NOT LISTED FOR SALE

711 8th Ave Belle Fourche, SD 57717

Estimated Value: $290,916

-- Bed
-- Bath
4,200 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $172,000 $41 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,846/month

About This Home

As of July 2017

Call or Text Listing Agent - Jason Richards - The Real Estate Center of Spearfish - 605-381-1087 for more information. Ponderosa Apartment Building...There is a total of 10 units in the two-story building (five units on each level). Located right behind the post office. There is a coin operated laundry room in the basement of the building. Currently rents are between $300 & $350 per unit. Total gross rents are right around $40,000 per year. Owner pays electric & gas for laundry room, all of water/sewer/garbage. There is currently an entire new roof structure being installed (roof trusses going over flat roof). Currently, off street parking spaces are rented for 5 years on a transferable lease with the neighboring property. Very good income producing property! Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Jason Richards

The Real Estate Center of Spearfish License #13412 Listed on: 05/12/2017

Last Buyer's Agent

Jason Richards

The Real Estate Center of Spearfish License #13412 Listed on: 05/12/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Subdivision Possible

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property

Community Details

  • 4,200 Sq Ft Building

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,475

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Basement Substructure: Partial Basement
  • Sq Ft Above Grade: 4200
  • Style: 2 Story
  • Subdivision Yn: Yes
  • Year Built: 1944
  • Estimated Building Sq Ft: 4200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 4200

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Roof: Composition

Schools

  • School District: Belle Fourche
  • School District: Belle Fourche

Lot Info

  • Number Of Acres: 0.1

Rental Info

  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: One Year Lease

Tax Info

  • RE Taxes: $3475
  • Re Tax Year: 16

Multi Family

  • Number Of Units: 10

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $172,000 -14.0% $41 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $200,000 -- $48 / 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
2025 $3,694 $234,633 $14,700 $219,933
2024 $3,902 $234,633 $14,700 $219,933
2023 $4,240 $232,533 $12,600 $219,933
2022 $4,240 $232,533 $12,600 $219,933
2021 $3,377 $164,144 $8,400 $155,744
2020 $3,530 $164,144 $8,400 $155,744
2019 $3,460 $164,144 $8,400 $155,744
2018 $3,636 $164,144 $8,400 $155,744
2017 $3,475 $166,919 $8,400 $158,519
2016 $3,762 $158,112 $8,400 $149,712
2015 -- $158,112 $8,400 $149,712
2014 -- $158,112 $8,400 $149,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 55544

Mount Rushmore Area Association of REALTORS®

APN: 15.00.22.03