NOT LISTED FOR SALE

314 E Main St Vermillion, SD 57069

Estimated Value: $256,000 - $276,699

4 Beds
2.5 Baths
2,451 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $177,000 $72 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,809/month

11 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Living Room
  • Wood Flooring
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of January 2021

FANTASTIC INVESTMENT PROPERTY! 1971 4 bed 2.5 bath ranch home close to downtown and campus. Many, many updates since 2013 including: landscaping, gutters, roof, 3 exterior doors replaced, parking pad and sidewalk added, exterior repainted, basement remodeled, furnace replaced, lighting updated, new furnace installed. Leased until May 31 2021. $1500 monthly includes lawn care and trash removal.

Last Agent to Sell the Property

Kelly McKelvey

Premier Real Estate and Property Management Listed on: 10/02/2020

Last Buyer's Agent

Jana Bye

Dakota Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot
  • Landscaped

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Hardboard

Interior Spaces

  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Finished Basement

  • Bedroom in Basement
  • Finished Basement Bathroom

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 15050-06200-030-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Property Features: Landscaping
  • Legal Description: W 40' OF LOT 2 & ALL LOT 3 BLK 62 BIGELOWS ADDN. City of Vermillion, County of Clay, South Dakota
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Stove, fridge, dishwasher, garage fridge, blinds, misc. furniture in the store room, window treatments (not belonging to the current tenants)
  • Total Bedrooms: 4
  • Total Bathrooms: 2.5
  • Basement: Finished
  • Basement Rooms: Bedroom, Family, Full Bath
  • Main Level Rooms: Bedroom, Dining, Full Bath, Kitchen, Living
  • Total Sq Ft: 2451
  • Main Level Sq Ft: 1532
  • Sq Ft Above Grade: 1532
  • Sq Ft Below Grade Finishe: 919
  • Sq Ft Below Grade Total: 1532
  • Sq Ft Below Grade Unfinis: 613
  • Price Per Sq Ft: 115.54

Exterior Features

  • Exterior: Hardboard
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Driveway: Concrete
  • Garage Spaces: 1
  • Sq Ft Garage: 352

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: Garage Door Opener, Hardwood Floors, Main Floor Laundry, Master Bath, Porch

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.3
  • Lot Sq Ft: 13230
  • Parcel Number: 15050-06200-030-00

Tax Info

  • Gross Taxes: 3708

Multi Family

  • Rental Income: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 4, 2021
Sold by
Davis Thomas A
Bought by
Tomhave Dennis and Tomhave Jolane
Seller's Agent
Kelly McKelvey
Premier Real Estate and Property Management
Buyer's Agent
Jana Bye
Dakota Realty
List Price
$179,000
Sold Price
$177,000
Premium/Discount to List
-$2,000
-1.12%
Current Estimated Value
$264,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,675
Avg. Annual Appreciation
8.27%
Original Mortgage
$132,000
Outstanding Balance
$119,132
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$137,161

Purchase Details

Closed on
Jul 31, 2006
Sold by
Reedy John J and Reedy Donna
Bought by
Hofer Jared J and Hofer Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tomhave Dennis $177,000 None Available
Hofer Jared J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomhave Dennis $132,000
Previous Owner Hofer Jared J $39,000
Previous Owner Hofer Jared J $105,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $177,000 -1.1% $72 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $179,000 +32.6% $73 / Sq Ft
03/21/2013 03/21/13 Sold $135,000 -6.9% $55 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $145,000 -- $59 / Sq Ft
Source: Northwest Iowa Regional Board 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
2024 $4,540 $244,935 $25,534 $219,401
2023 $4,418 $210,514 $22,094 $188,420
2022 $4,142 $194,745 $20,110 $174,635
2021 $3,877 $166,647 $19,184 $147,463
2020 $3,708 $173,451 $19,184 $154,267
2019 $3,684 $166,204 $19,184 $147,020
2018 $3,574 $157,763 $19,184 $138,579
2017 $3,527 $153,433 $19,184 $134,249
2016 -- $143,891 $18,522 $125,369
2015 -- $137,102 $17,861 $119,241
2011 -- $137,042 $15,876 $121,166
Source: Public Records

Agents Affiliated with this Home

  • Kelly McKelvey

    Seller's Agent in 2021

    Kelly McKelvey

    Premier Real Estate and Property Management

    (605) 670-2795

    72 Total Sales

    Kelly McKelvey
    Section Image

  • J

    Buyer's Agent in 2021

    Jana Bye

    Dakota Realty

    (605) 202-0637

    102 Total Sales

    Jana Bye
    Section Image

  • P

    Seller's Agent in 2013

    Pamela Jacobsen

    Premier Real Estate and Property Management

    (605) 202-0185

    21 Total Sales

    Pamela Jacobsen
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 810964

Northwest Iowa Regional Board of REALTORS®

APN: 15050-06200-030-00

South Dakota Clay County Vermillion 57069

314 E Main St, Vermillion, SD

This home is located at 314 E Main St, Vermillion, SD 57069 since 02 October 2020 and is currently estimated at $264,675, approximately $107 per square foot. This property was built in 1971. 314 E Main St is a home located in Clay County with nearby schools including Austin Elementary School, Jolley Elementary School, and Vermillion Middle School.

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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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