$248,000
SOLD OCT 24, 2024

5240 Albert Ln Rapid City, SD 57703

4 Beds
2 Baths
1,370 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

  • Deck
  • Lawn
  • Landscaped with Trees
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2024

Check out this ranch style, 1,560 sq. ft., 4 bed, 2 bath, 2 car oversized garage home located in Rapid Valley. The main level has living/dining room area with a large bay window providing an abundance of natural light. It also has solid wood doors, 2 bedrooms, a shared bathroom, kitchen with breakfast bar, tiled backsplash, appliances included (electric stove, refrigerator, mounted microwave, dishwasher), and patio sliding glass door to the 12x10 deck/fenced backyard. The basement has a spacious family room, shared bathroom (remodeled walls, floors, and sink/vanity), 2 bedrooms (one not to code and the other is partially finished. The 26x26 detached garage has a huge of possibilities. Updates include a new roof and AC unit in 2019, new water heater in 2021, and new furnace in 2023. Nestled on a corner lot the owners loved the neighbors and proximity to Ellsworth AFB & downtown Rapid City. Did we mention the fenced yard? The home is being sold AS IS.

Last Agent to Sell the Property

Lorenzo Bell-Thomas

Century 21 Clearview Realty License #15948 Listed on: 09/06/2024

Century 21 Clearview Realty

Last Buyer's Agent

Christopher Quail

RE/MAX Advantage License #16009

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Landscaped with Trees
  • Lawn
  • Subdivision Possible

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Built
  • Estimated Total Finished Sq Ft: 1370
  • Basement Bathrooms: 1
  • Finished Basement Sq Ft: 590
  • Basement Laundry: Y
  • Basement Bedrooms: 1
  • Basement Substructure: Full Basement, Partial Finished
  • Basement Total Sq Ft: 780
  • Estimated Size Bedroom 2: 10x9
  • Estimated Size Bedroom 3: 15x8
  • Estimated Size Bedroom 4: 10x9
  • Deck Comments: 12x10
  • Deck: Yes
  • Family Room Estimated Size: 18x11
  • Family Gr Level: B
  • Full Three Quarter Bathrooms: 2
  • Estimated Kitchen Size: 13x9
  • Estimated Living Room Size: 16x11
  • Living Rm Level: M
  • Main Level Fin Sq Ft: 780
  • Main Level Total Sq Ft: 780
  • Estimated Primary Bedroom Size: 11x9
  • Master Bedrm Level: M
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Microwave
  • Safety Features: Smoke Detectors
  • Sq Ft Above Grade: 1560
  • Style: Ranch
  • Subdivision Yn: Yes
  • Systems: 220V Service, Breaker
  • Utilities Cable: Connected
  • Utilities Electric: WREA
  • Utilities Gas: MDU
  • Warranty Program: As Is
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Yes
  • Estimated Sq Ft: 1500 - 1999
  • Estimated Total Sq Ft: 1560
  • Bedroom 2 Level: M
  • Bedroom 3 Comments: Partially finished.
  • Bedroom 3 Level: B
  • Bedroom 4 Level: B
  • Interior: Carpet, Vinyl Flooring, Laminate Flooring, Ceiling Fan(s), Garage Door Opener
  • Kitchen Level: M
  • Laundry: Basement
  • Number Of Bedrooms: 4
  • Total Sq Ft: 1560

Exterior Features

  • Construction: Frame
  • Landscaping: Fence Metal, Fence Wood, Lawn, Trees
  • Patio Deck: Open Deck
  • Roof: Composition
  • Siding: LP Smartside

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 26x26
  • Garage: Two Car
  • Garage Spaces: 2 Stalls
  • Garage Type: Detached

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Forced Air
  • Utilities Sewer: City
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acreage: Less than 0.5
  • Flood Plain: Unknown
  • Lot Size: .22
  • Number Of Acres: 0.22

Tax Info

  • RE Taxes: 2,946.12
  • Re Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Feb 27, 2019
Bought by
Justin Jude D and Jude Hannah M
Seller's Agent
Seth Malott
CENTURY 21 CLEARVIEW REALTY
Buyer's Agent
MARY PRESTON
INACTIVE OFFICE
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$261,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,210
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 23, 2014
Sold by
Robertson Thomas L and Robertson Sherri A
Bought by
Galvan Tyler M and Galvan Britney
Seller's Agent
Daneen Jacquot
SOUTH DAKOTA PROPERTIES
Buyer's Agent
Seth Malott
CENTURY 21 CLEARVIEW REALTY
List Price
$163,000
Sold Price
$162,000
Premium/Discount to List
-$1,000
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$165,483
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Listed on
May 15, 2012
Closed on
Jul 3, 2012
Sold by
Lively Jeffrey J and Lively Sarah J
Bought by
Robertson Thomas L and Robertson Sherri A
Seller's Agent
KATHY LILYA
INACTIVE OFFICE
Buyer's Agent
Daneen Jacquot
SOUTH DAKOTA PROPERTIES
List Price
$143,500
Sold Price
$145,000
Premium/Discount to List
$1,500
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$147,959
Interest Rate
3.65%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $185,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,483 VA
Previous Owner $147,959 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $248,000 -6.4% $181 / Sq Ft
09/06/2024 09/06/24 For Sale $264,900 +43.2% $193 / Sq Ft
02/28/2019 02/28/19 Sold $185,000 -2.6% $119 / Sq Ft
01/04/2019 01/04/19 For Sale $189,900 +17.2% $122 / Sq Ft
07/23/2014 07/23/14 Sold $162,000 -0.6% $104 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $163,000 +12.4% $104 / Sq Ft
07/26/2012 07/26/12 Sold $145,000 +1.0% $93 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $143,500 -- $92 / 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 $2,675 $290,200 $58,100 $232,100
2024 $2,675 $257,800 $48,400 $209,400
2023 $2,946 $278,400 $48,400 $230,000
2022 $2,581 $224,200 $40,300 $183,900
2021 $2,666 $208,200 $40,300 $167,900
2020 $2,424 $183,100 $40,300 $142,800
2019 $2,052 $157,000 $32,600 $124,400
2018 $1,872 $152,900 $32,600 $120,300
2017 $2,005 $142,700 $32,600 $110,100
2016 $2,019 $145,500 $32,600 $112,900
2015 $2,019 $144,100 $32,600 $111,500
2014 $2,091 $144,600 $32,600 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 81681

Mount Rushmore Area Association of REALTORS®

APN: 0009072