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For sale
  • Price cut: $5.9K (6/16)
    $242,000

    1523 W 40th St, Kearney, NE 68845

    3beds
    3baths
    1,588sqft
    : 
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    Townhouse
    Built in 1978
    1,728 Square Feet Lot
    $237,800 Zestimate®
    $152/sqft
    $270/mo HOA

    What's special

    Vast green spaceGreat floor planBasketball courtAll-new kitchenNew hvac
    Newly remodeled condo in Fairacres. It has 2 bedrooms upstairs plus a non-conforming room in the basement that it 15x14. This home is truly turn-key and ready to move in with all-new kitchen, bathrooms, windows, flooring, paint, new HVAC and some plumbing & electrical. Great floor plan with 2 bedrooms and 1 full bathroom on the upper level, kitchen living/dining and half bathroom on the main, and a half bath, laundry room, storage room, and bonus room in the basement that can be a craft room, office, toy room, you name it! Enjoy access to the outdoor swimming pool, vast green space, and basketball court. Truly a unique opportunity to own a fresh, updated home with amenities! HOA also includes lawn care, snow removal, exterior insurance, and water.
    95 days
    |
    597
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Coleman,

    SRS & Company

    Source: REALTORS of Greater Mid-Nebraska MLS,MLS#: 20260516

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Main level bathrooms: 1
      Rooms
      • Room types: Master Bathroom, Bonus Room
      Dining room
      • Features: Living/Dining Combination, Vinyl
      Kitchen
      • Features: Pantry, Vinyl
      Living room
      • Features: Fireplace, Sliding Glass Door, Vinyl
      Basement
      • Area: 544
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Dishwasher, Disposal, Refrigerator, Microwave
      • Laundry: In Basement
      Features
      • Mstr Bath, Bonus Room
      • Basement: Full,Finished
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 1,616
      • Total interior livable area: 1,588 sqft
      • Finished area above ground: 1,072
      • Finished area below ground: 544

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage Door Opener
      • Attached garage spaces: 1
      Features
      • Levels: Two
      • Patio & porch: Deck
      • Waterfront features: None
      Lot
      • Size: 1,728 Square Feet
      • Dimensions: 16x108
      • Features: Landscaping: Good
      Details
      • Additional structures: None
      • Parcel number: 606335305
      • Zoning: SFR

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Frame, Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: NE
      HOA
      • Has HOA: Yes
      • HOA fee: $270 monthly
      Location
      • Region: Kearney

      Financial & listing details

      • Price per square foot: $152/sqft
      • Tax assessed value: $161,195
      • Annual tax amount: $2,071
      • Price range: $242K - $242K
      • Date on market: 4/11/2026
      • Cumulative days on market: 98 days
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $237,800

        $226,000 - $250,000

        $1,730/mo

        Price history

        DateEventPrice
        6/16/2026Price change$242,000-2.4%$152/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20260516 Report a problem
        5/8/2026Price change$247,900-1.6%$156/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20260516 Report a problem
        4/11/2026Listed for sale$252,000+71.4%$159/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20260516 Report a problem
        9/3/2025Sold$147,000-7.5%$93/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20251007 Report a problem
        8/23/2025Pending sale$159,000$100/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20251007 Report a problem
        8/8/2025Listed for sale$159,000$100/sqft
        Source: REALTORS of Greater Mid-Nebraska MLS #20251007 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,680 +1.5%$161,195 +4.7%
        2024$2,640 -0.5%$153,985 -1.2%
        2023$2,653 +5.1%$155,890 +8.3%
        2022$2,525 +6.4%$143,885 +4.5%
        2021$2,374 -5.2%$137,625 +0.7%
        2020$2,503 +7.5%$136,610 +6.4%
        2018$2,328 +5.7%$128,425 +5.2%
        2017$2,201 +5.1%$122,125 +0%
        2016$2,094 +0.8%$122,110 +0.3%
        2015$2,076 -2%$121,795 +34.4%
        2014$2,119 $90,625
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 68845

        Getting around

        14 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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