NOT LISTED FOR SALE

525 1st St SW Watertown, SD 57201

Estimated Value: $119,000 - $148,000

2 Beds
1 Bath
912 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $72,000 $79 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $803/month

60 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Paneling
  • Carpet

About This Home

As of November 2017

This property is to be sold as an investment property as lease is in place until 6/9/18. You won't beat this price, $81,900 with $7,290.48 back to the buyer from insurance check to replace roof. Property was updated this spring with new carpet, interior paint, new refrigerator and dishwasher. Rent collected is $850/ month. Flood insurance not needed. Listing agent is related to the seller.

Last Agent to Sell the Property

MEGAN HERR

MAINSTREAM REALTY License #16078 Listed on: 08/28/2017

Last Buyer's Agent

Joel Willette

HAUGAN NELSON REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1906

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 50x82.5

Parking

  • No Garage

Home Design

  • Plaster Walls
  • Asphalt Roof

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Watertown Elementary School
  • Watertown High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10640

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: 50x82.5
  • Directions: across the street from Nelson park off of South Broadway.
  • Year Built: 1906
  • General Property Description:Style2: Other
  • General Property Description:Above Grade Sq Ft: 912.0
  • General Property Description:Waterfront YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Description:Stories2: 1.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Linoleum, Laminate
  • Stories: 1
  • General Property Description:Basement: Crawl
  • Floor:Carpet: Yes
  • Floor:Linoleum: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Stove: Yes
  • Wall:Plaster: Yes
  • Appliances:Oven: Yes
  • Floor:Laminate: Yes
  • Wall:Panel: Yes

Exterior Features

  • Roof: Asphalt
  • Roof:Asphalt: Yes
  • Wall:Sheet Rock: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type2: None
  • General Property Description:Garage Remarks2: None

Utilities

  • Utilities:Air: Central
  • Utilities:Water Heater Type: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Watertown
  • High School: Watertown
  • General Property Description:Elementary School: Watertown
  • General Property Description:High School: Watertown

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 10640
  • ResoLotSizeUnits: Acres
  • General Property Description:Lot Size2: 50x82.5
  • General Property Description:Acres2: 0.01

Tax Info

  • Tax Annual Amount: 773.0
  • Tax Year: 2017
  • Location Tax and Other Information:Tax Year2: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 15, 2017
Bought by
Bluegrass Properties Llc
Seller's Agent
MEGAN HERR
MAINSTREAM REALTY
Buyer's Agent
Joel Willette
HAUGAN NELSON REALTY, INC
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Current Estimated Value
$134,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,939
Avg. Annual Appreciation
8.21%
Source: Public Records

Range of Values:

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Average Value
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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
Bluegrass Properties Llc $71,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2017 11/15/17 Sold $72,000 -15.3% $79 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $85,000 +23.2% $93 / Sq Ft
09/17/2013 09/17/13 Sold $69,000 -2.8% $76 / Sq Ft View Prior Sale
08/31/2013 08/31/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $71,000 -- $78 / Sq Ft
Source: Northeast South Dakota 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 $1,162 $87,870 $22,867 $65,003
2024 $1,173 $87,870 $22,867 $65,003
2023 $1,014 $82,696 $20,788 $61,908
2022 $987 $67,249 $17,323 $49,926
2021 $1,002 $63,297 $15,748 $47,549
2020 $933 $63,297 $15,748 $47,549
2019 $902 $58,552 $13,694 $44,858
2018 $808 $56,231 $12,680 $43,551
2017 $773 $50,913 $11,321 $39,592
2016 $791 $46,285 $10,292 $35,993
2015 $791 $43,307 $9,028 $34,279
2014 -- $43,307 $9,028 $34,279
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MEGAN HERR

    MAINSTREAM REALTY

  • Joel Willette

    Buyer's Agent in 2017

    Joel Willette

    HAUGAN NELSON REALTY, INC

    (605) 880-0185

    91 in this area

    114 Total Sales

    Joel Willette
    Section Image
  • Joe Snyder

    Seller's Agent in 2013

    Joe Snyder

    DIAMOND REALTY

    (605) 868-2598

    154 in this area

    174 Total Sales

    Joe Snyder
    Section Image

  • M

    Buyer's Agent in 2013

    MICHAEL LAWRENCE

    EXIT REALTY CONNECTION

See All Agents

Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 37-219

APN: 010640

South Dakota Codington County Watertown 57201

525 1st St SW, Watertown, SD

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