NOT LISTED FOR SALE

1118 Madison St Vermillion, SD 57069

Estimated Value: $307,119 - $441,000

8 Beds
4 Baths
-- Sq Ft
9,548 Sq Ft Lot

Last Sold February 17, 2016

Last sale price $232,500

Est. 52% increase in value since last sale

Current estimated payment $2,333/month

402 Days on Market

About This Home

As of February 2016

Fantastic investment opportunity. Two 4-bedroom, 2-Bath units complete with a washer/dryer and dishwasher. Built in 2000 with newer appliances and currently rental code compliant. Paved parking lot behind the building. 1118 Madison and 1112 Madison can be purchased together for $500,000.

Last Agent to Sell the Property

Jessi Wilharm

Maloney Real Estate Listed on: 12/19/2014

Last Buyer's Agent

David Thiesse

Dakota Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 2000

Lot Details

  • 9,548 Sq Ft Lot

Parking

  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15206-00100-050-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: LOT 5 BLK 1 DAKOTA ADDN
  • Newspaper: Yes
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Internet: Yes
  • Driveway: Concrete

Utilities

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

Lot Info

  • Acres: 0.21
  • Lot Sq Ft: 9548
  • Parcel Number: 15206-00100-050-00

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2013
  • Gross Taxes: 3806

Multi Family

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $232,500 -15.5% --
01/25/2016 01/25/16 Pending -- -- --
12/19/2014 12/19/14 For Sale $275,000 -- --
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 $5,774 $292,496 $15,277 $277,219
2024 $5,774 $264,173 $13,272 $250,901
2023 $5,744 $230,872 $11,553 $219,319
2022 $4,500 $212,276 $10,503 $201,773
2021 $3,852 $181,624 $10,025 $171,599
2020 $3,708 $172,768 $10,025 $162,743
2019 $3,617 $166,632 $10,025 $156,607
2018 $3,513 $155,284 $10,025 $145,259
2017 $3,404 $151,143 $10,025 $141,118
2016 -- $139,193 $9,548 $129,645
2015 -- $149,881 $9,548 $140,333
2011 -- $139,807 $8,116 $131,691
Source: Public Records

Agents Affiliated with this Home

  • Jessi Wilharm

    Seller's Agent in 2016

    Jessi Wilharm

    Maloney Real Estate

    (605) 670-8869

    86 in this area

    101 Total Sales

    Jessi Wilharm
    Section Image
  • David Thiesse

    Buyer's Agent in 2016

    David Thiesse

    Dakota Realty

    (605) 670-2305

    12 in this area

    15 Total Sales

    David Thiesse
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 710012

Northwest Iowa Regional Board of REALTORS®

APN: 15206-00100-050-00

South Dakota Clay County Vermillion 57069

1118 Madison St, 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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