NOT LISTED FOR SALE

615 St Patrick St Rapid City, SD 57701

Downtown Rapid City Neighborhood

Estimated Value: $227,400 - $250,000

4 Beds
2 Baths
1,468 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $109,900 $75 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,485/month

1 Day on Market

Highlights

  • Public Water Access
  • Interior Lot
  • Space Heater
  • City View
  • Private Entrance

About This Home

As of June 2016

Listed by David Kahler 605-484-8080. Perfect turn-key rental property. This charming home is an up/down duplex so you can live upstairs and rent the downstairs to help pay for your mortgage or just use as an investment property. The upper and lower unit both offer 2 spacious bedrooms, full bathroom, kitchen and open living room providing a lot of living space! Each unit has a stove and refrigerator, separate entrances, separate parking and a shared laundry room on the lower level. Carpets just cleaned on upper level and is ready to rent right away! Tenants pay gas & electric. Owner pays water/trash. Other amenities include updated kitchens and bathrooms, tile flooring, new roof in 2015, vinyl siding only 5 yrs old, 2 vehicle carport and lawn/storage shed. Close to shopping, parks and recreation. Invest today!

Last Agent to Sell the Property

David Kahler

INACTIVE OFFICE Listed on: 05/10/2016

INACTIVE OFFICE

Last Buyer's Agent

Michael Frybarger

ASCEND REALTY INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1950

Lot Details

  • Private Entrance
  • Interior Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,468 Sq Ft Home
  • City Views
  • Walk-Out Basement
  • Fire and Smoke Detector

Parking

  • Carport
  • On-Street Parking

Outdoor Features

  • Public Water Access

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Radiant Heating System
  • Public Septic

Community Details

Overview

  • 2 Units
  • South Blvd Subdivision

Building Details

  • Insurance Expense $780
  • Maintenance Expense $1,200
  • Other Expense $690
  • Professional Management Expense $790
  • Water Sewer Expense $840
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1950

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 05/10/2016
  • View: City
  • Year Built: 1950
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Washer, Dryer
  • Miscellaneous: Separate Meters, Individual Water Heaters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 1468
  • Total Sq Ft: 1468

Exterior Features

  • Construction: Metal/Vinyl
  • Foundation: Poured Concrete, Walkout
  • Roof: Composition

Garage/Parking

  • Parking: Street, Carport

Utilities

  • Heating: Electric, Gas, Radiant Heat, Space Heater
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 780
  • Maintenance Expense: 1200
  • Total Expenses: 6172
  • Management Expense: 790
  • Other Expense: 690
  • Water Sewer Expenses: $840

Lot Info

  • Lot Size: .16
  • Lot Type: Interior
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Negotiable
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2015
  • Taxes: 1872.18

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Window Coverings, Kit/DR Combo

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $109,900 0.0% $75 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $109,900 -- $75 / Sq Ft
Source: Black Hills Association of REALTORS®

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 $3,039 $213,400 $53,800 $159,600
2024 $3,039 $221,900 $48,900 $173,000
2023 $2,329 $164,000 $42,600 $121,400
2022 $2,732 $179,900 $37,000 $142,900
2021 $1,990 $119,100 $37,000 $82,100
2020 $2,030 $117,600 $37,000 $80,600
2019 $1,876 $110,000 $32,000 $78,000
2018 $1,745 $106,900 $32,000 $74,900
2017 $1,772 $101,900 $32,000 $69,900
2016 $1,893 $97,500 $32,000 $65,500
2015 $1,893 $99,200 $32,000 $67,200
2014 $1,884 $96,100 $32,000 $64,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Kahler

    INACTIVE OFFICE

    Section Image
  • Michael Frybarger

    Buyer's Agent in 2016

    Michael Frybarger

    ASCEND REALTY INC.

    (605) 786-8679

    10 in this area

    194 Total Sales

    Michael Frybarger
    Section Image
See All Agents

Map

Source: Black Hills Association of REALTORS®

MLS Number: 128527

Black Hills Association of REALTORS®

APN: 0031662

South Dakota Pennington County Rapid City 57701 Downtown Rapid City

615 St Patrick St, Rapid City, SD

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.