$437,500
SOLD APR 9, 2025
5 Beds
2.5 Baths
2,640 Sq Ft
2.66 Acres

Recently Sold

$166 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Partially Wooded Lot
  • 2.66 Acre Lot
  • Ranch Style House
  • Wood Flooring

About This Home

As of April 2025

Welcome to 4580 W Nike Rd, Rapid City, SD—a horse lover’s paradise with incredible investment potential! This spacious 5-bedroom, 2.5-bathroom home offers 2,640 sq. ft. of living space on 2.66 acres. Recent updates include beautifully refinished hardwood floors, fresh paint throughout, and a stunningly updated kitchen. The home also features a spacious laundry room, adding to its functionality. This property provides endless opportunities to make it your own. Equestrian enthusiasts will appreciate the horse-friendly setup, complete with a chicken coop and plenty of space for riding and outdoor activities. A 20x30 shop offers ample storage for equipment, while a 2,400-gallon cistern ensures a reliable water supply. Enjoy the best of both worlds—peaceful country living with the convenience of town just a short drive away. Don’t miss your chance to transform this property into your dream horse retreat!

Last Agent to Sell the Property

Cher Rhoades

Oak & Key Realty, LLC License #15218 Listed on: 02/26/2025

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1966

Lot Details

  • 2.66 Acre Lot
  • Partially Fenced Property
  • Unpaved Streets
  • Partially Wooded Lot
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 1 Fireplace
  • Home Office
  • Workshop
  • Basement
  • Laundry in Basement
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated and Evaporative Cooling System
  • On Site Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 2640
  • Basement Bathrooms: 1
  • Finished Basement Sq Ft: 1320
  • Basement Laundry: Y
  • Basement Bedrooms: 2
  • Basement Substructure: Full Basement, Partial Finished
  • Basement Total Sq Ft: 1320
  • Deck: Yes
  • Dining Rm Level: M
  • Family Gr Level: B
  • Full Three Quarter Bathrooms: 2
  • Irrigation Rights: Well
  • Living Rm Level: M
  • Main Level Bathrooms: 1.5
  • Main Level Fin Sq Ft: 1320
  • Main Level Laundry: Y
  • Main Level Number Bedrooms: 3
  • Main Level Total Sq Ft: 1320
  • Master Bedrm Comments: Half Bath
  • Master Bedrm Level: M
  • Primary Bedroom Bath: Yes
  • Other Rm1 Comments: Bedroom
  • Other Rm1 Level: B
  • Other Rm2 Approx Size: B
  • Other Rm2 Comments: Office/Bedroom
  • Personal Property: Refrigerator, Electric Range Oven, Washer, Dryer
  • Sq Ft Above Grade: 1320
  • Style: Ranch
  • Utilities Electric: WREA
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Yes
  • Fireplace Type: One
  • Estimated Sq Ft: 2500 - 2999
  • Estimated Total Sq Ft: 2640
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Bedroom 4 Level: B
  • Interior: Carpet, Wood Floors, Vinyl Flooring
  • Kitchen Level: M
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 5
  • Number Of Fireplaces: 1
  • Other Rooms: Office, Workshop
  • Total Sq Ft: 2640

Exterior Features

  • Construction: Frame
  • Landscaping: Trees, Partial Fence
  • Exterior: Unpaved Street, Shed, Outbuildings, Horses Allowed
  • Patio Deck: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 630
  • Garage: One Car
  • Garage Spaces: 1 Stall
  • Garage Type: Attached

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Utilities Sewer: Septic
  • Water: Cistern

Lot Info

  • Acreage: 1.1 - 5
  • Flood Plain: Unknown
  • Lot Description: Partially Wooded
  • Lot Size: 2.66
  • Number Of Acres: 2.66

Tax Info

  • Re Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Current Estimated Value
$441,030
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $186,750 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $437,500 -2.7% $166 / Sq Ft
02/26/2025 02/26/25 For Sale $449,500 -- $170 / 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 $3,600 $345,200 $52,300 $292,900
2023 $4,210 $397,100 $47,500 $349,600
2022 $3,242 $280,900 $32,900 $248,000
2021 $3,463 $270,100 $29,900 $240,200
2020 $2,594 $195,700 $27,300 $168,400
2019 $2,371 $188,700 $27,300 $161,400
2018 $2,297 $177,900 $27,300 $150,600
2017 $2,330 $176,500 $27,300 $149,200
2016 $2,006 $170,500 $27,300 $143,200
2015 $2,006 $142,800 $27,300 $115,500
2014 $2,003 $139,800 $27,300 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 83233

Mount Rushmore Area Association of REALTORS®

APN: 0008934