NOT LISTED FOR SALE

3961 Alder Place Sturgis, SD 57785

Estimated Value: $607,000 - $707,000

3 Beds
2 Baths
1,910 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

Last sale price $385,000 $202 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,757 / mo

65 Days on Market

Highlights

  • 1.01 Acre Lot
  • Main Floor Primary Bedroom
  • En-Suite Primary Bedroom
  • Deck
  • 1 Fireplace
  • Refrigerated and Evaporative Cooling System

About This Home

As of July 2019

Waterwheel Lodge near Sturgis is the perfect location to call home while touring the Black Hills of South Dakota. The adjacent working water wheel, pond with picnic area and cedar bridge offer a picturesque setting for this beautiful custom log home. This log cabin is located off a dead end frontage road with minimal traffic on an oiled gravel service road one mile from Sturgis offering easy access to I-90. Waterwheel Retreat has a queen bed in each bedroom with a queen sofa sleeper in the loft. The spacious bedrooms allow the use of the three queen air beds if needed.

Last Agent to Sell the Property

Amber Ranek-Galbraith

Black Hills Premier Vacation Homes License #15049 Listed on: 04/03/2019

Last Buyer's Agent

Jeffery Christians

Real Broker Spearfish License #15604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 2005

Lot Details

  • 1.01 Acre Lot

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Cove
  • Deck

Utilities

  • Refrigerated and Evaporative Cooling System
  • Shared Well
  • Electric Water Heater
  • On Site Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,045

Year Built

Built in 2005

Lot Details

1.01 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 1910
  • Estimated Size Bedroom 2: 13x16
  • Estimated Size Bedroom 3: 13x16
  • Deck: Yes
  • Dining Room Comments: Open with Kitchen
  • Dining Rm Level: M
  • Full Three Quarter Bathrooms: 2
  • Estimated Kitchen Size: 22x11
  • Estimated Living Room Size: 11x22
  • Living Rm Comments: Open concept
  • Living Rm Level: M
  • Estimated Primary Bedroom Size: 14x17
  • Master Bedrm Level: M
  • Primary Bedroom Bath: Yes
  • Other Rm1 Approx Size: 15x18
  • Other Rm1 Comments: Open Loft
  • Other Rm1 Level: U
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Microwave, Washer, Dryer, Free Standing Hot Tub, Window Coverings(All)
  • Sq Ft Above Grade: 1910
  • Style: Two Level
  • Upper Level Number of Bedrooms: 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Fireplace
  • Estimated Sq Ft: 1500 - 1999
  • Estimated Total Sq Ft: 1910
  • Bedroom 2 Level: U
  • Bedroom 3 Level: U
  • Kitchen Comments: Open with Dining
  • Kitchen Level: M
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 3
  • Number Of Fireplaces: 1
  • Total Sq Ft: 1910

Exterior Features

  • Construction: Log
  • Roof: Metal
  • Siding: Log Siding

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. Wall Unit
  • Heating: Cove
  • Utilities Sewer: Septic
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • School District: Meade

Lot Info

  • Acreage: .5 - 1
  • Flood Plain: Unknown
  • Number Of Acres: 1.01

Tax Info

  • RE Taxes: 3045.00
  • Re Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jul 29, 2019
Sold by
Baldwin Judy
Bought by
Kasdagly Michael G
Seller's Agent
Amber Ranek-Galbraith
Black Hills Premier Vacation Homes
Buyer's Agent
Jeffery Christians
Real Broker Spearfish
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$637,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,628
Avg. Annual Appreciation
7.76%
Original Mortgage
$308,000
Outstanding Balance
$267,988
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$369,640
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

Date Buyer Sale Price Title Company
Kasdagly Michael G $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasdagly Michael G $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $385,000 -2.5% $202 / Sq Ft
04/03/2019 04/03/19 For Sale $395,000 -- $207 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

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 $4,799 $488,118 $70,050 $418,068
2024 $4,723 $488,118 $70,050 $418,068
2023 $4,956 $488,118 $70,050 $418,068
2022 $4,353 $406,087 $42,550 $363,537
2021 $3,790 $358,669 $42,550 $316,119
2020 $3,251 $324,799 $42,550 $282,249
2019 $3,045 $216,720 $42,550 $174,170
2018 $2,768 $204,170 $30,000 $174,170
2017 $2,890 $185,509 $30,000 $155,509
2016 $2,890 $185,509 $0 $0
2015 $3,202 $185,509 $30,000 $155,509
2013 -- $185,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Ranek-Galbraith

    Seller's Agent in 2019

    Amber Ranek-Galbraith

    Black Hills Premier Vacation Homes

    (605) 759-0332

    7 Total Sales

    Amber Ranek-Galbraith
    Section Image
  • Jeffery Christians

    Buyer's Agent in 2019

    Jeffery Christians

    Real Broker Spearfish

    (605) 349-2279

    88 in this area

    520 Total Sales

    Jeffery Christians
    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 60924

Mount Rushmore Area Association of REALTORS®

APN: 11.50.HB2

South Dakota Meade County Sturgis 57785

3961 Alder Place, Sturgis, SD

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Mount Rushmore Area 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.

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