NOT LISTED FOR SALE

1008 S Crawford Rd Vermillion, SD 57069

Estimated Value: $1,444,287

-- Bed
-- Bath
19,680 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $1,250,000 $64 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,730/month

13 Days on Market

Highlights

  • Landscaped with Trees
  • Coin Laundry
  • Level Lot

About This Home

As of December 2022

LINCOLNWAY APARTMENTS! Good investment property with 2-12plex's, 22-2bedroom units and 2-1 bedroom units. Gross income $12,010,Owner pays garbage, water, sewer and common electric (hot water electricity paid by owner). Washer and dryers are leased from a company and receives aprox. $200 @ month. 19 UNITS RENTED FOR $515, 2 UNITS RENTED FOR $470, 1 UNIT RENTED FOR $465, 2 RENTED FOR $410.

Last Agent to Sell the Property

Kris O'Connor

Dakota Realty Listed on: 10/13/2022

Last Buyer's Agent

Other Other

Other

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,656

Year Built

  • Built in 1988

Lot Details

  • 0.7 Acre Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • 19,680 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Window Unit Cooling System
  • Internet Available

Community Details

  • 24 Units
  • Coin Laundry
  • Gross Income $12,010

Listing and Financial Details

  • Assessor Parcel Number 15660-00600-030-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,656

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Level Lot, Trees
  • Legal Description: Lot 3 Blk 6 Ridgecrest 7th addition
  • Year Built: 1988
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 19680
  • Main Level Sq Ft: 6560
  • Sq Ft 2nd Level: 6560
  • Sq Ft Below Grade Finishe: 6560
  • Price Per Sq Ft: 63.52

Garage/Parking

  • Internet: Yes
  • Driveway: Concrete

Utilities

  • Air Conditioning Type: Window Unit
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Sewer Type: City
  • Water Type: City
  • Coin Operated Laundry: Yes

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.7
  • Lot Sq Ft: 31500
  • Parcel Number: 15660-00600-030-00
  • Zoning: commerical

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Tax Info

  • Year: 2021
  • Gross Taxes: 9656

Multi Family

  • Rental Income: 10010
  • Electric Separate By Unit: Yes
  • Gross Income: 12010
  • Heat Separate By Unit: Yes
  • Number Of Units: 24

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 21, 2022
Sold by
Hogen Haus Propterties
Bought by
Rising R Real Estate Llc
Seller's Agent
Kris O'Connor
Dakota Realty
Buyer's Agent
Other Other
Other
List Price
$1,375,000
Sold Price
$1,250,000
Premium/Discount to List
-$125,000
-9.09%
Views
30
Current Estimated Value
$1,444,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,287
Avg. Annual Appreciation
4.59%
Source: Public Records

Range of Values:

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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
Rising R Real Estate Llc $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lincolnway Properties Llc $671,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $1,250,000 -9.1% $64 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,375,000 -- $70 / Sq Ft
Source: Northwest Iowa Regional Board 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 $11,053 $500,679 $68,985 $431,694
2023 $10,708 $426,008 $60,165 $365,843
2022 $9,655 $420,338 $54,495 $365,843
2021 $8,153 $385,922 $51,975 $333,947
2020 $8,131 $361,595 $51,975 $309,620
2019 $8,465 $361,595 $51,975 $309,620
2018 $8,441 $360,020 $50,400 $309,620
2017 $8,832 $360,020 $50,400 $309,620
2016 -- $358,445 $48,825 $309,620
2015 -- $358,445 $48,825 $309,620
2011 -- $329,393 $44,100 $285,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 819067

Northwest Iowa Regional Board of REALTORS®

APN: 15660-00600-030-00