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541 S 118th St; Omaha, NE Property Details

541 S 118th St, Omaha, NE is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 541 S 118th St has 4 bedrooms, and 3 bathrooms, and a total of 2,495 square feet. The lot size of 541 S 118th St is 11,094 square feet.

Off market
541 S 118th St Omaha, NE 68154
$235,000 Listing Price
4 Beds
3 Baths
2,495 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $235,000
  • Open Loans / Balance: 1 / $83,772
  • Est. Equity / %: $355,228 / 80.92%
  • Gross Yield: 7.14%
  • APN: 3431-0592-17
  • Situs County: Douglas
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 2,495/SqFt
  • Lot: 11,094/SqFt
  • Gross: 3,272/SqFt
  • Garage: 600/SqFt
  • Living: 2,495/SqFt
  • Basement: 672/SqFt
  • Building: 3,230/SqFt
  • Basement Finished: 537/SqFt
  • Garage Unfinished: 600/SqFt
  • Basement Unfinished: 135/SqFt
  • Price Per Square Foot: $94.19

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 11 BLOCK 5 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: 41.25385 / -96.09804
  • Subdivision: Meadow Lane 2nd Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 351

Amenities

  • Plus Four: 3110
  • 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

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

Taxes

541 S 118th St has 10 associated Taxes items

541 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 $313,600. The APN we've located for 541 S 118th St is 3431-0592-17.

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Taxes
  • Assessed Value:  $313,600
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0592-17
  • Assessed Land Value:  33600
  • Market Land Value:  33600
  • Tax Amount:  4699.1
  • Tax Year:  2024
  • Market Value:  313600
  • Market Year:  2025

Tax History

541 S 118th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $313,600 Land Value $33,600 Improvement Value $280,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $290,600 Land Value $33,600 Improvement Value $257,000 Tax Amount $4,699.1 Change Rate -0.233558% Assessed CR Tax Rate +0.01617%
Year 2023 Assessed Value $290,600 Land Value $33,600 Improvement Value $257,000 Tax Amount $6,131.06 Change Rate +0.114986% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $257,600 Land Value $33,600 Improvement Value $224,000 Tax Amount $5,498.78 Change Rate +0.109291% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $234,200 Land Value $33,600 Improvement Value $200,600 Tax Amount $4,957.02 Change Rate +0.047203% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $221,100 Land Value $33,600 Improvement Value $187,500 Tax Amount $4,733.58 Change Rate -0.002957% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $221,100 Land Value $33,600 Improvement Value $187,500 Tax Amount $4,747.62 Change Rate +0.203276% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $183,500 Land Value $33,600 Improvement Value $149,900 Tax Amount $3,945.58 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $183,500 Land Value $33,600 Improvement Value $149,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $167,400 Land Value $19,300 Improvement Value $148,100 Tax Amount $3,592.08 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $156,400 Land Value $18,000 Improvement Value $138,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $156,400 Land Value $18,000 Improvement Value $138,400 Tax Amount $3,311.08 Change Rate +0.006842% Assessed CR Tax Rate +0.021171%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,288.58 Change Rate Assessed CR Tax Rate