See Home Value
$2,754,611*
House - Off Market

5478 S MERLYN DR

Salt Lake City, UT 84117
bedrooms
5 Beds
bathrooms
2.5 Baths, 1 Half Bath
$2,475,000 - $3,025,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Jul 21, 2023
$2,793,000
$2,100,000 by First-citizens Bank & Trust Co
Mortgage Due Aug 01, 2053
Sold Dec 21, 2020
$1,187,500
$950,000 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051

About This Property

Open Saturday 5/27 from 12-3pm. Stunning Cottonwood Club Transitional Rambler on a spectacular half acre landscaped to perfection! Bluestone entry, European sculpted oak hardwood floors, tall solid doors, custom lighting, stunning cabinets and an impressive gourmet kitchen with a huge hidden walk-in pantry.  Yes, this home is a rare find! Main floor living at its best with 2 gorgeous suites, floor to ceiling windows and a huge covered deck and patio overlooking a remarkable private, mature and lush backyard, perfect for entertaining!  The light and open walk-out lower level offers three additional bedrooms, two baths, fitness room, a bright and open family room, and kitchenette. Control 4 Smart home with electric shades, surround sound throughout the entire home, Google Fiber, and more storage than you'll know what to do with. This home is truly one of Salt Lake's most pristine locations.  You won't want to miss this one! Square footage provided as a courtesy only. Buyer is advised to obtain an independent measurement and to verify all information. Primary bedroom light and office chandelier are excluded.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$7,967
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold to Nelson $2,793,000
Sold to Nelson
Jun 7, 2023 No longer available -
No longer available
May 23, 2023 Listed $2,750,000
Listed
Dec 21, 2020 Sold to Brad Michael Reedy, Michell... $1,187,500
Sold to Brad Michael Reedy, Michell...

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,552
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 1,342
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 6,446
  • Gross Building Area: 6,771
  • Building Area: 4,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD SUB
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 321 LAKEWOOD SUB NO 3 6304-833 10398-5008,5011 10398-5014 10549-6883 10549-6900 10629-7116

Ownership

  • Current Owner : NELSON FAMILY TRUST
  • Current Owner 2: NELSON
  • Previous Owner : BRAD AND MICHELLE REEDY FAMILY TRUST
  • Owner Before Previous Owner: REEDY BRAD M
  • Owner Before Previous Owner 2: REEDY TAGGART
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 111107

Zoning

  • Zoning: 1122

Geography

  • Assessors Map Reference: 22-16-205
  • Parcel: 22-16-205-009-0000
  • Lot: 321
  • Meridian: SEC 16 TWN 3S RNG 1E
  • Municipality: HOLLADAY
  • Latitude: 40.6516
  • Longitude: -111.839

    Address

  • Full Address: 5478 S Merlyn Dr
  • Address - House Number: 5478
  • Street Direction: S
  • Address - Street Name: Merlyn
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C017
  • 4-Digit Zip Code: 7528
  • Zip Code: 84117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,107
  • Tax Rate Code Area: 82

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,559,393
  • High Value: 1,801,020
  • Low Value: 1,317,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,100,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $1,429,900
  • Market Land Value: $472,300
  • Market Improvement Value: $957,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,429,900
  • Assessed Land Value: $472,300
  • Assessed Improvements Value: $957,600

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Transaction ID: 11910410177
  • Current Sale Price: $2,793,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14131723
  • Previous Sale Recording Date: Dec 21, 2020
  • Previous Sale Contract Date: Dec 16, 2020
  • Previous Sale Amount: $1,187,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 21, 2023
  • First Mortgage Loan Amount: $2,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 21, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holladay


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$2,950 /mo

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7059 S Brookhill Dr #7059 S Brookhill Dr, Cottonwood Heights, UT, 84121 Listing by Manager


Frequently Asked Questions

When was property at 5478 South Merlyn Drive built and last sold?
The property at 5478 South Merlyn Drive was built in 2017 and last sold on Jul 21, 2023 for $2,793,000.
How much is this home worth?
The estimated value of the home located at 5478 South Merlyn Drive is $2,777,500.
What are some comparable homes to 5478 South Merlyn Drive?
There are currently no comparable homes to 5478 South Merlyn Drive.

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