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8916 South 1240 East

8916 South 1240 East, Sandy, UT 84094
Property in Salt Lake
Sold Apr 27, 2023
$638,067
$479,750 by New American Funding
Mortgage Due May 01, 2053
Sold Feb 24, 2016
$247,800
$244,489 by Citywide Home Loans
Mortgage Due Mar 01, 2046
8916 South 1240 East has been categorized by the local assessors in Sandy, UT as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 9 rooms. 4 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, 8916 South 1240 East has 2,142 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 575 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 16,553 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 475 sqft. 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 Apr 27, 2023 for $638,067. That's $291.09 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2016 for $247,800. 8916 South 1240 East was last assessed in 2023. The total value of the property was assessed at $454,500. Specifically, the land the property is located on was valued at $168,400. While improvements on the property were assessed at a total of $286,100. 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 $3,056. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 575
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 475
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,192
  • Gross Building Area: 2,360
  • Building Area: 2,142
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,142
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCHNEITER SUB
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 27, SCHNEITER SUB. 4490-834 5178-0931 5511-1988 8366-7497 10405-4608 11405-6793

Ownership

  • Current Owner : COOPER ALEXANDER
  • Previous Owner : CLOWARD AARON W
  • Owner Before Previous Owner: JOHNSON KATHRYN E
  • Owner Before Previous Owner 2: JOHNSON CURTIS E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Canyons School District
  • Census Tract: 112612

Zoning

  • Zoning: 4110

Geography

  • Assessors Map Reference: 28-05-279
  • Parcel: 28-05-279-005-0000
  • Lot: 27
  • Meridian: SEC 05 TWN 3S RNG 1E
  • Municipality: SALT LAKE COUNTY
  • Latitude: 40.5895
  • Longitude: -111.854

    Address

  • Full Address: 8916 S 1240 E
  • Address - House Number: 8916
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 1240
  • State: UT
  • City Name: Sandy
  • Carrier Code: C017
  • 4-Digit Zip Code: 1906
  • Zip Code: 84094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,056
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 607,766
  • High Value: 732,576
  • Low Value: 482,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,750
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: Apr 27, 2023
  • First Open Lien Mortgage Loan Amount: $479,750
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $454,500
  • Market Land Value: $168,400
  • Market Improvement Value: $286,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,500
  • Assessed Land Value: $168,400
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Transaction ID: 11906210967
  • Current Sale Price: $638,067
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14098885
  • Previous Sale Recording Date: Feb 24, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $247,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Apr 27, 2023
  • First Mortgage Loan Amount: $479,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CITYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Feb 24, 2016
  • Previous Mortgage Loan Amount: $244,489
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2046

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Frequently Asked Questions

What neighborhood is 8916 South 1240 East located in?
The 8916 South 1240 East is a located in the neighborhood of Salt Lake in Sandy, Sandy.
What is the average sales price for listings in 8916 South 1240 East?
The average sales price for units in 8916 South 1240 East is $0 currently.

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