421 Terrace Rd is a 1,400 square foot house on a 8,712 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Lincoln data, we estimate the home's value is $223,248.
Single-familyProperty Type
1961Year Built
8,712 sq ftLot Size
$159Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$223,248
$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.1% lower than the average sale price ($269K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$354 (−3.7%)
$50,000 + $158,800
$208,800
2024
$367 (−80.4%)
$50,000 + $158,800
$208,800
2023
$1,870 (+143.6%)
$45,000 + $161,900
$206,900
2022
$768 (−64.7%)
$45,000 + $149,600
$194,600
2020
$2,175 (+66.9%)
$35,000 + $121,700
$156,700
2019
$1,303 (−3.9%)
$35,000 + $109,200
$144,200
2018
$1,355 (−27.1%)
$35,000 + $109,200
$144,200
2017
$1,858 (+11.6%)
$35,000 + $86,300
$121,300
2016
$1,666 (−20.4%)
$35,000 + $86,300
$121,300
2015
$2,092 (+2.4%)
$30,000 + $78,200
$108,200
2014
$2,042
$30,000 + $75,000
$105,000
Tax history for 421 Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$354 (−3.7%)
$50,000 + $158,800
$208,800
2024
$367 (−80.4%)
$50,000 + $158,800
$208,800
2023
$1,870 (+143.6%)
$45,000 + $161,900
$206,900
2022
$768 (−64.7%)
$45,000 + $149,600
$194,600
2020
$2,175 (+66.9%)
$35,000 + $121,700
$156,700
2019
$1,303 (−3.9%)
$35,000 + $109,200
$144,200
2018
$1,355 (−27.1%)
$35,000 + $109,200
$144,200
2017
$1,858 (+11.6%)
$35,000 + $86,300
$121,300
2016
$1,666 (−20.4%)
$35,000 + $86,300
$121,300
2015
$2,092 (+2.4%)
$30,000 + $78,200
$108,200
2014
$2,042
$30,000 + $75,000
$105,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-2
Residential District
This district is intended to provide a generally stable residential use in areas of the city that are largely developed. With a gross density of generally three to five dwelling units per acre, this district permits single- and two-family dwellings and supportive community services, such as parks, playgrounds, schools, libraries, and places of religious assembly. It is intended that this district be limited to previously platted portions of the city already undergoing substantial development, thereby preserving existing low-density residential development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Interior
Basement Information
Basement Sq. Ft: 800
Basement Finish: Finished
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3
Heating & Cooling
Heating Type: Warm Air
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Basement
Building Style Type: Ranch
Building Construction Quality: Average
Exterior Wall: Masonry Veneer
Roof Shape Type: Hip
Property Information
Subdivision Name: HERBERT BROTHERS FIRST ADD
Living Sq. Ft: 1,400
Ground Floor Sq. Ft: 800
Building Sq. Ft: 1,852
# of Stories: 1
Stories Type: 1
Legal Description: HERBERT BROTHERS FIRST ADDITION TO SKYLINE TERRACE, BLOCK 7, LOT 9
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 252
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,712
Legal Lot Number: 9
Legal Block Number: 7
Municipality Name: LINCOLN
Acres: 0.2
Depth Footage: 134
Front Footage: 58
Zoning Code: R2
County Use Description: RESIDENTIAL IMPROVED, SNGL FAM
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,400
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: —
County: Lancaster County
APN: 17-22-405-018-000
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Meadow Lane Elementary School
Public PreK-5 • Assigned • 0.5mi
5/10
C Culler Middle School
Public 6-8 • Assigned • 1.8mi
3/10
Lincoln East High School
Public 9-12 • Assigned • 1.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lincoln, NE • 68505
Average low and high temperatures (°F)
36
17
44
22
63
36
67
46
76
54
85
66
88
70
86
67
83
60
73
51
54
36
44
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
10.4 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$213,000 – $257,000
Sell confidently with a local market expert in Lincoln. 3 minutes to get started.