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Backup Offers

1602 Cherry Ave, Rapid City, SD, 57701

$40,000

Home List Price

$475*

Closing Credit

2 Bedrooms
1 Full Bath
1,832 SqFt
$22/SqFt
House
Schools Nearby

Location

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1602 Cherry Ave, Rapid City$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDrive Under
Year Built1949
HeatingNatural Gas, Forced Air
CoolingNone
BasementYes
FireplaceNone
ViewNeighborhood
MLS #168609
Lot Size0.35 Acres
StatusAccepting Backup Offers
(U/C CONTINGENCY)

About 1602 Cherry Ave

Total Flip/ Rehab Home located on a great corner lot. Investor project home would make a great rental property after rehab.... Home will be sold 'As-Is" and will not be cleaned, cleared out or the items on the grounds removed..... CASH ONLY...home will not finance..... Open House will be Wednesday May 15th from 10:00-1:00 with no other scheduled showings...Offers to be submitted by Friday May 17th by 12:00 P.M.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,832 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER BLACK HILLS LEGACY
  • Listing Agent: DAVID BRENNEMAN

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Neighborhood
  • Exterior: Privacy Fence, Wood Fence, Back Fence

Parking Information:

  • Attached Garage: No
  • Parking: Drive Under

Lot Features

Lot Information:

  • Lot: Level, Corner Lot
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Central High School - 41, Public District Grades 9-12
  • Valley View Elementary - 13, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $22/SqFt

Tax Information:

  • Annual Amount: $2,285
  • 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

$349.7K

Med. Price/SqFt

$187

# of Sold Homes

35

1602 Cherry Ave vs Rapid City

14 DAYS ON ROCKET

$40,000

-$309.7K Less

$22/SqFt

-$165 Less

KEY TAKEAWAY

This property is $309.7K less than the Median Sold Price and $165/SqFt less than other homes in Rapid City, SD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #168609

Listing Office:

  • Office Name: COLDWELL BANKER BLACK HILLS LEGACY
  • Listing Agent: DAVID BRENNEMAN

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: 5/28/2024, 7:20:35 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$2,285$158,600
2020$2,419$131,100
2019$2,328$137,800
2018$2,266$131,500

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-3879261
4
/10

  • Valley View Elementary - 13

  • 4840 Homestead St

  • 2.87 miles

  • Public District Grades KG-5

High School

school-card-donut-3879262
3
/10

  • Central High School - 41

  • 433 North 8th

  • 2.06 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 $30,508. Typical income of Rapid City, SD residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1602 Cherry Ave

What is the listing price of this property?

The listing price of 1602 Cherry Ave property is $40,000.

What type of property is this?

The property 1602 Cherry Ave is a house located in Rapid City, South Dakota, 57701.

Is this property for sale now?

Accepting Backup Offers: 1602 Cherry 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 1602 Cherry Ave are:
Valley View Elementary - 13: GreatSchools Rating 4/10
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 $2,285 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1602 Cherry Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1602 Cherry Ave is 1,832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1602 Cherry Ave is 1949.

Rocket Homes›South Dakota›Pennington County›Rapid City›57701›1602 Cherry Ave

This home is located at 1602 Cherry Ave in Rapid City, SD and zip code 57701. This 1,832 square foot home, which was built in 1949, sits on a 0.35 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $40,000.

In April 2024, from all listings sold in Rapid City, SD there were more than 3 sold above asking price, over 20 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Rapid City, SD increased by 37.3% between March 2024 and April 2024.

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

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