NOT LISTED FOR SALE

1024 Westend Dr Unit 2 Vermillion, SD 57069

Estimated Value: $285,000 - $315,613

8 Beds
4 Baths
3,719 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $169,000 $45 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,993/month

331 Days on Market

About This Home

As of November 2019

Side by side duplex in family neighborhood. Very large units with big rooms. Seller can deliver full or one side empty per buyers' needs. Could live in one side almost free if other side rented. Newer carpet and paint, newer roof. Mostly fenced backyards. Rental history with both sides rented is $2350/mo. Tenants pay all utils and mow and shovel. Incredible new low price!

Last Agent to Sell the Property

Barbara Iacino

Dakota Realty Listed on: 12/04/2018

Last Buyer's Agent

Barbara Iacino

Dakota Realty Listed on: 12/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1946

Lot Details

  • 8,700 Sq Ft Lot

Home Design

  • 3,719 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15390-00000-090-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,513

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: LOT 9 Larson's Subd
  • Year Built: 1946
  • Audio Surveillance: No
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3719
  • Main Level Sq Ft: 1946
  • Sq Ft Below Grade Finishe: 1773
  • Price Per Sq Ft: 45.44

Garage/Parking

  • Internet: Yes
  • Driveway: Crushed Rock
  • Off Street Parking: 4

Utilities

  • Air Conditioning Type: Window Unit
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

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

Lot Info

  • Acres: 0.2
  • Lot Sq Ft: 8700
  • Parcel Number: 15390-00000-090-00

Rental Info

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

Tax Info

  • Year: 2018
  • Gross Taxes: 3513

Multi Family

  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Nsc Properties Llc
Bought by
Borgman Norma Jean
Current Estimated Value
$296,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$184,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$109,850

Purchase Details

Closed on
Apr 20, 2021
Sold by
Pratt Dustin M
Bought by
Nsc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2021
Sold by
Scheibe Ryan S
Bought by
Pratt Dustin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2018
Closed on
Nov 22, 2019
Sold by
Embry Kade
Bought by
Scheibe Ryan S
Seller's Agent
Barbara Iacino
Dakota Realty
Buyer's Agent
Barbara Iacino
Dakota Realty
List Price
$184,900
Sold Price
$169,000
Premium/Discount to List
-$15,900
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$126,750
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Borgman Norma Jean $250,000 None Available
Nsc Properties Llc -- None Available
Pratt Dustin M $160,000 None Available
Scheibe Ryan S $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgman Norma Jean $200,000
Previous Owner Pratt Dustin M $120,000
Previous Owner Scheibe Ryan S $130,000
Previous Owner Scheibe Ryan S $126,750
Previous Owner Maes Debra K $127,200
Previous Owner Jensen Carolyn A $138,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $169,000 -0.5% $45 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $169,900 -4.0% $46 / Sq Ft
06/06/2019 06/06/19 Price Changed $177,000 -4.3% $48 / Sq Ft
12/04/2018 12/04/18 For Sale $184,900 -- $50 / 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 $4,295 $231,441 $12,093 $219,348
2023 $4,628 $202,265 $10,527 $191,738
2022 $4,056 $185,969 $9,570 $176,399
2021 $3,741 $163,054 $9,135 $153,919
2020 $3,578 $167,204 $9,135 $158,069
2019 $3,513 $160,244 $9,135 $151,109
2018 $3,389 $150,304 $9,135 $141,169
2017 $3,360 $145,334 $9,135 $136,199
2016 -- $136,944 $8,700 $128,244
2015 -- $136,944 $8,700 $128,244
2011 -- $131,834 $7,395 $124,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 803399

Northwest Iowa Regional Board of REALTORS®

APN: 15390-00000-090-00