NOT LISTED FOR SALE

231 E Michigan St Spearfish, SD 57783

Estimated Value: $423,322 - $493,000

5 Beds
2 Baths
2,304 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $209,000 $91 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,667/month

14 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Open Patio
  • 3-minute walk to Lions Memorial Park

About This Home

As of September 2014

Here is a diamond in the rough. Inside are hardwood floors, gas fireplace with build-in's, new kitchen vinyl, 3 bedrooms and remodeled bath on main floor. The basement could be a mother-in-law suite with 2 bedrooms, an office and kitchenette with a private entrance. You will never want to leave the quiet peacefulness of the backyard and landscaped patio. Hot tub plug-in. Additional storage sheds and 2 car garage. You must see to appreciate. There is an instant hot water heater and new windows. Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Beth Mathis

The Real Estate Center of Spearfish License #00009281 Listed on: 07/30/2014

Last Buyer's Agent

Ryan Wordeman

The Real Estate Center of Spearfish License #14026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,304 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 2304
  • Basement Bathrooms: 1
  • Basement Bedrooms: 2
  • Basement Substructure: Full Basement, Completely Finished
  • Estimated Size Bedroom 2: 11X10
  • Estimated Size Bedroom 3: 10X12
  • Estimated Size Bedroom 4: 11X12
  • Estimated Dining Room Size: 13X13
  • Dining Room Comments: Hardwood Floors
  • Dining Rm Level: M
  • Family Room Estimated Size: 12X17
  • Family Gr Comments: Includes Kitchenette
  • Family Gr Level: B
  • Full Three Quarter Bathrooms: 2
  • Estimated Kitchen Size: 10x17
  • Estimated Living Room Size: 17X13
  • Living Rm Comments: Hardwood Floors
  • Living Rm Level: M
  • Main Level Bathrooms: 1
  • Main Level Laundry: Y
  • Main Level Number Bedrooms: 3
  • Estimated Primary Bedroom Size: 12X12
  • Master Bedrm Comments: Hardwood Floors
  • Master Bedrm Level: M
  • Other Rm1 Approx Size: 11x12
  • Other Rm1 Comments: Bedroom
  • Other Rm1 Level: B
  • Other Rm2 Approx Size: 8x8
  • Other Rm2 Comments: Office
  • Other Rm2 Level: B
  • Personal Property: Dishwasher, Garbage Disposal, Refrigerator, Gas Range Oven
  • Special Assessment: $24/Yr
  • Sq Ft Above Grade: 1254
  • Style: Ranch
  • Systems: Breaker
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Basement: Yes
  • Fireplace Type: One, Gas Log, In Living Room
  • Estimated Sq Ft: 2500 - 2999
  • Estimated Total Sq Ft: 2508
  • Bedroom 2 Comments: Hardwood Floors
  • Bedroom 2 Level: M
  • Bedroom 3 Comments: Hardwood Floors
  • Bedroom 3 Level: M
  • Bedroom 4 Level: B
  • Interior: Carpet, Wood Floors, Vinyl Flooring, Ceiling Fan(s), Garage Door Opener
  • Kitchen Level: M
  • Number Of Bedrooms: 5
  • Number Of Fireplaces: 1
  • Total Sq Ft: 2304

Exterior Features

  • Construction: Frame
  • Landscaping: Fence Wood
  • Exterior: Paved Street, Shed
  • Patio Deck: Open Patio
  • Roof: Composition
  • Siding: Masonite Siding

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 20x20
  • Garage: Two Car
  • Garage Spaces: 2 Stalls
  • Garage Type: Detached

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. Wall Unit
  • Heating: Natural Gas, Forced Air
  • Utilities Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

  • School District: Spearfish

Lot Info

  • Acreage: Less than 0.5
  • Number Of Acres: 0.2

Tax Info

  • RE Taxes: $2,405.76
  • Re Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 10, 2014
Sold by
Schafer Bradd E and Schafer Jada F
Bought by
Christensen Paul K and Christensen Antoinette M
Seller's Agent
Beth Mathis
The Real Estate Center of Spearfish
Buyer's Agent
Ryan Wordeman
The Real Estate Center of Spearfish
List Price
$213,900
Sold Price
$209,000
Premium/Discount to List
-$4,900
-2.29%
Current Estimated Value
$453,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,331
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Jul 14, 2012
Closed on
Dec 18, 2012
Sold by
Cortez Frank and Cortez Nicki
Bought by
Schafer Bradd E and Schafer Jada F
Seller's Agent
Ryan Wordeman
The Real Estate Center of Spearfish
Buyer's Agent
Beth Mathis
The Real Estate Center of Spearfish
List Price
$198,900
Sold Price
$195,000
Premium/Discount to List
-$3,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$185,250
Outstanding Balance
$128,167
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$325,164
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
Christensen Paul K -- --
Schafer Bradd E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Bradd E $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2014 09/19/14 Sold $209,000 -2.3% $91 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $213,900 +9.7% $93 / Sq Ft
12/17/2012 12/17/12 Sold $195,000 -2.0% $85 / Sq Ft View Prior Sale
08/27/2012 08/27/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $198,900 -- $86 / 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 $3,582 $336,400 $85,500 $250,900
2024 $3,522 $320,570 $63,000 $257,570
2023 $3,495 $290,240 $54,000 $236,240
2022 $3,189 $245,000 $49,500 $195,500
2021 $2,869 $245,000 $0 $0
2019 $2,722 $203,680 $40,500 $163,180
2018 $2,652 $201,100 $0 $0
2017 $2,643 $195,560 $0 $0
2016 $2,579 $191,060 $0 $0
2015 $2,603 $184,090 $0 $0
2014 $2,537 $164,140 $0 $0
2013 -- $156,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 45782

Mount Rushmore Area Association of REALTORS®

APN: 32570-04000-020-20