3 months on rocket

1616 Lake St, Omaha, NE, 68110

$165,000

Home List Price

$1,959*

Closing Credit

4 Bedrooms
2 Baths
1,227 SqFt
$134/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1616 Lake St, Omaha$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1910
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #22413666
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 1616 Lake St

Don't miss out seeing this completely remodeled historic home that boasts 4 beds, 2 baths and over 1200 sq ft of living space. This absolutely charming traditional 1/5 story features a beautiful enclosed porch space to entertain or enjoy a quiet evening. Some of the amenities include new paint, flooring, appliances, counter tops, lighting fixtures, blinds, and HVAC. With handicap accessibility in the rear, enough parking space for 4 vehicles and off street parking in front, this home is close enough to downtown if you enjoy nightlife, and with no HOA, it has potential for a great short term rental opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Story
  • Year Built: 1910
  • Stories: 1
  • Living Area: 1,227 SqFt

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (308) 360-2566
  • Listing Agent: Kelani L. Baber

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet
  • Interior: Formal Dining Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Enclosed Porch

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Lewis & Clark Middle School, Public District Grades 7-8
  • Conestoga Magnet Elementary School, Public Magnet Grades PK-6

Other

Directions Information:

  • Directions: See GPS instructions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $134/SqFt

Tax Information:

  • Annual Amount: $1,152
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Omaha, NE.

Med. Sold Price

$285K

Med. Price/SqFt

$159

Avg. Days On Market

14

# of Sold Homes

550

1616 Lake St vs Omaha

109 DAYS ON ROCKET

+95 Days

$165,000

-$120K Less

$134/SqFt

-$25 Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $25/SqFt less than other homes in Omaha, NE.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Number: #22413666

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (308) 360-2566
  • Listing Agent: Kelani L. Baber

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/21/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 06, 2018Home Sold
$54,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,152$53,800
2019$599$51,800
2018 - $27,900
2017 - $20,300

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-256285
4
/10
  • Conestoga Magnet Elementary School

  • 2115 Burdette St

  • 0.42 miles

  • Public Magnet Grades PK-6

Middle School

school-card-donut-256286
4
/10
  • Lewis & Clark Middle School

  • 6901 Burt St

  • 4.39 miles

  • Public District Grades 7-8

High School

school-card-donut-256287
1
/10
  • Central High School

  • 124 N 20th St

  • 1.47 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,727. The majority of Omaha, NE residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Lake St

What is the listing price of this property?

The listing price of 1616 Lake St property is $165,000.

What type of property is this?

The property 1616 Lake St is a house located in Omaha, Nebraska, 68110.

Is this property for sale now?

Active Listing: 1616 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1616 Lake St are:
Conestoga Magnet Elementary School: GreatSchools Rating 4/10
Lewis & Clark Middle School: GreatSchools Rating 4/10
Central High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,152 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 6, 2018 for $54,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 Lake St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1616 Lake St is 1,227 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 Lake St is 1910.

Rocket HomesNebraskaDouglas CountyOmaha681101616 Lake St

This home is located at 1616 Lake St in Omaha, NE and zip code 68110 in the East Omaha neighborhood. This 1,227 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $165,000.

In August 2024, from all listings sold in Omaha, NE there were more than 150 sold above asking price, over 200 sold below and more than 159 were sold right at the asked price. The inventory of homes for sale in Omaha, NE between July 2024 and August 2024 decreased by 3.6%. The median list price of listings available in August 2024 was $285,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources