NOT LISTED FOR SALE

Estimated Value: $501,000 - $544,000

Studio
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $565,000

Est. 9% decrease in value since last sale

Current estimated payment $3,172/month

55 Days on Market

About This Home

As of June 2023

Price drop! 5 units located off West Blvd 30 seconds from downtown Rapid City. Two units are 2 bedrooms and three units are 1 bedrooms. Two of the units are furnished. Plenty of off street parking. Laundry facility and 2 storage units. Big utility room/ workshop area. Within close proximity to recreational paths, restaurants and entertainment!

Last Agent to Sell the Property

Billy Hall

Better Way Half Fee Realty License #15603 Listed on: 04/13/2023

Last Buyer's Agent

Billy Hall

Better Way Half Fee Realty License #15603 Listed on: 04/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Subdivision Possible

Home Design

  • Frame Construction
  • Composition Roof

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for gas/electric, rent only, water/sewer
  • The owner pays for insurance, real estate taxes
  • Month-to-Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1937

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Basement Substructure: Partial Basement, Unfinished, Outside Entrance Only, Poured Concrete Found., Stone Foundation
  • Personal Property: Dishwasher, Garbage Disposal, Refrigerator, Electric Range Oven, Washer, Dryer, Window Coverings (Some)
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1937
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Off Site, Street Parking

Utilities

  • Cooling: Window Evap.
  • Heating: Natural Gas

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.17

Rental Info

  • Tenant Pays: Gas/Electric, Rent Only, Water/Sewer
  • Owner Pays: Insurance, Real Estate Taxes
  • Type of Tenancy: One Year Lease, Month to Month

Tax Info

  • RE Taxes: 4278.48
  • Re Tax Year: 21

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 30, 2023
Seller's Agent
Billy Hall
Better Way Half Fee Realty
Buyer's Agent
Billy Hall
Better Way Half Fee Realty
List Price
$585,000
Sold Price
$565,000
Premium/Discount to List
-$20,000
-3.42%
Views
108
Current Estimated Value
$515,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,026
Avg. Annual Appreciation
-3.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
-- $565,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $565,000 -1.7% --
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $575,000 -1.7% --
04/13/2023 04/13/23 For Sale $585,000 -- --
Source: Mount Rushmore Area 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 $6,194 $494,900 $67,100 $427,800
2024 $6,194 $453,800 $67,100 $386,700
2023 $7,229 $512,100 $70,800 $441,300
2022 $4,447 $292,900 $49,000 $243,900
2021 $4,312 $258,800 $49,000 $209,800
2020 $3,959 $229,800 $49,000 $180,800
2019 $3,958 $222,600 $49,000 $173,600
2018 $3,796 $226,100 $49,000 $177,100
2017 $3,889 $222,400 $49,000 $173,400
2016 $4,157 $214,600 $49,000 $165,600
2015 $4,157 $218,500 $49,000 $169,500
2014 $4,699 $240,600 $49,000 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 75630

Mount Rushmore Area Association of REALTORS®

APN: 0034248

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