NOT LISTED FOR SALE

405 E Watertown St Rapid City, SD 57701

North Rapid City Neighborhood
4 Beds
-- Bath
1,800 Sq Ft
1946 Built

Last Sold October 30, 2020

Last sale price $135,000 $75 Per Sq Ft

2 Days on Market

Highlights

  • Public Water Access
  • Forced Air Heating System
  • Asbestos
  • City View
  • Private Entrance

About This Home

As of October 2020

new roof shingles, privacy fence in back, many walls painted,many newer windows, washer/dryer leased. Good income producer. top floor has space heater othe two units have their own furnace. Common laundry area in basement. Owner had the sewer line cleaned out because or tree roots. Last time was over a year and a half ago.

Last Agent to Sell the Property

Larry Petters

INACTIVE OFFICE Listed on: 10/19/2020

Last Buyer's Agent

Seth Malott

CENTURY 21 CLEARVIEW REALTY

CENTURY 21 CLEARVIEW REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1946

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,800 Sq Ft Home
  • City Views
  • Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

Overview

  • 3 Units
  • Schnasse Subdivision

Building Details

  • Gross Income $1,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: Up & Down
  • View: City
  • Year Built: 1946
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Central Water Heater
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 750
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Asbestos
  • Foundation: Basement, Poured Concrete
  • Roof: Composition

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air, Gas, Space Heater
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .18
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

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

Tax Info

  • Year: 2019
  • Taxes: 1694.74

Multi Family

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

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $135,000 +43.6% $75 / Sq Ft
10/19/2020 10/19/20 For Sale $94,000 -13.0% $52 / Sq Ft
08/07/2017 08/07/17 Sold $108,000 0.0% $80 / Sq Ft View Prior Sale
07/25/2017 07/25/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $108,000 -- $80 / 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 $2,384 $187,200 $40,800 $146,400
2024 $2,384 $172,700 $40,800 $131,900
2023 $2,718 $190,600 $31,300 $159,300
2022 $2,384 $157,000 $28,500 $128,500
2021 $2,485 $148,200 $25,200 $123,000
2020 $1,909 $109,700 $25,200 $84,500
2019 $1,733 $98,400 $25,200 $73,200
2018 $1,436 $97,800 $25,200 $72,600
2017 $1,571 $82,800 $25,200 $57,600
2016 $1,736 $85,500 $25,200 $60,300
2015 $1,736 $90,100 $26,000 $64,100
2014 $2,331 $119,000 $26,000 $93,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Larry Petters

    INACTIVE OFFICE

    Section Image
  • Seth Malott

    Buyer's Agent in 2020

    Seth Malott

    CENTURY 21 CLEARVIEW REALTY

    (866) 234-8439

    15 in this area

    103 Total Sales

    Seth Malott
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 121399

Black Hills Association of REALTORS®
South Dakota Pennington County Rapid City 57701 North Rapid City

405 E Watertown St, Rapid City, SD

Not Listed for Sale

MultiFamily

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