This has been a great income producing asset but would be a wonderful single family residence in a safe neighborhood. It is a split foyer home with two bedrooms and two bathrooms upstairs, one of which is an ensuite. Large living room and kitchen, gas fireplace separates the dining from the living room. Basement is laid out on plan for 2 more bedrooms, a bathroom, and a family room when it is finished. The basement is currently set up as a game room with plenty of space for the pool table, foosball table, & ping pong table. Highly desirable central location, minutes from Black Hills Energy, medical facilities, shopping, schools, parks, pools, ball fields, and churches. It has it all. Wonderful curb appeal upon arrival. Visit this charmingly designed 2 bedroom, 2 bathroom, 2 car garage home with a total of 2488 sq ft. Rental bookings are strong over the next few months and the owner would be willing to work with a buyer on transferring those or they can be cancelled if the new owner decides to occupy the home.
Sold for $395,000
$395,000
4612 Mandalay Ln, Rapid City, SD 57701
2beds
2,488sqft
Site Built
Built in 2009
7,405 Square Feet Lot
$394,800 Zestimate®
$159/sqft
$2,473 Estimated rent
Home value
$394,800
$367,000 - $422,000
$2,473/mo
Zestimate® history
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Pool tableFoosball tableWonderful curb appealPing table
Zillow last checked:
Listing updated:
Listed by:
Ryan Kelly,
Oak & Key Realty, LLC
Bought with:
Nicolas Quettier
The Real Estate Group Rapid City
Source: Mount Rushmore Area AOR,MLS#: 80819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Fireplace(s)
Cooling
- Refrig. C/Air
Appliances
- Included: Refrigerator, Gas Range Oven, Microwave, Washer, Dryer
- Laundry: In Basement
Features
- Vaulted Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Game Room
- Flooring: Carpet, Vinyl
- Windows: Window Coverings
- Basement: Walk-Out Access,Unfinished
- Number of fireplaces: 1
- Fireplace features: One, Insert, Living Room
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
Property
Parking
- Total spaces: 2
- Parking features: Two Car, Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Split Foyer
- Patio & porch: Porch Covered, Open Deck
- Exterior features: Sprinkler System
- Fencing: Partial
Lot
- Size: 7,405 Square Feet
- Features: Lawn, Rock
Details
- Parcel number: 3724228007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Site Built
Materials
- Frame
- Foundation: Poured Concrete Fd.
- Roof: Composition
Condition
- Year built: 2009
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: South Pointe
HOA
- Amenities included: None
- Services included: None
Location
- Region: Rapid City
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $366,600
- Annual tax amount: $4,984
- Date on market: 7/1/2024
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $395,000-1.1%$159/sqft |
Source:  Mount Rushmore Area AOR #80819 Report a problem | ||
| 12/9/2024 | Contingent | $399,500$161/sqft |
Source:  Black Hills AOR #169425 Report a problem | ||
| 9/26/2024 | Price change | $399,500-6%$161/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 9/17/2024 | Price change | $425,000-2.3%$171/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 8/30/2024 | Price change | $435,000-4.4%$175/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 8/22/2024 | Price change | $455,000-4.2%$183/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 7/30/2024 | Price change | $475,000-4%$191/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 7/12/2024 | Price change | $495,000-3.9%$199/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 7/1/2024 | Listed for sale | $515,000+47.1%$207/sqft |
Source: Black Hills AOR #169425 Report a problem | ||
| 11/2/2021 | Sold | $350,000-2.8%$141/sqft |
Source: Agent Provided Report a problem | ||
| 9/14/2021 | Pending sale | $359,900$145/sqft |
Source: Local MLS #155782 Report a problem | ||
| 9/10/2021 | Listed for sale | $359,900$145/sqft |
Source: Local MLS #155782 Report a problem | ||
| 8/21/2021 | Pending sale | $359,900$145/sqft |
Source: Local MLS #155782 Report a problem | ||
| 8/20/2021 | Listed for sale | $359,900+82.2%$145/sqft |
Source: Local MLS #155782 Report a problem | ||
| 10/19/2009 | Sold | $197,500$79/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,984 -13% | $366,600 +0% |
| 2024 | $5,726 +38.9% | $366,500 -9.9% |
| 2023 | $4,123 +11.5% | $406,900 +21.1% |
| 2022 | $3,697 | $335,900 +23.2% |
| 2021 | -- | $272,700 +3.5% |
| 2020 | $3,685 +6.9% | $263,400 +8% |
| 2019 | $3,446 +8.9% | $243,900 +9.3% |
| 2018 | $3,165 +1.2% | $223,200 -1.3% |
| 2017 | $3,127 | $226,100 +1.1% |
| 2016 | $3,127 -5.5% | $223,600 +0.4% |
| 2015 | $3,307 | $222,600 +3% |
| 2014 | $3,307 | $216,200 +25% |
| 2012 | -- | $173,000 |
Find assessor info on the county website
Neighborhood: 57701
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Nearby schools
GreatSchools rating
- 7/10Grandview Elementary - 06Grades: K-5Distance: 1.1 mi
- 3/10South Middle School - 36Grades: 6-8Distance: 1.8 mi
- 2/10Central High School - 41Grades: 9-12Distance: 3.6 mi
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- South Dakota
- Pennington County
- Rapid City
- 57701
- 4612 Mandalay Ln
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