Check Availability

1322 Polk Street

1322 Polk Street, Omaha, NE 68107
Property in Brown Park
Sold Dec 09, 2020
$101,000
$99,170 by Gateway First Bank
Mortgage Due Jan 01, 2051
Local assessors in Omaha, NE have categorized 1322 Polk Street as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 10,500 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1322 Polk Street has a total of 1,180 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1322 Polk Street sold most recently in Nov 12, 2020 for a total of $101,000. If you work out the math, that's approximately a cost of $51.74 per sqft. 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 $2,284 in taxes each year. 1322 Polk Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,600. If we break it down further, the land itself was valued at $17,300. Improvements to the property, however, were assessed at a total of $97,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1912
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 772
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,952
  • Gross Building Area: 2,177
  • Building Area: 1,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOPPES BONANZA
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOPPES BONANZA LOT 20 BLOCK 1 W 25 FT LOT 21 & ALL 75 X 140

Ownership

  • Current Owner : KOMOR MARY ELIZABETH
  • Previous Owner : WILSON PATRICIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 002800

Zoning

  • Zoning: R435

Geography

  • Account Number: R1400850000
  • Parcel: 0085-0000-14
  • Block: 1
  • Lot: 20,21
  • Latitude: 41.1921
  • Longitude: -95.9345

    Address

  • Full Address: 1322 Polk St
  • Address - House Number: 1322
  • Address - Street Name: Polk
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C023
  • 4-Digit Zip Code: 4340
  • Zip Code: 68107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,284

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 177,296
  • High Value: 214,450
  • Low Value: 140,142

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $111,808
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $99,170
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Oct 13, 2022
  • Second Open Lien Mortgage Loan Amount: $12,638
  • Second Open Lien Mortgage Term: 338
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $114,600
  • Market Land Value: $17,300
  • Market Improvement Value: $97,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,600
  • Assessed Land Value: $17,300
  • Assessed Improvements Value: $97,300

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11814132604
  • Current Sale Price: $101,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020145636

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FIRST BANK
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $99,170
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About South Omaha



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7525 S 22 Street, Bellevue, NE, 68147

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,512 ft²
7525 S 22 Street, Bellevue, NE, 68147 Listing by Suzanne Klenc
Unit for rent at 2517 Virginia Street, Bellevue, NE, 68147

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,364 ft²
2517 Virginia Street #2519 Virginia Street, Bellevue, NE, 68147 Listing by Manager

Frequently Asked Questions

What neighborhood is 1322 Polk Street located in?
The 1322 Polk Street is a located in the neighborhood of Brown Park in South Omaha, Omaha.
What is the average sales price for listings in 1322 Polk Street?
The average sales price for units in 1322 Polk Street is $0 currently.

Quantcast