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5499 South Somerset Way

5499 South Somerset Way, Salt Lake City, UT 84117
Property in Murray
Sold Jun 01, 2021
$182,500
$384,000 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2053
Sold Nov 07, 2016
$373,900
$299,155 by Citywide Home Loans
Mortgage Due Dec 01, 2046
5499 South Somerset Way in Salt Lake City, UT was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. It is a single story home. There are a total of 13 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5499 South Somerset Way has 2,331 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,260 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 616 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5499 South Somerset Way sold most recently in May 25, 2021 for a total of $182,500. If you work out the math, that's approximately a cost of $58.20 per sqft. Before that, the property was also sold for $373,900 in Nov 4, 2016. 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 $3,114 in taxes each year. 5499 South Somerset Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $522,500. If we break it down further, the land itself was valued at $240,200. Improvements to the property, however, were assessed at a total of $282,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,260
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,136
  • Gross Building Area: 3,251
  • Building Area: 2,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 2,331
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHEVY CHASE
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 22 CHEVY CHASE NO 2 5478-1871 8340-3127 8490-368 10497-1127,1130 10497-1133

Ownership

  • Current Owner : AMENDOLA FRANCESCO
  • Previous Owner : AMENDOLA FRANCESCO
  • Previous Owner 2: AMENDOLA LISA
  • Owner Before Previous Owner: HICKMAN HAY EUGENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 111105

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 22-17-204
  • Parcel: 22-17-204-006-0000
  • Lot: 22
  • Meridian: SEC 17 TWN 3S RNG 1E
  • Municipality: MURRAY
  • Latitude: 40.6516
  • Longitude: -111.861

    Address

  • Full Address: 5499 S Somerset Way
  • Address - House Number: 5499
  • Street Direction: S
  • Address - Street Name: Somerset
  • Address - Suffix Type: Way
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C013
  • 4-Digit Zip Code: 7243
  • Zip Code: 84117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,114
  • Tax Rate Code Area: 21Y

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 687,527
  • High Value: 830,389
  • Low Value: 544,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2023
  • First Open Lien Mortgage Loan Amount: $384,000
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $522,500
  • Market Land Value: $240,200
  • Market Improvement Value: $282,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,500
  • Assessed Land Value: $240,200
  • Assessed Improvements Value: $282,300

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11838043403
  • Current Sale Price: $182,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 13678281
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Nov 04, 2016
  • Previous Sale Amount: $373,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY FIRST FCU
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $146,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: May 25, 2041

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CITYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Nov 07, 2016
  • Previous Mortgage Loan Amount: $299,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Murray



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Frequently Asked Questions

What neighborhood is 5499 South Somerset Way located in?
The 5499 South Somerset Way is a located in the neighborhood of Murray in Murray, Salt Lake City.
What is the average sales price for listings in 5499 South Somerset Way?
The average sales price for units in 5499 South Somerset Way is $0 currently.

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