$163,500
SOLD FEB 13, 2014

300 S 16th St Unit 1405 Omaha, NE 68102

Downtown Omaha Neighborhood
1 Bed
1 Bath
900 Sq Ft
$239/mo HOA Fee

Recently Sold

$182 Per Sq Ft

11% Below List Price

156 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Ceiling Fan
  • Subterranean Parking
  • Ceiling height of 9 feet or more
  • 1-minute walk to Heartland of America Park

About This Home

As of June 2021

Rare opportunity to own this penthouse oasis high above Omaha's cityscape. Located in the historic Farnam 1600 Building, this lofted 1 bed/1-bath condo (could easily sleep four!), comes with 1 deeded parking stall (in building garage) - a luxury for this address. Designer finishes throughout, including original reclaimed wood floors, 14' ceilings, maximized storage solutions, home office or wet bar w/vanity and completely updated bath and kitchen with stainless appliances. Expansive SE views!!

Last Agent to Sell the Property

Billy Coburn

Better Homes and Gardens R.E. License #20051044 Listed on: 07/30/2013

Better Homes and Gardens R.E.

Last Buyer's Agent

Steve Torneten

BHHS Ambassador Real Estate License #20061017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1916

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Stone

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Schools

  • Liberty Elementary School
  • Norris Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1037885312
  • Tax Block 3

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, common area maintenance, water
  • Farnam 1600 Condominiums Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,372

Year Built

Built in 1916

Lot Details

0

HOA Fees

$239 per month

Parking

1

Listing Details

  • Parcel Number: 1037885312
  • Property Sub Type: Condominium
  • Year Built: 1916
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Farnam 1600 Condominiums
  • Directions: Downtown Omaha, southwest corner of 16th & Farnam. Street Parking on 15th and 16th Streets.
  • Above Grade Finished Sq Ft: 900
  • Architectural Style: Uncategorized
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: 9'+ Ceiling
  • Appliances: Oven - No Cooktop, Refrigerator, Dishwasher, Disposal, Microwave
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 900
  • Main Level Bathrooms: 1
  • Window Features: Window Covering
  • Room Kitchen Area: 140.8
  • Room Living Room Area: 265.95
  • Room Kitchen Features: Window Covering, 9'+ Ceiling, Pantry
  • Living Room Living Room Level: Main Floor
  • Room Master Bedroom Area: 78.3
  • Living Room Features: Wood Floor, Window Covering, 9'+ Ceiling, Ceiling Fan(s), Dining Area
  • Master Bedroom Master Bedroom Level: 2nd Floor
  • Master Bedroom Master Bedroom Width: 9
  • Master Bedroom Features: Wood Floor
  • Master Bathroom Features: 3/4

Exterior Features

  • Fencing: None
  • Home Warranty: No
  • Construction Type: Stone, Brick/Other
  • Property Condition: Not New and NOT a Model
  • Roof: Membrane

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Underground
  • Total Parking Spaces: 1

Utilities

  • Cooling: Heat Pump
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 239
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Exterior Maintenance, Snow Removal, Common Area Maintenance, Water

Schools

  • High School: Central
  • Elementary School: Liberty
  • Junior High Dist: Omaha
  • Middle Or Junior School: Norris

Lot Info

  • Property Attached Yn: Yes
  • Lot Features: City Lot
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2372.18
  • Tax Block: 3

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2015
Sold by
Malone Joseph M and Virginia H Malone Revocable Tr
Bought by
Malone Joseph M and Malone Krista L
Total Days on Market
156
Current Estimated Value
$191,022

Purchase Details

Closed on
Apr 22, 2015
Sold by
Malone Joseph M and Malone Kristal L
Bought by
Assadi Shawya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,662
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2013
Closed on
Feb 3, 2014
Sold by
Rosene Cheri Lynn and Radden George
Bought by
Malone Joseph M
Seller's Agent
Billy Coburn
Better Homes and Gardens R.E.
Buyer's Agent
Steve Torneten
BHHS Ambassador Real Estate
List Price
$184,000
Sold Price
$163,500
Premium/Discount to List
-$20,500
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Lai Vienna
Bought by
Rosene Cheri Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.81%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2007
Sold by
Pos Minnesota Inc
Bought by
Lai Jason C
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Available
Deed $147,000 None Available
Warranty Deed $164,000 Ambassador Title Services
Personal Reps Deed $103,000 Dri Title & Escrow
Warranty Deed $175,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,662 New Conventional
Previous Owner $112,500 New Conventional
Previous Owner $9,000 Unknown
Previous Owner $125,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $146,800 -2.1% $163 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $149,900 -11.8% $167 / Sq Ft
02/24/2021 02/24/21 Price Changed $169,900 -5.6% $189 / Sq Ft
02/08/2021 02/08/21 For Sale $179,900 +10.0% $200 / Sq Ft
02/13/2014 02/13/14 Sold $163,500 -11.1% $182 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $184,000 -- $204 / 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 $2,829 $134,100 $3,100 $131,000
2022 $2,863 $134,100 $3,100 $131,000
2021 $2,603 $123,000 $3,100 $119,900
2020 $2,415 $112,800 $3,100 $109,700
2019 $2,422 $112,800 $3,100 $109,700
2018 $2,425 $112,800 $3,100 $109,700
2017 $2,420 $112,800 $3,100 $109,700
2016 $2,420 $112,800 $3,100 $109,700
2015 $2,388 $112,800 $3,100 $109,700
2014 $2,388 $112,800 $3,100 $109,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21314284

Great Plains Regional MLS

APN: 3788-5312-10