$200,000
$10K PRICE DROP

509 NW 16th St Unit 5 Lincoln, NE 68528

Estimated payment $1,459/month

Total Views 83,886
2 Beds
2 Baths
1,504 Sq Ft
$133 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

Excellent Location and Updating in this Attractive 2-Story Condo near Capital Beach Lake! This 2-Bed, 2-Bath home has had many recent improvements and updates such as luxury vinyl flooring, refinished natural wood floors, new carpet on the stairs, new wall, trim, and ceiling paint throughout the home and garage, new bathroom vanity sets, toilets, and showers. The home features a first floor with a kitchen updated with painted cabinets, new sink and countertops, and stainless steel appliances. The kitchen opens to the dining area, living room with brick fireplace and sliding glass door access to the exterior patio, and bathroom. The upstairs has two bedrooms and a full bathroom. This home also has a laundry area. Exterior features include 3 year old roof, 1-stall attached garage, and cement patio. HOA at $200/mo covers lawn care, sprinklers and exterior water, snow removal, and trash. Call today to schedule a showing!

Listing Agent

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-770-5021 License #20100048 Listed on: 04/19/2025

Keller Williams Lincoln

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1976

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 21 x 45

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lakeview Elementary School
  • Park Middle School
  • Lincoln High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include ground maintenance, snow removal, trash
  • Capital Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1021434001005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,918

Year Built

Built in 1976

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Parcel Number: 1021434001005
  • Property Sub Type: Townhouse
  • Year Built: 1976
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 21 x 45
  • Ownership: Condominium
  • Subdivision Name: Capital Beach
  • Directions: Consult GPS
  • Above Grade Finished Sq Ft: 1504
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Attribution Contact: M: 402-770-5021
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1504
  • Main Level Bathrooms: 1
  • Master Bedroom Master Bedroom Level: 2nd Floor

Exterior Features

  • Foundation Details: Slab
  • Fencing: None
  • Patio And Porch Features: Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Schools

  • High School: Lincoln High
  • Elementary School: Lakeview
  • Junior High Dist: Lincoln Public Schools
  • Middle Or Junior School: Park

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: Up to 1/4 Acre.

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1918.32

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,918 $138,800 $25,000 $113,800
2023 $2,326 $138,800 $25,000 $113,800
2022 $2,101 $105,400 $25,000 $80,400
2021 $2,449 $129,900 $25,000 $104,900
2020 $1,867 $97,700 $25,000 $72,700
2019 $1,867 $97,700 $25,000 $72,700
2018 $1,785 $93,000 $20,000 $73,000
2017 $1,802 $93,000 $20,000 $73,000
2016 $1,499 $77,000 $20,000 $57,000
2015 $1,489 $77,000 $20,000 $57,000
2014 $1,570 $80,700 $20,000 $60,700
2013 -- $80,700 $20,000 $60,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $200,000 -4.8% $133 / Sq Ft
04/19/2025 04/19/25 For Sale $210,000 -- $140 / Sq Ft
Source: Great Plains Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $110,000 Homeservices Title
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,875,000 Credit Line Revolving
Closed $88,000 Future Advance Clause Open End Mortgage
Previous Owner $64,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Derek Kats

Keller Williams Lincoln

(402) 824-2281

Section Image

Derek has been ranked in the Wall Street Journal as a TOP-100 REALTOR in the USA, ranked as the #1 Keller Williams Agent in the Heartland Region, and is a paid real estate mentor to many Realtors and Investors nationwide. On a local level, Derek has been ranked as the #1 Realtor for Closed Sales (Units Sold), #1 Ranked Sellers Agent Realtor (Listings Closed), and the #1 Ranked Buyers Agent Realtor in the capital city of Lincoln, Nebraska.

In his career, Derek has already sold 1100+

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Source: Great Plains Regional MLS

MLS Number: 22510354

Great Plains Regional MLS

APN: 10-21-434-001-005