Beresford, SD 57004,512 N 4th St

$250,000

Est. payment /mo

$250,000

Est.Price: ?

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512 N 4th St Beresford, SD 57004

3 Beds

2 Baths

1,200 SqFt

SOLD DATE : 10/28/2024

Key Details

Sold Price $250,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $208

Subdivision Beresford City

MLS Listing ID 22405998

Style Ranch

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Year Built 2024

Annual Tax Amount $94

Lot Size 0.375 Acres

Property Sub-Type Single Family

Property Description

NEW CONSTRUCTION ON A LARGE LOT! This 1200 sq. ft. 3 bedroom, 2 bathroom home is a highly efficient 2x6 stick built home. Enjoy a master bath, main floor laundry, eat-in kitchen with stainless steel appliances and an attached two car garage. Full basement is ready to be finished with room for a family room, 4th and 5th bedrooms, and a 3rd bath. The purchase agreement will be for $250,000 with a $236,000 first mortgage to seller and a $14,000 soft second mortgage assumed at closing. The second mortgage is at 0% without payments and is forgiven at $2800 per year over 5 years to a full grant. To qualify for purchasers must: To qualify, purchasers must: Make $66,570 or less in a one- or two-person household or $76,080 or less in a household of three or more Have net worth of less than $125,000—or $105,000 in liquid assets—for applicants age 61 or younger Have net worth of less than $250,000—or $140,000 in liquid assets—for applicants age 62 or older Consider the home their only residence Income restriction on this house will remain for three years. After that, it can be sold to anyone regardless of income.

Location

State SD

County Lincoln

Area Sf-90

Interior

Heating Central Natural Gas

Cooling One Central Air Unit

Flooring Carpet, Vinyl

Exterior

Exterior Feature Vinyl

Parking Features Attached

Garage Spaces 2.0

Roof Type Shingle Composition

Building

Lot Description City Lot

Foundation Poured

Sewer City Sewer

Water City Water

Schools

Elementary Schools Beresford Es

Middle Schools Beresford Ms

High Schools Beresford Hs

School District Beresford 61-2

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Sioux Empire MLS (RASE)
Listed by South Eastern Development Foun • Lynne K Forbes
Bought with South Eastern Development Foun

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