2509 S Lancaster Dr Sioux Falls, SD 57106
Northwest Sioux Falls NeighborhoodEstimated Value: $320,000 - $344,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                1,704
                Sq Ft
            
            
                
                    $193/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2509 S Lancaster Dr, Sioux Falls, SD 57106 and is currently estimated at $328,250, approximately $192 per square foot. 2509 S Lancaster Dr is a home located in Minnehaha County with nearby schools including Tea Area Legacy Elementary School, Tea Area Middle School, and Tea Area High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 14, 2020
            
        
                Sold by
            
            
                Mcmahon James Anthony and Mcmahon Ashley
            
        
                Bought by
            
            
                Morales Lester
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $230,644
            
        
                Outstanding Balance
            
            
                $204,597
            
        
                Interest Rate
            
            
                3%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $123,653
            
        Purchase Details
                Closed on
            
            
                Aug 15, 2014
            
        
                Sold by
            
            
                Aaron J Aaron J and Fagerness Mandy R
            
        
                Bought by
            
            
                Mcmahon James Anthony
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $150,100
            
        
                Interest Rate
            
            
                4.11%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Nov 1, 2011
            
        
                Sold by
            
            
                Equity Homes Inc
            
        
                Bought by
            
            
                Fagerness Aaron J and Fagerness Mandy R
            
        Purchase Details
                Closed on
            
            
                Aug 18, 2011
            
        
                Sold by
            
            
                Westwood Valley Westwood Valley L and Westwood Valley L
            
        
                Bought by
            
            
                Equity Homes Inc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Morales Lester | $235,000 | None Available | |
| Mcmahon James Anthony | $158,000 | -- | |
| Fagerness Aaron J | -- | -- | |
| Equity Homes Inc | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Morales Lester | $230,644 | |
| Previous Owner | Mcmahon James Anthony | $150,100 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | 
|---|---|---|---|---|
| 2024 | $3,998 | $259,000 | $31,900 | $227,100 | 
| 2023 | $4,142 | $253,000 | $23,500 | $229,500 | 
| 2022 | $3,768 | $218,100 | $23,500 | $194,600 | 
| 2021 | $3,216 | $195,200 | $0 | $0 | 
| 2020 | $3,216 | $178,700 | $0 | $0 | 
| 2019 | $3,027 | $166,652 | $0 | $0 | 
| 2018 | $2,882 | $164,475 | $0 | $0 | 
| 2017 | $2,679 | $153,627 | $23,194 | $130,433 | 
| 2016 | $2,679 | $146,822 | $23,194 | $123,628 | 
| 2015 | $2,744 | $138,882 | $23,194 | $115,688 | 
| 2014 | -- | $140,017 | $23,194 | $116,823 | 
                Source: Public Records
                    
            
        Map
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