NOT LISTED FOR SALE

1502 Madison St Omaha, NE 68107

Brown Park Neighborhood

Estimated Value: $168,000 - $185,000

2 Beds
1 Bath
1,186 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2016

Last sale price $40,200 $34 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $1,197 / mo

13 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2016

Spacious South Omaha 2 bedroom ranch! Interior shows signs that the home was in the process of being repaired/updated but somewhere along the line they ran out of gas! There is a lot of work to do but it's easy to see the possibilities! Good sized lot with detached garage.

Last Agent to Sell the Property

Peg Maloney

RE/MAX Real Estate Group Omaha License #0873411 Listed on: 10/07/2016

RE/MAX Real Estate Group Omaha

Last Buyer's Agent

Melvin Melendez-Sorto

Nebraska Realty License #20130520

Nebraska Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 130

Parking

  • 1 Car Garage

Home Design

  • 1,186 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Gomez-Hertitage Elementary School
  • Marrs Middle School
  • South High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Albright Choice Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0508510000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

6,621 Sq Ft Lot

Parking

1

Listing Details

  • Parcel Number: 0508510000
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Prop. Type: Residential
  • Lot Size: 50 x 130
  • Ownership: Fee Simple
  • Subdivision Name: Albright Choice
  • Directions: turn east on Madison from Railroad Ave
  • Above Grade Finished Sq Ft: 1186
  • Architectural Style: Ranch
  • New Construction: No
  • Remarks22: *All appts 402-397-5554*Highest and best offers must be submitted by 3:00pm on 10/19/16 with POF or pre-approval by buyer's agent using online system via link: http://www.spsreo.com/?c=9Y0J. $150 Tech fee applies to buyer's agent at closing. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1186

Exterior Features

  • Home Warranty: No
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: South
  • Elementary School: Gomez-Hertitage
  • Junior High Dist: Omaha
  • Middle Or Junior School: Marrs

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1553.1

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2017
Sold by
Hernandez Julian Javier
Bought by
Current Estimated Value
$177,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,724
Outstanding Balance
$55,707
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,540

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 17, 2016
Sold by
Us Bank Na
Bought by
Hernandez Julian Javier
Seller's Agent
Peg Maloney
RE/MAX Real Estate Group Omaha
Buyer's Agent
Melvin Melendez-Sorto
Nebraska Realty
List Price
$41,600
Sold Price
$40,200
Premium/Discount to List
-$1,400
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Mcadams Zoanna J
Bought by
Us Bank Na and Bank Of America Na
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Brown Park, NE

  • Nico Marasco Real Estate Agent - BHHS Ambassador Real Estate

    Nico Marasco

    BHHS Ambassador Real Estate

    (712) 227-7380

    255 Total Sales

    2 in Brown Park

    $140K - $199K Price Range

    Nico Marasco
     Section Image
  • Estella Torres Real Estate Agent - Keller Williams Greater Omaha

    Estella Torres

    Keller Williams Greater Omaha

    (531) 999-6727

    117 Total Sales

    3 in Brown Park

    $110K - $160K Price Range

    Estella Torres
     Section Image
  • Mo Albers Real Estate Agent - Realty ONE Group Sterling

    Mo Albers

    Realty ONE Group Sterling

    (531) 233-5094

    112 Total Sales

    3 in Brown Park

    $188K - $203K Price Range

    Mo Albers
     Section Image
  • Mike Story Real Estate Agent - NP Dodge RE Sales Inc 86Dodge

    Mike Story

    NP Dodge RE Sales Inc 86Dodge

    (531) 233-0778

    96 Total Sales

    2 in Brown Park

    $105K - $140K Price Range

    Mike Story
     Section Image
  • Brittany Hatjinos Real Estate Agent - Real Broker NE, LLC

    Brittany Hatjinos

    Real Broker NE, LLC

    (531) 233-1451

    61 Total Sales

    1 in Brown Park

    $170,000 Price

    Brittany Hatjinos
     Section Image
  • Patty Rocha Real Estate Agent - NP Dodge RE Sales Inc Sarpy

    Patty Rocha

    NP Dodge RE Sales Inc Sarpy

    (531) 233-5830

    111 Total Sales

    4 in Brown Park

    $100K - $175K Price Range

    Patty Rocha
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,000 None Available
Hernandez Julian Javier $41,000 Servicelink Llc
Us Bank Na -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $68,724
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/23/2016 11/23/16 Sold $40,200 -3.4% $34 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $41,600 -- $35 / Sq Ft
Source: Great Plains Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,632 $157,400 $12,800 $144,600
2024 $2,416 $114,500 $12,800 $101,700
2023 $2,416 $114,500 $12,800 $101,700
2022 $1,785 $83,600 $7,800 $75,800
2021 $1,769 $83,600 $7,800 $75,800
2020 $1,552 $72,500 $5,900 $66,600
2019 $1,557 $72,500 $5,900 $66,600
2018 $1,563 $72,700 $5,900 $66,800
2017 $1,571 $72,700 $5,900 $66,800
2016 $1,560 $72,700 $5,900 $66,800
2015 $1,539 $72,700 $5,900 $66,800
2014 $1,539 $72,700 $5,900 $66,800
Source: Public Records

Agents Affiliated with this Home

  • PM

    Seller's Agent in 2016

    Peg Maloney

    RE/MAX

    Section Image
  • Melvin Melendez-Sorto Real Estate Agent - Nebraska Realty

    Buyer's Agent in 2016

    Melvin Melendez-Sorto

    Nebraska Realty

    (402) 312-4245

    5 in this area

    201 Total Sales

    Melvin Melendez-Sorto
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 21618499

Great Plains Regional MLS

APN: 0851-0000-05

Nebraska Douglas County Omaha 68107 Brown Park

1502 Madison St, Omaha, NE

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.
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