NOT LISTED FOR SALE

701 W Clark St Vermillion, SD 57069

Vermillion Area

Estimated Value: $273,000 - $318,000

5 Beds
4 Baths
2,176 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $231,500 $106 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,924 / mo

178 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Barstow Park
  • Landscaped with Trees

About This Home

As of May 2023

Great investment opportunity with excellent rental history! Nice duplex in established neighborhood close to schools, parks and shopping! Upper unit offers 3 bedrooms, 2 baths with french doors off dining leading to deck area. The lower unit has two beds and two baths with covered patio. Both units have separate washer/dryers. Double stall attached garage with plenty of off street parking. Newer shingles. Tenants each pay their own utilities. Upstairs is rented for $950/month and lower level is rented for $925/month. Leases go until May 2024.

Last Agent to Sell the Property

Tonya Madsen

605 Real Estate Listed on: 11/04/2022

Last Buyer's Agent

Tonya Madsen

605 Real Estate Listed on: 11/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1978

Lot Details

  • 9,915 Sq Ft Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,176 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15330-00700-020-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,052

Year Built

Built in 1978

Lot Details

9,915 Sq Ft Lot

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Trees
  • Legal Description: LOT 2 BLK 7 HOLIDAY VILLAGE ADDN
  • Year Built: 1978
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2176
  • Main Level Sq Ft: 1136
  • Sq Ft Below Grade Finishe: 1040

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.23
  • Lot Sq Ft: 9,915
  • Parcel Number: 15330-00700-020-00
  • Zoning: R1

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2021
  • Gross Taxes: 4052
  • Tax Class: non owner

Multi Family

  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
May 26, 2023
Sold by
Bought by
Seller's Agent
Tonya Madsen
605 Real Estate
Buyer's Agent
Tonya Madsen
605 Real Estate
List Price
$229,000
Sold Price
$231,500
Premium/Discount to List
$2,500
1.09%
Views
472
Current Estimated Value
$288,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,162
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Feb 19, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
0.0265%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$231,500 --
$190,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $133,000
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $231,500 +1.1% $106 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $229,000 -1.1% $105 / Sq Ft
03/11/2023 03/11/23 Off Market $231,500 -- --
11/04/2022 11/04/22 For Sale $229,000 -- $105 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,708 $261,507 $15,864 $245,643
2024 $4,369 $236,104 $13,782 $222,322
2023 $4,786 $192,060 $11,997 $180,063
2022 $4,052 $176,565 $10,907 $165,658
2021 $3,391 $163,334 $10,411 $152,923
2020 $4,539 $151,862 $10,411 $141,451
2019 $4,078 $145,825 $10,411 $135,414
2018 $3,093 $137,200 $10,411 $126,789
2017 $3,178 $132,887 $10,411 $122,476
2016 -- $129,804 $9,915 $119,889
2015 -- $125,264 $9,915 $115,349
2011 -- $108,249 $8,428 $99,821
Source: Public Records

Agents Affiliated with this Home

  • Tonya Madsen

    Seller's Agent in 2023

    Tonya Madsen

    605 Real Estate

    (605) 675-9182

    130 Total Sales

    Tonya Madsen
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 819289

Northwest Iowa Regional Board of REALTORS®

APN: 15330-00700-020-00

South Dakota Clay County Vermillion 57069

701 W Clark St, Vermillion, SD

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.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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