NOT LISTED FOR SALE

855 N 5th St Custer, SD 57730

Estimated Value: $2,049,000 - $2,858,938

3.1 Acres
$753,757 Price per Acre
135,036 Sq Ft Lot

Sale Details

Date Sold: April 1, 2014

Last sale price $1,300,000

Est. 80% increase in value since last sale

Current estimated payment $15,838 / mo

141 Days on Market

About This Lot

As of April 2014

The Inn is located just outside of Custer, SD which puts it in close proximity to all major Black Hills attractions including Custer State Park, Crazy Horse Monument, Mount Rushmore, Keystone, HillCity, Sheridan Lake, Pactola Lake and many more fun things to do. The Bavarian Inn has 65 guest rooms which include 1 and 2 Room Suites, Jacuzzi King Suites, and a 3-bedroom Condos. All rooms have either Queen or King beds, Microwaves, refrigerators, In-room Coffee makers, Hair dryers, Irons, and more. Walking trails behind motel, indoor and outdoor swimming pool and tennis courts. Additional ground for expansion. There are living quarters that would be great for an owner/manager to occupy or the current owner rents the space out during the summer months.

Last Agent to Sell the Property

David Kahler

INACTIVE OFFICE Listed on: 03/13/2013

INACTIVE OFFICE

Last Buyer's Agent

JEREMY KAHLER

INACTIVE OFFICE

INACTIVE OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,729

Parking

  • 31 Parking Spaces

Additional Features

  • Property is zoned Com
  • Views of Hills

Community Details

  • Gross Income $644,664

Property Details

Property Type

Land

Est. Annual Taxes

$24,729

Listing Details

  • Class: BUSINESS/INDUSTRY
  • Type: Accomodation
  • View: Hills
  • Real Estate: Owned
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Square Foot Type: Over 4000

Garage/Parking

  • Parking Number Of Spaces: 31+ spaces

Lot Info

  • Location: Black Hills
  • Zoning: Com

Tax Info

  • Year: 2012
  • Taxes: 24729.40
  • Tax Returns Available: Yes

Multi Family

  • Number Of Units: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 1, 2014
Sold by
Bought by
Seller's Agent
David Kahler
INACTIVE OFFICE
Buyer's Agent
JEREMY KAHLER
INACTIVE OFFICE
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Current Estimated Value
$2,336,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,646
Avg. Annual Appreciation
4.94%
Original Mortgage
$455,000
Outstanding Balance
$343,463
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,993,183

Purchase Details

Closed on
Jul 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $455,000
Closed $650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $1,300,000 -10.3% --
08/01/2013 08/01/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $1,450,000 -- --
Source: Black Hills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $38,745 $2,775,212 $185,174 $2,590,038
2024 $44,061 $2,775,212 $185,174 $2,590,038
2023 $34,776 $2,915,363 $185,174 $2,730,189
2022 $34,406 $1,849,977 $142,442 $1,707,535
2021 $36,669 $1,749,549 $109,571 $1,639,978
2020 $32,659 $1,749,549 $109,571 $1,639,978
2019 $29,253 $155,618 $99,610 $56,008
2018 $28,543 $1,387,887 $99,610 $1,288,277
2017 $28,959 $1,388,529 $100,252 $1,288,277
2016 $24,346 $1,388,529 $100,252 $1,288,277
2015 $24,346 $1,150,045 $0 $1,150,045
2013 -- $1,156,399 $0 $1,156,399
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Kahler

    INACTIVE OFFICE

    Section Image

  • J

    Buyer's Agent in 2014

    JEREMY KAHLER

    INACTIVE OFFICE

    Section Image
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Map

Source: Black Hills Association of REALTORS®

MLS Number: 112386

Black Hills Association of REALTORS®

APN: 008791

South Dakota Custer County Custer 57730

855 N 5th St, Custer, 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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