NOT LISTED FOR SALE

620 1st Ave SE Watertown, SD 57201

Estimated Value: $197,000 - $264,000

5 Beds
3 Baths
2,904 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $148,000 $51 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,390/month

118 Days on Market

About This Home

As of June 2020

FULLY OCCUPIED TRI- PLEX SITUATED ON A CORNER LOT WITH UPDATES THROUGHOUT EACH UNIT.
$575, $490 & $450 RESPECTIVE RENTS PER UNIT. LEASES ARE IN PLACE. GREAT INVESTMENT OPPORTUNITY! THIS UNIT HAS AWESOME CASH FLOW AND WITH THE LEASES AND RENTERS IN PLACE WITH EVERYTHING RECENTLY RE-DONE, THIS IS TURN KEY TO JUST COLLECT YOUR RENTS! DOESN'T GET ANY BETTER THAN THIS!

Last Agent to Sell the Property

Lynn Morris

THE REALTY TEAM Listed on: 12/04/2019

Last Buyer's Agent

Non Member Agent

NON-MEMBER AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,498

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.17
  • Lot Size: 75x100
  • Year Built: 1900
  • General Property Description:Style2: 2 Story
  • General Property Description:Above Grade Sq Ft: 1976.0
  • General Property Description:Waterfront YN: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • General Property Description:Basement: Full

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Description:Garage Type2: Attached
  • General Property Description:_pound_ Garage Stalls: 1.0

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 5661
  • ResoLotSizeUnits: Acres
  • General Property Description:Lot Size2: 75x100
  • General Property Description:Acres2: 0.17

Tax Info

  • Tax Annual Amount: 1497.86
  • Tax Year: 2019
  • Location Tax and Other Information:Tax Year2: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jun 15, 2020
Bought by
620 1St Ave S Llc
Seller's Agent
Lynn Morris
THE REALTY TEAM
Buyer's Agent
Non Member Agent
NON-MEMBER AGENCY
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%
Current Estimated Value
$226,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,518
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Nov 8, 2009
Sold by
Anderson Faye E
Bought by
Galipeau James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
620 1St Ave S Llc $148,000 --
Galipeau James $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galipeau James $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $148,000 -7.4% $51 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $159,900 -- $55 / Sq Ft
Source: Northeast South Dakota 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 $2,156 $171,742 $39,171 $132,571
2024 $2,179 $163,069 $39,171 $123,898
2023 $2,085 $153,608 $35,610 $117,998
2022 $1,892 $138,217 $35,610 $102,607
2021 $1,919 $121,288 $29,675 $91,613
2020 $1,870 $121,288 $29,675 $91,613
2019 $1,498 $117,417 $25,804 $91,613
2018 $1,466 $111,143 $23,893 $87,250
2017 $1,530 $110,005 $22,755 $87,250
2016 $1,488 $110,005 $22,755 $87,250
2015 $1,488 $94,772 $16,206 $78,566
2014 -- $94,772 $16,206 $78,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 24-6329

APN: 005661

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