NOT LISTED FOR SALE

515 N Rainbow Rd Unit Carlstroms Sunset 1 Spearfish, SD 57783

Estimated Value: $724,000 - $787,000

3 Beds
3 Baths
2,702 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $350,000 $130 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,382/month

193 Days on Market

Highlights

  • 2 Acre Lot
  • Multiple Fireplaces
  • Ranch Style House
  • Covered Deck
  • Vaulted Ceiling
  • Radiant Floor

About This Home

As of June 2013

Open views surround this 2 acre property, where you will find a log home, guest house, and 2 car garage. A paved drive leads to the home. Step inside, and be delighted by the wood accents and exposed beams that soar above the main level. The open design on the living room, dining room, and kitchen allow family and friends to gather comfortably. A gas fireplace serves as the focal point for the living room, with built in TV & speakers being included with the purchase. From the dining room, you can step out the garden doors to the covered patio. Preparing a delicious meal will be a pleasure in the kitchen with granite countertops and tiled flooring. Buyer responsible for verifying all information on this MLS document. Measurements are approximate and square footage is taken from the court house.

Last Agent to Sell the Property

Marysia McDowall

RE/MAX In The Hills License #00004223 Listed on: 10/18/2012

RE/MAX In The Hills

Last Buyer's Agent

Michael Konstant

Konstant Real Estate License #13910

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1993

Lot Details

  • 2 Acre Lot
  • Landscaped with Trees
  • Lawn

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,702 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Loft
  • Workshop
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Propane
  • Well
  • On Site Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,785

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 2702
  • Basement Substructure: Slab
  • Estimated Size Bedroom 2: 14x17
  • Estimated Size Bedroom 3: 11x11
  • Deck Comments: 17x6 covered
  • Deck: Yes
  • Estimated Dining Room Size: 12x11
  • Dining Room Comments: Vault/beams, patio access
  • Dining Rm Level: M
  • Family Room Estimated Size: 12x17
  • Family Gr Comments: Gas frplc, in guest house
  • Family Gr Level: M
  • Full Three Quarter Bathrooms: 3
  • Estimated Kitchen Size: 11x14
  • Estimated Living Room Size: 26x24
  • Living Rm Comments: Vault/beams,gas fireplace
  • Living Rm Level: M
  • Main Level Bathrooms: 2
  • Main Level Laundry: Y
  • Main Level Number Bedrooms: 2
  • Estimated Primary Bedroom Size: 12x26
  • Master Bedrm Comments: WIC, step in shower
  • Master Bedrm Level: M
  • Primary Bedroom Bath: Yes
  • Other Rm1 Approx Size: 9x11
  • Other Rm1 Comments: Office/main house
  • Other Rm1 Level: M
  • Other Rm2 Approx Size: 24x8
  • Other Rm2 Comments: reading balcony
  • Other Rm2 Level: U
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Microwave, Trash Compactor
  • Sq Ft Above Grade: 2702
  • Style: Ranch
  • Upper Level Number of Bedrooms: 1
  • Utilities Gas: Propane Tank Leased
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Two, Gas Log, In Living Room, In Family Room
  • Estimated Sq Ft: 2500 - 2999
  • Estimated Total Sq Ft: 2702
  • Bedroom 2 Comments: Great closet storage
  • Bedroom 2 Level: M
  • Bedroom 3 Comments: In guest house
  • Bedroom 3 Level: U
  • Interior: Carpet, Tile Floors, Vinyl Flooring, Vaulted Ceiling(s), Walk-In Closets, Ceiling Fan(s), Garage Door Opener
  • Kitchen Comments: Vault, granite & tile
  • Kitchen Level: M
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 3
  • Other Rooms: Loft, Workshop
  • Total Sq Ft: 2702

Exterior Features

  • Construction: Frame, Log
  • Landscaping: Lawn, Rock, Trees
  • Exterior: Paved Street, Shed, Outbuildings
  • Patio Deck: Covered Patio, Covered Deck
  • Roof: Composition
  • Siding: Wood Siding, Log Siding

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Size: 24x26
  • Garage: Two Car

Utilities

  • Air Conditioner: Yes
  • Average Electric: $137
  • Cooling: Refrig. C/Air
  • Heating: Propane, Forced Air, Radiant Floor
  • Utilities Sewer: Septic
  • Water: Well

Schools

  • School District: Spearfish

Lot Info

  • Acreage: 1.1 - 5
  • Lot Description: View Lot
  • Number Of Acres: 2

Tax Info

  • RE Taxes: 3785
  • Re Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jun 14, 2013
Sold by
Meyer Charles E and Meyer Catherine A
Bought by
Schamber Victor R and Schamber Myrna V
Seller's Agent
Marysia McDowall
RE/MAX In The Hills
Buyer's Agent
Michael Konstant
Konstant Real Estate
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Current Estimated Value
$744,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,859
Avg. Annual Appreciation
6.21%
Original Mortgage
$150,000
Outstanding Balance
$33,727
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$711,132
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schamber Victor R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schamber Victor R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2013 06/13/13 Sold $350,000 -9.1% $130 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $385,000 -- $142 / Sq Ft
Source: Mount Rushmore Area 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 $5,611 $639,890 $81,000 $558,890
2024 $5,611 $597,630 $55,000 $542,630
2023 $4,251 $417,210 $54,000 $363,210
2022 $4,159 $374,200 $44,000 $330,200
2021 $4,093 $374,200 $0 $0
2019 $3,994 $344,180 $44,000 $300,180
2018 $3,997 $340,100 $0 $0
2017 $3,955 $340,100 $0 $0
2016 $4,144 $340,100 $0 $0
2015 $4,144 $336,060 $0 $0
2014 $4,170 $330,140 $0 $0
2013 -- $220,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 40115

Mount Rushmore Area Association of REALTORS®

APN: 21400-00603-171-10