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1606 SW 16th St, Lincoln, NE, 68522

3beds
2baths
1,539sqft
$270,000
$175price/sqft
$1,961/moest. monthly cost
$78,440/yrincome needed

About This Home

Stop right there! Have you been looking for a great starter home with an updated kitchen, updated bathroom, LVP flooring, a large, fully-fenced and flat backyard, and a great outdoor space to relax after a long day at work? Look no further! You have found it!

Getting Around

42
WalkingCar-Dependent
15
TransitMinimal Transit
40
BikeSomewhat Bikeable

Schools

5/10
Roper Elementary SchoolGrades PK-50.6 mi
3/10
Park Middle SchoolGrades 6-81.8 mi
--
NORTHWEST HIGH SCHOOLGrades 9-123.1 mi

Construction

Condition

  • Property condition: Not New and NOT a Model
  • Year built: 1973

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Masonite

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer,Dryer,Microwave

Basement

  • Area: 624

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedroom2

  • Features: Wall/Wall Carpeting, Ceiling Fan(s)
  • Level: Main
  • Area: 112.11

Bedroom3

  • Features: Wall/Wall Carpeting, Ceiling Fan(s)
  • Level: Main
  • Area: 118.58

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1

Family Room

  • Features: Ceramic Tile Floor
  • Level: Basement
  • Area: 322.34

Features

  • Finished area below ground: 565
  • Finished area above ground: 974

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,539
  • Total interior livable area: 1,539 sqft

Kitchen

  • Features: Ceiling Fan(s), Laminate Flooring
  • Level: Main
  • Area: 143.19

Living Room

  • Features: Ceiling Fan(s), Laminate Flooring
  • Level: Main
  • Area: 171.82

Master Bedroom

  • Features: Wall/Wall Carpeting, Ceiling Fan(s)
  • Level: Main
  • Area: 149.85

Property

Details

  • Parcel number: 1033205005000

Features

  • Levels: Split Entry
  • Patio & porch: Deck
  • Fencing: Chain Link

Lot

  • Lot size: 10,018 sqft
  • Features: Up to 1/4 Acre.
  • Lot size dimensions: 58 x 140 x 80 x 145

Parking

  • Total spaces: 1
  • Parking features: Built-In,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Hail
Lightning
Winter Weather
Cold Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Nebraska Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,365$16,380
Home Insurance $193$2,316
Property Taxes $279$3,348
Electricity $124$1,493
Total$1,961$23,532

Income You'd Need if You Spent...

35% on housing$67,234/yr
40% on housing$58,830/yr
45% on housing$52,293/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 68522$110
Lancaster County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 68522$177
Lancaster County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$270,000
2026-07-17Listed for sale$270,000
2026-07-13Pending sale$270,000
2026-07-10Listed for sale$270,000
2018-07-20Sold$150,000
2018-06-05Listed for sale$144,900
2015-07-24Sold$128,000
2015-06-16Listed for sale$129,900
2011-05-18Sold$118,000
2002-10-28Sold$117,000

For Sale by Agent

AgentAnne Peterson
BrokerageKeller Williams Greater Omaha

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