NOT LISTED FOR SALE

205 3rd St Jefferson, SD 57038

Estimated Value: $204,154 - $260,000

2 Beds
2 Baths
1,560 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $175,000 $112 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,528/month

90 Days on Market

About This Home

As of August 2022

Rare opportunity for an income producing property in Jefferson, SD. This townhome features two units. Each unit has 2 bedrooms with a full bath and a spacious, open concept living, dining and kitchen. Newer laminate floors run throughout each unit. All appliances are included as well as the washer/dryer. The exterior has maintenance free vinyl siding and a new roof in 2015. Four off street parking spaces off the alley in the back. Each unit rents for $500 per month with the tenant paying all utilities. Don't wait on this one!

Last Agent to Sell the Property

Troy Donnelly

Herrity & Associates Listed on: 03/29/2022

Last Buyer's Agent

Amy Kakacek

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1995

Lot Details

  • 7,500 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 1,560 Sq Ft Home

Schools

  • Elk Point Elementary And Middle School
  • Elk Point High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Internet Available

Community Details

  • 2 Units
  • Gross Income $12,000

Listing and Financial Details

  • Assessor Parcel Number 04.09.01.1020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Level Lot
  • Legal Description: LOT 19 BLK 1 LABRECHE JEFFERSON CITY, Union County, SD
  • Year Built: 1995
  • Audio Surveillance: Yes
  • Current Leases Available: Yes
  • School Middle Junior: Elk Point
  • Video Surveillance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1560
  • Main Level Sq Ft: 1560
  • Price Per Sq Ft: 112.18

Exterior Features

  • Road Frontage: 50

Garage/Parking

  • Internet: Yes
  • Driveway: Gravel

Utilities

  • Air Conditioning Type: Window Unit
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Elk Point
  • Middle School: Elk Point
  • High School: Elk Point

Lot Info

  • Acres: 0.17
  • Lot Sq Ft: 7500
  • Parcel Number: 04.09.01.1020
  • Zoning: Res

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2021
  • Gross Taxes: 2431

Multi Family

  • Rental Income: 1000
  • Electric Separate By Unit: Yes
  • Gross Income: 12000
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: Elk Point
  • School High: Elk Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jul 21, 2022
Sold by
Heaton Timothy D
Bought by
Dana Winkel Rentals Llc
Seller's Agent
Troy Donnelly
Herrity & Associates
Buyer's Agent
Amy Kakacek
LPT Realty, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$231,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,302
Avg. Annual Appreciation
3.16%
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 Buyer Sale Price Title Company
Dana Winkel Rentals Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heaton Timothy $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $175,000 -12.5% $112 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $199,900 -- $128 / Sq Ft
Source: Northwest Iowa Regional 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
2024 $3,007 $155,759 $14,611 $141,148
2023 $2,703 $139,938 $11,622 $128,316
2022 $2,431 $127,216 $10,565 $116,651
2021 $2,374 $110,623 $9,187 $101,436
2020 $2,110 $105,793 $9,187 $96,606
2019 $1,971 $93,074 $9,187 $83,887
2018 $1,948 $88,661 $8,750 $79,911
2017 $1,946 $88,661 $8,750 $79,911
2016 $2,138 $88,661 $8,750 $79,911
2015 $2,138 $88,661 $8,750 $79,911
2014 $2,222 $88,661 $8,750 $79,911
2013 $2,166 $88,661 $8,750 $79,911
2012 $2,166 $88,661 $8,750 $79,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 816612

Northwest Iowa Regional Board of REALTORS®

APN: 04.09.01.1020