NOT LISTED FOR SALE

328 Flormann St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $222,000 - $239,000

2 Beds
1 Bath
848 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $80,000 $94 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,456/month

Highlights

  • City View
  • 1 Car Attached Garage
  • Patio
  • Ranch Style House
  • Bathtub with Shower
  • Forced Air Heating System

About This Home

As of July 2014

Good opportunity for the right buyer. 2 bedroom, 1 bath with lots of potential. Home needs some repairs but priced accordingly. Property is sold "AS-IS".

Last Agent to Sell the Property

Steve Asher

INACTIVE OFFICE Listed on: 04/28/2014

INACTIVE OFFICE

Last Buyer's Agent

Tony Marshall

CINC REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 848 Sq Ft Home
  • City Views
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • South Blvd Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Ranch
  • View: City
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Bedrooms: Two
  • Master Bedroom: Size: 15x9, On Level: M
  • Bedroom 2: On Level: M, Size: 12x12
  • Bathroom Description: Shower/Tub
  • Full Three Quarter Bathrooms: One
  • Dining Room: Kitchen
  • Kitchen: Size: 11x14, On Level: M
  • Living Room: Size: 16x12, On Level: M
  • Total Finished Sq Ft: 848
  • Main Floor Laundry: Yes
  • Total Square Foot: 848
  • Total Square Foot Keyword: 0-999

Exterior Features

  • Construction: Preowned/Resale
  • Construction: Frame, Hardboard
  • Fences: Chain Link
  • Driveway Exposure: North
  • Patio Deck1: Patio
  • Roofing: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 12x22
  • Garage Capacity: One Car

Utilities

  • Electric Services: Breaker
  • Flood Insurance: Unknown
  • Heating: Gas, Forced Air
  • Utilities: BHE-Electric, MDU- Gas, City Sewer, City Water

Lot Info

  • Acreage: Under .5 Acre
  • Lot Type: Flat
  • Number Of Acres: 0.19
  • Outbuildings: Lawn/Storage Shed

Tax Info

  • Year: 2013
  • Taxes: 1637.06

MLS Schools

  • School District: Rapid City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 5, 2014
Sold by
Not Provided
Bought by
Krebsbach Jason R and Krebsbach Robert J
Seller's Agent
Steve Asher
INACTIVE OFFICE
Buyer's Agent
Tony Marshall
CINC REALTY LLC
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Current Estimated Value
$233,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,164
Avg. Annual Appreciation
9.91%
Original Mortgage
$60,000
Outstanding Balance
$45,637
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$187,527

Purchase Details

Closed on
Oct 25, 2013
Sold by
Not Provided
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 28, 2012
Sold by
Lovald John S and Flynn Daniel Joseph
Bought by
Flynn Daniel Joseph and Flynn Kendrea Jene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krebsbach Jason R -- --
Federal Home Loan Mortgage Corp -- --
Flynn Daniel Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krebsbach Jason R $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2014 07/08/14 Sold $80,000 -5.8% $94 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $84,900 -- $100 / Sq Ft
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 $2,825 $204,900 $54,800 $150,100
2024 $2,825 $205,900 $49,900 $156,000
2023 $2,834 $199,600 $43,300 $156,300
2022 $2,668 $175,700 $37,700 $138,000
2021 $2,391 $143,100 $37,700 $105,400
2020 $2,276 $131,800 $37,700 $94,100
2019 $1,972 $117,600 $32,400 $85,200
2018 $1,588 $112,200 $32,400 $79,800
2017 $1,568 $92,400 $32,400 $60,000
2016 $1,665 $85,900 $32,400 $53,500
2015 $1,665 $86,900 $32,400 $54,500
2014 $1,661 $84,400 $32,400 $52,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Asher

    INACTIVE OFFICE

    Section Image
  • Tony Marshall

    Buyer's Agent in 2014

    Tony Marshall

    CINC REALTY LLC

    (605) 391-8669

    16 in this area

    82 Total Sales

    Tony Marshall
    Section Image
See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 117851

Black Hills Association of REALTORS®

APN: 0031769

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

328 Flormann 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.

Nearby Homes