NOT LISTED FOR SALE

Estimated Value: $164,464

Studio
-- Bath
2,600 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2022

Last sale price $142,000 $55 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,057 / mo

285 Days on Market

About This Home

As of January 2022

Are you looking for a stable investment opportunity? This Four-Plex located in Tripp, South Dakota is just that. Listed at $145,000 this property is a turn key rental business with 100% occupancy. The building was constructed in 1997 and was remodeled in 2014. The four rental units each rent out for $350/month, which includes utilities. There is a coin operated washer and dryer unit in the commons area which is open to the tenants. This property also includes a small 1 acre hay field which is farmed by the neighbor. Small town housing is a demand in this community and many other nearby towns.

Last Agent to Sell the Property

Mitch Breen

Juffer Real Estate Listed on: 10/15/2020

Last Buyer's Agent

Megan Hiltunen

The Move Group License #NULL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1997

Lot Details

  • 1.22 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,767

Year Built

Built in 1997

Lot Details

1.22 Acres

Listing Details

  • Class: MULTIFAMILY
  • Style: 1 Story or Ranch
  • Legal Description: Lot A Outlot 29 & Lot A Outlot 31 Except S75' W136' (48) Original Outlots 29-31 Subdivision City of Tripp, South Dakota
  • Price Per Sq Ft: 54.62
  • Region: West of Highway 81 SD
  • Year Built: 1997
  • Electric Provider: Unknown
  • Internet T V Phone Provide: Unknown
  • Natural Gas Provider: Unknown
  • Propane Provider: Unknown
  • Video Recording Device: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Sq Ft Fin Apx Main: 2600
  • Sq Ft Fin Apx Total: 2600

Exterior Features

  • Exterior: Wood
  • Flood: Verified
  • Roof: Asphalt Shingles

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window Unit
  • Fuel: Electric
  • Heating: Baseboard
  • Sewer: City
  • Water Heater: Electric
  • Water Provider: Unknown

Lot Info

  • Estimated Acres: 1.22
  • Parcel No: 270.48.29.A29
  • Geo Subdivision: SD
  • Lot Size Sf: 53143
  • Zoning: Business/Commercial

Tax Info

  • Estimated Taxes: 1767
  • Tax Year: 2020

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Deffenbaugh Brad and Deffenbaugh Mike
Bought by
Waters Properties Llc
Current Estimated Value
$164,464
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Waters Properties Llc $142,000 --
Waters Properties Llc $142,000 --
Waters Properties Llc $142,000 --
Waters Properties Llc $142,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed Waters Properties Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $142,000 -2.1% $55 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
10/15/2020 10/15/20 For Sale $145,000 -- $56 / Sq Ft
Source: Meridian Association of REALTORS®

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 $2,150 $93,480 $6,130 $87,350
2024 $2,439 $84,580 $6,130 $78,450
2023 -- $71,960 $6,130 $65,830
2022 -- $57,930 $3,070 $54,860
2021 -- $50,010 $3,070 $46,940
Source: Public Records

Agents Affiliated with this Home

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Source: Meridian Association of REALTORS®

MLS Number: 114634

Meridian Association of REALTORS®

APN: 270.48.29.A29

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