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7406 North Ridge Drive

7406 North Ridge Drive, Omaha, NE 68112
Multifamily in North Omaha
Sold Feb 10, 2020
$125,000
$100,000 by Dundee Bank
Mortgage Due Feb 01, 2035
7406 North Ridge Drive in Omaha, NE was first built in 1960 and is 64 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7406 North Ridge Drive has 1,564 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 600 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 7,440 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. 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. 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, 7406 North Ridge Drive sold most recently in Jan 29, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $39.96 per sqft. 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 $3,153 in taxes each year. 7406 North Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $174,400. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $161,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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
  • Basement Type: Unspecified basement
  • Basement Area: 1,564
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,128
  • Gross Building Area: 3,128
  • Building Area: 1,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,564
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSON & MOSSMANS FLORENCE
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILSON & MOSSMANS FLORENCE LOT 5 BLOCK 2 IRREG

Ownership

  • Current Owner : KONA PROPERTIES LLC
  • Previous Owner : JENNINGS VICKI
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 006102

Zoning

  • Zoning: R435

Geography

  • Account Number: R2540120559
  • Parcel: 4012-0559-25
  • Block: 2
  • Lot: 5
  • Latitude: 41.3254
  • Longitude: -95.9676

    Address

  • Full Address: 7406 Northridge Dr
  • Address - House Number: 7406
  • Address - Street Name: Northridge
  • Address - Suffix Type: Dr
  • State: NE
  • City Name: Omaha
  • Carrier Code: C038
  • 4-Digit Zip Code: 2527
  • Zip Code: 68112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,153

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 200,076
  • High Value: 245,777
  • Low Value: 154,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: DUNDEE BANK
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $174,400
  • Market Land Value: $13,000
  • Market Improvement Value: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,400
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11753947829
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020012558

    Last Sale Mortgage

  • First Mortgage Lender: DUNDEE BANK
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Feb 01, 2035

About North Omaha



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 852 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7406 North Ridge Drive located in?
The 7406 North Ridge Drive is a multifamily located in the neighborhood of North Omaha in North Omaha, Omaha.
What is the average sales price for listings in 7406 North Ridge Drive?
The average sales price for units in 7406 North Ridge Drive is $0 currently.

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