5500 W 56th St Sioux Falls, SD 57106
Southwest Sioux Falls NeighborhoodEstimated Value: $276,000 - $320,000
4
Beds
2
Baths
1,370
Sq Ft
$220/Sq Ft
Est. Value
About This Home
This home is located at 5500 W 56th St, Sioux Falls, SD 57106 and is currently estimated at $301,367, approximately $219 per square foot. 5500 W 56th St is a home located in Minnehaha County with nearby schools including John F. Kennedy Elementary School, Edison Middle School, and Roosevelt High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2025
Sold by
Rokusek Homes Inc
Bought by
Laverty Ethan and Laverty Kelsie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,030
Outstanding Balance
$288,481
Interest Rate
6.65%
Estimated Equity
$12,886
Purchase Details
Closed on
Oct 27, 2021
Sold by
Martin Damian M and Martin Veronica
Bought by
Martin Damian M and Martin Veronica
Purchase Details
Closed on
Apr 30, 2021
Sold by
Honkamp Jim M and Honkamp Monica L
Bought by
Martin Damian M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Laverty Ethan | $299,000 | -- | |
| Laverty Ethan | $299,000 | -- | |
| Martin Damian M | -- | Stewart Title Company | |
| Martin Damian M | $225,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laverty Ethan | $290,030 | |
| Closed | Laverty Ethan | $14,501 | |
| Closed | Laverty Ethan | $290,030 |
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 |
|---|---|---|---|---|
| 2024 | $3,169 | $239,700 | $30,500 | $209,200 |
| 2023 | $3,281 | $230,600 | $30,500 | $200,100 |
| 2022 | $2,896 | $191,100 | $30,500 | $160,600 |
| 2021 | $2,633 | $163,400 | $0 | $0 |
| 2020 | $2,633 | $166,500 | $0 | $0 |
| 2019 | $2,533 | $157,189 | $0 | $0 |
| 2018 | $2,342 | $151,016 | $0 | $0 |
| 2017 | $2,168 | $145,873 | $27,560 | $118,313 |
| 2016 | $2,168 | $134,729 | $27,560 | $107,169 |
| 2015 | $2,143 | $128,091 | $27,560 | $100,531 |
| 2014 | $2,041 | $124,490 | $27,238 | $97,252 |
Source: Public Records
Map
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