NOT LISTED FOR SALE

3024 Tower Rd Rapid City, SD 57701

Colonial Pine Hills Neighborhood
2.2 Acres
-- Price per Acre
95,832 Sq Ft Lot

Last Sold September 27, 2013

Last sale price $431,244

743 Days on Market

Highlights

  • City View
  • 2.2 Acre Lot
  • Interior Lot

About This Lot

As of September 2013

Exceptional exposure overlooking the southern entrance to Rapid City. Perfectly positioned to capitalize on the area's commercial and residential activity, this building site is surrounded by upcoming private and municipal projects inlcuding a recently announced assisted-living center and Rapid City Regional Hospital Admin expansion.

Last Agent to Sell the Property

Kelly Howie

RE/MAX ADVANTAGE Listed on: 05/23/2011

RE/MAX ADVANTAGE

Last Buyer's Agent

Kelly Howie

RE/MAX ADVANTAGE Listed on: 05/23/2011

RE/MAX ADVANTAGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,626

Lot Details

  • 2.2 Acre Lot
  • Interior Lot
  • Level Lot
  • Property is zoned Planned Unit Development, Office Commercial

Property Views

  • City
  • Trees
  • Canyon

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$6,626

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Commercial
  • View: City, Trees, Canyon
  • Access: Public
  • Special Directions: From Mt. Rushmore Rd: East on Fairmont. First right onto Tower Rd. Cross bridge over Mt. Rushmore Rd. Property is on the left.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface: Blacktop

Utilities

  • Electricity: BHE Company
  • Gas: Gas to Lot
  • Sewer: City at Site
  • Water: City (at site)

Lot Info

  • Lot Size: 2.2
  • Number Of Acres: 2.2
  • Zoning: Planned Unit Development, Office Commercial
  • Land Description: Interior Lot
  • Mineral Rights: Unknown
  • Size Of Lot: 1-5 Acres
  • Topography: Level
  • Type Of Lot: Building Site, View Property, Flat, Interior

Tax Info

  • Year: 2012
  • Taxes: 6626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2011
Closed on
Sep 24, 2013
Bought by
Ctr Properties Inc
Seller's Agent
Kelly Howie
RE/MAX ADVANTAGE
Buyer's Agent
Kelly Howie
RE/MAX ADVANTAGE
List Price
$479,160
Sold Price
$431,244
Premium/Discount to List
-$47,916
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$218,759
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ctr Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ctr Properties Inc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $431,244 -10.0% --
06/04/2013 06/04/13 Pending -- -- --
05/23/2011 05/23/11 For Sale $479,160 -- --
Source: Black Hills 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 -- $6,445,100 $479,200 $5,965,900
2024 $69,717 $5,073,700 $479,200 $4,594,500
2023 $70,308 $4,944,900 $335,400 $4,609,500
2022 $74,499 $4,906,600 $335,400 $4,571,200
2021 $81,770 $4,902,700 $335,400 $4,567,300
2020 $83,980 $4,873,800 $335,400 $4,538,400
2019 $81,203 $4,672,900 $335,400 $4,337,500
2018 $80,070 $4,632,400 $335,400 $4,297,000
2017 $83,318 $4,689,700 $335,400 $4,354,300
2016 $87,275 $4,597,900 $335,400 $4,262,500
2015 $87,275 $4,586,300 $335,400 $4,250,900
2014 $6,542 $335,400 $335,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Howie

    Seller's Agent in 2013

    Kelly Howie

    RE/MAX

    (605) 209-0474

    14 in this area

    305 Total Sales

    Kelly Howie
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 113664

Black Hills Association of REALTORS®

APN: 0062990

South Dakota Pennington County Rapid City 57701 Colonial Pine Hills

3024 Tower Rd, Rapid City, SD

Not Listed for Sale

Lots

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