Terrace Falls Condominiums 171 E 3rd Ave Unit 709 Salt Lake City, UT 84103
The Avenues NeighborhoodEstimated payment $4,533/month
Highlights
- Fitness Center
- Indoor Pool
- Updated Kitchen
- Ensign School Rated A-
- Security Guard
- 4-minute walk to City Creek Park
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.
Listing Agent
Jim Wu
Coldwell Banker Realty (Union Heights) License #5471576 Listed on: 01/22/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,251
Year Built
- Built in 1985
Lot Details
- East Facing Home
- Partially Fenced Property
- Landscaped
- Sloped Lot
- Sprinkler System
HOA Fees
- $774 Monthly HOA Fees
Parking
- 2 Car Garage
- Secured Garage or Parking
- Secure Parking
Home Design
- Brick Exterior Construction
- Membrane Roofing
- Stucco
Interior Spaces
- 2,433 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Includes Fireplace Accessories
- Gas Log Fireplace
- Double Pane Windows
- Plantation Shutters
- Drapes & Rods
- Sliding Doors
- Entrance Foyer
- Smart Doorbell
- Den
- Atrium Room
- Screened Porch
- Mountain Views
- Walk-Out Basement
Kitchen
- Updated Kitchen
- Free-Standing Range
- Microwave
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathtub With Separate Shower Stall
Home Security
Accessible Home Design
- Accessible Elevator Installed
Pool
- Indoor Pool
- Pool and Spa
- In Ground Pool
Outdoor Features
- Screened Patio
- Exterior Lighting
- Separate Outdoor Workshop
Schools
- West High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Exclusions: Video Camera(s)
- Assessor Parcel Number 09-31-340-073
Community Details
Overview
- Association fees include insurance, ground maintenance, sewer, trash, water
- Welch Randal Association, Phone Number (801) 399-5883
- Terrace Falls Subdivision
- Maintained Community
Amenities
- Community Barbecue Grill
- Picnic Area
- Sauna
- Clubhouse
Recreation
- Community Pool
- Community Spa
- Snow Removal
Security
- Security Guard
- Controlled Access
- Storm Doors
Map
About Terrace Falls Condominiums
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Old Republic Title So Jordan | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Keystone Title Ins Midvale |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $290,000 | New Conventional |
Source: UtahRealEstate.com
MLS Number: 2132252
APN: 09-31-340-073-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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