NOT LISTED FOR SALE

224 Wall St Lead, SD 57754

Estimated Value: $431,000 - $553,000

Studio
-- Bath
3,504 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $428,500 $122 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,058/month

166 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • Private Entrance

About This Home

As of December 2024

Calling all investors! Welcome to this charming 1903 four unit multi-family home, located in the historic town of Lead. This unique brick-built property features four units, including two 1-bedroom units, 1 studio unit, and 1 three-bedroom-two bathroom unit. The property offers assigned off-street parking for each tenant. The building has been well-maintained and retains its original character, including beautiful woodwork, high ceilings and a brand new two-level wrap around deck. The units are spacious with plenty of natural light and views of the open cut in Lead. This multi-family complex is an excellent investment opportunity. Don't miss your chance to own a piece of Lead's history and make this multi-family investment your own. Contact us today to schedule your showing! Listed by Madison Reeves - Keller Williams Realty Black Hills, Spearfish (605)569-9019.

Last Agent to Sell the Property

Madison Shipman

Blair Allen Luxury Real Estate LLC License #18070 Listed on: 04/08/2024

Blair Allen Luxury Real Estate LLC

Last Buyer's Agent

Madison Shipman

Blair Allen Luxury Real Estate LLC License #18070 Listed on: 04/08/2024

Blair Allen Luxury Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,679

Year Built

  • Built in 1903

Lot Details

  • 8,276 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Parking

  • Assigned Parking

Home Design

  • 3,504 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Baseboard Heating

Additional Features

  • Property Views

Listing and Financial Details

  • The owner pays for gas/electric, water/sewer, real estate taxes, insurance
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,504 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,679

Year Built

Built in 1903

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Walkout
  • Extras: View
  • Safety Features: Smoke Detectors
  • Special Assessment: 610.24
  • Sq Ft Above Grade: 3504
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1903
  • Estimated Building Sq Ft: 3504
  • Includes: All Units
  • Miscellaneous: Master Meters, Pet Restrictions
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment, Community Entrance, Private Entrance
  • Total Sq Ft: 3504

Exterior Features

  • Construction: Brick
  • Exterior: Paved Street
  • Roof: Composition

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating: Electric, Baseboard

Schools

  • School District: Lead/Deadwood

Lot Info

  • Flood Plain: Unknown
  • Number Of Acres: 0.19

Rental Info

  • Pets Allowed: Yes
  • Owner Pays: Gas/Electric, Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: Month to Month, One Year Lease

Tax Info

  • RE Taxes: 7,679.22
  • Re Tax Year: 23

Multi Family

  • Number Of Units: 4

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $428,500 0.0% $122 / Sq Ft
10/08/2024 10/08/24 Off Market $1,750 -- --
08/28/2024 08/28/24 For Rent $1,750 0.0% --
06/12/2024 06/12/24 Price Changed $475,000 -5.0% $136 / Sq Ft
04/08/2024 04/08/24 For Sale $499,900 +19.0% $143 / Sq Ft
11/19/2021 11/19/21 Sold $420,000 -6.7% $124 / Sq Ft View Prior Sale
08/19/2021 08/19/21 For Sale $450,000 +63.6% $133 / Sq Ft
08/16/2019 08/16/19 Sold $275,000 -1.4% $81 / Sq Ft View Prior Sale
09/08/2018 09/08/18 For Sale $279,000 -- $82 / Sq Ft
Source: Mount Rushmore Area 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 $7,320 $478,370 $23,490 $454,880
2024 $7,320 $444,930 $17,490 $427,440
2023 $8,289 $411,410 $14,490 $396,920
2022 $4,763 $274,560 $14,490 $260,070
2021 $4,673 $274,560 $0 $0
2019 $3,292 $232,100 $5,950 $226,150
2018 $3,280 $136,090 $0 $0
2017 $3,331 $136,090 $0 $0
2016 $3,592 $136,090 $0 $0
2015 $3,592 $136,090 $0 $0
2014 $3,615 $136,090 $0 $0
2013 -- $136,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 79687

Mount Rushmore Area Association of REALTORS®

APN: 31510-02200-080-00

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