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Maria Broker Sieck-Strobel Associate
The Home Journal, July 2015
605-391-3565 • 605-343-2700
2700 W. Main St. Rapid City, SD 57702
mariasieckstrobel@coldwellbanker.com
Results that move you...if you are buying or selling, call me today!
22753 Pickarts Lane
335 Alpine Dr
Thishomeisreadyforyourfamily!2,474sq.ft.featuring4bedroomsand3bathrooms.Openandbrightfloor plan. Large foyer area with coat closet. Kitchen and dining area combined with center island and updated stainless steel appliances. Sliding glass door leads out to the freshly stained deck off of the dining room. The master bedroom has a large walk in closet and a master bathroom with a brand new corner garden tub with tile surround. Also, sliding glass doors from the master bedroom to a private backyard deck. The large family room in the basement is perfect for all activities. The walk out basement leads to a small patio area and winds around to the HUGE backyard. Water heater is also new. Tons of space for extra parking and storage. Take a look at this fabulous home! MLS#123154 $229,900
Adorable A-frame nestled in the pines. 3 bedroom and 2 bathrooms within 1,452 sq. ft. Separate dining and cozy living room. Loft for cozy reading or office area. Deck perfect for grilling and enjoying a summer evening in the Black Hills. MLS#120133 $184,900
7206 Peaceful Pines Rd
This property is loaded! 4 bedrooms (1 down not to code) and 2 bathrooms within 2,288 sq ft on 1.80 acres in the pines. This home has an open floor plan and has had many updates including: flooring, paint, lighting, countertops (bathrooms & kitchen), kitchen backsplash, French doors, new water pressure pump, new concrete behind house and the attached garage is completely finished. and hey guys...wait for it...a heated 30x40 shop with 12 ft ceilings!!! Don’t miss taking a look at this fabulous property!!! MLS# 121884 $258,000
Looking for a vacation home? Properties in the beautiful Black Hills. Call for more information. Price reduced $15,000
Price reduced $14,000
Beautiful one owner home with 5 bedrooms and four full baths. Quiet westside setting on a one third acre lot with trees and room to roam. It has formal dining, an office and laundry all on the main floor. It comes with appliances and window coverings. Impressive 20 foot ceilings in the living room with lots and lots of windows. It also has an oversized three car garage for you toys. Central air, sprinkler system, 50 year shingles and a breakfast nook are just a few of the amenities offered in this home. Super convenient and there is also room for a legal 6th bedroom in the walkout basement. Call me at 605-939- 8656 for a personal showing on this great family listing. MLS# 122771.
44 acres of meadows, rolling hills and timber in the beautiful Black Hills. Excellent access to these five contiguous mining claims. Located in an area of other nice homes is has endless possibilities and some great views. Could easily be developed into five lots with no platting. Just off Maitland Road close to both Lead and Deadwood. Priced at $185,000 email or call me for information and directions. MLS# 118841.
27 years of Real Experience Art Koscielski
939-8656 arturo1113@aol.com
LEWIS-KIRKEBY-HALL REAL ESTATE, INC.
3
Each Office is Independently Owned and Operated.
THE RESULTS PEOPLE SINCE 1963! Call one of our friendly, positive professionals today!
343-2700 or Toll Free 1-877-343-2700
Top Sales for May Top Producer
Top Producer Team
Customer Service Award
Amanda Kirschenman
Cox Real Estate Team
Maria Sieck-Strobel
THREE OR MORE TEAM Amanda Kirschenman, Cox Real Estate Team, Rich Hegre, Ken Kirkeby, David Brenneman, Yvonne Starostecka, Jackie Koupal, Duane Hosek
The Home Journal, July 2015
Lewis-KirKeby-HaLL reaL estate, inc.
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The Home Journal, July 2015
Duane Hosek CRS, SRES, MMS, Broker Owner Coldwell Banker Lewis-Kirkeby-Hall duanehosek@gmail.com Mobile Phone: (605) 391-8424 www.southdakotarealtor.com
GREAT COMMERCIAL PROPERTY LOCATION! 23698 Strato Rim/Hwy 16 2.11 Commercial Acres
Located next to Old McDonald's Farm on Hwy. 16 Between Conoco Gas Station and Putz n Glo Miniature Golf.
* Includes 1800 sq. ft. home/duplex. * Includes approx. 2000 sq. ft. shop. * 35 foot Tower to grab your customer's attention. 75th Sturgis Bike Rally potential with over 1 Million bikers driving the most popular highway in the Black Hills.
All for just $235,000! MLS # 122879
SELLING bELOw CuRRENT ASSESSEd vALuE!
2.11 ACRES
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The Home Journal, July 2015
12086 Fox Ridge Deluxe horse property with miles of trails to explore! You’ll love the attention to details in this beautiful 2960 sq. ft. 3 bedroom, 3 bath, custom built home on 13.09 private acres, nice balance of scatter Ponderosa Pine and open meadows, borders USFS land on 2 sides. Huge barn, Bunk House, Green House, RV pad with water and electric service, Fire Pit, Perimeter and cross fenced. Very low maintenance. Look at this before you build, the works done!
MLS# 47236
$670,000
Carol Wood 605-440-0466
14 West Mt Rushmore Rd Custer, SD
Larry.realestate@yahoo.com
1240 Jackson Boulevard, Rapid City, SD 57702 Office 341-4200 • Toll Free 1-800-341-4302
RAPID CITY /BLACK HILLS RESIDENTIAL/ACREAGES SALE PENDING
Rapid City
NEW LISTING
Hill City
LARRY SCHECHER 605-484-6446
4305 Donegal Way
This beautiful 5 bed, 3 1/2 bath, 3 car home features an open floor plan with a soaring vaulted ceiling in the kitchen, dining and living room. The spacious kitchen has stainless appliances and an abundance of quality cabinets and counter space including a sit up bar area. Attractive hardwood floors grace the kitchen and dining area. There are two bedrooms close to the master bedroom and two bedrooms located in the lower level so it is a great family home suitable for children of all ages. The neutral colors and practical floor plan further contribute to the utility and pleasure of daily living. Located in the Red Rock Meadow subdivision that includes a playground and close proximity to the Red Rock Golf Course, where you can enjoy the beauty of the Black Hills within the city limits. MLS#122912 • $317,500
24126 Leaky Valley Road
Keystone
This Black Hills property has a rich historical past and includes a 3 bed, 2 bath home on 10 acres. Outbuildings including a barn and a carport. Located between Keystone and Hill City, the breathtaking natural beauty of this property also offers views of Harney Peak as well as the back side of Mount Rushmore from some vantage points. Since it borders the Black Hills National Forest and Centennial Trail, it offers excellent outdoor recreational opportunities for hiking, hunting, 4 wheeling or horseback riding. Explore a great opportunity to enjoy this retirement/vacation retreat in the heart of the Black Hills. MLS#121267 • $250,000
Rapid City
This 20 acre horse property features a 2 Bedroom, 2 Bath home with new shingles, 24x64 barn with stalls, 4 horse shelters, arena, corrals and a 12 acre pasture. The entire property is level and ideally suited for all equine activities. All portable corral panels for the corrals and arena are included with this property which is very close to Rapid City for convenience and just far enough away to experience country living. MLS#121413 • $250,000
5000 143rd Ave
12551 Ford Mountain Court
The beautiful 4 bed, 4 bath, 4 car home, on this scenic 6.24 acre property, includes a large kitchen with granite counters and center island, 2 sinks and hickory cabinets. Maple hardwood floors with walnut inlays grace the open floor plan kitchen dining and living room. Slate entrance foyer, main floor laundry, wet bar in the walk out lower level, and a large 908 sq ft. trex deck (14x16 covered) and many large windows facing the Harney Peak view’s are but a few of the many amenities. This property also includes 4 quality outbuildings: 30x48 drive thru Cleary w/2 16’ OH doors, 30x35 heated shop, 12x18 Guest cabin/studio and a 20x12 storage shed. It may also be purchased on 11.70 acres for $629,900, MLS#123304
MLS#123306 • $519,900
WWW.BHHOMESANDLAND.COM
WANTED: WESTERN SD FARM/RANCH/HORSE PROPERTY LISTINGS FOR SEVERAL BUYERS
The Home Journal, July 2015
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Save Time and Money! Email, TExT or Call GrEG roTh gregroth@grbrrealty.com
605-391-0939
full service real estate
-attention sellers sellers-
Exceptional Family Home
NEW LISTING
Exceptional family home at an affordable price. 3+ bdrms, 2 bath, and large heated 2 car garage. Formal dining room w/large open kitchen & plenty room for kitchen table or breakfast nook. Formal living room plus family room w/gas fireplace. Walkout onto large patio in privately fenced backyard. Separate 26X12 shop and equipment building. Garden and paved area for RV parking. Very special home with something for whole family to ENJOY. Short walk to schools and shopping. Friendly welcoming neighbors. Mls#123060 • $154,900. Call Greg Roth at 605-391-0939
Pristine home and community. Large kitchen, open floor plan, high grade wood flooring throughout, ceramic tile and carpet where applicable. Dining with walkout deck and patio. Overlooking the plush sprinkled lawn garden. High wooden fencing for privacy. Move in ready all appliances and window coverings stay. Much better than buying new... Believe me this one has all the upgrades included!!! Call your favorite realtor or the listing agent for a showing most anytime. Thank you for your consideration. Mls#123623
ONE-OF-A-KIND FIND! SELLERS WILL CARRY FINANCING
20+ES! R AC
Greg Roth
Call for a FREE Brokers Price Opinion of Your Home.
