NOT LISTED FOR SALE

617 S Wells St Aberdeen, SD 57401

Estimated Value: $180,000 - $348,227

3 Beds
-- Bath
-- Sq Ft
0.33 Acres

Last Sold April 26, 2022

Last sale price $208,000

Est. 44% increase in value since last sale

Current estimated payment $1,798/month

About This Home

As of April 2022

Spacious Triplex for SaleDiscover this well-maintained triplex featuring a strong layout and updated mechanical systems. Two of the three units have undergone recent upgrades, adding modern touches. This property presents a fantastic opportunity for stable cash flow. Don't miss out on this investment gem!

Last Agent to Sell the Property

Melanie Bobby

Jency Realty Company License #14771 Listed on: 04/09/2022

Last Buyer's Agent

Anne Johnson

Johnson & Johnson Real Estate License #18727

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Listing Member Name: Melanie R Bobby
  • Listing Office Short Id: jam
  • Open House Office I D: 20160127185044888052000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: AJohnson
  • Selling Office Short Id: jre
  • Street Sfx: Street
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Fee Information

  • Taxes: 2200.00

Lot Info

  • Lot Size: 93X154

Tax Info

  • Tax Year: 2021

Multi Family

  • Gas Expense: 185 onthly average
  • Insurance Expense: 2199
  • Water Expense: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2008
Sold by
Mount William S and Mount Jennifer
Bought by
Torrence Jordan L
Current Estimated Value
$299,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,702
Outstanding Balance
$54,132
Interest Rate
6.36%
Mortgage Type
FHA
Estimated Equity
$245,175
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Torrence Jordan L $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrence Jordan L $82,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2025 09/09/25 For Sale $349,000 +67.8% --
04/26/2022 04/26/22 Sold $208,000 +96.2% --
04/09/2022 04/09/22 Pending -- -- --
05/04/2018 05/04/18 Sold $106,000 -- -- View Prior Sale
04/23/2018 04/23/18 Pending -- -- --
Source: Aberdeen 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 $2,807 $153,167 $32,225 $120,942
2024 $2,807 $141,411 $28,644 $112,767
2023 $2,229 $136,578 $28,644 $107,934
2022 $2,198 $106,171 $28,644 $77,527
2021 $2,128 $101,943 $28,644 $73,299
2020 $2,106 $97,638 $28,644 $68,994
2019 $1,765 $97,638 $28,644 $68,994
2018 $1,713 $97,638 $28,644 $68,994
2017 -- $84,874 $26,598 $58,276
2016 -- $84,874 $26,598 $58,276
2015 -- $84,874 $26,598 $58,276
2014 -- $87,292 $29,016 $58,276
2011 -- $67,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aberdeen Area Association of REALTORS®

MLS Number: 22-49

APN: 16953