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7940 Bancroft Ave

Lincoln, NE 68506

4 bd 4 ba 2,407 sqft Built 1988 Lot 9,068 sqft single_family
Most recent sale
$325,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $325,000 Public Record
Apr 29, 2022 Sold $325,000 GreatPlainsRegional
Mar 15, 2022 Listed $320,000 MLS #22205091
Dec 21, 2018 Sold $169,900 MLS #210141

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,200 $65,000 $375,200 $4,821
2024 $310,200 $65,000 $375,200 $4,755
2023 $259,900 $65,000 $324,900 $5,445
2022 $199,700 $60,000 $259,700 $4,887
2021 $199,700 $60,000 $259,700 $4,896
2020 $181,000 $60,000 $241,000 $4,604
2019 $181,000 $60,000 $241,000 $4,605
2018 $172,700 $55,000 $227,700 $4,370
2017 $172,700 $55,000 $227,700 $4,410
2016 $153,900 $45,000 $198,900 $3,872
2015 $153,900 $45,000 $198,900 $3,846
2014 $131,800 $45,000 $176,800 $3,438
2013 $131,800 $45,000 $176,800 $3,455
2012 $131,800 $45,000 $176,800 $3,444
2010 $137,100 $42,800 $179,900 $3,590
2009 $137,100 $42,800 $179,900 $3,619
2008 $145,614 $45,000 $190,614 $3,868
2007 $190,614 $3,829

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,407 sqft
Lot size
9,068 sqft
ZIP code
68506
City
Lincoln
Street
Bancroft Ave
Coordinates
40.77680, -96.61150

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,611
Gross rental yield
13.33%
Implied cap rate
8.67%
Trend-extrapolated value

Frequently asked questions

When did 7940 Bancroft Ave last sell?
7940 Bancroft Ave most recently sold on May 3, 2022 for $325,000.
What is the current tax assessment for 7940 Bancroft Ave?
The most recent total assessment for 7940 Bancroft Ave (year 2025) is $375,200 with $4,821 in property tax.
How does 7940 Bancroft Ave's assessment compare to its last sale price?
The current assessment is 15.4% above the last sale price of $325,000.
When was 7940 Bancroft Ave built?
7940 Bancroft Ave was built in 1988.
How does 7940 Bancroft Ave compare to others on Bancroft Ave?
We track 8 other properties on Bancroft Ave. Browse the list under "Other properties on Bancroft Ave" to compare beds, baths, and sale history.
What are the property facts for 7940 Bancroft Ave?
7940 Bancroft Ave is a 4 bed, 4 bath, 2,407 sqft, 9,068 sqft lot single_family.
Is 7940 Bancroft Ave a flip candidate?
No — 7940 Bancroft Ave does not appear in our flips dataset.
Is 7940 Bancroft Ave a tax-appeal candidate?
Yes — 7940 Bancroft Ave 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 valuation
Quarterly trend
-1.2%
Implied 1-yr
-5.0%
2026 Q3
$259.8K
2026 Q4
$256.3K
ZIP 68506 — Median Price History + Forecast

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