NOT LISTED FOR SALE

2536 N 16th St Omaha, NE 68110

East Omaha Neighborhood

Estimated Value: $1,008,204

5 Beds
2 Baths
-- Sq Ft
1.05 Acres

Last Sold August 12, 2016

Last sale price $565,000

Est. 78% increase in value since last sale

Current estimated payment $6,983/month

14 Days on Market

Highlights

  • 1.05 Acre Lot
  • Porch
  • Living Room
  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Crawford Terrace Apartments: Brick 18-plex with great cash flow. Tenants pay all utilities, Washer/dryer hookups in each unit. Plenty of off-street parking. 16 Two bedroom units and 2 Three bedroom units, all have basements. All units face interior courtyard. Newer furnaces in several units. Same owner for over 20 years.

Last Agent to Sell the Property

Bill Swanson

BHHS Ambassador Real Estate License #0860921 Listed on: 06/01/2016

BHHS Ambassador Real Estate

Last Buyer's Agent

John Lorkovic

Nebraska Realty License #0940664

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,083

Year Built

  • Built in 1923

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 165 x 276

Interior Spaces

  • Living Room
  • Dining Room
  • Washer Hookup
  • Basement

Kitchen

  • Oven
  • Plumbed For Gas In Kitchen
  • Gas Stub for Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 18 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Conestoga Elementary School
  • Lewis And Clark Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,000
  • Rent includes type 1(none), type 2(none)
  • Assessor Parcel Number 0210670002
  • Tax Block 25

Community Details

Overview

  • No Home Owners Association
  • 18 Units
  • Lands Subdivision

Building Details

  • Insurance Expense $8,842
  • Maintenance Expense $3,000
  • Manager Expense $1,800
  • Operating Expense $27,481
  • Net Operating Income $67,139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,083

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Parcel Number: 0210670002
  • Property Sub Type: Multi Family
  • Year Built: 1923
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0455
  • Lot Size: 165 x 276
  • Ownership: Fee Simple
  • Subdivision Name: Lands
  • Directions: North on 16th Street to property (SW corner of 16th and Ohio)
  • Carport Y N: No
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range - Cooktop + Oven, Refrigerator, Connection For Gas Ranges, Connection For Gas Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 18

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public, Private

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(None), Type 2(None)
  • Association: No

Schools

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

Lot Info

  • Lot Features: Over 1 up to 5 Acres
  • Lot Size Sq Ft: 45540
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 8842
  • Maintenance Expense: 3000
  • Operating Expense: 27481
  • Number Of Units Total: 18
  • Resident Manager Expense: 1800
  • Property Net Operating Income: 67139
  • Total Actual Rent: 1000

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11083.12
  • Tax Block: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Vermuele Merle R
Bought by
Mrv Ventures Llc
Total Days on Market
14
Current Estimated Value
$1,008,204

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 19, 2016
Sold by
Crawford Samuel
Bought by
Vermuele Merle R
Seller's Agent
Bill Swanson
BHHS Ambassador Real Estate
Buyer's Agent
John Lorkovic
Nebraska Realty
List Price
$625,000
Sold Price
$565,000
Premium/Discount to List
-$60,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
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
Mrv Ventures Llc -- None Available
Vermuele Merle R $565,000 Charter Title & Escrow Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crawford Samuel $140,342
Previous Owner Crawford Samuel $225,000
Closed Vermuele Merle R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $565,000 -9.6% --
06/15/2016 06/15/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $625,000 -- --
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 $16,077 $762,000 $45,500 $716,500
2022 $16,266 $762,000 $45,500 $716,500
2021 $13,447 $635,300 $45,500 $589,800
2020 $13,601 $635,300 $45,500 $589,800
2019 $12,504 $582,300 $45,500 $536,800
2018 $12,520 $582,300 $45,500 $536,800
2017 $11,210 $518,800 $45,500 $473,300
2016 $11,132 $518,800 $45,500 $473,300
2015 $10,983 $518,800 $45,500 $473,300
2014 $10,983 $518,800 $45,500 $473,300
Source: Public Records

Agents Affiliated with this Home

  • Bill Swanson

    Seller's Agent in 2016

    Bill Swanson

    BHHS Ambassador Real Estate

    (402) 679-6566

    1 in this area

    150 Total Sales

    Bill Swanson
    Section Image
  • John Lorkovic

    Buyer's Agent in 2016

    John Lorkovic

    Nebraska Realty

    (402) 598-4287

    74 Total Sales

    John Lorkovic
    Section Image
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Map

Source: Great Plains Regional MLS

MLS Number: 21610067

Great Plains Regional MLS

APN: 1067-0002-02

Nebraska Douglas County Omaha 68110 East Omaha

2536 N 16th St, Omaha, NE

This home is located at 2536 N 16th St, Omaha, NE 68110 since 01 June 2016 and is currently estimated at $1,008,204. This property was built in 1923. 2536 N 16th St is a home located in Douglas County with nearby schools including Conestoga Magnet Elementary School, Lewis & Clark Middle School, and Central High School.

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