NOT LISTED FOR SALE

Estimated Value: $258,635 - $318,000

3 Beds
3 Baths
1,998 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $242,900 $122 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,685/month

5 Days on Market

Highlights

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

About This Home

As of May 2021

Remarkable investment opportunity! Close to downtown and the School of Mines. The lowest level includes a living room, bedroom, bathroom and a kitchenette area. The main floor offers a living room, spacious kitchen, laundry room, full bath and one nice sized bedroom. The upstairs studio includes a kitchen, living room, bedroom and bathroom. The property has an abundance of storage in the heated detached storage/workshop area. Sellers have made some great improvements including fresh paint and carpet. Tons of potential to increase rents or live in the main level and rent the upper level out.

Last Agent to Sell the Property

Amy Klock

RE/MAX ADVANTAGE Listed on: 03/04/2021

RE/MAX ADVANTAGE

Co-Listed By

Tony Klock

RE/MAX ADVANTAGE

Last Buyer's Agent

Jaima Knutson

RE/MAX RESULTS

RE/MAX RESULTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1906

Lot Details

  • 6,970

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,998 Sq Ft Home
  • City Views
  • Fire and Smoke Detector
  • Finished Basement

Utilities

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

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

Overview

  • 2 Units
  • Flormann Subdivision

Building Details

  • Water Sewer Expense $100
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1906

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 03/08/2021
  • View: City
  • Year Built: 1906
  • Safety Features: Smoke Detectors
  • Includes: Some Units, Refrigerator, Range/Oven, Washer, Dryer
  • Miscellaneous: Separate Meters, Central Water Heater
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 1998

Exterior Features

  • Construction: Metal/Vinyl
  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Off Site

Utilities

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

Fee Information

  • Water Sewer Expenses: $100

Lot Info

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

Rental Info

  • Type of Tenancy: Six Month Lease
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2020
  • Taxes: 2437.80

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%, 5 - 10%
  • Unit Features: Some Units, Hookups, Inside Utility Room, Extra Storage, Finished Basement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 29, 2021
Bought by
Foster Diana L
Seller's Agent
Amy Klock
RE/MAX ADVANTAGE
Buyer's Agent
Jaima Knutson
RE/MAX RESULTS
List Price
$239,900
Sold Price
$242,900
Premium/Discount to List
$3,000
1.25%
Current Estimated Value
$277,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,259
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Galbraith Robert M and Galbraith Jane K
Bought by
Fowler Robert M and Galbraith Jane K

Purchase Details

Closed on
Apr 24, 2014
Sold by
Evenson Jay and Evenson Debora
Bought by
Fowler Robert M and Galbraith Jane K
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
Foster Diana L $242,900 --
Fowler Robert M -- --
Fowler Robert M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $242,900 +1.3% $122 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $239,900 +54.0% $120 / Sq Ft
11/20/2018 11/20/18 Sold $155,815 -11.0% -- View Prior Sale
09/04/2018 09/04/18 For Sale $175,000 -- --
Source: Black Hills Association of REALTORS®

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 $3,108 $237,000 $48,300 $188,700
2024 $3,108 $227,000 $46,000 $181,000
2023 $3,161 $223,100 $46,000 $177,100
2022 $3,216 $211,800 $32,000 $179,800
2021 $2,926 $175,700 $32,000 $143,700
2020 $2,459 $142,700 $32,000 $110,700
2019 $2,022 $152,700 $27,000 $125,700
2018 $1,682 $142,100 $27,000 $115,100
2017 $1,644 $121,000 $27,000 $94,000
2016 $1,734 $112,700 $22,000 $90,700
2015 $1,734 $116,100 $22,000 $94,100
2014 -- $93,200 $22,000 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 153222

Black Hills Association of REALTORS®

APN: 0023128

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