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7420 South St

Lincoln, NE 68506

2 bd 2 ba 1,877 sqft Built 1975 Lot 2,300 sqft townhomes
Most recent sale
$220,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2022 Sold $220,000 GreatPlainsRegional
Nov 19, 2021 Sold $220,000 Public Record
Oct 4, 2021 Listed $220,000 MLS #22123613
Jun 4, 2014 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,600 $57,500 $242,100 $410
2023 $169,300 $50,600 $219,900 $3,685
2022 $126,000 $38,500 $164,500 $3,095
2021 $126,000 $38,500 $164,500 $3,101
2020 $119,000 $38,500 $157,500 $3,009
2019 $119,000 $38,500 $157,500 $3,009
2018 $118,300 $33,000 $151,300 $2,904
2017 $118,300 $33,000 $151,300 $2,930
2016 $96,600 $33,000 $129,600 $2,523
2015 $96,600 $33,000 $129,600 $2,506
2014 $98,500 $38,000 $136,500 $2,654
2010 $109,900 $34,900 $144,800 $2,890
2009 $109,900 $34,900 $144,800 $2,913
2008 $103,103 $36,000 $139,103 $2,823
2007 $139,103 $2,794

Property facts

Year built
1975
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,877 sqft
Lot size
2,300 sqft
ZIP code
68506
City
Lincoln
Street
South St
Coordinates
40.79065, -96.61901

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
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7420 South St last sell?
7420 South St most recently sold on Nov 19, 2021 for $220,000.
What is the current tax assessment for 7420 South St?
The most recent total assessment for 7420 South St (year 2025) is $242,100 with $410 in property tax.
How does 7420 South St's assessment compare to its last sale price?
The current assessment is 10.0% above the last sale price of $220,000.
When was 7420 South St built?
7420 South St was built in 1975.
How does 7420 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 7420 South St?
7420 South St is a 2 bed, 2 bath, 1,877 sqft, 2,300 sqft lot townhomes.
Is 7420 South St a flip candidate?
No — 7420 South St does not appear in our flips dataset.
Is 7420 South St a tax-appeal candidate?
No — 7420 South 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
-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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