Taxes
- Assessed Value: $456,000
- Assessed Year: 2025
- Assessed County: Douglas
- APN: 2445-0000-22
- Assessed Land Value: 46900
- Market Land Value: 46900
- Tax Amount: 7624.68
- Tax Year: 2025
- Market Value: 456000
- Market Year: 2025
1506 S 118th St; Omaha, NE Property Details
Off market
1506 S 118th St Omaha, NE 68144
$495,000 Listing Price
3 Beds
2.5 Baths
3,027 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1960
- Purchase Price: $495,000
- Open Loans / Balance: 1 / $349,350
- Est. Equity / %: $149,650 / 29.99%
- Gross Yield: 8.484%
- APN: 2445-0000-22
- Situs County: Douglas
- Length Of Ownership: 4 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Combination
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Very Good
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 3,027/SqFt
- Lot: 17,854/SqFt
- Gross: 3,665/SqFt
- Garage: 484/SqFt
- Living: 3,027/SqFt
- Basement: 1,362/SqFt
- Building: 3,611/SqFt
- Ground: 1,765/SqFt
- Basement Finished: 1,262/SqFt
- Garage Unfinished: 484/SqFt
- Basement Unfinished: 100/SqFt
- Price Per Square Foot: $163.53
Legal Description
- Description: SKYLARK HEIGHTS ADD LOT 213 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: 41.244034 / -96.09791
- Subdivision: Skylark Heights Add
- Property Class: Residential
- Zoning: R2
- County Use Code: 351
Amenities
- Plus Four: 1625
- 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
1506 S 118th St has no associated ownership info
1506 S 118th St has no associated ownership info.
Taxes
1506 S 118th St has 10 associated Taxes items
1506 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 $456,000. The APN we've located for 1506 S 118th St is 2445-0000-22.
Unlock the full reportTax History
1506 S 118th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $456,000 | Land Value $46,900 | Improvement Value $409,100 | Tax Amount $7,624.68 | Change Rate +0.010794% | Assessed CR | Tax Rate +0.016721% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,543.26 | Change Rate -0.103696% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $398,900 | Land Value $46,900 | Improvement Value $352,000 | Tax Amount $8,415.96 | Change Rate +0.23942% | Assessed CR | Tax Rate +0.021098% |
| Year 2022 | Assessed Value $318,100 | Land Value $46,900 | Improvement Value $271,200 | Tax Amount $6,790.24 | Change Rate +0.008528% | Assessed CR | Tax Rate +0.021346% |
| Year 2021 | Assessed Value $318,100 | Land Value $46,900 | Improvement Value $271,200 | Tax Amount $6,732.82 | Change Rate +0.047923% | Assessed CR | Tax Rate +0.021166% |
| Year 2020 | Assessed Value $300,100 | Land Value $46,900 | Improvement Value $253,200 | Tax Amount $6,424.92 | Change Rate +0.557587% | Assessed CR | Tax Rate +0.021409% |
| Year 2019 | Assessed Value $192,100 | Land Value $46,900 | Improvement Value $145,200 | Tax Amount $4,124.92 | Change Rate +0.072935% | Assessed CR | Tax Rate +0.021473% |
| Year 2018 | Assessed Value $178,800 | Land Value $46,900 | Improvement Value $131,900 | Tax Amount $3,844.52 | Change Rate | Assessed CR | Tax Rate +0.021502% |
| Year 2017 | Assessed Value $178,800 | Land Value $46,900 | Improvement Value $131,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $192,300 | Land Value $28,800 | Improvement Value $163,500 | Tax Amount $4,126.38 | Change Rate | Assessed CR | Tax Rate +0.021458% |
| Year 2015 | Assessed Value $179,700 | Land Value $26,900 | Improvement Value $152,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $179,700 | Land Value $26,900 | Improvement Value $152,800 | Tax Amount $3,804.34 | Change Rate | Assessed CR | Tax Rate +0.021171% |