Taxes
- Assessed Value: $214,800
- Assessed Year: 2025
- Assessed County: Douglas
- APN: 2258-0007-14
- Market Value: 214800
- Market Year: 2025
119 S 40th St; Omaha, NE Property Details
Off market
119 S 40th St Omaha, NE 68131
$214,800 Estimated Value
3,207 SqFt
Property Type
RestaurantProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1980
- Open Loans / Balance: 1 / $365,990
- APN: 2258-0007-14
- Situs County: Douglas
Structure
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Type: Flat
Measurements
- Total: 3,207/SqFt
- Lot: 21,018/SqFt
- Gross: 3,207/SqFt
- Living: 3,207/SqFt
- Building: 3,207/SqFt
- Ground: 3,207/SqFt
Legal Description
- Description: JEROME PARK LOT 15 BLOCK 2 ALL LOTS 13 THRU 15 BLK 2 --EXCESS VALUE--
Building Insights
Land Information
- Property Type: Restaurant
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Omaha Public Schools
- Lat / Lon: 41.259007 / -95.97294
- Subdivision: Jerome Park
- Property Class: Commercial
- Zoning: GC
- County Use Code: 350
Amenities
- Plus Four: 3003
- Cooling: Central
- Heating: Yes
Ownership Info
119 S 40th St has no associated ownership info
119 S 40th St has no associated ownership info.
Taxes
119 S 40th St has 6 associated Taxes items
119 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 $214,800. The APN we've located for 119 S 40th St is 2258-0007-14.
Unlock the full reportTax History
119 S 40th St has 9 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $214,800 | Land Value | Improvement Value $214,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $402,200 | Land Value $227,000 | Improvement Value $175,200 | Tax Amount $8,512.86 | Change Rate +0.049421% | Assessed CR | Tax Rate +0.021166% |
| Year 2020 | Assessed Value $378,900 | Land Value $227,000 | Improvement Value $151,900 | Tax Amount $8,111.96 | Change Rate -0.002957% | Assessed CR | Tax Rate +0.021409% |
| Year 2019 | Assessed Value $378,900 | Land Value $227,000 | Improvement Value $151,900 | Tax Amount $8,136.02 | Change Rate -0.001348% | Assessed CR | Tax Rate +0.021473% |
| Year 2018 | Assessed Value $378,900 | Land Value $227,000 | Improvement Value $151,900 | Tax Amount $8,147 | Change Rate | Assessed CR | Tax Rate +0.021502% |
| Year 2017 | Assessed Value $337,900 | Land Value $189,200 | Improvement Value $148,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $337,900 | Land Value $189,200 | Improvement Value $148,700 | Tax Amount $7,250.66 | Change Rate | Assessed CR | Tax Rate +0.021458% |
| Year 2015 | Assessed Value $303,100 | Land Value $189,200 | Improvement Value $113,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $303,100 | Land Value $189,200 | Improvement Value $113,900 | Tax Amount $6,416.78 | Change Rate | Assessed CR | Tax Rate +0.021171% |