NOT LISTED FOR SALE

Estimated Value: $333,000 - $396,000

4 Beds
2 Baths
2,078 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2014

Last sale price $160,000 $77 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,222 / mo

14 Days on Market

Highlights

  • Public Water Access
  • Formal Dining Room
  • Patio
  • City View
  • Fireplace
  • Forced Air Heating System

About This Home

As of December 2014

Own a piece of Rapid City history! This duplex was one of the original apple orchard farmhouses in the Canyon Lake area. This house has withstood the test of time. The home is in great condition and has been converted to an income property. In a charming neighborhood a short distance to walking/biking trails and Canyon Lake, it's in a very desirable location. With a 0% vacancy rate and prime location, this is an investor's dream. All kitchen appliances are included. The kitchen and bathroom in both units are updated and in great condition. The nearly half acre lot allows for plenty of patio and yard area for residents to enjoy.

Last Agent to Sell the Property

SUSAN URBAN

INACTIVE OFFICE Listed on: 09/22/2014

Last Buyer's Agent

Arthur Koscielski

BLACK HILLS REALTY

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 1926

Lot Details

  • Private Entrance
  • Fenced

Property Views

  • City
  • Hills

Home Design

  • Duplex
  • Side-by-Side
  • Stone Foundation
  • Wood Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,078 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Basement

Outdoor Features

  • Public Water Access
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Community Details

Overview

  • 2 Units
  • Cedar Canyon Subdivision

Building Details

  • Electric Expense $296
  • Fuel Expense $62
  • Water Sewer Expense $180
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,766

Year Built

Built in 1926

Lot Details

0.46 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Side/Side, 2 Story
  • View: Hills, City
  • Year Built: 1926
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Dishwasher
  • Miscellaneous: Master Meters, Central Water Heater
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 2078
  • Total Sq Ft: 2078

Exterior Features

  • Construction: Hardboard, Wood
  • Foundation: Basement, Stone
  • Roof: Composition

Utilities

  • Air Conditioner: Electric, Window
  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Fee Information

  • Total Expenses: 538
  • Electricity Expense: 296
  • Gas Expense: 62
  • Water Sewer Expenses: 180

Lot Info

  • Lot Size: .46
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

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

Tax Info

  • Year: 2013
  • Taxes: 2,766.46

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Hookups, Window Coverings, Fireplace, Patio, Fenced Area, Formal Dining Room, Family Room, Kit/DR Combo, Extra Storage, Unfinished Basement

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
Sep 22, 2014
Closed on
Dec 30, 2014
Sold by
David K
Bought by
Seller's Agent
SUSAN URBAN
INACTIVE OFFICE
Buyer's Agent
Arthur Koscielski
BLACK HILLS REALTY
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$361,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,047
Avg. Annual Appreciation
7.20%
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
-- --
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
12/30/2014 12/30/14 Sold $160,000 -3.0% $77 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $165,000 -- $79 / Sq Ft
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 $2,759 $203,000 $64,200 $138,800
2024 $3,276 $236,500 $61,200 $175,300
2023 $3,231 $225,300 $58,300 $167,000
2022 $3,043 $200,400 $55,500 $144,900
2021 $2,742 $162,200 $55,500 $106,700
2020 $2,664 $152,400 $47,100 $105,300
2019 $2,010 $158,000 $47,100 $110,900
2018 $1,937 $138,500 $47,100 $91,400
2017 $2,138 $136,700 $47,100 $89,600
2016 $2,742 $144,300 $47,100 $97,200
2015 $2,742 $142,100 $47,100 $95,000
2014 -- $140,500 $47,100 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 120329

Black Hills Association of REALTORS®

APN: 0021830

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