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1505 South 1600 East

1505 South 1600 East, Salt Lake City, UT 84105
Property in Wasatch Hollow
Sold May 18, 2021
$960,600
$768,500 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2051
Sold Jul 17, 2006
$495,000
$396,000 by Aegis Funding Corp
Mortgage Due Aug 01, 2036
1505 South 1600 East in Salt Lake City, UT was first built in 1934 and is 90 years old. Although, the building on the property was most recently renovated and altered in 2005. 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 14 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1505 South 1600 East has 3,241 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 1,411 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. 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 440 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 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. The property was last sold in May 18, 2021 for $960,600. That's $259.48 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2006 for $495,000. 1505 South 1600 East was last assessed in 2023. The total value of the property was assessed at $962,100. Specifically, the land the property is located on was valued at $208,600. While improvements on the property were assessed at a total of $753,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,231. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 8
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 1,411
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,702
  • Gross Building Area: 3,734
  • Building Area: 3,241
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,241
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: W 70 FT OF LOTS 20 THRU 23, BLK 2, UNIVERSITY HEIGHTS SECONDADD. 4455-1497 4748-1333,1334 7457-0324 8287-5316 9125-3187 9322-9876 10032-9460

Ownership

  • Current Owner : HALE MARGARET S
  • Current Owner 2: HALE JONATHAN
  • Previous Owner : SOULES J MELANIE
  • Owner Before Previous Owner: KIRK SHAWN K
  • Owner Before Previous Owner 2: KIRK JOY L
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: 1105

Geography

  • Assessors Map Reference: 16-16-137
  • Parcel: 16-16-137-001-0000
  • Block: 2
  • Lot: 20-23
  • Meridian: SEC 16 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7369
  • Longitude: -111.845

    Address

  • Full Address: 1505 S 1600 E
  • Address - House Number: 1505
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 1600
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C022
  • 4-Digit Zip Code: 2813
  • Zip Code: 84105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,231
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,091,654
  • High Value: 1,321,916
  • Low Value: 861,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $768,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $768,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $962,100
  • Market Land Value: $208,600
  • Market Improvement Value: $753,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $962,100
  • Assessed Land Value: $208,600
  • Assessed Improvements Value: $753,500

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11836894457
  • Current Sale Price: $960,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 13666608
  • Previous Sale Recording Date: Jul 17, 2006
  • Previous Sale Contract Date: Jul 13, 2006
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $768,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS FUNDING CORP
  • Previous Mortgage Transaction Date: Jul 17, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Wasatch Hollow



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Frequently Asked Questions

What neighborhood is 1505 South 1600 East located in?
The 1505 South 1600 East is a located in the neighborhood of Wasatch Hollow in Wasatch Hollow, Salt Lake City.
What is the average sales price for listings in 1505 South 1600 East?
The average sales price for units in 1505 South 1600 East is $0 currently.

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