NOT LISTED FOR SALE

521 E Saint Patrick St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $233,619 - $276,000

Studio
2 Baths
768 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $139,500 $182 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,558/month

1 Day on Market

About This Home

As of June 2019

Listed by Michael Warwick, Great Peaks Realty, 605-641-2569. Co-listed by Heath Gran, Great Peaks Realty, 605-209-2052. Newly Remolded! Great investment property or starter home! Like new property, everything has been updated, kitchens, bathrooms, heating, electrical, floors, Etc! Great rental property. Two rental agreements 1) $695 per month tenant pays utilities. 2) $840 per month landlord pays gas, electric and city water.

Last Agent to Sell the Property

Michael Warwick

Great Peaks Realty License #17157 Listed on: 05/15/2019

Co-Listed By

Heath Gran

Great Peaks Realty License #12630

Last Buyer's Agent

Daneen Jacquot

South Dakota Properties License #13136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Lot Details

  • 6,534 Sq Ft Lot
  • Subdivision Possible

Home Design

  • 768 Sq Ft Home
  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • 12 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Basement Substructure: Full Basement
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 768
  • Style: Side/Side
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Community Entrance
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: Vinyl Siding

Garage/Parking

  • Parking: Paved, Street Parking

Utilities

  • Heating: Natural Gas, Forced Air

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.15

Rental Info

  • Type of Tenancy: One Year Lease, Six Month Lease

Tax Info

  • RE Taxes: 1444.14
  • Re Tax Year: 18

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 10, 2019
Bought by
Gwinn Justin M and Gwinn Sarah A
Seller's Agent
Michael Warwick
Great Peaks Realty
Buyer's Agent
Daneen Jacquot
South Dakota Properties
List Price
$149,000
Sold Price
$139,500
Premium/Discount to List
-$9,500
-6.38%
Current Estimated Value
$258,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,155
Avg. Annual Appreciation
9.89%
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
Gwinn Justin M $139,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $139,500 -6.4% $182 / Sq Ft
05/15/2019 05/15/19 For Sale $149,000 -- $194 / 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 $2,477 $197,600 $52,800 $144,800
2024 $2,477 $180,700 $48,000 $132,700
2023 $2,454 $173,000 $41,800 $131,200
2022 $1,803 $146,900 $36,300 $110,600
2021 $1,823 $133,000 $36,300 $96,700
2020 $1,728 $122,100 $36,300 $85,800
2019 $1,464 $84,300 $31,600 $52,700
2018 $1,399 $83,200 $31,600 $51,600
2017 $1,450 $81,500 $31,600 $49,900
2016 $1,545 $79,600 $31,600 $48,000
2015 $1,545 $80,800 $31,600 $49,200
2014 $1,565 $79,700 $31,600 $48,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Warwick

    Seller's Agent in 2019

    Michael Warwick

    Great Peaks Realty

    (605) 641-2569

    7 in this area

    581 Total Sales

    Michael Warwick
    Section Image
  • Heath Gran

    Seller Co-Listing Agent in 2019

    Heath Gran

    Great Peaks Realty

    (605) 209-2052

    5 in this area

    985 Total Sales

    Heath Gran
    Section Image
  • Daneen Jacquot

    Buyer's Agent in 2019

    Daneen Jacquot

    South Dakota Properties

    (605) 484-7832

    19 in this area

    377 Total Sales

    Daneen Jacquot
    Section Image
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 61359

Mount Rushmore Area Association of REALTORS®

APN: 0028910

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

521 E Saint Patrick St, Rapid City, SD

Not Listed for Sale

MultiFamily

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