NOT LISTED FOR SALE

313 E Watertown St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $208,000 - $644,000

10 Beds
2 Baths
5,304 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2014

Last sale price $306,000 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,493 / mo

54 Days on Market

Highlights

  • Public Water Access
  • Forced Air Heating System
  • Private Entrance
  • City View

About This Home

As of September 2014

The property is 4 Duplexes on 4 individual lots. 313 has 2- 1 Bedroom units. 315 has 2- 1 Bedroom units. 317 has 2- 1 Bedroom units. 319 has 2- 2 Bedroom units. All units has separate Gas and Electric meters. Each building has had shingles replaced within the past 8 years. Owner, Jim Biers, is a real estate broker.

Last Agent to Sell the Property

Jim Biers

JIM L. BIERS REAL ESTATE Listed on: 04/24/2014

Last Buyer's Agent

Larry Petters

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1947

Lot Details

  • 5,227

Home Design

  • Side-by-Side
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,304 Sq Ft Home
  • City Views
  • Crawl Space
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

Overview

  • 8 Units
  • Schnasse Subdivision

Building Details

  • Electric Expense $100
  • Fuel Expense $100
  • Insurance Expense $4,220
  • Trash Expense $3,090
  • Water Sewer Expense $2,110
  • Gross Income $46,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 1947

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Style: Side/Side
  • View: City
  • Year Built: 1947
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 5304
  • Total Sq Ft: 5304

Exterior Features

  • Construction: Stucco
  • Foundation: Crawl Space
  • Roof: Composition

Utilities

  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 4,220
  • Electricity Expense: 100
  • Gas Expense: 100
  • Trash Expense: 3,090
  • Water Sewer Expenses: 2,110

Lot Info

  • Lot Size: .48 ACRE
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2013
  • Taxes: 3,730

Multi Family

  • Number Of Units: 8
  • Vacancy Rate: 0 - 5%
  • Unit Features: Kit/DR Combo, Inside Utility Room

Range of Values:

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Value Increase
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Percent Increase
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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

Property 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 Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $306,000 -4.4% $58 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $320,000 -- $60 / Sq Ft
Source: Black Hills Association of REALTORS®

Tax 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.

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 $1,830 $136,500 $30,100 $106,400
2024 $1,691 $123,200 $30,100 $93,100
2023 $1,914 $134,900 $23,500 $111,400
2022 $1,698 $111,800 $21,300 $90,500
2021 $1,077 $64,200 $22,800 $41,400
2020 $1,083 $62,500 $22,800 $39,700
2019 $1,062 $61,100 $22,800 $38,300
2018 $1,012 $60,300 $22,800 $37,500
2017 $1,104 $58,900 $22,800 $36,100
2016 $1,263 $60,600 $22,800 $37,800
2015 $1,263 $66,100 $26,000 $40,100
2014 $902 $45,700 $26,000 $19,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Biers

    Seller's Agent in 2014

    Jim Biers

    JIM L. BIERS REAL ESTATE

    (605) 342-8387

    1 in this area

    12 Total Sales

    Jim Biers
    Section Image

  • L

    Buyer's Agent in 2014

    Larry Petters

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 117804

Black Hills Association of REALTORS®

APN: 0031015

South Dakota Pennington County Rapid City 57701 North Rapid City

313 E Watertown St, Rapid City, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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