NOT LISTED FOR SALE

18 E Quincy St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $189,000 - $326,000

8 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft

Last Sold August 30, 2019

Last sale price $263,900

Est. 8% decrease in value since last sale

Current estimated payment $1,454/month

1 Day on Market

Highlights

  • Public Water Access
  • Forced Air Heating System
  • Private Entrance
  • City View
  • Hot Water Heating System
  • Lot Has A Rolling Slope

About This Home

As of August 2019

Two duplexes being sold together! Both properties are 2 bedrooms, 1 bath up and down. The units have long term rental histories with no vacancies as the location is prime near the School of Mines. The properties have new roofs and exterior paint, off-street parking in the front and back, laundry hook-ups in all of the units, and a 2-car garage for owner storage. Owner pays heat, water, trash, and sewer for 18 E Quincy. Tenant pays electric. 18 E Quincy has one boiler that services the entire building. Owner pays water sewer trash for 14 E Quincy with tenants paying gas and electric. This property has 2 furnaces and 2 hot water heaters. All units are rented. There is a recorded easement as both properties share a common driveway and parking. This property is a great investment, don't miss it!

Last Agent to Sell the Property

Lisa Mueller

COLDWELL BANKER BLACK HILLS LEGACY Listed on: 07/16/2019

COLDWELL BANKER BLACK HILLS LEGACY

Last Buyer's Agent

Trevor Johnson

RE/MAX RESULTS

RE/MAX RESULTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1931

Lot Details

  • Private Entrance
  • Lot Has A Rolling Slope

Home Design

  • Quadruplex
  • Composition Roof
  • Hardboard

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Walk-Out Basement
  • Public Water Access

Community Details

Overview

  • 4 Units
  • Morgans Add Subdivision

Building Details

  • Fuel Expense $585
  • Insurance Expense $1,546
  • Water Sewer Expense $2,372
  • Gross Income $31,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 1931

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: Up & Down
  • Lvt Date: 07/17/2019
  • View: City
  • Year Built: 1931
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Master Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: +
  • Total Sq Ft: +

Exterior Features

  • Construction: Hardboard
  • Foundation: Basement, Walkout
  • Roof: Composition

Utilities

  • Heating: Forced Air, Gas, Hot Water
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 1546.27
  • Total Expenses: 7988
  • Gas Expense: 585.
  • Water Sewer Expenses: 2372.

Lot Info

  • Lot Size: .24
  • Lot Type: Flat, Rolling
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: 1 Year Lease
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2018
  • Taxes: 3452.42

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Hookups, Kit/DR Combo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 28, 2019
Bought by
Haar Group Llc
Seller's Agent
Lisa Mueller
COLDWELL BANKER BLACK HILLS LEGACY
Buyer's Agent
Trevor Johnson
RE/MAX RESULTS
List Price
$263,900
Sold Price
$263,900
Current Estimated Value
$241,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,208
Avg. Annual Appreciation
-1.34%
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
Haar Group Llc $263,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $263,900 0.0% --
07/16/2019 07/16/19 For Sale $263,900 -- --
Source: Black Hills 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 $2,545 $191,700 $43,300 $148,400
2024 $2,545 $186,000 $41,300 $144,700
2023 $2,599 $183,600 $41,300 $142,300
2022 $2,252 $148,300 $31,200 $117,100
2021 $2,115 $127,000 $31,200 $95,800
2020 $1,816 $105,400 $31,200 $74,200
2019 $1,795 $102,400 $26,200 $76,200
2018 $1,479 $102,500 $26,200 $76,300
2017 $1,460 $86,500 $26,200 $60,300
2016 $1,559 $80,400 $21,200 $59,200
2015 $1,559 $81,800 $21,200 $60,600
2014 $1,592 $81,300 $21,200 $60,100
Source: Public Records

Agents Affiliated with this Home

  • Lisa Mueller

    Seller's Agent in 2019

    Lisa Mueller

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 390-7137

    14 in this area

    116 Total Sales

    Lisa Mueller
    Section Image
  • Trevor Johnson

    Buyer's Agent in 2019

    Trevor Johnson

    RE/MAX

    (605) 431-2032

    19 in this area

    65 Total Sales

    Trevor Johnson
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 145002

Black Hills Association of REALTORS®

APN: 0026063

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

18 E Quincy St, Rapid City, SD

Not Listed for Sale

MultiFamily

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