J
Seller's Agent in 2026
Jim Wu
Coldwell Banker Realty (Union Heights)
Terrace Falls Condominiums 171 E 3rd Ave Unit 709 Salt Lake City, UT 84103
The Avenues NeighborhoodEstimated Value: $697,000 - $1,100,000
3
Beds
3
Baths
2,433
Sq Ft
$333/Sq Ft
Est. Value
About This Home
Seller Financing is available; please see Agent Remarks for attractive terms. Tucked away in the historic Avenues, Terrace Falls offers the perfect blend of tranquility and city convenience. Located just a short walk from City Creek Center, Temple Square, parks, trailheads, and downtown's premier dining, this sought-after community provides secure living with resort-style amenities and engaging social activities. This unique, East-facing residence spans two levels with separate entrances on both the 6th and 7th floors. The top-level (7th floor) entrance ensures maximum privacy with no neighbors above you. This level features engineered hardwood floors throughout, a spacious great room with a cozy gas log fireplace, and a kitchen appointed with granite countertops and stainless appliances. An expansive, East-facing enclosed balcony invites abundant natural light and morning sun. The lower level (6th floor) offers its own private courtyard patio-perfect for BBQing, gardening, and outdoor gatherings. The layout includes a primary suite and second bedroom both featuring walk-in closets, while the versatile third bedroom can serve as a guest room or a secondary family room. Two Parking Spaces included with the unit, space #72 (2nd floor) and space #132 (4th floor) & both spaces have double metal storage cabinets. Another dedicated storage room on the 5th floor (L59/Unit 709) with built-in shelving included. HOA offers the Resort-Style Amenities (Mainly on the 5th Floor): Enjoy an indoor pool and sauna, a well-equipped fitness center, and a 7th-floor rooftop entertainment area featuring grills and stunning State Capitol views. Unique community features include a woodworking shop on the 2nd floor and an HOA guest apartment available for your visitors. Square footage is provided as a courtesy estimate only and was obtained from a previous appraisal. Buyer is advised to verify all listing information, including square footage, to buyer's own satisfaction.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2015
Sold by
Vms Cando Lc
Bought by
Ding Yinghan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$218,854
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$591,643
Purchase Details
Closed on
May 15, 2013
Sold by
Sorensen Von L and Sorensen Marian P
Bought by
Sorensen Von L and Sorensen Marian P
Purchase Details
Closed on
Feb 14, 2013
Sold by
Clements Clyde Ray
Bought by
The Von L Sorensen And Marlan P Sorensen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ding Yinghan | -- | Old Republic Title So Jordan | |
| Sorensen Von L | -- | None Available | |
| The Von L Sorensen And Marlan P Sorensen | -- | Keystone Title Ins Midvale |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ding Yinghan | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Pending | -- | -- | -- |
| 02/24/2026 02/24/26 | Price Changed | $679,000 | -6.3% | $279 / Sq Ft |
| 01/23/2026 01/23/26 | For Sale | $725,000 | -- | $298 / Sq Ft |
| 01/22/2026 01/22/26 | Off Market | -- | -- | -- |
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 | $3,135 | $639,600 | $191,900 | $447,700 |
| 2024 | $3,135 | $598,100 | $179,400 | $418,700 |
| 2023 | $3,135 | $558,000 | $167,400 | $390,600 |
| 2022 | $0 | $564,700 | $169,400 | $395,300 |
| 2021 | $3,615 | $512,000 | $153,600 | $358,400 |
| 2020 | $3,463 | $515,000 | $154,500 | $360,500 |
| 2019 | $3,572 | $499,800 | $149,900 | $349,900 |
| 2018 | $0 | $461,100 | $138,300 | $322,800 |
| 2017 | $3,442 | $439,300 | $131,800 | $307,500 |
| 2016 | $3,854 | $467,100 | $140,100 | $327,000 |
| 2015 | $3,298 | $378,900 | $113,600 | $265,300 |
| 2014 | -- | $375,100 | $112,500 | $262,600 |
Source: Public Records
Agents Affiliated with this Home
About Terrace Falls Condominiums
Map
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