NOT LISTED FOR SALE

220 E Denver St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $158,134 - $249,000

7 Beds
1 Bath
1,280 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2020

Last sale price $157,500 $123 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,161 / mo

61 Days on Market

Highlights

  • Public Water Access
  • 1-Story Property
  • Private Entrance
  • City View
  • Forced Air Heating System
  • 4-minute walk to Roosevelt Park

About This Home

As of January 2020

Excellent Investment Opportunity!! Here it is, Four income producing units on one centrally located city lot! Great income potential with the four units, proven rental history. Parcel includes two site built homes and two modular homes. Modular homes are currently licensed yearly and are included with the sale. Located only 5 minutes from downtown and within minutes of restaurants and retail on East North Street. Baseball fields and city recreation center within walking distance. Don't let this one get away. Listed by Jon Brue of KW Commercial. See 2017 and 2018 financial summary under Documents tab.

Last Agent to Sell the Property

Jon Brue

KELLER WILLIAMS REALTY BLACK HILLS Listed on: 10/04/2019

KELLER WILLIAMS REALTY BLACK HILLS

Co-Listed By

Jenni Brue

KELLER WILLIAMS REALTY BLACK HILLS

Last Buyer's Agent

Jon Brue

KELLER WILLIAMS REALTY BLACK HILLS Listed on: 10/04/2019

KELLER WILLIAMS REALTY BLACK HILLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 10,454

Parking

  • Off-Site Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • City Views

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Listing and Financial Details

Community Details

Overview

  • 4 Units
  • Schnasse Add Subdivision

Building Details

  • Insurance Expense $915
  • Gross Income $28

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Style: 1 Story
  • Lvt Date: 10/04/2019
  • View: City
  • Year Built: 1945
  • Includes: All Units
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 640
  • Total Sq Ft: 1280

Exterior Features

  • Construction: Wood
  • Foundation: Concrete Block
  • Roof: Composition

Garage/Parking

  • Parking: Off Site

Utilities

  • Air Conditioner: Wall
  • Heating: Forced Air
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: $915/Yr.

Lot Info

  • Lot Size: .24 Acre
  • Lot Type: Flat, Corner
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: 1 Year Lease
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant

Tax Info

  • Year: 2018
  • Taxes: $1,977.02

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 0 - 5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Feb 26, 2020
Bought by
Schiraldi Angelo D
Seller's Agent
Jon Brue
KELLER WILLIAMS REALTY BLACK HILLS
Buyer's Agent
Jon Brue
KELLER WILLIAMS REALTY BLACK HILLS
List Price
$174,500
Sold Price
$157,500
Premium/Discount to List
-$17,000
-9.74%
Current Estimated Value
$188,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,034
Avg. Annual Appreciation
2.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Schiraldi Angelo D $157,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $157,500 -9.7% $123 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $174,500 -- $136 / Sq Ft
Source: Black Hills Association of REALTORS®

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 $1,695 $124,000 $0 $124,000
2024 $2,246 $161,700 $41,200 $120,500
2023 $2,369 $165,000 $41,200 $123,800
2022 $2,273 $149,700 $41,200 $108,500
2021 $2,340 $138,700 $41,200 $97,500
2020 $2,059 $117,800 $41,200 $76,600
2019 $2,024 $116,000 $41,200 $74,800
2018 $1,988 $113,900 $41,200 $72,700
2017 $1,844 $114,700 $41,200 $73,500
2016 $1,898 $106,000 $36,000 $70,000
2015 $1,898 $103,900 $36,000 $67,900
2014 $1,934 $103,000 $36,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Jon Brue

    Seller's Agent in 2020

    Jon Brue

    KELLER WILLIAMS REALTY BLACK HILLS

    (605) 939-1322

    7 in this area

    49 Total Sales

    Jon Brue
    Section Image
  • Jenni Brue

    Seller Co-Listing Agent in 2020

    Jenni Brue

    KELLER WILLIAMS REALTY BLACK HILLS

    (605) 381-1055

    12 in this area

    98 Total Sales

    Jenni Brue
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 146202

Black Hills Association of REALTORS®

APN: 0031057

South Dakota Pennington County Rapid City 57701 North Rapid City

220 E Denver St, Rapid City, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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