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5551 Locust St

Lincoln, NE 68516

3 bd 2 ba 2,332 sqft Built 1964 Lot 8,712 sqft single_family
Most recent sale
$266,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $266,000 Public Record
Jul 8, 2022 Sold $265,900 GreatPlainsRegional
May 25, 2022 Listed $265,900 MLS #22211838
Mar 12, 2019 Listing removed $144,950 GreatPlainsRegional
Dec 21, 2018 Sold $144,950 MLS #10113772
Jun 6, 2014 Sold $143,000 Public Record
Apr 21, 2014 Listed $144,950 MLS #3086861

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,200 $38,500 $268,700 $3,452
2024 $230,200 $38,500 $268,700 $3,588
2023 $210,100 $35,000 $245,100 $4,107
2022 $148,800 $28,000 $176,800 $3,327
2021 $144,800 $32,000 $176,800 $3,333
2020 $127,900 $32,000 $159,900 $3,055
2019 $127,900 $32,000 $159,900 $3,056
2018 $112,300 $32,000 $144,300 $2,770
2017 $112,300 $32,000 $144,300 $2,795
2016 $110,500 $28,000 $138,500 $2,697
2015 $110,500 $28,000 $138,500 $2,678
2014 $108,900 $28,000 $136,900 $2,663
2013 $108,900 $28,000 $136,900 $2,676
2012 $108,900 $28,000 $136,900 $2,667
2010 $101,700 $26,600 $128,300 $2,561
2009 $101,700 $26,600 $128,300 $2,581
2008 $84,441 $24,000 $108,441 $2,201

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,332 sqft
Lot size
8,712 sqft
ZIP code
68516
City
Lincoln
Street
Locust St
Coordinates
40.76855, -96.64456

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,596
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5551 Locust St last sell?
5551 Locust St most recently sold on Jul 13, 2022 for $266,000.
What is the current tax assessment for 5551 Locust St?
The most recent total assessment for 5551 Locust St (year 2025) is $268,700 with $3,452 in property tax.
How does 5551 Locust St's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $266,000.
When was 5551 Locust St built?
5551 Locust St was built in 1964.
How does 5551 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 5551 Locust St?
5551 Locust St is a 3 bed, 2 bath, 2,332 sqft, 8,712 sqft lot single_family.
Is 5551 Locust St a flip candidate?
No — 5551 Locust St does not appear in our flips dataset.
Is 5551 Locust St a tax-appeal candidate?
No — 5551 Locust 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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