NOT LISTED FOR SALE

407 W Summit St Lead, SD 57754

Estimated Value: $198,000 - $243,000

2 Beds
1 Bath
1,014 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $185,000 $182 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,438/month

5 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Wood Frame Window
  • Wood Flooring
  • Lawn
  • 1 Car Detached Garage

About This Home

As of March 2022

Great opportunity for year round living or as a 2nd/vacation get-away in historic Lead, SD. This charming stucco home has a neat little deck sitting area off of W. Summit Street where you can enjoy the majestic view of the Black Hills & has a couple of places to park along the street. Go down a few steps to a lovely 15'x11' deck next to an open area which hosts the occasional deer. Go down a few more steps to a nice level yard on the right with a full entry to the basement & a fun boardwalk area to the left. Continue down a few more steps to an oversized single car pull through garage & off street parking for two vehicles off of Reilly Street. More room to park behind the garage! The house itself is cute as button with a cottage feel. Step into the large, bright kitchen which is big enough to accommodate a table & chairs or reconfigure to add an eat-at island. There's plenty of cabinets & a pantry. To the right is a cozy bedroom with electric wall heater, washer/dryer hookup, a small built-in shelf & lighted closet under the stairwell. From the kitchen head in to the carpeted combination dining/living room area. The full bathroom continues with the cottage theme & boasts storage shelves. Travel upstairs to the amazing master bedroom area which is home to a guest area, attic storage, a couple of charming alcoves & a sitting area. The basement houses the utilities including the gas hot water heater, gas furnace, a washer/dryer hookup & a workshop area.

Last Agent to Sell the Property

Penny Doering

RE/MAX In The Hills License #12973 Listed on: 02/03/2022

RE/MAX In The Hills

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1941

Lot Details

  • 6,534 Sq Ft Lot
  • Unpaved Streets
  • Landscaped with Trees
  • Lawn

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,014 Sq Ft Home
  • 1.5-Story Property
  • Single Hung Windows
  • Wood Frame Window
  • Basement
  • Laundry in Basement
  • Storm Windows
  • Electric Oven or Range
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 220 Volts
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 1014
  • Basement Laundry: 1
  • Basement Substructure: Partial Basement, Crawl Space, Unfinished, Outside Entrance Only, Poured Concrete Fd.
  • Basement Total Sq Ft: 242
  • Estimated Size Bedroom 2: 10x9
  • Deck Comments: 15'x11' & Fantastic View
  • Deck: Yes
  • Full Three Quarter Bathrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Fin Sq Ft: 676
  • Main Level Laundry: 1
  • Main Level Number Bedrooms: 1
  • Main Level Total Sq Ft: 676
  • Estimated Primary Bedroom Size: 25x14
  • Master Bedrm Comments: Sitting & Guest Areas
  • Master Bedrm Level: U
  • Other Rm1 Approx Size: 11x22
  • Other Rm1 Comments: Unfinished Utility Area
  • Other Rm1 Level: B
  • Personal Property: Refrigerator, Electric Range Oven
  • Sq Ft Above Grade: 1014
  • Style: 1.5 Story
  • Systems: 220V Service, Breaker
  • Upper Level Finished Sq Ft: 338
  • Upper Level Number of Bedrooms: 1
  • Upper Level Sq Ft: 338
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Warranty Program: As Is
  • Year Built: 1941
  • Zoning Lead: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Yes
  • Estimated Sq Ft: 1000 - 1499
  • Estimated Total Sq Ft: 1256
  • Bedroom 2 Comments: Has laundry hook up
  • Bedroom 2 Level: M
  • Interior: Carpet, Wood Floors, Vinyl Flooring
  • Laundry: Main Level, Basement
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 2
  • Total Sq Ft: 1194
  • Windows: Single Pane, Wood, Storm Windows, Single Hung

Exterior Features

  • Construction: Frame
  • Landscaping: Lawn, Trees
  • Exterior: Unpaved Street
  • Patio Deck: Open Deck
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 315 Sq. Ft.
  • Garage: One Car
  • Garage Spaces: 1 Stall
  • Garage Type: Detached

Utilities

  • Heating: Natural Gas, Electric, Baseboard, Floor Furnace
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acreage: Less than 0.5
  • Flood Plain: Unknown
  • Lot Description: View Lot
  • Lot Size: 6,664 Sq. Ft.
  • Number Of Acres: 0.15
  • Zoning: Residential

Tax Info

  • RE Taxes: 1159.96
  • Re Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 16, 2014
Sold by
Browne Williams G and Browne Judith E
Bought by
Starr Merle
Seller's Agent
Christle Beuckens
Hegg Realtors, Deadwood
Buyer's Agent
Christle Beuckens
Hegg Realtors, Deadwood
List Price
$69,000
Sold Price
$62,000
Premium/Discount to List
-$7,000
-10.14%
Current Estimated Value
$224,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,349
Avg. Annual Appreciation
11.37%
Source: Public Records

Range of Values:

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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
Starr Merle $62,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $185,000 0.0% $182 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $185,000 +198.4% $182 / Sq Ft
09/16/2014 09/16/14 Sold $62,000 -10.1% $61 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $69,000 -- $68 / Sq Ft
Source: Mount Rushmore Area 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
2024 $2,509 $149,920 $15,660 $134,260
2023 $2,347 $123,430 $12,660 $110,770
2022 $1,306 $75,260 $12,660 $62,600
2021 $1,160 $75,260 $0 $0
2019 $1,342 $57,590 $5,420 $52,170
2018 $1,337 $55,480 $0 $0
2017 $1,340 $55,480 $0 $0
2016 $1,416 $55,480 $0 $0
2015 $1,416 $54,730 $0 $0
2014 $1,158 $52,590 $0 $0
2013 -- $53,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Penny Doering

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON-MEMBER OFFICE

  • Christle Beuckens

    Seller's Agent in 2014

    Christle Beuckens

    Hegg Realtors, Deadwood

    (605) 920-1084

    25 in this area

    189 Total Sales

    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 70988

Mount Rushmore Area Association of REALTORS®

APN: 31510-02600-010-00

South Dakota Lawrence County Lead 57754

407 W Summit St, Lead, SD

This home is located at 407 W Summit St, Lead, SD 57754 since 03 February 2022 and is currently estimated at $224,349, approximately $221 per square foot. This property was built in 1941. 407 W Summit St is a home located in Lawrence County with nearby schools including Lead-Deadwood Elementary School, Lead-Deadwood Middle School, and Lead-Deadwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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