NOT LISTED FOR SALE

1605 N 40th St Omaha, NE 68111

Orchard Hill Neighborhood

Estimated Value: $139,000 - $196,000

4 Beds
2 Baths
1,472 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $107,000 $73 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,089/month

62 Days on Market

About This Home

As of January 2019

Fantastic Midtown 2 bedroom duplex with off-street parking. This duplex has a new roof, gutters, and central air units. New vinyl windows. One furnace and one water heater replaced in 2018. Perfect cash flow opportunity here, don't let this one get away!

Last Agent to Sell the Property

Katie Coughran

GTRSALES License #20100488 Listed on: 06/26/2018

Co-Listed By

Chinwendu Nwinye

GTRSALES License #20100489

Last Buyer's Agent

Chinwendu Nwinye

GTRSALES License #20100489

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1959

Lot Details

  • 6,490

Home Design

  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Orchard Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1922480000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Parcel Number: 1922480000
  • Property Sub Type: Multi Family
  • Year Built: 1959
  • Prop. Type: Residential Income
  • Lot Size: LOT 20 BLOCK 8 N 1/2 LTS 19 &
  • Co List Office Mls Id: 100883
  • Subdivision Name: ORCHARD HILL
  • Directions: Hamilton to 40th street, turn north. Go two block north to Seward street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Up to 1/4 Acre.

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1555.54

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jan 23, 2019
Sold by
Equity Trust Company
Bought by
Brown Cortney L
Seller's Agent
Katie Coughran
GTRSALES
Buyer's Agent
Chinwendu Nwinye
GTRSALES
List Price
$125,000
Sold Price
$107,000
Premium/Discount to List
-$18,000
-14.4%
Total Days on Market
62
Current Estimated Value
$166,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,613
Avg. Annual Appreciation
10.45%
Original Mortgage
$105,061
Outstanding Balance
$93,999
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$111,215

Purchase Details

Closed on
Mar 30, 2018
Sold by
Abide Network Inc A Nebraska Corpaortin
Bought by
Equity Trust Ocmpny Custoduan
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
Brown Cortney L $107,000 Dri Title & Escrow
Equity Trust Ocmpny Custoduan $60,000 Dri Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Cortney L $5,068
Closed Brown Cortney L $6,926
Open Brown Cortney L $105,061
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $107,000 -14.4% $73 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $125,000 -- $85 / 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 $2,125 $100,700 $15,000 $85,700
2022 $2,173 $101,800 $15,000 $86,800
2021 $1,767 $83,500 $15,000 $68,500
2020 $1,788 $83,500 $15,000 $68,500
2019 $1,288 $60,000 $2,600 $57,400
2018 $1,290 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Coughran

    Seller's Agent in 2019

    Katie Coughran

    GTRSALES

    (402) 212-4872

    2 in this area

    63 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Chinwendu Nwinye

    GTRSALES

    (402) 558-9484

    2 in this area

    55 Total Sales

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Map

Source: Great Plains Regional MLS

MLS Number: 21816349

Great Plains Regional MLS

APN: 2248-0000-19

Nebraska Douglas County Omaha 68111 Orchard Hill

1605 N 40th St, Omaha, NE

This home is located at 1605 N 40th St, Omaha, NE 68111 since 26 June 2018 and is currently estimated at $169,297, approximately $115 per square foot. This property was built in 1959. 1605 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.
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Copyright 2025, Great Plains Regional MLS LLC

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