Omaha NE property taxes

**JP4CY** · 07-21-2011, 03:04 PM

Am I the only one reading that they took <25% of 1.2 as less than $300k for it while everyone thinks it was around $800k?

**alarson** · 07-21-2011, 03:06 PM

Originally Posted by JP4CY

Am I the only one reading that they took <25% of 1.2 as less than $300k for it while everyone thinks it was around $800k?

I was just gonna say... a lot of people here suck at math.

**rebecacy** · 07-21-2011, 03:08 PM

Originally Posted by chuckd4735

Wait, you got a house for $800k and your complaining about property taxes being $10k?

I paid 260k. 25% of original listing.

**JP4CY** · 07-21-2011, 03:09 PM

Originally Posted by rebecacy

I paid 260k. 25% of original listing.

For an engineering school they sure as hell do.

**CycloneErik** · 07-21-2011, 03:10 PM

Originally Posted by rebecacy

I paid 260k. 25% of original listing.

How long was it on the market to take that deal? That sounds like a hyper-motivated seller.

**pulse** · 07-21-2011, 03:12 PM

I thought the same thing. It's also reading comprehension.

**chuckd4735** · 07-21-2011, 03:17 PM

Originally Posted by rebecacy

I paid 260k. 25% of original listing.

Yeah I dont suck at math, just read that wrong. What is the assessed value of the condo?

**JY07** · 07-21-2011, 03:18 PM

Originally Posted by chuckd4735

Yeah I dont suck at math, just read that wrong. What is the assessed value of the condo?

no, you read it wrong AND suck at math

**CyPride** · 07-21-2011, 03:23 PM

Originally Posted by chuckd4735

Yeah I dont suck at math, just read that wrong. What is the assessed value of the condo?

assessed value is, I'm sure, close to the figure he originally stated that it was worth prior.

as far as math goes - blame the guy who threw out the 800k figure! :) I just copied/paste his info! :)

again, his taxes will be a lot lower going forward once he contests based on purchase price.

**CloneIce** · 07-21-2011, 03:35 PM

Originally Posted by ChiefCy

Have you watched Omaha TV news yet? Crime in Omaha is bad. I was watching des Moines and Omaha news, and I don't know if this is the exact figures, but DM reportes their first homicide about April this year, while omaha at that time was about a dozen. Also ironically, there is a street in north O, Ames ave that seems to be right in the middle of the worst of it.

4 months, a dozen homicides? Thats not really too bad at all. All cities of that size will have murders, crime in Omaha is not "bad" compared to other cities its size.

However, the number of ******** Husker fans is tops in the nation, and when deciding where to live, that is far more important than the homicide rate.

**Frak** · 07-21-2011, 03:37 PM

Originally Posted by ChiefCy

Have you watched Omaha TV news yet? Crime in Omaha is bad. I was watching des Moines and Omaha news, and I don't know if this is the exact figures, but DM reportes their first homicide about April this year, while omaha at that time was about a dozen. Also ironically, there is a street in north O, Ames ave that seems to be right in the middle of the worst of it.

You are correct. Being from the west side of the state, it's surprising how little crime there is on the DM news. Omaha, it seems like there's a murder or at least drive by every night. And yes, Ames Ave. is pretty much as bad as it gets there.

**Cyclones_R_GR8** · 07-21-2011, 03:39 PM

Originally Posted by ChiefCy

Have you watched Omaha TV news yet? Crime in Omaha is bad. I was watching des Moines and Omaha news, and I don't know if this is the exact figures, but DM reportes their first homicide about April this year, while omaha at that time was about a dozen. Also ironically, there is a street in north O, Ames ave that seems to be right in the middle of the worst of it.

30th and Ames. Also referred to as 30th and Murder.

**PabloDiablo** · 07-21-2011, 03:51 PM

Originally Posted by Cyclones_R_GR8

30th and Ames. Also referred to as 30th and Murder.

Well said, and I'm pretty sure it was higher that a dozen by a long shot.

**OmahaClone** · 07-21-2011, 03:55 PM

Its accurate and BRUTAL. There is no escape. Sarpy Co or Douglas Co. Either one has high taxes. We support the entire states revenue. Its rediculous.

**cyhawkdmb** · 07-21-2011, 03:57 PM

Originally Posted by rebecacy

Wife has decided the stay at home mom thing is over now that Ethan is 2 years old. She accepted an offer with a great company in Omaha. I was just working through the back of the envelope calculations on the home she likes. We are planning on putting down a hefty downpayment cuz I believe prices will move back up over the years we expect to live there (Old Market Area). I just realized that the monthly escrow withholding for property taxes is higher than the P&I. Is there any other city in the midwest where you have more than $10,000 in yearly property tax for a home of 2600 square feet. Holy Crap!!!! Any Omaha'ers out there, this is unreal.

Its my understanding if you put more then 20 percent down you shouldnt hve to pay pmi insurance... This is what we have done with each house that we bought...