11 days on rocket

657 S 700 E, Salt Lake City, UT, 84102

$1,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
3,460 SqFt
$434/SqFt
Multi

Location

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657 S 700 E, Salt Lake City$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking: Uncovered
Year Built1891
HeatingElectric
MLS #2030781
Lot Size0.14 Acres
StatusActive

About 657 S 700 E

Historic charm meets modern convenience in these fully updated Central City units. Unique property with two separate parcels comprise the five total rental units. The property is conveniently located across the street from the Trolley Square development, which is sure to add value to the neighborhood as the area expands. This rare opportunity provides a chance for a new investor or a seasoned multi-family buyer to acquire a building with very little maintenance or deferred maintenance. Completely renovated in 2018, this property has new plumbing, electrical, HVAC, windows, and appliances. You can pick up a gem in Central City without any of the headaches that dated systems and appliances bring. This property provides the future owner with attractive, high-end, practically new properties. These buildings offer unique character and charm, including exposed brick, high ceilings, and private porches.

Property Details

Property Features

Property Information:

  • Architectural Style: Other/See Remarks
  • Year Built: 1891
  • Stories: 0
  • Living Area: 3,460 SqFt

Listing Office:

  • Office Name: Align Complete Real Estate Services LLC
  • Office Phone: (801) 214-8033
  • Listing Agent: Jody Jones

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl
  • Interior: Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Bay Box Windows, Deck; Covered

Parking Information:

  • Attached Garage: No
  • Parking: Parking: Uncovered

Lot Features

Lot Information:

  • Lot: Sidewalk, Sprinklers
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Bryant Middle School, Public District Grades 7-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $434/SqFt

Tax Information:

  • Annual Amount: $2,454
  • 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

657 S 700 E vs Salt Lake City

11 DAYS ON ROCKET

-62 Days

$1,500,000

+$900.8K More

$434/SqFt

+$107 More

KEY TAKEAWAY

This property is $900.8K more than the Median List Price and $107/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: #2030781

Listing Office:

  • Office Name: Align Complete Real Estate Services LLC
  • Office Phone: (801) 214-8033
  • Listing Agent: Jody 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: 11/5/2024, 8:20:50 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$2,454$400,900
2020$2,453$200,695
2019$913$194,480
2017$893$114,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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.

Middle School

school-card-donut-1954532
3
/10

  • Bryant Middle School

  • 40 S 800 E

  • 0.86 miles

  • Public District Grades 7-8

High School

school-card-donut-1954533
3
/10

  • East High School

  • 840 S 1300 E

  • 0.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,238. Most Salt Lake City, UT residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Utah›Salt Lake County›Salt Lake City›84102›657 S 700 E

This home is located at 657 S 700 E in Salt Lake City, UT and zip code 84102 in the East Central neighborhood. This 3,460 square foot home, which was built in 1891, sits on a 0.14 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,500,000.

The number of listings in Salt Lake City, UT increased by 43% between September 2024 and October 2024. While the average time on the market in October 2024 was 73 days, the median list price was $599,158.

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

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