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6506 Monarch Dr

Lincoln, NE 68516

2 bd 2,759 sqft Built 2023 Lot 8,276 sqft single_family
Most recent sale
$570,000
May 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 24, 2023 Sold $95,000 Public Record
Sep 10, 2022 Listing removed $80,000 GreatPlainsRegional
May 27, 2021 Listed $80,000 MLS #22111475
May 27, 2021 Sold $570,000 Public Record
May 31, 2017 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $404,400 $107,300 $511,700 $6,575
2024 $404,400 $107,300 $511,700 $3,834
2023 $97,400 $97,400 $1,632
2022 $65,000 $65,000 $1,223
2021 $65,000 $65,000 $1,225
2020 $65,000 $65,000 $1,242
2019 $65,000 $65,000 $1,242
2018 $65,000 $65,000 $1,247
2017 $16,900 $16,900 $327

Property facts

Year built
2023
Property type
single_family
Stories
1
Beds
2
Baths
Living area
2,759 sqft
Lot size
8,276 sqft
ZIP code
68516
City
Lincoln
Street
Monarch Dr
Coordinates
40.73326, -96.63143

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
$4,139
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 6506 Monarch Dr last sell?
6506 Monarch Dr most recently sold on May 27, 2021 for $570,000.
What is the current tax assessment for 6506 Monarch Dr?
The most recent total assessment for 6506 Monarch Dr (year 2025) is $511,700 with $6,575 in property tax.
How does 6506 Monarch Dr's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $570,000.
When was 6506 Monarch Dr built?
6506 Monarch Dr was built in 2023.
How does 6506 Monarch Dr compare to others on Monarch Dr?
We track 8 other properties on Monarch Dr. Browse the list under "Other properties on Monarch Dr" to compare beds, baths, and sale history.
What are the property facts for 6506 Monarch Dr?
6506 Monarch Dr is a 2 bed, 2,759 sqft, 8,276 sqft lot single_family.
Is 6506 Monarch Dr a flip candidate?
No — 6506 Monarch Dr does not appear in our flips dataset.
Is 6506 Monarch Dr a tax-appeal candidate?
Yes — 6506 Monarch Dr 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
-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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