NOT LISTED FOR SALE

607 Custer St Unit 606 Custer & 1000 Di Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $141,300 - $197,000

4 Beds
1 Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $140,000

Est. 20% increase in value since last sale

Current estimated payment $972/month

Highlights

  • Public Water Access
  • Interior Lot
  • Private Entrance
  • City View
  • Garage
  • Heating System Uses Gas

About This Home

As of June 2018

3 separate homes - One occupied - 2 are vacant. All have been 100% occupied until recently. Great for investor to fix up and increase rents to market rate. Priced aggressively so you have upside after you fix then up for future resale. New Shingles 5 years ago on all units, Recent surveys on file. Walking distance to downtown. Some new flooring and paint. All appliances & sheds stay. 1000 Dilger - 2 bedrooms, partial basement. Long tern tenant. Shed, fenced yard. On and Off Street parking. 606 Custer 1 bedroom. With shed, both on and off street parking. 607 Custer - 1 bedroom with 1 car garage. Partial fenced yard. Corner interior lots, all walkable to downtown. Alley access. All must be sold together. Seller will not separate.

Last Agent to Sell the Property

Jeri Perrett

THE REAL ESTATE GROUP, INC. Listed on: 05/07/2018

Last Buyer's Agent

Ronald Weifenbach

THE REAL ESTATE GROUP, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1940

Lot Details

  • Private Entrance
  • Interior Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof

Parking

  • Garage
  • Off-Site Parking

Utilities

  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Crawl Space
  • Public Water Access

Community Details

  • 3 Units
  • North Rapid 2 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,241

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Lvt Date: 05/08/2018
  • View: City
  • Year Built: 1940
  • Includes: Some Units, Refrigerator, Range/Oven, Washer, Dryer
  • Miscellaneous: Separate Meters
  • Agent Only_ L A1 User Code: 1089
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Foundation: Basement, Crawl Space, Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking: Off Site, Garage

Utilities

  • Heating: Electric, Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .23
  • Lot Type: Flat, Corner, Interior
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: 1 Year Lease, Vacant
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Tenant
  • Who Pays Water Sewer: Tenant

Tax Info

  • Year: 2018
  • Taxes: 1241 & 795

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: Hookups, Partially Finished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 7, 2018
Bought by
Midwest Brothers Investments L
Seller's Agent
Jeri Perrett
THE REAL ESTATE GROUP, INC.
Buyer's Agent
Ronald Weifenbach
THE REAL ESTATE GROUP, INC.
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$168,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,075
Avg. Annual Appreciation
2.51%
Source: Public Records

Range of Values:

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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
Midwest Brothers Investments L $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $140,000 -6.6% --
05/10/2018 05/10/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $149,900 -- --
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
2025 $998 $84,100 $32,600 $51,500
2024 $998 $72,700 $29,700 $43,000
2023 $1,021 $71,900 $22,900 $49,000
2022 $972 $64,000 $20,800 $43,200
2021 $823 $49,200 $20,800 $28,400
2020 $798 $46,700 $20,800 $25,900
2019 $775 $45,300 $20,800 $24,500
2018 $793 $44,100 $20,800 $23,300
2017 $836 $46,300 $20,800 $25,500
2016 $921 $46,000 $20,800 $25,200
2015 $921 $48,300 $22,100 $26,200
2014 $878 $45,300 $22,100 $23,200
Source: Public Records

Agents Affiliated with this Home

  • Jeri Perrett

    Seller's Agent in 2018

    Jeri Perrett

    THE REAL ESTATE GROUP, INC.

    (605) 381-8033

    7 in this area

    114 Total Sales

    Jeri Perrett
    Section Image
  • Ronald Weifenbach

    Buyer's Agent in 2018

    Ronald Weifenbach

    THE REAL ESTATE GROUP, INC.

    (605) 209-2418

    4 in this area

    32 Total Sales

    Ronald Weifenbach
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 138805

Black Hills Association of REALTORS®

APN: 0027388

South Dakota Pennington County Rapid City 57701 North Rapid City

607 Custer St Unit 606 Custer & 1000 Di, Rapid City, SD

This home is located at 607 Custer St Unit 606 Custer & 1000 Di, Rapid City, SD 57701 since 07 May 2018 and is currently estimated at $168,075. This property was built in 1940. 607 Custer St Unit 606 Custer & 1000 Di is a home located in Pennington County with nearby schools including Horace Mann Elementary School, North Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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