NOT LISTED FOR SALE

1500 Valley Dr Rapid City, SD 57703

East Rapid City Neighborhood

Estimated Value: $469,000 - $3,012,477

393.45 Acres
$4,424 Price per Acre
17,138,680 Sq Ft Lot

Sale Details

Date Sold: December 1, 2016

Last sale price $1,742,000 $871 Per Sq Ft

Current estimated payment $10,688 / mo

731 Days on Market

Highlights

  • Horse Property
  • View of Hills
  • Lake, Pond or Stream
  • 393.45 Acre Lot
  • Farm

About This Lot

As of December 2016

Historic Johnson Bar Five Ranch is being offered for sale comprised of the former headquarters, two homes, shop, outbuildings and 77 acres within the Rapid City limits. The former cattle operation has been surrounded by growth in the area and it is now time to sell this rare and historic ranch. There are views of Harney Peak and the Black Hills front range from the homes as well as several exceptional building sites for a private home or housing development. At one time the alfalfa fields were irrigated and there remains the ditch and pump with some wetland areas that could make a great pond. Several of the outbuildings could be utilized for workshops or storage units. Rapid Valley water and utilities are available around the perimeter of the property. Improved roads from Copperfield housing development border the entire Eastern boundary. Prime location for housing development, commercial development, campgrounds or preservation for park areas. 355 additional acres available.

Last Agent to Sell the Property

David Peterson

SPECIALTY PROPERTIES Listed on: 10/31/2014

Last Buyer's Agent

David Peterson

SPECIALTY PROPERTIES Listed on: 10/31/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,550

Lot Details

  • 393.45 Acre Lot
  • Sloped Lot
  • Irrigation
  • Property is zoned General Agriculture

Home Design

  • Ranch Property
  • Planned Development

Interior Spaces

  • 2,000 Sq Ft Home
  • Views of Hills

Outdoor Features

  • Lake, Pond or Stream
  • Horse Property

Utilities

  • Gas Available
  • Well

Additional Features

  • Farm
  • Mobile Home Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$3,550

Lot Details

393.45 Acres

Listing Details

  • Class: LAND
  • Type: Farm & Ranch
  • View: Hills, Prairie
  • Access: Public
  • Special Directions: East HWY 44 ( Omaha) to North Valley Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Level Sq Ft: 1600
  • Total Sq Ft: 2000

Exterior Features

  • Road Surface: Blacktop

Utilities

  • Electricity: WREA Company
  • Gas: Gas to Lot
  • Sewer: Septic at Site
  • Water: Well (at site), City (at site)

Lot Info

  • Lot Size: 393.45
  • Number Of Acres: 393.45
  • Zoning: General Agriculture
  • Horses Allowed: Yes
  • Improvements: Corral, Fenced (Perimeter), Cross Fenced, Hay Barn, Equipment Building, Livestock Building, Metal Building, Shed, Shop
  • Mineral Rights: Unknown
  • Mobile Home Allowed: Yes
  • Size Of Lot: 40-100 Acres
  • Surface Water: Ponds/Dams, Irrigation
  • Topography: Sloping
  • Type Of Lot: Development Property, Horse Property, Ranchette, View Property, Mobile Homes Allowed, Ranch/Farm

Tax Info

  • Year: 2014
  • Taxes: 3550

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $1,742,000 +2.5% $871 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/31/2014 10/31/14 For Sale $1,700,000 -- $850 / Sq Ft
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 $16,863 $1,054,200 $395,300 $658,900
2024 $16,807 $1,026,800 $395,300 $631,500
2023 $13,978 $974,300 $395,300 $579,000
2022 $6,800 $526,600 $44,000 $482,600
2021 $7,177 $455,000 $41,700 $413,300
Source: Public Records

Agents Affiliated with this Home

  • David Peterson

    Seller's Agent in 2016

    David Peterson

    SPECIALTY PROPERTIES

    (605) 390-2709

    106 Total Sales

    David Peterson
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 120674

Black Hills Association of REALTORS®

APN: 3804301007

South Dakota Pennington County Rapid City 57703 East Rapid City

1500 Valley Dr, Rapid City, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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