5540 Covey Ct
Lincoln, NE 68516
4 bd 2 ba 1,698 sqft Built 1975 Lot 7,841 sqft single_family
Most recent sale
$280,000
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2022 | Sold | $280,000 | Public Record |
| Aug 18, 2022 | Listed | $274,000 | MLS #22220008 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $205,600 | $62,100 | $267,700 | $3,439 |
| 2024 | $205,600 | $62,100 | $267,700 | $3,305 |
| 2023 | $182,900 | $56,300 | $239,200 | $4,008 |
| 2022 | $138,200 | $40,500 | $178,700 | $3,363 |
| 2021 | $138,200 | $40,500 | $178,700 | $3,369 |
| 2020 | $122,300 | $40,500 | $162,800 | $3,111 |
| 2019 | $122,300 | $40,500 | $162,800 | $3,111 |
| 2018 | $112,200 | $40,500 | $152,700 | $2,931 |
| 2017 | $112,200 | $40,500 | $152,700 | $2,958 |
| 2016 | $107,100 | $36,000 | $143,100 | $2,786 |
| 2015 | $107,100 | $36,000 | $143,100 | $2,767 |
| 2014 | $88,500 | $41,400 | $129,900 | $2,526 |
| 2013 | $88,500 | $41,400 | $129,900 | $2,539 |
| 2012 | $88,500 | $41,400 | $129,900 | $2,531 |
| 2010 | $93,600 | $29,900 | $123,500 | $2,465 |
| 2009 | $93,600 | $29,900 | $123,500 | $2,485 |
| 2008 | $77,499 | $27,000 | $104,499 | $2,121 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,698 sqft
Lot size
7,841 sqft
ZIP code
68516
City
Lincoln
Street
Covey Ct
Coordinates
40.76538, -96.64457
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,547
Gross rental yield
10.92%
Implied cap rate
7.10%
Trend-extrapolated value
—
Frequently asked questions
When did 5540 Covey Ct last sell?
5540 Covey Ct most recently sold on Oct 4, 2022 for $280,000.
What is the current tax assessment for 5540 Covey Ct?
The most recent total assessment for 5540 Covey Ct (year 2025) is $267,700 with $3,439 in property tax.
How does 5540 Covey Ct's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $280,000.
When was 5540 Covey Ct built?
5540 Covey Ct was built in 1975.
How does 5540 Covey Ct compare to others on Covey Ct?
We track 2 other properties on Covey Ct. Browse the list under "Other properties on Covey Ct" to compare beds, baths, and sale history.
What are the property facts for 5540 Covey Ct?
5540 Covey Ct is a 4 bed, 2 bath, 1,698 sqft, 7,841 sqft lot single_family.
Is 5540 Covey Ct a flip candidate?
No — 5540 Covey Ct does not appear in our flips dataset.
Is 5540 Covey Ct a tax-appeal candidate?
No — 5540 Covey Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$446.8K
2026 Q4
$443.6K
ZIP 68516 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Covey Ct