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531 S 116th St; Omaha, NE Property Details

531 S 116th St, Omaha, NE is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 531 S 116th St has 3 bedrooms, and 3.5 bathrooms, and a total of 2,977 square feet. The lot size of 531 S 116th St is 14,500 square feet.

Off market
531 S 116th St Omaha, NE 68154
$170,000 Listing Price
3 Beds
3.5 Baths
2,977 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $170,000
  • Open Loans / Balance: 1 / $195,759
  • Est. Equity / %: $304,241 / 60.85%
  • Gross Yield: 6.667%
  • APN: 3431-0504-17
  • Situs County: Douglas
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Pool Type: In-Ground Pool
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,977/SqFt
  • Lot: 14,500/SqFt
  • Gross: 3,959/SqFt
  • Garage: 559/SqFt
  • Living: 2,977/SqFt
  • Basement: 1,188/SqFt
  • Building: 3,899/SqFt
  • Basement Finished: 825/SqFt
  • Garage Unfinished: 559/SqFt
  • Basement Unfinished: 363/SqFt
  • Price Per Square Foot: $57.10

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 3 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: 41.253937 / -96.09469
  • Subdivision: Meadow Lane 2nd Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Pool: true
  • Plus Four: 3108
  • 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

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

Taxes

531 S 116th St has 10 associated Taxes items

531 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 $456,000. The APN we've located for 531 S 116th St is 3431-0504-17.

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Taxes
  • Assessed Value:  $456,000
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0504-17
  • Assessed Land Value:  34300
  • Market Land Value:  34300
  • Tax Amount:  6793.24
  • Tax Year:  2024
  • Market Value:  456000
  • Market Year:  2025

Tax History

531 S 116th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $456,000 Land Value $34,300 Improvement Value $421,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $420,100 Land Value $34,300 Improvement Value $385,800 Tax Amount $6,793.24 Change Rate -0.233549% Assessed CR Tax Rate +0.016171%
Year 2023 Assessed Value $420,100 Land Value $34,300 Improvement Value $385,800 Tax Amount $8,863.24 Change Rate +0.145731% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $362,400 Land Value $34,300 Improvement Value $328,100 Tax Amount $7,735.88 Change Rate +0.226889% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $297,900 Land Value $34,300 Improvement Value $263,600 Tax Amount $6,305.28 Change Rate -0.035335% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $305,300 Land Value $34,300 Improvement Value $271,000 Tax Amount $6,536.24 Change Rate -0.002959% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $305,300 Land Value $34,300 Improvement Value $271,000 Tax Amount $6,555.64 Change Rate +0.125467% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $270,900 Land Value $34,300 Improvement Value $236,600 Tax Amount $5,824.82 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $270,900 Land Value $34,300 Improvement Value $236,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $218,900 Land Value $21,800 Improvement Value $197,100 Tax Amount $4,697.16 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $204,600 Land Value $20,400 Improvement Value $184,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $204,600 Land Value $20,400 Improvement Value $184,200 Tax Amount $4,331.5 Change Rate Assessed CR Tax Rate +0.021171%