NOT LISTED FOR SALE

10050 Kaelem Ct Summerset, SD 57718

Estimated Value: $455,000 - $510,000

2 Beds
2 Baths
1,300 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $282,000 $217 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,965/month

Highlights

  • Under Construction
  • Deck
  • Ranch Style House
  • City View
  • Vaulted Ceiling
  • 1-minute walk to Leisure Lane Park

About This Home

As of April 2017

THE REAR YARD TOUCHES THE SUMMERSET PARK AND PLAYGROUND! This ranch style home is crafted with "quality" and convenience. 1300 SF main floor finished + 1300 SF lower level unfinished. Maintenance free siding, stone veneer wainscot - absolutely beautiful! Trex decking & 12' Foyer entry. School house doors, offset white trim. Dura-Ceramic and carpet flooring. Spacious living room, kitchen with island, dining is adjacent. Main floor master suite w/ master bath, dual vanity sinks, 5' shower, walk-in closet. The main floor features a 2nd bedroom and 2nd full bath. Laundry and coat closet are conveniently located at garage entry. For additional price finish the lower level with two more bedrooms, one full bath, a spacious family room and large storage area! The price includes building stairs off the north side of the deck to rear yard.

Last Agent to Sell the Property

Phillip Olsen

OLSEN REAL ESTATE Listed on: 10/25/2016

Last Buyer's Agent

Will Dixon

KELLER WILLIAMS REALTY BLACK HILLS

KELLER WILLIAMS REALTY BLACK HILLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Property Views

  • City
  • Hills
  • Neighborhood

Home Design

  • Ranch Style House
  • Poured Concrete
  • Composition Roof
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1,300 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector
  • Laundry on main level
  • Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Summerset Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,524

Year Built

Built in 2016 | Under Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 10/25/2016
  • View: Hills, City, Neighborhood
  • Year Built: 2016
  • Agent Only_ L A1 User Code: 155
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan, Disposal, Dishwasher Built-In, Microwave Oven, Smoke Alarm, Vaulted Ceiling
  • Flooring: Carpet
  • Bedrooms: Two
  • Master Bedroom: Size: 168, On Level: M
  • Bedroom 2: Size: 124.6
  • Bathroom Description: Shower Only, Double Lavatory, Walk-in Closet
  • Full Three Quarter Bathrooms: Two
  • Basement: Yes
  • Dining Room: Breakfast Bar, Combination, On Level: M, Size: 118.8
  • Kitchen: Size: 115, On Level: M
  • Family Room: Size: same, On Level: M
  • Living Room: Size: 268.6, On Level: M
  • Main Level Finished Sq Ft: 1300
  • Total Finished Sq Ft: 1300
  • Laundry Level Main Level: 45
  • Main Floor Laundry: Yes
  • Sq Ft Basement Level: 1300
  • Sq Ft Main Level: 1300
  • Main Level Sq Ft: 1300
  • Total Sq Ft: 2600
  • Total Square Foot: 2600
  • Total Square Foot Keyword: 2500-2999

Exterior Features

  • Construction: New Construction
  • Construction: Hardboard, Stone/Veneer
  • New Construction: Completed, Under Construction
  • Foundation: Basement, Poured Concrete
  • Driveway Exposure: West
  • Patio Deck1: Deck
  • Patio Deck1 Size: 6x6.5
  • Patio Deck1 Sq Ft: 39
  • Patio Deck2: Deck
  • Patio Deck2 Size: 10x12
  • Patio Deck2 Sq Ft: 120
  • Roofing: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 21'4" x 21'8"
  • Garage Capacity: Two Car

Utilities

  • Air Conditioner: Central
  • Air Conditioner: Yes
  • Electric Services: 220V Service
  • Flood Insurance: Not Required
  • Heating: Gas, Forced Air
  • Utilities: Cable Available, BHE-Electric, MDU- Gas, City Sewer, City Water

Schools

  • School District: Rapid City, Meade Co

Lot Info

  • Acreage: Under .5 Acre
  • Lot Size: 9140
  • Lot Type: Flat, Cul de Sac
  • Number Of Acres: 0.21

Tax Info

  • Year: 2016

MLS Schools

  • School District: Rapid City, Meade Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Apr 12, 2017
Sold by
Mehlhaff Construction Inc
Bought by
Ringwald Tyler D and Ringwald Kyra B
Seller's Agent
Phillip Olsen
OLSEN REAL ESTATE
Buyer's Agent
Will Dixon
KELLER WILLIAMS REALTY BLACK HILLS
List Price
$249,900
Sold Price
$282,000
Premium/Discount to List
$32,100
12.85%
Current Estimated Value
$473,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,942
Avg. Annual Appreciation
6.28%
Original Mortgage
$288,063
Outstanding Balance
$240,300
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$233,642
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
Ringwald Tyler D $282,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ringwald Tyler D $288,063
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2017 04/12/17 Sold $282,000 +12.8% $217 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $249,900 -- $192 / 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 $5,524 $431,910 $36,300 $395,610
2023 $5,631 $431,910 $36,300 $395,610
2022 $4,745 $337,315 $33,000 $304,315
2021 $4,423 $304,710 $33,000 $271,710
2020 $4,265 $291,771 $33,000 $258,771
2019 $4,056 $279,449 $33,000 $246,449
2018 $622 $267,713 $33,000 $234,713
2017 $645 $33,000 $33,000 $0
2016 $645 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 131118

Black Hills Association of REALTORS®

APN: 0C.50.09.E13