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516 S 116th St; Omaha, NE Property Details

516 S 116th St, Omaha, NE is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 516 S 116th St has 4 bedrooms, and 2 bathrooms, and a total of 2,502 square feet. The lot size of 516 S 116th St is 13,936 square feet.

Off market
516 S 116th St Omaha, NE 68154
$298,800 Estimated Value
4 Beds
2 Baths
2,502 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1963
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $257,282
  • Est. Equity / %: $105,718 / 29.12%
  • Gross Yield: 9.931%
  • APN: 3431-0568-17
  • Situs County: Douglas
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

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: 2,502/SqFt
  • Lot: 13,936/SqFt
  • Gross: 3,591/SqFt
  • Garage: 528/SqFt
  • Living: 2,502/SqFt
  • Basement: 1,673/SqFt
  • Building: 3,441/SqFt
  • Ground: 1,768/SqFt
  • Basement Finished: 734/SqFt
  • Garage Unfinished: 528/SqFt
  • Basement Unfinished: 939/SqFt
  • Price Per Square Foot: $129.90

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 14 BLOCK 4 104.65 X 134.65
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: 41.254726 / -96.09497
  • Subdivision: Meadow Lane 2nd Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 3109
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

516 S 116th St has no associated ownership info
516 S 116th St has no associated ownership info.

Taxes

516 S 116th St has 10 associated Taxes items

516 S 116th 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 $298,800. The APN we've located for 516 S 116th St is 3431-0568-17.

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Taxes
  • Assessed Value:  $298,800
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0568-17
  • Assessed Land Value:  34200
  • Market Land Value:  34200
  • Tax Amount:  4671.68
  • Tax Year:  2024
  • Market Value:  298800
  • Market Year:  2025

Tax History

516 S 116th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $298,800 Land Value $34,200 Improvement Value $264,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $288,900 Land Value $34,200 Improvement Value $254,700 Tax Amount $4,671.68 Change Rate -0.233548% Assessed CR Tax Rate +0.016171%
Year 2023 Assessed Value $288,900 Land Value $34,200 Improvement Value $254,700 Tax Amount $6,095.2 Change Rate +0.225491% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $233,000 Land Value $34,200 Improvement Value $198,800 Tax Amount $4,973.68 Change Rate +0.100128% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $213,600 Land Value $34,200 Improvement Value $179,400 Tax Amount $4,521 Change Rate -0.043612% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $220,800 Land Value $34,200 Improvement Value $186,600 Tax Amount $4,727.16 Change Rate -0.002957% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $220,800 Land Value $34,200 Improvement Value $186,600 Tax Amount $4,741.18 Change Rate +0.245071% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $177,100 Land Value $34,200 Improvement Value $142,900 Tax Amount $3,807.96 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $177,100 Land Value $34,200 Improvement Value $142,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $184,300 Land Value $21,400 Improvement Value $162,900 Tax Amount $3,954.72 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $172,200 Land Value $20,000 Improvement Value $152,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $172,200 Land Value $20,000 Improvement Value $152,200 Tax Amount $3,645.58 Change Rate Assessed CR Tax Rate +0.021171%