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Sale Pending

5023 Terrace Dr, Omaha, NE, 68134

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
1,345 SqFt
$167/SqFt
House

Location

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5023 Terrace Dr, Omaha$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBuilt-In
Attached Garage2 spaces
Year Built1971
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #22418585
Lot Size0.19 Acres
StatusSale Pending
(PENDING)

About 5023 Terrace Dr

Great opportunity to get some sweat equity. This home can make a great investment or a great residence for a family. This home is subject to short sale approval, home is sold in "as is condition"

Property Details

Property Features

Property Information:

  • Architectural Style: Split Entry
  • Year Built: 1971
  • Stories: 1
  • Living Area: 1,345 SqFt

Listing Office:

  • Office Name: kwELITE Real Estate
  • Office Phone: (402) 769-3842
  • Listing Agent: Richard S McClellan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck/Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Built-In

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Omaha Northwest Magnet High School, Public Magnet Grades 9-12
  • Morton Magnet Middle School, Public Magnet Grades 7-8
  • Masters Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: gps

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $2,593
  • Tax Year: 2020
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Housing Market Comparison

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

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Omaha, NE

City

Med. Sold Price

$285K

Med. Price/SqFt

$159

Avg. Days On Market

14

# of Sold Homes

550

5023 Terrace Dr vs Omaha

57 DAYS ON ROCKET

+43 Days

$225,000

-$60K Less

$167/SqFt

+$8 More

KEY TAKEAWAY

This property is $60K less than the Median Sold Price and $8/SqFt more than other homes in Omaha, NE.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Number: #22418585

Listing Office:

  • Office Name: kwELITE Real Estate
  • Office Phone: (402) 769-3842
  • Listing Agent: Richard S McClellan

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: 9/16/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2021Home Sold
$55,000
Oct 31, 2011Home Sold
$119,000
Sep 26, 2011Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,593$121,100
2019$2,479$121,100
2018$2,306$115,300
2017$2,590$106,700

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-2327140
5
/10

  • Masters Elementary School

  • 5505 N 99th St

  • 0.26 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2327141
3
/10

  • Morton Magnet Middle School

  • 4606 Terrace Dr

  • 0.30 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-2327142
1
/10

  • Omaha Northwest Magnet High School

  • 8204 Crown Point Ave

  • 1.55 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,916. Typical income of Omaha, NE residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5023 Terrace Dr

What is the listing price of this property?

The listing price of 5023 Terrace Dr property is $225,000.

What type of property is this?

The property 5023 Terrace Dr is a house located in Omaha, Nebraska, 68134.

Is this property for sale now?

Sale Pending: 5023 Terrace Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5023 Terrace Dr are:
Masters Elementary School: GreatSchools Rating 5/10
Morton Magnet Middle School: GreatSchools Rating 3/10
Omaha Northwest Magnet 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 $2,593 (source: MLS/based on county public records data).

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

The last sale was on July 28, 2021 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5023 Terrace Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5023 Terrace Dr is 1,345 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5023 Terrace Dr is 1971.

Rocket Homes›Nebraska›Douglas County›Omaha›68134›5023 Terrace Dr

This home is located at 5023 Terrace Dr in Omaha, NE and zip code 68134 in the Central Omaha neighborhood. This 1,345 square foot home, which was built in 1971, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $225,000.

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%. In August 2024 median list price was $285,000 and the average listing age was 14 days.

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

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