NOT LISTED FOR SALE

1051 Sherman St Sturgis, SD 57785

Estimated Value: $760,451

-- Bed
-- Bath
6,760 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $550,000 $81 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,901/month

7 Days on Market

About This Home

As of December 2020

Listed by Rick Weller Northern Hills Real Estate Co (605)641-1987 Great investment opportunity near downtown Sturgis. 8 Plex with spacious 1 bedroom units. This property is located in the heart of Sturgis with multiple amenities. All units are well maintained with current 100% occupancy and a waiting list for available units. Management in place and would be available to new buyer. Turnkey operation with good renters, off street parking, and on-site laundry facilities.

Last Agent to Sell the Property

Rick Weller

Northern Hills Real Estate Company License #13579 Listed on: 11/13/2020

Last Buyer's Agent

Sue Cramer

The Real Estate Center of Spearfish License #00004476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,638

Lot Details

  • 0.33

Interior Spaces

  • 6,760 Sq Ft Home
  • 2-Story Property

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,638

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Sq Ft Above Grade: 6760
  • Style: 2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 6760

Schools

  • School District: Meade
  • School District: Meade

Tax Info

  • RE Taxes: 7638
  • Re Tax Year: 19

Multi Family

  • Number Of Units: 8

Range of Values:

Collateral Analytics

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Kolb Roland J $250,000
Closed Sherman Street Apartments Llc $166,513
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $550,000 0.0% $81 / Sq Ft
11/13/2020 11/13/20 For Sale $550,000 +10.4% $81 / Sq Ft
05/31/2018 05/31/18 Sold $498,000 0.0% --
04/07/2018 04/07/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $498,000 -- --
Source: Mount Rushmore Area 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 $9,092 $564,025 $183,142 $380,883
2023 $9,565 $564,025 $183,142 $380,883
2022 $9,215 $515,363 $152,618 $362,745
2021 $9,776 $482,386 $152,618 $329,768
2020 $7,638 $482,386 $152,618 $329,768
2019 $5,711 $368,695 $152,618 $216,077
2018 $5,825 $277,586 $72,303 $205,283
2017 $6,190 $277,586 $72,303 $205,283
2016 $0 $277,586 $0 $0
2015 $6,653 $277,586 $72,303 $205,283
2013 -- $277,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rick Weller

    Northern Hills Real Estate Company

    (605) 641-1987

    1 in this area

    18 Total Sales

    Rick Weller
    Section Image
  • Sue Cramer

    Buyer's Agent in 2020

    Sue Cramer

    The Real Estate Center of Spearfish

    (605) 645-2391

    5 in this area

    133 Total Sales

    Sue Cramer
    Section Image
  • Marty Wilcox

    Seller's Agent in 2018

    Marty Wilcox

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 391-5263

    75 Total Sales

    Marty Wilcox
    Section Image
  • Diane Wilcox

    Seller Co-Listing Agent in 2018

    Diane Wilcox

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 390-3959

    101 Total Sales

    Diane Wilcox
    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 66556

Mount Rushmore Area Association of REALTORS®

APN: 01.50.01.10

South Dakota Meade County Sturgis 57785

1051 Sherman St, Sturgis, SD

This home is located at 1051 Sherman St, Sturgis, SD 57785 since 13 November 2020 and is currently estimated at $760,451, approximately $112 per square foot. 1051 Sherman St is a home located in Meade County with nearby schools including Sturgis Brown High School - 01.

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Mount Rushmore Area 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.

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