NOT LISTED FOR SALE

110 N Douglas St Elk Point, SD 57025

Estimated Value: $612,891

5 Beds
7 Baths
9,604 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $700,000 $73 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,523/month

9 Days on Market

About This Home

As of December 2023

Located in Elk Point, South Dakota, this value add multifamily property is composed of two eight unit buildings with four studio apartments and twelve one bedroom apartments. The owner is responsible for utilities, however they utilize a rent utility bill back system (RUBS) to increase the NOI.

Last Agent to Sell the Property

Nic Madsen

Gateway Real Estate Advisors Listed on: 10/18/2023

Last Buyer's Agent

Haley Fruechtenicht

Coldwell Banker Associated Brokers

Coldwell Banker Associated Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1969

Lot Details

  • 0.68 Acre Lot

Home Design

  • 9,604 Sq Ft Home

Community Details

  • 16 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 03.01.04.1015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,274

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: 03.01.04.1015 and 03.01.14.1020
  • Year Built: 1969
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 9604
  • Main Level Sq Ft: 4802
  • Sq Ft Below Grade Finishe: 4802
  • Price Per Sq Ft: 72.89

Garage/Parking

  • Internet: No

Utilities

  • Coin Operated Laundry: Yes

Lot Info

  • Acres: 0.68
  • Parcel Number: 03.01.04.1015
  • Zoning: NADC

Rental Info

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

Multi Family

  • Rental Income: 8300
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 16
  • Water Separate By Unit: Yes

Tax Info

  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Zabroz Of South Dakota Llc
Bought by
Blue Fund I Llc
Current Estimated Value
$612,891
Source: Public Records

Range of Values:

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Average Value
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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
Blue Fund I Llc $520,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $700,000 -6.7% $73 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $750,000 -- $78 / 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 $3,274 $195,161 $27,000 $168,161
2024 $3,274 $167,134 $27,000 $140,134
2023 $3,486 $162,634 $22,500 $140,134
2022 $3,595 $162,634 $22,500 $140,134
2021 $3,684 $162,634 $22,500 $140,134
2020 $3,595 $162,634 $22,500 $140,134
2019 $3,512 $162,634 $22,500 $140,134
2018 $3,524 $162,634 $22,500 $140,134
2017 $3,599 $162,634 $0 $162,634
2016 $3,957 $162,634 $0 $162,634
2015 $3,957 $162,634 $0 $162,634
2014 $4,091 $162,634 $0 $162,634
2013 $4,044 $162,634 $0 $162,634
2012 $4,044 $162,634 $22,500 $140,134
Source: Public Records

Agents Affiliated with this Home

  • Nic Madsen

    Seller's Agent in 2023

    Nic Madsen

    Gateway Real Estate Advisors

    (712) 540-6562

    151 Total Sales

    Nic Madsen
    Section Image

  • H

    Buyer's Agent in 2023

    Haley Fruechtenicht

    Coldwell Banker Associated Brokers

    36 Total Sales

    Haley Fruechtenicht
    Section Image
  • Chris Delfs

    Buyer Co-Listing Agent in 2023

    Chris Delfs

    Keller Williams Siouxland

    (712) 490-3163

    113 Total Sales

    Chris Delfs
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 822653

Northwest Iowa Regional Board of REALTORS®

APN: 03.01.04.1015

South Dakota Union County Elk Point 51041

110 N Douglas St, Elk Point, SD

This home is located at 110 N Douglas St, Elk Point, SD 57025 since 18 October 2023 and is currently estimated at $612,891, approximately $63 per square foot. This property was built in 1969. 110 N Douglas St is a home located in Union County with nearby schools including Elk Point-Jefferson Elementary School, Elk Point-Jefferson Middle School, and Elk Point-Jefferson High School.

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.

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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