Check Availability

360 East McMillan Lane

360 East McMillan Lane, Salt Lake City, UT 84107
Property in Murray
Sold Jun 28, 2022
Transfer
$315,250 by Ranlife Inc
Mortgage Due Mar 01, 2051
Sold Feb 04, 2021
$394,100
$315,250 by Ranlife Inc
Mortgage Due Mar 01, 2051
360 East McMillan Lane 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 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 2008. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 360 East McMillan Lane has 822 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage 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 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a patio. 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 D by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $394,100 in Feb 2, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,762 in taxes each year. 360 East McMillan Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $374,400. If we break it down further, the land itself was valued at $163,300. Improvements to the property, however, were assessed at a total of $211,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,062
  • Gross Building Area: 1,182
  • Building Area: 822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MURRAY HEIGHTS EAST ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 MURRAY HEIGHTS EAST ADD 5789-1570 5911-0661 06386-214910661-4793 11112-3433 11237-8463 11351-9925

Ownership

  • Current Owner : OLSEN GEOFFREY
  • Previous Owner : OLSEN FAMILY TRUST
  • Owner Before Previous Owner: WILKINSON NATHAN WOODRUFF
  • Owner Before Previous Owner 2: WILKINSON RAELEIGH SIOBHAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Murray School District
  • Census Tract: 112301

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 22-18-252
  • Parcel: 22-18-252-012-0000
  • Lot: 4
  • Meridian: SEC 18 TWN 3S RNG 1E
  • Municipality: MURRAY
  • Latitude: 40.6464
  • Longitude: -111.881

    Address

  • Full Address: 360 E Mcmillan Ln
  • Address - House Number: 360
  • Street Direction: E
  • Address - Street Name: Mcmillan
  • Address - Suffix Type: Ln
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C007
  • 4-Digit Zip Code: 6573
  • Zip Code: 84107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,762
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 522,794
  • High Value: 621,710
  • Low Value: 423,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $385,250
  • First Open Lien Mortgage Lender: RANLIFE INC
  • First Open Lien Mortgage Recording Date: Feb 04, 2021
  • First Open Lien Mortgage Loan Amount: $315,250
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: MOUNTAIN AMERICA FEDERAL CREDI
  • Second Open Lien Mortgage Recording Date: Jul 26, 2022
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $374,400
  • Market Land Value: $163,300
  • Market Improvement Value: $211,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,400
  • Assessed Land Value: $163,300
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Transaction ID: 11891686497
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13976677
  • Previous Sale Recording Date: Feb 04, 2021
  • Previous Sale Contract Date: Feb 02, 2021
  • Previous Sale Amount: $394,100
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: RANLIFE INC
  • Previous Mortgage Transaction Date: Feb 04, 2021
  • Previous Mortgage Loan Amount: $315,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Murray



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4276 S South Main St, Murray, UT, 84107

$2,100 /mo

  • 2 Beds
  • 2 Baths
4276 S South Main St #401, Murray, UT, 84107 Listing by Carl McGavin

Frequently Asked Questions

What neighborhood is 360 East McMillan Lane located in?
The 360 East McMillan Lane is a located in the neighborhood of Murray in Murray, Salt Lake City.
What is the average sales price for listings in 360 East McMillan Lane?
The average sales price for units in 360 East McMillan Lane is $0 currently.

Nearby Counties
Quantcast