NOT LISTED FOR SALE

506 E Oakland St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $263,000 - $309,000

4 Beds
1 Bath
1,584 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2025

Last sale price $288,500 $182 Per Sq Ft

Current estimated payment $1,873 / mo

Highlights

  • Ranch Style House
  • Tile Flooring
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Robbinsdale Park

About This Home

As of May 2025

Listed by Shauna Sheets, KWBH, 605-545-5430. Calling investors or first time home buyers- affordable ranch style home with ZERO stairs in an established southeast Rapid City neighborhood! *New sewer line in 2020 *4 bedrooms and 1 bathroom *Great open layout with the kitchen and dining areas as the heart of this home *Corner kitchen has ceiling height cabinetry, ample counterspace and a cozy breakfast bar for convenient seating *Large dining room can host large gatherings with family or friends, and has direct access to the back yard *Comfortable living room with large picture window overlooking the neighborhood *1 full bathroom with combination shower/tub and a new toilet *Large master bedroom in back of home for privacy with walk in closet and a bonus room attached (think in-home office or nursery!) *2 additional bedrooms and a large laundry/utility area complete this home *Outside has a fenced back yard, concrete patio for entertaining and a detached oversized 1-car garage *Bonus carport attached to garage- perfect for your boat or camper! Located near local schools, easy access to downtown and major medical facilities- call today!

Last Agent to Sell the Property

Shauna Sheets

Keller Williams Realty Black Hills SP License #15646 Listed on: 08/31/2025

Keller Williams Realty Black Hills SP

Last Buyer's Agent

Christopher Quail

RE/MAX Advantage License #16009

RE/MAX Advantage

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • Subdivision Possible

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 1956

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 1584
  • Estimated Size Bedroom 2: 9x10
  • Estimated Size Bedroom 3: 10x10
  • Estimated Size Bedroom 4: 10x13
  • Estimated Dining Room Size: 14x13
  • Dining Rm Level: M
  • Full Three Quarter Bathrooms: 1
  • Estimated Kitchen Size: 12x10
  • Estimated Living Room Size: 15x13
  • Living Rm Level: M
  • Estimated Primary Bedroom Size: 18x15
  • Master Bedrm Level: M
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Window Coverings(Some)
  • Sq Ft Above Grade: 1584
  • Style: Ranch
  • Subdivision Yn: Yes
  • Systems: 220V Service, Breaker
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 1500 - 1999
  • Estimated Total Sq Ft: 1584
  • Bedroom 2 Level: M
  • Bedroom 3 Level: M
  • Bedroom 4 Level: M
  • Interior: Tile Floors, Laminate Flooring, Ceiling Fan(s)
  • Kitchen Level: M
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 4
  • Total Sq Ft: 1584

Exterior Features

  • Roof: Composition
  • Siding: Stucco

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 27x23
  • Garage: One Car

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Electric, Forced Air
  • Utilities Sewer: City
  • Water: City

Schools

  • School District: Rapid City

Lot Info

  • Acreage: Less than 0.5
  • Flood Plain: Unknown
  • Number Of Acres: 0.21

Tax Info

  • RE Taxes: 3505
  • Re Tax Year: 24

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
Sep 28, 2021
Closed on
Nov 17, 2021
Bought by
Seller's Agent
Shauna Sheets
INACTIVE OFFICE
Buyer's Agent
ELIZABETH DILL
INACTIVE OFFICE
List Price
$239,900
Sold Price
$259,500
Premium/Discount to List
$19,600
8.17%
Current Estimated Value
$289,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,388
Avg. Annual Appreciation
2.33%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Rapid City, SD

  • Mike Jacobs Real Estate Agent - RE/MAX ADVANTAGE

    Mike Jacobs

    RE/MAX ADVANTAGE

    (605) 600-2688

    106 Total Sales

    4 in Downtown Rapid City

    $165K - $375K Price Range

    Mike Jacobs
     Section Image
  • MEGAN DICKERSON Real Estate Agent - ASCEND REALTY INC.

    MEGAN DICKERSON

    ASCEND REALTY INC.

