NOT LISTED FOR SALE

419 E Madison St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $174,000 - $219,415

Studio
2 Baths
636 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2022

Last sale price $175,000 $275 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,251 / mo

2 Days on Market

About This Home

As of November 2022

Listed by Tarri Sorenson with Battle Creek Agency, 605-787-0157. Looking for an INVESTMENT Opportunity, or a home that will generate income? This nice little duplex will be perfect for that. It is located on a corner lot, with mature trees and lawn. Electrical has been updated in both units & carpets have been cleaned. A fresh coat of paint has been applied upstairs in the Living Room and Bedroom. Off-street parking and a large garage with cabinets for storage and a work bench for projects. 2 mini storage areas complement this package on the house-end of the garage.

Last Agent to Sell the Property

TARRI SORENSON

Battle Creek Agency License #17444 Listed on: 10/05/2022

Last Buyer's Agent

Michael Warwick

Great Peaks Realty License #17157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Home Design

  • 636 Sq Ft Home
  • Duplex
  • Frame Construction
  • Composition Roof
  • Masonite

Additional Features

  • Electric Oven or Range
  • Washer
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer

Community Details

Overview

  • 1,272 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,613

Year Built

Built in 1950

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Basement Substructure: Full Basement, Walkout, Outside Entrance Only, Block Foundation
  • Personal Property: Refrigerator, Electric Range Oven, Washer
  • Spec Assessment Remarks: Storm Water $19.60
  • Sq Ft Above Grade: 636
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1950
  • Estimated Building Sq Ft: 1272
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment, Private Entrance
  • Total Sq Ft: 1272

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Roof: Composition
  • Siding: Masonite Siding

Garage/Parking

  • Parking: Garage

Utilities

  • Heating: Natural Gas

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.15

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer
  • Type of Tenancy: One Year Lease

Tax Info

  • RE Taxes: $1613.54
  • Re Tax Year: 21

Multi Family

  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 12, 2022
Bought by
Seller's Agent
TARRI SORENSON
Battle Creek Agency
Buyer's Agent
Michael Warwick
Great Peaks Realty
List Price
$175,000
Sold Price
$175,000
Views
2
Current Estimated Value
$197,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,104
Avg. Annual Appreciation
3.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $175,000 0.0% $275 / Sq Ft
10/05/2022 10/05/22 For Sale $175,000 -- $275 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,245 $167,400 $37,300 $130,100
2024 $2,284 $166,500 $37,300 $129,200
2023 $2,249 $158,400 $28,700 $129,700
2022 $2,009 $132,300 $26,100 $106,200
2021 $1,633 $97,600 $24,000 $73,600
2020 $1,639 $94,800 $24,000 $70,800
2019 $1,521 $90,400 $24,000 $66,400
2018 $1,429 $86,500 $24,000 $62,500
2017 $1,536 $83,300 $24,000 $59,300
2016 $1,679 $84,400 $24,000 $60,400
2015 $1,679 $87,900 $26,000 $61,900
2014 $1,408 $71,600 $26,000 $45,600
Source: Public Records

Agents Affiliated with this Home

  • TARRI SORENSON

    Seller's Agent in 2022

    TARRI SORENSON

    Battle Creek Agency

    (605) 939-0696

    7 in this area

    56 Total Sales

    TARRI SORENSON
    Section Image
  • Michael Warwick

    Buyer's Agent in 2022

    Michael Warwick

    Great Peaks Realty

    (605) 641-2569

    12 in this area

    564 Total Sales

    Michael Warwick
    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 74088

Mount Rushmore Area Association of REALTORS®

APN: 0030968

South Dakota Pennington County Rapid City 57701 North Rapid City

419 E Madison St, Rapid City, SD

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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