See Home Value
Omaha 68114 Old Loveland
503 Ridgewood Avenue
$911,464*
House - Off Market

503 Ridgewood Avenue

Omaha, NE 68114
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4474 Sqft
$702,000 - $856,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Jul 27, 2021
$765,000
$1,000,000 by Access Bank
Mortgage Due Jul 06, 2053
Sold Oct 04, 2018
$460,000
$275,000 by First Guaranty Mortgage Corp
Mortgage Due Nov 01, 2048

About This Property

Mike Salkin, M: , [email protected], www.mikesalkin.com - Park-like 2.5 story setting on prime .75 acre lot in the heart of District 66 Loveland area. Colonial-style with plenty of storage, Marvin windows, impact-resistant class 4 roofing shingles installed fall 2018, 3 fireplaces, huge family room addition, Leafguard gutters, dual HVAC installed late 2018 and one furnace installed 2017. newly renovated kitchen in 2020 with all new appliances, cabinets that have soft close doors/drawers, and granite countertops.  Newly renovated bathrooms. Fully finished basement with a bathroom that includes a sauna, a huge laundry room, and a wet bar. Hardwood floors throughout with luxury vinyl in lower level. Additional features include wet/dry sauna, 2 wetbars, large patio with gas fire pit, and laundry chute.

The manager has listed the unit size as 4474 square feet.
Unit Size
4,474Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$10,322
HOA Dues
-
Year Built
1936

Price History

Date / Event Date Event Price
Jul 27, 2021 Sold to Lynn A Preston, Michael D P... $765,000
Sold to Lynn A Preston, Michael D P...
Jun 2, 2021 No longer available -
No longer available
May 26, 2021 Price Decreased $779,000
↓ $20K (2.5%)
Price Decreased
May 5, 2021 Listed $799,000
Listed
Oct 4, 2018 Sold to Pina C Patel, Shane T Brown $460,000
Sold to Pina C Patel, Shane T Brown
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Unfinished/under construction
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,145
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 32,780
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,490
  • Total Building Area: 5,122
  • Gross Building Area: 5,122
  • Building Area: 4,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWOOD ADD
  • Land Acres: 0.753
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGEWOOD ADD LOT 5 BLOCK 2 149.1 X 220.2

Ownership

  • Current Owner : PRESTON MICHAEL D
  • Current Owner 2: PRESTON LYNN A
  • Previous Owner : BROWN SHANE T
  • Previous Owner 2: BROWN PINA C
  • Owner Before Previous Owner: HEAD ROBERT J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westside Community Schools
  • Census Tract: 006701

Zoning

  • Zoning: R1

Geography

  • Account Number: R2117510000
  • Parcel: 1751-0000-21
  • Block: 2
  • Lot: 5
  • Latitude: 41.2536
  • Longitude: -96.0402

    Address

  • Full Address: 503 Ridgewood Ave
  • Address - House Number: 503
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Omaha
  • Carrier Code: C068
  • 4-Digit Zip Code: 4430
  • Zip Code: 68114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,666
  • Intital Tax Deliquent Year: 2014

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 859,534
  • High Value: 1,027,538
  • Low Value: 691,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: ACCESS BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2023
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jul 06, 2053

    Market Valuation

  • Market Total Value: $738,500
  • Market Land Value: $155,700
  • Market Improvement Value: $582,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,500
  • Assessed Land Value: $155,700
  • Assessed Improvements Value: $582,800

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11850727398
  • Current Sale Price: $765,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021098439
  • Previous Sale Recording Date: Oct 04, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $612,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 04, 2018
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
6,521 ft²
$127/ft²
$825,000 Jan 30, 2019
-
$12,023/mo
House
4 Beds
3 Baths
2,956 ft²
$233/ft²
$688,500 Jun 7, 2022
-
$301/mo
Townhouse
4 Beds
3 Baths
2,956 ft²
$232/ft²
$685,000 Jun 7, 2022
-
$301/mo
Townhouse
3 Beds
1.5 Baths
2,980 ft²
$243/ft²
$725,000 Jun 7, 2022
-
$301/mo

About Central Omaha


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Nearby Rentals



Frequently Asked Questions

When was property at 503 Ridgewood Avenue built and last sold?
The property at 503 Ridgewood Avenue was built in 1936 and last sold on Jul 12, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 503 Ridgewood Avenue is $786,906.
What are some comparable homes to 503 Ridgewood Avenue?
There are currently no comparable homes to 503 Ridgewood Avenue.

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