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356 North 40th Street

356 North 40th Street, Omaha, NE 68131
Property in Joslyn Castle
356 North 40th Street in Omaha, NE was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 3 floors. There are a total of 19 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 356 North 40th Street has 4,234 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 1,485 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 846 ft and the linear feet between the front and back of the lot is 1,175. In total, the area measurement of the land is 9,940 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. For those who need parking, there is a carport. The garage is 360 sqft. There is one available parking space. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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 forced air unit. 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, 356 North 40th Street sold most recently in Mar 15, 2023 for a total of $340,000. If you work out the math, that's approximately a cost of $72.05 per sqft. Before that, the property was also sold for $19,700 in Jan 5, 2017. 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 $5,990 in taxes each year. 356 North 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,000. If we break it down further, the land itself was valued at $26,100. Improvements to the property, however, were assessed at a total of $313,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230307
03/07/2023
8 Bed
-
-
$350,000
bedrooms
8 Bed
bathrooms
-
$340,000 -2.86%
03/27/2023
-
Ted R. Kaasch
kwElite

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 19
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • 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: 3
  • Living Units: 4
  • Basement Type: Partial basement
  • Basement Area: 1,485
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,940
  • Lot Size Depth Feet: 1,175
  • Lot Size Frontage Feet: 846
  • Total Building Area: 4,719
  • Gross Building Area: 4,849
  • Building Area: 4,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,234
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA VETA PLACE
  • Land Acres: 0.228
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LA VETA PLACE LOT 4 BLOCK 3 1/2 VAC ALLEY & LTS 3 & 4 84.6 X 117.5

Ownership

  • Current Owner : GLASSROOTS REAL ESTATE LLC
  • Previous Owner : BCCN PROPERTIES LLC
  • Owner Before Previous Owner: EDDAL PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 005000

Zoning

  • Zoning: R7

Geography

  • Account Number: R1614290000
  • Parcel: 1429-0000-16
  • Block: 3
  • Lot: 4,3
  • Latitude: 41.2625
  • Longitude: -95.9733

    Address

  • Full Address: 356 N 40th St
  • Address - House Number: 356
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C021
  • 4-Digit Zip Code: 2342
  • Zip Code: 68131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,990

    Appraisal Valuation

  • Standard Deviation: 0.4819
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 388,218
  • High Value: 575,309
  • Low Value: 201,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: CENTRIS FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 20, 2024
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 20, 2054

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $26,100
  • Market Improvement Value: $313,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,000
  • Assessed Land Value: $26,100
  • Assessed Improvements Value: $313,900

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Transaction ID: 11904472372
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19566
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 05, 2017
  • Previous Sale Amount: $19,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRIS FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 27, 2023
  • First Mortgage Loan Amount: $262,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Midtown



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  • 1,408 ft²
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Frequently Asked Questions

What neighborhood is 356 North 40th Street located in?
The 356 North 40th Street is a located in the neighborhood of Joslyn Castle in Midtown, Omaha.
What is the average sales price for listings in 356 North 40th Street?
The average sales price for units in 356 North 40th Street is $350,000 currently.

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