19 days on rocket

341 W Reed Ave, Salt Lake City, UT, 84103

$600,000

Home List Price

$7,125*

Closing Credit

3 Bedrooms
3 Full Baths
1,768 SqFt
$339/SqFt
House
Schools Nearby

Location

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341 W Reed Ave, Salt Lake City$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingSecured
Garage2 spaces
Year Built1893
ViewMountain(s)
MLS #1997773
Lot Size0.11 Acres
StatusActive

About 341 W Reed Ave

Opportunity Knocks With This Outstanding Home In Heart Of SLC Marmalade District. The Mixed-Use Zoning Is Key. This Home Was Operating As A Triplex, But Can Be Converted Back To Single Family Residence (SFR) If Desired. Perfect For An Investor Or Owner Occupant With A Vision For Rehabilitation. Pricing Reflects Current Condition. 'After Repair Value' For Single Family Residence Is Approximately $830K. MU Zoning Allows Permitted/Conditional Uses For: Commercial, Retail, Office, Multifamily, SFR, Restaurant, Hotel, Motel, Bar, Brew Pub, Tavern And More. (MU Zoning Table Of 'Permitted Uses', And ARV Comparables Attached). [Square Footage Figures Are Provided As A Courtesy Estimate Only And Were Obtained From County Records. Buyer Is Advised To Obtain An Independent Measurement.]

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1893
  • Stories: 2
  • Living Area: 1,768 SqFt

Listing Office:

  • Office Name: Pristine Property of the West LLC
  • Office Phone: (801) 750-2216
  • Listing Agent: Jessica R VanTassell

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Hardwood, Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Patio: Covered, Secured Parking, Patio: Open

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Secured

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • West High School, Public District Grades 7-12
  • Bryant Middle School, Public District Grades 7-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $1,722
  • Tax Year: 2021
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Housing Market Comparison

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

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Salt Lake City, UT

City

Med. List Price

$625.9K

Med. Price/SqFt

$335

Avg. Days On Market

59

341 W Reed Ave vs Salt Lake City

19 DAYS ON ROCKET

-40 Days

$600,000

-$25.9K Less

$339/SqFt

+$3 More

KEY TAKEAWAY

This property is $25.9K less than the Median List Price and $3/SqFt more than other homes in Salt Lake City, UT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1997773

Listing Office:

  • Office Name: Pristine Property of the West LLC
  • Office Phone: (801) 750-2216
  • Listing Agent: Jessica R VanTassell

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: 5/29/2024, 5:20:34 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$1,722$276,800
2020$1,722$140,855
2019$1,112$130,735
2017$1,192$152,100

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Middle School

school-card-donut-4210475
3
/10

  • Bryant Middle School

  • 40 S 800 E

  • 2.11 miles

  • Public District Grades 7-8

High School

school-card-donut-4210476
5
/10

  • West High School

  • 241 N 300 W

  • 0.75 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,326. The majority of Salt Lake City, UT residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 341 W Reed Ave

What is the listing price of this property?

The listing price of 341 W Reed Ave property is $600,000.

What type of property is this?

The property 341 W Reed Ave is a house located in Salt Lake City, Utah, 84103.

Is this property for sale now?

Active Listing: 341 W Reed Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 341 W Reed Ave are:
Bryant Middle School: GreatSchools Rating 3/10
West High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,722 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 341 W Reed Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 341 W Reed Ave is 1,768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 341 W Reed Ave is 1893.

Rocket Homes›Utah›Salt Lake County›Salt Lake City›84103›341 W Reed Ave

This home is located at 341 W Reed Ave in Salt Lake City, UT and zip code 84103 in the West Capitol Hill neighborhood. This 1,768 square foot home, which was built in 1893, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $600,000.

In April 2024 in Salt Lake City, UT there were 72.8% more homes for sale than in March 2024. In April 2024 median list price was $625,972 and the average listing age was 59 days.

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

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