NOT LISTED FOR SALE

503 Main St Hill City, SD 57745

8 Beds
-- Bath
3,265 Sq Ft
1957 Built

Sale Details

Date Sold: June 10, 2020

Last sale price $199,000 $61 Per Sq Ft

Highlights

  • Public Water Access
  • City View
  • Interior Lot
  • Hill City High School Rated 9+
  • Balcony
  • 2-minute walk to Tracy Park

About This Home

As of June 2020

Own and manage this 4 unit apartment house in Hill City! Good cash flow and an unlimited number of people looking for apartment rentals. Priced to sell! 24 hour notice to view. All units are occupied. Financials available with a signed confidentiality agreement. Contact listing office (574-6000) or listing agent (381-9227) to schedule a showing or to receive financials. Listed by Kim Benning, Central Hills Real Estate Inc. (605) 381-9227

Last Agent to Sell the Property

Kim Benning

INACTIVE OFFICE Listed on: 05/22/2020

Last Buyer's Agent

Kim Benning

INACTIVE OFFICE Listed on: 05/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1957

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Frame Construction

Interior Spaces

  • 3,265 Sq Ft Home
  • City Views
  • Crawl Space
  • Fire and Smoke Detector

Outdoor Features

  • Public Water Access
  • Balcony

Lot Details

  • Private Entrance
  • Interior Lot

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Public Septic

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,181
  • Gross Income $25

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1957

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: Up & Down
  • Lvt Date: 06/11/2020
  • View: City
  • Year Built: 1957
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Pet Restrictions, Individual Water Heaters, Individual Heat & Air, Dead Bolt Locks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 1982
  • Total Sq Ft: 3265

Exterior Features

  • Construction: Frame, Wood
  • Foundation: Crawl Space, Concrete Block

Garage/Parking

  • Parking: Street

Utilities

  • Heating: Electric, Hot Water, Baseboard
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 1181

Lot Info

  • Lot Size: 0.16 acres
  • Lot Type: Interior
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month, Six Month Lease
  • Who Pays Electricity: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Tenant

Tax Info

  • Year: 19
  • Taxes: 3399

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 5 - 10%
  • Unit Features: Some Units, Window Coverings, Balcony/Deck, Kit/DR Combo, Common Utility Room
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Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $199,000 0.0% $61 / Sq Ft
05/22/2020 05/22/20 For Sale $199,000 -- $61 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
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 $4,176 $282,700 $62,700 $220,000
2024 $3,999 $264,000 $62,700 $201,300
2023 $3,744 $220,400 $62,700 $157,700
2022 $4,167 $221,800 $62,700 $159,100
2021 $4,055 $204,300 $62,700 $141,600
2020 $3,905 $191,200 $62,700 $128,500
2019 $3,340 $165,300 $62,700 $102,600
2018 $3,150 $161,300 $62,700 $98,600
2017 $3,289 $154,600 $62,700 $91,900
2016 $3,350 $152,800 $62,700 $90,100
2015 $3,350 $151,300 $62,700 $88,600
2014 $2,939 $129,400 $62,700 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 149833

Black Hills Association of REALTORS®

APN: 52-30-354-002

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