REC Brochure September 2020

MLS#65100

$

375,000

275 Caddy Drive • Spearfish

The attention to detail was right on point with this Spearfish Country Club townhome. Features include a brand new remodeled kitchen with granite, quality cabinets including all the bells, whistles & appliances; a tastefully redone master bath including a tile walk-in shower, heated floor & granite counter tops; a new fireplace & built-in shelves in the living room, and a gorgeous cork flooring in the main level living area. The garage will be easy to keep organized with built-in storage. Outside you will enjoy the amazing view off the generously sized trex deck with retractable awning.

We are real estate professionals that will work hard for you!

INSIDE THIS ISSUE Page 3 Residential Check out our residential listings!

Page 4 Land Check out our land listings!

Page 6 Commercial Check out our commercial listings!

TOP PRODUCER Kari Engen July 2020

TOP PRODUCING

BROKER ASSOCIATE

Cathy Buckmaster July 2020

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

Buying a Home?

Plan for These Hidden Costs

BY JONATHAN DEESING

Get those rainy day funds in order — you’re going to need them.

You’re excited because you just found the perfect home.

The neighborhood is great, the house is charming and the price is right.

But the asking price is just the beginning. Be prepared for additional — and often unexpected — home-buying costs that can catch buyers unaware and quickly leave you underwater on your new home.

Expect the unexpected. For almost every person who buys a home, the spending doesn’t stop with the down payment. Homeowners insurance and closing costs, like appraisal and lender fees, are typically easy to plan for because they’re lumped into the home-buying process, but most costs beyond those vary.

The previous owners of your home are the biggest factor affecting your move-in costs. If they take the refrigerator when they move out, you’ll have to buy one to replace it. The same goes for any large appliance.

And while these may seem like a small purchase compared to buying a home, appliances quickly add up — especially if you just spent most of your cash on a down payment.

You’ll also be on the hook for any immediate improvements the home needs, unless you negotiate them as part of your home purchase agreement.

Unfortunately, these costs are the least hidden of those you may encounter.

When purchasing a home, definitely hire a home inspector (this costs money too!) to ensure the home isn’t going to collapse the next time it rains.

Inspectors look for bad electrical wiring, weak foundations, wood rot and other hidden problems you may not find on your own.

Worse still, these problems are rarely covered by home insurance. If an inspector discovers a serious problem, you’ll then have to decide if you still want to purchase the home. Either way, you’ll be out the cost of hiring the inspector.

Consider the creature comforts. Another cost is your own comfort. There are a number of smaller considerations you may not think about until after you move in.

Are you used to having cable? If so, is your new home wired for cable? It’s much harder to watch a technician crawling around punching holes in your walls when you own those walls.

And if you’re moving from the world of renting to the world of homeownership, you’ll probably be faced with much higher utility bills. Further, you could find yourself paying for utilities once covered by a landlord, like water and garbage pickup.

Plan ahead. The best way to prepare for the unknown and unexpected is through research and planning. This starts with budgeting before house hunting and throughout your search.

Look at homes in your budget that need improvements, and then research how much those improvements could cost. Nothing is worse than buying a home thinking you can fix the yard for a few hundred dollars and then realizing it will cost thousands.

There’s really no limit to how prepared you can be. Say you find a nice home that’s priced lower than others in the area because of its age. You may save money on the list price, but with an older house, you could be slapped with a much higher home insurance payment, making the house more expensive in the long run.

This is where preparation comes in. Research home insurance and property prices in the areas you’re considering to make more educated decisions before you ever make that first offer.

Clearly define how much you intend to put toward your down payment, and then look at how much cash that leaves for improvements and minor costs, like changing the locks. That way, when you find a house at the high end of your range, you’ll know to walk away if it requires a new washer and dryer or HVAC system upgrade.

Establish a rough estimate for as many costs as you can think of, and be extremely critical of homes at the top of your budget — otherwise, you could easily end up being house-poor.

Know your budget and plan ahead. Buying a home is a lot less scary when you know what you’re getting into.

