NOT LISTED FOR SALE

Estimated Value: $238,000 - $261,685

3 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: August 29, 2018

Last sale price $155,000

Est. 58% increase in value since last sale

Current estimated payment $1,605 / mo

62 Days on Market

Highlights

  • Public Water Access
  • Separate Formal Living Room
  • 1-Story Property
  • City View
  • Interior Lot
  • Forced Air Heating System

About This Home

As of August 2018

Looking for an investment or live in one, rent the other. Either way this home has all the essential updates, electric, kitchens, baths and flooring. Ready to move in. Includes a huge 24x28 garage with concrete floor and auto openers. Share with tenants, rent with units or separate. Coin operated clothes washer and dryer located in common area, included. As well as new refrigerator and stove in your brand new main floor kitchen. Located just steps for downtown Rapid City. A turn key income producing property for the investor that knows a good deal when he/she sees one. Listed by Jim Whittaker RE/MAX Advantage 605-858-0775.

Last Agent to Sell the Property

JIM WHITTAKER

INACTIVE OFFICE Listed on: 02/07/2018

Last Buyer's Agent

Datona Rounsley

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1951

Lot Details

  • Private Entrance
  • Interior Lot

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Separate Formal Living Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Outdoor Features

  • Public Water Access

Utilities

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

Community Details

Overview

  • 2 Units
  • Flormann Subdivision

Building Details

  • Insurance Expense $1,012
  • Maintenance Expense $200
  • Trash Expense $240
  • Water Sewer Expense $720
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,161

Year Built

Built in 1951

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down, 1 Story
  • Lvt Date: 02/10/2018
  • View: City
  • Year Built: 1951
  • Safety Features: Smoke Detectors
  • Includes: Refrigerator, Range/Oven, Washer, Dryer, Microwave
  • Miscellaneous: Separate Meters, Central Water Heater
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

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

Exterior Features

  • Construction: Hardboard, Wood
  • Foundation: Basement, Concrete Block
  • Roof: Composition

Garage/Parking

  • Parking: Garage

Utilities

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

Fee Information

  • Insurance Expense: 1012
  • Maintenance Expense: 200
  • Total Expenses: 2172
  • Trash Expense: 240
  • Water Sewer Expenses: 720

Lot Info

  • Lot Size: .16
  • Lot Type: Interior
  • Zoning: Non-conforming

Rental Info

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

Tax Info

  • Year: 2017
  • Taxes: 2160.74

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 5 - 10%
  • Unit Features: Formal Living Room, Kit/DR Combo

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Aug 2, 2018
Bought by
Seller's Agent
JIM WHITTAKER
INACTIVE OFFICE
Buyer's Agent
Datona Rounsley
INACTIVE OFFICE
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$245,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,421
Avg. Annual Appreciation
5.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase 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 Buyer Sale Price Title Company
$155,000 --
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
08/29/2018 08/29/18 Sold $155,000 0.0% --
07/10/2018 07/10/18 Off Market $155,000 -- --
02/07/2018 02/07/18 For Sale $165,000 -- --
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 $3,214 $241,800 $53,800 $188,000
2024 $3,290 $240,400 $48,900 $191,500
2023 $3,049 $215,200 $42,600 $172,600
2022 $2,897 $190,800 $37,000 $153,800
2021 $2,431 $145,800 $37,000 $108,800
2020 $2,011 $143,700 $37,000 $106,700
2019 $2,156 $140,800 $32,000 $108,800
2018 $2,182 $123,000 $32,000 $91,000
2017 $2,153 $127,700 $32,000 $95,700
2016 $2,293 $118,700 $32,000 $86,700
2015 $2,293 $120,400 $32,000 $88,400
2014 $2,280 $116,500 $32,000 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 137603

Black Hills Association of REALTORS®

APN: 0023359

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