Just 600 feet from the shoreline of Sheridan Lake. Sit back and dream of living secluded in nature, no neighbors other than wildlife. A hunters paradise. Sellers paid $400,000 in 2002 for property. 20+ acre plat. MLS#117398. TBD Calumet Rd. • $250,000. Call Greg Roth at 605-391-0939
BREAKING NEWS! HOME OWNER ALERT! Inventories are low... Demand is HIGH Been thinking about selling your home? Now is the time to maximize the return on your investment! For your free confidential and professional real estate Broker consultation. Please contact Greg Roth today (605) 391-0939
RealtoR®
owner/Broker NEW LISTING
5436 Weathervane Ln • $145,000
This house is a three level home with 3 bedrooms and an attached garage. A large private 6’ wooden fenced yard. Plenty room to store rvs, campers, or other vehicles. Works with the rural housing development or first time buyer loans.
CASCADE SPRINGS RANCH
SW SIDE OF LAKE ANGASTORA WITH VIEWS OF THE CHEYENNE RIVER!
Very
rare
opportunity!
Selling
320+/- pristine acres. Wildlife of all kinds including elk and deer. Special accommodations needed for showing so please call to see it today! Call Greg Roth at 605-391-0939
311 Omaha St. Rapid City, SD
Apply online at www.bankwest-sd.com. Loans subject to approval.
Darla Jones 605-399-4211
Janene Trammell-Polk 605-399-4220
The Home Journal, July 2015
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Clean Air in Your Home
s the American population has been made more aware of the dangers of greenhouse gases, one area that doesn’t get as much attention is poor indoor air quality.
The quality of air can be two to five times more polluted than the worst outside air. This is because of the many indoor pollutants floating around our homes from sources such as gas, oil, kerosene, building materials and chemical products.
PLANTS TO THE RESCUE
In the 1980s, NASA and the Associated Landscape Contractors of America carried out an in-depth study on which house plans were the most effective in purifying the air in space. Several of the tested plants were proven to filter out common volatile organic compounds that can negatively impact our health and well-being. Here are three of the most effective house plants for cleaning your air: Aloe: The study found that aloe helps clear both formaldehyde and benzene, which are generally byproducts of chemical-based cleaners. Spider Plants: Also safe for the pets in your home, spider plants are quick to battle benzene, formaldehyde and carbon monoxide. Their unique stringy foliage makes them perfect for hanging baskets. Azaleas: These budding beauties are best grown in cooler temperatures, making them perfect for improving an indoor area such as a basement.
DIRTY SOCK SYNDROME
Even though it may not have a very scientific-sounding name, dirty sock syndrome can have a serious impact on the overall smell of your home. The problem most commonly occurs when bacteria that has built up from the moisture in your air ducts and system during cooling season are dried up and killed when you begin using heat. This can result in a “dirty sock” smell being emitted from your ducts that is both annoying and overwhelming. Call your local heating and cooling professional, who for a fee can resolve the issue by spraying an antibacterial solution on your unit’s coils. Hopefully you’ll be back to odorless air in no time. © FOTOLIA
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The Home Journal, July 2015
Dave Wilson owner/Broker/ auctioneer Cell 605-490-9959
R.T. shaW Broker associate Cell 605-490-1176
990 Main street sturgis, sD 57785 Main 605-347-7579 FaX 605-347-7596 www.sturgissd.com www.sturgisauctions.com
kaTe FJelsTaD ChaD GRahek Calli BeChTel Broker associate Broker associate licensed assistant 605-490-1688 Cell 605-391-5906 605-484-5499
Commercial listings!
auctions!
sturgis Real estate Co. inc., & Promotions
$309,900 Mls 46547
proudly presents: Sturgis Auctions Online — a new business venture! Visit www.sturgisauctions.com and Register to Bid! We will have frequent auctions featuring a variety of items. Anything from vintage and antiques to heavy equipment and machinery! We’re always taking items for consignment so feel free to contact our office with any inquiries.
Located at 1801 LaZelle Street in Sturgis, this 15,000 sq. ft. lot sits right on the NW corner of 8th St. and LaZelle. This space is perfect for vending during the Annual Sturgis Motorcycle Rally and other events. With the 75th Annual Sturgis Motorcycle Rally getting closer, you won’t want to miss out on this opportunity!
online auction!
Call Dave
Buffalo Chip Biker Belles Charity Auction is now available online at www.sturgisauctions.com. Bid now through July 14th at 3:00 PM on Coleman Black Hills Gold, leather jackets, Harley Davidson clothing collection, fine art and more! All proceeds go to the Sturgis Motorcycle Museum and Helping with Horsepower. Call Dave oR kaTe
$649,900 Mls 46565
This versatile retail building is easily spotted from Lazelle Street! The strip mall is divided into four retail spaces which are all currently leased! With great frontage, rally vendors are very keen on this area! Excellent income property!
Commercial listings! easy Rider’s saloon Mls 44719
Call Dave
Famous year-round bar and restaurant in downtown Sturgis. Perfect venue for the annual Sturgis Motorcycle Rally! Encompassing almost an entire city block, Easy Rider’s Saloon comes complete with equipment, furnishings, and more! Updated on MLS!
Residential listings!
