NOT LISTED FOR SALE

816 & 820 Ames St Spearfish, SD 57783

Studio
-- Bath
3,552 Sq Ft
37,897 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $2,000,000 $563 Per Sq Ft

2 Days on Market

Highlights

  • 0.87 Acre Lot
  • Water Softener is Owned
  • Private Entrance
  • Shed
  • Baseboard Heating

About This Home

As of August 2024

Rare opportunity to own a 22 unit apartment complex in the heart of Spearfish. Building 816 has 12-2 bedroom apartments with leased coin operated laundry on each floor (3) 8 units have patio doors to a small deck. Building 820 has 4-3 bedroom apartments & 6-2 bedroom apartments. The 3 bedroom units have washer/dryer hookups. There is a coin operated laundry at the east end of the building. Seller has made several major improvements in the last few years. All new windows & patio doors (2023), new water softener system for each building (2024) All but 1 apartment has had flooring replaced with vinyl planking or ceramic tile. Many of the tenants are long term tenants on a month-to-month lease. Plenty of paved off-street parking, with tenant designated parking. Call or Text Listing Agent - Sue Cramer - The Real Estate Center of Spearfish - 605-645-2391 for more information. Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Sue Cramer

The Real Estate Center of Spearfish License #00004476 Listed on: 07/17/2024

Last Buyer's Agent

Scot Munro

Great Peaks Realty License #12403

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,474

Year Built

  • Built in 1985

Lot Details

  • 0.87 Acre Lot
  • Private Entrance

Home Design

  • Frame Construction
  • Composition Roof
  • Masonite

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Electric Oven or Range

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Cove
  • Shed

Utilities

  • Baseboard Heating
  • Water Softener is Owned

Community Details

  • 3,552 Sq Ft Building

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,474

Year Built

Built in 1985

Lot Details

0.87 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Basement Substructure: Full Basement
  • Personal Property: Refrigerator, Electric Range Oven, Water Softener Owned, Window Coverings (Some)
  • Sq Ft Above Grade: 3552
  • Style: 2 Story
  • Systems: Breaker
  • Year Built: 1985
  • Estimated Building Sq Ft: 3552
  • Miscellaneous: Separate Meters, Individual Water Heaters
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Community Entrance, Private Entrance
  • Total Sq Ft: 3552

Exterior Features

  • Construction: Frame
  • Exterior: Shed
  • Roof: Composition
  • Siding: Masonite Siding

Garage/Parking

  • Parking: Paved, Assigned

Utilities

  • Heating: Electric, Baseboard, Cove

Schools

  • School District: Spearfish

Lot Info

  • Number Of Acres: 0.87

Rental Info

  • Tenant Pays: Gas/Electric
  • Owner Pays: Gas/Electric, Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: Month to Month

Tax Info

  • RE Taxes: 14473.84
  • Re Tax Year: 23

Multi Family

  • Number Of Units: 22
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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
08/30/2024 08/30/24 Sold $2,000,000 0.0% $563 / Sq Ft
07/17/2024 07/17/24 For Sale $2,000,000 -- $563 / 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 $14,583 $1,095,040 $179,570 $915,470
2024 $14,483 $1,042,960 $172,070 $870,890
2023 $14,554 $961,290 $169,570 $791,720
2022 $15,107 $923,590 $169,570 $754,020
2021 $13,596 $923,590 $0 $0
2019 $13,584 $787,920 $159,570 $628,350
2018 $13,609 $787,920 $0 $0
2017 $14,255 $787,920 $0 $0
2016 $15,488 $787,920 $0 $0
2015 $15,528 $787,920 $0 $0
2014 $15,635 $787,920 $0 $0
2013 -- $787,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 81056

Mount Rushmore Area Association of REALTORS®

APN: 32660-01800-160-21

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