NOT LISTED FOR SALE

1204 Lincoln St Vermillion, SD 57069

Estimated Value: $287,000 - $382,000

7 Beds
3 Baths
3,090 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $235,000 $76 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,257/month

351 Days on Market

About This Home

As of March 2023

Nice duplex with many updates. Main Floor unit 4 bed 2 bath. Basement 3 bed, 1 bath, tenants pay utilities. Lower unit was just updated with new carpet, paint, etc. Lower unit is vacant for showing, upper unit requires a 24 hour notice to the renters both units are leased for June 1st 2022 to May 31st 2023 for a total gross monthly rent $2060.

Last Agent to Sell the Property

David Thiesse

Dakota Realty Listed on: 03/03/2022

Last Buyer's Agent

Nikki Peters

Premier Real Estate and Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1899

Lot Details

  • 9,148

Home Design

  • 3,090 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Additional Features

  • 9,148 Sq Ft Lot
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15540-00100-070-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: Lot 7 Blk 1 ouellettes addition city of Vermillion
  • Year Built: 1899
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3090
  • Main Level Sq Ft: 2060
  • Sq Ft Below Grade Finishe: 1030
  • Price Per Sq Ft: 76.05

Garage/Parking

  • Internet: Yes

Utilities

  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.21
  • Parcel Number: 15540-00100-070-00
  • Zoning: multi

Rental Info

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

Tax Info

  • Year: 2021
  • Gross Taxes: 4497

Multi Family

  • Rental Income: 2060
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 2, 2023
Sold by
Town & Country Rental Properti
Bought by
Harvey Matthew and Harvey Heather
Seller's Agent
David Thiesse
Dakota Realty
Buyer's Agent
Nikki Peters
Premier Real Estate and Property Management
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Views
10
Current Estimated Value
$327,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,640
Avg. Annual Appreciation
12.00%
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
Harvey Matthew $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iacino Barbara $46,322
Previous Owner Iacino Barbara $111,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $235,000 -4.1% $76 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
03/28/2022 03/28/22 For Sale $245,000 0.0% $79 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $245,000 -66.2% $79 / Sq Ft
03/27/2018 03/27/18 Sold $725,000 0.0% $235 / Sq Ft
03/27/2018 03/27/18 Sold $725,000 +222.2% --
02/11/2018 02/11/18 Pending -- -- --
02/11/2018 02/11/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $225,000 -70.0% $73 / Sq Ft
07/21/2017 07/21/17 For Sale $750,000 -- --
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
2024 $5,818 $266,233 $13,194 $253,039
2023 $5,788 $232,673 $11,485 $221,188
2022 $4,497 $213,933 $10,441 $203,492
2021 $3,886 $181,490 $9,967 $171,523
2020 $3,698 $174,306 $9,967 $164,339
2019 $3,740 $166,204 $9,967 $156,237
2018 $3,591 $160,579 $9,967 $150,612
2017 $3,678 $154,554 $9,967 $144,587
2016 -- $150,464 $9,492 $140,972
2015 -- $150,464 $9,492 $140,972
2011 -- $140,605 $8,068 $132,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 816341

Northwest Iowa Regional Board of REALTORS®

APN: 15540-00100-070-00