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5311 51st St

Lincoln, NE 68516

3 bd 2 ba 2,200 sqft Built 1965 Lot 8,276 sqft single_family
Most recent sale
$315,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $315,000 Public Record
May 4, 2022 Listed $299,900 MLS #22209753
May 14, 2021 Sold $170,000 Public Record
May 5, 2021 Listed $165,000 MLS #22109266

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,900 $55,000 $285,900 $3,673
2024 $230,900 $55,000 $285,900 $3,785
2023 $223,900 $50,000 $273,900 $4,590
2022 $149,300 $45,000 $194,300 $3,656
2021 $140,800 $45,000 $185,800 $3,503
2020 $117,800 $45,000 $162,800 $3,111
2010 $86,600 $38,000 $124,600 $2,487
2009 $86,600 $38,000 $124,600 $2,507
2008 $88,435 $35,000 $123,435 $2,505

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,200 sqft
Lot size
8,276 sqft
ZIP code
68516
City
Lincoln
Street
51st St
Coordinates
40.76022, -96.65057

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,300
Gross rental yield
12.57%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 5311 51st St last sell?
5311 51st St most recently sold on Jun 1, 2022 for $315,000.
What is the current tax assessment for 5311 51st St?
The most recent total assessment for 5311 51st St (year 2025) is $285,900 with $3,673 in property tax.
How does 5311 51st St's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $315,000.
When was 5311 51st St built?
5311 51st St was built in 1965.
How does 5311 51st St compare to others on 51st St?
We track 8 other properties on 51st St. Browse the list under "Other properties on 51st St" to compare beds, baths, and sale history.
What are the property facts for 5311 51st St?
5311 51st St is a 3 bed, 2 bath, 2,200 sqft, 8,276 sqft lot single_family.
Is 5311 51st St a flip candidate?
Yes — 5311 51st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5311 51st St a tax-appeal candidate?
No — 5311 51st 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
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$446.8K
2026 Q4
$443.6K
ZIP 68516 — Median Price History + Forecast

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