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824 South Summit Avenue

824 South Summit Avenue, Sioux Falls, SD 57104
Property in Augustana
Sold Jan 25, 2021
$115,000
$750,000 by First Dakota National Bank
Mortgage Due Jan 25, 2051
Sold Jun 30, 2015
$141,000
824 South Summit Avenue in Sioux Falls, SD was first built in 1913 and is 111 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 824 South Summit Avenue has 1,270 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 430 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 6,599 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of metal. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 20, 2021 for $115,000. That's $90.55 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2015 for $141,000. 824 South Summit Avenue was last assessed in 2022. The total value of the property was assessed at $170,000. Specifically, the land the property is located on was valued at $27,400. While improvements on the property were assessed at a total of $142,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $2,665. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Metal
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 430
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,599
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,270
  • Gross Building Area: 1,187
  • Building Area: 1,270
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEWIS ADDN
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLOCK 6 LEWIS ADDN TO CITY OF SIOUX FALLS

Ownership

  • Current Owner : S3 COMPANIES LLC
  • Previous Owner : MKW PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: SARAH C
  • Owner Before Previous Owner 2: SARAH E. SARAH C E
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sioux Falls School District 49-5
  • School Tax School District: 49-5
  • Census Tract: 001502

Geography

  • Assessors Map Reference: MB600-608
  • Account Number: 38750
  • District: 90
  • Section: 20
  • Parcel: 38750
  • Block: 6
  • Lot: 12
  • Municipality: SIOUX FALLS CITY IN MAPLETON T
  • Latitude: 43.5381
  • Longitude: -96.7353

    Address

  • Full Address: 824 S Summit Ave
  • Address - House Number: 824
  • Street Direction: S
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: SD
  • City Name: Sioux Falls
  • Carrier Code: C017
  • 4-Digit Zip Code: 4741
  • Zip Code: 57104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,665
  • Tax Rate Code Area: 090495

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 267,857
  • High Value: 317,674
  • Low Value: 218,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: FIRST DAKOTA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 25, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 25, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $170,000
  • Assessed Land Value: $27,400
  • Assessed Improvements Value: $142,600

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Transaction ID: 11818374599
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST DAKOTA NATIONAL BANK
  • First Mortgage Transaction Date: Jan 25, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Augustana



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Frequently Asked Questions

What neighborhood is 824 South Summit Avenue located in?
The 824 South Summit Avenue is a located in the neighborhood of Augustana in Augustana, Sioux Falls.
What is the average sales price for listings in 824 South Summit Avenue?
The average sales price for units in 824 South Summit Avenue is $0 currently.

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