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6740 South Lazybar Circle

6740 South Lazybar Circle, Salt Lake City, UT 84121
Sold May 24, 2022
$672,500
$538,000 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Nov 24, 2015
$600,000
$480,000 by Reverse Mortgage Solutions Inc
Mortgage
6740 South Lazybar Circle has been categorized by the local assessors in Salt Lake City, UT as a residential type of property. The building on the property was first built in 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6740 South Lazybar Circle has 2,414 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,344 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jan 1, 1970 for $672,500. That's $208.08 per sqft. Prior to that sales transaction, the property was also sold in Nov 19, 2015 for $600,000. 6740 South Lazybar Circle was last assessed in 2023. The total value of the property was assessed at $614,600. Specifically, the land the property is located on was valued at $165,800. While improvements on the property were assessed at a total of $448,800. 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 $3,544. 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: 1961
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,344
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,232
  • Gross Building Area: 3,392
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAZY BAR SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 22, LAZY BAR SUB. 4606-1178 5210-0514, 4606-1176 5506-2014 5560-1997 10382-3741 10522-7816

Ownership

  • Current Owner : VIVAS DANIEL
  • Current Owner 2: VIVAS ADDISON MAE
  • Previous Owner : DAVID A AND BARBARA B LUSTY FAMILY TRUST
  • Owner Before Previous Owner: LUSTY DAVID A
  • Owner Before Previous Owner 2: LUSTY BARBARA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 111002

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 22-22-404
  • Parcel: 22-22-404-011-0000
  • Lot: 22
  • Meridian: SEC 22 TWN 3S RNG 1E
  • Municipality: COTTONWOOD HEIGHTS
  • Latitude: 40.6286
  • Longitude: -111.823

    Address

  • Full Address: 6740 S Lazy Bar Cir
  • Address - House Number: 6740
  • Street Direction: S
  • Address - Street Name: Lazy Bar
  • Address - Suffix Type: Cir
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C024
  • 4-Digit Zip Code: 3201
  • Zip Code: 84121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,544
  • Tax Rate Code Area: AAH

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 762,779
  • High Value: 917,880
  • Low Value: 607,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $538,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $538,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $614,600
  • Market Land Value: $165,800
  • Market Improvement Value: $448,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,600
  • Assessed Land Value: $165,800
  • Assessed Improvements Value: $448,800

    Sales

  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11889490339
  • Current Sale Price: $672,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13957544
  • Previous Sale Recording Date: Nov 24, 2015
  • Previous Sale Contract Date: Nov 19, 2015
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $538,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REVERSE MORTGAGE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Nov 24, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

About Cottonwood Heights



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Frequently Asked Questions

What neighborhood is 6740 South Lazybar Circle located in?
The 6740 South Lazybar Circle is a located in the neighborhood of Cottonwood Heights in Cottonwood Heights, Salt Lake City.
What is the average sales price for listings in 6740 South Lazybar Circle?
The average sales price for units in 6740 South Lazybar Circle is $0 currently.

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