Large Location Icon

524 S 118th St; Omaha, NE Property Details

524 S 118th St, Omaha, NE is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 524 S 118th St has 4 bedrooms, and 3.5 bathrooms, and a total of 3,260 square feet. The lot size of 524 S 118th St is 11,360 square feet.

Off market
524 S 118th St Omaha, NE 68154
$392,700 Estimated Value
4 Beds
3.5 Baths
3,260 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $229,000
  • Open Loans / Balance: 1 / $155,899
  • Est. Equity / %: $342,101 / 68.69%
  • Gross Yield: 7.395%
  • APN: 3431-0616-17
  • Situs County: Douglas
  • Length Of Ownership: 15 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • 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: 3,260/SqFt
  • Lot: 11,360/SqFt
  • Gross: 4,433/SqFt
  • Garage: 462/SqFt
  • Living: 3,260/SqFt
  • Basement: 1,287/SqFt
  • Building: 4,375/SqFt
  • Basement Finished: 634/SqFt
  • Garage Unfinished: 462/SqFt
  • Basement Unfinished: 653/SqFt
  • Price Per Square Foot: $70.25

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 4 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: 41.254513 / -96.09855
  • Subdivision: Meadow Lane 2nd Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 3111
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

524 S 118th St has no associated ownership info
524 S 118th St has no associated ownership info.

Taxes

524 S 118th St has 10 associated Taxes items

524 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 $392,700. The APN we've located for 524 S 118th St is 3431-0616-17.

Unlock the full report
Taxes
  • Assessed Value:  $392,700
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0616-17
  • Assessed Land Value:  33700
  • Market Land Value:  33700
  • Tax Amount:  6566.28
  • Tax Year:  2025
  • Market Value:  392700
  • Market Year:  2025

Tax History

524 S 118th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $392,700 Land Value $33,700 Improvement Value $359,000 Tax Amount $6,566.28 Change Rate +0.118651% Assessed CR Tax Rate +0.016721%
Year 2024 Assessed Value $363,000 Land Value $33,700 Improvement Value $329,300 Tax Amount $5,869.82 Change Rate -0.233559% Assessed CR Tax Rate +0.01617%
Year 2023 Assessed Value $363,000 Land Value $33,700 Improvement Value $329,300 Tax Amount $7,658.54 Change Rate +0.148824% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $312,300 Land Value $33,700 Improvement Value $278,600 Tax Amount $6,666.42 Change Rate +0.124466% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $280,100 Land Value $33,700 Improvement Value $246,400 Tax Amount $5,928.52 Change Rate +0.020319% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $271,400 Land Value $33,700 Improvement Value $237,700 Tax Amount $5,810.46 Change Rate -0.002958% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $271,400 Land Value $33,700 Improvement Value $237,700 Tax Amount $5,827.7 Change Rate +0.099977% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $246,400 Land Value $33,700 Improvement Value $212,700 Tax Amount $5,298.02 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $246,400 Land Value $33,700 Improvement Value $212,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $237,300 Land Value $19,400 Improvement Value $217,900 Tax Amount $5,092 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $221,700 Land Value $18,100 Improvement Value $203,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $221,700 Land Value $18,100 Improvement Value $203,600 Tax Amount $4,693.5 Change Rate Assessed CR Tax Rate +0.021171%