NOT LISTED FOR SALE

12737 Nemo Rd Nemo, SD 57759

Estimated Value: $175,273 - $818,000

3 Beds
1 Bath
900 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $176,000 $196 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,169/month

169 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Lawn
  • Partially Wooded Lot
  • Main Floor Bedroom
  • Covered Patio or Porch

About This Home

As of September 2022

Nemo's Historic Cottage is a USFS leased property next to the old school house that may be lived in for 6 months of the year. This adorable cottage was built in the early 1900's and has been beautifully maintained and improved over the years. Recently the interior has been repainted and the wood floors resurfaced. This one and a half story cottage has the master bedroom (queen bed) and a sitting room upstairs (two twins) and the main floor consists of a full-size kitchen, bath, laundry room, and living area that opens to a wrap around covered porch. The wrap around porch has room for several lounge areas and a dining table. The main level has a back bunk room with two sturdy built-in bunks. The front porch has a beautiful view of the mountain and the back porch opens to a large wonderful lawn with several ancient Ponderosa Pines. Property borders USFS land. Buyer is purchasing cottage only and USFS provides lease. These types of properties were made available by the government so people can affordably experience living in National Forests and families usually hand these properties down to their family. See disclosures re USFS regulations for cabin use. Rentals are usually restricted. Owners would rent the cabin out for rally to pay lease and taxes. Great opportunity for a family who likes to spend the summers in the Black Hills. Contrary to realtor.com, this property is nowhere near the flood plain. The cottage is being sold unfurnished. Possession October 1st, 2022.

Last Agent to Sell the Property

Lee Thompson

Black Hills Real Estate License #4091 Listed on: 03/09/2022

Last Buyer's Agent

Jon Mehlhoff

eXp Realty License #14452

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1929

Lot Details

  • 0.25 Acre Lot
  • Partially Wooded Lot
  • Lawn

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 900 Sq Ft Home
  • Central Vacuum
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available
  • 220 Volts
  • Propane
  • Electric Water Heater
  • On Site Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 900
  • Deck Comments: Wrap around covered porch
  • Deck: Yes
  • Dining Rm Level: 1
  • Extras: Storage
  • Full Three Quarter Bathrooms: 1
  • Living Rm Level: 1
  • Main Level Bathrooms: 1
  • Main Level Laundry: 1
  • Main Level Number Bedrooms: 1
  • Master Bedrm Comments: Master bedroom upstairs
  • Master Bedrm Level: 2
  • Personal Property: Refrigerator, Central Vacuum
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 900
  • Systems: 220V Service, Breaker
  • Upper Level Number of Bedrooms: 2
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: Propane Tank Leased
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Insert, Gas Log, Fireplace, In Living Room
  • Estimated Sq Ft: 0 - 999
  • Estimated Total Sq Ft: 900
  • Bedroom 2 Comments: Bedroom open to MB
  • Bedroom 2 Level: 2
  • Bedroom 3 Comments: Bedroom w/Built in twins
  • Bedroom 3 Level: 1
  • Interior: Wood Floors
  • Kitchen Level: 1
  • Laundry: Main Level
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 3
  • Number Of Fireplaces: 1
  • Total Sq Ft: 900

Exterior Features

  • Construction: Brick, Block, Frame
  • Landscaping: Lawn
  • Patio Deck: Porch Covered
  • Roof: Metal
  • Siding: Wood Siding

Garage/Parking

  • Garage Type: Carport/1 Car

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. Wall Unit
  • Heating: Electric, Propane
  • Utilities Sewer: Septic
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acreage: Less than 0.5
  • Lot Description: Partially Wooded, View Lot
  • Number Of Acres: 0.25

Tax Info

  • RE Taxes: 721
  • Re Tax Year: 21

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $176,000 -9.7% $196 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $195,000 -13.3% $217 / Sq Ft
03/28/2022 03/28/22 Price Changed $225,000 +15.4% $250 / Sq Ft
03/09/2022 03/09/22 For Sale $195,000 -- $217 / Sq Ft
Source: Mount Rushmore Area 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 $734 $75,780 $0 $75,780
2024 $734 $74,050 $0 $74,050
2023 $706 $61,700 $0 $61,700
2022 $776 $61,700 $0 $61,700
2021 $721 $61,700 $0 $0
2019 $744 $51,420 $0 $51,420
2018 $742 $50,750 $0 $0
2017 $736 $50,750 $0 $0
2016 $794 $50,750 $0 $0
2015 -- $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 71292

Mount Rushmore Area Association of REALTORS®

APN: 26999-00012-000-78