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1455 South Richards Street

1455 South Richards Street, Salt Lake City, UT 84115
Multifamily in People's Freeway
1455 South Richards Street in Salt Lake City, UT was first built in 1931 and is 93 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 duplex style. It is a single story home. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 1455 South Richards Street has 3,217 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 1,617 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. There is 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. 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 average. 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 no 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, 1455 South Richards Street sold most recently in Aug 7, 2020 for a total of $533,400. If you work out the math, that's approximately a cost of $164.94 per sqft. Before that, the property was also sold for $323,400 in Jun 1, 2016. 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 $3,343 in taxes each year. 1455 South Richards Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $614,800. If we break it down further, the land itself was valued at $129,400. Improvements to the property, however, were assessed at a total of $485,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200615
06/15/2020
6 Bed
4 Bath
3234 ft²
$450,000
bedrooms
6 Bed
bathrooms
4 Bath
square feet
3234 ft²
$533,400 +18.53%
08/07/2020
Dana Walton

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 1,617
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,234
  • Gross Building Area: 3,312
  • Building Area: 3,217
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,217
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GABBOTTS ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: N 11.2 FT OF LOT 8 & ALL LOT 9 BLK 3 GABBOTTS ADD. 4833-874,0875 6458-2498 8427-1573 9091-5456 9270-0022 9685-6054 9694-7773 9709-0768 9720-3028 9750-9280 9771-5814 10438-131010438-1718

Ownership

  • Current Owner : BERGERA JORDAN E
  • Current Owner 2: NINOWSKI TIMOTHY J
  • Previous Owner : LARSEN JASON LEE
  • Previous Owner 2: LARSEN CARRIE JANE
  • Owner Before Previous Owner: DAVIS GORDON E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 102900

Zoning

  • Zoning: 1208

Geography

  • Assessors Map Reference: 15-13-234
  • Parcel: 15-13-234-003-0000
  • Block: 3
  • Lot: 8,9
  • Meridian: SEC 13 TWN 1N RNG 1W
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7379
  • Longitude: -111.892

    Address

  • Full Address: 1455 S Richards St
  • Address - House Number: 1455
  • Street Direction: S
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C005
  • 4-Digit Zip Code: 5345
  • Zip Code: 84115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,343
  • Tax Rate Code Area: 01V

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 756,947
  • High Value: 900,589
  • Low Value: 613,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $426,700
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $426,700
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $614,800
  • Market Land Value: $129,400
  • Market Improvement Value: $485,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,800
  • Assessed Land Value: $129,400
  • Assessed Improvements Value: $485,400

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11781417087
  • Current Sale Price: $533,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13354699
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $323,400
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $426,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: VERITAS FUNDING LLC
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Loan Amount: $319,113
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About People's Freeway



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Frequently Asked Questions

What neighborhood is 1455 South Richards Street located in?
The 1455 South Richards Street is a multifamily located in the neighborhood of People's Freeway in People's Freeway, Salt Lake City.
What is the average sales price for listings in 1455 South Richards Street?
The average sales price for units in 1455 South Richards Street is $450,000 , or $139/sqft. currently.

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