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7740 North 38th Street

7740 North 38th Street, Omaha, NE 68112
House in Florence
Sold Dec 29, 2021
Transfer
$213,750 by Gershman Investment Corp
Mortgage Due Jan 01, 2052
Sold Jan 04, 2021
$90,100
7740 North 38th 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 1913 and is 111 years old. The home has a total of 7 rooms. 5 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 3 stories. In addition, 7740 North 38th Street has 2,953 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 1,084 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 1,400 ft and across the front of the lot is 1,640 ft. The area measurement of the land has been determined as 22,960 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. Residents will have the luxury of enjoying both a unknown and 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 hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. 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. Before that, the property was also sold for $90,100 in Dec 17, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,882 in taxes each year. 7740 North 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $228,700. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $210,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unfinished/under construction
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,084
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,960
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,640
  • Total Building Area: 3,777
  • Gross Building Area: 4,001
  • Building Area: 2,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWNDALE ADD
  • Land Acres: 0.527
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAWNDALE ADD LOT 1 BLOCK 1 16.25 FT VAC KING ST & 140 X 163.73

Ownership

  • Current Owner : SEDLACEK TROY
  • Current Owner 2: SHEA MORGAN
  • Previous Owner : DRC PROPERTIES LLC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 006202

Zoning

  • Zoning: R4(35)

Geography

  • Account Number: R1614420000
  • Parcel: 1442-0000-16
  • Block: 1
  • Lot: 1
  • Latitude: 41.3293
  • Longitude: -95.9711

    Address

  • Full Address: 7740 N 38th St
  • Address - House Number: 7740
  • Street Direction: N
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C025
  • 4-Digit Zip Code: 2016
  • Zip Code: 68112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,882

    Appraisal Valuation

  • Standard Deviation: 0.0866
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 92
  • Final Value: 233,514
  • High Value: 253,756
  • Low Value: 213,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $213,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $228,700
  • Market Land Value: $18,000
  • Market Improvement Value: $210,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,700
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $210,700

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11885819499
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 168461
  • Previous Sale Recording Date: Jan 04, 2021
  • Previous Sale Contract Date: Dec 17, 2020
  • Previous Sale Amount: $90,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7740 North 38th Street located in?
The 7740 North 38th Street is a house located in the neighborhood of Florence in North Omaha, Omaha.
What is the average sales price for listings in 7740 North 38th Street?
The average sales price for units in 7740 North 38th Street is $0 currently.

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