NOT LISTED FOR SALE

7111 56th St Unit 40 Sioux Falls, SD 57106

Southwest Sioux Falls Neighborhood

Estimated Value: $167,000 - $175,000

2 Beds
1 Bath
1,074 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 7111 56th St Unit 40, Sioux Falls, SD 57106 and is currently estimated at $170,361, approximately $158 per square foot. 7111 56th St Unit 40 is a home located in Minnehaha County with nearby schools including R.F. Pettigrew Elementary School, Memorial Middle School, and Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Backroad 177 Llc
Bought by
Ford Omara
Current Estimated Value
$171,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,221
Outstanding Balance
$157,326
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$13,035

Purchase Details

Closed on
Oct 10, 2017
Sold by
Otkin Jessica J
Bought by
Merritt Jordan

Purchase Details

Closed on
Jan 23, 2015
Sold by
Cynthia Cynthia and Elifrits Cynthia
Bought by
Otkin Jessica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,275
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ford Omara $167,500 --
Ford Omara $167,500 --
Merritt Jordan -- --
Otkin Jessica J $95,100 Community Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Omara $158,221
Closed Ford Omara $158,221
Previous Owner Otkin Jessica J $93,275
Source: Public Records

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 $2,819 $171,200 $12,400 $158,800
2023 $2,557 $147,700 $12,400 $135,300
2022 $2,204 $120,200 $12,400 $107,800
2021 $1,659 $111,200 $0 $0
2020 $1,659 $108,300 $0 $0
2019 $1,682 $107,947 $0 $0
2018 $1,484 $101,106 $0 $0
2017 $1,400 $95,653 $6,273 $89,380
2016 $1,400 $90,317 $6,273 $84,044
2015 $1,861 $89,668 $6,272 $83,396
2014 $1,865 $89,113 $6,272 $82,841
Source: Public Records

Map

South Dakota Minnehaha County Sioux Falls 57106 Southwest Sioux Falls

7111 56th St Unit 40, Sioux Falls, SD

Not Listed for Sale

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