Large Location Icon

505 S Red Spruce Ave; Sioux Falls, SD Property Details

505 S Red Spruce Ave, Sioux Falls, SD is a Single Family that was built in 2018. This property is currently Financed and is not for sale. Our records show that 505 S Red Spruce Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,615 square feet. The lot size of 505 S Red Spruce Ave is 12,571 square feet.

Off market
505 S Red Spruce Ave Sioux Falls, SD 57110
$664,311 Estimated Value
4 Beds
2.5 Baths
1,615 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $487,000
  • Open Loans / Balance: 1 / $229,331
  • Est. Equity / %: $510,669 / 69.01%
  • Gross Yield: 6.558%
  • APN: 81648
  • Situs County: Minnehaha
  • Length Of Ownership: 7 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B-
  • Roof Type: Gable Or Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,615/SqFt
  • Lot: 12,571/SqFt
  • Garage: 820/SqFt
  • Living: 1,615/SqFt
  • Basement: 2,363/SqFt
  • Building: 1,615/SqFt
  • Basement Finished: 1,320/SqFt
  • Price Per Square Foot: $301.55

Legal Description

  • Description: LOT 2A BLOCK 1 ARBOR`S EDGE ADDITION TO THE CITY OF SIOUX FALLS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Brandon Valley School District 49-2
  • Lat / Lon: 43.542248 / -96.62506
  • Subdivision: Arbor`S Edge Addition
  • Property Class: Residential
  • County Use Code: 110

Amenities

  • Plus Four: 6274
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Type: Home Owner Association

Ownership Info

505 S Red Spruce Ave has no associated ownership info
505 S Red Spruce Ave has no associated ownership info.

Taxes

505 S Red Spruce Ave has 10 associated Taxes items

505 S Red Spruce Ave, 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 $664,311. The APN we've located for 505 S Red Spruce Ave is 81648.

Unlock the full report
Taxes
  • Assessed Value:  $664,311
  • Assessed Year:  2026
  • Assessed County:  Minnehaha
  • APN:  81648
  • Assessed Land Value:  72197
  • Market Land Value:  72197
  • Tax Amount:  8376.72
  • Tax Year:  2025
  • Market Value:  664311
  • Market Year:  2026

Tax History

505 S Red Spruce Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $664,311 Land Value $72,197 Improvement Value $592,114 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,376.72 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $653,400 Land Value $73,000 Improvement Value $580,400 Tax Amount $8,376.72 Change Rate -0.012147% Assessed CR Tax Rate +0.01282%
Year 2023 Assessed Value $602,000 Land Value $73,000 Improvement Value $529,000 Tax Amount $8,479.72 Change Rate +0.032875% Assessed CR Tax Rate +0.014086%
Year 2022 Assessed Value $552,200 Land Value $73,000 Improvement Value $479,200 Tax Amount $8,209.82 Change Rate +0.133959% Assessed CR Tax Rate +0.014867%
Year 2021 Assessed Value $470,200 Land Value Improvement Value Tax Amount $7,239.96 Change Rate -0.019701% Assessed CR Tax Rate +0.015398%
Year 2020 Assessed Value $460,400 Land Value Improvement Value Tax Amount $7,385.46 Change Rate +0.435653% Assessed CR Tax Rate +0.016041%
Year 2019 Assessed Value $257,750 Land Value Improvement Value Tax Amount $5,144.32 Change Rate +3.382919% Assessed CR Tax Rate +0.019959%
Year 2018 Assessed Value $52,500 Land Value Improvement Value Tax Amount $1,173.72 Change Rate +0.547239% Assessed CR Tax Rate +0.022357%
Year 2017 Assessed Value $35,000 Land Value $35,000 Improvement Value Tax Amount $758.59 Change Rate -0.027686% Assessed CR Tax Rate +0.021674%
Year 2016 Assessed Value $35,000 Land Value $35,000 Improvement Value Tax Amount $780.19 Change Rate -0.06164% Assessed CR Tax Rate +0.022291%
Year 2015 Assessed Value $35,000 Land Value $35,000 Improvement Value Tax Amount $831.44 Change Rate Assessed CR Tax Rate +0.023755%
Year 2014 Assessed Value $35,000 Land Value $35,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate