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3053 Hoefer Ave, Rapid City, SD, 57701

3beds
2baths
1,584sqft
$420,000
$265price/sqft
$2,913/moest. monthly cost
$116,520/yrincome needed

About This Home

The only thing better than purchasing a townhome is when you can purchase two townhomes side by side. Investors, mulit-generational buyers, rental buyers, or anyone who wants the double opportunity. The townhome next door is also available. This ranch style home offers thoughtful design, quality craftsmanship, and modern comfort from the moment you step inside. The home offers 3 bedrooms and 2 well-appointed bathrooms, with an open-concept main level that brings in great natural light. The layout is designed for easy living. The living room area, a functional and stylish kitchen, and a dining space that flows seamlessly to the outdoors. The walkout basement provides endless possibilities with future expansion, extra bedrooms, a large family room, a home gym, or simply exceptional storage. Whether finished now or later, it adds significant value and flexibility to each home. Outside, you will enjoy the fully landscaped yard giving you a finished, move-in-ready exterior from day one. The exterior design creates a welcoming sense of home the moment you arrive. Opportunties like this don't come around often! Schedule a tour today!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

2/10
3/10
South Middle School - 36Grades 6-81.1 mi
2/10
Central High School - 41Grades 9-122.7 mi

Construction

Condition

  • Property condition: Completed
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Brick Veneer,Hardboard

Type & Style

  • Home type: Townhouse
  • Architectural style: Ranch
  • Property subType: Townhouse/Condominium

Interior

Appliances

  • Appliances included: Disposal,Dishwasher

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bathroom

  • Features: Shower and Tub,Shower Only,Walk-In Closet(s)

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Combination

Features

  • Ceiling Fan(s),Vaulted Ceiling(s)
  • Flooring: Carpet,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,168
  • Total interior livable area: 1,584 sqft

Property

Features

  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,534 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached,Two Car
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Winter Weather
Ice Storm

FEMA Declared Disasters in Pennington County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,123$25,476
Home Insurance $294$3,528
Property Taxes $350$4,200
Electricity $146$1,755
Total$2,913$34,956

Income You'd Need if You Spent...

35% on housing$99,874/yr
40% on housing$87,390/yr
45% on housing$77,680/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 57701$181
Pennington County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 57701$187
Pennington County$202

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$420,000
2026-03-19Price change$426,000
2026-02-17Price change$430,000
2026-01-27Price change$435,000
2025-12-11Listed for sale$440,000
2025-11-20Listing removed$460,000
2025-10-31Price change$460,000
2025-08-13Listed for sale$465,000
2025-08-12Listing removed$486,000
2025-06-02Listed for sale$486,000
2025-05-28Listing removed$500,000
2025-04-28Listed for sale$500,000

New Construction

AgentYANNI GEORGAS
BrokerageRE/MAX RESULTS

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