NOT LISTED FOR SALE

510 E Chicago St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $241,000 - $265,999

5 Beds
2 Baths
1,318 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $136,000 $103 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,566/month

Highlights

  • Public Water Access
  • Interior Lot
  • Private Entrance
  • City View
  • Window Unit Cooling System
  • Space Heater

About This Home

As of May 2020

Calling investors! This triplex property offers a unique opportunity with a main home that is an up/down duplex, and a separate rearhome. *Main floor unit is 2 bedrooms, 1 bathroom and a comfortable living room and kitchen. Lots of windows throughout allow plenty of natural light in. Access this unit through the front or back entrances. *Basement unit offers 2 bedrooms (NTC for windows), 1 bathroom and an eat in kitchen. *The rear unit is separate from the other two and offers an efficiency set up, a cozy kitchen and 1 bathroom. Property has a spacious yard and parking in the rear alley or infront. Located close to shopping and restaurants and an easy drive to downtown, call to see today. Listed by Jeremy Kahler, KWBH (605) 381-7500.

Last Agent to Sell the Property

JEREMY KAHLER

INACTIVE OFFICE Listed on: 03/20/2020

INACTIVE OFFICE

Last Buyer's Agent

Scott Henrikson

KELLER WILLIAMS REALTY BLACK HILLS

KELLER WILLIAMS REALTY BLACK HILLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1940

Lot Details

  • Private Entrance
  • Interior Lot

Home Design

  • Triplex
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,318 Sq Ft Home
  • City Views
  • Basement

Outdoor Features

  • Public Water Access

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Public Septic

Community Details

  • 3 Units
  • Blakes Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,662

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: Up & Down
  • Lvt Date: 03/20/2020
  • View: City
  • Year Built: 1940
  • Includes: Some Units, Refrigerator, Range/Oven, Dishwasher
  • Miscellaneous: Dead Bolt Locks
  • Agent Only_ L A1 User Code: 712
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 1318
  • Total Sq Ft: 1318

Exterior Features

  • Construction: Metal/Vinyl
  • Foundation: Basement
  • Roof: Composition

Utilities

  • Air Conditioner: Electric, Window
  • Heating: Gas, Space Heater
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .2
  • Lot Type: Flat, Interior
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: 1 Year Lease
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2019
  • Taxes: 1,662.08

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Hookups

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
May 19, 2020
Bought by
Greenway Properties Llc
Seller's Agent
JEREMY KAHLER
INACTIVE OFFICE
Buyer's Agent
Scott Henrikson
KELLER WILLIAMS REALTY BLACK HILLS
List Price
$147,000
Sold Price
$136,000
Premium/Discount to List
-$11,000
-7.48%
Current Estimated Value
$256,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,333
Avg. Annual Appreciation
13.33%
Source: Public Records

Range of Values:

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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
Greenway Properties Llc $136,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $136,000 -7.5% $103 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $147,000 -- $112 / 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 $2,399 $171,500 $41,800 $129,700
2024 $2,399 $174,500 $41,800 $132,700
2023 $2,313 $162,500 $32,100 $130,400
2022 $2,068 $136,200 $29,200 $107,000
2021 $2,198 $131,400 $26,000 $105,400
2020 $1,753 $101,100 $26,000 $75,100
2019 $1,637 $96,500 $26,000 $70,500
2018 $1,525 $92,800 $26,000 $66,800
2017 $1,656 $88,600 $26,000 $62,600
2016 $1,778 $90,700 $26,000 $64,700
2015 $1,778 $92,800 $26,000 $66,800
2014 $1,581 $80,200 $26,000 $54,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JEREMY KAHLER

    INACTIVE OFFICE

    Section Image
  • Scott Henrikson

    Buyer's Agent in 2020

    Scott Henrikson

    KELLER WILLIAMS REALTY BLACK HILLS

    (970) 556-4513

    30 in this area

    145 Total Sales

    Scott Henrikson
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 148361

Black Hills Association of REALTORS®

APN: 0020384

South Dakota Pennington County Rapid City 57701 North Rapid City

510 E Chicago St, Rapid City, SD

This home is located at 510 E Chicago St, Rapid City, SD 57701 since 20 March 2020 and is currently estimated at $256,333, approximately $194 per square foot. This property was built in 1940. 510 E Chicago St is a home located in Pennington County with nearby schools including Valley View Elementary School, East Middle School - 30, and Central High School.

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.

Black Hills 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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