NOT LISTED FOR SALE

2202 Mount Rushmore Rd Unit Former Rodeway Inn Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $278,000

0.51 Acre
$545,098 Price per Acre
22,216 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $500,000

Est. 44% decrease in value since last sale

Current estimated payment $1,790/month

1,286 Days on Market

About This Lot

As of August 2021

Extremely high volume traffic location. In addition to the platted ground, there are six additional parking spaces via a perpetual easement on the property directly east of the subject property. Seller would consider vacating the alley for more acreage if needed. Site of the former Rodeway Inn, demolition of the two structures is now complete and is now a hard corner with a lighted intersection. Across the street from major grocery store Safeway and surrounded by restaurants, motels and retailers. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489 and Sandra Runde, Sandra Runde Realty, Inc. 605-391-7500.

Last Agent to Sell the Property

Chris Long

KELLER WILLIAMS REALTY BLACK HILLS Listed on: 12/18/2017

KELLER WILLIAMS REALTY BLACK HILLS

Co-Listed By

SANDRA RUNDE

INACTIVE OFFICE

Last Buyer's Agent

OTHER NON-MEMBER

NON-MEMBER FIRM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,751

Lot Details

  • 0.51 Acre Lot
  • Property is zoned General Commercial

Home Design

  • Planned Development

Community Details

  • South Blvd Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$22,751

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Commercial
  • Lvt Date: 12/20/2017
  • Agent Only_ L A1 User Code: 1124
  • Special Directions: Former Rodeway Inn location. Corner of Mt. Rushmore Road and Flormann Street.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface: Concrete

Utilities

  • Electricity: BHE Company
  • Gas: MDU
  • Sewer: City at Site
  • Water: City (at site)

Lot Info

  • Lot Size: .51
  • Number Of Acres: 0.51
  • Zoning: General Commercial
  • Price Per Acre: 1176471
  • Size Of Lot: .5 to 1 Acre
  • Type Of Lot: Building Site, Development Property, Corner

Tax Info

  • Year: 2019
  • Taxes: $5,027.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jul 30, 2021
Seller's Agent
Chris Long
KELLER WILLIAMS REALTY BLACK HILLS
Buyer's Agent
OTHER NON-MEMBER
NON-MEMBER FIRM
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,000
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
-- $500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $500,000 -16.7% --
12/18/2017 12/18/17 For Sale $600,000 -- --
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 $22,751 $1,781,600 $137,200 $1,644,400
2024 $22,751 $1,667,900 $137,200 $1,530,700
2023 $1,934 $137,200 $137,200 $0
2022 $2,083 $137,200 $137,200 $0
2021 $2,272 $137,200 $137,200 $0
2020 $2,348 $137,200 $137,200 $0
2019 $2,385 $137,200 $137,200 $0
2018 $2,325 $137,200 $137,200 $0
2017 $3,854 $137,200 $137,200 $0
2016 $4,039 $210,700 $137,200 $73,500
2015 $4,039 $210,400 $137,200 $73,200
2014 $5,434 $276,500 $143,700 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Long

    Seller's Agent in 2021

    Chris Long

    KELLER WILLIAMS REALTY BLACK HILLS

    (605) 939-4489

    17 in this area

    162 Total Sales

    Chris Long
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    SANDRA RUNDE

    INACTIVE OFFICE

  • O

    Buyer's Agent in 2021

    OTHER NON-MEMBER

    NON-MEMBER FIRM

See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 137039

Black Hills Association of REALTORS®

APN: 0044371

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

2202 Mount Rushmore Rd Unit Former Rodeway Inn, Rapid City, SD

This home is located at 2202 Mount Rushmore Rd Unit Former Rodeway Inn, Rapid City, SD 57701 since 18 December 2017 and is currently priced at $278,000. 2202 Mount Rushmore Rd Unit Former Rodeway Inn is a home located in Pennington County with nearby schools including South Park Elementary School, South Middle School, and Central High School.

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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