5240 Albert Ln, Rapid City, SD 57703
Property image
Property image
OFF MARKET

$322,200

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,560 sqft

5240 Albert Ln, Rapid City, SD 57703

Rapid Valley
Refinance Your Home
Currently Off Market - Sold Oct 24, 2024 for $248,000

Home Value

Trulia Estimate
$322K
Since last month
Decreased$200 (-0.1%)
Since last year
Increased$74K (+29.3%)
Since last sale
Increased$76K (+30.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$324K
July 2026$325K
June 2026$304K
May 2026$279K
April 2026$254K
March 2026$253K
February 2026$249K
January 2026$248K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2446 Jack Pine Dr, Rapid City, SD
0.08
Single-Family Home
$309,900
01/30/26
3
2
1,620
5040 Saturn Dr, Rapid City, SD
0.17
Single-Family Home
$339,900
09/23/25
4
2
2,034
5288 Mercury Dr, Rapid City, SD
0.24
Single-Family Home
$334,900
06/08/26
3
2
1,428
2198 Old Farm Ct, Rapid City, SD
0.24
Single-Family Home
$336,000
11/07/25
4
2
1,868
2143 Old Farm Ct, Rapid City, SD
0.29
Single-Family Home
$330,000
01/16/26
3
2
1,824
5062 Basswood St, Rapid City, SD
0.20
Single-Family Home
$340,000
03/06/26
4
2
2,184
4794 Trail Dr, Rapid City, SD
0.49
Single-Family Home
$285,000
07/16/26
3
2
1,232
4712 Trail Dr, Rapid City, SD
0.51
Single-Family Home
$315,000
10/08/25
3
2
1,224
4708 Howie Dr, Rapid City, SD
0.53
Single-Family Home
$340,000
03/23/26
3
2
1,680

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2472 Jack Pine Dr, Rapid City, SD 57703
0.05
$348,600
4
2
1,824
Off Market
2446 Jack Pine Dr, Rapid City, SD 57703
0.08
$309,900
3
2
1,620
Recently Sold
2430 Sprucewood St, Rapid City, SD 57703
0.13
$293,400
3
2
1,296
Off Market
2330 Reservoir Rd, Rapid City, SD 57703
0.17
$276,500
3
1
936
Off Market
2503 Shad St, Rapid City, SD 57703
0.16
$359,000
4
2
1,822
Off Market
5040 Saturn Dr, Rapid City, SD 57703
0.17
$338,100
4
2
2,034
Off Market
5124 Leroy St, Rapid City, SD 57703
0.21
$303,100
3
2
1,224
Off Market
5062 Basswood St, Rapid City, SD 57703
0.20
$340,000
4
2
2,184
Recently Sold
5436 Weathervane Ln, Rapid City, SD 57703
0.22
$288,400
3
1.5
1,296
Off Market
5823 Corbin Dr, Rapid City, SD 57703
0.24
$249,900
4
-
2,498
For Sale
Shaw Ct, Rapid City, SD 57703
0.25
$63,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 5240 Albert Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1980
Living Area
1,560 sqft
Price/Sqft
$207
Parking
Garage

About this House

Check out this ranch style, 1,560 sq. ft., 4 bed, 2 bath, 2 car oversized garage home located in Rapid Valley. The main level has living/dining room area with a large bay window providing an abundance of natural light. It also has solid wood doors, 2 bedrooms, a shared bathroom, kitchen with breakfast bar, tiled backsplash, appliances included (electric stove, refrigerator, mounted microwave, dishwasher), and patio sliding glass door to the 12x10 deck/fenced backyard. The basement has a spacious family room, shared bathroom (remodeled walls, floors, and sink/vanity), 2 bedrooms (one not to code and the other is partially finished. The 26x26 detached garage has a huge of possibilities. Updates include a new roof and AC unit in 2019, new water heater in 2021, and new furnace in 2023. Nestled on a corner lot the owners loved the neighbors and proximity to Ellsworth AFB & downtown Rapid City. Did we mention the fenced yard? The home is being sold AS IS.
5240 Albert Ln, Rapid City, SD 57703 is a 4 bedroom, 2 bathroom, 1,560 sqft single-family home in Rapid Valley, built in 1980. It last sold for $248,000 on Oct 24, 2024 (6% below the $264,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $322,200, with a rent estimate of $1,991/month.
Last check for updates: about 12 hours ago
Listed by Lorenzo Bell-Thomas
Century 21 Clearview Realty
Bought with: Chris Quail, RE/MAX Advantage
Source: Mount Rushmore Area AOR, MLS#81681

Home Details for 5240 Albert Ln

Interior Features

Interior Details
Basement: Full,Partially FinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1560 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Electric Range Oven, MicrowaveDishwasherLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Refrig. C/AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl, Laminate
Levels, Entrance, & Accessibility
Floors: Carpet, Vinyl, Laminate
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Open DeckFencing: Fence Metal, Wood
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Two Car,Detached,Garage Door Opener

