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502 South 70th Street

502 South 70th Street, Omaha, NE 68106
Property in Elmwood Park
Sold Aug 22, 2017
$175,000
$139,920 by Regent Financial Group Inc
Mortgage Due Sep 01, 2032
Sold Jun 13, 2014
$130,000
502 South 70th Street in Omaha, NE was first built in 1960 and is 64 years old. This has been categorized as a residential property type. 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 are a total of 3 full bathrooms. There are 3 partial bathrooms. 502 South 70th Street has 1,678 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 1,296 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 8,165 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 garage underground or in the basement. The garage is 1 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 central heating system. The property was last sold in Jul 31, 2017 for $175,000. That's $67.52 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2014 for $130,000. 502 South 70th Street was last assessed in 2023. The total value of the property was assessed at $158,100. Specifically, the land the property is located on was valued at $22,900. While improvements on the property were assessed at a total of $135,200. 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 $3,460. 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. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • 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: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,296
  • Garage Type: Underground/basement
  • Garage Square Area: 1
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,165
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 1,678
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,678
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEL-AIRE
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEL-AIRE LOT 19 BLOCK 1 N 70.6 FT

Ownership

  • Current Owner : GHOSH TANUSHREE
  • Current Owner 2: IYER MURALIKRISHNA
  • Previous Owner : MADDEN KATHRYN L
  • Previous Owner 2: MADDEN JOHN
  • Owner Before Previous Owner: MARBLE DAVID P
  • Owner Before Previous Owner 2: MARBLE ETHEL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westside Community Schools
  • Census Tract: 004600

Zoning

  • Zoning: R435

Geography

  • Account Number: R1734910000
  • Parcel: 3491-0000-17
  • Block: 1
  • Lot: 19
  • Latitude: 41.2559
  • Longitude: -96.0213

    Address

  • Full Address: 502 S 70th St
  • Address - House Number: 502
  • Street Direction: S
  • Address - Street Name: 70th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C001
  • 4-Digit Zip Code: 1012
  • Zip Code: 68106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,460

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 283,023
  • High Value: 334,244
  • Low Value: 231,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,920
  • First Open Lien Mortgage Lender: REGENT FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 22, 2017
  • First Open Lien Mortgage Loan Amount: $139,920
  • 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: Sep 01, 2032

    Market Valuation

  • Market Total Value: $158,100
  • Market Land Value: $22,900
  • Market Improvement Value: $135,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,100
  • Assessed Land Value: $22,900
  • Assessed Improvements Value: $135,200

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Transaction ID: 11338870777
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017066330
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Contract Date: Jun 10, 2014
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGENT FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Aug 22, 2017
  • First Mortgage Loan Amount: $139,920
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2032

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 502 South 70th Street located in?
The 502 South 70th Street is a located in the neighborhood of Elmwood Park in South Central Omaha, Omaha.
What is the average sales price for listings in 502 South 70th Street?
The average sales price for units in 502 South 70th Street is $0 currently.

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