NOT LISTED FOR SALE

Estimated Value: $490,000 - $529,000

Studio
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $340,000

Est. 49% increase in value since last sale

Current estimated payment $3,110/month

4 Days on Market

Highlights

  • Baseboard Heating
  • Private Entrance
  • Wood Siding

About This Home

As of October 2022

Classic West Blvd home that is in need of plenty of TLC to bring it back to its original glory. Home will need work. It's not for the average buyer, but it has potential to be one of the West Blvd beauties. The roof will need to be repaired and the deck over the carport, as well as the windows and paint will need attention. The boiler is newer and there are several items that have been repaired. The home is currently used as a 4-plex; however, it could be converted back to a beautiful single-family home. The hardwood floors and tiles and century-old craftsmanship still run throughout the home. A classic example of good bones. Secondary market financing will probably not be an option. Currently configured with a main apartment on the first and second floor. The garage has been converted to a studio apartment up and down. The basement apartment is not currently habitable. If you look past the mess, you will see many charming features like the large side porch off the kitchen and dining room.

Last Agent to Sell the Property

Dan Martin

Re/Max Results License #11960 Listed on: 08/01/2022

Last Buyer's Agent

Bart Miller

Re/Max Results License #13116

Re/Max Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1914

Lot Details

  • 5,227 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • Carport
  • On-Street Parking

Outdoor Features

  • Cove

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 4 Units
  • 3,426 Sq Ft Building

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,814

Year Built

Built in 1914

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Full Basement, Poured Concrete Found.
  • Safety Features: Smoke Detectors
  • Style: 2 Story
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1914
  • Estimated Building Sq Ft: 3426
  • Includes: Some Units, Refrigerator, Range/Oven
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Frame
  • Siding: Wood Siding

Garage/Parking

  • Parking: Street Parking, Carport

Utilities

  • Heating: Baseboard, Hot Water, Cove

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.12

Rental Info

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

Tax Info

  • RE Taxes: 5814
  • Re Tax Year: 21

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 23, 2022
Bought by
Peck Curt A and Toohey Kathleen M
Seller's Agent
Dan Martin
Re/Max Results
Buyer's Agent
Bart Miller
Re/Max Results
List Price
$382,000
Sold Price
$340,000
Premium/Discount to List
-$42,000
-10.99%
Current Estimated Value
$505,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,549
Avg. Annual Appreciation
12.26%
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

Date Buyer Sale Price Title Company
Peck Curt A $340,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $340,000 -11.0% --
08/05/2022 08/05/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $382,000 -- --
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 $6,101 $492,900 $61,500 $431,400
2024 $6,101 $447,500 $61,500 $386,000
2023 $6,270 $444,400 $61,500 $382,900
2022 $6,447 $424,600 $65,200 $359,400
2021 $5,830 $351,700 $65,200 $286,500
2020 $5,484 $320,100 $65,200 $254,900
2019 $5,301 $305,600 $65,200 $240,400
2018 $4,835 $304,500 $65,200 $239,300
2017 $4,934 $284,800 $65,200 $219,600
2016 $5,251 $273,800 $65,200 $208,600
2015 $5,251 $277,400 $65,200 $212,200
2014 $5,271 $271,000 $65,200 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 73353

Mount Rushmore Area Association of REALTORS®

APN: 0035034

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