601 N Phillips Ave, Sioux Falls, SD 57104 Property Records

Minnehaha County property record for 601 N Phillips Ave, Sioux Falls, SD 57104

Property Summary

Property Type	Apartments (5+ Units)
Details	103,670 sqft · built 2013
Lot Size	2.29 acres (99,883 sqft)
Owner	Company Name on Record
Last Sale	$84,500 (Jul 2020)
Tax Bill	$186,817 (2025)
Deeds & Mortgages	Feb 2021 Mortgage Jul 2014 Transfer
Flood Zone	Zone X (minimal risk)
APN	`01-22-16-162-013-000`

Property Details

APN / Parcel Number

Primary APN	`01-22-16-162-013-000`
Alternative APN	`81014`

Interior

Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	86 Rooms
Units	172 Units
Stories	4 Stories
Building Area	103,670 sqft Living Area
1st Floor Area	26,048 sqft
Basement Area	26,048 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 2013
Effective Year Built	Effective 2013
Exterior Material	Combination
Construction Type	Frame
Roof Type	Flat
Roof Material	Other
Lot Area	99,883 sqft (2.29 acres)
Garage Type	Detached
Garage Area	7,392 sqft
Parking Spaces	24 Parking Spaces
Deck Area	5,615 sqft
Patio Area	5,615 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Heating Fuel	Gas

Location & Zoning

Account Number	81014
Street Address	601 N PHILLIPS AVE
City	SIOUX FALLS
State	SD
Zip	57104-1603
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	LOT 1 PHILLIPS AVENUE LOFTS ADDITION TO THE CITY OF SIOUX FALLS
Legal Subdivision	PHILLIPS AVENUE LOFTS ADDITION
Legal Lot Number	1
Jurisdiction	MINNEHAHA SD
Township / Civil Division	SIOUX FALLS
Census Block Group	4
Census Block	4017
Census Tract	100

Owner

Source: Minnehaha County records, as of July 16, 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	101 S REID ST, 201, SIOUX FALLS, SD 57103-7062
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 19, 2021	Deed of Trust, Mortgage · Commercial Mortgage GRANDBRIDGE REAL ESTATE CAPITAL LLC
Jul 8, 2014	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 2, 2020 · Amount on Record
Deed Sale	Jul 2, 2020 · Amount on Record
Deed Book / Page	597-D / 91
Record Updated	Sep 20, 2026

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 N PHILLIPS AVE, SIOUX FALLS, SD 57104-1603
Transaction Type	Mortgage
Record Updated	Jun 22, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	101 S REID ST 201, 201, SIOUX FALLS, SD 57103-7062

Mortgage

Document Number	1914MTG/803
Date	Feb 19, 2021
Book Page	1914 MTG/803

Lender

Name	GRANDBRIDGE REAL ESTATE CAPITAL LLC
Type	Non-Lending Institution
Address	CHARLOTTE, NC 28202

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Mar 1, 2031

July 2014: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MINNEHAHA SD
Recording Date	Jul 8, 2014
Property Address	601 N PHILLIPS AVE, SIOUX FALLS, SD 57104-1603
Document Number	000556/819
Book / Page	556 / 819
Instrument Date	Apr 21, 2014
Instrument	413549
Transaction Type	Transfer
Record Updated	Jun 22, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4800 W 57TH ST, SIOUX FALLS, SD 57108-2239

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	101 S REID ST STE 201, 201, SIOUX FALLS, SD 57103-7062

Tax Assessment & Valuation

Source: Minnehaha County assessment roll, as of July 16, 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

Year	Tax Bill	Assessed Value
2025	$186,817.00 (-3.32%)	$11,589,200 (+8.9%) Land $1,229,000 Building $10,360,200
2022	$193,236.00	$10,642,000 Land $999,000 Building $9,643,000

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

Flood

Source: FEMA National Flood Hazard Layer, effective May 2, 2024

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	Not rated no burnable land within 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	SIOUX FALLS serves 216,462 people · EPA ID SD4600294
Water Source	Surface water
Last State Inspection	Jun 2025
Lead	3 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 241 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Midco Fiber · Cable in parts of the area	5,000 / 5,000
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Bluepeak, CenturyLink.

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