NOT LISTED FOR SALE

518 E Philadelphia St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $208,000 - $230,000

-- Bed
2 Baths
900 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $186,000 $207 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,414/month

163 Days on Market

About This Home

As of October 2023

For more information, please contact listing agent Ty McGinnis 605-645-5214 with Great Peaks Realty. Here is your chance to own a newly updated home in Rapid City. 2 Bedroom, 1 bath on the main floor. The basement offers 1 bed/1 bath with separate entrance. This home features a fenced in front and back yard with a detached garage. Use this as an investment property or a primary home. Call today, this property won't last long

Last Agent to Sell the Property

Ty McGinnis

Great Peaks Realty License #17161 Listed on: 04/19/2023

Last Buyer's Agent

HOLLY HULTGREN

Keller Williams Realty Black Hills SP License #15185

Keller Williams Realty Black Hills SP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1949

Lot Details

  • Subdivision Possible

Parking

  • Assigned Parking

Home Design

  • 900 Sq Ft Home
  • Frame Construction

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Mini Split Heat Pump

Listing and Financial Details

  • The owner pays for water/sewer

Community Details

Overview

  • 1,796 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,308

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Personal Property: Refrigerator
  • Special Assessment: 15.68
  • Sq Ft Above Grade: 900
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Year Built: 1949
  • Estimated Building Sq Ft: 1796
  • Includes: Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1796

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Assigned

Utilities

  • Cooling: Refrig. C/Air
  • Heating: Electric, Forced Air, MiniSplit

Schools

  • School District: Rapid City
  • School District: Rapid City

Lot Info

  • Lot Size: .12

Rental Info

  • Pets Allowed: Yes
  • Owner Pays: Water/Sewer
  • Type of Tenancy: Negotiable

Tax Info

  • RE Taxes: 2307.90
  • Re Tax Year: 22

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Oct 31, 2023
Seller's Agent
Ty McGinnis
Great Peaks Realty
Buyer's Agent
HOLLY HULTGREN
Keller Williams Realty Black Hills SP
List Price
$200,000
Sold Price
$186,000
Premium/Discount to List
-$14,000
-7%
Views
332
Current Estimated Value
$220,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,154
Avg. Annual Appreciation
10.28%
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
-- $186,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $186,000 -13.5% $207 / Sq Ft
04/19/2023 04/19/23 Price Changed $215,000 +7.5% $239 / Sq Ft
04/19/2023 04/19/23 For Sale $200,000 +66.7% $222 / Sq Ft
08/30/2019 08/30/19 Sold $120,000 -7.6% --
08/21/2019 08/21/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $129,900 -13.3% --
04/28/2019 04/28/19 Price Changed $149,900 -6.3% --
02/02/2019 02/02/19 For Sale $159,900 +77.7% --
04/22/2016 04/22/16 Sold $90,000 -5.2% $50 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $94,900 -- $53 / 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 $2,605 $186,500 $30,100 $156,400
2024 $2,605 $190,400 $30,100 $160,300
2023 $2,599 $183,600 $23,500 $160,100
2022 $2,308 $152,000 $21,300 $130,700
2021 $2,038 $122,300 $22,800 $99,500
2020 $2,040 $118,500 $22,800 $95,700
2019 $1,682 $99,900 $22,800 $77,100
2018 $1,564 $96,000 $22,800 $73,200
2017 $1,365 $91,500 $22,800 $68,700
2016 $1,480 $93,700 $22,800 $70,900
2015 $1,480 $99,200 $26,000 $73,200
2014 $1,291 $84,700 $26,000 $58,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Ty McGinnis

    Great Peaks Realty

    (605) 645-5214

    1 in this area

    40 Total Sales

    Ty McGinnis
    Section Image
  • HOLLY HULTGREN

    Buyer's Agent in 2023

    HOLLY HULTGREN

    Keller Williams Realty Black Hills SP

    (605) 545-1943

    3 in this area

    71 Total Sales

    HOLLY HULTGREN
    Section Image
  • AMANDA THUNE

    Seller's Agent in 2019

    AMANDA THUNE

    MINDFUL LIVING REALTY

    (605) 430-2758

    5 in this area

    33 Total Sales

    AMANDA THUNE
    Section Image

  • B

    Buyer's Agent in 2019

    BUYER UNREPRESENTED

    FOR SALE BY OWNER

  • J

    Seller's Agent in 2016

    JEREMY KAHLER

    INACTIVE OFFICE

    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 75713

Mount Rushmore Area Association of REALTORS®

APN: 0031129

South Dakota Pennington County Rapid City 57701 North Rapid City

518 E Philadelphia St, Rapid City, SD

This home is located at 518 E Philadelphia St, Rapid City, SD 57701 since 19 April 2023 and is currently estimated at $220,154, approximately $244 per square foot. This property was built in 1949. 518 E Philadelphia 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.

Mount Rushmore Area 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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