NOT LISTED FOR SALE

1503 S Spring Ave Sioux Falls, SD 57105

Estimated Value: $289,000 - $327,000

5 Beds
-- Bath
2,145 Sq Ft
$145/Sq Ft Est. Value

About This Home

You won't find a cuter home in a more convenient location!! Beautiful and spacious home, tastefully updated while maintaining its historic charm. A lovely kitchen complete with stainless appliances, a cozy breakfast bar and gorgeous dining room! Spacious main level living room with fireplace, as well as an additional lower level living space or office! Five generously sized bedrooms (one with its own entrance and covered porch, another with a built in bed!). Two and a half baths (one on each level!). All of this with an oversized 1 car garage conplete with workbench, large and fully fenced backyard, in a convenient, desirable location! Tenants pays utilities. Lawn care and snow removal may be included at additional cost. NO SMOKING. All adults must provide proof of income at least 3x rent and pass background and credit check requirements. Pets accepted with additional $250 deposit and $50 monthly fee. Equal Housing Opportunity. Home available beginning Aug 1.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Merrick Caleb M and Merrick Ruth
Bought by
Buchanan Jonathan
Current Estimated Value
$310,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,040
Outstanding Balance
$181,860
Interest Rate
6.13%
Estimated Equity
$132,008

Purchase Details

Closed on
Oct 2, 2020
Sold by
Galtell Properties Llc
Bought by
Merrick Caleb M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2012
Sold by
Patterson Perry W and Patterson Mary Alice
Bought by
Herrboldt Laith M and Herrboldt Chelsea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,728
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Buchanan Jonathan $315,000 Stewart Title Co
Merrick Caleb M $250,000 None Available
Herrboldt Laith M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Jonathan $187,040
Previous Owner Merrick Caleb M $242,500
Previous Owner Herrboldt Laith M $117,728
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 For Rent $2,399 -- --

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 $3,398 $250,200 $31,800 $218,400
2023 $3,348 $237,400 $33,400 $204,000
2022 $3,346 $223,900 $33,400 $190,500
2021 $2,188 $224,600 $0 $0
2020 $2,188 $110,900 $0 $0
2019 $2,495 $124,723 $0 $0
2018 $1,834 $121,296 $0 $0
2017 $1,716 $113,699 $27,275 $86,424
2016 $1,716 $106,139 $27,275 $78,864
2015 $1,703 $101,255 $25,839 $75,416
2014 -- $101,255 $25,839 $75,416
Source: Public Records

Map

South Dakota Minnehaha County Sioux Falls 57105

1503 S Spring Ave, Sioux Falls, SD

This home is located at 1503 S Spring Ave, Sioux Falls, SD 57105 and is currently estimated at $310,329, approximately $144 per square foot. 1503 S Spring Ave is a home located in Minnehaha County with nearby schools including Lowell Elementary School, Edison Middle School, and Roosevelt High School.

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