Check Availability

7121 South Cherry Tree Lane

7121 South Cherry Tree Lane, Salt Lake City, UT 84121
Sold Jul 11, 2023
$266,000
$200,000 by Granite Federal Credit Union
Mortgage
Sold Aug 08, 2016
$281,300
$225,000 by Provident Funding Associates L
Mortgage Due Aug 01, 2031
7121 South Cherry Tree Lane 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 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 15 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 7121 South Cherry Tree Lane has 3,744 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 2,334 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 13,068 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 400 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 average. 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 Jul 11, 2023 for $266,000. That's $50.11 per sqft. Prior to that sales transaction, the property was also sold in Aug 8, 2016 for $281,300. 7121 South Cherry Tree Lane was last assessed in 2023. The total value of the property was assessed at $893,000. Specifically, the land the property is located on was valued at $149,900. While improvements on the property were assessed at a total of $743,100. 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 $5,150. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1964
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • 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: 2,334
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 5,308
  • Gross Building Area: 5,500
  • Building Area: 3,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHERRY TREE LANE SUB
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 CHERRY TREE LANE SUB 5753-2817 6099-0775 6141-2148 8897-3430 10461-5362

Ownership

  • Current Owner : BROWN JAMES E
  • Current Owner 2: BROWN VERNITA J
  • Previous Owner : JAMES E AND VERNITA J BROWN TRUST
  • Owner Before Previous Owner: BROWN JAMES E
  • Owner Before Previous Owner 2: BROWN VERNITA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 111202

Zoning

  • Zoning: 1108

Geography

  • Assessors Map Reference: 22-28-203
  • Parcel: 22-28-203-016-0000
  • Lot: 6
  • Meridian: SEC 28 TWN 3S RNG 1E
  • Municipality: COTTONWOOD HEIGHTS
  • Latitude: 40.6217
  • Longitude: -111.841

    Address

  • Full Address: 7121 S Cherry Tree Ln
  • Address - House Number: 7121
  • Street Direction: S
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Ln
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C030
  • 4-Digit Zip Code: 3606
  • Zip Code: 84121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,150
  • Tax Rate Code Area: AAH

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 875,492
  • High Value: 1,047,828
  • Low Value: 703,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: GRANITE FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $893,000
  • Market Land Value: $149,900
  • Market Improvement Value: $743,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $893,000
  • Assessed Land Value: $149,900
  • Assessed Improvements Value: $743,100

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909886549
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14127597
  • Previous Sale Recording Date: Aug 08, 2016
  • Previous Sale Contract Date: Aug 08, 2016
  • Previous Sale Amount: $281,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GRANITE FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Previous Mortgage Transaction Date: Aug 08, 2016
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2031

About Cottonwood Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7059 S Brookhill Dr, Cottonwood Heights, UT, 84121

$2,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,956 ft²
7059 S Brookhill Dr #7059 S Brookhill Dr, Cottonwood Heights, UT, 84121 Listing by Manager

Frequently Asked Questions

What neighborhood is 7121 South Cherry Tree Lane located in?
The 7121 South Cherry Tree Lane is a located in the neighborhood of Cottonwood Heights in Cottonwood Heights, Salt Lake City.
What is the average sales price for listings in 7121 South Cherry Tree Lane?
The average sales price for units in 7121 South Cherry Tree Lane is $0 currently.

Nearby Counties
Quantcast