NOT LISTED FOR SALE

847 Tower Rd Unit 857 Box Elder, SD 57719

Estimated Value: $4,318,373

-- Bed
-- Bath
14,400 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $2,860,000 $199 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $26,548/month

11 Days on Market

Highlights

  • Public Water Access
  • Handicap Accessible
  • Forced Air Heating and Cooling System
  • City View

About This Home

As of March 2020

Two 15 unit buildings. Sold before process into MLS, Address is 847 and 857 Tower Rd

Last Agent to Sell the Property

JOE MUTH

COLDWELL BANKER BLACK HILLS LEGACY Listed on: 01/08/2019

COLDWELL BANKER BLACK HILLS LEGACY

Last Buyer's Agent

Diane Wilcox

COLDWELL BANKER BLACK HILLS LEGACY

COLDWELL BANKER BLACK HILLS LEGACY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 1.27

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Hardboard

Interior Spaces

  • 14,400 Sq Ft Home
  • 2-Story Property
  • City Views

Home Security

  • Fire and Smoke Detector
  • Firewall

Utilities

  • Forced Air Heating and Cooling System
  • Public Septic

Additional Features

  • Handicap Accessible
  • Public Water Access

Community Details

  • 30 Units
  • Freedom Landing Subd Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multiplex
  • Style: 2 Story
  • Lvt Date: 03/11/2020
  • View: City, Prairie
  • Year Built: 2019
  • Safety Features: Smoke Detectors, Sprinkler System, Fire Wall, Fire Alarm, Handicap Access
  • Includes: All Units, Refrigerator, Range/Oven, Dishwasher, Washer, Dryer, Microwave
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Community Entrance
  • Main Level Sq Ft: 4800
  • Total Sq Ft: 14400

Exterior Features

  • Construction: Hardboard
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Paved

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: 1.27
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: 1 Year Lease
  • Who Pays Electricity: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Multi Family

  • Number Of Units: 30
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Kit/DR Combo

Tax Info

  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 9, 2020
Sold by
Select Construction Inc
Bought by
Dakota One Llc
Seller's Agent
JOE MUTH
COLDWELL BANKER BLACK HILLS LEGACY
Buyer's Agent
Diane Wilcox
COLDWELL BANKER BLACK HILLS LEGACY
List Price
$2,860,000
Sold Price
$2,860,000
Current Estimated Value
$4,318,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458,373
Avg. Annual Appreciation
7.38%
Original Mortgage
$2,288,000
Outstanding Balance
$2,013,220
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$2,305,153

Purchase Details

Closed on
Mar 27, 2019
Sold by
Jaennis Llc
Bought by
Select Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,458,990
Interest Rate
4.3%
Mortgage Type
Commercial
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
Dakota One Llc -- None Available
Select Construction Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dakota One Llc $2,288,000
Previous Owner Select Construction Inc $2,458,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $2,860,000 0.0% $199 / Sq Ft
01/08/2019 01/08/19 For Sale $2,860,000 -- $199 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
Source: Black Hills 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 -- $3,408,697 $110,642 $3,298,055
2024 $47,077 $2,581,733 $110,642 $2,471,091
2023 $47,077 $2,581,733 $110,642 $2,471,091
2022 $49,060 $2,581,733 $110,642 $2,471,091
2021 $1,841 $2,581,733 $110,642 $2,471,091
2020 $1,888 $82,982 $82,982 $0
2019 $1,829 $82,982 $82,982 $0
2018 $1,829 $82,982 $82,982 $0
Source: Public Records

Agents Affiliated with this Home

  • JOE MUTH

    Seller's Agent in 2020

    JOE MUTH

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 391-2426

    10 in this area

    164 Total Sales

    JOE MUTH
    Section Image
  • Diane Wilcox

    Buyer's Agent in 2020

    Diane Wilcox

    COLDWELL BANKER BLACK HILLS LEGACY

    (605) 390-3959

    9 in this area

    98 Total Sales

    Diane Wilcox
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 148009

Black Hills Association of REALTORS®

APN: 0A.57.02.20

South Dakota Meade County Box Elder 57719

847 Tower Rd Unit 857, Box Elder, SD

Not Listed for Sale

MultiFamily

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