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Site BuiltArchitecture: Ranch
Building
Construction Materials: Frame

Price & Status

Price
List Price: $264,900
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: SOLD-CO-OP BY BOR MEMBER

Location

Direction & Address
City: Rapid CityCommunity: Scenic Valley

Building

Building Area
Building Area: 1560 Square Feet

Lot Information

Lot Area: 9583.2 sqft

Offer

Listing Terms: Cash, New Loan

Miscellaneous

BasementMls Number: 81681

Price and Tax history

DateEventPrice
Oct 24, 2024
Source: Mount Rushmore Area AOR #81681
Sold
$248,000
Sep 20, 2024
Source: Mount Rushmore Area AOR #81681
Contingent
$264,900
Sep 6, 2024
Source: Black Hills AOR #170451
Listed For Sale
$264,900
Feb 28, 2019
Source: N/A
Sold
$185,000
Jan 10, 2019
Source: Agent Provided
Pending
$189,900

Market trends in Rapid City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$367K
$14.18KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$212
$0MoM
Available listings
425
49MoM

Around this home

Neighborhood Overview

Rapid Valley
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rapid Valley

At least 18 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 94 % Say parking is easy

  • 91 % Say car is needed

  • 91 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 83 % Say kids play outside

  • 79 % Say there are sidewalks

  • 72 % Say it's quiet

  • 71 % Say people would walk alone at night

  • 67 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 29 % Say streets are well-lit

  • 17 % Say there are community events

  • 10 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Rex
    "We have fireworks during the 4th of July. There is also pancake suppers for fundraiser for the Rapid Valley Fire department. "
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    Flag
  • Lori F.
    "The neighborhood really enjoys Fourth of July the celebration goes on for days upon days! Lots of neighbors love to shoot fireworks which is great to sit outside and watch with the kids at night, gives everyone an extra show both before and after the big show on the Fourth of July! "
    0
    Flag
  • Trulia User
    "Rapid valley is a very kid and dog friendly community, most of the neighbors take pride in their homes and yards. You see kids walking to and from school and lots of people walking babies in strollers it seems to be a safe area and the people love to celebrate the holidays. So if this meets what you are looking for in a neighborhood then the valley is the place for you! Good luck house hunting!!"
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  • Lori F.
    "Friendly lots of dog walkers and people walking babies and young kids an elementary school is centrally located within the neighborhood overall a quiet place to live "
    0
    Flag
  • Carmen E. B.
    "Lots of other animals in the neighborhood but people are rude about picking up dog poop I’ve noticed!"
    0
    Flag
  • Lori F.
    "Lots of dog walkers in the neighborhood, kids playing outside, especially since there’s an elementary school a couple blocks away, normally a very quiet neighborhood a good mix of established residents and new property owners. Convenience of gas stations and a dollar tree within five minutes of the house for those last minute items that were forgotten at the store. Convenient location for stores, strip malls or even the mall within ten minutes. Great location to have rapid city at your fingertips without having to be right in the middle and having to deal with rush hour traffic"
    0
    Flag
  • Lori F.
    "Very dog friendly neighborhood lots and lots of dog walkers! Very friendly area to live in. Overall low traffic area except when school lets out, but it is convenient for families with younger kids"
    0
    Flag
  • Lori
    "Quiet neighborhood typically without issue reasonable place to live cost wise. Convenient location to gas stations and interstate. Lots of younger kids very close to an elementary school. Good location for young families and first time buyers! Large lots per house. Nice to have more space than the newer neighborhoods offer. Usual lot size is a half acre or more!! "
    0
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  • Lori F.
    "Fourth of July is spectacular very neighborly nice place to live especially for young families with young kids school within walking distance "
    0
    Flag
  • Lori F.
    "You see people walking there dogs and pushing strollers all the time very friendly for both kids and dogs! Great neighborhood to live in very safe and quiet "
    0
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  • Lori F.
    "There’s an elementary school in the neighborhood good for young families quiet community to live in low crime rate people love to celebrate the Fourth of July here! Everyone has been very friendly new to the area "
    0
    Flag
  • Dnoneill69
    "very friendly, great neighborhood great neighbors, kids playing. what I love most is being close to down town but far away enough for some quiet and less traffic. the area is definitely growning "
    0
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved

Frequently asked questions about 5240 Albert Ln

  • What is 5240 Albert Ln estimated to be worth?
    Trulia's estimated value for 5240 Albert Ln in Rapid City, SD is $322,200.
  • What is the price history for 5240 Albert Ln?
    5240 Albert Ln in Rapid City, SD last sold for $248,000 in October 2024.
  • Is Rapid City a buyer's or seller's market?
    Rapid City is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Rapid City?
    The median sale price in Rapid City is $367K. That is up $14.18K from the prior month.
  • Does 5240 Albert Ln have air conditioning?
    Yes, 5240 Albert Ln in Rapid City, SD has air conditioning.
  • Does 5240 Albert Ln have laundry facilities?
    Yes, 5240 Albert Ln in Rapid City, SD has laundry facilities.

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