NOT LISTED FOR SALE

1005 Silverleaf Ave Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $284,000 - $290,000

4 Beds
2 Baths
1,509 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $161,500 $107 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,858/month

118 Days on Market

Highlights

  • Public Water Access
  • Interior Lot
  • 1-Story Property
  • Views of Trees
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of April 2021

This rental offers income producing potential. It is on a quiet street with a small, but nice fenced-in front yard with a small front deck for enjoying those nice warm evenings outside. It has 2 bedrooms and 1 bath and is freshly paint inside. The seller is also offering a $3,000.00 flooring allowance at closing. There is an enclosed porch between unit 1 and unit 2 with a hot tub that stays with the property. Unit 2 also has 2 bedrooms and 1 bath. It is rented and the tenant has lived here for 16 years and wants to stay for another 16. He also has use of the 15 x 40 tandem 2 car garage, that he lives over. It is large enough to house 2 vehicles with room enough to have a nice little work shop area. He will relinquish the use of the garage if the new owner wants to rent it out. Please come take a look at this duplex that is close to SM&T and the down town area and let it make money for you. Listed by Ron Balster, Exit Realty Black Hills, 605-381-4532.

Last Agent to Sell the Property

RON BALSTER

INACTIVE OFFICE Listed on: 12/01/2020

Last Buyer's Agent

TJ Wojtanowicz

BLACK HILLS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1930

Lot Details

  • Private Entrance
  • Fenced
  • Interior Lot

Parking

  • Garage

Property Views

  • Trees
  • Hills

Home Design

  • Duplex
  • Side-by-Side
  • Poured Concrete
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Public Water Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Public Septic

Listing and Financial Details

  • Negotiable Lease Term

Community Details

Overview

  • 2 Units
  • Flormann Subdivision

Building Details

  • Gross Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: 1 Story, Side/Side
  • Lvt Date: 12/01/2020
  • View: Hills, Trees
  • Year Built: 1930
  • Includes: Refrigerator, Range/Oven, Dishwasher, Microwave
  • Miscellaneous: Master Meters, Central Water Heater, Multi-Unit Heat & Air
  • Agent Only_ L A1 User Code: 489
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Entrance: More than 1 per Apt, Private Entrance
  • Main Level Sq Ft: 1509
  • Total Sq Ft: 1509

Exterior Features

  • Construction: Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking: Garage

Utilities

  • Air Conditioner: Electric, Wall
  • Heating: Gas, Hot Water, Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .15
  • Lot Type: Flat, Interior
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Month to Month, Negotiable
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2019
  • Taxes: 1,758.86

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Window Coverings, Fenced Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Apr 29, 2021
Bought by
Adams Timothy M and Adams Bridget M
Seller's Agent
RON BALSTER
INACTIVE OFFICE
Buyer's Agent
TJ Wojtanowicz
BLACK HILLS REALTY
List Price
$165,000
Sold Price
$161,500
Premium/Discount to List
-$3,500
-2.12%
Current Estimated Value
$287,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,640
Avg. Annual Appreciation
14.57%
Source: Public Records

Range of Values:

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Average Value
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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
Adams Timothy M $161,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $161,500 -2.1% $107 / Sq Ft
12/01/2020 12/01/20 For Sale $165,000 -- $109 / Sq Ft
Source: Black Hills Association of REALTORS®

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
2024 $3,530 $258,100 $44,800 $213,300
2023 $3,608 $255,000 $44,800 $210,200
2022 $2,328 $153,300 $31,800 $121,500
2021 $2,102 $153,600 $31,800 $121,800
2020 $1,784 $126,100 $31,800 $94,300
2019 $1,735 $125,300 $26,800 $98,500
2018 $557 $121,800 $26,800 $95,000
2017 $583 $115,700 $26,800 $88,900
2016 $597 $104,800 $21,800 $83,000
2015 $597 $112,100 $21,800 $90,300
2014 $609 $111,400 $21,800 $89,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RON BALSTER

    INACTIVE OFFICE

  • TJ Wojtanowicz

    Buyer's Agent in 2021

    TJ Wojtanowicz

    BLACK HILLS REALTY

    (605) 863-1920

    45 in this area

    435 Total Sales

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 152213

Black Hills Association of REALTORS®

APN: 0023140

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

1005 Silverleaf Ave, Rapid City, SD

This home is located at 1005 Silverleaf Ave, Rapid City, SD 57701 since 01 December 2020 and is currently estimated at $287,096, approximately $190 per square foot. This property was built in 1930. 1005 Silverleaf Ave is a home located in Pennington County with nearby schools including South Park Elementary School, South Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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