NOT LISTED FOR SALE

605 Lawrence St Belle Fourche, SD 57717

Estimated Value: $217,000 - $251,000

-- Bed
-- Bath
2,200 Sq Ft
$105/Sq Ft Est. Value

Highlights

  • Forced Air Heating System
  • Private Entrance
  • Wood Siding

About This Home

As of April 2023

Great Investment opportunity. Live on one side, rent out the other, or Airbnb. This property has lots of possibilities. This is currently a side-by-side duplex with some updates and typically long-term tenants! Some appliances have been updated & will stay (see Bill of Sale). Close to the grocery store, parks, and rec. center. Per hail storm 6-2022, there are new shingles & some windows repairs made; The seller recently some new carpet has been added to unit 605. Newer toilet replaced in 3/4 bath. The backyard has been changed to be more flood-proof in years past ie. there has been concrete added and reinforcement to better protect property from floods in years past. The seller was not required to carry any flood insurance they didn't have a mortgage. The City of Belle provided the flood plane map attached. Heating is primarily gas. Current rents: 605 Lawrence $500 rent plus tenant pays utilities 607 Lawrence - Vacant currently will be rented plus tenants pay utilities. Buyer's agent to verify all information and data and any measurements (only estimates.

Last Agent to Rent the Property

Renee Bisgaard

Black Hills Team License #00003739 Listed on: 12/30/2022

Last Renter's Agent

Michael Warwick

Great Peaks Realty License #17157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1895

Lot Details

  • 0.25 Acre Lot
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • 2,200 Sq Ft Home
  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Wood Siding

Laundry

  • Dryer
  • Washer

Location

  • In Flood Plain

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas/electric, water/sewer
  • Month-to-Month Lease Term
  • Negotiable Lease Term

Community Details

Overview

  • 2,200 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1895

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric, Water/Sewer
  • Type of Tenancy: Month to Month, Negotiable

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Basement Substructure: Crawl Space
  • Personal Property: Refrigerator, Washer, Dryer
  • Sq Ft Above Grade: 2200
  • Style: Side/Side
  • Year Built: 1895
  • Estimated Building Sq Ft: 2200
  • Includes: Some Units, Refrigerator, Washer, Dryer
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: Wood Siding

Garage/Parking

  • Parking: Street Parking

Utilities

  • Heating: Natural Gas, Forced Air

Schools

  • School District: Belle Fourche

Lot Info

  • Flood Plain: Yes
  • Number Of Acres: 0.25

Tax Info

  • RE Taxes: 2459.70
  • Re Tax Year: 22

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Apr 26, 2023
Sold by
Kennedy Judith
Bought by
Thorpe Isabel A and Hauswald Peter B
Seller's Agent
Renee Bisgaard
Black Hills Team
Buyer's Agent
Michael Warwick
Great Peaks Realty
Sold Price
$170,000
Views
20
Current Estimated Value
$231,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,473
Original Mortgage
$10,500
Outstanding Balance
$8,083
Interest Rate
6.6%
Estimated Equity
$223,390
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Thorpe Isabel A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Isabel A $10,500
Open Thorpe Isabel A $162,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Rented $170,000,000 +94396.9% --
12/30/2022 12/30/22 For Rent $179,900 -- --
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 $2,507 $193,317 $36,245 $157,072
2024 $2,662 $179,038 $36,245 $142,793
2023 $2,460 $158,642 $30,830 $127,812
2022 $2,460 $134,889 $30,830 $104,059
2021 $1,993 $96,861 $20,830 $76,031
2020 $1,810 $96,861 $20,830 $76,031
2019 $1,679 $84,190 $20,830 $63,360
2018 $1,735 $79,657 $15,622 $64,035
2017 $1,865 $79,657 $15,622 $64,035
2016 $2,019 $84,865 $20,830 $64,035
2015 -- $84,865 $20,830 $64,035
2014 -- $84,865 $20,830 $64,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 74704

Mount Rushmore Area Association of REALTORS®

APN: 15.00.43.01