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5123 South 194th Avenue

5123 South 194th Avenue, Omaha, NE 68135
Property in Millard
Sold Aug 22, 2016
$245,000
$240,562 by American Southwest Mortgage Fu
Mortgage Due Sep 01, 2046
Sold Jul 02, 2015
$225,000
$229,837 by The Private Mortgage Group Llc
Mortgage Due Aug 01, 2045
5123 South 194th Avenue in Omaha, NE was first built in 2003 and is 21 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 bi-level style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5123 South 194th Avenue has 3,888 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 1,280 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,470. In total, the area measurement of the land is 10,290 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 440 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 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. 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. 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, 5123 South 194th Avenue sold most recently in Jul 27, 2016 for a total of $245,000. If you work out the math, that's approximately a cost of $54.35 per sqft. Before that, the property was also sold for $225,000 in Jun 17, 2015. 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 $6,552 in taxes each year. 5123 South 194th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $375,800. If we break it down further, the land itself was valued at $31,100. Improvements to the property, however, were assessed at a total of $344,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • 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: Partial basement
  • Basement Area: 1,280
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,290
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,508
  • Gross Building Area: 4,652
  • Building Area: 3,888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,888
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLANDS
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLANDS THE LOT 43 BLOCK 0 IRREG

Ownership

  • Current Owner : SIMONICH ERIC A
  • Previous Owner : FLANAGAN BRADLEY J
  • Previous Owner 2: CARMAN JAMIE
  • Owner Before Previous Owner: GEORGE RICHARD C
  • Owner Before Previous Owner 2: NIEVES GEORGE BRENDA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millard Public Schools
  • Census Tract: 007516

Zoning

  • Zoning: R4

Geography

  • Account Number: R2544190334
  • Parcel: 4419-0334-25
  • Lot: 43
  • Latitude: 41.206
  • Longitude: -96.2196

    Address

  • Full Address: 5123 S 194th Ave
  • Address - House Number: 5123
  • Street Direction: S
  • Address - Street Name: 194th
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Omaha
  • Carrier Code: R396
  • 4-Digit Zip Code: 3588
  • Zip Code: 68135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,552

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 415,416
  • High Value: 488,533
  • Low Value: 342,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE FU
  • First Open Lien Mortgage Recording Date: Aug 22, 2016
  • First Open Lien Mortgage Loan Amount: $240,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $375,800
  • Market Land Value: $31,100
  • Market Improvement Value: $344,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,800
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $344,700

    Sales

  • Current Sale Contract Date: Jul 27, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Transaction ID: 1804954692
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016068114
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Contract Date: Jun 17, 2015
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE FU
  • First Mortgage Transaction Date: Aug 22, 2016
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: THE PRIVATE MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Jul 02, 2015
  • Previous Mortgage Loan Amount: $229,837
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Millard



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Frequently Asked Questions

What neighborhood is 5123 South 194th Avenue located in?
The 5123 South 194th Avenue is a located in the neighborhood of Millard in Millard, Omaha.
What is the average sales price for listings in 5123 South 194th Avenue?
The average sales price for units in 5123 South 194th Avenue is $0 currently.

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