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7404 South Balboa Drive

7404 South Balboa Drive, Midvale, UT 84047
Property in Salt Lake
Sold Sep 18, 2023
$696,920
$524,000 by University First Fcu
Mortgage Due Oct 01, 2053
Sold Mar 07, 2022
$332,500
$250,000 by Cyprus Federal Credit Union
Mortgage Due Mar 25, 2042
7404 South Balboa Drive has been categorized by the local assessors in Midvale, UT as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 10 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. The building has a total of 2 stories. In addition, 7404 South Balboa Drive has 2,802 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 833 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 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 567 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 stucco. 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. 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, 7404 South Balboa Drive sold most recently in Sep 18, 2023 for a total of $696,920. If you work out the math, that's approximately a cost of $204.86 per sqft. Before that, the property was also sold for $332,500 in Mar 1, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,655 in taxes each year. 7404 South Balboa Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $594,600. If we break it down further, the land itself was valued at $151,500. Improvements to the property, however, were assessed at a total of $443,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1998
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 833
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,402
  • Gross Building Area: 3,540
  • Building Area: 2,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,802
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UNION WOODS
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 61, UNION WOODS. 7513-1939 7802-2983 7949-1012 8542-36619285-6951 10278-0301 10612-2479

Ownership

  • Current Owner : STREETER JOSHUA
  • Current Owner 2: STREETER JAYME
  • Previous Owner : WONG FAMILY TRUST
  • Owner Before Previous Owner: WONG FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 112503

Zoning

  • Zoning: 1205

Geography

  • Assessors Map Reference: 22-30-408
  • Parcel: 22-30-408-001-0000
  • Lot: 61
  • Meridian: SEC 30 TWN 3S RNG 1E
  • Municipality: MIDVALE
  • Latitude: 40.6168
  • Longitude: -111.88

    Address

  • Full Address: 7404 S Balboa Dr
  • Address - House Number: 7404
  • Street Direction: S
  • Address - Street Name: Balboa
  • Address - Suffix Type: Dr
  • State: UT
  • City Name: Midvale
  • Carrier Code: C006
  • 4-Digit Zip Code: 2281
  • Zip Code: 84047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,655
  • Tax Rate Code Area: 30A

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 706,949
  • High Value: 832,010
  • Low Value: 581,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $524,000
  • First Open Lien Mortgage Lender: UNIVERSITY FIRST FCU
  • First Open Lien Mortgage Recording Date: Sep 18, 2023
  • First Open Lien Mortgage Loan Amount: $524,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $594,600
  • Market Land Value: $151,500
  • Market Improvement Value: $443,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,600
  • Assessed Land Value: $151,500
  • Assessed Improvements Value: $443,100

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 18, 2023
  • Current Sale Transaction ID: 11913803119
  • Current Sale Price: $696,920
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14153606
  • Previous Sale Recording Date: Mar 07, 2022
  • Previous Sale Contract Date: Mar 01, 2022
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY FIRST FCU
  • First Mortgage Transaction Date: Sep 18, 2023
  • First Mortgage Loan Amount: $524,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CYPRUS FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Mar 07, 2022
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Mar 25, 2042

About Midvale



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Frequently Asked Questions

What neighborhood is 7404 South Balboa Drive located in?
The 7404 South Balboa Drive is a located in the neighborhood of Salt Lake in Midvale, Midvale.
What is the average sales price for listings in 7404 South Balboa Drive?
The average sales price for units in 7404 South Balboa Drive is $0 currently.

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