NOT LISTED FOR SALE

1024 Westend Dr Vermillion, SD 57069

Estimated Value: $282,000 - $345,000

8 Beds
4 Baths
3,892 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 17, 2021

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

Est. 27% increase in value since last sale

Current estimated payment $2,020/month

About This Home

As of August 2021

Great investment property. Current owner has installed new furnaces, central air, updated some windows, painted the interior, painted the exterior, installed new gutters and downspouts, new toilets and vanities on the main floors. There has been updates to some electrical and plumbing components.

Last Agent to Sell the Property

Nikki Peters

Premier Real Estate and Property Management Listed on: 07/07/2021

Last Buyer's Agent

Barbara Iacino

Dakota Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 1958

Lot Details

  • 8,700

Home Design

  • 3,892 Sq Ft Home

Additional Features

  • 8,700 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15390-00000-090-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,741

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: LOT 9 LARSONS SUB DIVISION, City of Vermillion, County of Clay, South Dakota
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3892
  • Main Level Sq Ft: 1946
  • Sq Ft Below Grade Finishe: 1946

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

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

  • Gross Taxes: 3741

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 17, 2021
Sold by
Nsc Properties Llc
Bought by
Borgman Norma Jean
Seller's Agent
Nikki Peters
Premier Real Estate and Property Management
Buyer's Agent
Barbara Iacino
Dakota Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$317,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,153
Avg. Annual Appreciation
5.60%
Original Mortgage
$200,000
Outstanding Balance
$181,862
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,291

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

Closed on
Nov 22, 2019
Sold by
Embry Kade
Bought by
Scheibe Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $250,000 0.0% $64 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $250,000 +44.5% $64 / Sq Ft
03/06/2017 03/06/17 Sold $173,000 -8.9% $44 / Sq Ft View Prior Sale
01/25/2017 01/25/17 Pending -- -- --
07/23/2015 07/23/15 For Sale $189,900 -- $49 / 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
2025 $4,295 $256,276 $13,920 $242,356
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

  • Nikki Peters

    Seller's Agent in 2021

    Nikki Peters

    Premier Real Estate and Property Management

    (605) 670-9641

    110 in this area

    129 Total Sales

    Nikki Peters
    Section Image

  • B

    Buyer's Agent in 2021

    Barbara Iacino

    Dakota Realty

    (605) 677-8198

    38 in this area

    48 Total Sales

    Barbara Iacino
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 813931

Northwest Iowa Regional Board of REALTORS®

APN: 15390-00000-090-00

South Dakota Clay County Vermillion 57069

1024 Westend Dr, Vermillion, SD

Not Listed for Sale

MultiFamily

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Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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