848 Fairacres Rd Omaha, NE 68132
East Central Omaha NeighborhoodEstimated Value: $1,001,000 - $1,505,000
3
Beds
6
Baths
3,284
Sq Ft
$412/Sq Ft
Est. Value
About This Home
This home is located at 848 Fairacres Rd, Omaha, NE 68132 and is currently estimated at $1,351,550, approximately $411 per square foot. 848 Fairacres Rd is a home located in Douglas County with nearby schools including John F. Kennedy Elementary School, Lewis & Clark Middle School, and Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2018
Sold by
Hodges Eric D and Hodges Lisa R
Bought by
Smith Michael P and Smith Sarah E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,875
Outstanding Balance
$632,810
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$718,740
Purchase Details
Closed on
Jul 23, 2003
Sold by
Kinnamon Daniel B and Kinnamon Marquetta A
Bought by
Hodges Eric D and Hodges Lisa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Michael P | $773,000 | None Available | |
| Hodges Eric D | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Michael P | $733,875 | |
| Previous Owner | Hodges Eric D | $472,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $15,689 | $970,200 | $294,400 | $675,800 |
| 2024 | $20,469 | $970,200 | $294,400 | $675,800 |
| 2023 | $20,469 | $970,200 | $294,400 | $675,800 |
| 2022 | $18,131 | $849,400 | $294,400 | $555,000 |
| 2021 | $15,934 | $752,800 | $294,400 | $458,400 |
| 2020 | $13,666 | $638,300 | $294,400 | $343,900 |
| 2019 | $13,706 | $638,300 | $294,400 | $343,900 |
| 2018 | $13,725 | $638,300 | $294,400 | $343,900 |
| 2017 | $13,792 | $638,300 | $294,400 | $343,900 |
| 2016 | $11,710 | $545,700 | $219,200 | $326,500 |
Source: Public Records
Map
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