Check Availability

5251 South 48th Avenue

5251 South 48th Avenue, Omaha, NE 68117
Sold Jan 14, 2021
$155,000
Sold Jun 30, 2014
$83,000
$81,496 by First Mortgage Company Llc
Mortgage Due Jul 01, 2044
5251 South 48th Avenue 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 1935 and is 89 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5251 South 48th Avenue has 991 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 758 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 1,350 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unfinished\under construction 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 436 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 a combination of material. 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. 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, 5251 South 48th Avenue was last sold in Jan 11, 2021 for $155,000. According to our calculations, that's $102.24 per sqft. Prior to that sales transaction, the property was sold for $83,000 in Jun 30, 2014. Current property owners are expected to pay $3,018 in taxes per year. The property on 5251 South 48th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $139,800. To break that down further, the land itself was valued at $16,500. While improvements to the property were assessed at a total of $123,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C
  • 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: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 758
  • Garage Type: Carport
  • Garage Square Area: 436
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,516
  • Gross Building Area: 1,576
  • Building Area: 991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMESTEAD ADD
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOMESTEAD ADD LOT 113 BLOCK 0 ALL LTS 112 & 80 X 135

Ownership

  • Current Owner : SITTIG TIMOTHY
  • Current Owner 2: SITTIG TIMOTHY E
  • Previous Owner : FERNANDEZ ELIZABETH LUQUE
  • Previous Owner 2: LUQUE MORENO JOSE
  • Owner Before Previous Owner: MURKISON MAXINE S ESTATE OF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 007102

Zoning

  • Zoning: R435

Geography

  • Account Number: R1330600000
  • Parcel: 3060-0000-13
  • Lot: 113
  • Latitude: 41.2038
  • Longitude: -95.9875

    Address

  • Full Address: 5251 S 48th Ave
  • Address - House Number: 5251
  • Street Direction: S
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: NE
  • City Name: Omaha
  • Carrier Code: C033
  • 4-Digit Zip Code: 2511
  • Zip Code: 68117

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,018

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 214,639
  • High Value: 261,757
  • Low Value: 167,521

    Market Valuation

  • Market Total Value: $139,800
  • Market Land Value: $16,500
  • Market Improvement Value: $123,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,800
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $123,300

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11817528884
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021006234
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jun 30, 2014
  • Previous Mortgage Loan Amount: $81,496
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About South Omaha



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,000 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,830 ft²
Listing by Mamta Malkan

Frequently Asked Questions

What neighborhood is 5251 South 48th Avenue located in?
The 5251 South 48th Avenue is a house located in the neighborhood of Social Settlement in South Omaha, Omaha.
What is the average sales price for listings in 5251 South 48th Avenue?
The average sales price for units in 5251 South 48th Avenue is $0 currently.

Quantcast