NOT LISTED FOR SALE

509 St Cloud St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $227,000 - $252,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $154,000

Est. 54% increase in value since last sale

Current estimated payment $1,422/month

Highlights

  • Public Water Access
  • Forced Air Heating and Cooling System
  • Private Entrance
  • City View
  • Garage
  • Fenced

About This Home

As of October 2020

Great investment property. Upper level features hardwood floors, two bedrooms, bathroom, large kitchen and open floor plan. Lower unit features a single bedroom, bath, and an open kitchen area. Plenty of room for extra storage in shared laundry area. Fenced backyard and a single car garage. Off street parking in the alley.

Last Agent to Sell the Property

David Brenneman

COLDWELL BANKER BLACK HILLS LEGACY Listed on: 06/17/2020

COLDWELL BANKER BLACK HILLS LEGACY

Last Buyer's Agent

PETE JENSEN

INACTIVE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1941

Lot Details

  • Private Entrance
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Hardboard
  • Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Public Water Access
  • Basement

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 2 Units
  • Flormann Subdivision

Building Details

  • Gross Income $1,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,274

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 06/17/2020
  • View: City
  • Year Built: 1941
  • Safety Features: Smoke Detectors
  • Includes: Refrigerator, Range/Oven, Washer, Dryer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: +
  • Total Sq Ft: +

Exterior Features

  • Construction: Hardboard, Stucco
  • Foundation: Basement, Concrete Block
  • Roof: Composition

Garage/Parking

  • Parking: Garage

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .09
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Month to Month, 1 Year Lease

Tax Info

  • Year: 2019
  • Taxes: 2273.52

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Fenced Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Oct 28, 2020
Bought by
Gildemeister Kirstie
Seller's Agent
David Brenneman
COLDWELL BANKER BLACK HILLS LEGACY
Buyer's Agent
PETE JENSEN
INACTIVE OFFICE
List Price
$167,000
Sold Price
$154,000
Premium/Discount to List
-$13,000
-7.78%
Current Estimated Value
$237,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,522
Avg. Annual Appreciation
9.05%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Gildemeister Kirstie $154,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $154,000 -3.7% --
08/19/2020 08/19/20 Price Changed $159,900 -1.3% --
07/07/2020 07/07/20 Price Changed $162,000 -3.0% --
06/17/2020 06/17/20 For Sale $167,000 +15.3% --
08/03/2018 08/03/18 Sold $144,900 0.0% $126 / Sq Ft View Prior Sale
06/07/2018 06/07/18 For Sale $144,900 +31.7% $126 / Sq Ft
01/22/2018 01/22/18 Sold $110,000 -24.1% $79 / Sq Ft View Prior Sale
01/02/2018 01/02/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $145,000 -- $104 / Sq Ft
Source: Black Hills 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 $2,152 $199,000 $39,500 $159,500
2024 $2,152 $193,100 $37,700 $155,400
2023 $2,154 $188,900 $37,700 $151,200
2022 $2,181 $177,700 $30,600 $147,100
2021 $2,538 $152,800 $30,600 $122,200
2020 $2,248 $130,900 $32,300 $98,600
2019 $2,223 $132,000 $29,500 $102,500
2018 $1,914 $127,400 $29,500 $97,900
2017 $1,902 $112,400 $29,500 $82,900
2016 $2,037 $105,200 $29,500 $75,700
2015 $2,037 $107,300 $29,500 $77,800
2014 $2,025 $103,800 $29,500 $74,300
Source: Public Records

Agents Affiliated with this Home

  • David Brenneman

    Seller's Agent in 2020

    David Brenneman

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 415-0044

    9 in this area

    114 Total Sales

    David Brenneman
    Section Image

  • P

    Buyer's Agent in 2020

    PETE JENSEN

    INACTIVE OFFICE

    Section Image
  • Matthew Senftner

    Seller's Agent in 2018

    Matthew Senftner

    EXP REALTY

    (605) 389-1314

    4 in this area

    76 Total Sales

    Matthew Senftner
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Joe Bennington

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 149938

Black Hills Association of REALTORS®

APN: 0023330

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

509 St Cloud St, Rapid City, SD

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