NOT LISTED FOR SALE

507 E Jefferson St Elk Point, SD 57025

Estimated Value: $175,000 - $250,000

4 Beds
2 Baths
1,520 Sq Ft
$140/Sq Ft Est. Value

About This Home

This home is located at 507 E Jefferson St, Elk Point, SD 57025 and is currently estimated at $212,514, approximately $139 per square foot. 507 E Jefferson St is a home located in Union County with nearby schools including Elk Point-Jefferson Elementary School, Elk Point-Jefferson Middle School, and Elk Point-Jefferson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Jacoby Michael L
Bought by
Schurman Christopher N and Schurman Tammy L
Current Estimated Value
$212,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$101,074
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$111,440

Purchase Details

Closed on
Nov 1, 2019
Sold by
Holmes Mark A and Holmes Irma O
Bought by
Jacoby Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2008
Sold by
Jacoby Eric and Jacoby Michele
Bought by
Holmes Mark A and Holmes Irma O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
5.88%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schurman Christopher N $138,000 None Available
Jacoby Michael L $140,000 None Available
Holmes Mark A $92,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schurman Christopher N $111,000
Closed Schurman Christopher N $111,000
Previous Owner Jacoby Michael L $137,464
Previous Owner Holmes Mark A $90,000
Previous Owner Holmes Mark A $87,875
Previous Owner Jacoby Eric L $89,600
Source: Public Records

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
2024 $2,421 $142,907 $16,520 $126,387
2023 $2,578 $142,907 $16,520 $126,387
2022 $2,233 $140,756 $14,369 $126,387
2021 $2,187 $118,527 $12,495 $106,032
2020 $2,009 $113,483 $12,495 $100,988
2019 $1,878 $108,084 $11,900 $96,184
2018 $1,883 $103,509 $11,900 $91,609
2017 $1,874 $103,509 $0 $103,509
2016 $2,030 $101,770 $0 $101,770
2015 $2,030 $101,770 $0 $101,770
2014 $2,105 $101,770 $0 $101,770
2013 $2,017 $97,490 $0 $97,490
2012 $2,017 $97,490 $11,900 $85,590
Source: Public Records

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