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5024 North 42nd Street

5024 North 42nd Street, Omaha, NE 68111
Property in Triple One
Sold Jan 29, 2021
$95,000
$76,000 by Regent Financial Group Inc
Mortgage Due Feb 01, 2051
Sold Mar 29, 2005
$16,000
5024 North 42nd Street has been categorized by the local assessors in Omaha, NE as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5024 North 42nd Street has 941 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 660 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,160 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 5,336 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 240 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Jan 20, 2021 for $95,000. That's $71.64 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2005 for $16,000. 5024 North 42nd Street was last assessed in 2023. The total value of the property was assessed at $88,400. Specifically, the land the property is located on was valued at $8,300. While improvements on the property were assessed at a total of $80,100. 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 $1,819. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • 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: 660
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,336
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,326
  • Gross Building Area: 1,417
  • Building Area: 941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 941
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIEMSSEN PLACE
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SIEMSSEN PLACE LOT 1 BLOCK 0 44 X 116

Ownership

  • Current Owner : MONTAGUE WILLIAM LOUIS
  • Current Owner 2: MONTAGUE MICHELLE M
  • Previous Owner : COX WAYNE A
  • Previous Owner 2: COX KAREN
  • Owner Before Previous Owner: YOUNG R GLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 006000

Zoning

  • Zoning: R4(35)

Geography

  • Account Number: R2221810000
  • Parcel: 2181-0000-22
  • Lot: 1
  • Latitude: 41.3048
  • Longitude: -95.976

    Address

  • Full Address: 5024 N 42nd St
  • Address - House Number: 5024
  • Street Direction: N
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C034
  • 4-Digit Zip Code: 1821
  • Zip Code: 68111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,819

    Appraisal Valuation

  • Standard Deviation: 0.2307
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 136,668
  • High Value: 168,205
  • Low Value: 105,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: REGENT FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Jan 29, 2021
  • First Open Lien Mortgage Loan Amount: $76,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $88,400
  • Market Land Value: $8,300
  • Market Improvement Value: $80,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,400
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $80,100

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11817486880
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021012791
  • Previous Sale Recording Date: Mar 29, 2005
  • Previous Sale Contract Date: Mar 29, 2005
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGENT FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $76,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About North Omaha



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5024 North 42nd Street located in?
The 5024 North 42nd Street is a located in the neighborhood of Triple One in North Omaha, Omaha.
What is the average sales price for listings in 5024 North 42nd Street?
The average sales price for units in 5024 North 42nd Street is $0 currently.

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