1616 5th St Rapid City, SD 57701
Downtown Rapid City NeighborhoodEstimated payment $1,732/month
Highlights
- Deck
- Neighborhood Views
- Bathtub with Shower
- Ranch Style House
- Interior Lot
- Forced Air Heating System
About This Home
Let me introduce to you this beautifully remodeled 3-bedroom, 1.5-bath home that mixes some modern updates with some timeless charm! **Option to create alley access with reasonable offer!** Upon arrival you will notice the fresh curb appeal with brand new siding and windows, offering both style and energy efficiency. When you step inside you will find new LVP flooring throughout, and a thoughtfully updated interior, including upgraded plumbing and electrical system for peace of mind. The spacious layout provides comfortable living, while the tall ceilings upstairs create an open, airy feel. The primary bedroom is a true relaxing retreat with a cozy wood-burning fireplace! Upstairs you will find both of the bathrooms and the completely renovated kitchen with new cabinetry and counter tops. Downstairs you will walk into an open family room with brand new carpet and another bedroom. Located within walking distance to the downtown, this home offers convenient access to local shops, dining, and entertainment. Move-in ready and FULL of upgrades, this home is a must-see!
Home Details
Home Type
- Single Family
Year Built
- Built in 1947
Lot Details
- 6,534 Sq Ft Lot
- Chain Link Fence
- Interior Lot
Home Design
- Ranch Style House
- Poured Concrete
- Composition Roof
Interior Spaces
- 1,550 Sq Ft Home
- Wood Burning Fireplace
- Fireplace With Glass Doors
- Carpet
- Neighborhood Views
- Fire and Smoke Detector
- Basement
Kitchen
- Electric Oven or Range
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Additional Features
- Deck
- Forced Air Heating System
Community Details
- Flormann Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,076 | $188,700 | $52,900 | $135,800 |
| 2024 | $2,164 | $193,500 | $48,000 | $145,500 |
| 2023 | $1,616 | $140,800 | $41,800 | $99,000 |
| 2022 | $2,105 | $171,500 | $36,300 | $135,200 |
| 2021 | $1,448 | $105,400 | $36,300 | $69,100 |
| 2020 | $1,490 | $105,100 | $36,300 | $68,800 |
| 2019 | $1,563 | $112,000 | $31,600 | $80,400 |
| 2018 | $1,361 | $109,600 | $31,600 | $78,000 |
| 2017 | $1,385 | $97,700 | $31,600 | $66,100 |
| 2016 | $1,453 | $94,800 | $31,600 | $63,200 |
| 2015 | $1,453 | $97,100 | $31,600 | $65,500 |
| 2014 | $1,471 | $96,400 | $31,600 | $64,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $292,000 | -2.6% | $188 / Sq Ft |
| 04/15/2026 04/15/26 | Price Changed | $299,900 | -3.2% | $193 / Sq Ft |
| 03/27/2026 03/27/26 | For Sale | $309,900 | -- | $200 / Sq Ft |
Source: Black Hills Association of REALTORS®
MLS Number: 178134
APN: 0023420
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Ask me questions while you tour the home.