2505 E 16th St, Sioux Falls, SD 57103 Property Records

Minnehaha County property record for 2505 E 16th St, Sioux Falls, SD 57103 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	2 Baths
Year Built	Built 1973
Square Footage	1,276 sqft Finished Area
Lot Size	8,956 sqft (0.206 acres)
Garage	Basement
Occupancy	Owner Occupied
Tax Bill	$1,477.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`01-22-22-280-007-000`
Alternative APN	`51023`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	5 Rooms
Building Area	1,276 sqft Finished Area
1st Floor	1,276 sqft 1st Floor
Basement Area	1,196 sqft Basement
Finished Basement	312 sqft Finished
Family Room	Family Room
Primary Flooring	Carpet Flooring
Interior Structure	Wallboard/Drywall Interior Structure

Exterior

Year Built	Built 1973
Effective Year Built	Effective 1973
Architectural Style	Bi-Level Style
Exterior Material	Combination Exterior
Construction Type	Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	8,956 sqft (0.206 acres)
Depth X Width	139 ft x 64 ft Depth x Width
Parking Spaces	2 Parking Spaces
Garage Type	Basement Garage
Deck Area	108 sqft Deck
Patio Area	108 sqft Patio

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Forced Air with Air Conditioning Heating
Heating Fuel	Gas Heating Fuel
Sewage	Sewage Connected
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Account Number	51023
Street Address	2505 E 16TH ST
City	SIOUX FALLS
State	SD
Zip	57103-2315
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LOT 6 BLOCK 1 VALLEY VIEW ADDN TO CITY OF SIOUX FALLS
Legal Subdivision	VALLEY VIEW ADDN
Legal Block	1
Legal Lot Number	6
Jurisdiction	MINNEHAHA SD
Minor Civil Division	SIOUX FALLS
Census Blockgroup	1
Census Block	1025
Census Tract	401

Owner

Source: Minnehaha County records · APN 01-22-22-280-007-000

Assessment roll updated July 16, 2026 · Last verified July 2026

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

Owner of Record	2 Trust Names on File
Mailing Address	2505 E 16TH ST, SIOUX FALLS, SD 57103-2315
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity
Vesting	Owner is a Trust, Corporate Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Record Refreshed	Sep 20, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	2505 E 16TH ST, SIOUX FALLS, SD 57103-2315
Transaction Type	Mortgage
Record Updated	Nov 21, 2022
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2505 E 16TH ST, SIOUX FALLS, SD 57103-2315

Mortgage

Document Number	1961MTG/309
Date	Oct 19, 2022
Book Page	1961 MTG/309

Lender

Name	FINANCE OF AMERICA REVERSE LLC
Type	Reverse Mortgage Lender
Address	TULSA, OK 74133

Agreement

Type	Reverse Mortgage
Amount	Amount Recorded
Term	793 Months
Due	Nov 05, 2088

Interest

Rate Type	Adjustable Rate
Rate	6.32%
Adjustable	Document includes a rider for adjustable-rate mortgage with a specific rate change date.
Type Change Date	Dec 01, 2022
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).
Index	1-Year CMT
Max Rate	11.3%

Tax Assessment & Valuation

Source: Minnehaha County records · Assessment roll updated July 16, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	South Dakota
County	Minnehaha County
Municipality	Sioux Falls City
Unified School District	Sioux Falls School District 49-5 (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

Year	Tax Bill	Assessed Value
2025	$1,477.00	$248,700 (+7.29%) Land $38,500 Building $210,200
2024	$1,477.00 (-8.43%)	$231,800 (+10.38%) Land $38,500 Building $193,300
2022	$1,613.00	$210,000 Land $38,500 Building $171,500