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5000 Trotter Circle

5000 Trotter Circle, Lincoln, NE 68516
Property in Lancaster
Sold Aug 24, 2021
$950,000
$548,250 by Cornhusker Bank
Mortgage Due Sep 01, 2051
5000 Trotter Circle has been categorized by the local assessors in Lincoln, NE as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5000 Trotter Circle has 5,823 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 3,823 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 129,286 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,576 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of wood shake/ shingles. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5000 Trotter Circle sold most recently in Aug 19, 2021 for a total of $950,000. If you work out the math, that's approximately a cost of $103.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,903 in taxes each year. 5000 Trotter Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,091,900. If we break it down further, the land itself was valued at $230,600. Improvements to the property, however, were assessed at a total of $861,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 3,823
  • Garage Type: Attached
  • Garage Square Area: 1,576
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 129,286
  • Total Building Area: 9,222
  • Gross Building Area: 9,222
  • Building Area: 5,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY ACRES FIRST ADDITION
  • Land Acres: 2.968
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY ACRES FIRST ADDITION, LOT 1

Ownership

  • Current Owner : TROST BRYAN M
  • Current Owner 2: TROST AMANDA J
  • Previous Owner : FIRST NATIONAL BANK OF OMAHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Norris School District 160
  • Census Tract: 003715

Zoning

  • Zoning: AG

Geography

  • Parcel: 16-20-405-001-000
  • Lot: 1
  • Latitude: 40.7312
  • Longitude: -96.6519

    Address

  • Full Address: 5000 Trotter Cir
  • Address - House Number: 5000
  • Address - Street Name: Trotter
  • Address - Suffix Type: Cir
  • State: NE
  • City Name: Lincoln
  • Carrier Code: R009
  • 4-Digit Zip Code: 3420
  • Zip Code: 68516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,903
  • Tax Rate Code Area: 0159

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 82
  • Final Value: 1,008,044
  • High Value: 1,156,091
  • Low Value: 859,998

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $855,000
  • First Open Lien Mortgage Lender: CORNHUSKER BANK
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: CORNHUSKER BANK
  • Second Open Lien Mortgage Recording Date: Aug 24, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $306,750
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,091,900
  • Market Land Value: $230,600
  • Market Improvement Value: $861,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,091,900
  • Assessed Land Value: $230,600
  • Assessed Improvements Value: $861,300

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11850596695
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021050834

    Last Sale Mortgage

  • First Mortgage Lender: CORNHUSKER BANK
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Lancaster



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Frequently Asked Questions

What neighborhood is 5000 Trotter Circle located in?
The 5000 Trotter Circle is a located in the neighborhood of Lancaster in Lancaster, Lincoln.
What is the average sales price for listings in 5000 Trotter Circle?
The average sales price for units in 5000 Trotter Circle is $0 currently.

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