$1,475,000
OPEN SAT 11AM - 1PM $25K PRICE DROP

4579 Wallace Ln Salt Lake City, UT 84117

Estimated payment $8,414/month

Total Views 8,650
5 Beds
3.5 Baths
3,344 Sq Ft
$441 Price per Sq Ft

Highlights

  • Second Kitchen
  • Heated In Ground Pool
  • Mature Trees
  • Morningside School Rated A-
  • Updated Kitchen
  • Mountain View

About This Home

Welcome to your private sanctuary in the heart of highly desirable East Holladay. This unique single-family home offers the ultimate in versatility and outdoor living-featuring a fully equipped basement ADU apartment with its own private entrance, parking, and patio, ideal for multi-generational living, guests, or added rental income. Set on a beautifully landscaped lot, the backyard feels like a personal private retreat. Enjoy summer days lounging by the sparkling swimming pool, relaxing in the hot tub, or entertaining under the elegant gazebo. Multiple outbuildings provide flexible space for home offices, creative studios, or a private gym. There's even a whimsical tree house tucked beneath mature trees, and a basketball court ready for friendly games and weekend fun. Whether you're looking to create unforgettable memories with family or generate passive income, this East Holladay gem offers unmatched potential in a location that truly has it all. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listing Agent

Jason Eldredge

Equity Real Estate (Solid) License #7100083 Listed on: 05/08/2025

Equity Real Estate (Solid)

Co-Listing Agent

Kristen Eldredge

Equity Real Estate (Solid) License #366222

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,060

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Hilly Lot
  • Mature Trees
  • Pine Trees
  • Property is zoned Single-Family, 1110

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • 6 Open Parking Spaces

Property Views

  • Mountain
  • Valley

Home Design

  • Split Level Home
  • Asphalt

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Den

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Free-Standing Range
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Chute
  • Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Apartment Living Space in Basement
  • Natural lighting in basement

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Basketball Hoop
  • Storage Shed
  • Outbuilding

Schools

  • Howard R. Driggs Elementary School
  • Churchill Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Level Entry For Accessibility
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • Wallace Lane Subdivision

Listing and Financial Details

  • Exclusions: Dryer, Washer
  • Assessor Parcel Number 22-02-331-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,060

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.33
  • Lot Size: 0.0x0.0x0.0
  • Co List Office Mls Id: 69328
  • Co List Office Phone: 801-208-5872
  • Inclusions: Basketball Standard, Hot Tub, Microwave, Range, Refrigerator, Storage Shed(s), Water Softener: Own, Window Coverings
  • Subdivision Name: WALLACE LANE
  • Above Grade Finished Sq Ft: 1672.0
  • Architectural Style: Split-Entry/Bi-Level
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1965
  • Percent Basement Finished: 95
  • Accessory Dwelling Unit: Yes
  • Primary Bedroom Level: Floor: 1st
  • Special Features: 4097
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Microwave, Refrigerator, Water Softener Owned
  • Other Equipment: Basketball Standard, Hot Tub, Storage Shed(s), Window Coverings
  • Accessibility Features: Accessible Doors, Accessible Hallway(s), Grip-Accessible Features, Ground Level, Single Level Living, Customized Wheelchair Accessible
  • Has Basement: Daylight, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Basement Apartment, Bath: Primary, Closet: Walk-In, Den/Office, Disposal, Gas Log, Kitchen: Second, Kitchen: Updated, Laundry Chute, Mother-in-Law Apt., Range/Oven: Free Stdng., Granite Countertops, Silestone Countertops
  • Living Area: 3344.0
  • Main Level Bedrooms: 3
  • Window Features: Blinds

Exterior Features

  • Lot Features: Fenced: Full, Secluded, Sidewalks, Sprinkler: Auto-Full, Terrain: Hilly, View: Mountain, View: Valley, Private
  • Pool Features: Heated, In Ground, Electronic Cover
  • Pool Private: Yes
  • Topography: Fenced: Full, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain: Hilly, View: Mountain, View: Valley, Private
  • View: Mountain(s), Valley
  • View: Yes
  • Waterfront: No
  • Exclusions: Dryer, Washer
  • Home Warranty: No
  • Construction Type: Asphalt
  • Direction Faces: West
  • Exterior Features: Basement Entrance, Double Pane Windows, Out Buildings, Lighting, Patio: Covered, Skylights, Sliding Glass Doors, Walkout, Patio: Open
  • Patio And Porch Features: Covered, Patio: Open
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Covered, Parking: Uncovered
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Howard R. Driggs
  • Junior High Dist: Granite
  • High School: Skyline
  • Middle Or Junior School: Churchill

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 22-02-331-011
  • Zoning Description: 1110
  • Zoning: Single-Family

Tax Info

  • Tax Annual Amount: 4060.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $4,018 $708,700 $345,400 $363,300
2022 $4,129 $731,800 $322,400 $409,400
2021 $3,986 $613,600 $300,600 $313,000
2020 $3,739 $570,700 $300,600 $270,100
2019 $3,636 $540,500 $284,900 $255,600
2018 $0 $534,100 $284,900 $249,200
2017 $3,265 $495,700 $284,900 $210,800
2016 $3,123 $476,700 $276,700 $200,000
2015 $3,305 $470,700 $247,700 $223,000
2014 $3,222 $451,400 $242,500 $208,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Price Changed $1,475,000 -1.7% $441 / Sq Ft
05/05/2025 05/05/25 For Sale $1,500,000 -- $449 / Sq Ft
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Mortgage Information Svcs In
Interfamily Deed Transfer -- Old Republic Title
Interfamily Deed Transfer -- Old Republic Title Draper
Warranty Deed -- Accommodation
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- Paramount Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $512,800 New Conventional
Closed $327,035 Commercial
Closed $684,000 Purchase Money Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $198,704 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $199,600 Stand Alone First
Source: Public Records

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Source: UtahRealEstate.com

MLS Number: 2083612

UtahRealEstate.com

APN: 22-02-331-011-0000