NOT LISTED FOR SALE

701 5th Ave Edgemont, SD 57735

Estimated Value: $387,100

Studio
-- Bath
3,320 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $200,000 $60 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,313/month

28 Days on Market

Highlights

  • Baseboard Heating
  • Refrigerated and Evaporative Cooling System
  • Private Entrance

About This Home

As of February 2021

Fantastic Four unit Income Property. Two units have renters who have been long term renters. Meticulously maintained and updates have been made. Each unit has a wall air conditioner,. There is a shed and a gazebo in the back yard. New flooring in Apartments A & D. Sellers will consider a Contract for Deed with an acceptable amount down, 1% over prime interest and a Balloon in 5 years.

Last Agent to Sell the Property

Christine Muse

Western Skies Real Estate License #10890 Listed on: 12/14/2020

Last Buyer's Agent

Patrick Krantz

Black Hills Land Co. License #4322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Private Entrance
  • Unpaved Streets

Home Design

  • Quadruplex
  • Frame Construction
  • Metal Roof
  • Masonite

Interior Spaces

  • 3,320 Sq Ft Home
  • 2-Story Property
  • Electric Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer, real estate taxes, insurance

Community Details

Overview

  • 3,320 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,370

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Personal Property: Refrigerator, Electric Range Oven, Washer, Dryer
  • Sq Ft Above Grade: 3320
  • Style: 2 Story
  • Systems: Breaker, 220V Service
  • Year Built: 1974
  • Estimated Building Sq Ft: 3320
  • Includes: All Units, Refrigerator, Range/Oven, Washer, Dryer, Air Conditioner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 3320

Exterior Features

  • Construction: Frame
  • Exterior: Unpaved Street
  • Roof: Metal
  • Siding: Masonite Siding

Garage/Parking

  • Parking: Street Parking, Common

Utilities

  • Cooling: Refrig. Wall Unit
  • Heating: Electric, Baseboard

Schools

  • School District: Edgemont

Lot Info

  • Number Of Acres: 0.32

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: Negotiable

Tax Info

  • RE Taxes: 2,369.74
  • Re Tax Year: 20

Multi Family

  • Number Of Units: 4

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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Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $200,000 -16.6% $60 / Sq Ft
12/14/2020 12/14/20 For Sale $239,900 -- $72 / Sq Ft
Source: Mount Rushmore Area 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 $3,589 $158,588 $22,344 $136,244
2024 $3,464 $158,588 $22,344 $136,244
2023 $3,285 $146,085 $22,516 $123,569
2022 $2,367 $133,960 $11,200 $122,760
2021 $2,368 $84,220 $8,680 $75,540
2020 $2,370 $82,650 $7,980 $74,670
2019 $2,637 $82,650 $7,980 $74,670
2018 $2,561 $86,640 $7,980 $78,660
2017 $2,443 $82,890 $7,980 $74,910
2016 -- $78,700 $2,680 $76,020
2015 -- $78,700 $2,680 $76,020
2011 -- $81,135 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 66818

Mount Rushmore Area Association of REALTORS®

APN: 72290-00400-011-00