NOT LISTED FOR SALE

511 St Andrew St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $240,000 - $278,919

3 Beds
2 Baths
1,620 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $119,000 $73 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,640/month

Highlights

  • Public Water Access
  • Private Entrance
  • Lot Has A Rolling Slope
  • City View
  • Space Heater

About This Home

As of November 2020

great income property in a good location between 5th st. and mt Rushmore rd. Many updates and renovations done inside. Property has been well maintained. Presently fully rented with good income. Plenty of parking behind the duplex.

Last Agent to Sell the Property

Larry Petters

INACTIVE OFFICE Listed on: 09/25/2020

Last Buyer's Agent

Jeffery Christians

REAL BROKER - SPEARFISH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1948

Lot Details

  • Private Entrance
  • Lot Has A Rolling Slope

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • City Views
  • Crawl Space
  • Fire and Smoke Detector

Outdoor Features

  • Public Water Access

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Public Septic

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 2 Units
  • Flormann Subdivision

Building Details

  • Gross Income $1,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 09/26/2020
  • View: City
  • Year Built: 1948
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters
  • Agent Only_ L A1 User Code: 163
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 1100
  • Total Sq Ft: 1620

Exterior Features

  • Construction: Wood
  • Foundation: Crawl Space
  • Roof: Composition

Utilities

  • Heating: Gas, Space Heater
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: owner
  • Maintenance Expense: owner
  • Management Expense: owner
  • Trash Expense: owner
  • Water Sewer Expenses: owner

Lot Info

  • Lot Size: .16
  • Lot Type: Rolling
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Month to Month, Six Month Lease
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2019
  • Taxes: 1,197.06

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Kit/DR Combo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Bought by
511 St Andrew St Rap Llc
Current Estimated Value
$261,480
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
511 St Andrew St Rap Llc $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $119,000 -7.8% $73 / Sq Ft
09/25/2020 09/25/20 For Sale $129,000 +91.1% $80 / Sq Ft
10/12/2018 10/12/18 Sold $67,500 -20.5% $42 / Sq Ft View Prior Sale
09/27/2018 09/27/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $84,900 -- $52 / 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 $3,217 $237,000 $53,800 $183,200
2024 $3,217 $235,000 $48,900 $186,100
2023 $3,230 $212,100 $42,600 $169,500
2022 $3,072 $202,300 $37,000 $165,300
2021 $2,398 $143,800 $37,000 $106,800
2020 $2,419 $140,400 $37,000 $103,400
2019 $1,866 $69,500 $32,000 $37,500
2018 $1,713 $106,300 $32,000 $74,300
2017 $1,762 $100,000 $32,000 $68,000
2016 $1,876 $96,900 $32,000 $64,900
2015 $1,876 $98,300 $32,000 $66,300
2014 $1,894 $96,600 $32,000 $64,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Larry Petters

    INACTIVE OFFICE

    Section Image
  • Jeffery Christians

    Buyer's Agent in 2020

    Jeffery Christians

    REAL BROKER - SPEARFISH

    (605) 920-0425

    15 in this area

    601 Total Sales

    Jeffery Christians
    Section Image
  • Kelly Howie

    Seller's Agent in 2018

    Kelly Howie

    RE/MAX

    (605) 209-0474

    28 in this area

    303 Total Sales

    Kelly Howie
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 151371

Black Hills Association of REALTORS®

APN: 0023611

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

511 St Andrew St, Rapid City, SD

This home is located at 511 St Andrew St, Rapid City, SD 57701 since 25 September 2020 and is currently estimated at $261,480, approximately $161 per square foot. This property was built in 1948. 511 St Andrew St is a home located in Pennington County with nearby schools including Woodrow Wilson Elementary School, South Middle School, 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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