$171,500
SOLD SEP 29, 2025

505 7th St SE Watertown, SD 57201

3 Beds
2 Baths
1,877 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

5% Below List Price

9 Days on Market

About This Home

As of September 2025

This home is located at 505 7th St SE, Watertown, SD 57201 and is currently priced at $171,500, approximately $91 per square foot. This property was built in 1924. 505 7th St SE is a home located in Codington County with nearby schools including Watertown High School, Immaculate Conception School, and St. Martin's Lutheran School.

Last Agent to Sell the Property

STEVE SHEEHAN

THE REALTY TEAM License #16372 Listed on: 08/21/2025

Last Buyer's Agent

Lynn Morris

THE REALTY TEAM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Detached Garage

Interior Spaces

  • 1,877 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5897
  • $5,145 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 150
  • Unit Levels: One and One Half
  • Year Built: 1924
  • General Property Description:Style2: 1.5 Story
  • General Property Description:Levels2: One and One Half
  • General Property Description:Above Grade Sq Ft: 1061.0
  • General Property Description:Waterfront YN: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • General Property Description:Basement: Full

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type2: Detached

Condo/Co-op/Association

  • Association: No
  • General Property Description:Homeowner_squote_s Association: No

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 5897
  • General Property Description:Lot Size2: 50 X 150
  • General Property Description:Acres2: 0.17

Tax Info

  • Tax Annual Amount: 1523.82
  • Tax Year: 2024
  • Location Tax and Other Information:Tax Year2: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Bought by
Elliott Kyle J
Current Estimated Value
$177,126

Purchase Details

Listed on
Mar 11, 2014
Closed on
Sep 8, 2014
Sold by
Dolney Thomas L and Dolney Rebecca
Bought by
Korell Justin T and Korell Angela L
Seller's Agent
CRIS ORTMEIER
REAL ESTATE PROFESSIONALS
Buyer's Agent
Jody Fiedler
MAINSTREAM REALTY
List Price
$117,000
Sold Price
$106,000
Premium/Discount to List
-$11,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Oct 9, 2009
Sold by
Moes Shannon and Moes Kimberly
Bought by
Dolney Thomas L and Dolney Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,043
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Deed $124,500 --
Deed $104,500 First Dakota Title - Wtn
Warranty Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,043 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2025 09/29/25 Sold $171,500 -4.7% $91 / Sq Ft
08/21/2025 08/21/25 For Sale $179,900 +69.7% $96 / Sq Ft
09/08/2014 09/08/14 Sold $106,000 -9.4% $50 / Sq Ft View Prior Sale
07/21/2014 07/21/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $117,000 -- $55 / Sq Ft
Source: Northeast South Dakota 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
2025 $1,524 $154,844 $31,846 $122,998
2024 $1,531 $146,797 $31,846 $114,951
2023 $1,466 $138,428 $28,951 $109,477
2022 $1,344 $124,148 $28,951 $95,197
2021 $1,369 $109,123 $24,126 $84,997
2020 $1,255 $109,123 $24,126 $84,997
2019 $1,194 $99,680 $20,979 $78,701
2018 $1,167 $94,378 $19,425 $74,953
2017 $1,111 $93,453 $18,500 $74,953
2016 $1,159 $85,422 $18,500 $66,922
2015 $1,194 $83,466 $13,176 $70,290
2014 -- $83,466 $13,176 $70,290
Source: Public Records

Agents Affiliated with this Home

  • STEVE SHEEHAN

    Seller's Agent in 2025

    STEVE SHEEHAN

    THE REALTY TEAM

    (605) 880-5158

    32 in this area

    36 Total Sales

    STEVE SHEEHAN
    Section Image
  • Lynn Morris

    Buyer's Agent in 2025

    Lynn Morris

    THE REALTY TEAM

    (605) 881-8267

    337 in this area

    421 Total Sales

    Lynn Morris
    Section Image

  • C

    Seller's Agent in 2014

    CRIS ORTMEIER

    REAL ESTATE PROFESSIONALS

  • J

    Buyer's Agent in 2014

    Jody Fiedler

    MAINSTREAM REALTY

    (605) 753-0137

    59 in this area

    85 Total Sales

    Jody Fiedler
    Section Image
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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 24-7104

APN: 005897

South Dakota Codington County Watertown 57201

505 7th St SE, Watertown, SD

Sold

Detached

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