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1322 South Penn Street

1322 South Penn Street, Salt Lake City, UT 84105
Property in Wasatch Hollow
Sold Jun 11, 2015
$521,300
$417,000 by Academy Mortgage Corp
Mortgage Due Jul 01, 2030
Sold Mar 16, 2001
Transfer
1322 South Penn Street in Salt Lake City, UT was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1322 South Penn Street has 2,650 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 728 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 6,534 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 garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1322 South Penn Street was last sold in Jun 10, 2015 for $521,300. According to our calculations, that's $191.44 per sqft. Current property owners are expected to pay $4,828 in taxes per year. The property on 1322 South Penn Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $887,900. To break that down further, the land itself was valued at $202,300. While improvements to the property were assessed at a total of $685,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 728
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,723
  • Gross Building Area: 2,723
  • Building Area: 2,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHANNONS ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 7 & 8 BLK 2 SHANNONS ADD TOGETHER WITH 1/2 VACATED ALLEY ABUTTING ON W 5623-1226 5627-1420 6205-1119 6248-0168 6554-2893 8435-2404

Ownership

  • Current Owner : MYERS KENNETH E
  • Current Owner 2: MYERS JACALYN HALLE
  • Previous Owner : MUNSON EDWARD R
  • Previous Owner 2: MUNSON CHRISTINE
  • Owner Before Previous Owner: DELAMARE WILFORD KIMBALL
  • Owner Before Previous Owner 2: DELAMARE LISA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 103700

Zoning

  • Zoning: 1105

Geography

  • Assessors Map Reference: 16-09-381
  • Parcel: 16-09-381-010-0000
  • Block: 2
  • Lot: 7,8
  • Meridian: SEC 09 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7411
  • Longitude: -111.844

    Address

  • Full Address: 1322 S Penn St
  • Address - House Number: 1322
  • Street Direction: S
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C009
  • 4-Digit Zip Code: 2714
  • Zip Code: 84105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,828
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,104,673
  • High Value: 1,336,556
  • Low Value: 872,789

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 11, 2015
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2030

    Market Valuation

  • Market Total Value: $887,900
  • Market Land Value: $202,300
  • Market Improvement Value: $685,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $887,900
  • Assessed Land Value: $202,300
  • Assessed Improvements Value: $685,600

    Sales

  • Current Sale Contract Date: Jun 10, 2015
  • Current Sale Recording Date: Jun 11, 2015
  • Current Sale Transaction ID: 1215077418
  • Current Sale Price: $521,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12068841
  • Previous Sale Recording Date: Mar 16, 2001
  • Previous Sale Contract Date: Mar 15, 2001
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 11, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2030

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Frequently Asked Questions

What neighborhood is 1322 South Penn Street located in?
The 1322 South Penn Street is a located in the neighborhood of Wasatch Hollow in Wasatch Hollow, Salt Lake City.
What is the average sales price for listings in 1322 South Penn Street?
The average sales price for units in 1322 South Penn Street is $0 currently.

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