NOT LISTED FOR SALE

403 2nd St NE Watertown, SD 57201

Estimated Value: $72,000 - $186,000

4 Beds
3 Baths
1,597 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $90,000 $56 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $887/month

337 Days on Market

Highlights

  • 1 Car Attached Garage
  • Electric Baseboard Heater
  • Wood Siding

About This Home

As of January 2021

Great income property. This triplex has a great return. Apt 1 is a 2 bedroom 1 bath and rents for $500. Apt 2 is a 2 bedroom 1 bath and rents for $400 and apt 3 is an efficiency and rents for $350. Renters pay utilities.

Last Agent to Sell the Property

Melody Kerkvliet

REAL ESTATE PROFESSIONALS Listed on: 01/17/2020

Last Buyer's Agent

MICHAEL LAWRENCE

DIVERSIFIED REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60x82.5

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,597 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 9277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,389

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.11
  • Lot Size: 60x82.5
  • Year Built: 1900
  • General Property Description:Style2: 2 Story
  • General Property Description:Above Grade Sq Ft: 1597.0
  • General Property Description:Waterfront YN: No
  • Utilities Heat 1: Electric Baseboard
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • General Property Description:Basement: Crawl
  • Appliances:Stove: Yes

Exterior Features

  • Roof: Asphalt
  • Roof:Asphalt: Yes
  • Siding:Wood4: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Description:Garage Type2: Attached
  • General Property Description:_pound_ Garage Stalls: 1.0

Utilities

  • Utilities:Fuel: Electricity

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 9277
  • ResoLotSizeUnits: Acres
  • General Property Description:Lot Size2: 60x82.5
  • General Property Description:Acres2: 0.11

Tax Info

  • Tax Annual Amount: 1388.72
  • Tax Year: 2019
  • Location Tax and Other Information:Tax Year2: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jan 29, 2021
Bought by
Ehlebracht Lee
Seller's Agent
Melody Kerkvliet
REAL ESTATE PROFESSIONALS
Buyer's Agent
MICHAEL LAWRENCE
DIVERSIFIED REAL ESTATE
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$143,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,487
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Nov 14, 2012
Sold by
Koehn Dean A
Bought by
Koehn Daniel

Purchase Details

Closed on
Jun 26, 2009
Sold by
Hoss Preston R
Bought by
Koehn Dean A
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
Koehn Daniel $65,000 First Dakota Title - Wtn
Koehn Dean A $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $90,000 -5.3% $56 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $95,000 -- $59 / Sq Ft
Source: Northeast South Dakota 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 $1,614 $122,048 $33,243 $88,805
2024 $1,553 $122,048 $33,243 $88,805
2023 $1,603 $109,511 $30,221 $79,290
2022 $1,441 $106,273 $26,983 $79,290
2021 $1,402 $92,381 $21,586 $70,795
2020 $1,412 $88,617 $19,624 $68,993
2019 $1,369 $88,617 $19,624 $68,993
2018 $1,326 $85,332 $19,624 $65,708
2017 $1,368 $83,548 $17,840 $65,708
2016 $1,428 $81,926 $16,218 $65,708
2015 $1,372 $78,207 $16,218 $61,989
2014 -- $72,583 $14,103 $58,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 33-1630

APN: 009277