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523 S 116th St; Omaha, NE Property Details

523 S 116th St, Omaha, NE is a Single Family that was built in 1965. This property is currently a cash purchase and is not for sale. Our records show that 523 S 116th St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,692 square feet. The lot size of 523 S 116th St is 14,500 square feet.

Off market
523 S 116th St Omaha, NE 68154
$354,100 Estimated Value
4 Beds
2.5 Baths
2,692 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $253,000
  • Est. Equity / %: $504,000 / 100%
  • Gross Yield: 6.75%
  • APN: 3431-0506-17
  • Situs County: Douglas
  • Length Of Ownership: 14 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,692/SqFt
  • Lot: 14,500/SqFt
  • Gross: 3,443/SqFt
  • Garage: 552/SqFt
  • Living: 2,692/SqFt
  • Basement: 599/SqFt
  • Building: 3,443/SqFt
  • Ground: 2,292/SqFt
  • Basement Finished: 400/SqFt
  • Garage Unfinished: 552/SqFt
  • Basement Unfinished: 199/SqFt
  • Price Per Square Foot: $93.98

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 4 BLOCK 1 100 X 145
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: 41.254185 / -96.094536
  • Subdivision: Meadow Lane 2nd Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 3108
  • 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

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

Taxes

523 S 116th St has 10 associated Taxes items

523 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 $354,100. The APN we've located for 523 S 116th St is 3431-0506-17.

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Taxes
  • Assessed Value:  $354,100
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0506-17
  • Assessed Land Value:  34300
  • Market Land Value:  34300
  • Tax Amount:  5295.84
  • Tax Year:  2024
  • Market Value:  354100
  • Market Year:  2025

Tax History

523 S 116th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $354,100 Land Value $34,300 Improvement Value $319,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $327,500 Land Value $34,300 Improvement Value $293,200 Tax Amount $5,295.84 Change Rate -0.233551% Assessed CR Tax Rate +0.016171%
Year 2023 Assessed Value $327,500 Land Value $34,300 Improvement Value $293,200 Tax Amount $6,909.58 Change Rate +0.168556% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $277,000 Land Value $34,300 Improvement Value $242,700 Tax Amount $5,912.92 Change Rate +0.105946% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $252,600 Land Value $34,300 Improvement Value $218,300 Tax Amount $5,346.48 Change Rate +0.036646% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $240,900 Land Value $34,300 Improvement Value $206,600 Tax Amount $5,157.48 Change Rate -0.002958% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $240,900 Land Value $34,300 Improvement Value $206,600 Tax Amount $5,172.78 Change Rate +0.086604% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $221,400 Land Value $34,300 Improvement Value $187,100 Tax Amount $4,760.5 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $221,400 Land Value $34,300 Improvement Value $187,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $237,400 Land Value $21,800 Improvement Value $215,600 Tax Amount $5,094.14 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $221,900 Land Value $20,400 Improvement Value $201,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $221,900 Land Value $20,400 Improvement Value $201,500 Tax Amount $4,697.74 Change Rate Assessed CR Tax Rate +0.021171%