April 2020 REC Brochure

MLS#61918

$

1,900,000

2917 Mona Road • Aladdin, WY

This ranch has been used primarily for a cow/calf operation since the current owners have had possession.

Alum creek runs through the property. This property includes 3 wells, one flowing well and several dams. The current carrying capacity is approx. 150 pairs. There is abundant wildlife on the ranch and only family has been allowed to hunt. All the mineral and hunting rights will transfer to the new buyers.

The Real Estate Center of Spearfish has been listing and selling property in the Black Hills area since May of 1992. Our Owners, Broker Associates and Licensed Broker Assistants have a combined experience of over 150 years in the business.

INSIDE THIS ISSUE Page 4 Residential Check out our residential listings!

Page 5 Land Check out our land listings!

Page 7 Commercial Check out our commercial listings!

FINANCING YOUR HOME

The majority of people will have to finance their home by obtaining a home mortgage from a lending institution.

Compare mortgage lenders. One of the number 1 mistakes made by home buyers is NOT shopping around for a mortgage! Once you set aside some time to make a few inquiries, tell the truth. Mortgage quotes can vary based on your down payment, credit history, income, assets, and debt.

Calculate how much home you can afford. Consider your income as many banks will require that your monthly costs can’t exceed a percentage of your income. Consider your debts as the total monthly payments on existing debt plus new payments for your mortgage may not be allowed to exceed a certain threshold. Consider the down payment as most lenders prefer a down payment of 20% or higher to qualify for a loan, but if you don’t have 20% there are still loan options you might consider where you can put down less.

140 W. Jackson Blvd. • Spearfish, SD 57783 605-642-2525 • www.spearfishrealestatecenter.com

YOUR GUIDE TO HOME APPRAISAL

You’ve found your dream home and now it’s time to cross all your T’s and dot all your I’s before it’s all your own. And one of the first items on your closing checklist is the home appraisal. So, what exactly is that?

The home appraisal is essentially a value assessment of the home and property. It is conducted by a certified third party and is used to determine whether the home is priced appropriately.

During a home appraisal, the appraiser conducts a complete visual inspection of the interior and exterior of the home. He or she factors in a variety of things, including the home’s floor plan functionality, condition, location, school district, fixtures, lot size, and more. An upward adjustment is generally made if the home has a deck, a view, or a large yard. The appraiser will also compare the home to several similar homes that were sold within the last six months in the area.

The final report must include a street map showing the property and the ones’ compared, photographs of the interior and exterior, an explanation on how the square footage was calculated, market sales data, public land records, and more.

After it is complete, the lender uses the information found to ensure that the property is worth the amount they are investing. This is a safe-guard for the lender as the home acts as collateral for the mortgage. If the buyer defaults on the mortgage and goes into foreclosure, the lender generally sells the home to recover the money borrowed.

COMMUNITY INVOLVEMENT

We would like to extend a big CONGRATULATIONS to Sam Tobin, the $ 1,000 Sports Scholarship Winner of 2020.

We are also offering a $1,000 Scholastic Scholarship to a qualified senior graduating in 2020.

Applications are available at the SHS guidance office or online at www.spearfishrealestatecenter. com. Deadline for applications is April 17, 2020.

TOP PRODUCER Jason Richards

February 2020

TOP PRODUCING

BROKER ASSOCIATE

Cathy Buckmaster February 2020

RESIDENTIAL 195 Pine Cone Ave, Spearfish $ 1,425,000 • MLS#60692

444 Spirit Mountain Pl, Spearfish $ 775,000 • MLS#62124

204 Stone Gate Dr, Spearfish $ 379,900 • MLS#61921

1505 Becky Ct, Spearfish $ 347,900 • MLS#63957

6 BR • 8 BA • 5.77 Acres • 8,076 Sq. Ft. Situated on 5.77 acres above the City of Spearfish, this unique home offers a serene setting with untouched views of Crow Peak and the western range of the Black Hills.

4 BR • 3.5 BA • 4.93 Acres • 3,565 Sq. Ft. A perfect mountain retreat with unparalleled views and high-quality custom finishes.

Located in a remote, 3-home cul-de-sac on the rim of Spearfish Canyon.

3 BR • 2 BA • 0 Acres • 2,581 Sq. Ft. This elegant town home has everything you need on the main floor including golf course access. With so many unique facets to this home, you must see it to believe it!

4 BR • 3 BA • 0.67 Acres • 2,290 Sq. Ft. This home sits on a .67 acre lot with newer flooring throughout. Tile in entryway. Open living room, dining & kitchen areas. Nice pantry & plenty of storage!

