NOT LISTED FOR SALE

411 E Cedar St Vermillion, SD 57069

Estimated Value: $203,000 - $221,000

3 Beds
2 Baths
1,512 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $150,000 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,304/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Perfect ranch located two blocks south of the University of South Dakota. The house is rented for $1125/month until May 31st, 2022 and the landlord pays the utilities. Most of the windows replaced since 2017 and whole house to be painted summer 2021. This is not your typical college rental - if you think you might want to retire to Vermillion, downsize, live on one level but you're not quite ready; this home is a great option to have someone else pay the mortgage for a year or so and you can move when you're ready! The backyard is mostly fenced and just the right size. The basement has room to build another bedroom but would need an egress window installed.

Last Agent to Sell the Property

Michelle Maloney

Maloney Real Estate Listed on: 05/22/2021

Last Buyer's Agent

Michelle Maloney

Maloney Real Estate Listed on: 05/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1965

Lot Details

  • 5,005 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Hardboard

Interior Spaces

  • Living Room
  • Wood Flooring
  • Finished Basement
  • Bedroom in Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 15050-06400-060-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,453

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Property Features: Level Lot
  • Legal Description: E 65 OF LOT 7 & N 33 OF E 65 OF LOT 6 BLK 64 BIGELOWS
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: All appliances, washer/dryer, blinds
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Finished
  • Basement Rooms: 3/4 Bath, Bedroom, Family
  • Main Level Rooms: Bedroom, Full Bath, Kitchen, Living
  • Total Sq Ft: 1512
  • Main Level Sq Ft: 864
  • Sq Ft Above Grade: 864
  • Sq Ft Below Grade Finishe: 648
  • Sq Ft Below Grade Total: 864
  • Sq Ft Below Grade Unfinis: 216
  • Price Per Sq Ft: 173.61

Exterior Features

  • Exterior: Hardboard
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Driveway: Concrete
  • Garage Spaces: 1
  • Sq Ft Garage: 286

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Utilities: 123
  • Water Type: City

Association/Amenities

  • Amenities: Eat-In Kitchen, Hardwood Floors, Smoke Detector

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.11
  • Lot Sq Ft: 5005
  • Parcel Number: 15050-06400-060-03

Tax Info

  • Gross Taxes: 2453

Multi Family

  • Rental Income: 1125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 24, 2021
Sold by
Sj Hoskins Investments Llc
Bought by
Gellerman Steve and Gellerman Kelly
Seller's Agent
Michelle Maloney
Maloney Real Estate
Buyer's Agent
Michelle Maloney
Maloney Real Estate
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$192,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,515
Avg. Annual Appreciation
5.91%
Original Mortgage
$112,500
Outstanding Balance
$88,779
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,502
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
Gellerman Steve $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gellerman Steve $112,500
Previous Owner Sj Hoskins Investments Llc $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $150,000 -3.2% $99 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $155,000 +32.0% $103 / Sq Ft
09/29/2017 09/29/17 Sold $117,400 -6.0% $78 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $124,900 -- $83 / Sq Ft
Source: Northwest Iowa Regional Board 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 $3,392 $155,291 $9,660 $145,631
2023 $3,356 $134,994 $8,358 $126,636
2022 $2,609 $123,691 $7,608 $116,083
2021 $2,453 $105,387 $7,257 $98,130
2020 $2,340 $110,166 $7,257 $102,909
2019 $2,290 $105,332 $7,257 $98,075
2018 $2,204 $98,426 $7,257 $91,169
2017 $2,145 $94,971 $7,257 $87,714
2016 -- $87,816 $7,007 $80,809
2015 -- $87,566 $6,757 $80,809
2011 -- $85,435 $6,006 $79,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 813275

Northwest Iowa Regional Board of REALTORS®

APN: 15050-06400-060-03