Maximize the profit potential of

318 N Summit Ave,Sioux Falls, SD 57104

3

beds

2

baths

1,386

sqft

Built

1880
7,130

sqft Lot

1

car garage

A/C

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318 N Summit Ave
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 318 N Summit Ave, Sioux Falls, SD 57104

Located in the Bennetts 1st Addn neighborhood, this property was built in 1880, and had 3 construction permits in the year 2001.

General details

Table iconBuilt in:1880
Table iconBedrooms:3
Table iconBathrooms:2
Table iconSchool district:Lincoln Hs
Table iconCounty:Minnehaha

Price and tax history

Table iconLand value:-
Table iconProperty tax:$1,213.76
Table iconProperty tax year:2020
Table iconSale date:05/20/2022
Table iconSale price:$162,500

Interior details

Table iconBasement:No
Table iconStories/floors:-
Table iconWaterfront:No
Table iconTotal rooms:7

318 N Summit Ave information

Table iconType:Ranch
Table iconUse:Single Family Residence
Table iconLot size:7,130 sqft
Table iconBuilding size:1,386 sqft

Exterior of the house

Table iconGarage:1 car, Detached garage
Table iconRoof:-
Table iconExternal walls:Asbestos Shingle
Table iconPool:No

House fixtures

Table iconHeating:Gas
Table iconFire place:No
Table iconAir Conditioning:No
Table iconHeater replacement:-

This beautiful residential property has 1,386 sq ft of living space. It has a 1-car garage space. In total, the home has 7 rooms.

This house has A/C to keep your home cool and comfortable.

The nearest school district is Lincoln Hs and the distance to the nearest school is 0.3 miles.

This property was last sold for $162,500 on 05/20/2022 and its property tax value is $1,213.76 from 2020

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

318 N Summit Ave could benefit from a Bedroom addition, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 57104.

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Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

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Contractor Solutions
Contractor Solutions

Around Sioux Falls, there are 1423 vetted contractors. Find the best one for your renovation project

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Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 318 N Summit Ave you should think about remodeling your Bedroom, it can provide an ROI around 12%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Sioux Falls, SD is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Bedroom Addition
$46,817
Kitchen Renovation
$20,149
Master Bathroom Renovation
$9,321
Full Bathroom Renovation
$4,868
Cost to renovate
$81,155
Increase in home value 
$90,894

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 57104, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 24.1% growth in 5 years, with a statistical range between 11.21% and 36.89%
For zip code 57104, the graph shows a projected growth of 24.1% over the next five years, with a statistically significant range of growth between 11.21% and 36.89%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
23.9
polygon%

5 YEAR GROWTH

NOW

+3.87%

GROWTH

1 YEARS

+1.77%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2001
3 Permits

New landscaping, deck, and or pool, Condo new landscaping, deck, and or pool

#80927

Permit date:

09/20/2001

Status:

Approved

Type:

No data

Description:

Add two decks

Contractor:

No Data

Residential Permit

#78498

Permit date:

07/05/2001

Status:

Approved

Type:

No data

Description:

Replace dormer

Contractor:

No Data

Residential Permit

#76924

Permit date:

05/02/2001

Status:

Approved

Type:

No data

Description:

Reshingle house repair soffits

Contractor:

No Data

Know Your Neighborhood

Neighborhood overview around 318 N Summit Ave

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Car-Dependent

Almost all errands require a car

Transit

Minimal transit

It is possible to get on a bus

Crime

Less than US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Fewest high-risk hazards

No known high risk hazards

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Above
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Below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
-0.2%

Less expensive than similar sales

+71.8 Score

Property condition score is higher than average

-1 Beds

Similar sales have 4 beds average

-306.2 sqft

This property has a smaller building size than average

-19 years

Older than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 234 N Summit Ave, Sioux Falls, SD 57104 $235,000 01/30/2023 4 / 2.0 2,496 1903 4,576
2 607 W 7th St, Sioux Falls, SD 57104 $184,900 02/16/2023 4 / 2.0 1,831 1918 2,024
3 716 W 7th St, Sioux Falls, SD 57104 $265,000 08/08/2022 4 / 1.0 1,784 1886 6,600
4 328 N Prairie Ave, Sioux Falls, SD 57104 $216,000 11/22/2022 3 / 1.0 1,464 1916 6,600
5 720 W 6th St, Sioux Falls, SD 57104 $235,000 07/28/2023 4 / 2.0 1,807 1900 7,788
6 610 W 8th St, Sioux Falls, SD 57104 $207,500 05/31/2023 3 / 1.0 1,294 1888 5,148
7 301 N Spring Ave, Sioux Falls, SD 57104 $325,000 09/02/2022 3 / 3.0 1,772 1900 3,608

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

234 N Summit Ave, Sioux Falls, SD 57104

$235,000

01/30/2023

4 / 2.0

2,496

1903

4,576

607 W 7th St, Sioux Falls, SD 57104

$184,900

02/16/2023

4 / 2.0

1,831

1918

2,024

716 W 7th St, Sioux Falls, SD 57104

$265,000

08/08/2022

4 / 1.0

1,784

1886

6,600

328 N Prairie Ave, Sioux Falls, SD 57104

$216,000

11/22/2022

3 / 1.0

1,464

1916

6,600

720 W 6th St, Sioux Falls, SD 57104

$235,000

07/28/2023

4 / 2.0

1,807

1900

7,788

610 W 8th St, Sioux Falls, SD 57104

$207,500

05/31/2023

3 / 1.0

1,294

1888

5,148

301 N Spring Ave, Sioux Falls, SD 57104

$325,000

09/02/2022

3 / 3.0

1,772

1900

3,608

Based on the values extracted from recently sold nearby homes, these properties built around the year 1902, on average consist of 4 bedrooms and 2 bathrooms. They typically offer a lot size of approximately 5,192 sqft with a building size of around 1,778 sqft, fetching a median sale price of $235,000.

Neighborhood schools

1
Hawthorne Elementary - 56(Elementary)

Rating 2/10  |  Distance: 0.3 miles   |  Private

2
Lowell Elementary - 28(Elementary)

Rating 4/10  |  Distance: 0.9 miles   |  Private

3
Middle School Immersion Center 53(Middle)

Distance: 0.6 miles   |  Private

4
Odyssey - 47(Middle)

Distance: 0.7 miles   |  Private

5
Whittier Middle School - 08(Middle)

Rating 3/10  |  Distance: 1.0 miles   |  Private

6
Teachwell Academy Middle School 04(Middle)

Rating 5/10  |  Distance: 1.1 miles   |  Private

7
Flex - 45(High)

Distance: 0.7 miles   |  Private

8
Structured Teaching - 12(High)

Rating 5/10  |  Distance: 0.7 miles   |  Private

9
Success Academy - 39(High)

Rating 5/10  |  Distance: 0.7 miles   |  Private

10
Teachwell Academy High School 01(High)

Distance: 1.1 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

September

Clean front porch and back deck
Helps to maintain the overall aesthetic of your home, helps to prevent damage to the deck or porch itself, and helps to prevent the growth of mold and mildew, which can be a health hazard.

September

Drain sprinkler system to protect from freezing
Necessary to protect sprinklers from freezing because water expands as it freezes, which can cause pipes and other components of the sprinkler system to burst.

September

Put away hoses and drain exterior faucets to protect from freezing
If a hose or faucet is left connected to a water supply and temperatures drop below freezing, water inside the hose or faucet can freeze and expand, potentially bursting the hose or faucet and causing damage to the exterior.

Why?

Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 318 N Summit Ave, Sioux Falls, SD 57104

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