251 Juniper Dr, Belle Fourche $ 269,500 • MLS#63728

832 Fairview Dr, Belle Fourche $ 235,000 • MLS#63862

1210 4th Ave, Belle Fourche $ 169,900 • MLS#63999

21178 Gilded Mountain Rd, Lead $ 518,000 • MLS#61609

21185 Lost Camp Trl, Lead $ 485,000 • MLS#61428

21752 Penny Ln, Nemo $ 959,000 • MLS#63532

21752 Penny Ln, Nemo $ 749,000 • MLS#63737

13989 Perry Pl, Rapid City $ 1,295,000 • MLS#63986

4 BR • 3 BA • 0 Acres • 2,700 Sq. Ft. 4 BR • 2 BA • 0.23 Acres • 1,860 Sq. Ft. This home on the edge of the city boasts an The expansive backyard and mature trees open floor plan with vaulted ceilings, hardare just a couple of the many highlights of this two story home located in a mature wood floors, tiled bathrooms, large back deck neighborhood in the center of Belle Fourche. and fenced yard with a sprinkler system.

3 BR • 2 BA • 0.21 Acres • 1,740 Sq. Ft. 4 BR • 2.5 BA • 0.38 Acres • 2,368 Sq. Ft. This adorable home has a “ginger bread cot- Amazing Cabin at Gilded Mountain...This is a fully furnished cabin with a good summer tage feel”. This house features a full master suite in the lower level. The home has nearly vacation rental history. Truly a turnkey propernew siding, windows, and furnace/ac unit. ty that is in a convenient location to the BH.

5 BR • 3.5 BA • 0.38 Acres • 2,760 Sq. Ft. 6 BR • 3 BA • 71.44 Acres • 3,900 Sq. Ft. 6 BR • 3 BA • 25.03 Acres • 3,900 Sq. Ft. 5 BR • 6 BA • 19 Acres • 5,158 Sq. Ft. Fully furnished, turn-key vacation rental cabin This property should check all the boxes This property should check all the boxes The Perry Place Ranchette is a horse at Terry Peak! A lot of thought has been put on your BH Dream home. Streams, ponds, on your BH Dream home. Streams, ponds, enthusiast’s dream and is perfectly positioned into this property from design to finish materi- borders BH National Forest, has easy access, borders BH National Forest, has easy access, 13 minutes to the city center, completely abundant wildlife and is fenced for horses. abundant wildlife and is fenced for horses. paved. The entire property is fully fenced. als will be evident when you walk through.

225 Pine St, Hulett, WY $ 292,500 • MLS#62538

3 BR • 2 BA • 0.22 Acres • 3,060 Sq. Ft. This home is located in a gorgeous setting just across the street from a park and a picnic shelter, and is surrounded by the beautiful red cliffs of Hulett, Wyoming.

LAND Windmill & Paramount Dr, Spearfish $ 1,200,000 • MLS#63589

TBD Windmill Dr, Spearfish $ 899,000 • MLS#63591

TBD Crow Peak Bench, Spearfish $ 440,000 • MLS#61629

TBD Paramount Dr, Spearfish $ 345,000 • MLS#63590

13.42 Acres • Subdiv.: YES • Coven.: YES The opportunities are endless on the 13.42 acres that has easy access off of I-90 from Exit 14 to Paramount Drive as well as Windmill Drive in Sandstone Addition.

9.87 Acres • Subdiv.: YES • Coven.: YES The opportunities are endless on the 9.87 acres that has easy access off of I-90 from Exit 14 to Windmill Drive in the Sandstone Addition.

40 Acres • Subdiv.: NO • Coven.: NO This is a gorgeous piece of BH land with views of Higgins Gulch, Crow Peak, Lookout Mtn and the Northern Plains. Borders G,F&P with several building sites to choose from.

3.55 Acres • Subdiv.: YES • Coven.: YES The opportunities are endless on the 3.55 acres that has easy access off of I-90 from Exit 14 to Paramount Drive in the Sandstone Addition.

19992 Ridgefield Loop, Spearfish $ 175,000 • MLS#63600

2003 Pony Express, Spearfish $ 99,900 • MLS#60767

TBD Timberline, Spearfish $ 99,500 • MLS#63440

TBD Aspen Hills Rd, Spearfish $ 59,000 • MLS#63753

3.39 Acres • Subdiv.: YES • Coven.: NO 360 degree views of the Black Hills and South Dakota Prairie can be found at the top of this lot with multiple building sites situated between mature pine trees.

