NOT LISTED FOR SALE

925 Madison St Vermillion, SD 57069

Estimated Value: $320,000 - $480,000

5 Beds
3 Baths
3,086 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 21, 2013

Last sale price $182,500 $59 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,668/month

59 Days on Market

Highlights

  • Fenced Yard
  • Landscaped with Trees
  • Level Lot
  • 2 Car Attached Garage
  • Central Air

About This Home

As of November 2013

Beautifully maintained home! Main floor offers 3 bedrooms and a large bathroom; lower level is two 1 bedroom apartments with great rental history! Fenced yard, fireplace, and close to USD campus and Prentis Park.

Last Agent to Sell the Property

Kelly McKelvey

Premier Real Estate and Property Management Listed on: 08/02/2013

Last Buyer's Agent

Nikki Peters

Premier Real Estate and Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1958

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 3,086 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Central Air
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 15080-003200-030-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,581

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Fenced Yard, Level Lot, Trees
  • Legal Description: Lot 3 and E31.54' of Lot 4 & A Tract 14'x55' Comm SE Cor Lot 3, Block 3, Replat of Blessings, City of Vermillion, Clay CO., SD.
  • Newspaper: Yes
  • Year Built: 1958
  • School Middle Junior: Vermillion
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3086
  • Main Level Sq Ft: 1786
  • Sq Ft Below Grade Finishe: 1402
  • Price Per Sq Ft: 59.14

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.32
  • Lot Sq Ft: 13844
  • Parcel Number: 15080-003200-030-00

Rental Info

  • Paid By Electric: Owner
  • Paid By Gas: Owner
  • Paid By Water: Owner

Tax Info

  • Year: 2012
  • Gross Taxes: 3581

Multi Family

  • Rental Income: 950
  • Number Of Units: 3

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Nov 21, 2013
Sold by
Reiter Brandon J
Bought by
Margheim Al C and Margheim Ellen
Seller's Agent
Kelly McKelvey
Premier Real Estate and Property Management
Buyer's Agent
Nikki Peters
Premier Real Estate and Property Management
List Price
$187,500
Sold Price
$182,500
Premium/Discount to List
-$5,000
-2.67%
Current Estimated Value
$385,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,703
Avg. Annual Appreciation
5.30%
Original Mortgage
$136,875
Outstanding Balance
$73,263
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$262,301
Source: Public Records

Range of Values:

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Average Value
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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
Margheim Al C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margheim Al C $136,875
Previous Owner Reiter Brandon J $181,555
Previous Owner Shea Keith Donald $169,000
Previous Owner Vacek Rovert E $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2013 11/21/13 Sold $182,500 -2.7% $59 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $187,500 -- $61 / Sq Ft
Source: Northwest Iowa Regional Board 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
2024 $7,018 $320,730 $19,243 $301,487
2023 $6,860 $275,356 $16,751 $258,605
2022 $6,205 $253,879 $15,228 $238,651
2021 $5,362 $250,323 $14,536 $235,787
2020 $5,130 $240,380 $14,536 $225,844
2019 $5,039 $230,437 $14,536 $215,901
2018 $4,862 $216,233 $14,536 $201,697
2017 $4,821 $209,131 $14,536 $194,595
2016 -- $197,076 $13,844 $183,232
2015 -- $197,076 $13,844 $183,232
2011 -- $168,009 $11,767 $156,242
Source: Public Records

Agents Affiliated with this Home

  • Kelly McKelvey

    Seller's Agent in 2013

    Kelly McKelvey

    Premier Real Estate and Property Management

    (605) 670-2795

    72 Total Sales

    Kelly McKelvey
    Section Image
  • Nikki Peters

    Buyer's Agent in 2013

    Nikki Peters

    Premier Real Estate and Property Management

    (605) 670-9641

    127 Total Sales

    Nikki Peters
    Section Image
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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 705638

Northwest Iowa Regional Board of REALTORS®

APN: 15080-00300-030-00

South Dakota Clay County Vermillion 57069

925 Madison St, Vermillion, SD

This home is located at 925 Madison St, Vermillion, SD 57069 since 02 August 2013 and is currently estimated at $385,203, approximately $124 per square foot. This property was built in 1958. 925 Madison St is a home located in Clay County with nearby schools including Austin Elementary School, Jolley Elementary School, and Vermillion Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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