NOT LISTED FOR SALE

2002 Ivy Ave Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $228,000 - $267,000

4 Beds
2 Baths
1,536 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $90,000 $59 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,452/month

100 Days on Market

Highlights

  • Public Water Access
  • City View
  • Private Entrance

About This Home

As of November 2018

Duplex with 2 bedrooms 1 bath in each unit. Great Investment property both properties are rented paying 600.00 each per month.

Last Agent to Sell the Property

Paul Riss

RISS REAL ESTATE Listed on: 07/18/2018

Last Buyer's Agent

Amy Klock

RE/MAX ADVANTAGE

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1952

Lot Details

  • 6,970

Home Design

  • Duplex
  • Side-by-Side
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,536 Sq Ft Home
  • City Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Gas
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

  • 2 Units
  • Robbinsdale Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Side/Side
  • Lvt Date: 07/18/2018
  • View: City
  • Year Built: 1952
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 768
  • Total Sq Ft: 1536

Exterior Features

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

Utilities

  • Heating: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: 16
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

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

Tax Info

  • Year: 2017
  • Taxes: 1800

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Inside Utility Room, Finished Basement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Nov 30, 2018
Bought by
Kavanaugh Torre and Kavanaugh Teri
Seller's Agent
Paul Riss
RISS REAL ESTATE
Buyer's Agent
Amy Klock
RE/MAX ADVANTAGE
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$242,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,562
Avg. Annual Appreciation
14.85%
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
Kavanaugh Torre $90,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $90,000 -8.2% $59 / Sq Ft
10/13/2018 10/13/18 Price Changed $98,000 -10.9% $64 / Sq Ft
07/18/2018 07/18/18 For Sale $110,000 -- $72 / Sq Ft
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 $2,306 $183,400 $53,800 $129,600
2024 $2,306 $168,000 $48,900 $119,100
2023 $2,031 $0 $0 $0
2022 $1,877 $123,600 $37,000 $86,600
2021 $1,901 $113,700 $37,000 $76,700
2020 $1,804 $105,600 $37,000 $68,600
2019 $1,684 $97,700 $32,000 $65,700
2018 $1,481 $95,800 $32,000 $63,800
2017 $1,501 $86,300 $32,000 $54,300
2016 $1,597 $82,400 $32,000 $50,400
2015 $1,597 $83,500 $32,000 $51,500
2014 $1,636 $83,300 $32,000 $51,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paul Riss

    RISS REAL ESTATE

    (605) 431-2383

    7 in this area

    34 Total Sales

    Paul Riss
    Section Image
  • Amy Klock

    Buyer's Agent in 2018

    Amy Klock

    RE/MAX

    (605) 431-2607

    22 in this area

    164 Total Sales

    Amy Klock
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 139949

Black Hills Association of REALTORS®

APN: 0028916

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

2002 Ivy Ave, Rapid City, SD

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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