Taxes
- Assessed Value: $347,700
- Assessed Year: 2025
- Assessed County: Douglas
- APN: 3431-0584-17
- Assessed Land Value: 34000
- Market Land Value: 34000
- Tax Amount: 5328.28
- Tax Year: 2024
- Market Value: 347700
- Market Year: 2025
507 S 118th St; Omaha, NE Property Details
Off market
507 S 118th St Omaha, NE 68154
$180,000 Listing Price
3 Beds
2.5 Baths
2,642 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1964
- Purchase Price: $180,000
- Open Loans / Balance: 1 / $105,100
- Est. Equity / %: $310,900 / 74.74%
- Gross Yield: 8.331%
- APN: 3431-0584-17
- Situs County: Douglas
- Length Of Ownership: 13 years, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- 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: Average
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,642/SqFt
- Lot: 13,130/SqFt
- Gross: 3,909/SqFt
- Garage: 1/SqFt
- Living: 2,642/SqFt
- Basement: 1,877/SqFt
- Building: 3,769/SqFt
- Ground: 1,892/SqFt
- Basement Finished: 750/SqFt
- Basement Unfinished: 1,127/SqFt
- Price Per Square Foot: $68.13
Legal Description
- Description: MEADOW LANE 2ND ADD LOT 7 BLOCK 5 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: 41.25471 / -96.09769
- Subdivision: Meadow Lane 2nd Add
- Property Class: Residential
- Zoning: R2
- County Use Code: 351
Amenities
- Plus Four: 3110
- Bathroom Fixtures: 3
- Cooling: Central
- Fireplaces: 1
- Garage: Underground/Basement
- Heating: Central
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
507 S 118th St has no associated ownership info
507 S 118th St has no associated ownership info.
Taxes
507 S 118th St has 10 associated Taxes items
507 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 $347,700. The APN we've located for 507 S 118th St is 3431-0584-17.
Unlock the full reportTax History
507 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 $347,700 | Land Value $34,000 | Improvement Value $313,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $329,500 | Land Value $34,000 | Improvement Value $295,500 | Tax Amount $5,328.28 | Change Rate -0.233537% | Assessed CR | Tax Rate +0.016171% |
| Year 2023 | Assessed Value $329,500 | Land Value $34,000 | Improvement Value $295,500 | Tax Amount $6,951.78 | Change Rate +0.179103% | Assessed CR | Tax Rate +0.021098% |
| Year 2022 | Assessed Value $276,200 | Land Value $34,000 | Improvement Value $242,200 | Tax Amount $5,895.82 | Change Rate +0.095381% | Assessed CR | Tax Rate +0.021346% |
| Year 2021 | Assessed Value $254,300 | Land Value $34,000 | Improvement Value $220,300 | Tax Amount $5,382.44 | Change Rate +0.027831% | Assessed CR | Tax Rate +0.021166% |
| Year 2020 | Assessed Value $244,600 | Land Value $34,000 | Improvement Value $210,600 | Tax Amount $5,236.7 | Change Rate -0.002959% | Assessed CR | Tax Rate +0.021409% |
| Year 2019 | Assessed Value $244,600 | Land Value $34,000 | Improvement Value $210,600 | Tax Amount $5,252.24 | Change Rate +0.121535% | Assessed CR | Tax Rate +0.021473% |
| Year 2018 | Assessed Value $217,800 | Land Value $34,000 | Improvement Value $183,800 | Tax Amount $4,683.08 | Change Rate | Assessed CR | Tax Rate +0.021502% |
| Year 2017 | Assessed Value $217,800 | Land Value $34,000 | Improvement Value $183,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $212,000 | Land Value $20,900 | Improvement Value $191,100 | Tax Amount $4,549.1 | Change Rate | Assessed CR | Tax Rate +0.021458% |
| Year 2015 | Assessed Value $198,100 | Land Value $19,500 | Improvement Value $178,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $198,100 | Land Value $19,500 | Improvement Value $178,600 | Tax Amount $4,193.88 | Change Rate | Assessed CR | Tax Rate +0.021171% |