NOT LISTED FOR SALE

Estimated Value: $101,000 - $266,000

3 Beds
2 Baths
1,976 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $120,000 $61 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,186/month

101 Days on Market

About This Home

As of November 2024

Investment Opportunity in Yankton! Multi-Family Property for $140,000. This multi-family property at 508 Walnut Street features three units: two 1-bedroom units and one 2-bedroom unit. Ideal for investors or owner-occupiers, it offers great rental income potential in a prime location. Don't miss out on this versatile and affordable investment. Contact us today to schedule a viewing!

Last Agent to Sell the Property

Kerry Woehl

The Move Group Brokerage Phone: 605-760-7214 Listed on: 07/19/2024

Last Buyer's Agent

Kerry Woehl

The Move Group Brokerage Phone: 605-760-7214 Listed on: 07/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1880

Lot Details

  • 6,600

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Additional Features

  • 6,600 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Style: 2 Story
  • Legal Description: LT 5 BK 50 TODD'S ADDN, CITY AND COUNTY OF YANKTON, SD
  • Personal Property Included: appliances, attached fixtures, property not belonging to tenants
  • Price Per Sq Ft: 60.73
  • Region: Yankton City Limits
  • Year Built: 1880
  • Electric Provider: NorthWestern Energy
  • Internet T V Phone Provide: Unknown
  • Natural Gas Provider: MidAmerican Energy
  • Propane Provider: None
  • Video Recording Device: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl
  • Sq Ft Fin Apx Main: 1135
  • Sq Ft Fin Apx Total: 1976
  • Sq Ft Fin Apx2nd: 841

Exterior Features

  • Exterior: Brick
  • Flood: Unverified
  • Roof: Rolled

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: City
  • Water Provider: City Water

Lot Info

  • Estimated Acres: 0.15
  • Parcel No: 78.790.050.050
  • Geo Subdivision: SD
  • Lot Size Sf: 6600
  • Zoning: R4 Multi-Family

Tax Info

  • Estimated Taxes: 1554
  • Tax Year: 2023

Multi Family

  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Nov 20, 2024
Sold by
Rice Michael A
Bought by
Lauras Real Estate Properties Llc
Seller's Agent
Kerry Woehl
The Move Group
Buyer's Agent
Kerry Woehl
The Move Group
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
78
Current Estimated Value
$196,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,520
Avg. Annual Appreciation
51.90%
Original Mortgage
$300,000
Outstanding Balance
$297,124
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$100,604
Source: Public Records
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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
Lauras Real Estate Properties Llc $120,000 First Dakota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauras Real Estate Properties Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2024 11/20/24 Sold $120,000 -14.3% $61 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $140,000 +100.0% $71 / Sq Ft
09/30/2022 09/30/22 Sold $70,000 -29.9% $35 / Sq Ft View Prior Sale
09/17/2022 09/17/22 Pending -- -- --
02/27/2022 02/27/22 Price Changed $99,900 -4.9% $51 / Sq Ft
01/13/2022 01/13/22 Price Changed $105,000 -9.4% $53 / Sq Ft
07/19/2021 07/19/21 For Sale $115,900 -- $59 / Sq Ft
Source: Meridian 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 $1,956 $111,600 $12,200 $99,400
2024 $1,587 $111,600 $12,200 $99,400
2023 $2,323 $84,700 $12,200 $72,500
2022 $2,288 $120,400 $10,200 $110,200
2021 $2,290 $115,800 $10,200 $105,600
2020 $1,813 $115,800 $0 $0
2019 $1,621 $100,100 $0 $0
2018 $1,695 $92,600 $0 $0
2017 $1,917 $92,600 $0 $0
2016 -- $101,500 $0 $0
2015 -- $103,900 $0 $0
2014 -- $82,700 $0 $0
2013 -- $79,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Meridian Association of REALTORS®

MLS Number: 116349

Meridian Association of REALTORS®

APN: 78.790.050.050