This unique Penrose Cottage combines the quality and design you would expect with Fallbrook. The home boasts an open floor plan with vaulted ceilings in the living room, quartz counter tops in the kitchen and a spacious first floor primary suite with a walk-in tiled shower and laundry area. 2 additional bedrooms can be found upstairs. The basement includes a large family room and powder bath. Outside you will find a porch to relax on. This home is in the townhome association so leave the lawn care and snow removal up to the, and enjoy life in Lincolns most unique community!
New construction
$500,000
735 Penrose Dr, Lincoln, NE 68521
3beds
2,145sqft
Single Family Residence
Built in 2024
6,098 Square Feet Lot
$-- Zestimate®
$233/sqft
$217/mo HOA
What's special
Laundry area
- 263 days |
- 121 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Jodi Reimers 402-984-0169,
Woods Bros Realty,
Holly Buss 402-217-0692,
Woods Bros Realty
Source: GPRMLS,MLS#: 22530510
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Bedroom 2
- Level: Second
- Area: 105
- Dimensions: 10 x 10.5
Bedroom 3
- Level: Second
- Area: 105
- Dimensions: 10 x 10.5
Primary bathroom
- Features: 3/4
Family room
- Level: Basement
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Living room
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Basement
- Area: 705
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Dishwasher, Disposal, Microwave
Features
- Basement: Daylight,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
- Finished area above ground: 1,665
- Finished area below ground: 480
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Patio & porch: Porch
- Exterior features: Sprinkler System
- Fencing: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 39.46 x 126.93 x 53.62 x 133.14
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1234107006000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Details
- Builder name: Blake Builder
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fallbrook
HOA
- Has HOA: Yes
- Amenities included: Playground
- Services included: Maintenance Grounds, Snow Removal, Common Area Maintenance
- HOA fee: $2,605 annually
- HOA name: Fallbrook
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $446,700
- Annual tax amount: $5,739
- Date on market: 10/23/2025
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2024 | Price change | $500,000+2%$233/sqft |
Source:  GPRMLS #22223490 Report a problem | ||
| 5/8/2023 | Price change | $490,000+1%$228/sqft |
Source: GPRMLS #22223490 Report a problem | ||
| 9/29/2022 | Price change | $485,000+1219.7%$226/sqft |
Source: GPRMLS #22223490 Report a problem | ||
| 3/3/2021 | Price change | $36,750+5%$17/sqft |
Source: GPRMLS #22026330 Report a problem | ||
| 2/17/2021 | Listed for sale | $35,000$16/sqft |
Source: GPRMLS #22026330 Report a problem | ||
| 1/25/2021 | Pending sale | $35,000$16/sqft |
Source: GPRMLS #22026330 Report a problem | ||
| 10/20/2020 | Listed for sale | $35,000-14.6%$16/sqft |
Source: Woods Bros Realty #22026330 Report a problem | ||
| 3/14/2016 | Sold | $41,000-39.7%$19/sqft |
Source: Agent Provided Report a problem | ||
| 5/8/2014 | Sold | $68,000$32/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,740 +6.1% | $446,700 +24.3% |
| 2024 | $5,408 +68% | $359,300 +87% |
| 2023 | $3,220 +439.7% | $192,100 +540.3% |
| 2022 | $597 -0.2% | $30,000 |
| 2021 | $598 +4.7% | $30,000 |
| 2020 | $571 -4.2% | $30,000 |
| 2019 | $596 +0.5% | $30,000 |
| 2018 | $594 +4.6% | $30,000 |
| 2017 | $568 +3.6% | $30,000 +7.9% |
| 2016 | $548 | $27,800 |
| 2015 | $548 -0.4% | $27,800 -24.9% |
| 2014 | $550 -25% | $37,000 |
| 2013 | $733 | $37,000 |
| 2012 | -- | $37,000 |
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.Climate risks
Neighborhood: 68521
Nearby schools
GreatSchools rating
- 5/10Kooser Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Schoo Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10North Star High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Kooser
- Middle: Schoo
- High: Lincoln North Star
- 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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