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4047 S 37th St, Lincoln, NE, 68506

2beds
2baths
1,708sqft
$300,000
$176price/sqft
$1,958/moest. monthly cost
$78,320/yrincome needed

About This Home

Meticulously maintained two bedroom ranch in a sought-after south Lincoln location. Beautiful wood floors span the main level, adding warmth and character throughout. Finished basement — complete with a second kitchen — is ideal for guests. Outside, enjoy a large, pristine yard complete with new underground sprinklers, a hot tub and a she-shed! Pride of ownership shows inside and out, from updates including new metal eaves and gutters to stunning irrigated flower beds. Call today to schedule your private showing!

Getting Around

48
WalkingCar-Dependent
20
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

7/10
4/10
Irving Middle SchoolGrades 6-81.6 mi
4/10

Construction

Condition

  • Property condition: Not New and NOT a Model
  • Year built: 1962

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Area: 1042

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom2

  • Level: Main
  • Area: 112

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 110

Features

  • 2nd Kitchen,Ceiling Fan(s),Formal Dining Room
  • Flooring: Carpet
  • Finished area below ground: 650
  • Finished area above ground: 1,058

Heating & Cooling

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

Interior Area

  • Total structure area: 1,708
  • Total interior livable area: 1,708 sqft

Living Room

  • Level: Main
  • Area: 242

Master Bedroom

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 1606423009000

Features

  • Patio & porch: Porch,Patio,Deck
  • Exterior features: Sprinkler System
  • Fencing: None

Lot

  • Lot size: 0.28 Acres
  • Features: Over 1/4 up to 1/2 Acre,City Lot,Subdivided,Public Sidewalk,Irregular Lot
  • Lot size dimensions: 148 x 145 x 164

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

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

How This Home’s Risks Compare

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

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 $1,516$18,192
Home Insurance $218$2,616
Property Taxes $100$1,200
Electricity $124$1,493
Total$1,958$23,496

Income You'd Need if You Spent...

35% on housing$67,131/yr
40% on housing$58,740/yr
45% on housing$52,213/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

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 68506$139
Lancaster County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 68506$155
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
2026-07-30Listed for sale$300,000
2018-06-08Sold$149,000
2018-05-10Pending sale$149,900
2018-05-10Listed for sale$149,900

For Sale by Agent

AgentKeaton Kraft
BrokerageNebraska Realty

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