Taxes
- Assessed Value: $418,600
- Assessed Year: 2025
- Assessed County: Douglas
- APN: 3431-0618-17
- Assessed Land Value: 33600
- Market Land Value: 33600
- Tax Amount: 6579.9
- Tax Year: 2024
- Market Value: 418600
- Market Year: 2025
518 S 118th St; Omaha, NE Property Details
Off market
518 S 118th St Omaha, NE 68154
$418,600 Estimated Value
4 Beds
2.5 Baths
3,788 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1965
- Purchase Price: $218,000
- Open Loans / Balance: 2 / $89,229
- Est. Equity / %: $381,771 / 81.06%
- Gross Yield: 7.618%
- APN: 3431-0618-17
- Situs County: Douglas
- Length Of Ownership: 23 years, 1 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Combination
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable Or Hip
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 3,788/SqFt
- Lot: 11,200/SqFt
- Gross: 4,992/SqFt
- Garage: 538/SqFt
- Living: 3,788/SqFt
- Basement: 1,489/SqFt
- Building: 4,647/SqFt
- Basement Finished: 1,168/SqFt
- Garage Unfinished: 538/SqFt
- Basement Unfinished: 321/SqFt
- Price Per Square Foot: $57.55
Legal Description
- Description: MEADOW LANE 2ND ADD LOT 5 BLOCK 6 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: 41.254715 / -96.09841
- Subdivision: Meadow Lane 2nd Add
- Property Class: Residential
- Zoning: R2
- County Use Code: 351
Amenities
- Plus Four: 3111
- Bathroom Fixtures: 3
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Heat Pump
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
518 S 118th St has no associated ownership info
518 S 118th St has no associated ownership info.
Taxes
518 S 118th St has 10 associated Taxes items
518 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 $418,600. The APN we've located for 518 S 118th St is 3431-0618-17.
Unlock the full reportTax History
518 S 118th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $418,600 | Land Value $33,600 | Improvement Value $385,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $406,900 | Land Value $33,600 | Improvement Value $373,300 | Tax Amount $6,579.9 | Change Rate -0.233535% | Assessed CR | Tax Rate +0.016171% |
| Year 2023 | Assessed Value $406,900 | Land Value $33,600 | Improvement Value $373,300 | Tax Amount $8,584.74 | Change Rate +0.209163% | Assessed CR | Tax Rate +0.021098% |
| Year 2022 | Assessed Value $332,600 | Land Value $33,600 | Improvement Value $299,000 | Tax Amount $7,099.74 | Change Rate +0.174081% | Assessed CR | Tax Rate +0.021346% |
| Year 2021 | Assessed Value $285,700 | Land Value $33,600 | Improvement Value $252,100 | Tax Amount $6,047.06 | Change Rate +0.018943% | Assessed CR | Tax Rate +0.021166% |
| Year 2020 | Assessed Value $277,200 | Land Value $33,600 | Improvement Value $243,600 | Tax Amount $5,934.64 | Change Rate -0.002957% | Assessed CR | Tax Rate +0.021409% |
| Year 2019 | Assessed Value $277,200 | Land Value $33,600 | Improvement Value $243,600 | Tax Amount $5,952.24 | Change Rate +0.103771% | Assessed CR | Tax Rate +0.021473% |
| Year 2018 | Assessed Value $250,800 | Land Value $33,600 | Improvement Value $217,200 | Tax Amount $5,392.64 | Change Rate | Assessed CR | Tax Rate +0.021502% |
| Year 2017 | Assessed Value $250,800 | Land Value $33,600 | Improvement Value $217,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $256,500 | Land Value $19,300 | Improvement Value $237,200 | Tax Amount $5,503.98 | Change Rate | Assessed CR | Tax Rate +0.021458% |
| Year 2015 | Assessed Value $239,700 | Land Value $18,000 | Improvement Value $221,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $239,700 | Land Value $18,000 | Improvement Value $221,700 | Tax Amount $5,074.58 | Change Rate +0.006841% | Assessed CR | Tax Rate +0.021171% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $5,040.1 | Change Rate | Assessed CR | Tax Rate |