NOT LISTED FOR SALE

1411 Laurel St Unit 1411 Laurel St Whitewood, SD 57793

-- Bed
-- Bath
-- Sq Ft
1993 Built

Last Sold March 31, 2022

Last sale price $1,100,000

Highlights

  • Public Water Access
  • Wooded Lot
  • Interior Lot
  • Views of Trees
  • Balcony
  • Brick or Stone Veneer

About This Home

As of March 2022

Listed by Thomas Lewis Pillar Properties, 605.350.6577. Attention Investors! opportune and prime location, minutes from both Spearfish and Sturgis, this 25-unit complex located in the quiet and cozy town of Whitewood, SD has become available for acquisition. The property was vacant for three years prior to the acquisition, and has been updated, including electrical, plumbing, striping, flooring, paint, etc. The property is currently opening leasing December 1, 2021 (6 units currently occupied). New management begins December 1, 2021 to begin true leasing. The 5-plex containing 4x 1 bedroom units and 1x large studio stands at the west end of the property, with parking on both sides of the structure with alley access. Adjacent to the 5-plex, is a two story structure housing 20 total units, 19 studio units and a 1 two bedroom unit. This structure lines the northwest side of the property and has plenty of parking on both sides of the structure. Onsite laundry and space to build!

Last Agent to Sell the Property

Thomas Lewis

INACTIVE OFFICE Listed on: 09/15/2021

Last Buyer's Agent

Thomas Lewis

INACTIVE OFFICE Listed on: 09/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1993

Lot Details

  • Private Entrance
  • Interior Lot
  • Wooded Lot

Parking

  • Paved Parking

Property Views

  • Trees
  • Creek or Stream
  • Hills

Home Design

  • Brick or Stone Veneer
  • Poured Concrete
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Public Water Access
  • Balcony

Utilities

  • Cooling Available
  • Heating Available
  • Public Septic

Community Details

  • 25 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,611

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Style: 1 Story, 2 Story
  • Lvt Date: 09/15/2021
  • View: Hills, Creek, Trees
  • Year Built: 1993
  • Safety Features: Smoke Detectors, Fire Alarm, Handicap Access
  • Includes: Refrigerator, Microwave
  • Miscellaneous: Individual Heat & Air, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Metal/Vinyl, Stone/Veneer
  • Foundation: Crawl Space, Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking: Paved

Utilities

  • Air Conditioner: Electric
  • Heating: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: 1.15
  • Lot Type: Hills/Wooded, Flat, Interior, Borders Stream
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month

Tax Info

  • Taxes: 4611

Multi Family

  • Number Of Units: 25
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Window Coverings, Furnished, Balcony/Deck, LR/DR Combo, Common Utility Room

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,100,000 -4.3% --
01/04/2022 01/04/22 For Sale $1,150,000 +4.5% --
01/03/2022 01/03/22 Off Market $1,100,000 -- --
12/29/2021 12/29/21 Price Changed $1,150,000 -4.2% --
11/26/2021 11/26/21 Price Changed $1,200,000 -14.3% --
09/15/2021 09/15/21 For Sale $1,400,000 -- --
Source: Black Hills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 156172

Black Hills Association of REALTORS®