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554 E 5th Ave, Salt Lake City, UT, 84103

$715,000

Home List Price

$8,491*

Closing Credit

3 Bedrooms
2 Full Baths
2,059 SqFt
$347/SqFt
House

Location

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554 E 5th Ave, Salt Lake City$715,000

Buyer Closing Credits

$8,491*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1929
HeatingForced Air
CoolingCentral Air
MLS #2045762
Lot Size0.07 Acres
StatusActive

About 554 E 5th Ave

Location, location, location! Welcome to your dream bungalow nestled in the heart of Salt Lake City, highly desirable Avenues location. This gorgeous brick bungalow exudes timeless elegance and modern sophistication, with granite countertops. Cozy fireplace in main level living room. Don't miss out on the bonus square footage in fully finished upstairs loft area! Two car driveway and additional street parking. Spacious covered front porch patio plus additional large side patio for entertaining! NEW roof, this home is turn key ready. All appliances are included. Easy access to downtown, the University of Utah, and airport. Walking distance to Avenue's Bistro, Publik Coffee, Smith's, and Cucina Deli, all within walking distance of 554!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,059 SqFt

Listing Office:

  • Office Name: Utah Property Finder
  • Office Phone: (801) 381-5624
  • Listing Agent: Megan Marie Jones

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Granite Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch: Open

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk, Sprinklers
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $715,000
  • Price Per SqFt: $347/SqFt

Tax Information:

  • Annual Amount: $3,082
  • 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

$599.1K

Med. Price/SqFt

$326

Avg. Days On Market

73

554 E 5th Ave vs Salt Lake City

1 DAY ON ROCKET

-72 Days

$715,000

+$115.8K More

$347/SqFt

+$20 More

KEY TAKEAWAY

This property is $115.8K more than the Median List Price and $20/SqFt more than other homes in Salt Lake City, UT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2045762

Listing Office:

  • Office Name: Utah Property Finder
  • Office Phone: (801) 381-5624
  • Listing Agent: Megan Marie Jones

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: 11/17/2024, 4:20:49 PM 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$3,082$493,000
2020$3,082$252,065
2019$2,577$244,420
2017$15$333,900

History based on county public records data.

Payment Calculator

$3,636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,210

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NMLS#3030

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-550845
8
/10

  • Ensign School

  • 775 E 12th Ave

  • 0.67 miles

  • Public District Grades PK-6

school-card-donut-550846
9
/10

  • Wasatch School

  • 30 R St

  • 0.87 miles

  • Public District Grades KG-6

school-card-donut-550847
3
/10

  • Mary W. Jackson School

  • 750 W 200 N

  • 2.08 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,151. Typical income of Salt Lake City, UT residents is between $35k-100k annually. Most families are 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

Frequently Asked Questions About 554 E 5th Ave

What is the listing price of this property?

The listing price of 554 E 5th Ave property is $715,000.

What type of property is this?

The property 554 E 5th Ave is a house located in Salt Lake City, Utah, 84103.

Is this property for sale now?

Active Listing: 554 E 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,082 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 554 E 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 554 E 5th Ave is 2,059 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 554 E 5th Ave is 1929.

Rocket Homes›Utah›Salt Lake County›Salt Lake City›84103›554 E 5th Ave

This home is located at 554 E 5th Ave in Salt Lake City, UT and zip code 84103 in the Greater Avenues neighborhood. This 2,059 square foot home, which was built in 1929, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $715,000.

The inventory of homes for sale in Salt Lake City, UT between September 2024 and October 2024 increased by 43%. In October 2024 median list price was $599,158 and the average listing age was 73 days.

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

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