NOT LISTED FOR SALE

5729 Mercury Dr Rapid City, SD 57703

Estimated Value: $332,000 - $347,000

4 Beds
2 Baths
1,920 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $215,500 $112 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,167/month

21 Days on Market

Highlights

  • Public Water Access
  • Balcony
  • Garage
  • City View
  • Patio
  • Private Entrance

About This Home

As of April 2019

Side by side duplex with mirrored two bedroom apartments on either side. This amazing property provides for both an investor with excellent long term returns currently $800 per unit ($1,600 per mth), or you could live in one side and rent the other side and have someone pay your mortgage. Each apartment consists of 960 sqf of space, with living room, kitchen and dining room and deck area on the main level, large master bedroom, 2nd bedroom bathroom and laundry in basement. There is a single detached garage for each unit and an additional attached carport . In addition there is a single RV size Carport in the back of the lot. Each property is entered via a front enclosed Mud room, each unit has its own separate driveway and is separated via a privacy fence. The huge .45 acre lot has plenty of room for future addition of a large shop, or maybe with a variance an additional structure. The lot is zoned NA-C1.

Last Agent to Sell the Property

Gregg Stilton

RUSHMORE REAL ESTATE GROUP LIMITED Listed on: 03/12/2019

Last Buyer's Agent

JOE MUTH

COLDWELL BANKER BLACK HILLS LEGACY

COLDWELL BANKER BLACK HILLS LEGACY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1977

Lot Details

  • Private Entrance

Home Design

  • Side-by-Side
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,920 Sq Ft Home
  • City Views
  • Fire and Smoke Detector
  • Finished Basement

Parking

  • Garage
  • Carport

Outdoor Features

  • Public Water Access
  • Balcony
  • Patio

Utilities

  • Heating Available
  • Public Septic

Community Details

  • 2 Units
  • Eastern Acres Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,018

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Side/Side
  • Lvt Date: 03/12/2019
  • View: City
  • Year Built: 1977
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters
  • Agent Only_ L A1 User Code: 1229
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1 per Apt, Private Entrance
  • Main Level Sq Ft: 920
  • Total Sq Ft: 1920

Exterior Features

  • Construction: Hardboard
  • Foundation: Basement
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Garage

Utilities

  • Heating: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .45
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2223
  • Taxes: 2018

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Patio, Balcony/Deck, Kit/DR Combo, Inside Utility Room, Finished Basement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 25, 2019
Bought by
Muth Linda and Muth Dan
Seller's Agent
Gregg Stilton
RUSHMORE REAL ESTATE GROUP LIMITED
Buyer's Agent
JOE MUTH
COLDWELL BANKER BLACK HILLS LEGACY
List Price
$219,900
Sold Price
$215,500
Premium/Discount to List
-$4,400
-2%
Current Estimated Value
$334,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,392
Avg. Annual Appreciation
7.11%
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 Buyer Sale Price Title Company
Muth Linda $215,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $215,500 -2.0% $112 / Sq Ft
03/12/2019 03/12/19 For Sale $219,900 -- $115 / Sq Ft
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
2024 $4,109 $304,100 $53,000 $251,100
2023 $4,255 $305,500 $53,000 $252,500
2022 $3,847 $257,400 $44,200 $213,200
2021 $3,770 $219,500 $44,200 $175,300
2020 $3,535 $199,300 $44,200 $155,100
2019 $2,818 $155,200 $35,200 $120,000
2018 $2,670 $155,300 $35,200 $120,100
2017 $2,723 $153,700 $35,200 $118,500
2016 $2,813 $146,900 $35,200 $111,700
2015 $2,813 $147,400 $35,200 $112,200
2014 $2,834 $145,200 $35,200 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 142845

Black Hills Association of REALTORS®

APN: 0001745