NOT LISTED FOR SALE

821 S 42nd St Unit 1,2,3 Omaha, NE 68105

Leavenworth Neighborhood

Estimated Value: $273,000 - $1,207,000

9 Beds
6 Baths
4,608 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,120,000 $243 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $4,397/month

2 Days on Market

Highlights

  • 0.28 Acre Lot
  • Porch
  • Patio
  • No HOA
  • 6 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Rare Investment Opportunity! Three Townhomes that have been purposefully remodeled with the modern renter in mind. Luxury Vinyl Plank, Marble and Ceramic tile, new stainless steel appliances, new plumbing fixtures throughout make this opportunity a low maintenance investment for any first-time investor. Each unit is comprised of 3 bedrooms, 2.5 bathrooms, that include two car attached garages. In addition to the covered parking, each unit has large storage areas in the lower levels. Two of the three units have been rented at a market rate, setting up the ideal house hack. Please inquire for financial information.

Last Agent to Sell the Property

Jamie Afanasiev

Better Homes and Gardens R.E. License #20140574 Listed on: 07/26/2023

Better Homes and Gardens R.E.

Last Buyer's Agent

Bambi Case

Nebraska Realty License #20160226

Nebraska Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 2001

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 94.75 x 130

Parking

  • 6 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Beals Elementary School
  • Norris Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $7,500
  • Assessor Parcel Number 232476002

Community Details

Overview

  • No Home Owners Association
  • 4,608 Sq Ft Building
  • Thornburg Place Subdivision

Building Details

  • Insurance Expense $5,000
  • Maintenance Expense $5,000
  • Operating Expense $20,000
  • Net Operating Income $70,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Parcel Number: 232476002
  • Property Sub Type: Multi Family
  • Year Built: 2001
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2828
  • Lot Size: 94.75 x 130
  • Ownership: Fee Simple
  • Subdivision Name: Thornburg Place
  • Directions: North of 42nd and Marcy.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Range - Cooktop + Oven, Refrigerator, Dishwasher, Disposal, Microwave, Washer, Dryer
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Fireplace: No
  • Living Area: 4608
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Attached Garage: Yes
  • Covered Parking Spaces: 6
  • Parking Features: Attached
  • Total Parking Spaces: 11

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 12317.5
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 5000
  • Maintenance Expense: 5000
  • Operating Expense: 20000
  • Number Of Units Total: 3
  • Property Net Operating Income: 70000
  • Total Actual Rent: 7500

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Optimal Medical Services International L
Bought by
Cman Llc and 819 Jjj Llc
Current Estimated Value
$741,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Interest Rate
6.27%
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
Cman Llc $611,000 Dri Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M D Twill Llc $400,000
Closed Cman Llc $407,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,120,000 -10.4% $243 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,250,000 -- $271 / 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 $3,154 $149,500 $5,000 $144,500
2022 $3,191 $149,500 $5,000 $144,500
2021 $3,164 $149,500 $5,000 $144,500
2020 $3,201 $149,500 $5,000 $144,500
2019 $3,210 $149,500 $5,000 $144,500
2018 $3,215 $149,500 $5,000 $144,500
2017 $3,230 $149,500 $5,000 $144,500
2016 $3,208 $149,500 $5,000 $144,500
2015 $3,165 $149,500 $5,000 $144,500
2014 $3,165 $149,500 $5,000 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22316789

Great Plains Regional MLS

APN: 2541-0502-23