NOT LISTED FOR SALE

101 E Signal Dr Unit 103 Signal Drive Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $188,000 - $251,000

4 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold June 30, 2020

Last sale price $128,000

Est. 68% increase in value since last sale

Current estimated payment $1,316/month

28 Days on Market

Highlights

  • Public Water Access
  • Interior Lot
  • Patio
  • City View
  • Cooling Available
  • Forced Air Heating System

About This Home

As of June 2020

Listed by Stuart Martin / Stacey Nelson, Re/Max Results 605-390-4227. If you are looking to start your rental portfolio, this is a good one start with. Currently showing an approximate 8.7% return. Remodeled interior. Landlord currently pays all of the utilities.

Last Agent to Sell the Property

Stuart Martin

RE/MAX RESULTS Listed on: 04/02/2020

RE/MAX RESULTS

Co-Listed By

Stacey Nelson

RE/MAX RESULTS

Last Buyer's Agent

Mitch Mudlin

RE/MAX RESULTS

RE/MAX RESULTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.27

Home Design

  • Duplex
  • Side-by-Side
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Public Water Access
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Interior Lot

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • Signal Heights Subdivision

Building Details

  • Electric Expense $1,930
  • Fuel Expense $1,158
  • Insurance Expense $884
  • Water Sewer Expense $3,175
  • Gross Income $20

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Side/Side
  • Lvt Date: 04/03/2020
  • View: City
  • Year Built: 1952
  • Safety Features: Smoke Detectors
  • Includes: Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Master Meters, Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Community Entrance

Exterior Features

  • Construction: Frame
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Paved, Street, Garage

Utilities

  • Air Conditioner: Electric
  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: $884
  • Total Expenses: $8,604
  • Electricity Expense: $1930
  • Gas Expense: $1158
  • Water Sewer Expenses: $3175

Lot Info

  • Lot Size: .27
  • Lot Type: Flat, Interior
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: 1 Year Lease
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2019
  • Taxes: $1,457.12

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Patio, Kit/DR Combo, Inside Utility Room, Common Utility Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 30, 2020
Bought by
Aldrich Jody
Seller's Agent
Stuart Martin
RE/MAX RESULTS
Buyer's Agent
Mitch Mudlin
RE/MAX RESULTS
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Current Estimated Value
$215,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,037
Avg. Annual Appreciation
9.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aldrich Jody $128,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $128,000 -1.5% --
04/02/2020 04/02/20 For Sale $129,900 -- --
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
2025 $2,234 $149,800 $44,300 $105,500
2024 $2,234 $161,700 $40,300 $121,400
2023 $2,027 $141,500 $28,800 $112,700
2022 $1,638 $107,900 $24,000 $83,900
2021 $1,604 $94,900 $24,000 $70,900
2020 $1,539 $88,000 $24,000 $64,000
2019 $556 $84,600 $24,000 $60,600
2018 $1,297 $30,000 $24,000 $6,000
2017 $1,359 $73,500 $24,000 $49,500
2016 $1,512 $72,700 $24,000 $48,700
2015 $1,512 $77,300 $24,000 $53,300
2014 $1,538 $76,600 $24,000 $52,600
Source: Public Records

Agents Affiliated with this Home

  • Stuart Martin

    Seller's Agent in 2020

    Stuart Martin

    RE/MAX

    (605) 390-4227

    38 in this area

    390 Total Sales

    Stuart Martin
    Section Image
  • Stacey Nelson

    Seller Co-Listing Agent in 2020

    Stacey Nelson

    RE/MAX

    (605) 390-9028

    46 in this area

    377 Total Sales

    Stacey Nelson
    Section Image
  • Mitch Mudlin

    Buyer's Agent in 2020

    Mitch Mudlin

    RE/MAX

    (605) 390-4212

    10 in this area

    159 Total Sales

    Mitch Mudlin
    Section Image
See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 148729

Black Hills Association of REALTORS®

APN: 0031404

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

101 E Signal Dr Unit 103 Signal Drive, Rapid City, SD

Not Listed for Sale

MultiFamily

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.

Nearby Homes