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4574 South 700 East

4574 South 700 East, Salt Lake City, UT 84107
Property in Millcreek
Sold Oct 12, 2021
Transfer
$3,030,000 by Mountain America Federal Credi
Mortgage
Sold Mar 16, 2021
$391,400
$313,115 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2051
Local assessors in Salt Lake City, UT have categorized 4574 South 700 East as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 18,295 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 32 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 16 full bathrooms. There are also 24 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4574 South 700 East has a total of 8,892 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 4574 South 700 East is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 2,268 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. Prior to that sales transaction, the property was also sold in Mar 11, 2021 for $391,400. 4574 South 700 East was last assessed in 2023. The total value of the property was assessed at $2,539,400. Specifically, the land the property is located on was valued at $514,000. While improvements on the property were assessed at a total of $2,025,400. 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 $12,687. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1979
  • Effective Year Built: 1996
  • Building Count: 4
  • Bedroom Count: 32
  • Bathroom Count: 24
  • Full Bathrooms: 16
  • Partial Bathrooms: 24
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Carport
  • Garage Square Area: 2,268
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 8,892
  • Gross Building Area: 8,892
  • Building Area: 8,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 8,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: MURRAY MEADOWS PROP
  • Land Acres: 0.42
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: BEG S 1067.92 FT & W 46.23 FT FR W 1/4 COR OF SEC 5, T 2S, R1E, S L M; S 95.93 FT; E 189.17 FT; N 95.93 FT; W 189.17 FT TO BEG. 0.42 AC M OR L. 5746-1428 9603-306 10410-2130 11137-7660

Ownership

  • Current Owner : MURRAY VILLAGE LLC
  • Previous Owner : BUSTOS WILLIAM A
  • Owner Before Previous Owner: MURRAY VILLAGE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Murray School District
  • Census Tract: 111905

Zoning

  • Zoning: RM15

Geography

  • Assessors Map Reference: 22-06-478
  • Parcel: 22-06-478-023-0000
  • Meridian: SEC 05 TWN 02S RNG 01E
  • Municipality: MURRAY
  • Latitude: 40.6719
  • Longitude: -111.872

    Address

  • Full Address: 4574 S 700 E
  • Address - House Number: 4574
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 700
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C009
  • 4-Digit Zip Code: 4181
  • Zip Code: 84107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,687
  • Tax Rate Code Area: 21D

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,030,000
  • First Open Lien Mortgage Lender: MOUNTAIN AMERICA FEDERAL CREDI
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Loan Amount: $3,030,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,539,400
  • Market Land Value: $514,000
  • Market Improvement Value: $2,025,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,539,400
  • Assessed Land Value: $514,000
  • Assessed Improvements Value: $2,025,400

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11860221344
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13795564
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $391,400
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Mar 16, 2021
  • Previous Mortgage Loan Amount: $313,115
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Millcreek



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Frequently Asked Questions

What neighborhood is 4574 South 700 East located in?
The 4574 South 700 East is a located in the neighborhood of Millcreek in Millcreek, Salt Lake City.
What is the average sales price for listings in 4574 South 700 East?
The average sales price for units in 4574 South 700 East is $0 currently.

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