NOT LISTED FOR SALE

601 E 2nd Ave Mitchell, SD 57301

-- Bed
-- Bath
5,310 Sq Ft
7,100 Sq Ft Lot

Last Sold December 31, 2020

63 Days on Market

About This Home

As of December 2020

7 Unit apartment complex. 100% occupied with off street parking, individual doors to each unit. Very low vacancy rate. 1 three bedroom, 5 one bedroom. 1 efficiency. Window air tenant provided. Water/Sewer paid by owner. New concrete front porch in '09. New siding and most windows in '15. Projected new operating income $20,989/year, see Pro Forma in documents, at mitchellrealty.net.

Last Agent to Sell the Property

Ralph Kiner

Mitchell Realty LLC Listed on: 09/28/2020

Last Buyer's Agent

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1905

Lot Details

  • 7,100

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Oven or Range

Laundry

  • Dryer
  • Washer

Community Details

  • Insurance Expense $2,400
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Listing Member Name: RALPH KINER
  • Listing Office Short Id: MITR
  • Prop. Type: B
  • Co Selling Member Short Id: non
  • Selling Office Short Id: mls
  • Tax Year: 2019
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: DRYER, Range/Oven, Refrigerator, WASHER
  • Stories: 2.0
  • Second Floor Total Sq Ft: 5310.00

Exterior Features

  • Construction Construction: Frame
  • Construction Roof: Asphalt Shingles
  • Foundation: Block, Rock/Mortar

Lot Info

  • Lot Size: 50X142

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold -- -- --
12/01/2020 12/01/20 Pending -- -- --
09/28/2020 09/28/20 For Sale -- -- --
Source: Mitchell Board 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 -- $237,538 $21,300 $216,238
2024 -- $200,623 $12,425 $188,198
2023 $0 $196,718 $8,520 $188,198
2022 $2,771 $170,750 $7,100 $163,650
2021 $2,788 $143,475 $7,100 $136,375
2020 $2,728 $143,475 $7,100 $136,375
2019 $2,872 $143,475 $7,100 $136,375
2018 $1,529 $147,285 $7,100 $140,185
2017 $1,587 $78,585 $6,490 $72,095
2016 $1,678 $78,585 $6,490 $72,095
2013 -- $78,585 $6,490 $72,095
Source: Public Records

Agents Affiliated with this Home

  • Ralph Kiner

    Seller's Agent in 2020

    Ralph Kiner

    Mitchell Realty LLC

    (605) 999-7000

    50 in this area

    59 Total Sales

    Ralph Kiner
    Section Image

  • N

    Buyer's Agent in 2020

    Non MLS Member

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Map

Source: Mitchell Board of REALTORS®

MLS Number: 20-362

APN: 15110-03800-007-00

South Dakota Davison County Mitchell 57301

601 E 2nd Ave, Mitchell, SD

Not Listed for Sale

MultiFamily

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