NOT LISTED FOR SALE

1605 W Frankie Cir Unit Mother-in-Law apartm Salt Lake City, UT 84104

Glendale Neighborhood

Estimated Value: $480,000 - $523,118

1 Bed
4 Baths
850 Sq Ft
$599/Sq Ft Est. Value

About This Home

Mother-in-law apartment with utilities!
Newly remodeled mother-in-law apartment with private entrance and parking. The house is built in 2003 and is in a quiet cul-de-sac. It is very conveniently located near stores and schools with easy and quick access (10 minutes) to downtown and minutes from I-15 and I-215. Within walking distance to elementary and middle schools.

The basement mother-in-law apartment was recently remodeled and has a modern design with granite countertops. The apartment has a living room, 1 bedroom, 1 full bathroom, washer and dryer hookups, and a kitchen with a stainless steel oven range and refrigerator. The tenant pays a monthly flat utility fee of $50 to cover all utilities (gas, power, water, trash, and sewer). Rent includes free parking on the side driveway.

Rent: $1200

Flat utility fee: $50

Deposit $1250

$40 application/background check fee.

The deposit and first month's payment are due at signing!

Minimum 12-month lease.

No smoking and no pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Wright Hripsime Z and Wright Seth R
Bought by
Wright Hripsime
Current Estimated Value
$509,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Outstanding Balance
$335,717
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$173,563

Purchase Details

Closed on
Jan 9, 2019
Sold by
Wright Seth and Wright Jripsime Z
Bought by
Wright Hripsime Z and Wright Seth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
Garcia Milagros
Bought by
Wright Seth and Wright Hripsime Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Lopez Robles Bernardo
Bought by
Garcia Milagros

Purchase Details

Closed on
Jun 24, 2003
Sold by
Hud
Bought by
Lopez Robles Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,806
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2003
Sold by
Aurora Loan Services Inc
Bought by
Hud

Purchase Details

Closed on
Oct 8, 2001
Sold by
Iverson Homes Lc
Bought by
Mejia Geronimo Garcia and Barrios Silvino Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,755
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Hripsime -- Title Guarantee
Wright Hripsime Z -- First American Title
Wright Seth -- Preferred Title & Escrow Ins
Garcia Milagros -- Preferred Title & Escrow Ins
Lopez Robles Bernardo -- First American Title
Hud -- First Southwestern Title
Mejia Geronimo Garcia -- Preferred Title & Escrow Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Hripsime $339,500
Previous Owner Wright Hripsime Z $223,000
Previous Owner Wright Seth $201,400
Previous Owner Lopez Robles Bernardo $139,806
Previous Owner Mejia Geronimo Garcia $155,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2025 08/09/25 Off Market $1,200 -- --
08/05/2025 08/05/25 Price Changed $1,200 +14.3% $1 / Sq Ft
07/28/2025 07/28/25 Price Changed $1,050 0.0% $1 / Sq Ft
07/28/2025 07/28/25 For Rent $1,050 -12.5% --
07/26/2025 07/26/25 Off Market $1,200 -- --
07/11/2025 07/11/25 For Rent $1,200 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,440 $481,200 $143,400 $337,800
2024 $2,440 $465,500 $135,700 $329,800
2023 $2,494 $458,700 $130,500 $328,200
2022 $2,624 $452,700 $128,000 $324,700
2021 $2,156 $336,900 $106,600 $230,300
2020 $2,001 $297,500 $52,600 $244,900
2019 $2,041 $285,500 $48,700 $236,800
2018 $1,827 $248,900 $48,700 $200,200
2017 $1,882 $240,200 $48,700 $191,500
2016 $1,829 $221,700 $40,900 $180,800
2015 $1,545 $177,500 $44,700 $132,800
2014 $1,463 $166,700 $43,800 $122,900
Source: Public Records

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