NOT LISTED FOR SALE

Estimated Value: $418,201 - $475,000

0.28 Acre
$1,561,348 Price per Acre
12,284 Sq Ft Lot

Last Sold December 01, 2012

Last sale price $34,950

Est. 1,160% increase in value since last sale

Current estimated payment $2,937/month

328 Days on Market

About This Lot

As of December 2012

Palisades offers 2 price points in this sought after City of Omaha address, Gretna School District neighborhood. Palisades Elementary is located at entrance of subdivision with new improvements going in now including a soccer field and baseball diamond. Home sites available, vary from flat to walkout and allow for various sized homes from 1200 sq ft ranch homes to 1600+ on the North side and 1800 sq 2 story homes to 2200+ on the south side of the Subdivision. There are just a few lake lots left!

Last Agent to Sell the Property

Kristina Philbin

eXp Realty LLC License #20090052 Listed on: 12/20/2011

eXp Realty LLC

Co-Listed By

Nick Boyer

SimpliCity Real Estate License #20120299

Last Buyer's Agent

Kristina Philbin

eXp Realty LLC License #20090052 Listed on: 12/20/2011

eXp Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $227

Lot Details

  • Lot Dimensions are 121 x 195

HOA Fees

  • $31 Monthly HOA Fees

Schools

  • Palisades Elementary School
  • Gretna Middle School
  • Gretna High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Palisades Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11583618

Property Details

Property Type

Land

Est. Annual Taxes

$227

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Parcel Number: 11583618
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size: 121 x 195
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 100752
  • Ownership: Fee Simple
  • Subdivision Name: Palisades
  • Directions: Palisades Drive is located off 168th St. Between Cornhusker Rd. and Giles Rd. Entrance at Palisades Drive next to Palisades Elementary School.
  • Habitable Residence: No
  • Special Features: None

Exterior Features

  • Fencing: None

Utilities

  • Electric: OPPD
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Storm Sewer, Phone Available, Cable Available
  • Water Source: Public
  • Gas Company: MUD

Condo/Co-op/Association

  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • High School: Gretna
  • Elementary School: Palisades
  • Junior High Dist: Gretna
  • Middle Or Junior School: Gretna

Lot Info

  • Lot Features: Under 1/4 Acre, City Lot, Subdivided
  • Land Lease: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 227
  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2013
Sold by
Legacy Homes Omaha Llc
Bought by
Reestman Michael E and Reestman Jamie E
Current Estimated Value
$440,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,406
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 20, 2011
Closed on
Nov 20, 2012
Sold by
Palisades Development Llc
Bought by
Legacy Homes Omaha Llc
Seller's Agent
Kristina Philbin
eXp Realty LLC
Buyer's Agent
Kristina Philbin
eXp Realty LLC
List Price
$34,950
Sold Price
$34,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Original Mortgage
$3,900,000
Interest Rate
3.42%
Mortgage Type
Construction
Source: Public Records

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 Buyer Sale Price Title Company
Reestman Michael E $224,000 First American Title Omah
Legacy Homes Omaha Llc $35,000 Pre
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reestman Michael E $218,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2012 12/01/12 Sold $34,950 0.0% --
11/12/2012 11/12/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $34,950 -- --
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
2025 $6,974 $382,235 $73,000 $309,235
2024 $8,034 $363,836 $63,000 $300,836
2023 $8,034 $347,665 $58,000 $289,665
2022 $6,997 $297,756 $53,000 $244,756
2021 $6,647 $287,507 $53,000 $234,507
2020 $6,427 $279,316 $47,000 $232,316
2019 $6,090 $265,294 $47,000 $218,294
2018 $6,020 $249,445 $43,000 $206,445
2017 $6,096 $242,121 $43,000 $199,121
2016 $6,045 $234,525 $43,000 $191,525
2015 $5,834 $227,726 $43,000 $184,726
2014 $6,098 $232,377 $19,440 $212,937
2012 -- $16,920 $16,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21122299

Great Plains Regional MLS

APN: 011583618