RESIDENTIAL 705 Pro Rodeo Dr, Spearfish $ 616,000 • MLS#65205

122 W Pine St • Spearfish $ 599,900 • MLS#65632

2220 Arrowhead Cir, Spearfish $ 334,900 • MLS#65671

4 BR • 3.5 BA • 0.74 Acres • 3,546 Sq. Ft. 3 BR • 3 BA • 3.46 Acres • 3,563 Sq. Ft. 3 BR • 2 BA • 0.40 Acres • 1,438 Sq. Ft. Have it all with this zero entry, quality home! You will love the spacious rooms, lots of cabi- Everything on one level! Open concept kitchYou will love the convenient location with netry in the kitchen, beautiful hardwood floors, en, living & dining areas. 9’ ceilings. Granite quick access to schools, parks and shopping vaulted ceiling & wall of windows, fireplace counter tops. Large windows allow lots of light within just a few minutes, all on a .74 Acre lot. and relaxing atmosphere inside and out. into this home. Concrete patio off living room.

2030 12th Ave, Belle Fourche $ 277,000 • MLS#64490

4 BR • 3 BA • 0.51 Acres • 2,768 Sq. Ft. Quality throughout is what this house has, beautiful rustic pecan cabinets in a beautifully done kitchen. The huge yard features raised bed gardens, a pond, and 2 storage sheds.

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

311 Custer St #224, Belle Fourche 11468 Foothills Ranch Ln, St. Onge $ $ 29,900 • MLS#64947 575,000 • MLS#65407 3 BR • 2 BA • 0 Acres • 1,280 Sq. Ft. Great starter home! New laminated flooring throughout and a brand new air conditioning unit. Lot rent is $210.00/Mo. Dogs allowed with park permission at $50 more a month.

10049 Jersey Springs Ln, Lead $ 360,000 • MLS#64838

4 BR • 2.5 BA • 0.38 Acres • 2,368 Sq. Ft. 4 BR • 1.5 BA • 10 Acres • 2,004 Sq. Ft. Amazing Cabin at Gilded Mountain...This is a Witness the elk and turkey frolicking on your fully furnished cabin with a good summer 10 acre meadow at this remote cabin. This vacation rental history. Truly a turnkey proper- home features 4 BR, including a bunk house, ty that is in a convenient location to the BH. a 2 stall garage, shop, RV carport and more.

RANCH

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.

2 BR • 2.5 BA • 41 Acres • 1,821 Sq. Ft. False Bottom Creek meanders around the property with an older home and large outbuildings. Secluded country living with great access, 3/4 mile off of SD Highway 34.

356 Highway 212, Belle Fourche $ 849,900 • MLS#65357

4 BR • 4 BA • 66.10 Acres • 5,486 Sq. Ft. An extremely rare find, nestled in the pines, close to paved roads, and a home beyond your wildest dreams. This home has so many amenities it is hard to describe.

649 Teton Way, Whitewood $ 192,500 • MLS#65145

3 BR • 2 BA • 0 Acres • 1,789 Sq. Ft. Great setup for spacious living, dining, and kitchen open concept. Great view with 2 car garage, family room, bath & bedroom on main floor. Fenced backyard and garden area.

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

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

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.

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

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.

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

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.

TBD Lookout Mtn Rd, Spearfish $ 314,900 • MLS#64075

19992 Ridgefield Loop, Spearfish Lot 10 Centennial Vista Ave, Spearfish Lot 12 Centennial Vista Ave, Spearfish $ $ $ 175,000 • MLS#63600 119,500 • MLS#65662 119,500 • MLS#65663

Lot 15 Centennial Ave, Spearfish $ 98,500 • MLS#65362

2003 Pony Express Ln, Spearfish $ 89,900 • MLS#64537

TBD Mountain Plains I, Spearfish $ 49,900 • MLS#57358

TBD Alder Pl, Sturgis 730,000 • MLS#64454

TBD Lookout Trl, Lead $ 115,000 • MLS#65142

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

29.32 Acres • Subdiv.: YES • Coven.: YES 3.39 Acres • Subdiv.: YES • Coven.: YES 3.30 Acres • Subdiv.: YES • Coven.: YES The property features a forested building 360 degree views of the Black Hills and South This quality home site offers view, power, site and then flows into the grassland below. Dakota Prairie can be found at the top of this water AND grading improvements that make All accessible from Lookout Mtn Rd. Truly a lot with multiple building sites situated it build ready. Located just off HWY 85. gorgeous piece of land with a view of the hills. between mature pine trees.

Outstanding views of Centennial Valley.

