$650,000
SOLD MAY 1, 2025

1234 E Kemp Ave Watertown, SD 57201

12 Beds
4 Baths
5,496 Sq Ft
0.28 Acres

Recently Sold

$118 Per Sq Ft

8% Below List Price

73 Days on Market

Highlights

  • Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Wood Siding
  • Laundry Room
  • Baseboard Heating

About This Home

As of May 2025

IDEAL INVESTMENT OPPORTUNITY! THIS NEWER 4-PLEX OFFERS A FANTASTIC OPPORTUNITY FOR BOTH INVESTORS AND OWNER-OCCUPANTS. EACH SPACIOUS UNIT FEATURES 3 BEDROOMS AND 1 FULL BATH. NICE SIZED LIVING ROOM LEADS INTO A LARGE KITCHEN. EACH UNIT COMES FULLY EQUIPPED WITH ALL APPLIANCES, INCLUDING A REFRIGERATOR, STOVE, DISHWASHER, MICROWAVE AND WASHER/DRYER, OFFERING ULTIMATE CONVENIENCE FOR TENANTS. ADDITIONALLY, EVERY UNIT HAS ACCESS TO 3 PARKING SPACES, ENSURING HASSLE-FREE PARKING FOR RESIDENTS.
THE PROPERTY BOASTS GREAT CURB APPEAL, WITH BEAUTIFULLY LANDSCAPED GROUNDS FEATURING UNDERGROUND SPRINKLERS AND CONCRETE CURB EDGING. THERE ARE TWO CONVENIENT ENTRANCES TO EACH UNIT—ONE IN THE FRONT AND ONE IN THE BACK, WITH EASY ALLEY ACCESS FOR ADDED FLEXIBILITY. SITUATED IN A CENTRAL LOCATION CLOSE TO LATC. DON'T MISS OUT ON THIS FANTASTIC INVESTMENT OPPORTUNITY!!

Last Agent to Sell the Property

Jill Schoenefeld

PLATINUM REALTY, INC. Brokerage Email: jsplatinumrealtysd@gmail.com License #15475 Listed on: 12/16/2024

Last Buyer's Agent

Jill Schoenefeld

PLATINUM REALTY, INC. Brokerage Email: jsplatinumrealtysd@gmail.com License #15475 Listed on: 12/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 165

Parking

  • No Garage

Home Design

  • Split Level Home
  • Asphalt Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 5,496 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Watertown Elementary School
  • Watertown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$458

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 75 X 165
  • Year Built: 2020
  • Attribution Contact: jsplatinumrealtysd@gmail.com
  • Room Type: Living Room
  • Room Type: Kitchen
  • Room Type: Bedroom
  • Room Type: Laundry
  • Room Type: Bedroom
  • Room Type: Bathroom
  • Room Type: Bedroom
  • General Property Description:Style2: Split
  • General Property Description:Above Grade Sq Ft: 3000.0
  • General Property Description:Waterfront YN: No
  • General Property Description:Monitoring System2: No
  • Utilities Heat 1: Baseboards
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Flooring: Carpet
  • General Property Description:Basement: Full
  • Floor:Carpet: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Stove: Yes

Exterior Features

  • Roof: Asphalt
  • Roof:Asphalt: Yes
  • Siding:Permanent: Yes
  • Trim:Wood3: Yes
  • Wall:Sheet Rock: Yes
  • Floor Luxury Vinyl Plank: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type2: None

Utilities

  • Utilities: Sewer Connected
  • Water Source: Water
  • Utilities:Air: Wall
  • Utilities:Water2: Public
  • Utilities:Fuel: Electricity
  • Utilities:Water Heater Type: Electric
  • Utilities:Sewer3: Yes

Schools

  • Elementary School: Watertown
  • High School: Watertown
  • General Property Description:Elementary School: Watertown
  • General Property Description:High School: Watertown

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 8274
  • ResoLotSizeUnits: Acres
  • General Property Description:Lot Size2: 75 X 165
  • General Property Description:Acres2: 0.28

Tax Info

  • Tax Annual Amount: 457.82
  • Tax Year: 2024
  • Location Tax and Other Information:Tax Year2: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 1, 2022
Bought by
J & T Dirksen Properties Llc
Seller's Agent
DANYEL KLOOS
MAINSTREAM REALTY
Buyer's Agent
Lynn Morris
THE REALTY TEAM
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$652,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,000
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Apr 1, 2019
Bought by
Walford Properties Llc

Purchase Details

Listed on
Sep 8, 2013
Closed on
Nov 18, 2013
Bought by
Stewart Michael K
Seller's Agent
JODY FIEDLER
EXIT REALTY CONNECTION
Buyer's Agent
Andy Mahowald
INSIGHT REALTY GROUP
List Price
$49,899
Sold Price
$34,000
Premium/Discount to List
-$15,899
-31.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.57%
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 Type Sale Price Title Company
Deed $655,000 --
Grant Deed $45,000 --
Warranty Deed -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Sold $650,000 -8.5% $118 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $710,000 +8.4% $129 / Sq Ft
04/01/2022 04/01/22 Sold $655,000 +0.8% $119 / Sq Ft View Prior Sale
01/13/2022 01/13/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $650,000 +1811.8% $118 / Sq Ft
11/18/2013 11/18/13 Sold $34,000 -31.9% $38 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $49,899 -- $56 / Sq Ft
Source: Northeast South Dakota 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 $504 $41,896 $41,896 $0
2024 $458 $38,087 $38,087 $0
2023 $487 $32,277 $32,277 $0
2022 $438 $32,277 $32,277 $0
2021 $601 $28,067 $28,067 $0
2020 $526 $37,998 $37,998 $0
2019 $491 $33,042 $33,042 $0
2018 $463 $30,594 $30,594 $0
2017 $487 $29,137 $29,137 $0
2016 $379 $29,137 $29,137 $0
2015 $1,526 $20,752 $20,752 $0
2014 -- $80,747 $20,752 $59,995
Source: Public Records

Agents Affiliated with this Home

  • Jill Schoenefeld

    Seller's Agent in 2025

    Jill Schoenefeld

    PLATINUM REALTY, INC.

    (605) 520-5265

    149 in this area

    167 Total Sales

    Jill Schoenefeld
    Section Image

  • D

    Seller's Agent in 2022

    DANYEL KLOOS

    MAINSTREAM REALTY

    (605) 520-6455

    28 in this area

    44 Total Sales

    DANYEL KLOOS
    Section Image
  • Lynn Morris

    Buyer's Agent in 2022

    Lynn Morris

    THE REALTY TEAM

    (605) 881-8267

    343 in this area

    428 Total Sales

    Lynn Morris
    Section Image

  • J

    Seller's Agent in 2013

    JODY FIEDLER

    EXIT REALTY CONNECTION

  • Andy Mahowald

    Buyer's Agent in 2013

    Andy Mahowald

    INSIGHT REALTY GROUP

    (605) 868-9229

    87 in this area

    90 Total Sales

    Andy Mahowald
    Section Image
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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 50-128

APN: 008274

South Dakota Codington County Watertown 57201

1234 E Kemp Ave, Watertown, SD

Sold

MultiFamily

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