NOT LISTED FOR SALE

223 S 400 E Cedar City, UT 84720

Estimated Value: $379,000 - $521,000

-- Bed
-- Bath
3,000 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 27, 2022

Current estimated payment $2,623/month

13 Days on Market

Highlights

  • No HOA
  • Luxury Vinyl Tile Flooring
  • Under Construction
  • 1-Story Property
  • Forced Air Heating System
  • 2-minute walk to Ann J Gardner Canyon Park East

About This Home

As of December 2022

Brand New Duplex in Downtown Cedar City, Utah. This duplex features two 3 Bedroom 2 bathroom homes each with a 2 car garage. Each home features LVP flooring, Granite Countertops, Upgraded Cabinets, and so much more. The homes are stucco and stone exteriors. Estimated Rents to be 1,995 per side. The homes come with a 1 year builder warranty. You can easily live in one side and rent the other or rent each side out for a cash flowing property.

Last Agent to Sell the Property

Sam Dodd

eXp Realty So Utah License #5972635-AB Listed on: 09/20/2022

eXp Realty So Utah

Last Buyer's Agent

Jason Spencer

Stratum Real Estate Group PLLC South Branch Office License #5485395SA00

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced

Parking

  • Covered Parking

Home Design

  • Asphalt Shingled Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Tile

Schools

  • Cedar South Elementary School
  • Cedar Middle School
  • Cedar High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Cedar City Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer, garbage
  • Assessor Parcel Number B-0381-0002-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,449

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Directions: I-15 Exit 59 Head West on W 200 N, Right onto N Main St, Left onto E 200 S, Right onto S 400 E. Home will be on the left.
  • Prop. Type: Residential Income
  • Year Built: 2022
  • Reso Property Sub Type: Multi-Unit
  • Subdivision Name: Cedar City
  • Reso Flooring: Luxury Vinyl, Wall-Wall Carpet
  • New Construction: No
  • Master Plan Zoning: R2
  • Water Heater Gas3: Yes
  • Utilities Culinary City: Yes
  • Utilities Natural Gas: Yes
  • Utilities Sewer2: Yes
  • Floor Covering Luxury Vinyl: Yes
  • Floor Covering Wall-Wall Carpet: Yes
  • Roof Asphalt Shingles: Yes
  • Keywords Covered Parking: Yes
  • Keywords Utilities: Separate Meters
  • Meters Electric Separate: Yes
  • Meters Gas Separate: Yes
  • Extras Yard: Yes
  • Property Condition Under Construction: Yes
  • Construction:_one_ Story: Yes
  • Extras Fenced: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • ResoLivingAreaSource: Builder

Exterior Features

  • Property Condition: Under Construction, Building Permit #
  • Acres: 0.24
  • Construction Type: 1 Story, Rock, Stucco
  • Construction:Rock: Yes
  • Construction:Stucco: Yes

Utilities

  • Heating: Forced Air, Gas
  • Utilities: Electric Separate, Gas Separate, Culinary, City, Electricity Available, Natural Gas Available, Sewer Connected
  • Green Building Features: Fenced, Yard
  • HeatingYN: Yes
  • Utilities Electricity: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Cedar
  • Middle Or Junior School: Cedar

Lot Info

  • Parcel #: B-0381-0002-0000
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Garbage

Multi Family

  • Tenant Pays: Electricity, Gas

MLS Schools

  • Elementary School: Cedar South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 28, 2022
Sold by
Yamamoto John
Bought by
Kia Kaha Llc
Seller's Agent
Sam Dodd
eXp Realty So Utah
Buyer's Agent
Jason Spencer
Stratum Real Estate Group PLLC South Branch Office
List Price
$699,999
Current Estimated Value
$444,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.15%
Original Mortgage
$276,000
Outstanding Balance
$268,449
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$176,262

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 26, 2022
Sold by
Jessop Charles
Bought by
Yamamoto John and Yamamoto Nicole
Seller's Agent
Sam Dodd
eXp Realty So Utah
Buyer's Agent
Jason Spencer
Stratum Real Estate Group PLLC South Branch Office
List Price
$699,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$268,449
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$176,262

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 15, 2022
Sold by
Michael Madsen
Bought by
Jessop Charles and Jessop Winston
Seller's Agent
Sam Dodd
eXp Realty So Utah
Buyer's Agent
Sam Dodd
eXp Realty So Utah
List Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
869.96%
Original Mortgage
$425,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Rollo Richard
Bought by
Madsen Michael and Madsen Amanda

Purchase Details

Closed on
Nov 2, 2017
Sold by
Henkel Alex and Henkel Deidre
Bought by
Madsen Michael and Madsen Amanda

Purchase Details

Listed on
Nov 17, 2016
Closed on
Mar 3, 2017
Sold by
Rollo Family Lp
Bought by
Henkel Alex and Henkel Deidre
Buyer's Agent
Diane Janes
Coldwell Banker Advantage
List Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.86%
Source: Public Records

Range of Values:

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Average Value
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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
Kia Kaha Llc -- --
Yamamoto John -- American First Escrow & Title
Jessop Charles -- American First Escrow & Title
Madsen Michael -- Accommodation
Madsen Michael -- Southern Utah Title Of Cedar
Henkel Alex -- Mountain View Title Cedar Ci
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yamamoto John $276,000
Previous Owner Jessop Winston $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold -- -- --
10/03/2022 10/03/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $699,999 +677.8% $233 / Sq Ft
02/11/2022 02/11/22 Sold -- -- --
01/31/2022 01/31/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $90,000 +100.0% $30 / Sq Ft
03/07/2017 03/07/17 Sold -- -- --
01/19/2017 01/19/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $45,000 -- $15 / Sq Ft
Source: Iron County Board of REALTORS®

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 $2,449 $314,910 $8,250 $306,660
2023 $2,083 $190,800 $8,250 $182,550
2022 $635 $69,091 $68,091 $1,000
2021 $307 $33,425 $32,425 $1,000
2020 $347 $33,425 $32,425 $1,000
2019 $362 $33,425 $32,425 $1,000
2018 $514 $45,910 $32,425 $13,485
2017 $481 $42,300 $28,815 $13,485
2016 $500 $40,925 $27,440 $13,485
2015 $192 $14,905 $0 $0
2014 $205 $14,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sam Dodd

    eXp Realty So Utah

    (435) 590-7266

    585 Total Sales

    Sam Dodd
    Section Image
  • Jason Spencer

    Buyer's Agent in 2022

    Jason Spencer

    Stratum Real Estate Group PLLC South Branch Office

    (435) 590-7070

    175 Total Sales

    Jason Spencer
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Rob Logue

    iPro Realty Network (Cedar City)

  • D

    Buyer's Agent in 2017

    Diane Janes

    Coldwell Banker Advantage

    Section Image

  • E

    Buyer's Agent in 2017

    ERIC GUBLER

    CENTURY 21 EVEREST ST GEORGE

    Section Image
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Map

Source: Iron County Board of REALTORS®

MLS Number: 100121

APN: B-0381-0002-0000

Utah Iron County Cedar City 84720

223 S 400 E, Cedar City, UT

This home is located at 223 S 400 E, Cedar City, UT 84720 since 20 September 2022 and is currently estimated at $444,711, approximately $148 per square foot. This property was built in 2022. 223 S 400 E is a home located in Iron County with nearby schools including Cedar East School, Cedar Middle School, and Cedar City High School.

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