0.38 Acres • Subdiv.: YES • Coven.: YES Corner lot in Sandstone with views of Spearfish Mountain, Crow Peak and easy access Lookout Mountain hiking trail. The level lot is ready to build your future home.

10.02 Acres • Subdiv.: YES • Coven.: YES Located on the western edge of Spearfish in Pine Oaks Subdivision, this 10 acres has several great building sites. Great views of Lookout Mountain & Crow Peak.

11.29 Acres • Subdiv.: YES • Coven.: YES This secluded lot is located at the end of the road and is heavily wooded with mature pine trees. Mountain bike trails, snowmobile trails and 4 wheel trails are just down the road.

TBD Mountain Plains I, Spearfish $ 59,000 • MLS#57358

TBD Powderhorn Ct, Spearfish $ 40,000 • MLS#63617

326 Cottage Hill Ln, Spearfish $ 35,000 • MLS#60541

TBD Spring Creek Rd, Belle Fourche $ 75,000 • MLS#63343

2.57 Acres • Subdiv.: YES • Coven.: YES A RARE FIND! 2.57acres in Mountain Plains I. Great building options, scattered pines and quick access to town on paved roads! Grab it before it’s gone. Very few lots left available.

0.12 Acres • Subdiv.: YES • Coven.: YES Opportunity! Nice lot located in Sandstone Subdivision with views of Crow Peak and boarders city of Spearfish land for privacy and unobstructed views.

0.20 Acres • Subdiv.: YES • Coven.: YES Build your home on the last lot available on Cottage Hill Lane in Sandstone Hills.

HOA fee is $125/mo and pays for snow, lawn and sprinklers.

9.86 Acres • Subdiv.: NO • Coven.: NO Hard to find a property like this, close to town. Located along the Highway-Easy Access. There is an access easement through property along existing road to two adjacent properties.

TBD 8th Ave, Belle Fourche 32,000 each • MLS#62380-2

220 Purl St, St. Onge $ 32,900 • MLS#62863

TBD Morning Star Rd, Lead $ 109,000 • MLS#62379

TBD Paradise Acres, Lead $ 65,000 • MLS#53574

$

0.02 Acres • Subdiv.: NO • Coven.: NO Nice lots within the city. Each lot is 0.2 acres.

You can build, place a Governors Home, or a manufactured home (with a special use permit from the city).

0.30 Acres • Subdiv.: NO • Coven.: YES Rare lot available and ready for your new home. Double wide mobile/manufactured or modular homes ARE ALLOWED if on a permanent foundation OR concrete piers.

7.65 Acres • Subdiv.: YES • Coven.: YES 2.13 Acres • Subdiv.: YES • Coven.: YES This Paradise Acres lot is quite possibly the This home site in Paradise Acres is perfectly nicest home site in the Northern Hills! This lot positioned to take advantage of beautiful reveals breathtaking views of Terry Peak views, privacy and ease of access. One of the and the beauty of the Black Hills. earliest lots originally sold in the subdivision.

LAND TBD Penny Ln, Nemo 410,000 • MLS#63985

$

41.41 Acres • Subdiv.: NO • Coven.: NO This land includes streams, ponds, borders Black Hills National Forest, easy access, abundant wildlife, over 41 acres, and meadows. Has BH Energy on property.

TBD Penny Ln, Nemo 363,875 • MLS#63742

$

29.11 Acres • Subdiv.: NO • Coven.: NO This land includes streams, ponds, borders Black Hills National Forest, easy access, abundant wildlife, over 29 acres, and meadows. Has BH Energy on property.

RANCH

TBD Penny Ln, Nemo 153,750 • MLS#63741

$

12.30 Acres • Subdiv.: NO • Coven.: NO This land includes streams, ponds, borders Black Hills National Forest, easy access, abundant wildlife, over 12 acres, and meadows. Has BH Energy on property.

14116 Sturgis Road, Piedmont $ 1,995,000 • MLS#62757

34.16 Acres • 4 BR/3 BA Home This parcel includes more than 1,600 ft. of I-90 frontage and over 1,700 ft. of service road frontage. Currently the property is being used as an equestrian center.

