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120 N 40th St; Omaha, NE Property Details

120 N 40th St, Omaha, NE is a Single Family that was built in 1907. This property is currently Financed and is not for sale. Our records show that 120 N 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,264 square feet. The lot size of 120 N 40th St is 6,250 square feet.

Off market
120 N 40th St Omaha, NE 68131
$165,700 Estimated Value
3 Beds
1 Baths
1,264 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1907
  • Purchase Price: $60,000
  • Open Loans / Balance: 1 / $17,339
  • Est. Equity / %: $176,661 / 91.06%
  • Gross Yield: 11.858%
  • APN: 4481-0000-14
  • Situs County: Douglas
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,264/SqFt
  • Lot: 6,250/SqFt
  • Gross: 2,016/SqFt
  • Living: 1,264/SqFt
  • Basement: 640/SqFt
  • Building: 1,904/SqFt
  • Price Per Square Foot: $47.47

Legal Description

  • Description: KILBY PLACE LOT 6 BLOCK 5 50 X 125
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: 41.26036 / -95.97369
  • Subdivision: Kilby Place
  • Property Class: Residential
  • Zoning: R7
  • County Use Code: 351

Amenities

  • Plus Four: 2310
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Garage: Carport
  • Heating: Central

Ownership Info

120 N 40th St has no associated ownership info
120 N 40th St has no associated ownership info.

Taxes

120 N 40th St has 10 associated Taxes items

120 N 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 $165,700. The APN we've located for 120 N 40th St is 4481-0000-14.

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Taxes
  • Assessed Value:  $165,700
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  4481-0000-14
  • Assessed Land Value:  24000
  • Market Land Value:  24000
  • Tax Amount:  2632.58
  • Tax Year:  2024
  • Market Value:  165700
  • Market Year:  2025

Tax History

120 N 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $165,700 Land Value $24,000 Improvement Value $141,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,632.58 Change Rate -0.233543% Assessed CR Tax Rate
Year 2023 Assessed Value $162,800 Land Value $24,000 Improvement Value $138,800 Tax Amount $3,434.74 Change Rate +0.228281% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $131,000 Land Value $24,000 Improvement Value $107,000 Tax Amount $2,796.38 Change Rate +0.122494% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $117,700 Land Value $24,000 Improvement Value $93,700 Tax Amount $2,491.22 Change Rate -0.003751% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $116,800 Land Value $6,400 Improvement Value $110,400 Tax Amount $2,500.6 Change Rate -0.002959% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $116,800 Land Value $6,400 Improvement Value $110,400 Tax Amount $2,508.02 Change Rate +0.215032% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $96,000 Land Value $6,400 Improvement Value $89,600 Tax Amount $2,064.16 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $68,100 Land Value $6,400 Improvement Value $61,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $68,100 Land Value $6,400 Improvement Value $61,700 Tax Amount $1,461.3 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $68,100 Land Value $6,400 Improvement Value $61,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $68,100 Land Value $6,400 Improvement Value $61,700 Tax Amount $1,441.72 Change Rate Assessed CR Tax Rate +0.021171%