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Single Family ResidenceResidential
$419,942$197 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $179,000 on May 20, 2016

1225 SW 40TH ST

LINCOLN, NE 68522
3
Beds
2
Baths
2,137 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.93 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$420K
$401K low$439K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$179,000 · May 20, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,971 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$399,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$110,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$289,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$374,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$399,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.22 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Bungalow
CountyLANCASTER
Lot (acres)The size of the land the home sits on, from county records.0.93
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 216 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Northwest High School
High · Grades 9–12 · 2.2 mi
E
Lakeview Elementary SchoolD
Elementary · Grades PK–5 · 2.3 mi
M
Park Middle SchoolD+
Middle · Grades 6–8 · 3.6 mi

District: Lincoln Public Schools

Neighborhood · ZIP 68522These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.42
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.73
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.13,827
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,353 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,164
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$95,126
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.29 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1225 Sw 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 93% of homes in Lincoln 68522
  • Costs less per square foot than 96% of homes in High Ridge / Cushman
  • Bigger than 92% of homes in Lincoln 68522
  • Has a smaller lot than 96% of homes in High Ridge / Cushman
  • Older than 97% of homes in Lincoln 68522

What homes are worth in Lincoln 68522

Each bar is how many homes fall in that price range. The marker is this home.

This home
$185K$597K

This home is worth more than 93% of homes in Lincoln 68522.

How it measures up in Lincoln 68522

The dot is this home. The mark in the middle is the typical home in Lincoln 68522.

Estimated value$419,942
CheaperTypical $285,678Pricier

Pricier than 93% of homes nearby

Price per ft²$197
CheaperTypical $244Pricier

Pricier than 27% of homes nearby

Living area2,137 ft²
SmallerTypical 1,190 ft²Bigger

Bigger than 92% of homes nearby

Lot size0.93 ac
SmallerTypical 0.17 acBigger

Bigger than 91% of homes nearby

Year built1920
OlderTypical 1998Newer

Newer than 3% of homes nearby

How 1225 Sw 40th St ranks against every home in each area.
MeasureThis homeHigh Ridge / CushmanLincoln 68522Lancaster County
Estimated valuepricier than$419,94245% of homes93% of homes74% of homes
Price per ft²pricier than$1974% of homes27% of homes41% of homes
Living areabigger than2,137 ft²87% of homes92% of homes79% of homes
Lot sizebigger than0.93 ac4% of homes91% of homes91% of homes
Year builtnewer than19205% of homes3% of homes10% of homes

About 1225 Sw 40th St

How much is 1225 Sw 40th St, Lincoln, NE worth?

The TopHap Estimate for 1225 Sw 40th St, Lincoln, NE is $419,942 as of Aug 30, 2026. The likely range is $401,021 to $438,863. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1225 Sw 40th St, Lincoln, NE last sell?

1225 Sw 40th St, Lincoln, NE last sold on May 20, 2016 for $179,000, according to the county's recorded deed.

How big is 1225 Sw 40th St, Lincoln, NE?

1225 Sw 40th St, Lincoln, NE has 3 bedrooms, 2 bathrooms, 2,137 square feet of living space and a 0.93-acre lot.

When was 1225 Sw 40th St, Lincoln, NE built?

1225 Sw 40th St, Lincoln, NE was built in 1920, making it 106 years old. It is a bungalow home. The building has 1 story.

What schools serve 1225 Sw 40th St, Lincoln, NE?

1225 Sw 40th St, Lincoln, NE is assigned to Northwest High School (high); Lakeview Elementary School (elementary), rated D; Park Middle School (middle), rated D+. All sit in Lincoln Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1225 Sw 40th St, Lincoln, NE compare to other homes in Lincoln 68522?

Among the 4,043 homes in Lincoln 68522, it is worth more than 93% of them ($419,942 against a typical $285,678), its price per square foot is higher than 27% of them ($197 against a typical $244), it is bigger than 92% of them (2,137 ft² against a typical 1,190 ft²), its lot is bigger than 91% of them (0.93 ac against a typical 0.17 ac) and it is newer than 3% of them (1920 against a typical 1998). Measured against all of Lancaster County, it is worth more than 74% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1225 Sw 40th St, Lincoln, NE?

The 2025 property tax bill for 1225 Sw 40th St, Lincoln, NE was $3,971. The county assessed it at $399,400.

More homes on Sw 40th St

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