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542 S 118th St; Omaha, NE Property Details

542 S 118th St, Omaha, NE is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 542 S 118th St has 4 bedrooms, and 3.5 bathrooms, and a total of 3,082 square feet. The lot size of 542 S 118th St is 12,780 square feet.

Off market
542 S 118th St Omaha, NE 68154
$268,000 Listing Price
4 Beds
3.5 Baths
3,082 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $268,000
  • Open Loans / Balance: 2 / $135,619
  • Est. Equity / %: $370,381 / 73.2%
  • Gross Yield: 7.209%
  • APN: 3431-0610-17
  • Situs County: Douglas
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • 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: Good
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 3,082/SqFt
  • Lot: 12,780/SqFt
  • Gross: 3,705/SqFt
  • Garage: 494/SqFt
  • Living: 3,082/SqFt
  • Basement: 1,065/SqFt
  • Building: 3,625/SqFt
  • Basement Finished: 1,015/SqFt
  • Garage Unfinished: 494/SqFt
  • Basement Unfinished: 50/SqFt
  • Price Per Square Foot: $86.96

Legal Description

  • Description: MEADOW LANE 2ND ADD LOT 1 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: 41.253834 / -96.09879
  • 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

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

Taxes

542 S 118th St has 10 associated Taxes items

542 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 $389,100. The APN we've located for 542 S 118th St is 3431-0610-17.

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Taxes
  • Assessed Value:  $389,100
  • Assessed Year:  2025
  • Assessed County:  Douglas
  • APN:  3431-0610-17
  • Assessed Land Value:  33900
  • Market Land Value:  33900
  • Tax Amount:  6506.02
  • Tax Year:  2025
  • Market Value:  389100
  • Market Year:  2025

Tax History

542 S 118th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $389,100 Land Value $33,900 Improvement Value $355,200 Tax Amount $6,506.02 Change Rate +0.066064% Assessed CR Tax Rate +0.016721%
Year 2024 Assessed Value $377,400 Land Value $33,900 Improvement Value $343,500 Tax Amount $6,102.84 Change Rate -0.233539% Assessed CR Tax Rate +0.016171%
Year 2023 Assessed Value $377,400 Land Value $33,900 Improvement Value $343,500 Tax Amount $7,962.36 Change Rate +0.18793% Assessed CR Tax Rate +0.021098%
Year 2022 Assessed Value $314,000 Land Value $33,900 Improvement Value $280,100 Tax Amount $6,702.72 Change Rate +0.120189% Assessed CR Tax Rate +0.021346%
Year 2021 Assessed Value $282,700 Land Value $33,900 Improvement Value $248,800 Tax Amount $5,983.56 Change Rate +0.001021% Assessed CR Tax Rate +0.021166%
Year 2020 Assessed Value $279,200 Land Value $33,900 Improvement Value $245,300 Tax Amount $5,977.46 Change Rate -0.002956% Assessed CR Tax Rate +0.021409%
Year 2019 Assessed Value $279,200 Land Value $33,900 Improvement Value $245,300 Tax Amount $5,995.18 Change Rate +0.104687% Assessed CR Tax Rate +0.021473%
Year 2018 Assessed Value $252,400 Land Value $33,900 Improvement Value $218,500 Tax Amount $5,427.04 Change Rate Assessed CR Tax Rate +0.021502%
Year 2017 Assessed Value $252,400 Land Value $33,900 Improvement Value $218,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $203,300 Land Value $20,100 Improvement Value $183,200 Tax Amount $4,362.42 Change Rate Assessed CR Tax Rate +0.021458%
Year 2015 Assessed Value $190,000 Land Value $18,800 Improvement Value $171,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $190,000 Land Value $18,800 Improvement Value $171,200 Tax Amount $4,022.4 Change Rate Assessed CR Tax Rate +0.021171%