NOT LISTED FOR SALE
9 Beds
-- Bath
-- Sq Ft
1977 Built

Sale Details

Date Sold: September 29, 2021

Last sale price $544,000

23 Days on Market

Highlights

  • Public Water Access
  • Forced Air Heating System
  • Family Room
  • City View
  • Private Entrance

About This Home

As of September 2021

Great investment property! 5 Unit property- featuring 1: 3 bedroom/2 bath and 4: 2 bedrooms/1 bath. All New Hardy Board Siding, Roof, and Wood Shakes are currently being installed. New hallway carpet in the corridor to be installed soon as well. Commercial Coin Operated Washer and Dryer, additional income around $180 month. Commercial washer was replaced in 2020. Parking is provided in the front and back of the building for each tenant, 2 dedicated spots per unit. Room for possible garages. Owner pays water/sewer and trash for the property. Along with the gas and electric for the halls and utility room. There are 5 furnaces and 5 hot water heaters. Each apartment has a stove and refrigerator, kitchen island opens up/overlooks the living room. 2 units have current leases the other three are currently month to month. Total Rents are currently $4,150/month and raising to $4,300/month on 9/1/21.

Last Agent to Sell the Property

MELISSA JAMES

KELLER WILLIAMS REALTY BLACK HILLS Listed on: 08/02/2021

KELLER WILLIAMS REALTY BLACK HILLS

Last Buyer's Agent

Irina Lewis

COLDWELL BANKER BLACK HILLS LEGACY

COLDWELL BANKER BLACK HILLS LEGACY
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1977

Parking

  • Paved Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Family Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Utilities

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

Additional Features

  • Public Water Access
  • Private Entrance

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 5 Units
  • Schamber Subdivision

Building Details

  • Electric Expense $70
  • Fuel Expense $14
  • Insurance Expense $276
  • Trash Expense $82
  • Water Sewer Expense $321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,965

Year Built

Built in 1977

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Style: 2 Story
  • Lvt Date: 08/02/2021
  • View: City
  • Year Built: 1977
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Community Entrance, Private Entrance

Exterior Features

  • Construction: Frame, Hardboard
  • Foundation: Basement, Poured Concrete

Garage/Parking

  • Parking: Paved

Utilities

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

Fee Information

  • Insurance Expense: 275.55
  • Electricity Expense: 70.00
  • Gas Expense: 14.00
  • Trash Expense: 81.51
  • Water Sewer Expenses: 321.1

Lot Info

  • Lot Size: .3
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

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

Tax Info

  • Year: 2020
  • Taxes: 5965.26

Multi Family

  • Number Of Units: 5
  • Vacancy Rate: 0 - 5%
  • Unit Features: Family Room, Kit/DR Combo

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 15, 2019
Bought by
Seller's Agent
PAULA LEWIS
SUN REAL ESTATE
Buyer's Agent
Ed Dreyer
RE/MAX ADVANTAGE
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2021 09/29/21 Sold $544,000 -6.2% --
08/02/2021 08/02/21 For Sale $579,900 +65.7% --
05/15/2019 05/15/19 Sold $350,000 +1.4% -- View Prior Sale
02/22/2019 02/22/19 For Sale $345,000 -- --
Source: Black Hills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,886 $588,800 $45,700 $543,100
2024 $7,439 $542,700 $45,700 $497,000
2023 $7,056 $497,200 $45,700 $451,500
2022 $6,230 $410,300 $45,700 $364,600
2021 $6,098 $365,300 $45,700 $319,600
2020 $5,906 $342,300 $45,700 $296,600
2019 $5,412 $311,100 $45,700 $265,400
2018 $5,255 $308,400 $45,700 $262,700
2017 $5,493 $307,100 $45,700 $261,400
2016 $5,762 $302,500 $45,700 $256,800
2015 $5,762 $302,200 $45,700 $256,500
2014 $5,746 $293,300 $45,700 $247,600
Source: Public Records

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 155504

Black Hills Association of REALTORS®

APN: 37-09-201-004

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