NOT LISTED FOR SALE

24890 Sylvan Lake Rd Custer, SD 57730

Estimated Value: $800,000 - $1,161,000

4 Beds
3.5 Baths
3,044 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $240,000 $79 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $5,485/month

27 Days on Market

Highlights

  • Barn
  • Near a National Forest
  • Multiple Fireplaces
  • Horses Allowed On Property
  • Deck
  • Creek On Lot

About This Home

As of December 2013

Gorgeous Custer home that borders USFS land! 10 acres for your horses to enjoy along with a 4800 pole barn and office. Watch the ducks land on your pond from the large deck. Home needs work and has been unoccupied for 3 years. Buyer will need to drill a well or install a cistern.

Last Agent to Sell the Property

Brittany Thompson

Black Hills Real Estate License #15213 Listed on: 06/21/2013

Last Buyer's Agent

Brittany Thompson

Black Hills Real Estate License #15213 Listed on: 06/21/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1980

Lot Details

  • 9.2 Acre Lot
  • Wood Fence
  • Partially Wooded Lot
  • Landscaped with Trees
  • Lawn
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,044 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Mud Room
  • Basement
  • Laundry in Basement
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Creek On Lot
  • Spring on Lot
  • Cove
  • Balcony
  • Deck
  • Exterior Lighting
  • Outbuilding

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Radiant Ceiling
  • 220 Volts
  • Propane
  • Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Near a National Forest
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,900

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 3044
  • Basement Bathrooms: 1
  • Basement Laundry: y
  • Basement Bedrooms: 3
  • Basement Substructure: Full Basement, Completely Finished, Poured Concrete Fd.
  • Deck: Yes
  • Full Three Quarter Bathrooms: 3
  • Master Bedrm Comments: Huge Closet w/Built-ins
  • Master Bedrm Level: M
  • Other Rm1 Comments: Office
  • Other Rm1 Level: B
  • Personal Property: Garbage Disposal
  • Safety Features: Smoke Detectors, Fire Alarm
  • Sq Ft Above Grade: 3044
  • Style: Ranch
  • Systems: 220V Service, Breaker
  • Utilities Cable: Available
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: Propane Tank Leased
  • Warranty Program: As Is
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Yes
  • Fireplace Type: Two
  • Estimated Sq Ft: 2500 - 2999
  • Estimated Total Sq Ft: 3044
  • Bedroom 2 Comments: Full bath
  • Bedroom 2 Level: M
  • Bedroom 3 Level: B
  • Bedroom 4 Level: B
  • Interior: Carpet, Tile Floors, Laminate Flooring, Vaulted Ceiling(s), Walk-In Closets, Cable, Ceiling Fan(s), Intercom
  • Kitchen Level: M
  • Number Of Bedrooms: 4
  • Other Rooms: Mud Room
  • Total Sq Ft: 3044

Exterior Features

  • Construction: Frame
  • Landscaping: Fence Wood, Lawn, Rock, Trees, Garden Area, Outdoor Lighting
  • Exterior: Paved Street, Barn, Corral/Stable, Outbuildings, Horses Allowed
  • Patio Deck: Open Deck, Open Balcony
  • Roof: Composition
  • Siding: Wood Siding

Garage/Parking

  • Garage Type: Attached
  • Garage: Two Car

Utilities

  • Heating: Electric, Radiant Ceiling, Cove
  • Utilities Sewer: Septic
  • Water Heater: Gas

Schools

  • School District: Custer

Lot Info

  • Acreage: 5.1 - 10
  • Flood Plain: Unknown
  • Horses Allowed: Yes
  • Lot Description: Partially Wooded, Creek Side, Borders National Forest
  • Number Of Acres: 9.2
  • Surface Water: Creek/Stream, Ponds/Dams, Spring

Tax Info

  • RE Taxes: 4899.76
  • Re Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Dec 11, 2013
Sold by
Hanisch-Cameron Denise S and Hanisch Denise S
Bought by
Olson Bethany
Seller's Agent
Brittany Thompson
Black Hills Real Estate
Buyer's Agent
Brittany Thompson
Black Hills Real Estate
List Price
$370,000
Sold Price
$240,000
Premium/Discount to List
-$130,000
-35.14%
Current Estimated Value
$939,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,446
Avg. Annual Appreciation
11.96%
Original Mortgage
$192,000
Outstanding Balance
$142,310
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$797,137
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
Olson Bethany $240,000 Lawrence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Bethany $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $240,000 -35.1% $79 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $370,000 -- $122 / 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 $6,923 $901,342 $386,700 $514,642
2024 $7,680 $901,342 $386,700 $514,642
2023 $7,470 $840,041 $301,000 $539,041
2022 $5,848 $640,281 $211,000 $429,281
2021 $5,103 $479,746 $104,043 $375,703
2020 $4,853 $401,461 $92,233 $309,228
2019 $5,397 $0 $0 $0
2018 $3,540 $325,935 $89,233 $236,702
2017 $3,540 $284,650 $89,233 $195,417
2016 $3,240 $227,033 $85,233 $141,800
2015 $3,240 $256,561 $0 $256,561
2013 -- $302,711 $0 $302,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 42292

Mount Rushmore Area Association of REALTORS®

APN: 004352