Call Dave
$650,000 Mls 46090
Hill City Real Estate only is For Sale. 5222 sq. ft. building with 74’ of the Heart of Hill City frontage. Located in the middle of Main Street, this building was remodeled in 2009 and a front Log Canopy was added for retail sales during the summer tourist season and annual Sturgis Motorcycle Rally. Perfect for the 75th annual rally this August!
er Und
ct ntra
Co
Call Dave
$869,000 Mls 48031
Sale consists of two buildings - 1100 and 1102 Main Street. City of Sturgis Malt Beverage License and the Bank Saloon bar business with equipment included. Located in downtown Sturgis in the Heart of the Sturgis Motorcycle Rally on the corner of 1st and Main Street. These corner lots and concrete alley access are desirable with Main Street frontage! These beautiful stone and brick buildings stand out as an attraction by themselves with rich history. Rally Apartments and complete living quarters are in the upper floors of the buildings. Open indoor archways connect the buildings to flow the inside business. The rear paved parking area and covered patio is leased to vendors during the rally and used as an outdoor beer garden.
Call Dave
$790,000 Mls 46931
Located in the hottest action block for the annual Sturgis Motorcycle Rally! Newly paved w/ 53’ Main St. frontage by 150’ depth. Alley access, 18’x30’ garage and office building, lighting, water, sewer, & electric hookups. Prime location next to the Loud American Roadhouse and across the street from One Eyed Jacks Saloon. This property and lot is a rare offering on one of the busiest blocks in town! *Also offering one-time rental for the 75th annual Sturgis Motorcycle Rally - $65,000*
Call kaTe
ced
u
Red e c Pri
Call Dave
$60,000
$325,000 Mls 47449
This 3BR/2BA, 1.5 story home is located 3.5 miles from Sturgis on 14.2 acres of fertile Avalanche Road land! With an amazing view of Bear Butte, Old West history, and a gorgeous addition added in 2009, this home and land is the perfect setting for a small farm or even a campground! 400 sq. ft. of the home is unfinished, including the master bath, walk-in closet, and a 3rd bedroom. All materials and fixtures for completion are included!
WeBsiTe DoMain FoR sale: WWW.sTURGisRallY.CoM
$229,000 Mls 47693
Boulder Canyon Paradise! Charming 1690 sq. ft. home on 1.17 acres. Beautiful woodwork throughout home, updated kitchen, large private backyard and more! New metal roof in 2000, deep well, 24x40 ft. garage w/ attached 12x40 ft. carport, deck and screened porch. With no covenants and only 7 miles from Sturgis, this property has much to offer!
Call kaTe
Mls 45062
Excellent opportunity to own and establish domain name with verified traffic! Current website content is included in purchase. CALL DAVE
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RENTAL GUIDE | FIRST-TIME RENTERS
The Home Journal, July 2015
T
Paying Your Bills
he financial requirements of renting your own place can be overwhelming to many first-time renters. Proper preparation is key to making sure you’re on top of your own fiscal destiny. The last thing you want to do is fall behind on your rent. This can lead to unhappy landlords and even worse, ruined credit. The decision to move out on your own is definitely an exciting one, but just make sure to do your homework before making the leap.
MAKE A BUDGET
The first step to creating an accurate budget is listing everything you will be spending to keep your rental and living requirements fulfilled. These items can include: • Rent • Insurance • Electric • Water • Trash/recycling • Groceries • Cable/television Take your monthly income and subtract the total from the list above. Now let’s move on to your discretionary spending. This can include: • Eating Out • Movies and entertainment • Gym memberships • Gifts
• Electronics and games Subtract this total from what was left over above. Do you have enough to enjoy a few nights out per month or to add some money into your savings account? If not, you may be overreaching on what you can afford. Obviously, it is better to do this math before moving in to make sure you’re making a smart financial decision. Options for padding your savings include picking up parttime work, if possible, or sticking to plans of cutting discretionary spending by a certain amount per month.
CHANGE YOUR ADDRESS
If you have bills coming to your current address, be sure to change your address with your post office and creditors. Stop in at your local U.S. Postal Service office once you have officially moved in and fill out the necessary forms. The process only takes a few minutes and will help you continue to receive your mail. It also will ensure that you’re on time with all bills during what can be a fast-paced moving experience.
© FOTOLIA
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The Home Journal, July 2015
Gary Messner • 550 N. 5th St., Ste 212, Rapid City, SD 57701 (605) 343-8800 Office • (605) 391-3564 Cell
21061 Pleasant Valley Dr Sturgis, SD 57785
3625 Hall Rapid City, SD 57702
5 Bedrooms / 2 Baths. 2368 SF (approx). Walk out the kitchen or dining room to a wrap around deck. Home offers a nice treed lot and a private backyard wood setting. $225,000 #MLS122132
3 Bedrooms / 1(full) 1(half) Baths. 1308 SF (approx). Kitchen with lots of cupboard space and a separate dining area,with sliding patio doors.Nice back yard with lots of room. $169,900 #MLS122975
2806 Maple Ave Rapid City, SD 57701
902 Fulton Rapid City, SD 57701
4 Bedrooms / 2 Baths. 1916 SF (approx). Large livingroom with double bay windows, Kitchen with breakfast bar and a passover counter to the sunken dining room. $239,900 #MLS123229
4 Bedrooms / 2(full) 1(half) Baths.3873 SF (approx) .Beautiful curved oak staircase to the upper level w/ German Iron work. Remodeled kitchen with beautiful cabinets and quartz countertops, sunken kitchen sink w/ a cooks dream of a stove & nice breakfast bar. $316,000 #MLS121685
Welcome Home As Low As
170
$
For affordable living in the beautiful Black Hills, Woodland Meadows Manufactured Housing Park is the perfect place. You can enjoy the scenic Hills setting on a large lot with room for a single, double or triple wide home. • Large Affordable Lots • Protective Covenants • City Water & Sewer • Underground Utilities • Paved Streets • Paved Off-Street Parking • Beautiful Custer Location off Highway 16A East • New home financing available W.A.C.
For more information contact us at:
605-673-5581
35 South 4th Street, Custer, SD 57730 srcc@gwtc.net
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Real Estate Tips and Advice
Have your new home inspected By ALEX MASON | Green Shoot Media
REAL ESTATE 101
S
o, you’ve bought a plot of land and are ready to build your dream house. It’s exciting to watch your home grow from a speck of dust into a fabulous structure with all the bells and whistles at your command. However, there’s a thorn in every rose, and one way to avoid getting pricked is to have a licensed home inspector at your side. When we hire a contractor, we tend to give a lot of gravity to what they say and assume that they always know what they are doing. However, unscrupulous behavior or momentary mistakes can come from almost any construction firm, and the homeowner is the one who will ultimately pay the price. As a precaution, it is wise to invest in a licensed home inspector to ensure the home was constructed according to legal codes.
Does your home measure up? The American Society of Home Inspectors operates an online home inspector search, where you can find home inspectors in your area. Visit ashi. org to conduct a search. According to its website, the ASHI was founded in 1976, aims to “build customer awareness of the importance of a quality home inspection and enhance the professionalism of home inspectors.”
FUNCTION
Your home inspector will check the materials and installation of essential components of the home to ensure that they meet legal requirements. This will include the plumbing system, electrical wiring, sturdiness of the foundation, spacing from exterior wall to the fence or pool, satisfactory framing, and a myriad of other factors that need to be verified. If a new construction home is built outside of city codes, the property will not be able to be re-sold until it gets the OK from the new buyer’s inspector. In addition, faulty wiring or sewage systems can cost a homeowner thousands of dollars in repairs and higher insurance premiums. To be safe and sane when venturing into a brand new construction, don’t worry about offending your contractor. You have to take care of your own interests first and get an official opinion from the
© FOTOLIA
A contractor’s word that your new home is up to code is not enough. You need a home inspector to give the OK on everything from plumbing to electrical systems. inspector to ensure your new home is safe to live in and will meet the grade for re-sale.
