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1213 East Lorraine Drive

1213 East Lorraine Drive, Salt Lake City, UT 84106
Property in Millcreek
Sold Oct 10, 2017
$281,300
$225,000 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2047
Sold May 17, 2007
$283,000
$226,400 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2037
Local assessors in Salt Lake City, UT have categorized 1213 East Lorraine Drive as a residential type of property. The home was built in 1943 and is 81 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1213 East Lorraine Drive has a total of 1,482 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 757 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1213 East Lorraine Drive sold most recently in Oct 8, 2017 for a total of $281,300. If you work out the math, that's approximately a cost of $185.80 per sqft. Before that, the property was also sold for $283,000 in May 16, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,301 in taxes each year. 1213 East Lorraine Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $461,600. If we break it down further, the land itself was valued at $110,100. Improvements to the property, however, were assessed at a total of $351,500. 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: 1943
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 757
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,514
  • Gross Building Area: 1,542
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOELLERS ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE W 55 FT LOT 7, MOELLERS ADD 4748-0663 5488-0306 6824-2892 9440-9441 9465-5078 09838-8561

Ownership

  • Current Owner : HANSEN SHAWN R
  • Previous Owner : AGARWAL ASHU VIKAS
  • Previous Owner 2: AGARWAL SHALINI VIKAS
  • Owner Before Previous Owner: CARR JARED P

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 111801

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 16-32-226
  • Parcel: 16-32-226-029-0000
  • Lot: 7
  • Meridian: SEC 32 TWN 1N RNG 1E
  • Municipality: MILLCREEK
  • Latitude: 40.6959
  • Longitude: -111.857

    Address

  • Full Address: 1213 E Lorraine Dr
  • Address - House Number: 1213
  • Street Direction: E
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C023
  • 4-Digit Zip Code: 2510
  • Zip Code: 84106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,301
  • Tax Rate Code Area: ACP

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 579,440
  • High Value: 697,524
  • Low Value: 461,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 10, 2017
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Market Valuation

  • Market Total Value: $461,600
  • Market Land Value: $110,100
  • Market Improvement Value: $351,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,600
  • Assessed Land Value: $110,100
  • Assessed Improvements Value: $351,500

    Sales

  • Current Sale Contract Date: Oct 08, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Transaction ID: 1397691817
  • Current Sale Price: $281,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12633586
  • Previous Sale Recording Date: May 17, 2007
  • Previous Sale Contract Date: May 16, 2007
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 10, 2017
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 17, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $226,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Millcreek



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Frequently Asked Questions

What neighborhood is 1213 East Lorraine Drive located in?
The 1213 East Lorraine Drive is a located in the neighborhood of Millcreek in Millcreek, Salt Lake City.
What is the average sales price for listings in 1213 East Lorraine Drive?
The average sales price for units in 1213 East Lorraine Drive is $0 currently.

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