NOT LISTED FOR SALE

505 N Rainbow Rd Spearfish, SD 57783

Spearfish Area

Estimated Value: $461,891

3 Beds
1.5 Baths
1,200 Sq Ft
$385/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2014

Last sale price $220,000 $183 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,855 / mo

10 Days on Market

Highlights

  • 2 Acre Lot
  • Living Room with Fireplace
  • Partially Wooded Lot
  • Deck
  • Ranch Style House
  • Lawn

About This Home

As of October 2014

This private, country home is just minutes to Spearfish and a hop, skip and a jump to Deadwood. Nestled on 2 acres of shade trees, whispering pines and apple trees, you will appreciate the 2400 sq. ft. home with large 30x41 shop and a detached, oversized 2+ car garage for all your needs. The views will take your breath away! The partially finished basement will not require much to complete and has the potential for two additional bedrooms and a full bath. Roof was replaced in April, 2014 and new vinyl windows were installed in 2010. A new window air conditioning unit was installed in 2012. Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Pattie Parrett

The Real Estate Center of Spearfish License #12977 Listed on: 08/25/2014

Last Buyer's Agent

Jim Allison

Allison Real Estate License #12804

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 2 Acre Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Lawn

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,200 Sq Ft Home
  • Window Treatments
  • Living Room with Fireplace
  • Carpet
  • Basement
  • Laundry in Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Refrigerated and Evaporative Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • On Site Septic

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

2 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 1200
  • Basement Bathrooms: 1
  • Basement Laundry: y
  • Basement Bedrooms: 1
  • Basement Substructure: Full Basement, Unfinished, Block Foundation
  • Estimated Size Bedroom 2: 12X11
  • Estimated Size Bedroom 3: 11X11
  • Deck Comments: Open views
  • Deck: Yes
  • Estimated Dining Room Size: 10X14
  • Dining Rm Level: M
  • Full Three Quarter Bathrooms: 1
  • Estimated Kitchen Size: 10X14
  • Estimated Living Room Size: 23X14
  • Living Rm Comments: Pellet Stove
  • Living Rm Level: M
  • Main Level Bathrooms: 1
  • Main Level Number Bedrooms: 2
  • Estimated Primary Bedroom Size: 12X11
  • Master Bedrm Level: M
  • Other Rm1 Approx Size: 43X42
  • Other Rm1 Comments: Under Remodel; Wood Stove
  • Other Rm1 Level: B
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Washer, Dryer, Water Softener Owned, Window Coverings(All)
  • Sq Ft Above Grade: 1200
  • Style: Ranch
  • Utilities Electric: Black Hills Energy
  • Warranty Program: As Is
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Basement: Yes
  • Basement: Yes
  • Fireplace Type: In Living Room, Pellet Stove
  • Estimated Sq Ft: 2000 - 2499
  • Estimated Total Sq Ft: 2400
  • Bedroom 2 Level: M
  • Bedroom 3 Comments: Non-Conforming Remodel
  • Bedroom 3 Level: B
  • Interior: Carpet, Garage Door Opener
  • Kitchen Level: M
  • Laundry: Basement
  • Number Of Bedrooms: 3
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Block
  • Landscaping: Lawn, Trees
  • Exterior: Paved Street, Outbuildings
  • Patio Deck: Open Deck
  • Roof: Composition
  • Siding: Concrete

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 41x26
  • Garage: Two Car
  • Garage Spaces: 2 Stalls
  • Garage Type: Detached

Utilities

  • Air Conditioner: Yes
  • Average Electric: $200
  • Cooling: Refrig. Wall Unit
  • Heating: Electric, Pellet Stove
  • Utilities Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acreage: 1.1 - 5
  • Flood Plain: Unknown
  • Lot Description: Partially Wooded, View Lot
  • Number Of Acres: 2

Tax Info

  • RE Taxes: $1,966
  • Re Tax Year: 13

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 14, 2014
Sold by
Rodriguez Angela M and Rodriguez Yvonne
Bought by
Seller's Agent
Pattie Parrett
The Real Estate Center of Spearfish
Buyer's Agent
Jim Allison
Allison Real Estate
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$461,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,891
Avg. Annual Appreciation
6.40%
Original Mortgage
$209,000
Outstanding Balance
$155,862
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$306,029
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Spearfish, SD

  • Cher Rhoades Real Estate Agent - Oak & Key Realty, LLC

    Cher Rhoades

    Oak & Key Realty, LLC

    (605) 667-4984

    149 Total Sales

    34 in Spearfish

    $60K - $1.4M Price Range

    Cher Rhoades
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  • Sue Cramer Real Estate Agent - The Real Estate Center of Spearfish

    Sue Cramer

    The Real Estate Center of Spearfish

    (605) 340-1520

    113 Total Sales

    75 in Spearfish

    $60K - $2M Price Range

    Sue Cramer
     Section Image
  • Carri Odle Real Estate Agent - eXp Realty

    Carri Odle

    eXp Realty

    (605) 702-4276

    67 Total Sales

    10 in Spearfish

    $67K - $1.1M Price Range

    Carri Odle
     Section Image
  • Kevin Schilling Real Estate Agent - Black Hills Brokerage

    Kevin Schilling

    Black Hills Brokerage

    (605) 467-5660

    21 Total Sales

    1 in Spearfish

    $659,900 Price

    Kevin Schilling
     Section Image
  • Michael Warwick Real Estate Agent - Great Peaks Realty

    Michael Warwick

    Responds Quickly

    Great Peaks Realty

    (605) 566-6022

    554 Total Sales

    143 in Spearfish

    $35K - $1.6M Price Range

    Michael Warwick
     Section Image
  • Spencer Rossi Real Estate Agent - Top Shelf Realty

    Spencer Rossi

    Top Shelf Realty

    (605) 702-4681

    69 Total Sales

    30 in Spearfish

    $77K - $1.2M Price Range

    Spencer Rossi
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $209,000
Previous Owner Neuerburg Angela M $28,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2014 10/14/14 Sold $220,000 -6.4% $183 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $235,000 -- $196 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,959 $334,720 $81,000 $253,720
2024 $2,934 $312,490 $55,000 $257,490
2023 $2,188 $214,710 $54,000 $160,710
2022 $2,113 $190,100 $44,000 $146,100
2021 $2,103 $190,100 $0 $0
2019 $2,062 $176,820 $0 $0
2018 $2,063 $175,550 $0 $0
2017 $2,051 $175,550 $0 $0
2016 $2,164 $175,550 $0 $0
2015 $2,164 $174,270 $0 $0
2014 $1,994 $157,840 $0 $0
2013 -- $154,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PP

    Seller's Agent in 2014

    Pattie Parrett

    The Real Estate Center of Spearfish

    Section Image
  • Jim Allison Real Estate Agent - Allison Real Estate

    Buyer's Agent in 2014

    Jim Allison

    Allison Real Estate

    (605) 381-3068

    66 Total Sales

    Jim Allison
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 46018

Mount Rushmore Area Association of REALTORS®

APN: 21400-00603-171-05

South Dakota Lawrence County Spearfish 57783

505 N Rainbow Rd, Spearfish, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mount Rushmore Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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