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12942 Olive Street

12942 Olive Street, Omaha, NE 68138
Property in Sarpy
Sold Jul 15, 2016
$132,000
$125,020 by First National Bank Of Omaha
Mortgage Due Aug 01, 2046
Sold May 17, 2005
$120,000
$116,116 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2035
12942 Olive Street 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 1980 and is 44 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12942 Olive Street has 1,197 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 836 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,330 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 9,057 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

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 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a 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, 12942 Olive Street sold most recently in Jun 29, 2016 for a total of $132,000. If you work out the math, that's approximately a cost of $60.66 per sqft. Before that, the property was also sold for $120,000 in May 6, 2005. 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 $3,070 in taxes each year. The initial year of tax delinquency occurred in 2005. 12942 Olive Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,253. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $147,253. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split foyer
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 836
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,057
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLARD HIGHLANDS SOUTH
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 549 MILLARD HIGHLANDS SOUTH REPLAT II

Ownership

  • Current Owner : PADILLA V ROBERTO
  • Current Owner 2: DAMAS ANGELA EMERITA
  • Previous Owner : LAUGHHUNN COLBY D
  • Previous Owner 2: LAUGHHUNN KATHLEEN P
  • Owner Before Previous Owner: JENSEN CORVIN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millard Public Schools
  • Census Tract: 010633

Geography

  • Assessors Map Reference: 2959-18-0-60264
  • Account Number: 13435911
  • Parcel: 010957006
  • Lot: 549
  • Latitude: 41.1865
  • Longitude: -96.1175

    Address

  • Full Address: 12942 Olive St
  • Address - House Number: 12942
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: R093
  • 4-Digit Zip Code: 3202
  • Zip Code: 68138

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,070
  • Intital Tax Deliquent Year: 2005
  • Tax Rate Code Area: 17014

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 234,626
  • High Value: 281,745
  • Low Value: 187,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,020
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • First Open Lien Mortgage Recording Date: Jul 15, 2016
  • First Open Lien Mortgage Loan Amount: $125,020
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $180,253
  • Market Land Value: $33,000
  • Market Improvement Value: $147,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,253
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $147,253

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Transaction ID: 1677840467
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-17083
  • Previous Sale Recording Date: May 17, 2005
  • Previous Sale Contract Date: May 06, 2005
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • First Mortgage Transaction Date: Jul 15, 2016
  • First Mortgage Loan Amount: $125,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 17, 2005
  • Previous Mortgage Loan Amount: $116,116
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Chalco



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Frequently Asked Questions

What neighborhood is 12942 Olive Street located in?
The 12942 Olive Street is a located in the neighborhood of Sarpy in Chalco, Omaha.
What is the average sales price for listings in 12942 Olive Street?
The average sales price for units in 12942 Olive Street is $0 currently.

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