RED FLAGS
Some contractors will communicate false and misleading information to the homeowner by giving vague and ambiguous answers to tough questions. You may hear excuses such as they are building under industry
standard conditions without clearly defining what they mean. This is a red flag to the homeowner and should be cause for alarm. In addition, watch out for rebuttals that the contractor will take care of shoddy work under the warranty, as this is no excuse to build outside of city codes in the first place. Your best bet is to get a neutral home inspector who you
find yourself, and who has no ties with your contractor’s company. Check the phone book or ask your real estate professional to recommend someone he knows and trusts. Your new home is a significant investment, and you owe it to yourself to ensure everything is finished correctly. If your contractor is a seasoned professional and has nothing to hide, he or she will stand with you in agree-
ment to bring in an outside party for inspection. You also may check your contractor’s references with online feedback forums listing the pros and cons from prior clients. These can steer you away from a questionable contractor that could turn your dream home into a nightmare. Knowledge is power, so get all you can before you begin to build. Your contractor may work magic with bringing your house into being, but your home inspector is your watchdog to make sure you get everything you paid for, including safety and security.
The Home Journal, July 2015
HOMEWISE
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The Home Journal, July 2015
Jill VAnThul
lori BArneTT
TonY mArshAll
TJ woJTAnowiCZ
TYler sChAd
390-1571
593-3242
786-5817
391-8669
863-1920
430-3710
Josh uhre
ChrisTin uhre
sTePhAnie lien Owner/Broker
Broker
390-8790
GreGG sTilTon Broker Associate
939-5649
Licensed Assistant
Broker Associate
390-8197
JACkson CYr Broker Associate
939-9799
Designated Broker
drew YeomAn Broker Associate
Broker Associate
CAl BAker
Broker Associate
484-5392
390-6680
niCi kuChenBeCker
Allen wellmAn
Broker Associate
Broker Associate
484-4044
939-6346
mike hArmon
mikAlA kulesZA
rJ Brownell
JosiAh lAFrAnCe
381-3040
786-7645
415-2606
786-3098
Broker Associate
Broker Associate
Broker Associate
Broker Associate
Broker
Broker Associate
AmAndA Thune
rYAn kellY
Broker Associate
Broker Associate
391-3203
430-2758
dAVe simPson
BeTsY Brose
Broker Associate
Broker Associate
390-6117
574-0007
VIPProperties.com
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TBD OTher • pRiStine pRopeRty • 4 face viewS of mt. RuShmoRe • JuSt minuteS fRom keyStone and mt. RuShmoRe • 160 acReS • mlS #121768 $8,737 peR acRe • call tJ woJtanowicz 863-1920
11719 W highWay 44 • fall in love with thiS GoRGeouS 3.86 acRe cReek SettinG! • you will love the chaRm of thiS 2,340 Sq ft home • Romantic maSteR Suite • mlS #122712 $339,000 • call tJ woJtanowicz 863-1920
2923 Olive grOve COurT
• 3+ bedRoomS, 2+ bathS, GReat deSiGn! • almoSt Ready foR move in! • oRchaRd meadowS SubdiviSion includeS medical, GReen Space, GaS Station & Golf couRSe • otheR planS available • mlS #121301 $224,400 • call tony maRShall at 391-8669
7116 Marvel MOuNTaiN rOaD • behold! 20 mile incRedible viewS! • 3+ acReS with all utilitieS • 5 minuteS to Rapid city and/oR i-90 • mlS #121887 $79,900 • call tony maRShall at 391-8669
TBD hOMer SMiTh rOaD • thiS pRopeRty haS it all! • canyon viewS, many buildable aReaS, meadow, tReeS, SecluSion, eaSy acceSS • bRinG youR ideaS to develop oR build youR dReam home! • mlS #121727 $10,984/peR acRe • call tJ woJtanowicz 863-1920
12276 gilT CreST PlaCe • beautiful loG home • Situated pRivately on 5 acReS • move in Ready! • mlS #122683 $519,900 • call tJ woJtanowicz 863-1920
309 alTa viSTa Drive • lookinG foR SomethinG unique? look no fuRtheR! • 2 StoRy deSiGn, 5 bed, 3 ½ bath • GRanite counteRtopS, quality cabinetS • mlS #122807 $535,000 • call tJ woJtanowicz 863-1920
23642 WilDerNeSS CaNyON • SpectaculaR flooR plan & coppeR oakS SettinG • 4 bedRoomS on Same level, +1 downStaiRS • black hillS livinG only 12 min to Rapid city • mlS #123001 $459,900 • call tony maRShall at 391-8669
7367 PiNON Jay CirCle • oveR 2600 Sq ft with 5 bedRoomS, 3 bathRoomS, oveRSized 2 caR GaRaGe • lot Size of 1.37 acReS • many updateS thRouGhout • walk out baSement • mlS #123370 $319,900 • call tJ woJtanowicz 863-1920
22644 hazel laNe • built foR yeaR Round comfoRt and luxuRy • 4.94 acReS & acceSS to the hillS many attRactionS • 4 bedRoom, 3 bathRoom • mlS #122765 $439,900 • call tJ woJtanowicz 863-1920
25313 eDyTh CirCle • a Step above the ReSt! beautiful cuStom built home! • JuSt undeR 3.000 SquaRe feet • laRGe open flooR plan • mlS #122281 $367,500 • call tJ woJtanowicz 863-1920
6917 COg hill laNe • Red Rock maintenance fRee livinG • Golf couRSe community • 3,000 Sq ft w/3 bedRoom on the main • mlS #123230 $234,900 • call tony maRShall at 391-8669
2946 MOTherlODe Drive • beautiful home in deSiRed location • home boaStS oveR 2800 Sq ft • open kitchen with plenty of cabinetRy • thiS home iS move in Ready! • mlS #123438 $309,900 • call tJ woJtanowicz 863-1920
5167 Carriage hillS Drive • almoSt 10,000 SquaRe foot GoRGeouS cuStom home • luSh maSteR Suite • 5 laRGe bedRoomS, 5 bathS • indooR half Gym & indooR pool • beautiful and pRivate back yaRd • mlS #123549 $1,275,000 • call Stephanie lien at 390-1571
12246 OTher • 3 bedRoom, 3 bath and open flooR plan • attention to detail with native Stone and loG accentS • cuStom counteRtopS in kitchen & bathRoomS • laRGe laundRy and pantRy RiGht off kitchen • mlS #123147 $459,900 • call tJ woJtanowicz 863-1920
4307 heNry COurT • 4 bed 3 bath 2 caR, new in 2005 • quiet cul-de-Sac lot • fully (pRivacy) fenced back yaRd • mlS #123303 $249,500 • call tony maRShall at 391-8669
206 NOrTh 39Th STreeT • GReat weSt Rapid neiGhboRhood • all 1 level with 1,426 SquaRe feet • 3 bedRoomS, with GaRaGe. • fenced yaRd • mlS #123568 $149,900 • call tony maRShall at 391-8669
VIPProperties.com
The Home Journal, July 2015
TBD OTher • Ready to own the next development in SpeaRfiSh? thiS iS it! • GReat viewS and diRectly behind anotheR SubdiviSoin • 68.48 acReS • mlS #122979 $12/peR acRe • call tJ woJtanowicz 863-1920
14
The Home Journal, July 2015
REAL ESTATE | SELLING
Selling to Friends and Family
E
ver hear the adage “Don’t mix business with pleasure?” The same can be said of mixing business with friends and family.
