2240 7th Ave Rapid City, SD 57702
West Rapid City NeighborhoodEstimated payment $1,314/month
Highlights
- Ranch Style House
- Laundry Room
- Forced Air Heating System
- Lawn
- Bathroom on Main Level
- Evaporated cooling system
About This Home
Listed by Pete Jensen, KWBH, 605-484-6713. MOTIVATED SELLER! Why rent when you can own for the same monthly price? *Owned by the same family for over 55 years, this affordable ranch style home with a finished basement is ready for new owners to turn it into their dream home! *Great natural light and original wood floors throughout the main level *Spacious kitchen with white appliances, a good sized dining area and door to the side deck *Desirable layout with 3 bedrooms and 1 bathroom on the main level *Finished basement has a cozy family room, a 4th bedroom (ntc for window size) with ensuite bathroom, and a large laundry/utility room with storage space *Outside has an east facing back patio for entertaining family and friends *Fully fenced back yard with mature trees and hedges for privacy and two sheds for outdoor storage *Large concrete pad and extra deep driveway for plenty of off street parking *Metal ramp on front of the home for accessibility. Centrally located and close to Meadowbrook Golf Course, Meadowbrook Elementary School, the city bike path, and close proximity to Canyon Lake. Call today for a showing! **Home has new street, sidewalk and sod (summer 2025 city street reconstruction project).
Listing Agent
Keller Williams Realty Black Hills SP License #18069 Listed on: 12/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,636
Year Built
- Built in 1954
Lot Details
- 6,970 Sq Ft Lot
- Lawn
- Subdivision Possible
Home Design
- Ranch Style House
- Composition Roof
- Block Exterior
Interior Spaces
- 1,976 Sq Ft Home
- Basement
- Laundry in Basement
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,657 | $241,900 | $57,300 | $184,600 |
| 2024 | $2,380 | $212,800 | $54,600 | $158,200 |
| 2023 | $2,298 | $200,800 | $52,000 | $148,800 |
| 2022 | $2,209 | $180,000 | $49,500 | $130,500 |
| 2021 | $2,502 | $183,000 | $49,500 | $133,500 |
| 2020 | $1,981 | $140,100 | $38,100 | $102,000 |
| 2019 | $1,641 | $134,000 | $38,100 | $95,900 |
| 2018 | $1,586 | $115,100 | $38,100 | $77,000 |
| 2017 | $1,641 | $114,000 | $38,100 | $75,900 |
| 2016 | $1,714 | $112,500 | $38,100 | $74,400 |
| 2015 | $1,714 | $114,700 | $38,100 | $76,600 |
| 2014 | $1,707 | $112,000 | $38,100 | $73,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | Price Changed | $205,000 | -4.7% | $104 / Sq Ft |
| 04/10/2026 04/10/26 | Price Changed | $215,000 | -4.4% | $109 / Sq Ft |
| 03/19/2026 03/19/26 | Price Changed | $225,000 | -4.3% | $114 / Sq Ft |
| 03/02/2026 03/02/26 | Price Changed | $235,000 | -4.1% | $119 / Sq Ft |
| 12/04/2025 12/04/25 | For Sale | $245,000 | -- | $124 / Sq Ft |
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 86838
APN: 0022575
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