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502 Bancroft Street

502 Bancroft Street, Omaha, NE 68108
House in Riverview
Sold Jul 21, 2022
$180,000
$176,641 by Mutual Of Omaha Mortgage Inc
Mortgage Due Aug 01, 2052
Sold Dec 19, 2019
$129,000
$96,750 by Moria Development Inc
Mortgage Due Jan 01, 2050
502 Bancroft Street in Omaha, NE was first built in 1885 and is 139 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 502 Bancroft Street has 1,416 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 1,150 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 5,750 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 285 sqft. There is one available parking space. 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. The property was last sold in Jul 14, 2022 for $180,000. That's $81.97 per sqft. Prior to that sales transaction, the property was also sold in Oct 22, 2019 for $129,000. 502 Bancroft Street was last assessed in 2023. The total value of the property was assessed at $113,200. Specifically, the land the property is located on was valued at $14,700. While improvements on the property were assessed at a total of $98,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,427. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 7
  • 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: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Carport
  • Garage Square Area: 285
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,196
  • Gross Building Area: 2,336
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANISFIELD
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANISFIELD LOT 7 BLOCK 0 50 X 115

Ownership

  • Current Owner : SERFASS CHRISTINE
  • Current Owner 2: DAVIDSHOFER BRANDON
  • Previous Owner : JONES JUSTIN J
  • Previous Owner 2: JONES ROBERT J
  • Owner Before Previous Owner: LIN JENNY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 002300

Zoning

  • Zoning: R435

Geography

  • Account Number: R0523230000
  • Parcel: 2323-0000-05
  • Lot: 7
  • Latitude: 41.2343
  • Longitude: -95.9231

    Address

  • Full Address: 502 Bancroft St
  • Address - House Number: 502
  • Address - Street Name: Bancroft
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C013
  • 4-Digit Zip Code: 1733
  • Zip Code: 68108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,427

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 62
  • Final Value: 203,316
  • High Value: 257,394
  • Low Value: 149,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,641
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2022
  • First Open Lien Mortgage Loan Amount: $176,641
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $113,200
  • Market Land Value: $14,700
  • Market Improvement Value: $98,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,200
  • Assessed Land Value: $14,700
  • Assessed Improvements Value: $98,500

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Transaction ID: 11892884814
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74368
  • Previous Sale Recording Date: Dec 19, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Jul 21, 2022
  • First Mortgage Loan Amount: $176,641
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MORIA DEVELOPMENT INC
  • Previous Mortgage Transaction Date: Dec 19, 2019
  • Previous Mortgage Loan Amount: $96,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Southeast Omaha



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Frequently Asked Questions

What neighborhood is 502 Bancroft Street located in?
The 502 Bancroft Street is a house located in the neighborhood of Riverview in Southeast Omaha, Omaha.
What is the average sales price for listings in 502 Bancroft Street?
The average sales price for units in 502 Bancroft Street is $0 currently.

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