But just because many family business dealings may have gone sour over the years doesn’t mean yours will, too. Whether you’re on the buying or selling side of a real estate deal, it is important to establish clear guidelines at the beginning of any negotiations to make sure both sides get what they want.
OWNER-FINANCED SALE If you’re looking to avoid going through a lender for the sale of your home, one of the best options may be the owner-financed sale. This is a deal in which your friend or family member makes monthly payments to you instead of to a bank. This route could save the buyer thousands of dollars in interest and help a friend or family member with low or poor credit. Both sides should sit down to work out a deal that financially fits their budgets. Even in an owner-financed sale, it is a good idea to seek the services of a real estate lawyer to put the agreement on paper. This way if your friend or family member defaults on payments, it will be easier for you to legally take back the property without having to deal with any
© FOTOLIA
he-said-she-said conflicts.
‘GIFTING’ A HOME Many people sell an extra
home to a son or daughter at a steep discount. To avoid a big capital gains tax hit, the buyer must then use the house as his principal residence for two out
of the five years that precede a resale. If a seller gives too much of a deal, the Internal Revenue Service has the power to stick
the seller with a gift tax. Selling a home for 25 to 30 percent or more below its estimated market value to a family member may raise an IRS red flag.
15
Deadwood Ave. - 8.77 ac. General Commercial. $1,800,000 4835 & 4315 N. Haines Ave. - 3 lots up to 15.12 ac. Medium Density Residential. $1,470,150 Sophia Ct. - 1.43 ac. Light Industrial. $150,000 Creek Drive - 4.5 acres, Light Industrial, $436,000
Business/Investment Sioux Pottery Business – hand crafted pottery, in business over 50 years, $65,000 Roosevelt Inn, Keystone, SD - Business & Real Estate. $1,762,000 Sugar Shack - Business & Real Estate. $529,900 MB Enterprises - Wholesale jerky business. $500,000 110 Garfield, Murdo, SD - 8 plex. $375,000 Pizza Etc., Philip, SD - Business & Real Estate. $125,000 Piece of Cake - Business only. $49,000 Collections Business - Over $400k in outstanding judgements - $65,000 3820 Jackson Blvd. Unit A - 3,157 sf office condo. $350,000 fully leased
Office/Retail Buildings 3600 Jet Dr. - 20,250 sf office building on 6 ac. $2,200,000 2006 Mt. Rushmore Rd. - 7,400 sf medical building. $765,000 U/C 110 N. Cambell - 10,500 sf retail/office plaza. $848,000 7201 S. Hwy. 16 - 19,387 sf office/retail bldg./3.36 ac. $699,000 1600 Mt. View Dr. - 1,350 sf; Suite 108 - 1,965 sf. $235,800 414 South Canyon - Church - 12,260 sf - $447,000 U/C 2501 Mt. Rushmore Rd. - (current Colonial House Building) 5,384 sf restaurant and 3,552 sf retail strip center, $998,000 2101 Mt Rushmore Rd. - 7,656 sf building. High Visibility! $1,200,000 1064 Main St. Sturgis - Just in time for Rally! 3,750 sf, $375,000. 826 Main St. - 10,500 sf $950,000. Includes furniture, fixutres, & equip. 830 Main St. - 7,000 sf $800,000. Minutes from Main St. Square! 640 E. St. Patrick - 6,400 sf. $497,000. Highly versatile building!
Warehouse 903 Echo Valley Rd., Keystone, SD - 9,000 sf building on 32 ac. $689,000 11985 Quall Rd. - 8,000 sf warehouse/office building. $565,000 300 Hillsview Dr., Box Elder, SD - 2,534 sf warehouse. $149,999 Nash Finch Building - 195,967 sf light industrial. $5,975,000.
Retail Rushmore Crossing - 2 retail spaces. 1,500-3,700 sf. Lease rates vary. 2255 Haines Ave. Suite 208 - 1,600 sf. $9.25/sf - NNN 7211 Black Hawk Rd. - 3,200 sf restaurant/retail. $2,134/mth. + util. 2335 W. Main. St. Suite B - 2,760 sf retail/office. Rate TBD. Will build to suit. 1808 Mt. Rushmore Road - 1,000 sf retail $12/ sf – NNN 2101 Mt Rushmore Rd. - 7,656 sf. Building. $11/sf/yr + NNN + util 826 Main St. - $8/sf/year + NNN + Util. 10,500 sf. Great location! 830 Main St. - $10/sf/yr + NNN. 7,000 sf retail space. 640 E. St. Patrick - 6,400 sf w/1.5 ac of land. $7/sf/yr + NNN + util.
Office 111 New York St. - 19,600 sf building. $14,700/mth. + util. 1760 Centre St. - 500-3,000 sf office/retail. $550-$3,425/mth. 3600 Jet Dr. - 20,250 sf building. $20,000/mth. + NNN + util. 1404 Mt. Rushmore Rd. - 225 sf -$550/mth. 85 SF-$250/mth. 3117 W. Rapid St. Suites 1 & 4 - 480 sf each. $590/mth. + util. 1575 N. LaCrosse St. - 1,100 sf office suite $1,100/mth. + util. 2740 N. Haines Ave. - 2 office suites. 1,960 sf $1,408/mth. util. 1,528 sf $1,100/mth. + util. 2620 Jackson Blvd. - Suite E. 2,000 sf $2.240/mth. Landlord pays taxes/util/fees 1220 Mt. Rushmore Rd. - 5,600 SF office. $7,556/mth. + util. First Interstate Gateway - Two Suites, 3,000 sf each. $16/sf/ year+NNN 3939 Canyon Lake Drive - 1,800 sf. $2,000/month + util. 2218 Jackson Blvd. Suite #9 - 925 sf. $760/month + util. 1600 Mt View Road - Suite 108 - 1,965 sf $2,128/mth +util
Warehouse/Office 1730 Samco Rd. - 3,500 sf office. $1,500/mth + util. 3,500 sf warehouse + 7,500 sf fenced yard. $2,500/mth. + util.
The Home Journal, July 2015
Land
16
The Home Journal, July 2015
REAL ESTATE | CAREERS
Become a Property Manager
T
he real estate industry has progressively improved since the Great Recession, making it a stable time for professionals to enter the field. One of the fastest-growing segments of the sector is property management.
Think about the development taking place in your area. Residential, commercial or industrial properties aren’t just built and forgotten. They require management to preserve resale, leasing or rental value. The median annual wage for property managers was more than $52,000 in 2012, according to the U.S. Department of Labor. The flexibility of working both in an office and on site – along with a nice salary for most parts of the country – make property management a desirable career.
WHAT IS A PROPERTY MANAGER?
Property managers take care of a variety of issues spanning maintenance, showing apartments, grounds inspection and meeting with owners. About half were self-employed in 2012, says the U.S. Department of Labor. Property managers also may be in charge of a large budget, numerous team members and various administrative functions, such as paperwork, compliance reporting and calendar oversight.
KEY SKILLS
The following skills are paramount to any candidate entering the industry: Knowledge of real estate market, trends and terminology; strong passion for customer service; responsive, positive communication skills; ability to manage diverse teams of officer workers, repair technicians and vendors; proven skills in identifying, analyzing and resolving complex property-related issues
CAREER OUTLOOK
According to the Labor Department, employment in this sector is expected to grow 12 percent from 2012 to 2022, close to the national average for all positions. Steady growth means competition will be high. Candidates with college degrees in business administration or real estate, as well as those with professional industry certifications, will have the leg up.
