NOT LISTED FOR SALE

7040 Rainwood Rd Omaha, NE 68152

Estimated Value: $454,000 - $526,000

2 Beds
1.5 Baths
2,358 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $345,000 $146 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,958/month

76 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Contemporary Architecture
  • Cathedral Ceiling
  • No HOA

About This Home

As of June 2020

Contemporary ranch located on over 5 wooded acres. This 2 Bed 3 Bath ranch is overflowing with potential. Incredible opportunity to feel like you're out of the city while still being 15 minutes to downtown.

Last Agent to Sell the Property

Graham Person

BHHS Ambassador Real Estate License #20140600 Listed on: 02/14/2020

BHHS Ambassador Real Estate

Last Buyer's Agent

Diane Hughes

BHHS Ambassador Real Estate License #20120207

BHHS Ambassador Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1980

Lot Details

  • 5.18 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Block Foundation
  • Composition Roof

Interior Spaces

  • Cathedral Ceiling
  • Sliding Doors
  • Living Room with Fireplace
  • Oven

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Springville Elementary School
  • Hale Middle School
  • Northwest High School

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0138600030
  • Tax Block 1000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,303

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 0138600030
  • Property Sub Type: Single Family Residence
  • Year Built: 1980
  • Prop. Type: Residential
  • Lot Size Acres: 5.179
  • Lot Size: See Legal Description.
  • Ownership: Fee Simple
  • Subdivision Name: Lands
  • Directions: North on 72nd Street from 680. Turn East onto Rainwood Rd. Driveway is the second one to the North side of Rainwood.
  • Above Grade Finished Sq Ft: 1558
  • Architectural Style: Ranch, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement: Daylight, Egress, Walk-Out Access, Partial, Partially Finished
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 800
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2358
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Assessor
  • Room Kitchen Area: 95
  • Bedroom 1 Level: Main Floor
  • Room Dining Room Area: 254.6875
  • Room Family Room Area: 329.8264
  • Room Living Room Area: 371
  • Dining Room Dining Room Level: Main Floor
  • Room Family Room Level: Below Grade
  • Room Kitchen Features: Ceramic Tile Floor
  • Living Room Living Room Level: Main Floor
  • Bedroom 1 Features: Wall/Wall Carpeting
  • Room Master Bedroom Area: 175.875
  • Dining Room Features: Ceramic Tile Floor
  • Family Room Features: Wall/Wall Carpeting
  • Living Room Features: Wood Floor, Fireplace, Cath./Vaulted Ceiling, Sliding Glass Door
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 11.1667
  • Master Bedroom Features: Wood Floor
  • Master Bathroom Features: Full

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Wood
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump
  • Laundry Features: Ceramic Tile Floor
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Northwest
  • Elementary School: Springville
  • Junior High Dist: Omaha
  • Middle Or Junior School: Hale

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 5 up to 10 Acres, Rolling Slope, Sloped, Wooded, Irregular Lot
  • Lot Size Sq Ft: 225640
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3302.66
  • Tax Block: 1000

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jun 9, 2020
Sold by
Aretz Danijela and Sewell James
Bought by
Hubbell David and Bowmaster Vanessa
Seller's Agent
Graham Person
BHHS Ambassador Real Estate
Buyer's Agent
Diane Hughes
BHHS Ambassador Real Estate
List Price
$410,000
Sold Price
$345,000
Premium/Discount to List
-$65,000
-15.85%
Current Estimated Value
$490,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,613
Avg. Annual Appreciation
4.59%
Original Mortgage
$323,000
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Hubbell David $345,000 Ambassador Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hubbell David $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $345,000 -13.8% $146 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $400,000 -2.4% $170 / Sq Ft
02/14/2020 02/14/20 For Sale $410,000 -- $174 / 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
2024 $3,479 $303,500 $81,500 $222,000
2023 $3,479 $211,100 $81,500 $129,600
2022 $3,577 $211,800 $82,200 $129,600
2021 $3,582 $211,800 $82,200 $129,600
2020 $3,627 $211,800 $82,200 $129,600
2019 $3,303 $193,100 $82,200 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22003448

Great Plains Regional MLS

APN: 0138-6000-30