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5016 Nicholas Street

5016 Nicholas Street, Omaha, NE 68132
Property in Dundee
Sold Jul 18, 2022
$450,000
$360,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2052
Sold Apr 24, 2013
$195,000
5016 Nicholas Street in Omaha, NE was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5016 Nicholas Street has 1,902 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 1,422 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 500 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 6,750 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 440 sqft. 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 stucco. 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, 5016 Nicholas Street was last sold in Jul 12, 2022 for $450,000. According to our calculations, that's $236.59 per sqft. Prior to that sales transaction, the property was sold for $195,000 in Apr 16, 2013. Current property owners are expected to pay $5,962 in taxes per year. The property on 5016 Nicholas Street was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $281,700. To break that down further, the land itself was valued at $53,000. While improvements to the property were assessed at a total of $228,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • 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: Finished improved basement
  • Basement Area: 1,422
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,902
  • Building Area: 1,902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,902
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUNDEE PLACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUNDEE PLACE LOT 17 BLOCK 106 50 X 135

Ownership

  • Current Owner : CANDICE MI JUNG
  • Previous Owner : HOFMEISTER JOHN D
  • Previous Owner 2: HOFMEISTER ELIZABETH A
  • Owner Before Previous Owner: UNITED STATES OF AMERICA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 004800

Geography

  • Account Number: R0950220000
  • Parcel: 0950220000
  • Block: 106
  • Lot: 17
  • Latitude: 41.2699
  • Longitude: -95.9917

    Address

  • Full Address: 5016 Nicholas St
  • Address - House Number: 5016
  • Address - Street Name: Nicholas
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C036
  • 4-Digit Zip Code: 1432
  • Zip Code: 68132

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $5,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $281,700
  • Market Land Value: $53,000
  • Market Improvement Value: $228,700

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $281,700
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Transaction ID: 11892443598
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 73095
  • Previous Sale Recording Date: Apr 24, 2013
  • Previous Sale Contract Date: Apr 16, 2013
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 18, 2022
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

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Frequently Asked Questions

What neighborhood is 5016 Nicholas Street located in?
The 5016 Nicholas Street is a located in the neighborhood of Dundee in Central Omaha, Omaha.
What is the average sales price for listings in 5016 Nicholas Street?
The average sales price for units in 5016 Nicholas Street is $0 currently.

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