NOT LISTED FOR SALE

1308 N 40th St Omaha, NE 68131

Midtown Omaha Neighborhood

Estimated Value: $1,638,370

1 Bed
1 Bath
600 Sq Ft
$2,731/Sq Ft Est. Value

About This Home

As of September 2022

This top floor 1 bedroom apartment is available and ready to rent! Large windows for great natural light and off street parking in the back! Rent: $725.00 Common Area Fee: $15.00 Utility Fee (Gas/Water/Sewer): $50.00 Liability to Landlord Insurance: $12.50 Total: $802.50 Resident responsible for Electric Connection and Billing. *Renters Insurance REQUIRED Move in requirements: Credit score above 600 & GROSS income must be 3 times rental price. Now offering RHINO! RHINO is an affordable insurance that replaces upfront security deposits and lowers your move in costs! Pay a low monthly premium each month in order to cover damages at the time of move out! Pet Friendly! One Time Pet Fee: 25% of Rental Price: $200.00 Dog Rent: $35.00 Cat Rent: $25.00 *Application fee: $30.00 **All Residents subject to credit and background check.

Last Agent to Rent the Property

Liz Otto

Peterson Bros Realty License #20220810 Listed on: 09/15/2022

Last Renter's Agent

Liz Otto

Peterson Bros Realty License #20220810 Listed on: 09/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,902

Year Built

  • Built in 1964

Lot Details

  • 0.41

Home Design

  • 600 Sq Ft Home
  • Apartment

Kitchen

  • Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Walnut Hill Elementary School
  • Lewis And Clark Middle School
  • Benson High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 9/15/22
  • Assessor Parcel Number 2538400001

Community Details

Overview

  • Wills Sub DIV Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,902

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Lease Term: 12 MONTH
  • Available Date: 2022-09-15

Listing Details

  • Parcel Number: 2538400001
  • Property Sub Type: Apartment
  • Year Built: 1964
  • Prop. Type: Residential Lease
  • Subdivision Name: WILLS SUB DIV
  • Structure Type: Condo/Apartment Unit
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Oven - No Cooktop, Refrigerator
  • Owner Pays: None
  • Basement YN: No
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 600
  • ResoLivingAreaSource: Assessor

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Dogs OK, Cats OK

Schools

  • High School: Benson
  • Elementary School: Walnut Hill
  • Junior High Dist: Omaha
  • Middle Or Junior School: Lewis and Clark

Lot Info

  • Property Attached Yn: Yes
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Ctr Properties Llc
Bought by
Mounga Shnaiah
Current Estimated Value
$1,638,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$629,513
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,022,378

Purchase Details

Closed on
Jan 16, 2007
Sold by
Campbell Thomas L
Bought by
Ctr Properties
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 Buyer Sale Price Title Company
Mounga Shnaiah $1,125,000 Dri Title & Escrow
Ctr Properties $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mounga Shnaiah $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Rented $725 0.0% --
09/23/2022 09/23/22 Price Changed $725 -9.4% $1 / Sq Ft
09/16/2022 09/16/22 For Rent $800 0.0% --
12/06/2021 12/06/21 Rented $800 0.0% --
10/12/2021 10/12/21 For Rent $800 -- --
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
2024 $22,902 $1,085,500 $26,700 $1,058,800
2023 $22,902 $1,085,500 $26,700 $1,058,800
2022 $23,171 $1,085,500 $26,700 $1,058,800
2021 $11,633 $549,600 $26,700 $522,900
2020 $11,767 $549,600 $26,700 $522,900
2019 $10,816 $503,700 $26,700 $477,000
2018 $10,830 $503,700 $26,700 $477,000
2017 $9,630 $448,800 $26,700 $422,100
2016 $9,630 $448,800 $26,700 $422,100
2015 $9,501 $448,800 $26,700 $422,100
2014 $9,501 $448,800 $26,700 $422,100
Source: Public Records

Agents Affiliated with this Home

  • Liz Otto

    Landlord's Agent in 2022

    Liz Otto

    Peterson Bros Realty

    (402) 430-7072

    1 in this area

    51 Total Sales

    Liz Otto
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Map

Source: Great Plains Regional MLS

MLS Number: 22222325

Great Plains Regional MLS

APN: 2538-4000-01

Nebraska Douglas County Omaha 68131 Midtown Omaha

1308 N 40th St, Omaha, NE

This home is located at 1308 N 40th St, Omaha, NE 68131 since 15 September 2022 and is currently priced at $1,638,370. This property was built in 1964. 1308 N 40th St is a home located in Douglas County with nearby schools including Walnut Hill Elementary School, Lewis & Clark Middle School, and Benson Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025, Great Plains Regional MLS LLC

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