Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$674
Per Month
Principal & Interest
$607
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$431
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Arnold Elementary School
5000 Mike Scholl St
Distance between this listing and this school1.94 miles
Public District Grades KG-5
4
/10
Lakeview Elementary School
300 Capitol Beach Blvd
Distance between this listing and this school3.05 miles
Public District Grades PK-5
4
/10
West Lincoln Elementary School
630 W Dawes Ave
Distance between this listing and this school3.29 miles
Public District Grades KG-5
Nearby Schools
4
/10
Schoo Middle School
700 Penrose Dr Ste A
Distance between this listing and this school4.59 miles
Public District Grades 6-8
4
/10
Park Middle School
855 S 8th St
Distance between this listing and this school4.73 miles
Public District Grades 6-8
5
/10
Goodrich Middle School
4600 Lewis Ave
Distance between this listing and this school4.90 miles
Public District Grades 6-8
Nearby Schools
1
/10
Lincoln High School
2229 J St
Distance between this listing and this school5.75 miles
Public District Grades 9-12
1
/10
North Star High School
5801 N 33rd St
Distance between this listing and this school6.55 miles
Public District Grades 9-12
6
/10
Malcolm Jr/Sr High School
10002 NW 112th St
Distance between this listing and this school6.81 miles
The neighbors living near this home have an average income of $71,560. The majority of Lincoln, NE residents have income between $35k-100k annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Lincoln, NE
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Lincoln, NE.
Lincoln's housing market showcases a diverse array of options, with single-family homes being a significant portion of the landscape. A mix of modern, ranch-style, and colonial homes can be found, reflecting the city's architectural evolution. Apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lincoln is robust, with a substantial majority of residents owning their homes, while a smaller yet significant percentage of the population opts for renting.
What is it like to live in Lincoln, NE?
Lincoln is celebrated for its vibrant community spirit and cultural richness. The city prides itself on a variety of local events, including art festivals and farmers' markets that highlight the region's agricultural heritage and creative talent. The community's character is further defined by its commitment to green spaces and a family-friendly atmosphere that resonates throughout the city's numerous parks and recreational areas.
Is it easy to get around Lincoln, NE without a car?
The community benefits from a well-rounded array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational institutions. Healthcare facilities in Lincoln provide a range of services, from primary care to specialized treatments, ensuring residents have access to comprehensive medical care. The city's public library system supports lifelong learning and community engagement, while the retail and dining scene reflects the local culture with a blend of national chains and homegrown establishments.
Transportation in Lincoln, NE.
Lincoln's transportation infrastructure supports both private and public transit options, with a focus on enhancing connectivity and reducing commute times. The city's bus service operates on a set schedule, providing residents with reliable public transportation. While ride-sharing services are available, the city also emphasizes walkability, particularly in the downtown area. Major roads and highways facilitate travel in and out of the city, and ongoing improvements aim to keep pace with the growing needs of the community.
Frequently Asked Questions About 5242 W Redberry Ln
What is the listing price of this property?
The listing price of 5242 W Redberry Ln property is $121,500.
What type of property is this?
The property 5242 W Redberry Ln is land located in Lincoln, Nebraska, 68528.
Is this property for sale now?
Active Listing: 5242 W Redberry Ln 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 $745 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5242 W Redberry Ln in Lincoln, NE and zip code 68528. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $121,500.
Lincoln, NE housing market in October 2024 saw over 63 listings sold above listed price, more than 81 sold at listed price and over 114 sold below. Between September 2024 and October 2024, Lincoln, NE real estate market has seen increase in the number of listings by 10%. In October 2024 median list price was $289,500 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.