NOT LISTED FOR SALE

4500 Reservoir Rd Rapid City, SD 57703

Estimated Value: $281,000 - $485,000

3 Beds
2 Baths
1,401 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $115,000 $82 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $2,077/month

35 Days on Market

Highlights

  • Horses Allowed On Property
  • Views of Trees
  • Wooded Lot
  • RV Access or Parking
  • 3.33 Acre Lot
  • Ranch Style House

About This Home

As of May 2016

This home is on 3.33 acres on Rapid Creek large shop/garage, small barn. Priced aggressively as exterior needs a bit of work. This location is perfect, horses with plenty of grazing. This home is being sold as is where is. The owners give no warranties or repairs.

Last Agent to Sell the Property

Rich Hegre

Engel & Völkers Listed on: 03/14/2016

Engel & Völkers

Last Buyer's Agent

Rich Hegre

Engel & Völkers Listed on: 03/14/2016

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1948

Lot Details

  • 3.33 Acre Lot
  • Wire Fence
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Property Views

  • Trees
  • Creek or Stream
  • Hills
  • Meadow

Home Design

  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Hardboard
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Oven or Range
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Shed
  • Shop

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Flood Insurance May Be Required
  • Horses Allowed On Property

Community Details

  • Workshop Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1948

Lot Details

3.33 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 03/12/2016
  • Personal Property: Refrigerator, Range/Oven-Electric-FS
  • View: Hills, Creek, Trees, Prairie, Meadow
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Garage Door Opener, Horses Allowed, Master Bath, RV Parking, Smoke Alarm
  • Flooring: Carpet, Laminate
  • Bedrooms: Three
  • Master Bedroom: Size: 12x17, On Level: M
  • Bedroom 2: On Level: M, Size: 11x11
  • Bedroom 3: On Level: M, Size: 11x11
  • Bathroom Description: Shower Only, Shower and Tub
  • Full Three Quarter Bathrooms: Two
  • Dining Room: Combination, On Level: M, Size: 10x23
  • Kitchen: Size: 10x23, On Level: M
  • Family Room: Size: 12x17, On Level: M
  • Living Room: Size: 20x13, On Level: M
  • Total Finished Sq Ft: 1401
  • Main Floor Laundry: Yes
  • Main Level Sq Ft: 1401
  • Total Sq Ft: 1401
  • Total Square Foot: 1401
  • Total Square Foot Keyword: 1000-1499

Exterior Features

  • Construction: Preowned/Resale
  • Construction: Hardboard, Stucco
  • Foundation: Crawl Space, Concrete Block, Poured Concrete
  • Fences: Wire, Back, Front
  • Driveway Exposure: West
  • Roofing: Composition

Garage/Parking

  • Garage Type: Detached, Workshop Area
  • Garage Size: 28x40
  • Garage Capacity: Four or More

Utilities

  • Air Conditioner: Window
  • Air Conditioner: Yes
  • Electric Services: 220V Service, Breaker
  • Flood Insurance: Yes Required
  • Heating: Gas, Forced Air
  • Utilities: Cable Connected, WREA-Electric, Propane-Gas, Septic, Well

Lot Info

  • Acreage: 1-5 Acres
  • Lot Type: Hills/Wooded, Flat, Waterfront
  • Number Of Acres: 3.33
  • Outbuildings: Shed, Shop Building

Tax Info

  • Year: 2015
  • Taxes: 1395.58

MLS Schools

  • School District: Rapid City

Range of Values:

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Value Increase
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Percent Increase
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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
05/31/2016 05/31/16 Sold $115,000 -23.3% $82 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $149,900 -- $107 / 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 $2,266 $181,200 $50,100 $131,100
2024 $2,266 $178,100 $45,800 $132,300
2023 $2,516 $202,900 $73,300 $129,600
2022 $1,616 $144,300 $35,700 $108,600
2021 $2,175 $136,300 $35,700 $100,600
2020 $2,353 $145,100 $35,700 $109,400
2019 $2,112 $126,200 $35,700 $90,500
2018 $2,067 $125,100 $35,700 $89,400
2017 $2,016 $124,500 $35,700 $88,800
2016 $2,040 $114,200 $35,700 $78,500
2015 $2,040 $114,000 $35,700 $78,300
2014 $1,843 $96,900 $35,700 $61,200
Source: Public Records

Agents Affiliated with this Home

  • Rich Hegre

    Seller's Agent in 2016

    Rich Hegre

    Engel & Völkers

    (605) 381-7424

    13 in this area

    179 Total Sales

    Rich Hegre
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 127573

Black Hills Association of REALTORS®

APN: 0011569

South Dakota Pennington County Rapid City 57703

4500 Reservoir Rd, Rapid City, SD

Not Listed for Sale

Detached

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