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2518 Michigan Ave, Rapid City, SD, 57701

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
1,056 SqFt
$213/SqFt
House
Schools Nearby

Location

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2518 Michigan Ave, Rapid City$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built1955
HeatingNatural Gas, Forced Air
CoolingElectric
FireplaceNone
ViewNeighborhood
MLS #168144
Lot Size0.19 Acres
StatusAccepting Backup Offers
(U/C CONTINGENCY)

About 2518 Michigan Ave

Three bedroom, one bath home with 1056 total sq.ft. is ready for your TLC. New siding and roof in 2021, newer windows, new furnace and central air. Located close to schools and hospital. Nice covered patio in the fenced back yard.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: RE/MAX RESULTS
  • Listing Agent: STUART MARTIN

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Refrigerator, Electric Range, Electric Oven
  • Basement: No
  • Flooring Type: Laminate, Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Neighborhood
  • Exterior: Back Fence

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level, Interior Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Central High School - 41, Public District Grades 9-12
  • South Middle School - 36, Public District Grades 6-8
  • South Park Elementary - 16, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $213/SqFt

Tax Information:

  • Annual Amount: $1,993
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rapid City, SD.

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Rapid City, SD

City

Med. Sold Price

$354K

Med. Price/SqFt

$184

# of Sold Homes

30

2518 Michigan Ave vs Rapid City

14 DAYS ON ROCKET

$225,000

-$129K Less

$213/SqFt

+$29 More

KEY TAKEAWAY

This property is $129K less than the Median Sold Price and $29/SqFt more than other homes in Rapid City, SD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #168144

Listing Office:

  • Office Name: RE/MAX RESULTS
  • Listing Agent: STUART MARTIN

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively 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. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.

Copyright © 2024 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,993$157,100
2020$1,785$140,700
2019$1,697$125,400
2018$1,766$118,800

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3286781
4
/10

  • South Park Elementary - 16

  • 207 Flormann St

  • 0.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3286782
3
/10

  • South Middle School - 36

  • 2 Indiana St

  • 0.26 miles

  • Public District Grades 6-8

High School

school-card-donut-3286783
3
/10

  • Central High School - 41

  • 433 North 8th

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,472. The majority of Rapid City, SD residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2518 Michigan Ave

What is the listing price of this property?

The listing price of 2518 Michigan Ave property is $225,000.

What type of property is this?

The property 2518 Michigan Ave is a house located in Rapid City, South Dakota, 57701.

Is this property for sale now?

Accepting Backup Offers: 2518 Michigan Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2518 Michigan Ave are:
South Park Elementary - 16: GreatSchools Rating 4/10
South Middle School - 36: GreatSchools Rating 3/10
Central High School - 41: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,993 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2518 Michigan Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2518 Michigan Ave is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2518 Michigan Ave is 1955.

Rocket Homes›South Dakota›Pennington County›Rapid City›57701›2518 Michigan Ave

This home is located at 2518 Michigan Ave in Rapid City, SD and zip code 57701. This 1,056 square foot home, which was built in 1955, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $225,000.

In March 2024, from all listings sold in Rapid City, SD there were more than 9 sold above asking price, over 16 sold below and more than 4 were sold right at the asked price. In March 2024 in Rapid City, SD there were 41.2% more homes for sale than in February 2024.

From Rocket Homes Real Estate and based on county public records data.

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