Dr, Lincoln, NE 68510For SaleMLS ID #22617584, Shannon Williams, HOME Real Estate. GPRMLS
- $271,0003 bd1 ba1.1k sqft4040 Y St, Lincoln, NE 68503For Sale By Owner
- $284,9993 bd2 ba1.8k sqft1900 N 64th St, Lincoln, NE 68505For SaleMLS ID #22611501, Talli Kratochvil, Nebraska Realty. GPRMLS
- $299,9003 bd2 ba1.8k sqft417 S Cotner Blvd, Lincoln, NE 68510For SaleMLS ID #22617609, Jess Hustad, BancWise Realty. GPRMLS
- $265,0003 bd2 ba1.3k sqft6420 Lexington Ave, Lincoln, NE 68505For SaleMLS ID #22617842, Brock Owens, Nebraska Realty. GPRMLS
- $260,0002 bd2 ba1.6k sqft5411 Knox St, Lincoln, NE 68504For SaleMLS ID #22619619, Scott Oehm, Nebraska Realty. GPRMLS
- Nebraska
- Lancaster County
- Lincoln
- 68505
- Meadowlane
- 431 Terrace Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lincoln Topics
