NOT LISTED FOR SALE

Estimated Value: $15,256,428

-- Bed
-- Bath
168,155 Sq Ft
$91/Sq Ft Est. Value

About This Home

This home is located at 405-409 S 16th St, Omaha, NE 68102 and is currently priced at $15,256,428, approximately $90 per square foot. 405-409 S 16th St is a home located in Douglas County with nearby schools including Liberty Elementary School, Norris Middle School, and Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Orpheum Tower Llc
Bought by
Srrt Orpheum Llc
Current Estimated Value
$15,256,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,820,000
Outstanding Balance
$8,295,317
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$6,975,546

Purchase Details

Closed on
Jun 25, 2021
Sold by
Abidirahman Abdi and Kafuta Makay
Bought by
Maalin Abdiratuman A and Kafuta Makay

Purchase Details

Closed on
Dec 16, 2016
Sold by
405 Holdings Llc
Bought by
Orpheum Tower Llc

Purchase Details

Closed on
Mar 30, 2007
Sold by
City National Tower Limited Partnership
Bought by
405 Holdings Llc

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Srrt Orpheum Llc $14,728,000 Commercial Partners Title
Maalin Abdiratuman A -- None Available
Orpheum Tower Llc $15,000,000 None Available
405 Holdings Llc $9,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srrt Orpheum Llc $8,820,000
Previous Owner 405 Holdings Llc $8,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $305,917 $14,499,900 $392,000 $14,107,900
2022 $298,956 $14,005,100 $392,000 $13,613,100
2021 $292,849 $13,836,000 $392,000 $13,444,000
2020 $296,218 $13,836,000 $392,000 $13,444,000
2019 $330,671 $15,399,600 $392,000 $15,007,600
2018 $331,118 $15,399,600 $392,000 $15,007,600
2017 $211,898 $10,043,800 $392,000 $9,651,800
2016 $211,898 $9,875,000 $279,700 $9,595,300
2015 $142,854 $10,043,800 $279,700 $9,764,100
2014 $142,854 $6,747,800 $279,700 $6,468,100
Source: Public Records

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