NOT LISTED FOR SALE

2108 6th St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $272,187 - $310,000

4 Beds
2 Baths
1,450 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $122,300 $84 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,776/month

Highlights

  • Public Water Access
  • Garage
  • Family Room
  • City View
  • Private Entrance
  • Heating System Uses Gas

About This Home

As of September 2013

Great rental income property or you can live in 1 unit and rent out other 2. Property has new roof, siding, windows, electrical . Rents could be raised as the owner has not for a long time. Please call with any questions.

Last Agent to Sell the Property

TJ Wojtanowicz

BLACK HILLS REALTY Listed on: 01/13/2013

Last Buyer's Agent

JAMIE MCLAUGHLIN

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1955

Lot Details

  • 7,841

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • Family Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Parking

  • Garage
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

Overview

  • 3 Units
  • South Blvd Subdivision

Building Details

  • Electric Expense $140
  • Fuel Expense $70
  • Insurance Expense $600
  • Other Expense $2,370
  • Water Sewer Expense $140
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: Up & Down
  • View: City
  • Year Built: 1955
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Dryer
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Frame
  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Street, Garage

Utilities

  • Heating: Electric, Gas, Radiant Heat
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 600
  • Total Expenses: 7170/year
  • Electricity Expense: 140
  • Gas Expense: 70
  • Other Expense: 2370 taxes
  • Water Sewer Expenses: 140

Lot Info

  • Lot Size: .18
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2012
  • Taxes: 2044

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: Family Room, Kit/DR Combo, Common Utility Room, Extra Storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2013
Closed on
Sep 10, 2013
Sold by
Elmer Elmer and Inich Eleanor
Bought by
Chaffee Alfred W
Seller's Agent
TJ Wojtanowicz
BLACK HILLS REALTY
Buyer's Agent
JAMIE MCLAUGHLIN
INACTIVE OFFICE
List Price
$127,900
Sold Price
$122,300
Premium/Discount to List
-$5,600
-4.38%
Current Estimated Value
$284,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,247
Avg. Annual Appreciation
7.20%
Original Mortgage
$120,084
Outstanding Balance
$89,575
Interest Rate
4.39%
Mortgage Type
FHA
Estimated Equity
$194,972
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
Chaffee Alfred W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffee Alfred W $120,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $122,300 -4.4% $84 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $127,900 -- $88 / Sq Ft
Source: Black Hills Association 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
2025 $3,433 $246,200 $54,500 $191,700
2024 $3,433 $250,700 $49,500 $201,200
2023 $2,786 $243,600 $43,100 $200,500
2022 $2,417 $196,300 $37,500 $158,800
2021 $2,434 $177,800 $37,500 $140,300
2020 $2,247 $158,900 $37,500 $121,400
2019 $2,013 $144,700 $32,200 $112,500
2018 $1,950 $141,300 $32,200 $109,100
2017 $1,707 $140,300 $32,200 $108,100
2016 $1,729 $116,900 $32,200 $84,700
2015 $1,729 $115,600 $32,200 $83,400
2014 $1,900 $124,600 $32,200 $92,400
Source: Public Records

Agents Affiliated with this Home

  • TJ Wojtanowicz

    Seller's Agent in 2013

    TJ Wojtanowicz

    BLACK HILLS REALTY

    (605) 863-1920

    45 in this area

    432 Total Sales

    TJ Wojtanowicz
    Section Image

  • J

    Buyer's Agent in 2013

    JAMIE MCLAUGHLIN

    INACTIVE OFFICE

See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 111281

Black Hills Association of REALTORS®

APN: 0031783

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

2108 6th St, Rapid City, SD

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