Taxes
- Assessed Value: $394,000
- Assessed Year: 2025
- Assessed County: Douglas
- APN: 3431-0586-17
- Assessed Land Value: 33400
- Market Land Value: 33400
- Tax Amount: 5553
- Tax Year: 2024
- Market Value: 394000
- Market Year: 2025
517 S 118th St; Omaha, NE Property Details
Off market
517 S 118th St Omaha, NE 68154
$403,825 Listing Price
4 Beds
3.5 Baths
2,656 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1965
- Purchase Price: $404,000
- Open Loans / Balance: 1 / $387,086
- Est. Equity / %: $61,914 / 13.79%
- Gross Yield: 7.903%
- APN: 3431-0586-17
- Situs County: Douglas
- Length Of Ownership: 3 years, 3 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 10
- 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: Hip
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,656/SqFt
- Lot: 10,400/SqFt
- Gross: 4,163/SqFt
- Garage: 1/SqFt
- Living: 2,656/SqFt
- Basement: 1,859/SqFt
- Building: 4,103/SqFt
- Ground: 2,244/SqFt
- Basement Finished: 412/SqFt
- Basement Unfinished: 1,447/SqFt
- Price Per Square Foot: $152.11
Legal Description
- Description: MEADOW LANE 2ND ADD LOT 8 BLOCK 5 80 X 130
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: 41.254486 / -96.09782
- Subdivision: Meadow Lane 2nd Add
- Property Class: Residential
- Zoning: R2
- County Use Code: 351
Amenities
- Plus Four: 3110
- 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
517 S 118th St has no associated ownership info
517 S 118th St has no associated ownership info.
Taxes
517 S 118th St has 10 associated Taxes items
517 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 $394,000. The APN we've located for 517 S 118th St is 3431-0586-17.
Unlock the full reportTax History
517 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 $394,000 | Land Value $33,400 | Improvement Value $360,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $343,400 | Land Value $33,400 | Improvement Value $310,000 | Tax Amount $5,553 | Change Rate -0.233542% | Assessed CR | Tax Rate +0.016171% |
| Year 2023 | Assessed Value $343,400 | Land Value $33,400 | Improvement Value $310,000 | Tax Amount $7,245.02 | Change Rate +0.178079% | Assessed CR | Tax Rate +0.021098% |
| Year 2022 | Assessed Value $288,100 | Land Value $33,400 | Improvement Value $254,700 | Tax Amount $6,149.86 | Change Rate +0.12141% | Assessed CR | Tax Rate +0.021346% |
| Year 2021 | Assessed Value $259,100 | Land Value $33,400 | Improvement Value $225,700 | Tax Amount $5,484.04 | Change Rate +0.025844% | Assessed CR | Tax Rate +0.021166% |
| Year 2020 | Assessed Value $249,700 | Land Value $33,400 | Improvement Value $216,300 | Tax Amount $5,345.88 | Change Rate -0.002958% | Assessed CR | Tax Rate +0.021409% |
| Year 2019 | Assessed Value $249,700 | Land Value $33,400 | Improvement Value $216,300 | Tax Amount $5,361.74 | Change Rate +0.111739% | Assessed CR | Tax Rate +0.021473% |
| Year 2018 | Assessed Value $224,300 | Land Value $33,400 | Improvement Value $190,900 | Tax Amount $4,822.84 | Change Rate | Assessed CR | Tax Rate +0.021502% |
| Year 2017 | Assessed Value $224,300 | Land Value $33,400 | Improvement Value $190,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $230,700 | Land Value $18,700 | Improvement Value $212,000 | Tax Amount $4,950.36 | Change Rate | Assessed CR | Tax Rate +0.021458% |
| Year 2015 | Assessed Value $215,600 | Land Value $17,500 | Improvement Value $198,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $215,600 | Land Value $17,500 | Improvement Value $198,100 | Tax Amount $4,564.36 | Change Rate | Assessed CR | Tax Rate +0.021171% |