See Home Value
$648,000 - $790,000
House - Off Market

2319 S LAKE ST

Salt Lake City, UT 84106
bedrooms
2 Beds
bathrooms
1 Bath
Sold Nov 03, 2020
Transfer
$465,000 by Deseret First Fcu
Mortgage
Sold Feb 25, 2020
$378,500
$302,824 by Lyla Fuller Trust
Mortgage

About This Property

3D virtual tours:   https://my.matterport.com/show/?m=e2ZKcfKLafv   https://my.matterport.com/show/?m=kbuoX3YyqPy   This newly updated property is ready for a new owner. This property is very unique in that it is actually two homes on one lot with a fence in the back yard that divides the two and also with two different streets for access. Updates to the property include new kitchen cabinets, quartz countertops, stainless steel appliances, completely remodeled bathrooms, LVP flooring throughout, mostly updated electrical and plumbing, new vinyl double pane windows, new fixtures and paint. Couple items to note are that both units are rented out to mid term tenants (typlically 3-6 month leases) and are advertised as such. The rents are much higher rents than traditional tenants (grossing a total of $4,229)! 2319 A: $2,150 + $94 garage rent = $2,244. This tenant is on a month to month lease. B: $1,980 Lease ends 6/1/24. Square footage figures are provided as a courtesy estimate only and were obtained from self measure/ previous listing. Buyer is advised to obtain an independent measurement. Also note that there is technically a third bedroom in the basement of 2319 A, but the basement is unfinished and needs updating.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,819
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Apr 11, 2024 Price Decreased $719,000
↓ $10K (1.4%)
Price Decreased
Apr 2, 2024 Listed $729,000
Listed
Mar 20, 2024 Price Increased $739,900
↑ $10K (1.4%)
Price Increased
Mar 7, 2024 Price Decreased $729,900
↓ $11K (1.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1988
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • 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: 820
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,420
  • Gross Building Area: 2,587
  • Building Area: 2,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST DALE
  • Land Acres: 0.18
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOTS 6 & 7 BLK 3 FOREST DALE OF BLK 44 10 AC PLAT A BF SUR 5921-1658 5948-1048 7531-743 8327-4376 8799-376 8857-6558 10261-1925 10261-1943 10901-0490

Ownership

  • Current Owner : STORM CAPITAL LLC
  • Previous Owner : 2319 LAKE STREET LLC
  • Owner Before Previous Owner: FULLER LYLA
  • Owner Before Previous Owner 2: LYLA FULLER TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 114100

Zoning

  • Zoning: 1105

Geography

  • Assessors Map Reference: 16-20-153
  • Parcel: 16-20-153-014-0000
  • Block: 3,44
  • Lot: 6,7
  • Meridian: SEC 20 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7203
  • Longitude: -111.869

    Address

  • Full Address: 2319 S Lake St
  • Address - House Number: 2319
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C002
  • 4-Digit Zip Code: 1815
  • Zip Code: 84106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,707
  • Tax Rate Code Area: 13

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: DESERET FIRST FCU
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $313,900
  • Market Land Value: $149,200
  • Market Improvement Value: $164,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,900
  • Assessed Land Value: $149,200
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11800765346
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13450100
  • Previous Sale Recording Date: Feb 25, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $378,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LYLA FULLER TRUST
  • Previous Mortgage Transaction Date: Feb 25, 2020
  • Previous Mortgage Loan Amount: $302,824
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
-
1,056 ft²
$775/ft²
$818,000 Feb 23, 2024
-
-
Multifamily
3 Beds
-
-
$729,000 Nov 7, 2023
-
$1,819/mo
House
3 Beds
1 Bath
-
$590,000 Mar 12, 2024
-
$185/mo

About Sugar House


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Frequently Asked Questions

When was property at 2319 South Lake Street built and last sold?
The property at 2319 South Lake Street was built in 1922 and last sold on Oct 28, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 2319 South Lake Street is $736,290.
What are some comparable homes to 2319 South Lake Street?
Homes that are comparable to 2319 South Lake Street include a multifamily property at 2625 South 700 East, a house property at 2319 South Lake Street, 2521 South Green Street.

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