NOT LISTED FOR SALE

2220 Malibu Loop Sturgis, SD 57785

Estimated Value: $427,000 - $819,000

0.63 Acre
$1,030,494 Price per Acre
27,443 Sq Ft Lot

Last Sold February 04, 2020

Last sale price $105,000

Est. 518% increase in value since last sale

Current estimated payment $4,182/month

110 Days on Market

Highlights

  • City View
  • 0.63 Acre Lot
  • Interior Lot

About This Lot

As of February 2020

Enjoy the beautiful view of the hills! This lot borders Ft. Meade BLM, which offers over a 6,700 acres of forest and grasslands. You will find walking & mountain bike trails near this property, and it is also located near a winery. This location provides quick access to I-90 and downtown Sturgis. The land owner has three separate house plans available, and this lot has had $60,000 in prep work to accommodate a walk-out basement. All preparations have been completed on this lot so you can start building your dream home today! Listed by Yanni Georgas, RE/MAX Results, (605) 381-2227.

Last Agent to Sell the Property

Yanni Georgas

RE/MAX RESULTS Listed on: 08/02/2019

RE/MAX RESULTS

Co-Listed By

Stephanie Steele

RE/MAX RESULTS

Last Buyer's Agent

Cory Williams

THE REAL ESTATE CENTER OF STURGIS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,712

Lot Details

  • 0.63 Acre Lot
  • Interior Lot
  • Level Lot
  • Property is zoned Low Density Residential

Property Views

  • City
  • Trees
  • Hills
  • Meadow

Utilities

  • Gas Available

Community Details

  • Vernon Hts Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,712

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Residential Lot/Acreage
  • Lvt Date: 08/02/2019
  • View: Hills, City, Trees, Meadow
  • Access: Public
  • Special Directions: Turn east on Anna St cross Starline Ave onto Belair go 1 block turn left on Malibu Loop the property will be on the left about 1/2 mile.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface: Blacktop

Utilities

  • Electricity: BHE Company
  • Gas: Gas to Lot
  • Water: City (at site)

Lot Info

  • Lot Size: .634
  • Number Of Acres: 0.63
  • Zoning: Low Density Residential
  • Size Of Lot: .5 to 1 Acre
  • Topography: Level, Sloping
  • Type Of Lot: Building Site, View Property, Flat, Interior

Tax Info

  • Year: 2017
  • Taxes: 1712.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 19, 2017
Sold by
Hafner Michael A and Hafner Catherine A
Bought by
Perrett Lance D and Perrett Pamela R
Seller's Agent
Jim Allison
ALLISON REAL ESTATE, LLC
Buyer's Agent
Stephanie Steele
RE/MAX RESULTS
List Price
$80,000
Sold Price
$65,500
Premium/Discount to List
-$14,500
-18.12%
Current Estimated Value
$649,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,711
Avg. Annual Appreciation
30.53%
Original Mortgage
$52,856
Outstanding Balance
$43,799
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$605,412

Purchase Details

Closed on
Jul 15, 2016
Sold by
Fritz Tyler J
Bought by
Hafner Michael A and Hafner Catherine A
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

Date Buyer Sale Price Title Company
Perrett Lance D $65,500 None Available
Hafner Michael A $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrett Lance D $52,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2020 02/04/20 Sold $105,000 0.0% --
01/22/2020 01/22/20 Off Market $105,000 -- --
08/07/2019 08/07/19 Price Changed $109,900 -4.4% --
08/02/2019 08/02/19 For Sale $114,900 +75.4% --
05/19/2017 05/19/17 Sold $65,500 -18.1% -- View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $80,000 -- --
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
2024 $9,376 $706,223 $114,660 $591,563
2023 $8,090 $588,519 $95,550 $492,969
2022 $6,813 $467,875 $73,500 $394,375
2021 $998 $49,245 $49,245 $0
2020 $1,020 $49,245 $49,245 $0
2019 $1,013 $49,245 $49,245 $0
2018 $1,712 $49,245 $49,245 $0
2017 $1,784 $81,600 $81,600 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 145270

Black Hills Association of REALTORS®

APN: 01.39.05.02A2