1404 40th St
Lincoln, NE 68503
4 bd 2 ba 2,336 sqft Built 1918 Lot 9,654 sqft single_family
Most recent sale
$240,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2022 | Sold | $240,000 | Public Record |
| Jun 10, 2022 | Price changed | $245,000 | MLS #22211788 |
| May 25, 2022 | Listed | $250,000 | MLS #22211788 |
| Mar 5, 2022 | Listed | $260,000 | MLS #22203584 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $223,300 | $60,300 | $283,600 | $3,644 |
| 2024 | $223,300 | $60,300 | $283,600 | $3,224 |
| 2023 | $185,600 | $47,700 | $233,300 | $3,910 |
| 2022 | $153,000 | $45,000 | $198,000 | $3,726 |
| 2021 | $153,000 | $45,000 | $198,000 | $3,733 |
| 2020 | $147,500 | $40,500 | $188,000 | $3,592 |
| 2019 | $147,500 | $40,500 | $188,000 | $3,593 |
| 2018 | $116,500 | $40,500 | $157,000 | $3,014 |
| 2017 | $116,500 | $40,500 | $157,000 | $3,041 |
| 2016 | $107,300 | $31,500 | $138,800 | $2,703 |
| 2015 | $107,300 | $31,500 | $138,800 | $2,684 |
| 2014 | $98,600 | $36,000 | $134,600 | $2,618 |
| 2013 | $98,600 | $36,000 | $134,600 | $2,631 |
| 2012 | $98,600 | $36,000 | $134,600 | $2,622 |
| 2010 | $96,400 | $25,700 | $122,100 | $2,437 |
| 2009 | $96,400 | $25,700 | $122,100 | $2,457 |
| 2008 | $82,126 | $27,000 | $109,126 | $2,215 |
Property facts
Year built
1918
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,336 sqft
Lot size
9,654 sqft
ZIP code
68503
City
Lincoln
Street
40th St
Coordinates
40.82726, -96.66296
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1404 40th St last sell?
1404 40th St most recently sold on Aug 8, 2022 for $240,000.
What is the current tax assessment for 1404 40th St?
The most recent total assessment for 1404 40th St (year 2025) is $283,600 with $3,644 in property tax.
How does 1404 40th St's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $240,000.
When was 1404 40th St built?
1404 40th St was built in 1918.
How does 1404 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 1404 40th St?
1404 40th St is a 4 bed, 2 bath, 2,336 sqft, 9,654 sqft lot single_family.
Is 1404 40th St a flip candidate?
No — 1404 40th St does not appear in our flips dataset.
Is 1404 40th St a tax-appeal candidate?
Yes — 1404 40th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.1%
2026 Q3
$282.6K
2026 Q4
$291.2K
ZIP 68503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St