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523 North Sherman Avenue

523 North Sherman Avenue, Sioux Falls, SD 57103
Property in Whittier
Sold Jun 02, 2020
$145,000
$140,160 by Us Bank Na
Mortgage Due Jun 01, 2050
Sold Aug 24, 2012
$104,000
Local assessors in Sioux Falls, SD have categorized 523 North Sherman Avenue as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 6,599 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 523 North Sherman Avenue has a total of 1,536 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 523 North Sherman Avenue was last sold in May 29, 2020 for $145,000. According to our calculations, that's $94.40 per sqft. Prior to that sales transaction, the property was sold for $104,000 in Aug 22, 2012. Current property owners are expected to pay $1,967 in taxes per year. The property on 523 North Sherman Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $111,600. To break that down further, the land itself was valued at $13,800. While improvements to the property were assessed at a total of $97,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Duplex
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,599
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAWLER`S ADDN
  • Land Acres: 0.151
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 3 & 4 BLOCK 1 LAWLER`S ADDN TO CITY OF SIOUX FALLS

Ownership

  • Current Owner : HOFER RANDY
  • Current Owner 2: HOFER LISA
  • Previous Owner : MARTIN MICHAEL

Neighborhood

  • School District Name: Sioux Falls School District 49-5
  • School Tax School District: 49-5
  • Census Tract: 000300

Geography

  • Assessors Map Reference: MB596-326
  • Account Number: 38392
  • District: 90
  • Section: 15
  • Parcel: 38392
  • Block: 1
  • Lot: 4
  • Municipality: SIOUX FALLS CITY IN MAPLETON T
  • Latitude: 43.5519
  • Longitude: -96.7106

    Address

  • Full Address: 523 N Sherman Ave
  • Address - House Number: 523
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: SD
  • City Name: Sioux Falls
  • Carrier Code: C010
  • 4-Digit Zip Code: 0929
  • Zip Code: 57103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,967
  • Tax Rate Code Area: 090495

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 195,792
  • High Value: 223,371
  • Low Value: 168,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,160
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $140,160
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,600
  • Assessed Land Value: $13,800
  • Assessed Improvements Value: $97,800

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11774922602
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 24, 2012
  • Previous Sale Contract Date: Aug 22, 2012
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $140,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

About Whittier



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Frequently Asked Questions

What neighborhood is 523 North Sherman Avenue located in?
The 523 North Sherman Avenue is a located in the neighborhood of Whittier in Whittier, Sioux Falls.
What is the average sales price for listings in 523 North Sherman Avenue?
The average sales price for units in 523 North Sherman Avenue is $0 currently.

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