NOT LISTED FOR SALE

Estimated Value: $260,000 - $276,000

5 Beds
3 Baths
1,575 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $85,000 $54 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,646/month

Highlights

  • Public Water Access
  • Separate Formal Living Room
  • Private Entrance
  • City View
  • Forced Air Heating System

About This Home

As of April 2017

Listed by David Kahler,Keller Williams Realty BH, 605-484-8080. Check out this triplex! Located within easy commute to Rushmore Mall, Civic Center, Interstate 90 and schools, this tri-plex includes a large fenced front yard, alley parking, private entrances, individual water heaters and separately metered for gas and electric. Exterior just recently painted. Owner pays for sewer, water and trash. 4+ car parking available for tenants and detached 2 car garage currently being used by owner. This triplex would be a great addition to your real estate portfolio. Call today to schedule a viewing.

Last Agent to Sell the Property

David Kahler

INACTIVE OFFICE Listed on: 06/14/2016

INACTIVE OFFICE

Last Buyer's Agent

Randy Olivier

RE/MAX ADVANTAGE

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1939

Lot Details

  • 6,970

Home Design

  • Triplex
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

Overview

  • 3 Units
  • North Rapid Subdivision

Building Details

  • Insurance Expense $700
  • Maintenance Expense $3,500
  • Other Expense $923
  • Professional Management Expense $1,400
  • Water Sewer Expense $1,097
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: Up & Down, 2 Story
  • Lvt Date: 06/15/2016
  • View: City
  • Year Built: 1939
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters
  • Agent Only_ L A1 User Code: 33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance
  • Main Level Sq Ft: 1575
  • Total Sq Ft: 1575

Exterior Features

  • Construction: Hardboard
  • Foundation: Basement
  • Roof: Composition

Utilities

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

Fee Information

  • Insurance Expense: 700
  • Maintenance Expense: 3500
  • Total Expenses: 7623
  • Management Expense: 1400
  • Other Expense: 923
  • Water Sewer Expenses: $1097

Lot Info

  • Lot Size: .16
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Multiple
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2016
  • Taxes: 2112.66

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Formal Living Room, Kit/DR Combo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Mar 29, 2017
Bought by
Midwest Brothers Investments Llc
Seller's Agent
David Kahler
INACTIVE OFFICE
Buyer's Agent
Randy Olivier
RE/MAX ADVANTAGE
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%
Current Estimated Value
$267,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,285
Avg. Annual Appreciation
14.36%
Source: Public Records

Range of Values:

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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
Midwest Brothers Investments Llc $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $85,000 -29.1% $54 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
06/14/2016 06/14/16 For Sale $119,900 -- $76 / 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 $2,727 $238,800 $38,400 $200,400
2024 $2,727 $199,000 $34,900 $164,100
2023 $3,028 $213,700 $26,800 $186,900
2022 $3,072 $202,300 $24,400 $177,900
2021 $2,544 $152,600 $24,400 $128,200
2020 $2,371 $138,800 $24,400 $114,400
2019 $2,173 $133,000 $24,400 $108,600
2018 $1,994 $124,000 $24,400 $99,600
2017 $2,134 $116,600 $24,400 $92,200
2016 $2,318 $117,600 $24,400 $93,200
2015 $2,318 $121,700 $26,000 $95,700
2014 $1,795 $91,500 $26,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 129126

Black Hills Association of REALTORS®

APN: 0027361