Red Willow County property record for 40757 Rd 721, Cambridge, NE 69022
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1 ba · 1,680 sqft · built 1915 |
| Lot Size | 182 acres (7,954,492 sqft) |
| Owner | 2 Trust Names on File |
| Tax Bill | $2,571 (2025) |
| Deeds & Mortgages | Sep 2026 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 000369200 |
| Primary APN | 000369200 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1 Bath |
| Plumbing Fixtures | 6 Plumbing Fixtures |
| Stories | 1 Story |
| Building Area | 1,680 sqft Living Area |
| 1st Floor Area | 1,680 sqft |
| Basement Area | 1,680 sqft |
| Year Built | Built 1915 |
|---|---|
| Effective Year Built | Effective 1915 |
| Exterior Material | Aluminum/Vinyl |
| Construction Type | Frame |
| Roof Material | Metal |
| Lot Area | 7,954,492 sqft (182 acres) |
| Porch | Slab |
|---|---|
| Porch Area | 132 sqft |
| Shed | 1 Shed |
| Shed Area | 350 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Street Address | 40757 ROAD 721 |
|---|---|
| City | CAMBRIDGE |
| State | NE |
| Zip | 69022-8416 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | NORTH VALLEY PRECINCT 25-4-26 PT SW/4, PT SE/4 182.61 ACRES |
| Legal Range | 26W |
| Legal Township | 04N |
| Legal Section | 25 |
| Jurisdiction | RED WILLOW NE |
| Township / Civil Division | NORTH VALLEY |
| Census Block Group | 2 |
| Census Block | 2053 |
| Census Tract | 963100 |
40757 Rd 721 is owner-occupied and held in a trust.
Source: Red Willow County records, as of September 30, 2026
| Owner of Record | 2 Trust Names on File |
|---|---|
| Mailing Address | 40757 ROAD 721, CAMBRIDGE, NE 69022-8416 |
| Occupancy | Owner Occupied |
| Owner Type | Company |
| Vesting | Trust, Revocable Trust |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 2 Names on Deed |
|---|---|
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Distribution |
|---|---|
| Jurisdiction | RED WILLOW NE |
| Recording Date | Sep 18, 2026 |
| Property Address | 40757 ROAD 721, CAMBRIDGE, NE 69022-8416 |
| Document Number | 0000001272 |
| Instrument Date | Sep 11, 2026 |
| Instrument | 20261272 |
| Transaction Type | Transfer |
| Record Updated | Sep 30, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
The 2025 property tax bill for 40757 Rd 721 was $2,571, down 1.9% from the year before.
Source: Red Willow County assessment roll, as of June 25, 2026
| Type | Name |
|---|---|
| State | Nebraska |
| County | Red Willow County |
| Unified School District | Cambridge Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $324,827 (-) Land $254,881 Building $69,946 | $388,547 (+19.62%) Land $318,601 Building $69,946 | |
| 2025 | $2,571.00 (-1.95%) | $324,827 Land $254,881 Building $69,946 | $324,827 Land $254,881 Building $69,946 |
| 2024 | $2,622.00 (-19.99%) | ||
| 2023 | $3,277.00 | $262,241 Land $198,150 Building $64,091 | $262,241 Land $198,150 Building $64,091 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 40757 Rd 721 in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2008.
Source: FEMA National Flood Hazard Layer, effective November 16, 2011 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 2 in force |
| Nearby Flood Claims | 1 (2008) |
| Most Recent Claim | May 2008 · Severe Storms, Tornadoes, And Flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 40757 Rd 721 is low, with a 0.03% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 82% of Nebraska |
|---|---|
| Wildfire Likelihood | 0.03% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 2 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Pinpoint Communications Fiber | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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