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5401 North 78th Street

5401 North 78th Street, Omaha, NE 68134
Sold Dec 11, 2018
$145,000
$142,373 by First National Bank Of Omaha
Mortgage Due Jan 01, 2049
Sold Dec 27, 2010
$70,000
5401 North 78th Street in Omaha, NE was first built in 1951 and is 73 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 ranch/rambler style. 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 is only one bathroom. There is a 1 partial bathroom. 5401 North 78th Street has 1,144 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 linear feet across the front of the lot is 1,440 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 28,800 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 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. 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, 5401 North 78th Street was last sold in Nov 27, 2017 for $145,000. According to our calculations, that's $53.15 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Dec 7, 2010. Current property owners are expected to pay $3,272 in taxes per year. The property on 5401 North 78th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $181,900. To break that down further, the land itself was valued at $35,500. While improvements to the property were assessed at a total of $146,400. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 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: Unspecified basement
  • Basement Area: 1,144
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,800
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,440
  • Total Building Area: 2,728
  • Gross Building Area: 2,848
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANDS
  • Land Acres: 0.661
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANDS SEC-TWN-RGE 35-16-12 N 144 S 399 W 233 FT SW 1/4 SE 1/4

Ownership

  • Current Owner : CUMMINGS PATRICK
  • Previous Owner : MAGNUSON DENNIS
  • Previous Owner 2: MAGNUSON MARGIE
  • Owner Before Previous Owner: MAGNUSON DENNIS
  • Owner Before Previous Owner 2: POWERS MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 006503

Zoning

  • Zoning: DR

Geography

  • Account Number: R0142960000
  • Parcel: 4296-0000-01
  • Meridian: SEC 35 TWN 16N RNG 12E
  • Latitude: 41.3076
  • Longitude: -96.0331

    Address

  • Full Address: 5401 N 78th St
  • Address - House Number: 5401
  • Street Direction: N
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C001
  • 4-Digit Zip Code: 2207
  • Zip Code: 68134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,272

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 231,274
  • High Value: 270,882
  • Low Value: 191,666

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • First Open Lien Mortgage Recording Date: Dec 11, 2018
  • First Open Lien Mortgage Loan Amount: $142,373
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $181,900
  • Market Land Value: $35,500
  • Market Improvement Value: $146,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,900
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $146,400

    Sales

  • Current Sale Contract Date: Nov 27, 2017
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Transaction ID: 11564379628
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018097321
  • Previous Sale Recording Date: Dec 27, 2010
  • Previous Sale Contract Date: Dec 07, 2010
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • First Mortgage Transaction Date: Dec 11, 2018
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 5401 North 78th Street located in?
The 5401 North 78th Street is a house located in the neighborhood of North Central Omaha in North Central Omaha, Omaha.
What is the average sales price for listings in 5401 North 78th Street?
The average sales price for units in 5401 North 78th Street is $0 currently.

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