    (850) 818-8415

    54 Total Sales

    7 in Downtown Rapid City

    $221K - $399K Price Range

    MEGAN DICKERSON
     Section Image
  • KANE FULKERSON Real Estate Agent - OAK & KEY REALTY, LLC

    KANE FULKERSON

    OAK & KEY REALTY, LLC

    (605) 534-8581

    34 Total Sales

    2 in Downtown Rapid City

    $260,000 Price Range

    KANE FULKERSON
     Section Image
  • Kevin Andreson Real Estate Agent - Keller Williams Realty Black Hills SP

    Kevin Andreson

    Keller Williams Realty Black Hills SP

    (605) 349-3213

    180 Total Sales

    4 in Downtown Rapid City

    $65K - $858K Price Range

    Kevin Andreson
     Section Image
  • Falina Selchert Real Estate Agent - Real Broker Black Hills

    Falina Selchert

    Real Broker Black Hills

    (605) 371-4413

    71 Total Sales

    2 in Downtown Rapid City

    $235K - $410K Price Range

    Falina Selchert
     Section Image
  • ERICA BESHARA Real Estate Agent - THE REAL ESTATE GROUP, INC.

    ERICA BESHARA

    THE REAL ESTATE GROUP, INC.

    (605) 309-7327

    26 Total Sales

    5 in Downtown Rapid City

    $230K - $319K Price Range

    ERICA BESHARA
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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
$259,500 --
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
Previous Owner $151,079
Previous Owner Mallk Bros Plastering Inc --
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 Prior Sale
08/31/2025 08/31/25 For Sale $285,500 -1.0% $180 / Sq Ft
05/05/2025 05/05/25 Sold $288,500 +11.2% $182 / Sq Ft
11/18/2021 11/18/21 Sold $259,500 +8.2% $164 / Sq Ft View Prior Sale
10/02/2021 10/02/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $239,900 +17.0% $151 / Sq Ft
06/14/2019 06/14/19 Sold $205,000 -2.3% $129 / Sq Ft View Prior Sale
05/13/2019 05/13/19 For Sale $209,900 +41.8% $133 / Sq Ft
04/21/2016 04/21/16 Sold $148,000 -1.3% $93 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $149,900 -- $95 / 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 $3,292 $299,500 $55,500 $244,000
2024 $3,403 $316,200 $50,500 $265,700
2023 $3,376 $295,300 $43,900 $251,400
2022 $3,069 $250,000 $38,200 $211,800
2021 $2,857 $208,700 $38,200 $170,500
2020 $2,718 $192,300 $38,200 $154,100
2019 $2,612 $192,800 $32,600 $160,200
2018 $2,130 $183,600 $32,600 $151,000
2017 $2,062 $153,100 $32,600 $120,500
2016 $2,124 $141,300 $32,600 $108,700
2015 $2,124 $142,100 $32,600 $109,500
2014 $2,098 $137,500 $32,600 $104,900
Source: Public Records

Agents Affiliated with this Home

  • Shauna Sheets Real Estate Agent - Keller Williams Realty Black Hills SP

    Seller's Agent in 2025

    Shauna Sheets

    Keller Williams Realty Black Hills SP

    (605) 545-5430

    18 in this area

    293 Total Sales

    Shauna Sheets
    Section Image
  • Christopher Quail Real Estate Agent - RE/MAX Advantage

    Buyer's Agent in 2025

    Christopher Quail

    RE/MAX Advantage

    (605) 787-2322

    11 in this area

    73 Total Sales

    Christopher Quail
    Section Image

  • ED

    Buyer's Agent in 2021

    ELIZABETH DILL

    INACTIVE OFFICE

    Section Image
  • Ariel Rudland Real Estate Agent - WEST RIVER REALTY, LLC

    Buyer's Agent in 2019

    Ariel Rudland

    WEST RIVER REALTY, LLC

    (605) 786-4816

    9 in this area

    198 Total Sales

    Ariel Rudland
    Section Image

  • KC

    Seller's Agent in 2016

    KEITH CARLYLE

    THE REAL ESTATE GROUP, INC.

See All Agents

Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 83459

Mount Rushmore Area Association of REALTORS®

APN: 0032651

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

506 E Oakland St, Rapid City, 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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