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2494 South 500 East

2494 South 500 East, Salt Lake City, UT 84106
Sold Mar 07, 2016
$232,600
$237,590 by Direct Mortgage Corp
Mortgage Due Apr 01, 2046
Sold Mar 07, 2016
$232,600
$237,590 by Direct Mortgage Corp
Mortgage Due Apr 01, 2046
2494 South 500 East in Salt Lake City, UT was first built in 1922 and is 102 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 12 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2494 South 500 East has 2,223 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 1,170 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 9,583 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. For those who need parking, there is a garage. The garage is 528 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 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 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, 2494 South 500 East was last sold in Mar 1, 2016 for $232,600. According to our calculations, that's $99.40 per sqft. Prior to that sales transaction, the property was sold for $232,600 in Mar 1, 2016. Current property owners are expected to pay $2,590 in taxes per year. The property on 2494 South 500 East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $476,300. To break that down further, the land itself was valued at $153,500. While improvements to the property were assessed at a total of $322,800. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1922
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • 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: 1,170
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,340
  • Gross Building Area: 2,484
  • Building Area: 2,223
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,223
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BIG FIELD SUR
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG N 114.93 FT & N 114.93 FT FR SE COR OF LOT 15, BLK 42, 10 AC PLAT A, BIG FIELD SUR; W 136 FT; S 72 FT; E 136 FT; N 72 FT TO BEG. 0.22 AC. 5624-2828 7746-1109 8450-4539 9048-8341 10409-1294

Ownership

  • Current Owner : POWELL JEREMY BRIAN
  • Current Owner 2: POWELL NATALIE STRONG
  • Previous Owner : POWELL JEREMY
  • Owner Before Previous Owner: POWELL JEREMEY BRIAN
  • Owner Before Previous Owner 2: POWELL JEREMY BRIAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 111400

Zoning

  • Zoning: 1210

Geography

  • Assessors Map Reference: 16-19-406
  • Parcel: 16-19-406-031-0000
  • Block: 42,10
  • Lot: 15
  • Meridian: SEC 19 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7165
  • Longitude: -111.877

    Address

  • Full Address: 2494 S 500 E
  • Address - House Number: 2494
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 500
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C005
  • 4-Digit Zip Code: 1314
  • Zip Code: 84106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,590
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 591,972
  • High Value: 699,462
  • Low Value: 484,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,590
  • First Open Lien Mortgage Lender: DIRECT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 07, 2016
  • First Open Lien Mortgage Loan Amount: $237,590
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $476,300
  • Market Land Value: $153,500
  • Market Improvement Value: $322,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,300
  • Assessed Land Value: $153,500
  • Assessed Improvements Value: $322,800

    Sales

  • Current Sale Contract Date: Mar 01, 2016
  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Transaction ID: 1473529111
  • Current Sale Price: $232,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 12235699
  • Previous Sale Recording Date: Mar 07, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $232,600
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECT MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 07, 2016
  • First Mortgage Loan Amount: $237,590
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: DIRECT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 07, 2016
  • Previous Mortgage Loan Amount: $237,590
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About South Salt Lake City



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Frequently Asked Questions

What neighborhood is 2494 South 500 East located in?
The 2494 South 500 East is a located in the neighborhood of South Salt Lake City in South Salt Lake City, Salt Lake City.
What is the average sales price for listings in 2494 South 500 East?
The average sales price for units in 2494 South 500 East is $0 currently.

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