NOT LISTED FOR SALE

216 W Cedar St Vermillion, SD 57069

Estimated Value: $171,208 - $264,000

4 Beds
2 Baths
1,604 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $119,900 $75 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,324/month

10 Days on Market

About This Home

As of October 2022

218 has 2 ( could make into 3) bdrms, 1 bath with washer and dryer, huge kitchen, enclosed back porch, living room and patio on main floor. stairway up to 2nd floor to a partly finished room with window and lots of potential. underrented at$650 on a month to month lease. buyer could live in one and rent one or raise rents. 216 is a 2 bdrm, 1 bath basement apt with lots of light because windows are at grade. underrented at $450/mo.on a mo to mo lease. Separate furnace and a/c, plenty of parking . close to downtown and schools. Excellent price.

Last Agent to Sell the Property

Barbara Iacino

Dakota Realty Listed on: 08/05/2022

Last Buyer's Agent

Barbara Iacino

Dakota Realty Listed on: 08/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot

Home Design

  • 1,604 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 157200420014003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,854

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: E1/2 lots 13 and 14 blk 42, Snyders
  • Year Built: 1900
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1604
  • Main Level Sq Ft: 956
  • Sq Ft Below Grade Finishe: 648
  • Price Per Sq Ft: 74.75

Garage/Parking

  • Internet: Yes
  • Driveway: Crushed Rock

Utilities

  • Air Conditioning Type: 2 Central
  • 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: 0.15
  • Lot Sq Ft: 6600
  • Parcel Number: 157200420014003
  • Zoning: res

Rental Info

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

Tax Info

  • Year: 2021
  • Gross Taxes: 2854

Multi Family

  • Rental Income: 1100
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 4, 2022
Sold by
Cjs Properties Llc
Bought by
Mighty Mo Property Management
Seller's Agent
Barbara Iacino
Dakota Realty
Buyer's Agent
Barbara Iacino
Dakota Realty
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$187,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,007
Avg. Annual Appreciation
17.45%
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
Mighty Mo Property Management $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culbertson Jay S $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $119,900 0.0% $75 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $119,900 -- $75 / 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 $3,538 $161,769 $9,174 $152,595
2023 $3,520 $141,374 $7,986 $133,388
2022 $2,853 $129,976 $7,260 $122,716
2021 $2,436 $115,079 $6,930 $108,149
2020 $2,327 $109,167 $6,930 $102,237
2019 $2,339 $104,490 $6,930 $97,560
2018 $2,254 $100,365 $6,930 $93,435
2017 $2,196 $96,930 $6,930 $90,000
2016 -- $89,730 $6,600 $83,130
2015 -- $93,150 $6,600 $86,550
2011 -- $84,290 $5,610 $78,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 818295

Northwest Iowa Regional Board of REALTORS®

APN: 15720-04200-140-03