NOT LISTED FOR SALE

318 Prospect St Vermillion, SD 57069

Estimated Value: $87,000 - $150,000

2 Beds
1 Bath
876 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $58,500 $67 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $708/month

14 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Level Lot
  • Living Room

About This Home

As of November 2020

Great investment opportunity! Close to USD campus and downtown Vermillion. This 2 bedroom, 1 bath is move-in ready. Great living room space with enough room for a kitchen table or office area. Metal roof and cute front porch. Being sold "as is"

Last Agent to Sell the Property

Tonya Madsen

Dakota Realty Listed on: 09/22/2020

Last Buyer's Agent

Kelly McKelvey

Premier Real Estate and Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1889

Lot Details

  • 6,600 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 876 Sq Ft Home
  • Living Room
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 15720-05700-030-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$376

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Property Features: Level Lot
  • Legal Description: Lot 3 Blk 57 SNYDERS
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Refrigerator, stove and all attached fixtrues
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Main Level Rooms: Bedroom, Full Bath, Kitchen, Laundry, Living
  • Total Sq Ft: 876
  • Main Level Sq Ft: 876
  • Sq Ft Above Grade: 876

Exterior Features

  • Exterior: Wood Lap
  • Roof: Metal

Garage/Parking

  • Driveway: Gravel

Utilities

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

Lot Info

  • Acres: 0.15
  • Lot Sq Ft: 6,600
  • Parcel Number: 15720-05700-030-00

Tax Info

  • Gross Taxes: 376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 6, 2020
Sold by
Gap Rentals Llc
Bought by
Munce Jeffrey Scott and Munce Tracy Lynn
Seller's Agent
Tonya Madsen
Dakota Realty
Buyer's Agent
Kelly McKelvey
Premier Real Estate and Property Management
List Price
$62,500
Sold Price
$58,500
Premium/Discount to List
-$4,000
-6.4%
Current Estimated Value
$113,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,411
Avg. Annual Appreciation
13.70%
Original Mortgage
$46,800
Outstanding Balance
$41,720
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$72,191
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
Munce Jeffrey Scott $58,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munce Jeffrey Scott $46,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $58,500 -6.4% $67 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $62,500 +15.7% $71 / Sq Ft
04/30/2018 04/30/18 Sold $54,000 -10.0% $62 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $60,000 -7.7% $68 / Sq Ft
02/20/2018 02/20/18 Price Changed $65,000 -5.8% $74 / Sq Ft
02/05/2018 02/05/18 Price Changed $69,000 -0.7% $79 / Sq Ft
11/03/2017 11/03/17 For Sale $69,500 -- $79 / 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
2025 $1,343 $65,987 $13,332 $52,655
2024 $1,343 $60,684 $12,738 $47,946
2023 $1,359 $53,982 $11,022 $42,960
2022 $968 $40,502 $10,032 $30,470
2021 $474 $38,437 $9,570 $28,867
2020 $376 $20,444 $9,570 $10,874
2019 $463 $19,909 $9,570 $10,339
2018 $366 $19,154 $9,570 $9,584
2017 $374 $18,774 $9,570 $9,204
2016 -- $18,444 $9,240 $9,204
2015 -- $17,659 $8,910 $8,749
2011 -- $16,514 $7,920 $8,594
Source: Public Records

Agents Affiliated with this Home

  • Tonya Madsen

    Seller's Agent in 2020

    Tonya Madsen

    Dakota Realty

    (605) 675-9182

    8 in this area

    128 Total Sales

    Tonya Madsen
    Section Image
  • Kelly McKelvey

    Buyer's Agent in 2020

    Kelly McKelvey

    Premier Real Estate and Property Management

    (605) 670-2795

    50 in this area

    70 Total Sales

    Kelly McKelvey
    Section Image
  • Hazen Bye

    Seller's Agent in 2018

    Hazen Bye

    Dakota Realty

    (605) 670-0422

    35 in this area

    42 Total Sales

    Hazen Bye
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 810846

Northwest Iowa Regional Board of REALTORS®

APN: 15720-05700-030-00

South Dakota Clay County Vermillion 57069

318 Prospect St, Vermillion, SD

Not Listed for Sale

Detached

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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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