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3507 South Plaza Way

3507 South Plaza Way, Salt Lake City, UT 84109
1 Units For Sale
Unit for sale at 3507 S Plaza Way, Salt Lake City, UT 84109

$850,000

  • Loft
  • 3.5 Baths
  • 2,700 ft²
3507 S Plaza Way, Salt Lake City, UT 84109 Listing by David Lawson

3507 South Plaza Way has been categorized by the local assessors in Salt Lake City, UT as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3507 South Plaza Way has 1,691 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,261 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of steel. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3507 South Plaza Way was last sold in Nov 16, 2023 for $883,120. According to our calculations, that's $320.78 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Nov 22, 2021. Current property owners are expected to pay $3,523 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3507 South Plaza Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $544,500. To break that down further, the land itself was valued at $231,000. While improvements to the property were assessed at a total of $313,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

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
20191104
11/04/2019
5 Bed
4 Bath
2700 ft²
$737,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
2700 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Steel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,261
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,753
  • Gross Building Area: 2,825
  • Building Area: 1,691
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,691
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRACE VIEW SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 53 TERRACE VIEW SUB NO 2 6056-2221 . 9036-0687 8559-52499164-3678 10111-6671 10729-3536 10739-4454 10905-4713 11034-5181 11254-8516 11255-9726

Ownership

  • Current Owner : CRAIG ANDRES
  • Previous Owner : MATHIS STAN
  • Owner Before Previous Owner: MATHIS HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 110500

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 16-35-226
  • Parcel: 16-35-226-007-0000
  • Lot: 53
  • Meridian: SEC 35 TWN 1N RNG 1E
  • Municipality: MILLCREEK
  • Latitude: 40.6951
  • Longitude: -111.8

    Address

  • Full Address: 3507 S Plaza Way
  • Address - House Number: 3507
  • Street Direction: S
  • Address - Street Name: Plaza
  • Address - Suffix Type: Way
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C019
  • 4-Digit Zip Code: 4126
  • Zip Code: 84109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,523
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: ACP

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 673,048
  • High Value: 809,537
  • Low Value: 536,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $664,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Nov 16, 2023
  • First Open Lien Mortgage Loan Amount: $664,000
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $544,500
  • Market Land Value: $231,000
  • Market Improvement Value: $313,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $544,500
  • Assessed Land Value: $231,000
  • Assessed Improvements Value: $313,500

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Transaction ID: 11917041235
  • Current Sale Price: $883,120
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14175772
  • Previous Sale Recording Date: Nov 24, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Nov 16, 2023
  • First Mortgage Loan Amount: $664,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GOLDENWEST FCU
  • Previous Mortgage Transaction Date: Nov 24, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About East Millcreek



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Frequently Asked Questions

What neighborhood is 3507 South Plaza Way located in?
The 3507 South Plaza Way is a house located in the neighborhood of East Millcreek in East Millcreek, Salt Lake City.
How many listings are currently for sale in 3507 South Plaza Way?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 3507 South Plaza Way?
The average sales price for units in 3507 South Plaza Way is $850,000 , or $315/sqft. currently.

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