NOT LISTED FOR SALE

1111 Farlow Ave Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $184,000 - $209,799

4 Beds
2 Baths
1,435 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $107,000 $75 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,250/month

11 Days on Market

Highlights

  • Public Water Access
  • Interior Lot
  • Private Entrance
  • City View
  • Forced Air Heating System

About This Home

As of February 2020

Duplex home on a quiet street with good cash flow. *Upstairs unit is 3 bedrooms and 1 bathroom with large windows and a good sized eat in kitchen * Downstairs unit offers 1 bedroom and 1 bathroom with spacious eat in kitchen and living room. *Coin operated washer/dryer in public area for convenience of both tenants and additional income for landlord. *Ample parking for both units, front driveway and rear carport available. Located close to restaurants, schools and easy access to 1-90. Listed by Jeremy Kahler, Keller Williams Realty BH (605) 381-7500.

Last Agent to Sell the Property

JEREMY KAHLER

INACTIVE OFFICE Listed on: 12/12/2019

INACTIVE OFFICE

Last Buyer's Agent

Josiah LaFrance

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1930

Lot Details

  • Private Entrance
  • Interior Lot

Parking

  • Carport

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,435 Sq Ft Home
  • City Views
  • Fire and Smoke Detector
  • Basement

Outdoor Features

  • Public Water Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Community Details

  • 2 Units
  • North Rapid 2 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,614

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 12/12/2019
  • View: City
  • Year Built: 1930
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Washer, Dryer
  • Miscellaneous: Separate Meters, Individual Heat & Air
  • Agent Only_ L A1 User Code: 712
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 850
  • Total Sq Ft: 1435

Exterior Features

  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

  • Air Conditioner: Wall
  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .16
  • Lot Type: Flat, Interior
  • Zoning: Non-conforming

Rental Info

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

Tax Info

  • Year: 1930
  • Taxes: 1614.2

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Window Coverings, Common Utility Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 25, 2020
Bought by
Schroeder Kyler
Seller's Agent
JEREMY KAHLER
INACTIVE OFFICE
Buyer's Agent
Josiah LaFrance
INACTIVE OFFICE
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%
Current Estimated Value
$199,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,115
Avg. Annual Appreciation
11.30%
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
Schroeder Kyler $107,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $107,000 -2.6% $75 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $109,900 -- $77 / Sq Ft
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
2024 $1,915 $139,300 $34,900 $104,400
2023 $2,076 $146,000 $26,800 $119,200
2022 $1,947 $128,200 $24,400 $103,800
2021 $1,927 $115,300 $24,400 $90,900
2020 $1,839 $106,400 $24,400 $82,000
2019 $1,682 $99,800 $24,400 $75,400
2018 $1,635 $95,700 $24,400 $71,300
2017 $1,729 $95,400 $24,400 $71,000
2016 $1,878 $95,100 $24,400 $70,700
2015 $1,878 $98,400 $26,000 $72,400
2014 $1,892 $96,500 $26,000 $70,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JEREMY KAHLER

    INACTIVE OFFICE

    Section Image

  • J

    Buyer's Agent in 2020

    Josiah LaFrance

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 146943

Black Hills Association of REALTORS®

APN: 0027295

South Dakota Pennington County Rapid City 57701 North Rapid City

1111 Farlow Ave, Rapid City, SD

This home is located at 1111 Farlow Ave, Rapid City, SD 57701 since 12 December 2019 and is currently estimated at $199,600, approximately $139 per square foot. This property was built in 1930. 1111 Farlow Ave is a home located in Pennington County with nearby schools including Horace Mann Elementary School, North Middle School, and Central 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.

Black Hills 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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