Beautiful 1920's bungalow on Pepper Ave. If you love the charm of a tree lined street, and appreciate the craftmanship of a home with beautiful woodwork & wood floors, this just might be the home for you! Great front porch with a porch swing perfect for sipping tea & reading a good book. Lovely living room with fireplace, 2 bedrooms, 1 bath, good size kitchen that looks back to a beautiful backyard. Come and take a look today!
Sold for $168,500
$168,500
1940 Pepper Ave, Lincoln, NE 68502
2beds
904sqft
Single Family Residence
Built in 1923
4,356 Square Feet Lot
$174,500 Zestimate®
$186/sqft
$1,335 Estimated rent
Home value
$174,500
$161,000 - $190,000
$1,335/mo
Zestimate® history
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$1,188/mo
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List your homeWhat's special
Beautiful backyardTree lined streetGood size kitchenWood floorsBeautiful woodwork
Zillow last checked:
Listing updated:
Listed by:
Kathy Asboe 402-499-3314,
REMAX Concepts
Bought with:
Nelda Hunt, 770274
HOME Real Estate
Source: GPRMLS,MLS#: 22527903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 2
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Dining room
- Area: 150
- Dimensions: 15 x 10
Kitchen
- Area: 143
- Dimensions: 11 x 13
Living room
- Area: 156
- Dimensions: 12 x 13
Basement
- Area: 904
Heating
- Natural Gas, Hot Water
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Washer, Dryer
Features
- Formal Dining Room
- Flooring: Wood
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 904
- Total interior livable area: 904 sqft
- Finished area above ground: 904
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Door Opener
- Garage spaces: 1
Features
- Patio & porch: Porch
- Fencing: Partial
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 87
- Features: Up to 1/4 Acre., City Lot
Details
- Parcel number: 1036236006000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Bungalow
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: Franklin Heights
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $147,400
- Annual tax amount: $140
- Date on market: 9/29/2025
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $168,500-2%$186/sqft |
Source:  GPRMLS #22527903 Report a problem | ||
| 10/12/2025 | Pending sale | $171,900$190/sqft |
Source: GPRMLS #22527903 Report a problem | ||
| 9/29/2025 | Listed for sale | $171,900+107.1%$190/sqft |
Source: GPRMLS #22527903 Report a problem | ||
| 9/20/2001 | Sold | $83,000+7.8%$92/sqft |
Source: Public Record Report a problem | ||
| 6/12/2000 | Sold | $77,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $140 | $147,400 +1.7% |
| 2024 | -- | $145,000 |
| 2023 | -- | $145,000 +22.6% |
| 2022 | $2,352 -0.2% | $118,300 |
| 2021 | $2,358 +28.4% | $118,300 +23.1% |
| 2020 | $1,836 -5.2% | $96,100 |
| 2019 | $1,937 -5.4% | $96,100 -5.9% |
| 2018 | $2,048 +4.5% | $102,100 |
| 2017 | $1,960 +25.8% | $102,100 +27.6% |
| 2016 | $1,558 | $80,000 |
| 2015 | $1,558 +0.7% | $80,000 -16.2% |
| 2014 | $1,547 -16.7% | $95,500 |
| 2013 | $1,857 | $95,500 |
| 2012 | -- | $95,500 +6.1% |
| 2011 | -- | $90,000 |
| 2010 | -- | $90,000 |
| 2009 | -- | $90,000 -2.6% |
| 2008 | -- | $92,406 |
| 2007 | -- | $92,406 |
| 2006 | -- | $92,406 |
| 2005 | $1,635 +1.3% | -- |
| 2004 | $1,614 | -- |
| 2003 | $1,614 +20% | -- |
| 2002 | $1,345 +1% | -- |
| 2001 | $1,332 +7.3% | -- |
| 2000 | $1,241 | -- |
Find assessor info on the county website
Neighborhood: Near South
Nearby homes
- $188,4002 bd2 ba828 sqft2000 Pepper Ave, Lincoln, NE 68502Off Market
- $198,4003 bd1 ba1.1k sqft1934 Pepper Ave, Lincoln, NE 68502Off Market
- $239,1004 bd2 ba1.8k sqft2042-2044 Pepper Ave, Lincoln, NE 68502Off Market
- $142,0002 bd1 ba846 sqft1945 S 27th St, Lincoln, NE 68502Off Market
- $161,9002 bd1 ba838 sqft2010 Pepper Ave, Lincoln, NE 68502Off Market
- $146,1002 bd1 ba923 sqft2001 S 27th St, Lincoln, NE 68502Off Market
- $179,7002 bd1 ba1.1k sqft1926 Pepper Ave, Lincoln, NE 68502Off Market
- $159,6002 bd1 ba1k sqft1935 S 27th St, Lincoln, NE 68502Off Market
Nearby schools
GreatSchools rating
- 4/10Prescott Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Irving Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Prescott
- Middle: Irving
- High: Lincoln High
- 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.
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- Nebraska
- Lancaster County
- Lincoln
- 68502
- Near South
- 1940 Pepper Ave
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