Sold for $200,000

Tax assessed value

$200,000

7148 Lexington Ave, Lincoln, NE 68505

4beds

1,540sqft

Single Family Residence

Built in 1964

9,147 Square Feet Lot

$211,900 Zestimate^®

$130/sqft

$1,795 Estimated rent

Home value

$211,900

$193,000 - $233,000

$1,795/mo

Zestimate^® history

Owner options

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$1,795/mo

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$1,795/mo

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$1,403/mo

Est. payment

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$1,403/mo

Est. payment

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What's special

This 4 bedroom, 2 bathroom, 1,540 st ft all brick ranch home in the Meadowlane area is being sold "as is" for $34,000 under the Lancaster County Tax Assessed value. It has had the same owners for 50 years, and it could use a little updating. First floor has a nice living room, ample kitchen and dining area and 3 bedrooms and a full bathroom. Basement has a large family room, large laundry area, ¾ bathroom and a 4th bedroom. Attached garage, large shed out back and a nice flat backyard rounds out the livability of this home. Great bones, well maintained and looking for it's next owner for the next 50 years. Priced at $199,900, you won't find anything like it for under $200,000.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Area: 143
Dimensions: 13 x 11

Bedroom 2

Level: Main
Area: 120
Dimensions: 12 x 10

Bedroom 3

Level: Main
Area: 100
Dimensions: 10 x 10

Bedroom 4

Level: Basement
Area: 120
Dimensions: 12 x 10

Family room

Level: Basement
Area: 456
Dimensions: 38 x 12

Kitchen

Level: Main
Area: 63
Dimensions: 9 x 7

Living room

Level: Main
Area: 204
Dimensions: 17 x 12

Basement

Area: 1040

Heating

Natural Gas, Electric, Forced Air

Cooling

Central Air

Appliances

Included: Range, Refrigerator, Washer, Dishwasher, Dryer, Microwave

Features

Flooring: Wood, Other, Vinyl, Carpet, Concrete
Basement: Other Window,Finished
Has fireplace: No

Interior area

Total structure area: 1,540
Total interior livable area: 1,540 sqft
Finished area above ground: 1,040
Finished area below ground: 500

Property

Parking

Total spaces: 1
Parking features: Attached, Extra Parking Slab, Garage Door Opener
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Patio & porch: Patio
Fencing: Chain Link,Full

Lot

Size: 9,147 Square Feet
Dimensions: 61 x 150 appro x
Features: Up to 1/4 Acre., Subdivided, Public Sidewalk, Curb Cut, Curb and Gutter, Level, Paved

Details

Additional structures: Shed(s)
Parcel number: 1715314006000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,Traditional
Property subtype: Single Family Residence

Materials

Brick
Foundation: Concrete Perimeter
Roof: Composition

Condition

Not New and NOT a Model
New construction: No
Year built: 1964

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

Community & HOA

Community

Subdivision: Rosemont

HOA

Has HOA: No

Location

Region: Lincoln

Financial & listing details

Price per square foot: $130/sqft
Tax assessed value: $200,000
Annual tax amount: $2,806
Date on market: 3/19/2025
Listing terms: VA Loan,FHA,Conventional,Cash
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
8/11/2025	Listing removed	$1,600$1/sqft
Source: Zillow Rentals Report a problem
8/9/2025	Listed for rent	$1,600$1/sqft
Source: Zillow Rentals Report a problem
4/1/2025	Sold	$200,000+0.1%$130/sqft
Source: GPRMLS #22506752 Report a problem
3/20/2025	Pending sale	$199,900$130/sqft
Source: GPRMLS #22506752 Report a problem
3/19/2025	Listed for sale	$199,900$130/sqft
Source: GPRMLS #22506752 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,570 -8.4%	$200,000 -1.5%
2024	$2,807 -17.5%	$203,100
2023	$3,404 +5.4%	$203,100 +25.1%
2022	$3,229 -0.2%	$162,400
2021	$3,237 +17.5%	$162,400 +12.6%
2020	$2,755 -5.2%	$144,200
2019	$2,906 +14.9%	$144,200 +14.4%
2018	$2,530 +4.5%	$126,100
2017	$2,420 +5.3%	$126,100 +6.9%
2016	$2,298	$118,000
2015	$2,298 +0.7%	$118,000 +4.3%
2014	$2,282 +3.7%	$113,100
2013	$2,200	$113,100
2012	--	$113,100 +13%
2011	--	$100,100
2010	--	$100,100
2009	--	$100,100 -5.7%
2008	--	$106,204
2007	--	$106,204
2006	--	$106,204
2005	$2,028	--
2004	--	--
2003	--	--
2002	$1,847 +1%	--
2001	$1,829 +7.3%	--
2000	$1,704	--