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1318 N 42nd St; Omaha, NE Property Details

1318 N 42nd St, Omaha, NE is a Single Family that was built in 1905. This property is currently a cash purchase and is not for sale. Our records show that 1318 N 42nd St has 3 bedrooms, and 1 bathroom, and a total of 1,328 square feet. The lot size of 1318 N 42nd St is 4,900 square feet.

Off market
1318 N 42nd St Omaha, NE 68131
$131,500 Estimated Value
3 Beds
1 Baths
1,328 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1905
  • Purchase Price: $33,000
  • Open Loans: 1
  • Est. Equity / %: $219,000 / 100%
  • Gross Yield: 9.764%
  • APN: 0878-0000-24
  • Situs County: Douglas
  • Length Of Ownership: 11 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,328/SqFt
  • Lot: 4,900/SqFt
  • Gross: 2,264/SqFt
  • Garage: 224/SqFt
  • Living: 1,328/SqFt
  • Basement: 816/SqFt
  • Building: 2,144/SqFt
  • Garage Unfinished: 224/SqFt
  • Price Per Square Foot: $24.85

Legal Description

  • Description: WALNUT HILL LOT 2 BLOCK 24 S 49 N 98 FT LTS 1 & 49 X 100
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: 41.271866 / -95.9764
  • Subdivision: Walnut Hill
  • Property Class: Residential
  • Zoning: R435
  • County Use Code: 351

Amenities

  • Plus Four: 1029
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

Ownership Info

1318 N 42nd St has no associated ownership info
1318 N 42nd St has no associated ownership info.

Taxes

1318 N 42nd St has 10 associated Taxes items

1318 N 42nd 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 $131,500. The APN we've located for 1318 N 42nd St is 0878-0000-24.

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Taxes
  • Assessed Value:  $131,500
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  0878-0000-24
  • Assessed Land Value:  5000
  • Market Land Value:  5000
  • Tax Amount:  2198.78
  • Tax Year:  2025
  • Market Value:  131500
  • Market Year:  2025

Tax History

1318 N 42nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,500 Land Value $5,000 Improvement Value $126,500 Tax Amount $2,198.78 Change Rate -0.029073% Assessed CR Tax Rate +0.016721%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,264.62 Change Rate +0.262795% Assessed CR Tax Rate
Year 2023 Assessed Value $85,000 Land Value $5,000 Improvement Value $80,000 Tax Amount $1,793.34 Change Rate -0.011629% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $85,000 Land Value $5,000 Improvement Value $80,000 Tax Amount $1,814.44 Change Rate +0.008538% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $85,000 Land Value $5,000 Improvement Value $80,000 Tax Amount $1,799.08 Change Rate +0.120433% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $75,000 Land Value $5,000 Improvement Value $70,000 Tax Amount $1,605.7 Change Rate -0.002968% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $75,000 Land Value $5,000 Improvement Value $70,000 Tax Amount $1,610.48 Change Rate +0.033087% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $72,500 Land Value $11,800 Improvement Value $60,700 Tax Amount $1,558.9 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $67,500 Land Value $5,600 Improvement Value $61,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $62,700 Land Value $5,600 Improvement Value $57,100 Tax Amount $1,345.42 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $62,700 Land Value $5,600 Improvement Value $57,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $62,700 Land Value $5,600 Improvement Value $57,100 Tax Amount Change Rate Assessed CR Tax Rate