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1202 North 131st Avenue

1202 North 131st Avenue, Omaha, NE 68154
House in Ridgefield
Sold Nov 05, 2018
$380,000
$308,880 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2049
Sold Aug 07, 2015
$302,000
$275,020 by Regent Financial Group Inc
Mortgage Due Sep 01, 2045
1202 North 131st Avenue has been categorized by the local assessors in Omaha, NE as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1202 North 131st Avenue has 3,508 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,370 ft and across the front of the lot is 1,140 ft. The area measurement of the land has been determined as 15,618 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 782 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1202 North 131st Avenue sold most recently in Oct 26, 2018 for a total of $380,000. If you work out the math, that's approximately a cost of $60.70 per sqft. Before that, the property was also sold for $302,000 in Jul 30, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,496 in taxes each year. 1202 North 131st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $398,000. If we break it down further, the land itself was valued at $54,400. Improvements to the property, however, were assessed at a total of $343,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,970
  • Garage Type: Attached
  • Garage Square Area: 782
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,618
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 6,260
  • Gross Building Area: 6,305
  • Building Area: 3,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEFIELD 1ST
  • Land Acres: 0.359
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGEFIELD 1ST LOT 62 BLOCK 0 IRREG

Ownership

  • Current Owner : RANCK LUKE PAUL
  • Current Owner 2: RANCK SHELLY RAE
  • Previous Owner : BUNYAN MARK
  • Previous Owner 2: BUNYAN BERNAE
  • Owner Before Previous Owner: RUNNELS RICHARD R
  • Owner Before Previous Owner 2: WAKEMAN CY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 007443

Zoning

  • Zoning: R3

Geography

  • Account Number: R2117430372
  • Parcel: 1743-0372-21
  • Lot: 62
  • Latitude: 41.2706
  • Longitude: -96.1185

    Address

  • Full Address: 1202 N 131st Ave
  • Address - House Number: 1202
  • Street Direction: N
  • Address - Street Name: 131st
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Omaha
  • Carrier Code: C084
  • 4-Digit Zip Code: 1268
  • Zip Code: 68154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,496

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 499,813
  • High Value: 604,553
  • Low Value: 395,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,880
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 12, 2019
  • First Open Lien Mortgage Loan Amount: $308,880
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $398,000
  • Market Land Value: $54,400
  • Market Improvement Value: $343,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,000
  • Assessed Land Value: $54,400
  • Assessed Improvements Value: $343,600

    Sales

  • Current Sale Contract Date: Oct 26, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11548631611
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018087972
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Contract Date: Jul 30, 2015
  • Previous Sale Amount: $302,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 05, 2018
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: REGENT FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Aug 07, 2015
  • Previous Mortgage Loan Amount: $275,020
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About West Omaha



Similar Buildings

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Nearby Rentals

Unit for rent at 761 N 130 Plaza N, Omaha, NE, 68154

$1,900 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,346 ft²
761 N 130 Plaza N, Omaha, NE, 68154 Listing by Julie Sweet

Frequently Asked Questions

What neighborhood is 1202 North 131st Avenue located in?
The 1202 North 131st Avenue is a house located in the neighborhood of Ridgefield in West Omaha, Omaha.
What is the average sales price for listings in 1202 North 131st Avenue?
The average sales price for units in 1202 North 131st Avenue is $0 currently.

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