NOT LISTED FOR SALE

1505 Elm Ave Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $209,000 - $225,000

3 Beds
1 Bath
1,154 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $170,000 $147 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,279/month

4 Days on Market

Highlights

  • City View
  • Interior Lot
  • Bathtub with Shower
  • Ranch Style House
  • Brick Veneer
  • Shed

About This Home

As of June 2021

Listed by Megan Mahoney, Assist2Sell Realty (785-304-0570.) This property has great city views in all directions! Enjoy summer nights in your good-sized backyard looking out to the west. This home has updates all around as well- new windows, paint, trim, interior doors and flooring throughout! 3 bedrooms and 1 bath with a 4th room that could be used as a bedroom, office, or second living room. House is located at the end of the development with no through traffic. You can't find a cozy, updated home this size with these views in this price range- Don't miss it! Contact Megan or your favorite Realtor to set up a showing today.

Last Agent to Sell the Property

Megan Mahoney

ASSIST 2 SELL/BUYERS & SELLERS REAL Listed on: 04/14/2021

Last Buyer's Agent

Megan Mahoney

ASSIST 2 SELL/BUYERS & SELLERS REAL Listed on: 04/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Interior Lot

Property Views

  • City
  • Trees
  • Hills
  • Neighborhood

Home Design

  • 1,154 Sq Ft Home
  • Ranch Style House
  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Electric Oven or Range
  • Laundry on main level
  • Shed

Community Details

  • Signal Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 04/14/2021
  • Personal Property: Refrigerator, Range/Oven-Electric-FS
  • View: City, Hills, Neighborhood, Trees
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Range/Oven Electric BI
  • Flooring: Carpet, Laminate
  • Bedrooms: Three
  • Master Bedroom: Size: 16x13, On Level: M
  • Bedroom 2: On Level: M, Size: 14x8
  • Bedroom 3: On Level: M, Size: 10x10
  • Bedroom 4: On Level: M, Size: 19x11
  • Bathroom Description: Shower and Tub
  • Full Three Quarter Bathrooms: One
  • Dining Room: Kitchen, On Level: M
  • Kitchen: Size: 15x7, On Level: M
  • Family Room: Size: 19x11, On Level: M
  • Living Room: Size: 15x12, On Level: M
  • Total Finished Sq Ft: 1154
  • Main Floor Laundry: Yes
  • Main Level Sq Ft: 1154
  • Total Sq Ft: 1154
  • Total Square Foot: 1154
  • Total Square Foot Keyword: 1000-1499

Exterior Features

  • Construction: Preowned/Resale
  • Construction: Brick/Veneer
  • Foundation: Slab
  • Driveway Exposure: East
  • Roofing: Composition

Utilities

  • Electric Services: Breaker
  • Flood Insurance: Not Required
  • Heating: Forced Air, Gas
  • Utilities: BHE-Electric, Cable Available, City Water, City Sewer, MDU- Gas

Lot Info

  • Acreage: Under .5 Acre
  • Lot Type: Flat, Interior
  • Number Of Acres: 0.2
  • Outbuildings: Shed

Tax Info

  • Year: 2020
  • Taxes: 1453

MLS Schools

  • School District: Rapid City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 9, 2021
Bought by
Vanmeter Fayth James D
Seller's Agent
Megan Mahoney
ASSIST 2 SELL/BUYERS & SELLERS REAL
Buyer's Agent
Megan Mahoney
ASSIST 2 SELL/BUYERS & SELLERS REAL
List Price
$159,900
Sold Price
$170,000
Premium/Discount to List
$10,100
6.32%
Current Estimated Value
$217,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,348
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 15, 2015
Sold by
Brian E
Bought by
Henwick Llc
Seller's Agent
Michael Frybarger
ASCEND REALTY INC.
Buyer's Agent
David Brenneman
COLDWELL BANKER BLACK HILLS LEGACY
List Price
$95,000
Sold Price
$71,000
Premium/Discount to List
-$24,000
-25.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
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 Buyer Sale Price Title Company
Vanmeter Fayth James D $170,000 --
Henwick Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $170,000 +6.3% $147 / Sq Ft
04/14/2021 04/14/21 For Sale $159,900 +125.2% $139 / Sq Ft
05/01/2015 05/01/15 Sold $71,000 -25.3% $63 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $95,000 -- $84 / Sq Ft
Source: Black Hills 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 $1,641 $144,300 $44,300 $100,000
2024 $1,641 $145,700 $40,300 $105,400
2023 $1,544 $133,900 $28,800 $105,100
2022 $1,281 $104,400 $24,000 $80,400
2021 $1,539 $91,500 $24,000 $67,500
2020 $1,480 $85,100 $24,000 $61,100
2019 $1,364 $80,500 $24,000 $56,500
2018 $1,385 $77,100 $24,000 $53,100
2017 $1,438 $80,300 $24,000 $56,300
2016 $1,129 $78,600 $24,000 $54,600
2015 $1,129 $76,500 $24,000 $52,500
2014 $1,170 $76,000 $24,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Megan Mahoney

    Seller's Agent in 2021

    Megan Mahoney

    ASSIST 2 SELL/BUYERS & SELLERS REAL

    (785) 304-0570

    11 in this area

    97 Total Sales

    Megan Mahoney
    Section Image
  • Michael Frybarger

    Seller's Agent in 2015

    Michael Frybarger

    ASCEND REALTY INC.

    (605) 786-8679

    12 in this area

    195 Total Sales

    Michael Frybarger
    Section Image
  • David Brenneman

    Buyer's Agent in 2015

    David Brenneman

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 415-0044

    9 in this area

    109 Total Sales

    David Brenneman
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 153743

Black Hills Association of REALTORS®

APN: 0031397

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

1505 Elm Ave, Rapid City, SD

Not Listed for Sale

Detached

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