NOT LISTED FOR SALE

508 E 2nd St Dell Rapids, SD 57022

Estimated Value: $321,000 - $401,000

4 Beds
2 Baths
1,244 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 508 E 2nd St, Dell Rapids, SD 57022 and is currently estimated at $347,616, approximately $279 per square foot. 508 E 2nd St is a home located in Minnehaha County with nearby schools including Dell Rapids Elementary School, Dell Rapids Middle School, and Dell Rapids High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Blair Marlene Pearl and Erickson Marlene
Bought by
Welbig Nicholas and Welbig Macy
Current Estimated Value
$347,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,005
Outstanding Balance
$302,134
Interest Rate
6.88%
Estimated Equity
$45,482

Purchase Details

Closed on
Nov 22, 2023
Sold by
Erickson Lyle and Erickson Y
Bought by
Erickson Marlene and Erickson Y

Purchase Details

Closed on
Jan 25, 2021
Sold by
Walstrom Nathan A and Walstrom Beth A
Bought by
Erickson Marlene Pearl and Erickson Lyle Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
Welbig Nicholas $316,500 Stewart Title Co
Welbig Nicholas $316,500 Stewart Title Co
Erickson Marlene -- --
Erickson Marlene Pearl $237,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welbig Nicholas $307,005
Closed Welbig Nicholas $307,005
Previous Owner Erickson Marlene Pearl $189,600
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 $3,585 $265,200 $20,400 $244,800
2023 $3,020 $211,800 $20,400 $191,400
2022 $3,195 $211,800 $20,400 $191,400
2021 $2,714 $174,400 $0 $0
2020 $2,714 $168,800 $0 $0
2019 $2,693 $171,835 $0 $0
2018 $2,625 $162,315 $0 $0
2017 $2,416 $158,443 $17,768 $140,675
2016 $2,416 $143,365 $17,768 $125,597
2015 $2,442 $138,710 $17,767 $120,943
2014 -- $129,316 $17,767 $111,549
Source: Public Records

Map

South Dakota Minnehaha County Dell Rapids 57022

508 E 2nd St, Dell Rapids, SD

Not Listed for Sale

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