NOT LISTED FOR SALE

2550 Meadow Dr Sturgis, SD 57785

Estimated Value: $385,000 - $462,000

2 Beds
2 Baths
1,226 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $224,000 $183 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,543/month

Highlights

  • Built in 2016 | Newly Remodeled
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Deck
  • Main Floor Primary Bedroom
  • Bathroom on Main Level

About This Home

As of October 2016

Entered for informational purposes only. New construction built in Dolan Creek Estates. Home had an unfinished basement.

Last Agent to Sell the Property

Bill Phillips

The Real Estate Center of Sturgis License #11397 Listed on: 09/02/2016

Last Buyer's Agent

Bill Phillips

The Real Estate Center of Sturgis License #11397 Listed on: 09/02/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 7,841

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Foyer
  • Frame Construction
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 1,226 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Type: New Construction
  • Estimated Total Finished Sq Ft: 1226
  • Basement Substructure: Full Basement, Unfinished, Poured Concrete Fd.
  • Estimated Size Bedroom 2: 10x12
  • Deck: Yes
  • Estimated Dining Room Size: 9x14
  • Dining Rm Level: M
  • Full Three Quarter Bathrooms: 2
  • Estimated Kitchen Size: 14x12
  • Estimated Living Room Size: 14x14
  • Living Rm Level: M
  • Lower Level Fin Sq Ft: o
  • Lower Level Laundry: Y
  • Lower Level Total Sq Ft: 1192
  • Lower Level: Yes
  • Main Level Bathrooms: 2
  • Main Level Laundry: y
  • Main Level Number Bedrooms: 2
  • Estimated Primary Bedroom Size: 13x13
  • Master Bedrm Level: M
  • Primary Bedroom Bath: Yes
  • Other Rm1 Approx Size: 5x7
  • Other Rm1 Level: M
  • Personal Property: Dishwasher, Garbage Disposal, Microwave
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 1226
  • Style: Split Foyer
  • Systems: 220V Service, Breaker, Plastic Plumbing
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Warranty Program: Builder Warranty
  • Year Built: 2016
  • Zoning Sturgis: General Res - SF
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2000 - 2499
  • Estimated Total Sq Ft: 2418
  • Bedroom 2 Level: M
  • Interior: Carpet, Vinyl Flooring, Vaulted Ceiling(s), Sump Pit, Ceiling Fan(s), Garage Door Opener
  • Kitchen Comments: Pantry
  • Kitchen Level: M
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 2
  • Total Sq Ft: 2418
  • Windows: Sliders

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Patio Deck: Open Deck
  • Roof: Composition
  • Siding: Manufactured Siding, Stone Veneer

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 24x36
  • Garage: Three Car
  • Garage Spaces: 3 Stalls
  • Garage Type: Attached

Utilities

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

Lot Info

  • Acreage: Less than 0.5
  • Number Of Acres: 0.18

Tax Info

  • Re Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 27, 2016
Sold by
Stecor Initiatives Llc
Bought by
Gerlich Travis J and Gerlich Sarah
Seller's Agent
Bill Phillips
The Real Estate Center of Sturgis
Buyer's Agent
Bill Phillips
The Real Estate Center of Sturgis
List Price
$224,000
Sold Price
$224,000
Current Estimated Value
$413,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,055
Avg. Annual Appreciation
6.89%
Original Mortgage
$212,800
Outstanding Balance
$169,460
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$243,595
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
Gerlich Travis J $224,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlich Travis J $212,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $224,000 0.0% $183 / Sq Ft
09/02/2016 09/02/16 For Sale $224,000 -- $183 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
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 $4,597 $361,409 $43,500 $317,909
2024 $4,597 $346,270 $43,500 $302,770
2023 $4,314 $313,830 $43,500 $270,330
2022 $3,556 $244,196 $36,250 $207,946
2021 $3,776 $234,294 $36,250 $198,044
2020 $3,711 $223,510 $36,250 $187,260
2019 $3,522 $214,593 $36,250 $178,343
2018 $3,608 $205,732 $36,250 $169,482
2017 $3,608 $205,732 $36,250 $169,482
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 52887

Mount Rushmore Area Association of REALTORS®

APN: 01.GG.01.09