NOT LISTED FOR SALE

7017 Freedom Ct Summerset, SD 57718

-- Bed
-- Bath
900 Sq Ft
0.49 Acres

Last Sold January 13, 2014

Last sale price $292,500 $325 Per Sq Ft

22 Days on Market

About This Home

As of January 2014

Newer 4 plex in good condition. Separately metered for heat & lights. 2 bedroom 1 bath each uinit. Large end lot almost a half acre. Each unit has approx. 900 sq.ft. Low maintenance. Great opportunity to invest your money. Seller is in the process of changing rents from $695 to $750 as the tenants change There is currently one vacancy but should be rented soon, owner is taking applications. Upper units have balconies. Each unit has washer & dryer hookups. Current utilities seller is using: Keiffer Sanitation-garbage approx. $62 per month, Black Hawk Water- water approx. $88 per month, City of Summerset-Sewer approx. $157 per month Insurance is approx. $512 per yr. Snow plowing is responsibility of owners. Sellers will be doing a 1031 Exchange on this property and buyer to cooperate with the necessary exchange paperwork required. There is no additional costs to the buyer.

Last Listed By

Renee Bisgaard

Black Hills Team License #00003739 Listed on: 11/01/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 2005

Lot Details

  • 0.49 Acre Lot
  • Subdivision Possible

Parking

  • On-Street Parking

Home Design

  • 900 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Dishwasher

Outdoor Features

  • Shed

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3,600 Sq Ft Building

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,422

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Crawl Space
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven
  • Sq Ft Above Grade: 900
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 2005
  • Estimated Building Sq Ft: 3600
  • Miscellaneous: Separate Meters, Electric, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3600

Exterior Features

  • Construction: Frame
  • Exterior: Shed, Paved Street
  • Roof: Composition
  • Siding: Vinyl Siding

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Refrig. C/Air
  • Heating: Natural Gas

Schools

  • School District: Meade
  • School District: Meade

Lot Info

  • Flood Plain: Unknown
  • Lot Size: .49 ac approx
  • Number Of Acres: 0.49

Rental Info

  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer

Tax Info

  • RE Taxes: 4931.38
  • Re Tax Year: 12

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2009
Sold by
Federal National Mortgage Association
Bought by
Engesser Daniel E and Engesser Sherri R
Total Days on Market
22

Range of Values:

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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
Engesser Daniel E $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Rochelle $219,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2014 01/13/14 Sold $292,500 -2.5% $325 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $300,000 -- $333 / Sq Ft
Source: Mount Rushmore 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
2024 $4,422 $287,262 $44,000 $243,262
2023 $4,612 $287,262 $44,000 $243,262
2022 $4,899 $283,262 $40,000 $243,262
2021 $5,192 $283,262 $40,000 $243,262
2020 $4,229 $283,262 $40,000 $243,262
2019 $4,221 $226,974 $40,000 $186,974
2018 $4,267 $226,974 $40,000 $186,974
2017 $4,500 $226,974 $40,000 $186,974
2016 $0 $226,974 $0 $0
2015 $4,888 $226,974 $40,000 $186,974
2013 -- $226,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Bisgaard

    Seller's Agent in 2014

    Renee Bisgaard

    Black Hills Team

    (605) 641-9242

    100 Total Sales

    Renee Bisgaard
    Section Image

  • N

    Buyer's Agent in 2014

    NON MEMBER

    NON-MEMBER OFFICE

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 43378

Mount Rushmore Area Association of REALTORS®

APN: 0C.51.10.02E

South Dakota Meade County Summerset 57718

7017 Freedom Ct, Summerset, SD

Homes for Sale in Summerset, SD

This home is located at 7017 Freedom Ct, Summerset, SD 57718 since 01 November 2013. This property was built in 2005. 7017 Freedom Ct is a home located in Meade County with nearby schools including Sturgis Brown High School - 01.

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.

Mount Rushmore Area 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.