Seller's Agent in 2024
Tashi Braun
RE/MAX
(605) 641-3342
15 in this area
46 Total Sales
301 N 5th St Spearfish, SD 57783
Estimated Value: $445,768 - $513,000
--
Bed
4
Baths
2,025
Sq Ft
$236/Sq Ft
Est. Value
Highlights
- Storage
- Baseboard Heating
- Private Entrance
- Shed
About This Home
As of December 2024Turn Key Investment Property on a corner lot in beautiful Spearfish South Dakota! This well maintained Tri-Plex is located right off of Main Street in a quiet neighborhood and is within walking distance to all Spearfish has to offer. Unit # 1 is a 4 bedroom, 2 bath unit that offers a washer/dryer, dishwasher as well as refrigerator and range/oven. Unit # 2 is a 1 bedroom, 1 bath unit that comes equipped with a washer, dryer, refrigerator and range/oven. Unit # 3 is a 2 bedroom, 1 bath basement unit that that comes equipped with a refrigerator dishwasher and range/oven. This unit has the option for a washer/dryer with hook ups available. This tri-plex has updated electrical throughout. There is a two car garage on the property that could be rented with one of the units or used as storage. There are also two large sheds on the property that allow tenants extra storage if needed. This type of investment opportunity doesn't come along often! If it's your first time buying a rental property or you are a seasoned pro, this property is turn key and waiting for you!
Last Agent to Sell the Property
RE/MAX In The Hills License #16797 Listed on: 10/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,924
Lot Details
- 6,970 Sq Ft Lot
- Private Entrance
Home Design
- Triplex
- Frame Construction
- Composition Roof
Interior Spaces
- 2,025 Sq Ft Home
- 2-Story Property
- Storage
Kitchen
- Gas Oven or Range
- Dishwasher
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- On-Street Parking
Outdoor Features
- Shed
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 220 Volts
Listing and Financial Details
- Tenant pays for gas/electric
- The owner pays for water/sewer, real estate taxes, insurance
Community Details
Overview
- 2,700 Sq Ft Building
Pet Policy
- Pets Allowed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $475,000 | -7.8% | $235 / Sq Ft |
| 10/04/2024 10/04/24 | For Sale | $515,000 | -- | $254 / Sq Ft |
Source: Mount Rushmore Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $4,025 | $293,040 | $70,000 | $223,040 |
| 2024 | $3,925 | $282,620 | $52,500 | $230,120 |
| 2023 | $3,924 | $255,310 | $45,500 | $209,810 |
| 2022 | $3,370 | $204,150 | $42,000 | $162,150 |
| 2021 | $3,239 | $204,150 | $0 | $0 |
| 2019 | $2,886 | $185,930 | $31,500 | $154,430 |
| 2018 | $2,799 | $175,130 | $0 | $0 |
| 2017 | $2,819 | $165,550 | $0 | $0 |
| 2016 | $2,751 | $162,050 | $0 | $0 |
| 2015 | $2,791 | $155,830 | $0 | $0 |
| 2014 | $2,718 | $135,290 | $0 | $0 |
| 2013 | -- | $132,230 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tashi Braun
-
Michael Warwick
Buyer's Agent in 2024
Michael Warwick
Great Peaks Realty
(605) 641-2569
125 in this area
582 Total Sales
Map
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 81982
APN: 32090-06500-060-00
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