NOT LISTED FOR SALE

2290 Malibu Loop Sturgis, SD 57785

Estimated Value: $899,000 - $1,014,000

5 Beds
3.5 Baths
4,024 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $800,000 $199 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,054/month

50 Days on Market

Highlights

  • 2.05 Acre Lot
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Deck
  • Ranch Style House
  • Granite Countertops

About This Home

As of December 2022

Listed by Lori Barnett, VIP Properties 605-786-5817. This amazing custom home sits atop the famed city of Sturgis with panoramic views of the beautiful Black Hills. The main floor offers a large living room with fireplace and vaulted ceilings. The living room opens to the kitchen and dining area with expansive views of the hills from every window. The modern kitchen is equipped with stainless steal appliances, a large island, granite countertops. A deck runs nearly the span of the home with access from the living room and the master bedroom. The main floor master leads to the master bath with his and her walk-in closets and vanities, jetted tub and a massive walk-in, tiled shower. A second bedroom, bath and laundry complete the main floor. The lower level features a walk out with spacious family room, three bedrooms, one and one half bath, as well as numerous storage areas. The home sets on over two acres and borders Bureau of Land Management land. No showings 8/3-8/15.

Last Agent to Sell the Property

Lori Barnett

Engel & Völkers Black Hills Rapid City License #14661 Listed on: 07/29/2022

Engel & Völkers Black Hills Rapid City

Last Buyer's Agent

Dixie Olson

Properties Unlimited Realty License #4756

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,696

Year Built

  • Built in 2009

Lot Details

  • 2.05 Acre Lot
  • Sprinkler System
  • Landscaped with Trees
  • Lawn
  • Subdivision Possible

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,024 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Wood Frame Window
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Stoop

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,696

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 4024
  • Basement Substructure: Walkout
  • Estimated Size Bedroom 2: 11X12
  • Estimated Size Bedroom 3: 13X13
  • Estimated Size Bedroom 4: 13X13
  • Estimated Dining Room Size: 11X12
  • Dining Rm Level: M
  • Family Room Estimated Size: 25X30
  • Family Gr Level: L
  • Full Three Quarter Bathrooms: 3
  • Estimated Kitchen Size: 24X14
  • Estimated Living Room Size: 17X18
  • Living Rm Level: M
  • Lower Level Fin Sq Ft: 2062
  • Lower Level Number Bedrooms: 3
  • Lower Level Total Sq Ft: 1962
  • Lower Level: Yes
  • Estimated Primary Bedroom Size: 15X16
  • Primary Bedroom Bath: Yes
  • Personal Property: Dishwasher, Refrigerator, Gas Range Oven, Microwave, Range Hood, Washer, Dryer, Free Standing Hot Tub, Window Coverings(All)
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 2062
  • Style: Ranch
  • Subdivision Yn: Yes
  • Systems: 220V Service, Breaker
  • Utilities Cable: Available
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Fireplace: Yes
  • Basement: Yes
  • Fireplace Type: One, In Living Room
  • Estimated Sq Ft: 4000+
  • Estimated Total Sq Ft: 4124
  • Bedroom 2 Level: M
  • Bedroom 3 Level: L
  • Bedroom 4 Level: L
  • Interior: Carpet, Tile Floors, Jet Tub, Laminate Flooring, Wet Bar, Vaulted Ceiling(s), Walk-In Closets, Ceiling Fan(s), Garage Door Opener, Stained Cement Floor, Granite Countertops
  • Kitchen Level: M
  • Laundry: Main Level
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 5
  • Number Of Fireplaces: 1
  • Total Sq Ft: 4124
  • Windows: Wood

Exterior Features

  • Construction: Frame
  • Landscaping: Sprinkler System, Lawn, Rock, Trees
  • Exterior: Paved Street
  • Patio Deck: Covered Patio, Open Deck, Covered Stoop
  • Roof: Composition
  • Siding: Stucco

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 28x38
  • Garage: Three Car
  • Garage Spaces: 3 Stalls

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Forced Air
  • Utilities Sewer: City
  • Water: City
  • Water Heater: Electric

Schools

  • School District: Meade

Lot Info

  • Acreage: 1.1 - 5
  • Number Of Acres: 2.05
  • Zoning: Residential

Tax Info

  • RE Taxes: 8696.42
  • Re Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Wright Michael Hill
Bought by
Horsepower Llc
Current Estimated Value
$948,015

Purchase Details

Closed on
Aug 12, 2020
Sold by
Wright Kathryn Hill
Bought by
Wright Kathryn Hill and Wright Michael

Purchase Details

Listed on
May 6, 2013
Closed on
Feb 20, 2014
Sold by
Jamie Jamie and Mcvay Laurie
Bought by
Wright Kathryn Hill
Seller's Agent
Lori Barnett
Engel & Völkers
Buyer's Agent
Lori Barnett
Engel & Völkers
List Price
$499,900
Sold Price
$440,000
Premium/Discount to List
-$59,900
-11.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Vernon J Allison Credit Trust
Bought by
Mcvay Jamie and Mcvay Lauri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,501
Interest Rate
6.51%
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Horsepower Llc -- --
Wright Kathryn Hill -- None Available
Wright Kathryn Hill -- --
Mcvay Jamie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcvay Jamie $39,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2022 12/28/22 Sold $800,000 -11.0% $199 / Sq Ft
12/09/2022 12/09/22 Price Changed $899,000 0.0% $223 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $899,000 -9.2% $223 / Sq Ft
08/17/2022 08/17/22 Price Changed $990,000 -10.0% $246 / Sq Ft
07/29/2022 07/29/22 For Sale $1,100,000 +150.0% $273 / Sq Ft
02/18/2014 02/18/14 Sold $440,000 -12.0% $109 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $499,900 -- $124 / Sq Ft
Source: Mount Rushmore Area 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 $13,041 $709,627 $146,390 $563,237
2024 $13,041 $809,022 $146,390 $662,632
2023 $11,433 $674,185 $121,992 $552,193
2022 $9,577 $535,594 $93,840 $441,754
2021 $9,038 $461,968 $93,840 $368,128
2020 $8,575 $445,968 $93,840 $352,128
2019 $8,517 $413,956 $93,840 $320,116
2018 $8,366 $413,956 $93,840 $320,116
2017 $8,717 $398,712 $93,840 $304,872
2016 $0 $390,894 $0 $0
2015 $9,369 $390,894 $92,000 $298,894
2013 -- $390,894 $92,000 $298,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 73288

Mount Rushmore Area Association of REALTORS®

APN: 01.39.06.20