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1408 S Severn Ln; Sioux Falls, SD Property Details

1408 S Severn Ln, Sioux Falls, SD is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 1408 S Severn Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 1,216 square feet. The lot size of 1408 S Severn Ln is 11,021 square feet.

Off market
1408 S Severn Ln Sioux Falls, SD 57106
$350,000 Listing Price
4 Beds
2.5 Baths
1,216 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $297,326
  • Est. Equity / %: $65,674 / 18.09%
  • Gross Yield: 6.985%
  • APN: 46704
  • Situs County: Minnehaha
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,216/SqFt
  • Lot: 11,021/SqFt
  • Garage: 520/SqFt
  • Living: 1,216/SqFt
  • Basement: 1,216/SqFt
  • Building: 1,216/SqFt
  • Ground: 1,216/SqFt
  • Basement Finished: 1,000/SqFt
  • Price Per Square Foot: $287.83

Legal Description

  • Description: LOT 1A BLOCK 6 SILVER VALLEY ADDN TO CITY OF SIOUX FALLS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Sioux Falls School District 49-5
  • Lat / Lon: 43.532932 / -96.79908
  • Subdivision: Silver Valley Addn
  • Property Class: Residential
  • County Use Code: 110

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3321
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

1408 S Severn Ln has no associated ownership info
1408 S Severn Ln has no associated ownership info.

Taxes

1408 S Severn Ln has 10 associated Taxes items

1408 S Severn Ln, Sioux Falls, SD pays taxes in Minnehaha County, SD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $300,000. The APN we've located for 1408 S Severn Ln is 46704.

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Taxes
  • Assessed Value:  $300,000
  • Assessed Year:  2026
  • Assessed County:  Minnehaha
  • APN:  46704
  • Assessed Land Value:  34100
  • Market Land Value:  34100
  • Tax Amount:  5133.14
  • Tax Year:  2025
  • Market Value:  300000
  • Market Year:  2026

Tax History

1408 S Severn Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $300,000 Land Value $34,100 Improvement Value $265,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,133.14 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $271,600 Land Value $34,100 Improvement Value $237,500 Tax Amount $5,133.14 Change Rate +0.323308% Assessed CR Tax Rate +0.0189%
Year 2023 Assessed Value $271,600 Land Value $34,100 Improvement Value $237,500 Tax Amount $3,879.02 Change Rate +0.110131% Assessed CR Tax Rate +0.014282%
Year 2022 Assessed Value $229,800 Land Value $34,100 Improvement Value $195,700 Tax Amount $3,494.2 Change Rate +0.074114% Assessed CR Tax Rate +0.015205%
Year 2021 Assessed Value $207,600 Land Value Improvement Value Tax Amount $3,253.1 Change Rate +0.014666% Assessed CR Tax Rate +0.01567%
Year 2020 Assessed Value $202,100 Land Value Improvement Value Tax Amount $3,206.08 Change Rate +0.030662% Assessed CR Tax Rate +0.015864%
Year 2019 Assessed Value $192,508 Land Value Improvement Value Tax Amount $3,110.7 Change Rate +0.042292% Assessed CR Tax Rate +0.016159%
Year 2018 Assessed Value $187,031 Land Value Improvement Value Tax Amount $2,984.48 Change Rate +0.058612% Assessed CR Tax Rate +0.015957%
Year 2017 Assessed Value $174,869 Land Value $29,561 Improvement Value $145,308 Tax Amount $2,819.24 Change Rate +0.038398% Assessed CR Tax Rate +0.016122%
Year 2016 Assessed Value $168,382 Land Value $29,561 Improvement Value $138,821 Tax Amount $2,714.99 Change Rate +0.027537% Assessed CR Tax Rate +0.016124%
Year 2015 Assessed Value $157,453 Land Value $27,713 Improvement Value $129,740 Tax Amount $2,642.23 Change Rate +0.019163% Assessed CR Tax Rate +0.016781%
Year 2014 Assessed Value $156,161 Land Value $27,713 Improvement Value $128,448 Tax Amount $2,592.55 Change Rate Assessed CR Tax Rate +0.016602%