$1,050,000
SOLD DEC 26, 2024
2 Beds
2 Baths
1,350 Sq Ft
9,240 Sq Ft Lot

Recently Sold

$778 Per Sq Ft

12% Below List Price

82 Days on Market

About This Home

As of December 2024

Investment opportunity ideally located just minutes from the Old Market, Midtown Crossing, Field Club, Hanscom Park, Blackstone District, and UNMC! This 12 unit, built for purpose, apartment building features all 1 bedroom, 1 bathroom apartments with possibility to add a second bedroom in 8 of the 12 units. Nearly all of the units have been rehabbed. Includes off street parking (with plenty of street parking for guests!), newer roof, secured entry, and coin operated laundry on site. Owner pays water and sewer. Electric and gas are metered separately. Rent roll and financials upon request.

Last Agent to Sell the Property

Gage Eden

Realty ONE Group Sterling License #20150868

Realty ONE Group Sterling

Last Buyer's Agent

Brittany Swait

eXp Realty LLC License #20230667

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,045

Year Built

  • Built in 1963

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 66' x 140'

Home Design

  • 1,350 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 12 Parking Spaces
  • No Garage

Schools

  • Field Club Elementary School
  • Norris Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 1,350 Sq Ft Building
  • Rees Place Subdivision

Listing and Financial Details

  • Total Actual Rent $1,590
  • Assessor Parcel Number 2113470000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,045

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Parcel Number: 2113470000
  • Property Sub Type: Multi Family
  • Year Built: 1963
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2121
  • Lot Size: 66' x 140'
  • Ownership: Fee Simple
  • Subdivision Name: Rees Place
  • Directions: Exit onto Martha St from i480 (NB or SB). Head west on Martha St until Park Ave. Head north on Park Ave until Pacific St, head east on Pacific St. Property is the final property on the left. (NW corner of Pacific and 29th Street)
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1350
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 12

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Central
  • Elementary School: Field Club
  • Junior High Dist: Omaha
  • Middle Or Junior School: Norris

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 9240
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17045.02

Multi Family

  • Number Of Units Total: 12
  • Total Actual Rent: 1590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Dec 10, 2024
Sold by
Lindeen James A
Bought by
Grom Crew Llc
Seller's Agent
Gage Eden
Realty ONE Group Sterling
Buyer's Agent
Brittany Swait
eXp Realty LLC
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
82
Views
132
Current Estimated Value
$1,055,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,256
Avg. Annual Appreciation
1.23%
Original Mortgage
$215,000
Outstanding Balance
$162,617
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Estimated Equity
$892,639

Purchase Details

Closed on
Apr 20, 2021
Sold by
1056 S 29Th Street Llc
Bought by
Lindeen James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 7, 2016
Sold by
Yates Ray D
Bought by
1056 S 29Th St Llc and 1056 S 29Th St Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.45%
Mortgage Type
Commercial

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,050,000 Rts Title
Warranty Deed $1,050,000 Rts Title
Warranty Deed $830,000 Platinum Title & Escrow Llc
Warranty Deed $480,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 Seller Take Back
Closed $215,000 Seller Take Back
Open $787,500 New Conventional
Closed $787,500 New Conventional
Previous Owner $315,000 Future Advance Clause Open End Mortgage
Previous Owner $360,000 Future Advance Clause Open End Mortgage
Previous Owner $384,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $1,050,000 -12.5% $778 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,200,000 0.0% $889 / Sq Ft
03/19/2024 03/19/24 Rented $795 0.0% --
02/02/2024 02/02/24 For Rent $795 -- --
Source: Great Plains Regional MLS

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
2023 $17,045 $807,900 $18,500 $789,400
2022 $15,640 $732,700 $18,500 $714,200
2021 $9,122 $431,000 $13,900 $417,100
2020 $9,227 $431,000 $13,900 $417,100
2019 $9,255 $431,000 $13,900 $417,100
2018 $9,267 $431,000 $13,900 $417,100
2017 $6,309 $294,000 $13,900 $280,100
2016 $6,309 $294,000 $13,900 $280,100
2015 $5,909 $279,100 $13,900 $265,200
2014 $5,909 $279,100 $13,900 $265,200
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22417464

Great Plains Regional MLS

APN: 1347-0000-21