$539,000

7316 Gerald Ave Lincoln, NE 68516

$6,401
Closing credit¹
5 beds
3 full
3,005 sqft
0.2 acres
$179 / sqft
House

Property details

About 7316 Gerald Ave

Welcome to this beautifully designed 5-bedroom, 3-bath home in South Lincoln, offering over 3,000 finished sqft of high-end living. From the moment you step through the 8' entry door, you'll be captivated by the wide-open floor plan, 11' coffered ceilings in the great room, and an abundance of natural light. The kitchen boasts quartz countertops, a large island, and an open-concept layout that's perfect for gatherings. The split-bedroom design ensures privacy, while the first-floor laundry conveniently connects to the primary suite. Downstairs, the walkout basement features a spacious rec room with a wet bar, two additional bedrooms, and a full bath, ideal for entertaining or guest accommodations. Step outside to the covered deck to enjoy breathtaking views of the Grandview Estates neighborhood. The fenced-in backyard offers both privacy and space to relax. Additional features include a 3-stall garage, a Marathon water heater, & lrg windows throughout for an airy & inviting atmosphere.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
(ACTIVE)
CoolingCentral Air
Size3,005 sqft
BasementYes
Lot size0.18 Acres
Year built2018
ParkingAttached
MLS #22514429
Attached garage3 spaces
FireplaceDirect-Vent Gas Fire

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Fireplace: Direct-Vent Gas Fire
  • Total Bedroom Count: 5
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached
  • Exterior: Covered Deck
  • Architectural Style: 1.0 Story/Ranch
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $539,000
  • Price/SqFt: $179
  • HOA Amount: $175 Annually
  • Annual Tax Amount: $8,534
  • Tax Year: 2024
  • Directions: please consult GPS.
  • Year Built: 2018
  • Stories: 1
  • Living Area: 3,005 SqFt
  • Lot Size: 0.18 Acres
  • MLS Number: 22514429
  • Office Name: Nebraska Realty
  • Office Phone: (402) 450-1994
  • Listing Agent: Thuy T. An

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7316 Gerald Ave, Lincoln, NE 68516 - view of front facade featuring a residential view, stone siding, a garage, a shingled roof, and driveway

$539,000

7316 Gerald Ave

$6,401

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 21, 2022
Home Sold
$485,000
Aug 21, 2018
Home Sold
$392,000
Jan 08, 2018
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2024$491,500$8,534
2023$467,300$9,031
2022$368,200$7,265
2021$368,200$7,381
2020$349,900$6,420
2019$349,900$997
2018$55,000$991
2017$55,000$464

History based on county public records data.

Nearby schools

6

Sally G. Wysong Elementary School

Public District KG-5

1.4 mi

7901 Blanchard Blvd

8

Kloefkorn Elementary School

Public District PK-5

2.6 mi

6601 Glass Ridge Dr

6

Humann Elementary School

Public District PK-5

2.8 mi

6720 Rockwood Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $116,304. Residents of Lincoln, NE typically earn between $100k-200k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
35%
35k-100k
43%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

17%
Single, No Kids
2%
Single, with Kids
48%
Married, No Kids
33%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
11%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Lincoln, NE

Lincoln's transportation infrastructure supports both private and public transit options, with a focus on enhancing connectivity and reducing commute times. The city's bus service operates on a set schedule, providing residents with reliable public transportation. While ride-sharing services are available, the city also emphasizes walkability, particularly in the downtown area. Major roads and highways facilitate travel in and out of the city, and ongoing improvements aim to keep pace with the growing needs of the community.

The community benefits from a well-rounded array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational institutions. Healthcare facilities in Lincoln provide a range of services, from primary care to specialized treatments, ensuring residents have access to comprehensive medical care. The city's public library system supports lifelong learning and community engagement, while the retail and dining scene reflects the local culture with a blend of national chains and homegrown establishments.

Lincoln is celebrated for its vibrant community spirit and cultural richness. The city prides itself on a variety of local events, including art festivals and farmers' markets that highlight the region's agricultural heritage and creative talent. The community's character is further defined by its commitment to green spaces and a family-friendly atmosphere that resonates throughout the city's numerous parks and recreational areas.

Lincoln's housing market showcases a diverse array of options, with single-family homes being a significant portion of the landscape. A mix of modern, ranch-style, and colonial homes can be found, reflecting the city's architectural evolution. Apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lincoln is robust, with a substantial majority of residents owning their homes, while a smaller yet significant percentage of the population opts for renting.

About 7316 Gerald Ave

The listing price of 7316 Gerald Ave property is $539,000.

The property 7316 Gerald Ave is a house located in Lincoln, Nebraska, 68516.

Active Listing: 7316 Gerald Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7316 Gerald Ave are: Sally G. Wysong Elementary School (GreatSchools Rating 6/10), Kloefkorn Elementary School (GreatSchools Rating 8/10), Humann Elementary School (GreatSchools Rating 6/10), Moore Middle School (GreatSchools Rating 7/10), Pound Middle School (GreatSchools Rating 5/10), Scott Middle School (GreatSchools Rating 7/10), Southwest High School (GreatSchools Rating 5/10), Southeast High School (GreatSchools Rating 4/10), East High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $8,534 (source: MLS/based on county public records data).

The last sale was on October 21, 2022 for $485,000 (source: MLS/tax record).

The property at 7316 Gerald Ave has 5 bedrooms and 3 bathrooms.

The property 7316 Gerald Ave is 3,005 SqFt (source: MLS/tax record).

The year of construction for 7316 Gerald Ave is 2018.

This home is located at 7316 Gerald Ave in Lincoln, NE and zip code 68516. This 3,005 square foot home, which was built in 2018, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $539,000.

The inventory of homes for sale in Lincoln, NE between April and May 2025 increased by 132.9%. While the average time on the market in May 2025 was 37 days, the median list price was $331,225.

From Rocket Homes Real Estate and based on county public records data.

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