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1221 S 118th St; Omaha, NE Property Details

1221 S 118th St, Omaha, NE is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 1221 S 118th St has 3 bedrooms, and 3 bathrooms, and a total of 2,781 square feet. The lot size of 1221 S 118th St is 22,500 square feet.

Off market
1221 S 118th St Omaha, NE 68144
$476,000 Listing Price
3 Beds
3 Baths
2,781 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $476,000
  • Open Loans / Balance: 1 / $340,084
  • Est. Equity / %: $211,916 / 38.39%
  • Gross Yield: 9.072%
  • APN: 2246-0000-22
  • Situs County: Douglas
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Very Good
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Pool Type: In-Ground Pool
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,781/SqFt
  • Lot: 22,500/SqFt
  • Gross: 3,925/SqFt
  • Garage: 529/SqFt
  • Living: 2,781/SqFt
  • Basement: 1,617/SqFt
  • Building: 3,763/SqFt
  • Ground: 1,617/SqFt
  • Basement Finished: 1,164/SqFt
  • Garage Unfinished: 529/SqFt
  • Basement Unfinished: 453/SqFt
  • Price Per Square Foot: $171.16

Legal Description

  • Description: SKYLARK HEIGHTS ADD LOT 14 BLOCK 0 150 X 150
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: 41.24681 / -96.09711
  • Subdivision: Skylark Heights Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Pool: true
  • Plus Four: 1619
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1221 S 118th St has no associated ownership info
1221 S 118th St has no associated ownership info.

Taxes

1221 S 118th St has 10 associated Taxes items

1221 S 118th 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 $513,300. The APN we've located for 1221 S 118th St is 2246-0000-22.

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Taxes
  • Assessed Value:  $513,300
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  2246-0000-22
  • Assessed Land Value:  53200
  • Market Land Value:  53200
  • Tax Amount:  8685.16
  • Tax Year:  2024
  • Market Value:  513300
  • Market Year:  2025

Tax History

1221 S 118th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $513,300 Land Value $53,200 Improvement Value $460,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $513,300 Land Value $53,200 Improvement Value $460,100 Tax Amount $8,685.16 Change Rate +0.07287% Assessed CR Tax Rate +0.01692%
Year 2023 Assessed Value $383,700 Land Value $53,200 Improvement Value $330,500 Tax Amount $8,095.26 Change Rate +0.222949% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $310,100 Land Value $53,200 Improvement Value $256,900 Tax Amount $6,619.46 Change Rate +0.008526% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $310,100 Land Value $53,200 Improvement Value $256,900 Tax Amount $6,563.5 Change Rate +0.215116% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $252,300 Land Value $53,200 Improvement Value $199,100 Tax Amount $5,401.54 Change Rate -0.002961% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $252,300 Land Value $53,200 Improvement Value $199,100 Tax Amount $5,417.58 Change Rate +0.167019% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $215,900 Land Value $53,200 Improvement Value $162,700 Tax Amount $4,642.24 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $216,000 Land Value $53,200 Improvement Value $162,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $217,400 Land Value $32,800 Improvement Value $184,600 Tax Amount $4,664.98 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $203,200 Land Value $30,700 Improvement Value $172,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $203,200 Land Value $30,700 Improvement Value $172,500 Tax Amount $4,301.86 Change Rate Assessed CR Tax Rate +0.021171%