$200,000
SOLD APR 2, 2025

1101 Bancroft St Unit 1,2,3 Omaha, NE 68108

Woodland Hills Neighborhood
4 Beds
2 Baths
3,120 Sq Ft
8,888 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

11% Below List Price

75 Days on Market

Highlights

  • No HOA
  • Living Room
  • Ceiling height of 9 feet or more
  • Window Unit Cooling System
  • Laundry Room
  • Forced Air Heating System

About This Home

As of April 2025

Limited-time price reduction! This wooded property is walking distance to the Zoo, Lauritzen Gardens and 13th & I-80. This triplex has 1 occupied unit covering his own heating electric bill & a $100 utility reimbursement. The property has undergone over $96K in updates, including a complete rebuild, three new electric furnaces (May 2023), and $8K in electrical upgrades. Unit 2 requires plumbing work PVC-to-cast-iron pipe replacement per city code citations, rail, utility door. Read the attached Plumbing City Citation Doc's & City Pictures. The City allows new owner six months to bring property to rental compliance. Seller requests seasoned investors & agents with the understanding of City Citations. You don’t want to miss out on this income investment BRRRR opportunity. Pro-Forma-$3,600.00 Per Month. Add Pet Rent and Storage. Sold as-is. Investors know anything can be fixed with the exception of, LOCATION! Follow the money to the HOT 68108-South "O" Area. Will NOT LAST LONG!

Last Agent to Sell the Property

Mo Albers

Realty ONE Group Sterling License #20201262 Listed on: 01/15/2025

Realty ONE Group Sterling

Co-Listed By

Ted Kaasch

Realty ONE Group Sterling License #20230253

Last Buyer's Agent

Renae Lade

Nebraska Realty License #20190716

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 1900

Lot Details

  • 8,888 Sq Ft Lot
  • Lot Dimensions are 132 x 67.33

Home Design

  • Brick Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Living Room
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Gas Stub for Range
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Schools

  • Bancroft Elementary School
  • Norris Middle School
  • South High School

Utilities

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

Community Details

  • No Home Owners Association
  • 3,120 Sq Ft Building
  • Quinns Add Blk 3 Subdivision

Listing and Financial Details

  • Total Actual Rent $3,395
  • Assessor Parcel Number 2033720002
  • Tax Block 2700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,281

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 2033720002
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.204
  • Lot Size: 132 x 67.33
  • Co List Office Mls Id: 101610
  • Ownership: Fee Simple
  • Subdivision Name: QUINNS ADD BLK 3
  • Directions: 1-80 east to 13th Street ( Zoo Exit) North to Bancroft ( Lauritzen Garden Sign ) Turn East Located between 10th and 11th Streets.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Connection For Electric Oven, Connection For Electric Range, Connection For Gas Ranges, Connections Vary per Unit
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 3120
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: Other
  • Construction Type: Vinyl Siding
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling: Window Unit(s)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: South
  • Elementary School: Bancroft
  • Junior High Dist: Omaha
  • Middle Or Junior School: Norris

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 8887.56
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2281.38
  • Tax Block: 2700

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 3395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Apr 1, 2025
Sold by
Pennrene Llc
Bought by
Rampart Holdings Ii Llc
Seller's Agent
Mo Albers
Realty ONE Group Sterling
Buyer's Agent
Renae Lade
Nebraska Realty
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Nebraska Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $81,273 Credit Line Revolving
Previous Owner $210,000 Credit Line Revolving
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $200,000 0.0% $64 / Sq Ft
04/01/2025 04/01/25 Price Changed $200,000 -11.1% $64 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $225,000 0.0% $72 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $225,000 -- $72 / Sq Ft
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
2023 $2,272 $107,700 $18,400 $89,300
2022 $2,100 $98,400 $9,100 $89,300
2021 $2,083 $98,400 $9,100 $89,300
2020 $2,107 $98,400 $9,100 $89,300
2019 $1,784 $83,100 $9,100 $74,000
2018 $1,327 $61,700 $9,100 $52,600
2017 $1,294 $60,300 $7,700 $52,600
2016 $1,294 $60,300 $7,700 $52,600
2015 $1,277 $60,300 $7,700 $52,600
2014 $1,277 $60,300 $7,700 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22501529

Great Plains Regional MLS

APN: 3372-0002-20