NOT LISTED FOR SALE

507 2nd St NE Watertown, SD 57201

Estimated Value: $203,610 - $238,000

3 Beds
1.5 Baths
2,888 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $160,000 $55 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,283/month

67 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Bungalow
  • Wood Siding

About This Home

As of August 2020

THIS ADORABLE BUNGALOW HAS BEEN RENOVATED TOP TO BOTTOM! YOU WILL BE CAPTIVATED INSTANTLY WHEN YOU WALK THROUGH THE FRONT DOOR AND SEE THE PROFESSIONALLY REFINISHED HARDWOOD FLOORS THROUGHOUT THE LIVING/DINING AREAS, WHICH ALSO FEATURE 10' HIGH CEILINGS. ENTER NEXT THE BEAUTIFULLY REDONE KITCHEN, COMPLETE WITH CUSTOM KANNAS CABINETRY, FEATURING QUIET CLOSE DOORS/DRAWERS AS WELL AS GRANITE COUNTER TOPS. THE UNIQUE ORIGINAL BUILT-IN CORNER KITCHEN CABINET WAS PAINSTAKINGLY REDONE AS A LABOR OF LOVE TO MAINTAIN THE ORIGINAL CHARM AND CHARACTER OF THIS LOVELY HOME.ALL FUNCTION ITEMS ARE NEW/NEARLY NEW INCLUDING BRAND NEW SHINGLES, WINDOWS, A/C, COMPLETELY UPDATED ELECTRICAL, NEW PLUMBING, & BLOWN IN INSULATION IN EXTERIOR WALLS. FENCED IN YARD AND SINGLE GARAGE AS WELL!

Last Agent to Sell the Property

Lynn Morris

THE REALTY TEAM Listed on: 05/01/2020

Last Buyer's Agent

JILL ERICHSEN

THE REALTY TEAM License #16119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1902

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Plaster Walls
  • Wood Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,888 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Watertown Elementary School
  • Watertown High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12228
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 48x100 + 16x50
  • Year Built: 1902
  • General Property Description:Style2: Bungalow
  • General Property Description:Levels2: One and One Half
  • General Property Description:Above Grade Sq Ft: 2032.0
  • General Property Description:Waterfront YN: No
  • Utilities Heat 1: Forced Air
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Linoleum
  • General Property Description:Basement: Full
  • Floor:Carpet: Yes
  • Floor:Linoleum: Yes
  • Wall:Plaster: Yes
  • Floor:Wood2: Yes

Exterior Features

  • Roof: Asphalt, Wood
  • Roof:Asphalt: Yes
  • Trim:Wood3: Yes
  • Siding:Wood4: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Description:Garage Type2: Detached
  • General Property Description:_pound_ Garage Stalls: 1.0

Condo/Co-op/Association

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

Schools

  • Elementary School: Watertown
  • High School: Watertown
  • General Property Description:Elementary School: Watertown
  • General Property Description:High School: Watertown

Lot Info

  • Parcel #: 12228
  • General Property Description:Lot Size2: 48x100 + 16x50

Tax Info

  • Tax Annual Amount: 1418.06
  • Tax Year: 2020
  • Location Tax and Other Information:Tax Year2: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 15, 2019
Bought by
Richardson Cozette M
Seller's Agent
Lynn Morris
THE REALTY TEAM
Buyer's Agent
Lynn Morris
THE REALTY TEAM
List Price
$71,000
Sold Price
$71,000
Current Estimated Value
$222,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,903
Avg. Annual Appreciation
19.41%
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Cozette M $71,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $160,000 -3.0% $55 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $164,900 +132.3% $57 / Sq Ft
08/15/2019 08/15/19 Sold $71,000 0.0% $48 / Sq Ft View Prior Sale
07/30/2019 07/30/19 For Sale $71,000 -- $48 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
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 $1,512 $151,753 $33,272 $118,481
2024 $1,445 $145,680 $33,272 $112,408
2023 $1,504 $130,611 $30,247 $100,364
2022 $1,370 $127,370 $27,006 $100,364
2021 $1,577 $111,216 $21,605 $89,611
2020 $1,418 $103,752 $19,641 $84,111
2019 $1,375 $89,020 $19,641 $69,379
2018 $1,292 $85,716 $19,641 $66,075
2017 $1,281 $81,389 $17,855 $63,534
2016 $1,338 $76,695 $16,232 $60,463
2015 $1,338 $73,273 $16,232 $57,041
2014 -- $67,927 $14,115 $53,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 24-6380

APN: 012228