$255,000
SOLD FEB 14, 2025

175 Verona Ave Cavour, SD 57324

-- Bed
-- Bath
3,360 Sq Ft
10 Acres

Recently Sold

$76 Per Sq Ft

22% Below List Price

176 Days on Market

About This Home

As of February 2025

Investors, take note! A remarkable investment opportunity presents itself with a fully rented apartment complex. This property includes four units, each with 2 bedrooms, 1 bathroom, and their own garage stall. The deal is sweetened with 15 additional storage units, all currently occupied. This investment is a smart move in a burgeoning rental market. Seize the chance to expand and diversify your investment portfolio with this lucrative offering! With 1.67 acres of land, you have a lot of flexibility to add more apartments or storage units.

Last Agent to Sell the Property

Dawn Robinson

Action Realty Listed on: 06/25/2024

Last Buyer's Agent

Dawn Robinson

Action Realty Listed on: 06/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • 1988

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Sliding Windows

Additional Features

  • Lot Dimensions are 500 x 145.6
  • Window Unit Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1 Story
  • Age: 1988
  • Construction Roads: Gravel
  • Directions: Go East on Highway 14 for 9 miles, turn left on to Humbert St, turn left onto Verona St, it is the first building on the right.
  • House Number: 175
  • L B P: N/A
  • Lending Instution: Other - Cash
  • Realtor C O M Type: Multi Family
  • S P D S: Yes
  • Utilities Cooling: Window
  • Miscellaneous Number Of Units: 4.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Windows: Sliders
  • Total Sq Ft: 3360.00

Exterior Features

  • Construction Construction: Frame
  • Construction Foundation: Concrete Block
  • Construction Roof: Asphalt Shingles
  • Siding: Vinyl

Utilities

  • Utilities Sewer: Public
  • Utilities Heat: Hot Water Baseboards
  • Water: Public

Lot Info

  • Lot Acres: 1.67
  • Lot Size: 500 x 145.6

Tax Info

  • Year: 2024
  • Taxes: 3988.90

MLS Schools

  • School: Cavour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Feb 14, 2025
Bought by
Micheli Stephen A and Micheli Mary H
Seller's Agent
Dawn Robinson
Action Realty
Buyer's Agent
Dawn Robinson
Action Realty
List Price
$325,000
Sold Price
$255,000
Premium/Discount to List
-$70,000
-21.54%
Views
21
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $255,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $255,000 -21.5% $76 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $325,000 -- $97 / Sq Ft
Source: Huron Board 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 $3,873 $212,356 $3,640 $208,716
2024 $3,989 $212,356 $3,640 $208,716
2023 $3,959 $212,356 $3,640 $208,716
2022 $4,110 $212,356 $3,640 $208,716
2021 $4,355 $212,356 $3,640 $208,716
2020 $4,582 $212,356 $3,640 $208,716
2019 $4,395 $212,356 $3,640 $208,716
2018 -- $212,356 $3,640 $208,716
2017 -- $177,236 $4,914 $172,322
2016 -- $125,000 $4,914 $120,086
2015 -- $125,000 $4,914 $120,086
2014 -- $125,000 $4,914 $120,086
2013 -- $125,000 $4,914 $120,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Huron Board of REALTORS®

MLS Number: 24-153

Huron Board of REALTORS®

APN: 7178