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1024 S 40th St; Omaha, NE Property Details

1024 S 40th St, Omaha, NE is a Single Family that was built in 1895. This property is currently a cash purchase and is not for sale. Our records show that 1024 S 40th St has 3 bedrooms, and 2 bathrooms, and a total of 1,831 square feet. The lot size of 1024 S 40th St is 6,110 square feet.

Off market
1024 S 40th St Omaha, NE 68105
$190,000 Listing Price
3 Beds
2 Baths
1,831 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1895
  • Purchase Price: $46,000
  • Est. Equity / %: $267,000 / 100%
  • Gross Yield: 10.099%
  • APN: 2516-0000-23
  • Situs County: Douglas
  • Length Of Ownership: 7 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,831/SqFt
  • Lot: 6,110/SqFt
  • Gross: 3,347/SqFt
  • Garage: 575/SqFt
  • Living: 1,831/SqFt
  • Basement: 1,636/SqFt
  • Building: 3,227/SqFt
  • Basement Finished: 240/SqFt
  • Garage Unfinished: 575/SqFt
  • Basement Unfinished: 1,396/SqFt
  • Price Per Square Foot: $25.12

Legal Description

  • Description: THORNBURG PLACE LOT 7 BLOCK 5 47 3/8 X 130
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Omaha Public Schools
  • Lat / Lon: 41.249046 / -95.97372
  • Subdivision: Thornburg Place
  • Property Class: Residential
  • Zoning: R435
  • County Use Code: 351

Amenities

  • Plus Four: 1829
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $35
  • H O A Amount: $35
  • H O A One Name: Wood Creek Townhome Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

1024 S 40th St has no associated ownership info
1024 S 40th St has no associated ownership info.

Taxes

1024 S 40th St has 10 associated Taxes items

1024 S 40th St, Omaha, NE pays taxes in Douglas County, NE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $130,700. The APN we've located for 1024 S 40th St is 2516-0000-23.

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Taxes
  • Assessed Value:  $130,700
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  2516-0000-23
  • Assessed Land Value:  22800
  • Market Land Value:  22800
  • Tax Amount:  1845.08
  • Tax Year:  2024
  • Market Value:  130700
  • Market Year:  2025

Tax History

1024 S 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $130,700 Land Value $22,800 Improvement Value $107,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $114,100 Land Value $22,800 Improvement Value $91,300 Tax Amount $1,845.08 Change Rate -0.233542% Assessed CR Tax Rate +0.016171%
Year 2023 Assessed Value $114,100 Land Value $22,800 Improvement Value $91,300 Tax Amount $2,407.28 Change Rate +0.137968% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $99,100 Land Value $18,500 Improvement Value $80,600 Tax Amount $2,115.42 Change Rate +0.008534% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $99,100 Land Value $18,500 Improvement Value $80,600 Tax Amount $2,097.52 Change Rate +0.22619% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $79,900 Land Value $18,500 Improvement Value $61,400 Tax Amount $1,710.6 Change Rate -0.117793% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $90,300 Land Value $18,500 Improvement Value $71,800 Tax Amount $1,939 Change Rate -0.134568% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $104,200 Land Value $18,500 Improvement Value $85,700 Tax Amount $2,240.5 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $104,200 Land Value $18,500 Improvement Value $85,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $92,000 Land Value $6,300 Improvement Value $85,700 Tax Amount $1,974.14 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $92,000 Land Value $6,300 Improvement Value $85,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $92,000 Land Value $6,300 Improvement Value $85,700 Tax Amount $1,947.68 Change Rate Assessed CR Tax Rate +0.02117%