10 days on rocket

5131 S 54th St, Lincoln, NE, 68516

$350,000

Home List Price

$4,156*

Closing Credit

4 Bedrooms
3 Baths
2,078 SqFt
$168/SqFt
House

Location

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5131 S 54th St, Lincoln$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year Built1972
HeatingForced Air, Electric, Natural Gas
CoolingCentral Air
BasementYes
MLS #22431274
Lot Size0.13 Acres
StatusActive
(ACTIVE)

About 5131 S 54th St

Location, location, location! Nestled in a popular neighborhood, you'll enjoy quick access to shopping and major roads like Highway 2, making travel a breeze. Across from a charming park and with no neighbors behind, enjoy stunning views and ultimate privacy. Plus, you're within walking distance to Zeman Elementary School. This spacious 4-bedroom, 3-bathroom home is ready for your personal touch. Featuring a primary bedroom with an en-suite bath, 3 additional bedrooms, a cozy sunken dining room, basement has a non-conforming bedroom, bathroom, and utility room. Updates include remodeled bathrooms, newer carpet, fresh flooring, a 2017 roof, and a 2012 furnace and AC. The 2-car garage offers plenty of space for your vehicles or workshop! The seller is offering a $1500 credit for painting or appliances. Some photos are virtually staged. Won't last long —schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level
  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,078 SqFt

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (402) 770-2914
  • Listing Agent: Ashley L. Milner

Interior Features

Interior Information:

  • Appliances: Refrigerator, Washer, Dishwasher, Dryer, Disposal
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan, Formal Dining Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Zero Step Entry

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head west on NE-2 toward S 56th St. Turn right (north) onto S 56th St. Continue on S 56th St for approximately 0.5 miles. Turn left (west) onto Elkcrest Dr. Take first left onto S 54th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $168/SqFt

HOA Fees:

  • Amount: $11
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,745
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lincoln, NE.

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Lincoln, NE

City

Med. Sold Price

$299.9K

Med. Price/SqFt

$160

Avg. Days On Market

26

# of Sold Homes

298

5131 S 54th St vs Lincoln

10 DAYS ON ROCKET

-16 Days

$350,000

+$50K More

$168/SqFt

+$7 More

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $7/SqFt more than other homes in Lincoln, NE.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #22431274

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (402) 770-2914
  • Listing Agent: Ashley L. Milner

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2019Home Sold
$208,000
Jul 23, 2001Home Sold
$118,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,745$196,000
2019$3,286$196,000
2018$3,316$171,200
2017$2,983$171,200

History based on county public records data.

Payment Calculator

$1,825

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2666290
6
/10

  • Zeman Elementary School

  • 4900 S 52nd St

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-2666291
4
/10

  • Calvert Elementary School

  • 3709 S 46th St

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-2666292
6
/10

  • Humann Elementary School

  • 6720 Rockwood Ln

  • 1.21 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,179. Residents of Lincoln, NE typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5131 S 54th St

What is the listing price of this property?

The listing price of 5131 S 54th St property is $350,000.

What type of property is this?

The property 5131 S 54th St is a house located in Lincoln, Nebraska, 68516.

Is this property for sale now?

Active Listing: 5131 S 54th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,745 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2019 for $208,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5131 S 54th St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5131 S 54th St is 2,078 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5131 S 54th St is 1972.

Rocket Homes›Nebraska›Lancaster County›Lincoln›68516›5131 S 54th St

This home is located at 5131 S 54th St in Lincoln, NE and zip code 68516 in the College View neighborhood. This 2,078 square foot home, which was built in 1972, sits on a 0.13 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $350,000.

Over 51 listings were sold over their listed price in December 2024 in Lincoln, NE. In the same period over 146 listings were sold below the listed price and 84 listings were sold for the listed price. The number of homes for sale in Lincoln, NE decreased by 7.8% between November 2024 and December 2024. In December 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $299,925.

From Rocket Homes Real Estate and based on county public records data.

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