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Sold for $130,000
    • $130,000

    3423 S 40th St, Lincoln, NE 68506

    2beds
    1,389sqft
    Single Family Residence
    Built in 1948
    7,405 Square Feet Lot
    $130,100 Zestimate®
    $94/sqft
    $1,454 Estimated rent

    Home value

    $130,100

    $124,000 - $137,000

    $1,454/mo

    Zestimate® history
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    $1,454/mo

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    $702/mo

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    $702/mo

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    What's special

    Limestone ranch
    Here it is! The MOST AFFORDABLE single family home for sale in Lincoln. Situated just south of Sheridan Blvd this limestone ranch is ready for remodel. The main floor features 2 bedrooms, 1 bathroom and just shy of 1000 sq foot. Downstairs in your partially finished basement you have the opportunity to add a 3rd bedroom and 2nd bathroom. With an "After Repair Value" of around 275k, there is ALOT of meat on the bone with this one. Schedule your showing on this opportunity before you miss it! Property is being sold as is!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cody Brinkman 402-525-9237,

    SimpliCity Real Estate,

    Joslyn Brinkman 402-560-6762,

    SimpliCity Real Estate

    Bought with:

    Romius Blackmon, 20220047

    BHHS Ambassador Real Estate

    Source: GPRMLS,MLS#: 22622657MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Partial bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Basement
    • Area: 989
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Egress,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,389
    • Total interior livable area: 1,389 sqft
    • Finished area above ground: 989
    • Finished area below ground: 400

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Exterior features: None
    • Fencing: Chain Link,Wood,Full
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 148
    • Features: Up to 1/4 Acre.
    Details
    • Parcel number: 1606218013000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Block
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Calvert Place
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $220,100
    • Annual tax amount: $2,828
    • Date on market: 8/7/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/24/2026Sold$130,000+36.8%$94/sqft
    Source: GPRMLS #22622657 Report a problem
    8/9/2026Pending sale$95,000$68/sqft
    Source: GPRMLS #22622657 Report a problem
    8/7/2026Listed for sale$95,000$68/sqft
    Source: GPRMLS #22622657 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,828 +1.3%$220,100 +10.6%
    2024$2,793 -8.9%$199,000 +8.7%
    2023$3,067 +19.7%$183,000 +42.1%
    2022$2,561 -0.2%$128,800
    2021$2,567 +15.9%$128,800 +11.1%
    2020$2,215 -5.2%$115,900
    2019$2,336 +23.1%$115,900 +22.5%
    2018$1,898 +4.5%$94,600
    2017$1,816 -6.8%$94,600 -5.5%
    2016$1,949 $100,100
    2015$1,949 +0.7%$100,100 +11.7%
    2014$1,936 +11.1%$89,600
    2013$1,743 $89,600
    2012-- $89,600 +4.9%
    2011-- $85,400
    2010-- $85,400
    2009-- $85,400 -15.3%
    2008-- $100,886
    2007-- $100,886
    2006-- $100,886
    2005$2,022 +1.3%--
    2004$1,996 --
    2003$1,996 +17.3%--
    2002$1,702 +1%--
    2001$1,685 +7.3%--
    2000$1,570 --
    Find assessor info on the county website

    Neighborhood: Greater South

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rousseau
    • Middle: Irving
    • High: Lincoln Southeast
    • 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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $130,100
    2% more
    +$2,602
    With Zillow Showcase(estimated)
    $132,702
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $130,100
    2% more
    +$2,602
    With Zillow Showcase(estimated)
    $132,702

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