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601 South 114th Street

601 South 114th Street, Omaha, NE 68154
House in West Omaha
Sold Dec 15, 2020
$203,000
$150,000 by Cogent Bank
Mortgage
Sold Jan 20, 2017
$610
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601 South 114th 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 1961 and is 63 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 601 South 114th Street has 1,620 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 1,248 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 1,000 ft and across the front of the lot is 830 ft. The area measurement of the land has been determined as 8,300 square feet.

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 garage underground or in the basement for those who require parking. The garage measured 1 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying 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 hip 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. 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, 601 South 114th Street sold most recently in Nov 30, 2020 for a total of $203,000. If you work out the math, that's approximately a cost of $79.05 per sqft. Before that, the property was also sold for $610 in Jan 7, 2017. 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 $3,473 in taxes each year. The initial year of tax delinquency occurred in 2022. 601 South 114th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $208,300. If we break it down further, the land itself was valued at $21,300. Improvements to the property, however, were assessed at a total of $187,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior Vinyl Siding

Parking

Parking Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,248
  • Garage Type: Underground/basement
  • Garage Square Area: 1
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,568
  • Gross Building Area: 2,568
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEARS WEST PACIFIC ADD
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEARS WEST PACIFIC ADD LOT 1 BLOCK 7 -EX 16 X 19 FT TRIA TRT IN NW COR- LOT 1 BLK 7

Ownership

  • Current Owner : KERMAN PROPERTIES LLC
  • Previous Owner : HUNT IRENE K
  • Owner Before Previous Owner: HUNT IRENE K
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 006703

Zoning

  • Zoning: R4(35)

Geography

  • Account Number: R2416500677
  • Parcel: 1650-0677-24
  • Block: 7
  • Lot: 1
  • Latitude: 41.2542
  • Longitude: -96.0908

    Address

  • Full Address: 601 S 114th St
  • Address - House Number: 601
  • Street Direction: S
  • Address - Street Name: 114th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C030
  • 4-Digit Zip Code: 3152
  • Zip Code: 68154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,473
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 261,100
  • High Value: 315,816
  • Low Value: 206,384

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $208,300
  • Market Land Value: $21,300
  • Market Improvement Value: $187,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,300
  • Assessed Land Value: $21,300
  • Assessed Improvements Value: $187,000

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11813986404
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020149035
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 07, 2017
  • Previous Sale Amount: $610
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About West Omaha



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Frequently Asked Questions

What neighborhood is 601 South 114th Street located in?
The 601 South 114th Street is a house located in the neighborhood of West Omaha in West Omaha, Omaha.
What is the average sales price for listings in 601 South 114th Street?
The average sales price for units in 601 South 114th Street is $0 currently.

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