© FOTOLIA
17
NEW
$140,000
G
LISTIN
NEW
$224,900
6519 Wellington
NEW
840 Kingswood Dr
$459,900
NEW
5299 Conifer Lane
$509,900
NEW
ABSOLUTE TOP OF THE LINE! • 6 bedroom, 3.5 bath, 3 car-garage • 4328 sqft, custom features throughout • Pristine with nothing overlooked!
Stuart Martin, 390-4227
G
LISTIN
251 Grandeur Lane
PRICE
ED
REDUC
GORGEOUS MOVE IN READY! • 4 bedroom, 3 bath, 2 car-garage • Open kitchen with breakfast bar • Fenced yard, great deck, must see!
Shawn Wood, 415-1209
$259,900
NEW
MLS # 121896
1012 Sagewood Dr
G
LISTIN
$274,900
NEW
G
LISTIN
IMMACULATE & READY FOR YOU! • 4 bedroom, 3 bath, 3 car-garage • Heated tile in master bath, open • Cherry hardwood, list goes on!
Stuart Martin, 390-4227
MLS # 122800
11686 Saddleback
$535,000
NEW
ALMOST 3 ACRES! - 5 bedroom, 3.5 bath, 4+ car-garage - Almost 5000 sqft, endless features - Custom from beginning to end, must see!
Stuart Martin, 390-4227
MLS # 121851
$210,900
214 Enchantment
G
LISTIN
NEW
G
LISTIN
Stuart Martin, 390-4227
MLS # 123461
G
LISTIN
NEW
BEAUTIFUL & VERY SPACIOUS! • 3 bedroom, 3 bath, 2 car-garage • Accent walls/features, private yard • High vaulted ceilings, tons of extras!
Stephanie Dannen, 545-1210
MLS # 122305
67 Radial Lane
MLS # 123074
G
LISTIN
$176,000
Stuart Martin, 390-4227
Shawn Wood, 415-1209
MOVE IN READY, BEAUTIFUL! • 3 bedroom, 3 bath, 2 car-garage • Open, spacious, privacy fenced • Hardwood flooring, large kitchen • Office, sprinkler system, many extras!
Micheal Lhotak, 209-7635
Stuart Martin, 390-4227
$210,000
14825 Telluride St
CONVENIENT LOCATION! • 4 Bedroom / 1 Bath, 2 car-garage • Privacy fenced, great landscaping • Vaulted, open, tons of cabinets!
7 STUNNING WITH HUGE LOT! • 4 bedroom, 3 bath, 2 car-garage • Lg kitchen, island bar, finished • High end finishes, privacy fenced!
MLS # 122261
G
.23 ACRES, CHAPEL VALLEY! • 3 bedroom, 2 bath, 2 car-garage • Fireplace, RV Parking, set in trees • Close to schools, parks, lakes & more!
ABSOLUTELY GORGEOUS! • 4 bedroom, 3 bath, 3 car-garage • Grand entryway, covered patio • Lg kitchen w/breakfast bar, 1 acre!
G
LISTIN
Stuart Martin, 390-4227
LISTIN
MLS # 123324
MLS # 123398
G
LISTIN
Gale Johnson, 391-0391
PIECE OF PARADISE! • 3 bedroom, 2 bath, 3 car-garage • Over 3 acres, 2 gas fire places • Huge deck, must see all the extras!
3516 Powderhorn Drive
NEW
NEW
NEW
OUTSTANDING CURB APPEAL! • 3 bedroom, 1.5 bath, 2 car-garage • Covered front deck, fully fenced yard • No maintenance back deck, storage
12875 Old Hill City Rd
$209,900
Stuart Martin, 390-4227
$220,000
MLS # 123108
G
LISTIN
OVER FOUR ACRES! • 3 bedroom, 2 bath, amazing setting • 2 wells, some updates, close to hiking • Mikelson Trail, minutes from lakes!
MLS # 123588
$169,900
Linda Rausch, 391-2136
12299 Gold Mountain
4665 Shayla Ct
MLS # 121906
G
LISTIN
INCOME PRODUCING PROPERTY! • 5 bedroom, 2.5 bath, 3 living spaces • Lower Mother-in-law apartment $$ • Fenced, great layout, priced to sell!
Stuart Martin, 390-4227
$189,900
NEW
$145,000
10 ACRE HORSE PROPERTY! • 3 bedroom, 2 bath, 3 car-garage • Great views of The Black Hills • Private, room to build & Play
MLS # 123107
923 N 7th
MLS # 123468
MLS # 122831
G
LISTIN
$639,900
3010 Calle Baja
NEW
NEARLY 5000 SQFT! • 4 bedroom, 4.5 bath, 3 car-garage • Overlook Canyon Lake, 2 master suites • Formal dining, office, theater room & more
Stuart Martin, 390-4227
G
LISTIN
The Home Journal, July 2015
23022 Radar Hill Rd
MLS # 123546
18
The Home Journal, July 2015
BLACK HILLS OF SOUTH DAKOTA – LAWRENCE COUNTY
ABSOLUTE REAL ESTATE AUCTION WEDNESDAY JULY 8, 2015 10:30 AM MDT EXECUTIVE HOME ON 42+- PRIME ACRES – 3 TRACTS & 1 UNIT “Seller financing offered” “The Ron & Nancy Island Home near Deadwood, SD”
Registration at 9:30 am – Auction held at the property located from DEADWOOD ,SD, 6 miles south on US Hwy. 385, east on Big Lead Hill Rd. for 1 mile, NE on Elk Creek Rd. for 2 miles, then east on Gibson rd. 8/10 mile, watch for signs. Property features a spectacular 7200+- sq. ft., 4BR/4+BTH all brick custom built ranch style home with exceptional quality throughout. You will be impressed with the massive great room with vaulted ceilings, gourmet kitchen, spacious master suite, deluxe theatre room, family room with custom fireplace, dining room/breakfast nook, oversized garage and so MUCH more! This elegant, tastefully decorated custom designed home is suitable for the most discriminating buyer and is in “like new” condition. Accessory buildings include a 30’x50’ Morton shop with commercial car wash & a 34 x 36 Morton storage building. Other amenities include full concrete paved drives, standby generator, 20 zone sprinkler system, decks, patios, professional landscaping and much more. The home & improvements are situated on a breathtaking 11.51 acre tract with the perfect balance of meadow & timber, as well as a spring fed creek. Also selling without reserve, adjacent tracts of 17.56 and 13.26 acres with direct access to Elk Creek Road. These prime tracts are perfect for that country home site you have been seeking. 2 additional tracts are available, offering a complete, unspoiled and hard to find 63.13 acre homestead completely surrounded by Black Hills National Forest. Excellent access provided from Elk Creek Rd. and Gibson Rd. Herds of elk & deer are known to feed in this meadow. Native grasses, aspens, pines, berries and wild turkey abound. The natural beauty offered is unmatched. Inspection: Inspect at your leisure as property corners are marked, OR Auctioneers/Brokers will be at the property on Monday, June 15, Saturday, June 20, Monday, June 29, and Monday, July 6 from 1-3 each day for inspection. Also shown by appointment, Ph. 605-645-2869. Terms and Conditions: ABSOLUTE AUCTION, property sells to the highest bidder(s) auction day without minimum or reserve bid! Offered in 3 tracts and as 1 unit, selling in the manner realizing the greater return. Warranty Deed and Policy of Title Insurance offered. Cash or SELLER FINANCING OFFERED: Contract for deed-33% down, 6% interest, 15yr. amortization, payable within 5 years. Property is broker owned and held debt free. Immediate possession available. Broker represents seller. Call for complete terms and conditions. Auctioneers Note: The Island home and acreage is truly a Black Hills “Trophy Property”. Ron & Nancy built this impressive home in 2004 and have now chosen to downsize and relocate. You simply will not believe the attention to detail, the quality throughout and the care taken with the improvements. Whether you are searching for a highend home/retreat or one of the undeveloped tracts offered. . . you will not be disappointed. Make plans to inspect, have arrangements secured and be in attendance as this property will ABSOLUTELY SELL, without minimum or reserve bid! See www.bradeenauction.com for complete terms and conditions, photos, maps, details and more! Broker participation encouraged, call for details.
