NOT LISTED FOR SALE

1523 3rd St Sturgis, SD 57785

Estimated Value: $301,000 - $424,000

-- Bed
-- Bath
2,927 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $349,500 $119 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,330/month

About This Home

As of November 2021

Call or Text Listing Agent - Kade Welfl - The Real Estate Center of Spearfish - 605-210-0010 for more information. If you're looking for a great investment in the Black Hills, this 4-plex has it all. The property is conveniently centrally located and has a history of high occupancy and long-term tenants. In addition to the year round rents, the 4 units are also offered during the Sturgis Motorcycle Rally for 10 days total, typically rented in 5 night increments. Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Kade Welfl

The Real Estate Center of Spearfish License #15508 Listed on: 09/27/2021

Last Buyer's Agent

Kari Engen

The Real Estate Center of Spearfish License #10313

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,994

Year Built

  • Built in 1901

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,927 Sq Ft Home
  • 2.5-Story Property

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,994

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Sq Ft Above Grade: 2927
  • Style: 2.5 Story
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 2927

Exterior Features

  • Construction: Frame
  • Roof: Composition

Schools

  • School District: Meade
  • School District: Meade

Lot Info

  • Number Of Acres: 0.24

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RE Taxes: $3,439.04
  • Re Tax Year: 20

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 10, 2021
Sold by
Aai Property Management Llc
Bought by
Heller Philip Rp
Seller's Agent
Kade Welfl
The Real Estate Center of Spearfish
Buyer's Agent
Kari Engen
The Real Estate Center of Spearfish
List Price
$349,500
Sold Price
$349,500
Current Estimated Value
$362,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,957
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Alesha Alesha and Limbo Bradley
Bought by
Aai Property Management Llc

Purchase Details

Closed on
Mar 13, 2009
Sold by
First National Bank
Bought by
Limbo Alesha and Limbo Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,480
Interest Rate
5.22%

Purchase Details

Closed on
Jan 10, 2008
Sold by
Oswald Kassandra
Bought by
First National Bank
Source: Public Records

Range of Values:

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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
Heller Philip Rp $349,500 Nies & Karras Pc
Heeller Philip Rp $349,500 None Available
Aai Property Management Llc -- --
Limbo Alesha -- --
First National Bank $158,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aai Property Management Llc $202,000
Previous Owner Limbo Alesha $109,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $349,500 0.0% $119 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $349,500 -- $119 / Sq Ft
Source: Mount Rushmore Area 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
2024 $4,994 $309,820 $45,046 $264,774
2023 $4,356 $256,865 $45,046 $211,819
2022 $3,701 $206,993 $37,538 $169,455
2021 $3,439 $169,689 $34,125 $135,564
2020 $2,831 $169,689 $34,125 $135,564
2019 $2,556 $136,683 $32,787 $103,896
2018 $2,349 $124,257 $29,806 $94,451
2017 $2,496 $111,943 $26,852 $85,091
2016 $0 $111,943 $0 $0
2015 $2,683 $111,943 $26,852 $85,091
2013 -- $111,943 $26,852 $85,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 69906

Mount Rushmore Area Association of REALTORS®

APN: 01.76.08.05