NOT LISTED FOR SALE
8 Beds
-- Bath
-- Sq Ft
1923 Built

Last Sold June 15, 2020

Last sale price $400,000

297 Days on Market

Highlights

  • Public Water Access
  • Brick or Stone Veneer
  • Forced Air Heating System
  • City View
  • Patio
  • Baseboard Heating

About This Home

As of June 2020

Unique opportunity to own a corner of historic West Blvd! This beautiful 4-plex has has been tastefully remodeled to capture the historic era along with modern amenities while restoring many of the original details and accents. The main level unit features 3 bedrooms and 1 bath. The upper level consists of 2 separate units each with 2 bedrooms and 1 bath, and the basement level unit offers 1 bedroom and 1 bath. The current owners pay for all the utilities for the property; however, it does have 2 meters for all 4 apartments, so it would be possible to have tenants pay their own utilities. The main level is occupied full time, as well as the basement unit. The upper level 2 units are Air B&B's and are already booked solid thru Sept

Last Agent to Sell the Property

Yanni Georgas

RE/MAX RESULTS Listed on: 05/28/2019

RE/MAX RESULTS

Co-Listed By

Stephanie Steele

RE/MAX RESULTS

Last Buyer's Agent

Tiffany Knight

RE/MAX RESULTS

RE/MAX RESULTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Home Design

  • Quadruplex
  • Brick or Stone Veneer
  • Stone Foundation
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • City Views
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Public Water Access
  • Patio

Lot Details

  • Private Entrance

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Public Septic

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 4 Units
  • Original Town Subdivision

Building Details

  • Electric Expense $3,730
  • Fuel Expense $2,230
  • Insurance Expense $2,321
  • Water Sewer Expense $1,413
  • Gross Income $63,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: 2 Story
  • Lvt Date: 05/29/2019
  • View: City
  • Year Built: 1923
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Dishwasher, Microwave
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Hardboard, Stone/Veneer
  • Foundation: Stone
  • Roof: Composition

Garage/Parking

  • Parking: Street, Off Site

Utilities

  • Air Conditioner: Window
  • Heating: Forced Air, Gas, Baseboard
  • Sewer: City
  • Water: City

Fee Information

  • Insurance Expense: 2321
  • Electricity Expense: 3730
  • Gas Expense: 2230
  • Water Sewer Expenses: 1413

Lot Info

  • Lot Size: .12
  • Lot Type: Flat, Corner
  • Zoning: Non-conforming

Rental Info

  • Type of Tenancy: Month to Month, 1 Year Lease, Multiple
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2018
  • Taxes: $2,977.10

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Furnished, Patio, LR/DR Combo, Kit/DR Combo
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $400,000 0.0% --
06/07/2020 06/07/20 Off Market $400,000 -- --
05/07/2020 05/07/20 For Sale $479,900 +20.0% --
04/03/2020 04/03/20 Off Market $400,000 -- --
08/22/2019 08/22/19 Price Changed $479,900 -8.6% --
05/28/2019 05/28/19 For Sale $524,900 -- --
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 $6,570 $566,100 $52,500 $513,600
2024 $6,570 $481,400 $26,300 $455,100
2023 $6,422 $454,700 $26,300 $428,400
2022 $5,793 $381,500 $26,300 $355,200
2021 $5,930 $357,300 $26,300 $331,000
2020 $5,370 $344,100 $26,300 $317,800
2019 $3,001 $191,900 $26,300 $165,600
2018 $2,914 $189,400 $26,300 $163,100
2017 $2,624 $188,600 $26,300 $162,300
2016 $2,553 $160,700 $26,300 $134,400
2015 $2,553 $150,400 $26,300 $124,100
2014 $2,528 $145,400 $26,300 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Black Hills Association of REALTORS®

MLS Number: 144099

Black Hills Association of REALTORS®

APN: 37-02-276-017

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