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1118 S 55th St; Omaha, NE Property Details

1118 S 55th St, Omaha, NE is a Single Family that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 1118 S 55th St has 3 bedrooms, and 2 bathrooms, and a total of 1,542 square feet. The lot size of 1118 S 55th St is 5,292 square feet.

Off market
1118 S 55th St Omaha, NE 68106
$314,800 Estimated Value
3 Beds
2 Baths
1,542 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $41,000
  • Est. Equity / %: $305,000 / 100%
  • Gross Yield: 13.975%
  • APN: 2396-0000-07
  • Situs County: Douglas
  • Length Of Ownership: 13 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,542/SqFt
  • Lot: 5,292/SqFt
  • Gross: 3,404/SqFt
  • Garage: 240/SqFt
  • Living: 1,542/SqFt
  • Basement: 1,542/SqFt
  • Building: 3,324/SqFt
  • Ground: 1,542/SqFt
  • Garage Unfinished: 240/SqFt
  • Price Per Square Foot: $26.59

Legal Description

  • Description: BROOKLINE HILL LOT 48 BLOCK 0 VAC ALLEY & 42 X 120
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: 41.248253 / -95.99835
  • Subdivision: Brookline Hill
  • Property Class: Residential
  • Zoning: R435
  • County Use Code: 351

Amenities

  • Plus Four: 1708
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1118 S 55th St has no associated ownership info
1118 S 55th St has no associated ownership info.

Taxes

1118 S 55th St has 10 associated Taxes items

1118 S 55th 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 $314,800. The APN we've located for 1118 S 55th St is 2396-0000-07.

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Taxes
  • Assessed Value:  $314,800
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  2396-0000-07
  • Assessed Land Value:  21300
  • Market Land Value:  21300
  • Tax Amount:  5107.08
  • Tax Year:  2024
  • Market Value:  314800
  • Market Year:  2025

Tax History

1118 S 55th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $314,800 Land Value $21,300 Improvement Value $293,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,107.08 Change Rate -0.217123% Assessed CR Tax Rate
Year 2023 Assessed Value $309,200 Land Value $21,300 Improvement Value $287,900 Tax Amount $6,523.48 Change Rate -0.01163% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $309,200 Land Value $21,300 Improvement Value $287,900 Tax Amount $6,600.24 Change Rate +0.297696% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $240,300 Land Value $21,300 Improvement Value $219,000 Tax Amount $5,086.12 Change Rate -0.011375% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $240,300 Land Value $21,300 Improvement Value $219,000 Tax Amount $5,144.64 Change Rate +0.309942% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $182,900 Land Value $21,300 Improvement Value $161,600 Tax Amount $3,927.38 Change Rate +0.401795% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $130,300 Land Value $17,700 Improvement Value $112,600 Tax Amount $2,801.68 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $98,900 Land Value $17,700 Improvement Value $81,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $9,100 Land Value $9,100 Improvement Value Tax Amount $195.28 Change Rate Assessed CR Tax Rate +0.021459%
Year 2015 Assessed Value $9,100 Land Value $9,100 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $93,500 Land Value $9,100 Improvement Value $84,400 Tax Amount $1,979.46 Change Rate Assessed CR Tax Rate +0.021171%