1026 Cornell St, Vermillion, SD 57069 Property Records

Clay County property record for 1026 Cornell St, Vermillion, SD 57069

Property Summary

Property Type	Commercial
Details	3,744 sqft · built 2005
Lot Size	0.382 acres (16,653 sqft)
Owner	Company Name on Record
Last Sale	$2,400,000 (Apr 2022)
Tax Bill	$15,405 (2025)
Deeds & Mortgages	Aug 2022 Mortgage Apr 2022 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15180-00000-130-15`

Property Details

APN / Parcel Number

Primary APN	`15180-00000-130-15`

Interior

Units	32 Units
Stories	2 Stories
Building Area	3,744 sqft Gross Area

Exterior

Year Built	Built 2005
Effective Year Built	Effective 2005
Architectural Style	Multi-Family
Lot Area	16,653 sqft (0.382 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	1026 CORNELL ST
City	VERMILLION
State	SD
Zip	57069-1774
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT G OF LOT 13 COLLINS
Legal Subdivision	COLLINS ADDN
Legal Lot Number	13
Jurisdiction	CLAY SD
Township / Civil Division	VERMILLION
Census Block Group	3
Census Block	3008
Census Tract	965900

Owner

Source: Clay County records, as of April 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2941 TELEGRAPH AVE, BERKELEY, CA 94705-2017
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 24, 2022	Deed of Trust, Mortgage BANKWEST INC
Apr 27, 2022	Warranty Deed, Transfer · Stand-Alone First Mortgage TJ VERMILLION APTS LLC
Dec 3, 2021	Deed of Trust, Mortgage · Commercial Mortgage WELLS FARGO BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 27, 2022 · Amount on Record
Deed Sale	Apr 27, 2022 · Amount on Record
Prior Sale	Apr 27, 2022 · Amount on Record
Record Updated	Jun 8, 2026

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLAY SD
Property Address	1026 CORNELL ST, VERMILLION, SD 57069-1774
Transaction Type	Mortgage
Record Updated	Sep 30, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2941 TELEGRAPH AVE, BERKELEY, CA 94705-2017

Mortgage

Document Number	0MT146/621
Date	Aug 24, 2022
Book Page	MT146/621
Instrument	148257

Lender

Name	BANKWEST INC
Type	Bank
Address	RAPID CITY, SD 57701

Agreement

Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

April 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CLAY SD
Recording Date	Apr 27, 2022
Property Address	1026 CORNELL ST, VERMILLION, SD 57069-1774
Document Number	000D82/737
Book / Page	D82 / 737
Instrument Date	Apr 27, 2022
Instrument	147590
Transaction Type	Transfer
Record Updated	Jun 16, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,400.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2941 TELEGRAPH AVE, BERKELEY, CA 94705-2017

Mortgage

Document Number	0000147591
Date	Apr 27, 2022
Instrument	147591

Lender

Name	TJ VERMILLION APTS LLC
Type	Non-Lending Institution

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	3 Months
Due	Jul 27, 2022

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLAY SD
Property Address	1026 CORNELL ST, VERMILLION, SD 57069-1774
Transaction Type	Mortgage
Record Updated	Dec 24, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0MT145/710
Date	Dec 3, 2021
Book Page	MT145/710
Instrument	146719

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SAN ANTONIO, TX 78265

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Clay County assessment roll, as of September 9, 2025

Property Jurisdictions

Type	Name
State	South Dakota
County	Clay County
Municipality	Vermillion City
Unified School District	Vermillion School District 13-1 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2025	$15,405.00 (+12.39%)	$724,954 (+31.65%) Land $36,470 Building $688,484
2023	$13,707.00 (+1.42%)	$550,651 Land $31,807 Building $518,844
2022	$13,515.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 29, 2020

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 96% of South Dakota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	VERMILLION serves 11,695 people · EPA ID SD4600342
Water Source	Groundwater
Last State Inspection	Dec 2024
Lead	1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 291 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Bluepeak Fiber	5,000 / 5,000
Midco Cable	1,250 / 250
Verizon Fixed Wireless	300 / 20
Nextlink Fixed Wireless	100 / 20

May also be available: Santel.

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