3.39 Acres • Subdiv.: YES • Coven.: YES 0.38 Acres • Subdiv.: YES • Coven.: YES 2.57 Acres • Subdiv.: YES • Coven.: YES A Beautiful level, wooded lot with electric and Corner lot in Sandstone with views of Spear- RARE FIND! 2.57acres in Mountain Plains I. water to lot line. Stunning views of Lookout fish Mountain, Crow Peak and easy access Great building options, scattered pines and Mountain, Centennial Valley and the Black Lookout Mountain hiking trail. The level lot is quick access to town on paved roads! Grab it Hills. Water fee is $50/mo once home is built. ready to build your future home. before it’s gone. Very few lots left available.

$

48.47 Acres • Subdiv.: NO • Coven.: NO Located less than 1/2 mile to Lazelle Street sits 48.47 acres with 2,400 lineal feet of I-90 frontage, 3 billboards and endless development opportunity. Electricity runs length of lot.

0.37 Acres • Subdiv.: YES • Coven.: YES Ready to build lot near Terry Peak.

This lot has great views and access and is relatively flat! Located in Lost Camp Valley Subdivision.

2.13 Acres • Subdiv.: YES • Coven.: YES This home site in Paradise Acres is perfectly positioned to take advantage of beautiful views, privacy and ease of access. One of the earliest lots originally sold in the subdivision.

3.84 Acres • Subdiv.: YES • Coven.: YES This quality home site offers view, power, water AND grading improvements that make it build ready. Located just off HWY 85.

Outstanding views of Centennial Valley.

TBD Avalanche Rd, Sturgis $ 750,000 • MLS#64483

83.71 Acres • Subdiv.: NO • Coven.: NO Approximately 1/2 mile to Lazelle Street sits 83.71 acres including 102 camper hookups, with 2 septic systems and a shared water system with the adjoining campground.

COMMERCIAL/INDUSTRIAL 125 Industrial Dr, Spearfish $ 1,750,000 • MLS#64128

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

51,490 Sq. Ft. • Subdiv.: NO • Coven.: NO Easy access to I-90. This building features 7,500 SF of office space, 30,000+SF of warehouse/production space, loading docks and roughly 13,500 SF of paint/prep space.

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.

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.

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

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

14116 Sturgis Rd, Piedmont $ 1,295,000 • MLS#64206

TBD Sturgis Rd, Piedmont $ 525,000 • MLS#64207

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.

22 Acres • Subdiv.: NO • Coven.: NO 12 Acres • Subdiv.: NO • Coven.: NO This 22 acre parcel includes I-90 frontage and This 12 acre parcel includes I-90 frontage and service road frontage. A 2,400 sq. ft. home is service road frontage. 1 billboard is located situated at the entrance of the property and adjacent to I-90 on the northern edge of the includes 4 BR, 3 BA and a 2 car garage. property with a lease agreement in place.

O U R A G E N T S

Sue Cramer

Ryan Wordeman

605-645-2391

605-484-7803

Owner/Managing Broker

Kari Engen

Kade Welfl

Owner/Broker Associate

Owner/Broker Associate

Owner/Broker Associate

Beth Mathis

Lori Caldwell DeVries

Jason Richards

Polly Garrett

605-645-6284

605-641-7529

605-381-1087

605-645-2331

Owner/Broker Associate

Owner/Broker Associate

605-641-0670

605-210-0010

Broker Associate

Owner/Broker Associate

Pattie Parrett

LuAnn Bice

Cathy Buckmaster

Stephanie Eddie

605-645-1809

605-660-4431

605-210-2222

605-645-6315

Shelby Cihak

Kellie Peotter

John Marta

Nellie Enderby

605-641-1835

605-641-7295

605-641-9767

605-645-7473

Broker Associate

Broker Associate

Broker Associate

Tina Grable

Jennifer Gabriel

605-717-5555

605-642-2525

RERC Property Manager

Business Manager

Broker Assistant

Broker Associate

Broker Assistant

Broker Associate

Shelby Moyer

Grace Ellenbecker

605-642-2525

605-642-2525

Administrative Assistant

Marketing Director

Broker Assistant

S T O A U F R F

Our Contact 140 W Jackson Blvd.

Spearfish, SD 57783 605-642-2525 605-642-3647 (f)

Our Specialties • Honesty and Integrity • Personalized and Quality Service for our Clients • Worldwide Marketing and Technology • Commitment to Client Needs

Our Company

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 one hundred fifty years in the business. Over the past two decades, we have grown and prospered in pace with the strong economy of the Black Hills. We handle all areas of Real Estate including Residential, Multi-Family, Commercial, Farm/Ranch and Land Development.

Our team takes pride in their professionalism, hard work ethic and outstanding customer service.