NOT LISTED FOR SALE

505 W Summit St Lead, SD 57754

Estimated Value: $269,000 - $328,672

-- Bed
-- Bath
1,920 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $140,000 $73 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,825/month

53 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2019

GREAT PROPERTY, VERY COZY, SPACIOUS APARTMENTS. BUILDING SOLD "AS IS".

Last Agent to Sell the Property

Michael Percevich

Real Properties of Lead - Deadwood License #10552 Listed on: 06/24/2019

Last Buyer's Agent

Bridget Gostola

Black Mountain Real Estate License #13968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1936

Lot Details

  • 9,148

Parking

  • Paved Parking

Home Design

  • 1,920 Sq Ft Home
  • Triplex
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco

Kitchen

  • Gas Oven or Range

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 220 Volts

Additional Features

  • Property Views

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer, real estate taxes

Community Details

Overview

  • 3,012 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,433

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Basement Substructure: Full Basement, Walkout, Partial Finished
  • Extras: View
  • Personal Property: Refrigerator, Gas Range Oven, Electric Range Oven
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 1920
  • Systems: Breaker, 220V Service
  • Water Assessment: METERED
  • Year Built: 1936
  • Estimated Building Sq Ft: 3012
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment
  • Total Sq Ft: 3012

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Roof: Metal
  • Siding: Stucco, Wood Siding

Garage/Parking

  • Parking: Paved

Utilities

  • Average Electric: TENANT
  • Average Gas: TENANT
  • Heating: Natural Gas, Baseboard

Schools

  • School District: Lead/Deadwood

Lot Info

  • Flood Plain: Unknown

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes
  • Type of Tenancy: Month to Month

Tax Info

  • RE Taxes: 2433.08
  • Re Tax Year: 18

Multi Family

  • Number Of Units: 3

Range of Values:

--
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 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
10/01/2019 10/01/19 Sold $140,000 -6.3% $73 / Sq Ft
06/24/2019 06/24/19 For Sale $149,366 -- $78 / 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
2025 $2,994 $203,690 $24,170 $179,520
2024 $2,994 $178,940 $18,170 $160,770
2023 $2,783 $146,400 $15,170 $131,230
2022 $2,767 $134,470 $15,170 $119,300
2021 $2,464 $134,470 $0 $0
2019 $2,433 $105,460 $6,040 $99,420
2018 $2,424 $100,590 $0 $0
2017 $2,362 $100,590 $0 $0
2016 $2,504 $100,590 $0 $0
2015 $2,504 $96,500 $0 $0
2014 $2,520 $94,850 $0 $0
2013 -- $96,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Percevich

    Seller's Agent in 2019

    Michael Percevich

    Real Properties of Lead - Deadwood

    (605) 578-3030

    26 in this area

    151 Total Sales

    Michael Percevich
    Section Image
  • Bridget Gostola

    Buyer's Agent in 2019

    Bridget Gostola

    Black Mountain Real Estate

    (605) 641-3894

    19 in this area

    30 Total Sales

    Bridget Gostola
    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 61825

Mount Rushmore Area Association of REALTORS®

APN: 31510-02700-040-00

South Dakota Lawrence County Lead 57754

505 W Summit St, Lead, SD

Not Listed for Sale

MultiFamily

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