Opportunity is knocking! This updated historic Lead home has a successful vacation rental history with an anticipated annual CAP of almost 8%! Enter the front door pass through the arched entryway to the welcoming living room and formal dining room all with beautiful hardwood floors! The updated kitchen has amenities you expect along with charming character. Three spacious bedrooms, plenty of storage, and an updated bathroom complete the main floor. Upstairs has lots of usable space and a large bedroom. Downstairs you'll appreciate the generous family room with a large TV and surround sound along with a 2nd bathroom with a clawfoot tub, laundry room, and access to the oversize drive under garage. Relax and stay awhile in the private fenced-in backyard with a playhouse/garden shed. This adorable home is move-in ready or ready for you to expand its income potential! Do not miss out on this one! Schedule your tour today!
This beautiful home in the Sunnyhill Loop neighborhood of Lead offers a blend of the modern and Old World charm. The arched doorways, hardwood floors and vintage doorknobs combine with a remodeled kitchen and newer Anderson windows looking out on the Black Hills. The Master Bedroom on the upper floor is private with a walk-in storage area while the main floor bath has a Jacuzzi tub on a tiled floor. There is an alcove off the living room and bay windows in the kitchen. The sliding glass door goes from the kitchen onto a new Trex deck complete with railings and a secured gate across the stairs leading to the yard. The basement is knotty pine paneling and the basement bathroom has a new deep claw-foot tub with shower. All in all this house offers comfort and modern conveniences. Work area in Garage. A "Must See" home. Listed by Kevin Schilling, Black Hills Real Estate. 605-641-5848
MRAOR #64788
Sep 29, 2020
Sold
$234,000
$76/sq ft
May 29, 2020
Listed
$234,000
$76/sq ft
MRAOR #56286
Dec 21, 2017
Sold
$189,000
$61/sq ft
Sep 28, 2017
Listed
$189,000
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,834 (+5.9%)
$25,750 + $336,310
$362,060
2024
$4,564 (−5.4%)
$25,750 + $336,310
$362,060
2023
$4,822 (+1.3%)
$21,750 + $301,670
$323,420
2022
$4,759 (+9.4%)
$17,750 + $286,600
$304,350
2021
$4,351 (+14.0%)
2020
$3,816 (+42.3%)
2019
$2,682 (+0.4%)
$7,440 + $173,280
$180,720
2018
$2,670 (+1.3%)
$7,440 + $121,530
$128,970
2017
$2,637 (−3.9%)
$7,440 + $121,530
$128,970
2016
$2,743 (+2.3%)
$7,440 + $120,020
$127,460
2013
$2,681
Tax history for 611 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,834 (+5.9%)
$25,750 + $336,310
$362,060
2024
$4,564 (−5.4%)
$25,750 + $336,310
$362,060
2023
$4,822 (+1.3%)
$21,750 + $301,670
$323,420
2022
$4,759 (+9.4%)
$17,750 + $286,600
$304,350
2021
$4,351 (+14.0%)
2020
$3,816 (+42.3%)
2019
$2,682 (+0.4%)
$7,440 + $173,280
$180,720
2018
$2,670 (+1.3%)
$7,440 + $121,530
$128,970
2017
$2,637 (−3.9%)
$7,440 + $121,530
$128,970
2016
$2,743 (+2.3%)
$7,440 + $120,020
$127,460
2013
$2,681
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.