NOT LISTED FOR SALE

518 E Watertown St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $91,217 - $231,000

0.24 Acre
$671,288 Price per Acre
10,454 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $75,000

Est. 19% increase in value since last sale

Current estimated payment $544/month

153 Days on Market

About This Lot

As of December 2021

General Commercial zoned corner lot with a 4 year daily traffic count average of 18,000+ per day. Flat and ready to build on. See General Commercial zoning ordinance in associated docs. Listed by Tony Marshall, CINC Realty, LLC, 605-391-8669.

Last Agent to Sell the Property

Tony Marshall

CINC REALTY LLC Listed on: 05/27/2021

Last Buyer's Agent

Tony Marshall

CINC REALTY LLC Listed on: 05/27/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,232

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned General Commercial

Home Design

  • Planned Development

Community Details

  • Schnasse Add Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,232

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Commercial
  • Lvt Date: 05/28/2021
  • Access: Public
  • Special Directions: Northwest corner of LaCrosse and E. Watertown.
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electricity: BHE Company

Lot Info

  • Lot Size: .24
  • Number Of Acres: 0.24
  • Zoning: General Commercial
  • Land Description: Corner Lot
  • Size Of Lot: Less than .5 Acre
  • Topography: Level
  • Type Of Lot: Building Site, Development Property, Flat, Corner

Tax Info

  • Year: 2020
  • Taxes: 1232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Dec 10, 2021
Bought by
Elh Llc
Seller's Agent
Tony Marshall
CINC REALTY LLC
Buyer's Agent
Tony Marshall
CINC REALTY LLC
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$89,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,079
Avg. Annual Appreciation
20.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elh Llc $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $75,000 -24.9% --
05/27/2021 05/27/21 For Sale $99,900 -- --
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 $985 $72,100 $72,100 $0
2024 $981 $72,100 $72,100 $0
2023 $1,019 $72,100 $72,100 $0
2022 $1,095 $72,100 $72,100 $0
2021 $1,196 $72,100 $72,100 $0
2020 $1,236 $72,100 $72,100 $0
2019 $1,256 $72,100 $72,100 $0
2018 $1,224 $72,100 $72,100 $0
2017 $1,253 $72,100 $72,100 $0
2016 $1,316 $69,500 $69,500 $0
2015 $1,316 $69,500 $69,500 $0
2014 $1,352 $69,500 $69,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Marshall

    Seller's Agent in 2021

    Tony Marshall

    CINC REALTY LLC

    (605) 391-8669

    12 in this area

    82 Total Sales

    Tony Marshall
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 154435

Black Hills Association of REALTORS®

APN: 0030967

South Dakota Pennington County Rapid City 57701 North Rapid City

518 E Watertown St, Rapid City, SD

Not Listed for Sale

Lots

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