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3812 Drexel Street

3812 Drexel Street, Omaha, NE 68107
Property in Morton Park
Sold Feb 03, 2020
$65,000
$50,000 by Cobalt Cu
Mortgage Due Nov 01, 2049
3812 Drexel Street in Omaha, NE was first built in 1950 and is 74 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 ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3812 Drexel Street has 720 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 linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 12,500 square feet.

Learn more about the property and building on this page. There is 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 576 sqft. There are a total of 2 available parking spaces. 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 fair. 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 central heating system. 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, 3812 Drexel Street sold most recently in Oct 15, 2019 for a total of $65,000. If you work out the math, that's approximately a cost of $45.14 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 $2,094 in taxes each year. 3812 Drexel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,600. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $88,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 720
  • Garage Type: Carport
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,440
  • Gross Building Area: 1,468
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELIAS 1ST ADD
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MELIAS 1ST ADD LOT 18 BLOCK 7 LOTS 17 & 18 BLOCK 7 100 X 125

Ownership

  • Current Owner : SMITH DUSTIN L
  • Current Owner 2: GLEASON SHELBY L
  • Previous Owner : WOLF DEBRA L
  • Previous Owner 2: WOLF MATTHEW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 003000

Geography

  • Account Number: R1737540002
  • Parcel: 3754-0002-17
  • Block: 7
  • Lot: 18,17
  • Latitude: 41.1929
  • Longitude: -95.9708

    Address

  • Full Address: 3812 Drexel St
  • Address - House Number: 3812
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C029
  • 4-Digit Zip Code: 3856
  • Zip Code: 68107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,094

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 140,647
  • High Value: 172,651
  • Low Value: 108,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: COBALT CU
  • First Open Lien Mortgage Recording Date: Feb 03, 2020
  • First Open Lien Mortgage Loan Amount: $50,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $106,600
  • Market Land Value: $18,000
  • Market Improvement Value: $88,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,600
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $88,600

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Transaction ID: 11753936574
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020010474

    Last Sale Mortgage

  • First Mortgage Lender: COBALT CU
  • First Mortgage Transaction Date: Feb 03, 2020
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 3812 Drexel Street located in?
The 3812 Drexel Street is a located in the neighborhood of Morton Park in South Omaha, Omaha.
What is the average sales price for listings in 3812 Drexel Street?
The average sales price for units in 3812 Drexel Street is $0 currently.

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