COMMERCIAL/INDUSTRIAL TBD 1st Ave, Spearfish 2,221,560 • MLS#61627

145 E Hudson St, Spearfish $ 2,400/mo • MLS#63635

741 Main St #250, Spearfish $ 950/mo • MLS#63098

741 Main St #220, Spearfish $ 600/mo • MLS#63096

$

15 Acres • Subdiv.: NO • Coven.: NO 2,400 Sq. Ft. • Subdiv.: NO • Coven.: NO Prime development property with water and Building has a shared entrance with the possewer, gas and power. Develop a business in sibility of leasing 2 office spaces and only 1/2 a business friendly state, no state income tax, of the building. There is a commons kitchen and a great work force available. area and additional storage in the back.

1,442 Sq. Ft. • Subdiv.: NO • Coven.: NO Take advantage of this first class location in Spearfish. Newly constructed in 2018, this 2nd floor office/retail space is yours for the taking. Up to 7,000 sq. ft. is available.

899 Sq. Ft. • Subdiv.: NO • Coven.: NO Take advantage of this first class location in Spearfish. Newly constructed in 2018, this 2nd floor office/retail space is yours for the taking. Up to 7,000 sq. ft. is available.

1 5th Ave, Belle Fourche $ 1,600,000 • MLS#62445

2107 5th Ave, Belle Fourche $ 199,000 • MLS#63592

44,672 Sq. Ft. • Subdiv.: YES • Coven.: NO With over 4.5 acres total and just over 1.75 acres of concrete parking, a better deal cannot be found. Located at the intersection of US Hwy 85 and US Hwy 212.

0.94 Acres • 14 Units • Prime Location There is city water, sewer and electricity on the lot. The possibilities are limitless. This property is located on Hwy 85 with one of the highest traffic counts anywhere.

741 Main St #230, Spearfish $ 1,675/mo • MLS#63097

741 Main St #210, Spearfish $ 1,475/mo • MLS#63095

2,500 Sq. Ft. • Subdiv.: NO • Coven.: NO Take advantage of this first class location in Spearfish. Newly constructed in 2018, this 2nd floor office/retail space is yours for the taking. Up to 7,000 sq. ft. is available.

2,216 Sq. Ft. • Subdiv.: NO • Coven.: NO Take advantage of this first class location in Spearfish. Newly constructed in 2018, this 2nd floor office/retail space is yours for the taking. Up to 7,000 sq. ft. is available.

120 Industrial Dr, Spearfish $ 12/Sq. Ft./Mo • MLS#62611

120 Industrial Dr, Spearfish $ 9/Sq. Ft./Mo • MLS#62612

913 State St, Belle Fourche $ 89,000 • MLS#63595

TBD Industry Pl, Whitewood $ 77,800 each • MLS#59751-3

5,000 Sq. Ft. • Subdiv.: NO • Coven.: NO 20,000 Sq. Ft. • Subdiv.: NO • Coven.: NO Spearfish Economic Development Corp is Spearfish Economic Development Corp is happy to offer this commercial property for happy to offer this commercial property for lease. This office space features 5,000 sq. ft. lease. This office space features 20,000 sq. ft. that can be customized to meet your needs. that can be customized to meet your needs.

0.10 Acres • Subdiv.: YES • Coven.: NO This building could easily be turned into residential living. Already in the property is a full bath, a 1/2 bath, add window, do some remodeling and it would be ready to live in.

.91&.95 Acres • Subdiv.: NO • Coven.: YES One of the finest industrial parks in the Northern BH. Easy access to the Interstate with paved roads to the lot. Level lot, power, gas and water to site.

Tina Grable

Real Estate Renter Center Property Manager

605-717-5555

Jennifer Gabriel

Business Manager

605-642-2525

Shelby Moyer

Administrative Assistant

605-642-2525

Grace McMillin

Marketing Director

605-642-2525

Sue Cramer

Polly Garrett

Ryan Wordeman

Kari Engen

Kade Welfl

Beth Mathis

Lori DeVries

Owner/Managing Broker Owner/Broker Associate Owner/Broker Associate Owner/Broker Associate Owner/Broker Associate Owner/Broker Associate Owner/Broker Associate

605-645-2391 605-645-2331 605-484-7803 605-641-0670 605-210-0010 605-645-6284 605-641-7529

Jason Richards

Owner/Broker Associate

Pattie Parrett

Broker Associate

LuAnn Bice

Broker Associate

Cathy

Buckmaster Broker Associate

Stephanie Eddie Broker Associate

Kellie Peotter

Broker Assistant

John Marta

Broker Assistant

605-381-1087 605-645-1809 605-660-4431 605-210-2222 605-645-6315 605-641-7295 605-641-9767