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602 40th St

Lincoln, NE 68510

2 bd 2 ba 834 sqft Built 1948 Lot 6,534 sqft single_family
Most recent sale
$165,000
Oct 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2026 Listed $185,000 GreatPlainsRegional
Nov 13, 2025 Listing removed $190,000 GreatPlainsRegional
Oct 14, 2025 Listing removed $194,000 GreatPlainsRegional
Oct 14, 2025 Listed $190,000 GreatPlainsRegional
Aug 28, 2025 Price changed $194,000 GreatPlainsRegional
Aug 15, 2025 Price changed $199,000 GreatPlainsRegional
Jul 30, 2025 Listed $205,000 GreatPlainsRegional
Oct 10, 2022 Sold $165,000 Public Record
Oct 7, 2022 Sold $165,000 GreatPlainsRegional
Sep 13, 2022 Listed $159,000 MLS #22222043
Dec 21, 2018 Sold $71,900 MLS #604717
Oct 12, 2018 Sold $117,500 MLS #10144167
May 9, 2018 Sold $121,000 Public Record
May 4, 2018 Sold $121,000 GreatPlainsRegional
Feb 26, 2018 Listed $117,500 MLS #10144167
May 20, 2004 Sold $97,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $151,500 $32,000 $183,500 $2,357
2024 $151,500 $32,000 $183,500 $2,106
2023 $126,000 $26,400 $152,400 $2,554
2022 $114,200 $24,000 $138,200 $2,600
2021 $114,200 $24,000 $138,200 $2,605
2020 $94,100 $24,000 $118,100 $2,257
2019 $97,100 $21,000 $118,100 $2,257
2018 $73,300 $21,000 $94,300 $1,810
2017 $73,300 $21,000 $94,300 $1,827
2016 $66,600 $21,000 $87,600 $1,706
2015 $66,600 $21,000 $87,600 $1,694
2014 $61,800 $21,000 $82,800 $1,610
2013 $61,800 $21,000 $82,800 $1,619
2012 $61,800 $21,000 $82,800 $1,613
2010 $68,200 $22,800 $91,000 $1,816
2009 $68,200 $22,800 $91,000 $1,831
2008 $68,825 $28,000 $96,825 $1,965

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
834 sqft
Lot size
6,534 sqft
ZIP code
68510
City
Lincoln
Street
40th St
Coordinates
40.80786, -96.66290

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,251
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 602 40th St last sell?
602 40th St most recently sold on Oct 10, 2022 for $165,000.
What is the current tax assessment for 602 40th St?
The most recent total assessment for 602 40th St (year 2025) is $183,500 with $2,357 in property tax.
How does 602 40th St's assessment compare to its last sale price?
The current assessment is 11.2% above the last sale price of $165,000.
When was 602 40th St built?
602 40th St was built in 1948.
How does 602 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 602 40th St?
602 40th St is a 2 bed, 2 bath, 834 sqft, 6,534 sqft lot single_family.
Is 602 40th St a flip candidate?
No — 602 40th St does not appear in our flips dataset.
Is 602 40th St a tax-appeal candidate?
No — 602 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$286.2K
2026 Q4
$285.5K
ZIP 68510 — Median Price History + Forecast

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