2 months on rocket

240 N Spencer Ct, Salt Lake City, UT, 84103

$4,400,000

30 Bedrooms
22 Baths
13,631 SqFt
$323/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingParking: Uncovered
Year Built1916
MLS #2029023
Lot Size0.58 Acres
StatusActive

About 240 N Spencer Ct

Introducing Spencer Court Apartments, a prime 22 unit multi-family property located in the sought-after Avenues area of Salt Lake City. Built in the early 20th century, this property consists of six buildings comprising of 6 units (234 E), 4 units (240 E) 3 units (224 E), 4 units (226 E), 3 units (230 E), and 2 units (232 E). This property is located near City Creek Center, University of Utah, and Memory Grove Park making it a highly desirable area for rental growth. Value add opportunity. Measurements are provided as a courtesy only. Buyer is advised to obtain independent measurement.

Property Details

Property Features

Property Information:

  • Architectural Style: Other/See Remarks
  • Year Built: 1916
  • Stories: 0
  • Living Area: 13,631 SqFt

Listing Office:

  • Office Name: Investment Realty Advisors LLC
  • Office Phone: (435) 485-7070
  • Listing Agent: Cory Waddoups

Interior Features

Interior Information:

  • Flooring Type: Hardwood, Tile, Concrete

Bedroom and Bathroom Information:

  • Total Bedroom Count: 30

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.58 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,400,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $4,134
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salt Lake City, UT.

Med. List Price

$596.9K

Med. Price/SqFt

$326

Avg. Days On Market

81

240 N Spencer Ct vs Salt Lake City

64 DAYS ON ROCKET

-17 Days

$4,400,000

+$3.8M More

$323/SqFt

-$4 Less

KEY TAKEAWAY

This property is $3.8M more than the Median List Price and $4/SqFt less than other homes in Salt Lake City, UT.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2029023

Listing Office:

  • Office Name: Investment Realty Advisors LLC
  • Office Phone: (435) 485-7070
  • Listing Agent: Cory Waddoups

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,134$604,800
2020$4,134$338,140
2019$1,660$204,270
2017$1,743$222,500

History based on county public records data.

Payment Calculator

$22K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4350709
8
/10
  • Ensign School

  • 775 E 12th Ave

  • 1.14 miles

  • Public District Grades PK-6

school-card-donut-4350710
3
/10
  • Mary W. Jackson School

  • 750 W 200 N

  • 1.45 miles

  • Public District Grades PK-6

school-card-donut-4350711
9
/10
  • Wasatch School

  • 30 R St

  • 1.47 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,459. Residents of Salt Lake City, UT typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesUtahSalt Lake CountySalt Lake City84103240 N Spencer Ct

This home is located at 240 N Spencer Ct in Salt Lake City, UT and zip code 84103 in the Canyon Road / West Avenues neighborhood. This 13,631 square foot home, which was built in 1916, sits on a 0.58 acre lot. Features: 30 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $4,400,000.

Between October 2024 and November 2024, Salt Lake City, UT real estate market has seen increase in the number of listings by 26.9%. Listings spent 81 days on the market in November 2024, and had a median list price of $596,987 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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