NOT LISTED FOR SALE

829 Lemmon Ave Rapid City, SD 57701

North Rapid City Neighborhood

Estimated Value: $205,000 - $234,000

5 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold September 10, 2019

Last sale price $124,500

Est. 74% increase in value since last sale

Current estimated payment $1,319/month

32 Days on Market

Highlights

  • Public Water Access
  • Balcony
  • Private Entrance
  • City View
  • Forced Air Heating System
  • 4-minute walk to College Park

About This Home

As of September 2019

Great opportunity for a profitable and affordable investment. Caps out around 10%. Good square footage, long term tenants. Nice kitchen cabinets and great bones throughout. Updated electrical. Plumbing has had a total re-build in the basement. Structure is in the 500 year flood zone, but not the 100 year zone. Laundry in each unit. Large wrap around deck. Mature trees in the back yard. Separate entrances.

Last Agent to Sell the Property

Dan Martin

INACTIVE OFFICE Listed on: 07/29/2019

Last Buyer's Agent

Diane Wilcox

COLDWELL BANKER BLACK HILLS LEGACY

COLDWELL BANKER BLACK HILLS LEGACY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1952

Lot Details

  • 6,970

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Outdoor Features

  • Public Water Access
  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • City Views
  • Private Entrance
  • Finished Basement

Community Details

Overview

  • 2 Units
  • North Rapid Subdivision

Building Details

  • Gross Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,590

Year Built

Built in 1952

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 07/31/2019
  • View: City
  • Year Built: 1952
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: unk
  • Total Sq Ft: unk

Exterior Features

  • Construction: Frame
  • Foundation: Basement
  • Roof: Composition

Utilities

  • Heating: Electric, Forced Air, Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .16
  • Lot Type: Corner
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Tenant
  • Who Pays Water Sewer: Tenant

Tax Info

  • Year: 2018
  • Taxes: 1590

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Balcony/Deck, Finished Basement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Bought by
Frias Hector
Current Estimated Value
$216,726
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
Frias Hector $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2019 09/10/19 Sold $124,500 -11.0% --
08/30/2019 08/30/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $139,900 -- --
Source: Black Hills 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 $2,431 $174,000 $39,700 $134,300
2024 $2,431 $177,200 $39,700 $137,500
2023 $2,333 $164,300 $30,500 $133,800
2022 $2,076 $136,700 $27,700 $109,000
2021 $2,304 $138,100 $24,400 $113,700
2020 $2,247 $130,300 $24,400 $105,900
2019 $1,611 $95,200 $24,400 $70,800
2018 $1,493 $91,600 $24,400 $67,200
2017 $1,623 $87,000 $24,400 $62,600
2016 $1,704 $89,200 $24,400 $64,800
2015 $1,704 $89,200 $22,400 $66,800
2014 $1,735 $88,400 $22,400 $66,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dan Martin

    INACTIVE OFFICE

    Section Image
  • Diane Wilcox

    Buyer's Agent in 2019

    Diane Wilcox

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 390-3959

    15 in this area

    104 Total Sales

    Diane Wilcox
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 145219

Black Hills Association of REALTORS®

APN: 0026836

South Dakota Pennington County Rapid City 57701 North Rapid City

829 Lemmon Ave, Rapid City, SD

Not Listed for Sale

MultiFamily

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Black Hills 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.

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