Owners: Ron & Nancy Island Spearfish, SD
Co-Operating Broker: Rich Harr, Spearfish, SD Ph. 605-645-2869 Email rich@rushmore.com
19
REAL ESTATE | HOMEOWNERSHIP
The Home Journal, July 2015
A
Housing Counseling
re you stuck in a situation involving possible default or foreclosure? Maybe you just have some questions on how to get started buying a home. Knowing where to turn for help can ease your concerns.
The U.S. Department of Housing and Urban Development sponsors housing counseling agencies throughout the country to provide advice on these issues and more. All counseling processes will be secure and confidential, helping you have confidence in full disclosure no matter what issue you are facing. Another benefit of seeking the services of a professional counselor is their expertise in specific areas, as well as the tools to help you successfully overcome even the most complex housing challenges.
COST OF COUNSELING
Foreclosure prevention counseling and homeless counseling services are available free of charge through HUD’s Housing Counseling Program. Agencies participating in the program are not permitted to charge consumers for these specific housing counseling services. Housing counseling agencies are permitted to charge reasonable and customary fees for other forms of housing counseling and education services, including pre-purchase, reverse mortgage, rental and non-delinquency post-purchase coun-
© FOTOLIA
seling services, provided the following conditions are met, according to hud.gov. • Agencies must provide counseling without charge to persons who demonstrate they cannot afford the fees • Agencies must inform clients of the fee structure in
advance of providing services • Fees must be commensurate with the level of services provided You should contact your local HUD office if you encounter housing counseling agencies that you believe are not complying with these
requirements.
HOW TO PROCEED
Along with reaching out to your local HUD office, there are many ways to pursue professional housing counseling. The hud.gov website fea-
tures a search tool to help you find counselors in your area. You also can search for counselors with specific specialties, such as reverse mortgage or foreclosure. HUD’s interactive voice system (800-569-4287) also is available.
20
The Home Journal, July 2015
A N NOU NC I NG A HA R D C OV E R P IC TOR IA L H I STORY B O OK
RALLY REWIND: 75 YEARS OF STURGIS KEY FEATURES OF THE BOOK
Hardcover, 144 pages Covers from 1938 to present day Limited edition, collector’s item Ships mid July, in time for the Rally
ORDER NOW AND SAVE BIG!
STURGIS75.PICTORIALBOOK.COM FREE SHIPPING AVAILABLE FOR ONLINE ORDERS OF TWO OR MORE BOOKS. presented by:
Andra Hagen 66 Cell: 605-390-81 ail.com
andrahagen@gm
Daneen Jacquot Cell: 605-484-7832m daneenjacquot@yahoo.co Larry Petters Cell: 605-390-7383om larrypetters@gmail.c
Judy Rohde Cell: 605-209-1521 l.com homeswithjudyrohde@gmai Lisa Meyer Cell: 612-791-0541om lisablackhills@gmail.c
Kevin Kuehn Cell: 605-391-7734 z kevin@kevinkuehn.bi
Don Lilya Cell: 605-484-1438om don.lilya@sdakhomes.c Janet Van Nuys Cell: 605-431-0988om janet.vannuys@rocketmail.c Kathy Lilya Cell: 605-484-1883om kathy.lilya@sdakhomes.c
1211 Mt. Rushmore Road, Rapid City, SD 57701
605-342-1810
Visit our website for Western SD Listings and Open Houses
www.SouthDakotaRealEstateCompany.com
Call for the Southern Hills’ best selection of property!
Ron Bradeen Owner/Broker
Jeff Storm Broker Assoc.
Carol Wood Broker Assoc.
Don Kistler Broker Assoc.
OFFiCe HOuRS M-F 8:00 - 5:00 SAT. 9:00 - 1:00 evenings & Sun. by Appt.
See all of our listings at www.realestatecenters.com/Custer
Anne Fuchs ABR, SFR Broker Assoc.
Janice Tuthill Broker Assoc.
Mark Wiley Broker Assoc.
THe WRAngleR
ATTenTiOn ROCK HOunDS!
gReAT VAlue
enDleSS POSSiBiliTieS!
—A “Custer Fixture” for years. Building and equipment all new in 2009. A solid year round business in Custer that has everything from LOCATION to REPUTATION plus paved off street parking on highly visible corner lot. Located in the heart of the Black Hills and close to all that the Southern Hills has to offer. MLS #44057 Great New Price $699,000
Valuable collection of rare fossils, minerals,
GREAT VALUE-$199,000--approx.$79 per sq.ft.!!!! Perfect set-up as a Duplex or Family Home 2512 sq. ft.. INVESTORS home currently receiving $1500 plus as rental! Lower level has 1bd.,office, laundry, 2 stall garage, brick patio, pergola, garden area. Main level has 3bd., laundry, mudroom, kitchen plenty of storage, living/dining room with hardwood flooring. Large deck area. Many upgrades and off street parking. MLS# 43242 $199,000.
4032 Sq. Ft. Building on large lot in Pringle.
crystals, agates, gems, antiques, marbles, and more, all set up in a 9687 Sq. Ft. building on 3 lots in downtown Hot Springs. Add to your collection or open the door and start selling! MLS# 48074 $295,000
Great location on Main Street. Good visibility from HWY# 385. Two mobile home hookups, storefront, kitchen, Pringle Post Office, and large shop with plenty of room! Priced right at $169,500 MLS# 47843
PRiMe lOCATiOn!
gReAT lOCATiOn
lOg CABin SAnCTuARY
Highway frontage and high visibility. 1240
$104,750 for GREAT Location and Approx 3000 sq. feet of retail space, Highway 16 frontage-- This highly visible location, is a great investment opportunity. Large show room floor with large upstairs. Features: Slate rock wall, tongue/ groove vaulted ceiling, wood stove, carpeting thru-out building on both levels. Seller will consider a Contract for Deed. Priced to SELL! $104,750 MLS 42995.
You DESERVE a private log cabin sanctuary! 5100 sq.ft tri-level Cypress log home on 2.27 acres borders BHNF. Open concept with all conveniences on the main level. Cypress flooring, Great room, central fireplace, Hickory cabinetry, Loft with a view, full basement with areas for entertaining/storage. City Services. Three car garage with shop complete this perfect architectural retreat. MLS # 48043 $645,500
18.51 acres with 1635 sq. ft. 3 bdrm, 3 bth country home. 36 X 60 barn all set up for your horses. 7 Dutch doors, 3 stalls, 2 large pens, automatic waterer, 2 outside hydrants. Low maintenance. Perimeter and cross fenced. Gate to bordering USFS land. MLS# 47683 $567,500
BlACK HillS ACReAge
Huge PRiCe ReDuCTiOn!
