NOT LISTED FOR SALE

8500 W Highway 44 Rapid City, SD 57702

Nemo Road Neighborhood

Estimated Value: $1,625,034 - $2,040,000

7 Beds
7 Baths
13,389 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $1,500,000 $112 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,673/month

Highlights

  • Stables
  • RV Access or Parking
  • 11.51 Acre Lot
  • Southwest Middle School Rated 9+
  • City View
  • Theater or Screening Room

About This Home

As of January 2019

Owner says sell - dramatic price reduction!! Custom built home in a peaceful setting on 11.5 acres-breathtaking views! Just miles from Rapid City, you can enjoy privacy, wildlife, and views of the Black Hills. The home is covered in log and moss rock, indigenous to the area, with a porch perfect for taking in the views while enjoying your morning coffee. The back deck and patio also has great views, a gas fire pit, custom outdoor kitchen, and a huge spa. Inside offers 8 bedrooms, 9 full and 2 half bathrooms, an large master suite with stunning walk-in closet, a huge kitchen that opens to the living room, tall ceilings, and custom cabinetry throughout, a state-of-the-art movie theater, guest quarters, and so much space for entertaining! Plus a gazebo with outdoor fireplace and a 42x80 custom out-building that will fit your RV, boat, and more, and it has stalls for your horses. Click on the Virtual Tour tab for more! Listed by Ashley Bradsky, Bradsky Properties LLC, 605-431-9400.

Last Agent to Sell the Property

Ashley Bradsky

BRADSKY PROPERTIES, LLC Listed on: 07/07/2017

Last Buyer's Agent

TJ Wojtanowicz

BLACK HILLS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,798

Year Built

  • Built in 1990

Lot Details

  • 11.51 Acre Lot
  • Wire Fence
  • Sprinkler System
  • Wooded Lot

Property Views

  • City
  • Trees
  • Hills

Home Design

  • Log Siding
  • Stone Veneer

Interior Spaces

  • 13,389 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Walk-Out Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Air
  • Heating System Uses Gas
  • Propane
  • Cistern
  • Well
  • Water Softener is Owned
  • Septic System
  • Satellite Dish

Community Details

  • Cavern Crest Su Subdivision
  • Theater or Screening Room
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,798

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Two Story
  • Lvt Date: 07/07/2017
  • Personal Property: Dryer, Microwave-Portable, Propane Tank-Owned, Refrigerator, Range/Oven-Gas-FS, Washer, Water Softener-Owned, Satellite System
  • View: Hills, City, Trees
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features: Ceiling Fan, Compactor, Disposal, Dishwasher Built-In, Fireplace, Garage Door Opener, Horses Allowed, Master Bath, Range/Oven Gas BI, Sprinkler System, Burglar Alarm, Fire Alarm, RV Parking, Smoke Alarm, Wet Bar, Surround Sound, Theater Room, Vaulted Ceiling
  • Flooring: Carpet, Hardwood, Tile
  • Number of Fireplaces: Three
  • Bedrooms: Seven or More
  • Master Bedroom: Size: 22x35, On Level: U
  • Bedroom 2: On Level: U, Size: 15x18
  • Bedroom 3: On Level: U, Size: 15x15
  • Bedroom 4: On Level: U, Size: 15x15
  • Bathroom Description: Shower Only, Shower/Tub, Shower and Whirlpool Tub, Double Lavatory, Walk-in Closet
  • Full Three Quarter Bathrooms: Five or More
  • Half Bathroom: Two
  • Fireplace: Gas Fireplace
  • Basement: Yes
  • Dining Room: Breakfast Bar, Combination, Formal, On Level: M, Size: 14x14
  • Kitchen: Size: 20x20, On Level: M
  • Family Room: Size: 15x30, On Level: U
  • Living Room: Size: 20x45, On Level: M
  • Total Finished Sq Ft: 13389
  • Main Floor Laundry: Yes
  • Total Square Foot: 13389
  • Total Square Foot Keyword: 4000+

Exterior Features

  • Construction: Preowned/Resale
  • Construction: Log, Stone/Veneer
  • Foundation: Walkout
  • Fences: Wire
  • Driveway Exposure: South
  • Patio Deck1: Deck
  • Patio Deck1 Sq Ft: 955.8

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Size: 3,276
  • Garage Capacity: Four or More

Utilities

  • Air Conditioner: Central
  • Air Conditioner: Yes
  • Electric Services: 220V Service
  • Flood Insurance: Not Required
  • Heating: Electric, Gas
  • Utilities: Satellite, BHE-Electric, Propane-Gas, Septic, Well, Cistern

Lot Info

  • Acreage: 10-20 Acres
  • Lot Type: Hills/Wooded
  • Number Of Acres: 11.51
  • Outbuildings: Stables

Tax Info

  • Year: 2014
  • Taxes: 20,798

MLS Schools

  • School District: Rapid City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jan 18, 2019
Bought by
Khachikian Stephen S and Khachikian Hillary
Seller's Agent
Ashley Bradsky
BRADSKY PROPERTIES, LLC
Buyer's Agent
TJ Wojtanowicz
BLACK HILLS REALTY
List Price
$1,850,000
Sold Price
$1,500,000
Premium/Discount to List
-$350,000
-18.92%
Current Estimated Value
$2,453,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$953,472
Avg. Annual Appreciation
3.00%
Source: Public Records

Range of Values:

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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
Khachikian Stephen S $1,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $1,500,000 -18.9% $112 / Sq Ft
07/07/2017 07/07/17 For Sale $1,850,000 -- $138 / Sq Ft
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 $21,969 $2,533,100 $248,700 $2,284,400
2024 $21,969 $2,167,600 $239,100 $1,928,500
2023 $23,117 $2,236,200 $217,400 $2,018,800
2022 $21,338 $1,856,800 $189,000 $1,667,800
2021 $19,197 $1,533,400 $171,600 $1,361,800
2020 $19,912 $1,540,400 $155,800 $1,384,600
2019 $18,700 $1,442,200 $155,800 $1,286,400
2018 $17,825 $1,560,700 $155,800 $1,404,900
2017 $17,825 $1,398,900 $155,800 $1,243,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ashley Bradsky

    BRADSKY PROPERTIES, LLC

    (605) 431-9400

    12 Total Sales

    Ashley Bradsky
    Section Image
  • TJ Wojtanowicz

    Buyer's Agent in 2019

    TJ Wojtanowicz

    BLACK HILLS REALTY

    (605) 863-1920

    11 in this area

    431 Total Sales

    TJ Wojtanowicz
    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 134807

Black Hills Association of REALTORS®

APN: 3611400029

South Dakota Pennington County Rapid City 57702 Nemo Road

8500 W Highway 44, Rapid City, SD

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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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