NOT LISTED FOR SALE

421 Spruce St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $231,000 - $258,000

6 Beds
2 Baths
1,350 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $148,500 $110 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,544/month

104 Days on Market

Highlights

  • Public Water Access
  • Private Entrance
  • Heating System Uses Gas
  • City View
  • Family Room

About This Home

As of April 2019

Investment property with 2 houses on one lot. 421 Spruce Street is a 4 bedroom house with 2 bathrooms. Refinished hardwood floors on main level. Some new windows. New interior and exterior paint. 415 Spruce Street is a 2 bedroom house with 1 bathroom. Long term tenant. New exterior paint. New sidewalk to back door.

Last Agent to Sell the Property

JEANIA MIDDLETON

EXIT REALTY BLACK HILLS Listed on: 11/07/2018

EXIT REALTY BLACK HILLS

Last Buyer's Agent

Larry Petters

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1946

Lot Details

  • 8,712

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,350 Sq Ft Home
  • Family Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

  • 2 Units
  • Feigel Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1946

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Lvt Date: 11/07/2018
  • View: City
  • Year Built: 1946
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1 per Apt, Private Entrance
  • Main Level Sq Ft: 1350
  • Total Sq Ft: 1350

Exterior Features

  • Construction: Frame, Stucco
  • Foundation: Basement, Slab
  • Roof: Composition

Utilities

  • Heating: Electric, Gas, Wall
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .20
  • Lot Type: Flat
  • Zoning: Non-conforming

Rental Info

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

Tax Info

  • Year: 2017
  • Taxes: 1920.46

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Family Room, Kit/DR Combo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Apr 10, 2019
Bought by
Hoffmann Christopher L
Seller's Agent
JEANIA MIDDLETON
EXIT REALTY BLACK HILLS
Buyer's Agent
Larry Petters
INACTIVE OFFICE
List Price
$157,500
Sold Price
$148,500
Premium/Discount to List
-$9,000
-5.71%
Current Estimated Value
$246,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,379
Avg. Annual Appreciation
7.71%
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

Date Buyer Sale Price Title Company
Hoffmann Christopher L $148,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $148,500 -5.7% $110 / Sq Ft
11/07/2018 11/07/18 For Sale $157,500 -- $117 / Sq Ft
Source: Black Hills Association of REALTORS®

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 $3,312 $194,200 $41,800 $152,400
2024 $2,402 $202,500 $41,800 $160,700
2023 $2,316 $189,500 $32,100 $157,400
2022 $2,065 $158,200 $29,200 $129,000
2021 $1,825 $132,700 $26,000 $106,700
2020 $1,834 $129,200 $26,000 $103,200
2019 $2,085 $122,900 $26,000 $96,900
2018 $1,947 $118,600 $26,000 $92,600
2017 $2,117 $113,500 $26,000 $87,500
2016 $2,261 $116,400 $26,000 $90,400
2015 $2,261 $118,400 $26,000 $92,400
2014 $2,227 $113,500 $26,000 $87,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JEANIA MIDDLETON

    EXIT REALTY BLACK HILLS

    (605) 786-5340

    8 in this area

    30 Total Sales

    JEANIA MIDDLETON
    Section Image

  • L

    Buyer's Agent in 2019

    Larry Petters

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 141439

Black Hills Association of REALTORS®

APN: 0023069

South Dakota Pennington County Rapid City 57701 North Rapid City

421 Spruce St, Rapid City, SD

Not Listed for Sale

MultiFamily

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