MOBile HOMeS AllOWeD
Sq. Ft. building on .56 acres. Many attractions within walking distance. Still time to open for the 2015 season. Some equipment included. Nice level lot with plenty of parking. MLS# 48107 $175,000
BeAuTiFul lAnDSCAPing
LOOK CLOSE and you won’t believe the QUALITY! 4 bdr/3.5 ba, approx 4000 SF situated on 1.47 acres. Private setting, FEATURES: Culinary kitchen, vault. tongue/groove ceilings, custom cabinetry, detailed Fireplace, rec rm with log accent, Customized bar & media rm. maint. free siding, & decking, 12x16 deck, 23’ bridge to Spa/hot tub, man-made 8’ waterfall, a reflecting pond. Beautiful landscaping!! MLS# 47917 $425,000
Rare
opportunity
to
own
66.79
acre
homestead bordering USFS land. Very desirable location. No covenants. Perimeter fenced. Perfect for horses or cattle. Lots of character! MLS# 48260 $367,345
10326 Turkey Trail Road. Conveniently located between Newcastle WY and Custer SD. Great buy on this 1876 Sq. ft. home nestled on 18.24 acres. Spacious 30 X 40 metal building for all your toys! Nice balance of open meadow and scattered Ponderosa Pine. MLS# 41842 $162,500
HORSe RiDeRS PARADiSe!
40 Acres with Electric, Cistern, and Septic in place. Mobile homes allowed. Bring your horses! Nice balance of open pastures and Ponderosa Pine. Great location for your dream home, summer getaway, or hunting cabin. MLS# 47905 $120,000
The Home Journal, July 2015
605-673-2629
21
14 WeST MT. RuSHMORe RD. CuSTeR, S.D.
22
The Home Journal, July 2015
HOMEWISE
Real Estate Tips and Advice
Choosing a down payment
By ALEX MASON | Green Shoot Media
REAL ESTATE 101
Buying a home may be the biggest purchase of your life, so you want to make good decisions every step of the way. The buying process is more than simply signing on the dotted line. You still have many important factors to consider and must take careful consideration with all you do. The down payment is not a cutand-dry deal. This is one aspect of the home buying process where the buyer, the seller and the bank must all agree.
Down Payment Tips In general, a larger down payment will reduce your monthly payments If you don’t have enough cash for a down payment, a rent-to-own option may be a good choice for you while you save money.
HOW MUCH SHOULD I PUT DOWN?
The answer will likely be the amount that you can afford. Persons buying homes with a surplus of cash may opt to put down 20 percent or more. In general, the higher the down payment is, the lower the monthly payments will be. However, in some cases, the total purchase price will remain high due to the interest rate offered by the bank. Always check and see how different down payments will affect the interest you pay. If you wish to do business with a particular lender and roll your monthly payments back, one good option is to buy down the loan with points.
PAYING POINTS
The process of buying down points allows a borrower to gain access to a better interest rate, which will cut down the total mortgage balance over the life of the loan. A buyer with some extra cash available for the purchase of a
THE BOTTOM LINE
© FOTOLIA
The amount of your down payment can affect everything from your monthly payment to the interest rate on your mortgage. home will save money in the long run by buying down a few points. When buying down points, be sure that the payout does not leave you in a financial lurch. Buy only what you can comfortably afford with the option of refinancing the loan at a later date.
GOVERNMENT ASSISTANCE
Freddie Mac and Fannie Mae are excellent resources to find bargain priced homes that require a minimal down payment. Typically, a borrower may put down just 5 percent of the real
estate cost and enjoy a nice discount on quality housing. Many Realtors and real estate brokers are experts in the Fannie Mae and Freddie Mac field. To get started and save big bucks, contact your local real estate professional for assistance in housing from the Department of Housing and Urban Development in sealing the deal on the loan.
RENT-TO-OWN HOME PURCHASE
Rent-to-own agreements, also known as lease-to-own agreements, can get you into a house or condo in the blink of an eye.
This innovative open door allows the home owner and renter to set their own terms and conditions that may lead to the purchase of the leased property at a later date. In many instances, a seller may accept a full or partial down payment taken from the monthly rent, thus making the down payment a snap if the renter would like to buy the home later. The down side is that the buyer will have minimal choices when looking for a place to live. However, the upside is the potential for an easy down payment that is ideal for buyers with a low cash flow, or those who need time to improve their credit.
In the end, the bottom line of how much you put down on a new home will be largely dictated by your financial situation. When making that decision, be sure to factor in the closing costs, moving expenses, new furnishings and appliances, and set aside as many monthly mortgage payments as you can. In addition, home buyers who have not sold their old home and must continue to pay the mortgage need to be practical and calculating when juggling two loans. Always leave yourself plenty of financial leverage for emergencies and find your perfect balance of down payment and monthly mortgage payment. If you don’t have peace of mind with your current situation, walk away. It is much better to downsize your home and buy something cheaper than to lie awake at night and worry about what you have done.
23
The Home Journal, July 2015
windows & door replacement
Pella gives you the best choices on Wood, Fiberglass & Vinyl.
See the difference NEW WINDOWS & DOORS can make in your home. SAVE UP TO
$
1000
OFF
Offer Ends 8/1/15
a project.
Stop in or call to schedule your FREE in-home consultation!
800-520-0508 or call Shawn at 605-430-4132 Your Local Pella Showroom 2704 Plant Street, Rapid City SD
HURRY! Offer Ends August 1, 2015!
24
The Home Journal, July 2015
Power Home Buying
Conventional
6/1 ARM
Purchase Price
$200,000
Loan Amount
$198,714
Interest Rate
APR Loan Term Minimum Down Payment Upfront Financed Mortgage Insurance Premium
Monthly Payment
2.75 % 3.147 %
30 years 3.0% 2.43%
$811.23 for Initial 6 Year Term
GENERAL INFORMATION ========================================================== Information displayed is accurate as of February 3, 2015 and is subject to change without notice. Loan pricing can only be locked through a BHFCU mortgage representative. Other restrictions may apply. Due to regulations, certain products may not be available in all areas. The monthly payment amount displayed includes principal, interest and any required mortgage insurance. The payment amount does not include homeowner’s insurance, property taxes or additional escrow items that must be paid in addition to your loan payment. The displayed Annual Percentage Rate (APR) reflects the interest rate and approximate cost of prepaid finance charges but does not include other closing costs or discount points. The approximate cost of prepaid finance charges does not constitute and is not a substitute for the Good Faith Estimate of Settlement Charges (GFE). The actual fees, costs, and monthly payment on your specific loan transaction may vary. Stated rates are our lowest rate available for the term shown. Your loan’s interest rate will depend upon the specific characteristics of your loan and your credit profile up to the time of closing. Eligible property must be located within the Credit Union Trade Area and includes 1-4 Family Dwelling Units, Planned Unit Developments and Condominiums. Max loan amount is $417,000 with a maximum loan to value of 97%. All properties must be Owner-Occupied Primary Residences. Manufactured homes are not eligible. Other rates, terms and programs are available. This is not a mortgage loan approval or commitment to lend. Call 605-343-0891 or 800-482-2428 for more information. Black Hills Federal Credit Union membership is required. Applications taken between February 3, 2015 and June 30, 2015. Loan must close within 60 days of signed application date. ADJUSTABLE RATE MORTGAGES (ARM) ========================================================== Interest rates and payments may increase after consummation. After the initial fixed-rate period of 6 years, your interest rate can increase or decrease annually according to the market index. Any change may significantly affect your monthly payment. For conforming ARM interest rates at the time of adjustment, your new mortgage rate will be the Wall Street Journal’s published one-year London Interbank Offered Rate (LIBOR) plus a margin of 2.25%, rounded to the nearest .125%. This loan is subject to annual and lifetime adjustment caps.
Valid Feb 3, 2015 - Jun 30, 2015 bhfcu.com 343.0891