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1940 South 48th Street

1940 South 48th Street, Omaha, NE 68106
Property in Beals
Sold Aug 27, 2019
$126,000
$101,500 by First National Bank Of Omaha
Mortgage Due Jan 01, 2051
Sold Aug 24, 2009
$86,000
$65,500 by Tierone Bank
Mortgage Due Sep 01, 2039
Local assessors in Omaha, NE have categorized 1940 South 48th Street as a residential type of property. The home was built in 1944 and is 80 years old. The property's lot size has been calculated to be 6,350 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 500 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, 3 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 are also 2 partial bathrooms. 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 1940 South 48th Street has a total of 1,395 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 720 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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. The property was last sold in Aug 16, 2019 for $126,000. That's $72.92 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2009 for $86,000. 1940 South 48th Street was last assessed in 2023. The total value of the property was assessed at $164,300. Specifically, the land the property is located on was valued at $14,300. While improvements on the property were assessed at a total of $150,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,634. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Partial basement
  • Basement Area: 720
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,350
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,728
  • Gross Building Area: 1,798
  • Building Area: 1,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHRIVER PLACE
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHRIVER PLACE LOT 11 BLOCK 1 50 X 127.5

Ownership

  • Current Owner : GOLDEN QUALITY REAL ESTATE LLC
  • Previous Owner : MANION JOSHUA M
  • Owner Before Previous Owner: MARION ELIZABETH
  • Owner Before Previous Owner 2: ARIAS ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 003500

Zoning

  • Zoning: R435

Geography

  • Account Number: R2214260000
  • Parcel: 1426-0000-22
  • Block: 1
  • Lot: 11
  • Latitude: 41.2401
  • Longitude: -95.9857

    Address

  • Full Address: 1940 S 48th St
  • Address - House Number: 1940
  • Street Direction: S
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C015
  • 4-Digit Zip Code: 3207
  • Zip Code: 68106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,634

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 195,171
  • High Value: 237,184
  • Low Value: 153,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,500
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $101,500
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $164,300
  • Market Land Value: $14,300
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,300
  • Assessed Land Value: $14,300
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Transaction ID: 11644397308
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019068805
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Contract Date: Aug 10, 2009
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TIERONE BANK
  • Previous Mortgage Transaction Date: Aug 24, 2009
  • Previous Mortgage Loan Amount: $65,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2039

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Frequently Asked Questions

What neighborhood is 1940 South 48th Street located in?
The 1940 South 48th Street is a located in the neighborhood of Beals in South Central Omaha, Omaha.
What is the average sales price for listings in 1940 South 48th Street?
The average sales price for units in 1940 South 48th Street is $0 currently.

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