$230,000
SOLD FEB 13, 2025
2 Beds
2 Baths
1,246 Sq Ft
$459/mo HOA Fee

Recently Sold

$185 Per Sq Ft

4% Below List Price

55 Days on Market

About This Home

As of February 2025

Awesome opportunity to own a piece of Omaha’s past in the historic Regis Condo building! 506 is a spacious (1,246 square feet), updated corner unit w/incredible views to the south and east & abundant natural light throughout. The perfect blend of modern conveniences and old-time charm, w/open industrial ceilings throughout the living room juxtaposed with a fully remodeled Kitchen featuring painted cabinets, solid-surface countertops & sink, and high-end oven and microwave. Beautiful hardwood floors under carpets. Convenient washer and dryer in unit. Main bathroom w/updated cabinetry & huge, tiled walk-in shower. Primary bedroom is spacious, w/double closets and an en-suite bathroom featuring a new walk-in shower. A short walk to the Orpheum Theater, Old Market, Gene Leahy Mall, riverfront, & numerous amazing dining options. Small pets under 15 lbs are allowed. Parking options available on-site. Come discover the rich and vibrant lifestyle this historic downtown condo offers!

Last Agent to Sell the Property

Rick Nelson

Nebraska Realty Brokerage Phone: 402-677-4805 License #20181154

Nebraska Realty

Last Buyer's Agent

Angela Lippert

Better Homes and Gardens R.E. License #20201263

Better Homes and Gardens R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1918

HOA Fees

  • $459 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • 1,246 Sq Ft Home
  • Block Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Regis Residential Condominium Association
  • Regis Residential Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2114105233

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,211

Year Built

Built in 1918

Lot Details

0

HOA Fees

$459 per month

Listing Details

  • Parcel Number: 2114105233
  • Property Sub Type: Condominium
  • Year Built: 1918
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: REGIS RESIDENTIAL CONDOMINIUM
  • Directions: Use GPS to locate - corner of 16th and Harney.
  • Above Grade Finished Sq Ft: 1246
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Other
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: M: 402-677-4805
  • Special Features: None

Interior Features

  • Appliances: Range - Cooktop + Oven, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Basement YN: No
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1246
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bathroom Features: 3/4

Exterior Features

  • Foundation Details: Block
  • Exterior Features: None
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 459.04
  • Association Fee Frequency: Monthly
  • Association Name: Regis Residential Condominium Association
  • Association: Yes

Schools

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

Lot Info

  • Property Attached Yn: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4211

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 28, 2025
Sold by
Spencer Shelly M
Bought by
Jones Ian
Seller's Agent
Rick Nelson
Nebraska Realty
Buyer's Agent
Angela Lippert
Better Homes and Gardens R.E.
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Total Days on Market
55
Views
235
Current Estimated Value
$237,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,223
Avg. Annual Appreciation
12.13%
Original Mortgage
$198,921
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2020
Sold by
Spencer Shelly M and Wachter Shelly M
Bought by
Spencer Shelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2019
Sold by
Cameron M Billingsley Revocable Trust
Bought by
Wachter Shelly

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%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2012
Sold by
Billingsley Cameron M
Bought by
Billingsley Cameron M and The Cameron M Billingsley Revo

Purchase Details

Closed on
Sep 27, 2010
Sold by
Fau Timothy A and Fau Marsha D
Bought by
Swan Bentley L S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $230,000 Green Title & Escrow
Interfamily Deed Transfer -- None Available
Deed $150,000 Nebraska Title Company
Quit Claim Deed -- None Available
Warranty Deed $113,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $198,921 New Conventional
Previous Owner $49,450 Construction
Previous Owner $130,000 New Conventional
Previous Owner $125,000 New Conventional
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $75,000 Credit Line Revolving
Previous Owner $11,250 New Conventional
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $230,000 -3.8% $185 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
11/20/2024 11/20/24 For Sale $239,000 -- $192 / Sq Ft
Source: Great Plains Regional MLS

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 $4,211 $199,600 $4,900 $194,700
2022 $3,678 $172,300 $4,900 $167,400
2021 $3,647 $172,300 $4,900 $167,400
2020 $2,306 $107,700 $4,900 $102,800
2019 $2,313 $107,700 $4,900 $102,800
2018 $2,316 $107,700 $4,900 $102,800
2017 $2,311 $107,700 $4,900 $102,800
2016 $2,311 $107,700 $4,900 $102,800
2015 $2,280 $107,700 $4,900 $102,800
2014 $2,280 $107,700 $4,900 $102,800
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22429391

Great Plains Regional MLS

APN: 1410-5233-21