NOT LISTED FOR SALE

3907 Minnekahta Dr Unit 2203 Elmhurst DR Rapid City, SD 57702

West Rapid City Neighborhood

Estimated Value: $345,955 - $369,000

7 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold August 14, 2018

Last sale price $175,000

Est. 104% increase in value since last sale

Current estimated payment $2,247/month

Highlights

  • Public Water Access
  • City View
  • Private Entrance

About This Home

As of August 2018

2 for the price of 1!! Great area and all 3 units used as rentals. Numbers support price. Live in one and rent out others or use all 3 as an investment. 2203 Elmhurst built in 1953 Buyer and buyers agent to verify all information. Square footage and legal description were obtained from DOE.

Last Agent to Sell the Property

MARI ANN CARVER

INACTIVE OFFICE Listed on: 07/10/2018

INACTIVE OFFICE

Last Buyer's Agent

Ronald Weifenbach

THE REAL ESTATE GROUP, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1947

Lot Details

  • 0.32

Home Design

  • Composition Roof
  • Hardboard

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Public Water Access
  • Private Entrance
  • Basement

Community Details

  • 3 Units
  • Schamber Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Lvt Date: 07/10/2018
  • View: City
  • Year Built: 1947
  • Includes: Refrigerator, Range/Oven
  • Miscellaneous: Individual Water Heaters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Hardboard
  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Street, Off Site

Utilities

  • Heating: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .32
  • Lot Type: Flat, Corner
  • Zoning: Unknown

Rental Info

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

Tax Info

  • Year: 2017
  • Taxes: 2365.86

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: Extra Storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Bought by
Midwest Brothers Investments L
Current Estimated Value
$356,739
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
Midwest Brothers Investments L $305,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $175,000 -2.7% --
07/24/2018 07/24/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $179,900 -- --
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 $4,557 $354,000 $61,800 $292,200
2024 $4,557 $332,000 $58,800 $273,200
2023 $4,486 $315,800 $56,000 $259,800
2022 $4,220 $277,900 $53,400 $224,500
2021 $4,064 $243,300 $53,400 $189,900
2020 $3,767 $220,500 $42,800 $177,700
2019 $2,500 $211,100 $42,800 $168,300
2018 $2,408 $174,600 $42,800 $131,800
2017 $2,490 $172,300 $42,800 $129,500
2016 $2,608 $170,000 $42,800 $127,200
2015 $2,608 $173,900 $42,800 $131,100
2014 $2,597 $169,700 $42,800 $126,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MARI ANN CARVER

    INACTIVE OFFICE

    Section Image
  • Ronald Weifenbach

    Buyer's Agent in 2018

    Ronald Weifenbach

    THE REAL ESTATE GROUP, INC.

    (605) 209-2418

    3 in this area

    32 Total Sales

    Ronald Weifenbach
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 139827

Black Hills Association of REALTORS®

APN: 0030847

South Dakota Pennington County Rapid City 57702 West Rapid City

3907 Minnekahta Dr Unit 2203 Elmhurst DR, Rapid City, SD

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