NOT LISTED FOR SALE

4219 - 4221 Madison St Omaha, NE 68107

South Central Omaha Neighborhood
7 Beds
3 Baths
4,200 Sq Ft
0.39 Acres

Last Sold August 27, 2014

Last sale price $135,000 $32 Per Sq Ft

148 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 4 Car Attached Garage
  • Property is Fully Fenced

About This Home

As of August 2014

Unique opportunity for owner to occupy and receive rental income. Could also serve the needs of a very large or extended family. Huge duplex w/5BR up and 2BR down. 2BR LL unit is roughly 1180sf w/1.5BA plus room for office. Upper unit includes rec room in LL w/iron spiral staircase. .39 acre lot. Property needs work. Will require cash or rehab loan. NOI/OE estimated.

Last Agent to Sell the Property

Suzan Downing

Nebraska Realty License #20050408 Listed on: 03/17/2014

Nebraska Realty

Last Buyer's Agent

Ben Gonzales

Nebraska Realty License #20140011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 140 x 122
  • Property is Fully Fenced

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 4,200 Sq Ft Home
  • 1 Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ashland Park/Robbins Elementary School
  • Bryan Middle School
  • Bryan High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $1,750
  • Assessor Parcel Number 2310770002
  • Tax Block 65

Community Details

Overview

  • No Home Owners Association
  • 4,200 Sq Ft Building
  • Sunshine Farms Subdivision

Building Details

  • Operating Expense $9,450
  • Net Operating Income $11,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Parcel Number: 2310770002
  • Property Sub Type: Multi Family
  • Year Built: 1970
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3921
  • Lot Size: 140 x 122
  • Ownership: Fee Simple
  • Subdivision Name: Sunshine Farms
  • Directions: Turn west onto Madison St from 42nd St.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Remarks22: AMA. Duplex with 5BR up and 2BR down. AATLA. NOI/OE estimated. Also listed under residential MLS#21404531. Last buyers loan denied due to non-conforming zoning. Planning Board expected to approve rezoning to R5 Aug 6th.
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE2COOLING_82: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • BK9_LFD_TYPE2HEATFUEL_81: Gas
  • BK9_LFD_TYPE2HEATTYPE_80: Forced Air
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4200

Exterior Features

  • Fencing: Full
  • Construction Type: Hardboard, Brick/Other
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Bryan
  • Elementary School: Ashland Park/Robbins
  • Junior High Dist: Omaha
  • Middle Or Junior School: Bryan

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 17080
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Operating Expense: 9450
  • Number Of Units Total: 2
  • Property Net Operating Income: 11550
  • Total Actual Rent: 1750

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4574.8
  • Tax Block: 65

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2014 08/27/14 Sold $135,000 0.0% $32 / Sq Ft
08/27/2014 08/27/14 Sold $135,000 -27.0% $31 / Sq Ft View Prior Sale
08/05/2014 08/05/14 Pending -- -- --
08/05/2014 08/05/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $185,000 0.0% $44 / Sq Ft
03/10/2014 03/10/14 For Sale $185,000 -- $43 / Sq Ft
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Suzan Downing

    Seller's Agent in 2014

    Suzan Downing

    Nebraska Realty

    (402) 689-0121

    1 in this area

    30 Total Sales

    Suzan Downing
    Section Image

  • B

    Buyer's Agent in 2014

    Ben Gonzales

    Nebraska Realty

See All Agents

Map

Source: Great Plains Regional MLS

MLS Number: 21404677

Great Plains Regional MLS
Nebraska Douglas County Omaha 68107 South Central Omaha

4219 - 4221 Madison St, Omaha, NE

Not Listed for Sale

MultiFamily

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