NOT LISTED FOR SALE

Estimated Value: $2,226,648

3 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold November 21, 2022

Last sale price $1,962,000

Est. 13% increase in value since last sale

Current estimated payment $13,782/month

21 Days on Market

Highlights

  • 0.41 Acre Lot
  • 7 Car Detached Garage
  • Living Room
  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of November 2022

REMARKABLE & STATELY ALL-BRICK COMPLEX IN SOUTH DUNDEE. SEPARATELY METERED FOR HEAT & ELECTRIC. CLOSE TO MED CENTER, MID-TOWN , UNIVERSITY & PUBLIC TRANSPORTATION. 17-ONE BEDROOM UNITS & 3-TWO BEDROOM UNITS. RARE FIND CAN BE A REAL ASSET TO YOUR PORTFOLIO. CURRENT APPRAISAL AVAILABLE UPON REQUEST. PROPERTY SOLD AS IS.

Last Agent to Sell the Property

Glenn Miller

Multi-Vest Realty Co License #0860028 Listed on: 08/29/2022

Co-Listed By

Mary Schon

Multi-Vest Realty Co License #0770133

Last Buyer's Agent

Mary Schon

Multi-Vest Realty Co License #0770133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,205

Year Built

  • Built in 1919

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 138.7 x 130

Parking

  • 7 Car Detached Garage

Interior Spaces

  • Living Room
  • Dining Room
  • Oven
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Dundee Elementary School
  • Lewis And Clark Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2
  • Rent includes type 1(water hot water)
  • Assessor Parcel Number 0954220000
  • Tax Block 1

Community Details

Overview

  • No Home Owners Association
  • 20 Units
  • Dundee Place Subdivision

Building Details

  • Insurance Expense $17,033
  • Maintenance Expense $24,288
  • Operating Expense $88,900
  • Net Operating Income $109,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,205

Year Built

Built in 1919

Lot Details

0

Parking

7

Listing Details

  • Parcel Number: 0954220000
  • Property Sub Type: Multi Family
  • Year Built: 1919
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4139
  • Lot Size: 138.7 x 130
  • Co List Office Phone: 402-345-9944
  • Ownership: Fee Simple
  • Subdivision Name: DUNDEE PLACE
  • Directions: DODGE STREET TO 49TH AVE. TURN SOUTH. PROPERTY ON CORNER OF DODGE & 49TH AVENUE
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: UNITS RENTED. NEED 24-HOUR NOTICE FOR SHOWINGS. CALL LIST AGENT.
  • BK9_LFD_TYPE1ROOMS_70: Living Room, Dining Room, Kitchen
  • BK9_LFD_TYPE1COOLING_75: Wind Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • ResoLivingAreaSource: Assessor
  • BK9_LFD_TYPE1INTERIORFEATURES_72: Cable Available

Exterior Features

  • Foundation Details: Other
  • Fencing: Other
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 7
  • Attached Garage: No
  • Covered Parking Spaces: 7
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Water,Hot Water)
  • Association: No

Schools

  • High School: Central
  • Elementary School: Dundee
  • Junior High Dist: Omaha
  • Middle Or Junior School: Lewis and Clark

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 18031
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 17033
  • Maintenance Expense: 24288
  • Operating Expense: 88900
  • Number Of Units Total: 20
  • Property Net Operating Income: 109071
  • Total Actual Rent: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 22205
  • Tax Block: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Nov 18, 2022
Sold by
Luefields Elwood Llc
Bought by
El Wood Apartments Llc
Seller's Agent
Glenn Miller
Multi-Vest Realty Co
Buyer's Agent
Mary Schon
Multi-Vest Realty Co
List Price
$2,000,000
Sold Price
$1,962,000
Premium/Discount to List
-$38,000
-1.9%
Views
6
Current Estimated Value
$2,226,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,648
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,250,000
Outstanding Balance
$1,211,239
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,015,409

Purchase Details

Closed on
Sep 28, 2011
Sold by
Novak & Sons Inc
Bought by
Bluefields Elwood L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 10, 2010
Sold by
Elwood Property Llc
Bought by
Novak & Sons Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$957,570
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
Osc Ambassador Llc
Bought by
Elwood Property Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Oakland Properties Llp
Bought by
Osc Ambassador Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
El Wood Apartments Llc $1,962,000 --
Bluefields Elwood L L C $1,050,000 None Available
Novak & Sons Inc $1,333,000 None Available
Elwood Property Llc $895,000 --
Osc Ambassador Llc $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El Wood Apartments Llc $1,250,000
Previous Owner Bluefields Elwood L L C $735,000
Previous Owner Novak & Sons Inc $957,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,962,000 -1.9% --
09/20/2022 09/20/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $2,000,000 -- --
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,668 $1,610,100 $92,400 $1,517,700
2024 $36,584 $1,610,100 $34,000 $1,576,100
2023 $36,584 $1,734,000 $34,000 $1,700,000
2022 $29,554 $1,384,500 $34,000 $1,350,500
2021 $22,205 $1,049,100 $25,500 $1,023,600
2020 $22,460 $1,049,100 $25,500 $1,023,600
2019 $22,527 $1,049,100 $25,500 $1,023,600
2018 $22,557 $1,049,100 $25,500 $1,023,600
2017 $18,933 $876,200 $25,500 $850,700
2016 $18,802 $876,200 $25,500 $850,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22220855

Great Plains Regional MLS

APN: 5422-0000-09