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1242 S 116th Ave; Omaha, NE Property Details

1242 S 116th Ave, Omaha, NE is a Single Family that was built in 1964. This property is currently a cash purchase and is not for sale. Our records show that 1242 S 116th Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 3,965 square feet. The lot size of 1242 S 116th Ave is 30,400 square feet.

Off market
1242 S 116th Ave Omaha, NE 68144
$642,200 Estimated Value
4 Beds
3.5 Baths
3,965 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1964
  • Purchase Price: $315,000
  • Open Loans / Balance: 1 / $175,653
  • Est. Equity / %: $469,347 / 72.77%
  • Gross Yield: 8.562%
  • APN: 2267-0000-22
  • Situs County: Douglas
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 3,965/SqFt
  • Lot: 30,400/SqFt
  • Gross: 5,978/SqFt
  • Garage: 1/SqFt
  • Living: 3,965/SqFt
  • Basement: 2,933/SqFt
  • Building: 5,898/SqFt
  • Ground: 2,965/SqFt
  • Basement Finished: 1,000/SqFt
  • Basement Unfinished: 1,933/SqFt
  • Price Per Square Foot: $79.45

Legal Description

  • Description: SKYLARK HEIGHTS ADD LOT 35 BLOCK 0 IRREG
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: 41.24586 / -96.095184
  • Subdivision: Skylark Heights Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 1718
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1242 S 116th Ave has no associated ownership info
1242 S 116th Ave has no associated ownership info.

Taxes

1242 S 116th Ave has 10 associated Taxes items

1242 S 116th Ave, 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 $642,200. The APN we've located for 1242 S 116th Ave is 2267-0000-22.

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Taxes
  • Assessed Value:  $642,200
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  2267-0000-22
  • Assessed Land Value:  62600
  • Market Land Value:  62600
  • Tax Amount:  10720.08
  • Tax Year:  2024
  • Market Value:  642200
  • Market Year:  2025

Tax History

1242 S 116th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $642,200 Land Value $62,600 Improvement Value $579,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $642,200 Land Value $62,600 Improvement Value $579,600 Tax Amount $10,720.08 Change Rate -0.040034% Assessed CR Tax Rate +0.016693%
Year 2023 Assessed Value $529,300 Land Value $62,600 Improvement Value $466,700 Tax Amount $11,167.14 Change Rate +0.176663% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $444,600 Land Value $62,600 Improvement Value $382,000 Tax Amount $9,490.52 Change Rate +0.008527% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $444,600 Land Value $62,600 Improvement Value $382,000 Tax Amount $9,410.28 Change Rate +0.321932% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $332,500 Land Value $62,600 Improvement Value $269,900 Tax Amount $7,118.58 Change Rate -0.002955% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $332,500 Land Value $62,600 Improvement Value $269,900 Tax Amount $7,139.68 Change Rate +0.04124% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $318,900 Land Value $62,600 Improvement Value $256,300 Tax Amount $6,856.9 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $318,900 Land Value $62,600 Improvement Value $256,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $354,400 Land Value $35,800 Improvement Value $318,600 Tax Amount $7,604.72 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $331,300 Land Value $33,500 Improvement Value $297,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $331,300 Land Value $33,500 Improvement Value $297,800 Tax Amount $7,013.8 Change Rate Assessed CR Tax Rate +0.021171%