NOT LISTED FOR SALE

1125 E Cherry St Vermillion, SD 57069

1.31 Acres
-- Price per Acre
57,064 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $203,000

378 Days on Market

About This Lot

As of November 2021

Great Commercial location with Street Access to both Cherry and Lincoln Street. Located next to Casey's and Across from new First Dakota National Bank!!!

Last Agent to Sell the Property

Glynis Erickson

Dakota Realty Listed on: 04/07/2020

Co-Listed By

Hazen Bye

Dakota Realty

Last Buyer's Agent

Other Other

Other

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,344

Lot Details

  • 1.31 Acre Lot
  • Property is zoned Comm

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 15540-00100-010-00

Property Details

Property Type

Land

Est. Annual Taxes

$2,344

Lot Details

0

Listing Details

  • Property Class: Building Site/Land
  • Property Type: Commercial
  • Legal Description: N281' of Lot 1 Blk 1 & S12' of lot 1 BLK Ouellettes Add to the City of Vermillion
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: 194

Garage/Parking

  • Internet: Yes

Lot Info

  • Acres: 1.31
  • Lot Sq Ft: 56929.
  • Parcel Number: 15540-00100-010-00
  • Zoning: Comm

Tax Info

  • Year: 2019
  • Gross Taxes: 2344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Jts Investments Llc
Bought by
Realty Income Properties 26 Llc

Purchase Details

Listed on
Apr 7, 2020
Closed on
Nov 19, 2021
Sold by
First Dakota National Bank
Bought by
Jts Investments Llc
Seller's Agent
Glynis Erickson
Dakota Realty
Buyer's Agent
Other Other
Other
List Price
$230,000
Sold Price
$203,000
Premium/Discount to List
-$27,000
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,424,000
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2010
Sold by
Camille
Bought by
First Dakota National Bank
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Realty Income Properties 26 Llc $1,985,000 --
Jts Investments Llc $203,000 Security 1St Title Llc
First Dakota National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jts Investments Llc $1,424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $203,000 -11.7% --
04/20/2021 04/20/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $230,000 +13.3% --
01/01/2021 01/01/21 Off Market $203,000 -- --
04/07/2020 04/07/20 For Sale $230,000 -- --
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 $12,298 $1,138,425 $97,952 $720,959
2024 $12,298 $1,028,567 $97,952 $451,343
2023 $7,419 $918,763 $119,977 $798,786
2022 $2,610 $109,028 $109,028 $0
2021 $2,351 $103,577 $103,577 $0
2020 $2,344 $103,577 $103,577 $0
2019 $2,387 $103,577 $103,577 $0
2018 $2,379 $100,851 $100,851 $0
2017 $4,443 $100,851 $100,851 $0
2016 -- $180,982 $83,982 $97,000
2015 -- $281,698 $83,982 $197,716
2011 -- $276,980 $76,984 $199,996
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Glynis Erickson

    Dakota Realty

    (605) 670-0420

    32 in this area

    50 Total Sales

    Glynis Erickson
    Section Image
  • Hazen Bye

    Seller Co-Listing Agent in 2021

    Hazen Bye

    Dakota Realty

    (605) 670-0422

    35 in this area

    42 Total Sales

    Hazen Bye
    Section Image

  • O

    Buyer's Agent in 2021

    Other Other

    Other

    (712) 255-8810

    59 in this area

    909 Total Sales

    Other Other
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 808664

Northwest Iowa Regional Board of REALTORS®

APN: 15540-00100-010-00

South Dakota Clay County Vermillion 57069

1125 E Cherry St, Vermillion, SD

Not Listed for Sale

Lots

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