NOT LISTED FOR SALE

205 N Harvard St Vermillion, SD 57069

Estimated Value: $233,000 - $398,000

5 Beds
3 Baths
2,703 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $166,000 $61 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,652/month

199 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Landscaped

About This Home

As of March 2021

Here is a great investment opportunity! Beautifully, redone tri-plex right across the street from the USD Medical School. The location is superior for a rental property. New exterior paint and cement parking pad. Tenants pay electricity and gas. Owner pays water, sewer and garbage. Leased through 5/31/21.

Last Agent to Sell the Property

Carrie Mart

Dakota Realty Listed on: 08/12/2020

Last Buyer's Agent

Barbara Iacino

Dakota Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1907

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 2,703 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 15050-06800-020-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,343

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Landscaping, Level Lot
  • Legal Description: Lot 1 and S 1/2 of 2 Blk 68 Bigelows
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2703
  • Main Level Sq Ft: 1081
  • Sq Ft 2nd Level: 541
  • Sq Ft Below Grade Finishe: 1081
  • Price Per Sq Ft: 61.41

Garage/Parking

  • Garage Type: Attached
  • Driveway: Concrete
  • Garage Spaces: 1
  • Off Street Parking: 6

Utilities

  • Air Conditioning Type: Central, Window Unit
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.22
  • Parcel Number: 15050-06800-020-00

Rental Info

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

Tax Info

  • Gross Taxes: 2343

Multi Family

  • Rental Income: 1325
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Mar 21, 2021
Sold by
Heine Nick J
Bought by
Iacino Barbara J
Seller's Agent
Carrie Mart
Dakota Realty
Buyer's Agent
Barbara Iacino
Dakota Realty
List Price
$179,000
Sold Price
$166,000
Premium/Discount to List
-$13,000
-7.26%
Current Estimated Value
$246,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,032
Avg. Annual Appreciation
9.00%
Original Mortgage
$148,000
Outstanding Balance
$134,868
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$107,834

Purchase Details

Closed on
Feb 21, 2007
Sold by
Grimley Carol L
Bought by
Grimley Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Iacino Barbara J $166,000 None Available
Grimley Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iacino Barbara J $148,000
Closed Iacino Barbara J $148,000
Previous Owner Grimley Gary R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $166,000 -7.3% $61 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
08/12/2020 08/12/20 For Sale $179,000 +104.6% $66 / Sq Ft
05/01/2017 05/01/17 Sold $87,500 -37.5% --
04/27/2017 04/27/17 Pending -- -- --
08/20/2015 08/20/15 For Sale $139,900 -- --
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 $3,746 $169,872 $19,107 $150,765
2023 $3,782 $147,633 $16,533 $131,100
2022 $2,670 $135,223 $15,048 $120,175
2021 $2,443 $106,486 $14,355 $92,131
2020 $2,343 $108,255 $14,355 $93,900
2019 $3,067 $104,015 $14,355 $89,660
2018 $3,035 $97,955 $14,355 $83,600
2017 $3,137 $94,925 $14,355 $80,570
2016 -- $92,615 $13,860 $78,755
2015 -- $87,275 $13,365 $73,910
2011 -- $78,520 $11,880 $66,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 810356

Northwest Iowa Regional Board of REALTORS®

APN: 15050-06800-020-00