NOT LISTED FOR SALE

111 E Monroe St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $240,000 - $272,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 16, 2018

Last sale price $169,000

Est. 69% increase in value since last sale

Current estimated payment $1,825/month

116 Days on Market

Highlights

  • Public Water Access
  • Separate Formal Living Room
  • Private Entrance
  • City View
  • Garage
  • Heating Available

About This Home

As of October 2018

Listed by Irina Lewis, Coldwell Banker (605) 391-2329. First time on the market! Recently built duplex in great shape with two bedrooms up and two bedrooms down with full baths, kitchen/dining combos and spacious living rooms. Each unit has a separate laundry area and additional storage in the back common area. Kitchen appliances included in both units. Residential Demand controller with BHE saves you money on your utilities. Each unit has a separate entrance. Tenants pay electric 60/40, owner pays water/sewer/trash. There is a detached 1 car garage and additional parking area in the alley. Storage shed. Buy as an investment property or live in one and rent the other.

Last Agent to Sell the Property

Irina Lewis

COLDWELL BANKER BLACK HILLS LEGACY Listed on: 05/18/2018

COLDWELL BANKER BLACK HILLS LEGACY

Last Buyer's Agent

Dustin Reichardt-Gunhammer

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 2006

Lot Details

  • 5,227

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Separate Formal Living Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Parking

  • Garage
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

  • 2 Units
  • Wise Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,503

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 05/18/2018
  • View: City
  • Year Built: 2006
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Central Water Heater, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Community Entrance, Private Entrance
  • Main Level Sq Ft: +
  • Total Sq Ft: +

Exterior Features

  • Construction: Frame
  • Foundation: Basement, Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking: Street, Garage

Utilities

  • Air Conditioner: Wall
  • Heating: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .12
  • Lot Type: Flat
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2017
  • Taxes: 2,502.52

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Window Coverings, Formal Living Room, Kit/DR Combo, Inside Utility Room, Extra Storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Oct 16, 2018
Bought by
Stevenson Jamar A
Seller's Agent
Irina Lewis
COLDWELL BANKER BLACK HILLS LEGACY
Buyer's Agent
Dustin Reichardt-Gunhammer
INACTIVE OFFICE
List Price
$174,900
Sold Price
$169,000
Premium/Discount to List
-$5,900
-3.37%
Current Estimated Value
$286,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,202
Avg. Annual Appreciation
6.21%
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
Stevenson Jamar A $169,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $169,000 -3.4% --
05/18/2018 05/18/18 For Sale $174,900 -- --
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 $3,953 $273,900 $30,100 $243,800
2024 $3,953 $289,500 $30,100 $259,400
2023 $3,807 $269,400 $23,500 $245,900
2022 $3,406 $224,300 $21,300 $203,000
2021 $3,010 $181,100 $22,800 $158,300
2020 $2,964 $172,600 $22,800 $149,800
2019 $2,868 $165,600 $22,800 $142,800
2018 $2,518 $159,500 $22,800 $136,700
2017 $2,692 $147,900 $22,800 $125,100
2016 $2,911 $149,000 $22,800 $126,200
2015 $2,911 $153,400 $26,000 $127,400
2014 $2,847 $146,000 $26,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Irina Lewis

    Seller's Agent in 2018

    Irina Lewis

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 391-2329

    3 in this area

    20 Total Sales

    Irina Lewis
    Section Image

  • D

    Buyer's Agent in 2018

    Dustin Reichardt-Gunhammer

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 139003

Black Hills Association of REALTORS®

APN: 0057060

South Dakota Pennington County Rapid City 57701 North Rapid City

111 E Monroe St, Rapid City, SD

Not Listed for Sale

MultiFamily

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