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1107 East Michigan Avenue

1107 East Michigan Avenue, Salt Lake City, UT 84105
Property in East Central
Sold Aug 04, 2020
$783,200
$800,046 by United Wholesale Mortgage
Mortgage Due Sep 01, 2050
1107 East Michigan Avenue in Salt Lake City, UT was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 1107 East Michigan Avenue has 3,342 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,289 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 300 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1107 East Michigan Avenue sold most recently in Aug 4, 2020 for a total of $783,200. If you work out the math, that's approximately a cost of $211.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,871 in taxes each year. The initial year of tax delinquency occurred in 2017. 1107 East Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,079,800. If we break it down further, the land itself was valued at $278,000. Improvements to the property, however, were assessed at a total of $801,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Cottage
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,289
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 3,706
  • Gross Building Area: 3,946
  • Building Area: 3,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,342
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GILMER PARK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLK A GILMER PARK 8433-5410 10539-6361,6364,6367 10539-6371 10539-9564 10992-8432

Ownership

  • Current Owner : RIVERA JASON M
  • Previous Owner : BASES LOADED INVESTING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 103500

Zoning

  • Zoning: 1105

Geography

  • Assessors Map Reference: 16-08-258
  • Parcel: 16-08-258-022-0000
  • Block: A
  • Lot: 10
  • Meridian: SEC 08 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7478
  • Longitude: -111.859

    Address

  • Full Address: 1107 E Michigan Ave
  • Address - House Number: 1107
  • Street Direction: E
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C003
  • 4-Digit Zip Code: 1512
  • Zip Code: 84105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,871
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,323,907
  • High Value: 1,584,511
  • Low Value: 1,063,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,046
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $800,046
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $1,079,800
  • Market Land Value: $278,000
  • Market Improvement Value: $801,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,079,800
  • Assessed Land Value: $278,000
  • Assessed Improvements Value: $801,800

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11779680719
  • Current Sale Price: $783,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13350614

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $800,046
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 1107 East Michigan Avenue located in?
The 1107 East Michigan Avenue is a located in the neighborhood of East Central in East Central, Salt Lake City.
What is the average sales price for listings in 1107 East Michigan Avenue?
The average sales price for units in 1107 East Michigan Avenue is $0 currently.

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