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307 South 51st Street

307 South 51st Street, Omaha, NE 68132
Sold Oct 16, 2018
$295,000
$230,000 by Dundee Bank
Mortgage Due Oct 01, 2034
Sold Jul 03, 2013
$222,000
$177,192 by Us Bank Na
Mortgage Due Aug 01, 2043
307 South 51st Street in Omaha, NE was first built in 1922 and is 102 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 307 South 51st Street has 2,424 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 884 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,615 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 307 South 51st Street was last sold in Sep 28, 2018 for $295,000. According to our calculations, that's $97.30 per sqft. Prior to that sales transaction, the property was sold for $222,000 in Jun 28, 2013. Current property owners are expected to pay $6,619 in taxes per year. The property on 307 South 51st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $374,300. To break that down further, the land itself was valued at $52,600. While improvements to the property were assessed at a total of $321,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 884
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,615
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 490
  • Total Building Area: 3,032
  • Gross Building Area: 3,304
  • Building Area: 2,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUNDEE PLACE
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUNDEE PLACE LOT 21 BLOCK 135 49 X 135

Ownership

  • Current Owner : HARDY ALLISON
  • Previous Owner : PHILLIPS DAVID A
  • Previous Owner 2: PHILLIPS SHIRI D
  • Owner Before Previous Owner: WELSH AARON J
  • Owner Before Previous Owner 2: WELSH ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 004500

Zoning

  • Zoning: R3

Geography

  • Account Number: R0956110000
  • Parcel: 5611-0000-09
  • Block: 135
  • Lot: 21
  • Latitude: 41.2573
  • Longitude: -95.9924

    Address

  • Full Address: 307 S 51st St
  • Address - House Number: 307
  • Street Direction: S
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C031
  • 4-Digit Zip Code: 3527
  • Zip Code: 68132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,619

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 434,940
  • High Value: 517,826
  • Low Value: 352,054

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: DUNDEE BANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2019
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $374,300
  • Market Land Value: $52,600
  • Market Improvement Value: $321,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,300
  • Assessed Land Value: $52,600
  • Assessed Improvements Value: $321,700

    Sales

  • Current Sale Contract Date: Sep 28, 2018
  • Current Sale Recording Date: Oct 16, 2018
  • Current Sale Transaction ID: 11538356487
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018082163
  • Previous Sale Recording Date: Jul 03, 2013
  • Previous Sale Contract Date: Jun 28, 2013
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGENT FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Oct 16, 2018
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jul 03, 2013
  • Previous Mortgage Loan Amount: $177,192
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 307 South 51st Street located in?
The 307 South 51st Street is a house located in the neighborhood of Dundee - Memorial Park in Central Omaha, Omaha.
What is the average sales price for listings in 307 South 51st Street?
The average sales price for units in 307 South 51st Street is $0 currently.

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