NOT LISTED FOR SALE

118 E Signal Dr Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $188,000 - $230,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 05, 2014

Last sale price $82,475

Est. 160% increase in value since last sale

Current estimated payment $1,305/month

8 Days on Market

Highlights

  • Public Water Access
  • Handicap Accessible
  • Forced Air Heating System
  • City View
  • 1-Story Property
  • Garage

About This Home

As of May 2014

Great investment opportunity or great opportunity for a first-time home buyer! Live in one unit and rent the other for income which can be counted as income in the loan application. Most units in that area are renting for $550-$600 per month. The roof is 3 years old; new fencing; unit 118 has storage shed; new stove and refrigerators in both units; updated windows in both units; upgraded electrical in both; unit 118 new hot water heater; unit 120 has single car garage with extra storage area at side of garage; and both units have been very well maintained. Don't miss out on a low dollar investment with good potential income. City will be updating road, water, sewer line, curb, and gutter beginning in April.

Last Agent to Sell the Property

Tina Voth

INACTIVE OFFICE Listed on: 03/12/2014

INACTIVE OFFICE

Last Buyer's Agent

Tony Marshall

CINC REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1952

Lot Details

  • 6,534

Home Design

  • Duplex
  • Side-by-Side
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • City Views
  • Fire and Smoke Detector

Parking

  • Garage
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • Handicap Accessible
  • Public Water Access
  • Fenced

Community Details

Overview

  • 2 Units
  • Signal Heights Subdivision

Building Details

  • Electric Expense $43
  • Fuel Expense $95
  • Trash Expense $34
  • Water Sewer Expense $77

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,447

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Side/Side, 1 Story
  • View: City
  • Year Built: 1952
  • Safety Features: Smoke Detectors, Handicap Access
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Entrance: More than 1 per Apt

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Street, Garage

Utilities

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

Fee Information

  • Electricity Expense: 43/30
  • Gas Expense: 95/31
  • Trash Expense: 33.66
  • Water Sewer Expenses: 77.30

Lot Info

  • Lot Size: 0.15
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

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

Tax Info

  • Year: 2013
  • Taxes: $1447.20

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Window Coverings, Fenced Area, Extra Storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2013
Sold by
Simons Larry E and Simons Helen A
Bought by
Larry And Helen Simons Joint Rt
Current Estimated Value
$214,229
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
Larry And Helen Simons Joint Rt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2014 05/05/14 Sold $82,475 -3.0% --
03/20/2014 03/20/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $85,000 -- --
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 $2,223 $150,100 $44,300 $105,800
2024 $2,223 $162,000 $40,300 $121,700
2023 $2,015 $141,800 $28,800 $113,000
2022 $1,643 $108,200 $24,000 $84,200
2021 $1,592 $95,100 $24,000 $71,100
2020 $1,528 $88,300 $24,000 $64,300
2019 $1,316 $84,800 $24,000 $60,800
2018 $1,282 $74,100 $24,000 $50,100
2017 $1,343 $74,000 $24,000 $50,000
2016 $1,492 $73,100 $24,000 $49,100
2015 $1,492 $77,500 $24,000 $53,500
2014 $1,517 $76,700 $24,000 $52,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tina Voth

    INACTIVE OFFICE

    Section Image
  • Tony Marshall

    Buyer's Agent in 2014

    Tony Marshall

    CINC REALTY LLC

    (605) 391-8669

    16 in this area

    81 Total Sales

    Tony Marshall
    Section Image
See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 117175

Black Hills Association of REALTORS®

APN: 0031386

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

118 E Signal Dr, Rapid City, SD

Not Listed for Sale

MultiFamily

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