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5406 South Knollcrest Street

5406 South Knollcrest Street, Salt Lake City, UT 84107
Property in Murray
Sold Sep 29, 2021
$1,050,000
$840,000 by Finance Of America Mortgage Ll
Mortgage Due Feb 14, 2100
Sold Jun 03, 2016
$291,600
$287,693 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2046
Local assessors in Salt Lake City, UT have categorized 5406 South Knollcrest Street as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 14,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5406 South Knollcrest Street has a total of 2,903 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,075 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 attached garage for those who need a place to park their vehicle. The garage on the property is 378 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. The building has a roof that is made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5406 South Knollcrest Street sold most recently in Sep 24, 2021 for a total of $1,050,000. If you work out the math, that's approximately a cost of $312.87 per sqft. Before that, the property was also sold for $291,600 in May 28, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $548 in taxes each year. The initial year of tax delinquency occurred in 2021. 5406 South Knollcrest Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $489,300. If we break it down further, the land itself was valued at $186,900. Improvements to the property, however, were assessed at a total of $302,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,075
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 3,356
  • Gross Building Area: 3,444
  • Building Area: 2,903
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALPINE GARDENS
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 40 AMD ALPINE GARDENS 9328-6918 9328-6920 9821-8308 10438-3020

Ownership

  • Current Owner : CLARK CHARLES D
  • Current Owner 2: CLARK ANNA
  • Previous Owner : CLARK CHARLES D
  • Owner Before Previous Owner: BREMER JONATHAN SETH
  • Owner Before Previous Owner 2: BREMER BRITTANY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 1108

Geography

  • Parcel: 22-07-452-018-0000
  • Lot: 40
  • Meridian: SEC 07 TWN 3S RNG 1E
  • Municipality: MURRAY
  • Latitude: 40.6535
  • Longitude: -111.881

    Address

  • Full Address: 5406 S Knollcrest St
  • Address - House Number: 5406
  • Street Direction: S
  • Address - Street Name: Knollcrest
  • Address - Suffix Type: St
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C003
  • 4-Digit Zip Code: 6209
  • Zip Code: 84107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 73
  • Final Value: 653,320
  • High Value: 783,739
  • Low Value: 522,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $840,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $840,000
  • First Open Lien Mortgage Term: 940
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Feb 14, 2100

    Market Valuation

  • Market Total Value: $489,300
  • Market Land Value: $186,900
  • Market Improvement Value: $302,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $489,300
  • Assessed Land Value: $186,900
  • Assessed Improvements Value: $302,400

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11858953021
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 13785585
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Contract Date: May 28, 2016
  • Previous Sale Amount: $291,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 940
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Feb 14, 2100

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Jun 03, 2016
  • Previous Mortgage Loan Amount: $287,693
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 5406 South Knollcrest Street located in?
The 5406 South Knollcrest Street is a located in the neighborhood of Murray in Murray, Salt Lake City.
What is the average sales price for listings in 5406 South Knollcrest Street?
The average sales price for units in 5406 South Knollcrest Street is $0 currently.

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