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6290 South Madrid Street

6290 South Madrid Street, Salt Lake City, UT 84121
Property in Murray
Sold May 26, 2016
$325,000
$260,000 by United Security Financial Corp
Mortgage Due Jun 01, 2031
Sold Nov 20, 2002
$125,000
$100,000 by Wells Fargo Home Mtg Inc
Mortgage Due Dec 01, 2017
6290 South Madrid Street in Salt Lake City, UT was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 12 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. 6290 South Madrid Street has 2,905 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 1,120 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 436 square feet.

Learn more about the property and building on this page. There is a unknown. 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 garage. The garage is 1,120 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 good. 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 a central heating system and being fueled with coal. 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. The property was last sold in May 20, 2016 for $325,000. That's $109.80 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2002 for $125,000. 6290 South Madrid Street was last assessed in 2023. The total value of the property was assessed at $436,800. Specifically, the land the property is located on was valued at $131,000. While improvements on the property were assessed at a total of $305,800. 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 $2,486. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1973
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,120
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 1,120
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 436
  • Total Building Area: 2,960
  • Gross Building Area: 2,960
  • Building Area: 2,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,905
  • Heating Fuel Type: Coal

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTE CRISTO CONDO
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT D-28, MONTE CRISTO CONDO PH 3. 1.4802 PER CENT IN 4495-0884 5613-2722 6187-2196 6218-2914,2915 8687-5128 8687-5148 10376-8693

Ownership

  • Current Owner : BHAYANI CHANDRA KIRAN
  • Current Owner 2: BHAYANI KIRANKUMAR LILACHAND
  • Previous Owner : BHAYANI KIRANKUMAR LILACHAND
  • Previous Owner 2: BHAYANI CHANDRA KIRAN
  • Owner Before Previous Owner: BHAYANI CHANDRA K
  • Owner Before Previous Owner 2: BHAYANI KIRAN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Granite School District
  • Census Tract: 111108

Zoning

  • Zoning: 8205

Geography

  • Assessors Map Reference: 22-21-229
  • Parcel: 22-21-229-008-0000
  • Meridian: SEC 21 TWN 3S RNG 1E
  • Municipality: MURRAY
  • Latitude: 40.637
  • Longitude: -111.837

    Address

  • Full Address: 6290 S Madrid St
  • Legal Unit: D-28
  • Address - House Number: 6290
  • Street Direction: S
  • Address - Street Name: Madrid
  • Address - Suffix Type: St
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C007
  • 4-Digit Zip Code: 2110
  • Zip Code: 84121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,486
  • Tax Rate Code Area: 21Z

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 561,727
  • High Value: 672,300
  • Low Value: 451,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: UNITED SECURITY FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 26, 2016
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031

    Market Valuation

  • Market Total Value: $436,800
  • Market Land Value: $131,000
  • Market Improvement Value: $305,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,800
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $305,800

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 26, 2016
  • Current Sale Transaction ID: 1633561567
  • Current Sale Price: $325,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 12287857
  • Previous Sale Recording Date: Nov 20, 2002
  • Previous Sale Contract Date: Nov 15, 2002
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNITED SECURITY FINANCIAL CORP
  • First Mortgage Transaction Date: May 26, 2016
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Nov 20, 2002
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2017

About Murray



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Frequently Asked Questions

What neighborhood is 6290 South Madrid Street located in?
The 6290 South Madrid Street is a located in the neighborhood of Murray in Murray, Salt Lake City.
What is the average sales price for listings in 6290 South Madrid Street?
The average sales price for units in 6290 South Madrid Street is $0 currently.

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