NOT LISTED FOR SALE

5250 S Commerce Dr Salt Lake City, UT 84107

-- Bed
-- Bath
1,800 Sq Ft
436 Sq Ft Lot

About This Home

This home is located at 5250 S Commerce Dr, Salt Lake City, UT 84107. 5250 S Commerce Dr is a home located in Salt Lake County with nearby schools including Horizon Elementary School, Hillcrest Junior High School, and Murray High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
Atrium Office Building Salt Lake City Lp
Bought by
Fsp3 Atrium Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,218,500
Outstanding Balance
$5,504,864
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2008
Sold by
Atrium Building Investment Corp
Bought by
Atrium Office Building Salt Lake City Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2004
Sold by
New Cedar Ltd
Bought by
Cedar Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1997
Sold by
Atrium Building L L C
Bought by
Atrium Building L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Fsp3 Atrium Llc -- First American Title Ins Co
Atrium Office Building Salt Lake City Lp -- Landmark Title
Cedar Park Llc -- Metro National Title
Atrium Building L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fsp3 Atrium Llc $6,218,500
Previous Owner Atrium Office Building Salt Lake City Lp $6,000,000
Previous Owner Cedar Park Llc $6,500,000
Previous Owner Atrium Building L L C $2,870,000
Source: Public Records

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 $71,463 $8,521,500 $3,022,300 $5,499,200
2024 $71,463 $8,717,100 $2,901,400 $5,815,700
2023 $52,438 $6,126,700 $2,750,200 $3,376,500
2022 $68,739 $7,635,100 $2,296,900 $5,338,200
2021 $76,413 $7,485,600 $2,236,800 $5,248,800
2020 $70,604 $6,545,300 $2,176,100 $4,369,200
2019 $69,965 $6,265,900 $2,176,100 $4,089,800
2018 $70,500 $6,443,100 $1,934,300 $4,508,800
2017 $49,476 $4,558,700 $1,903,900 $2,654,800
2016 $50,588 $4,500,700 $1,903,900 $2,596,800
2015 $52,922 $4,275,500 $1,874,100 $2,401,400
2014 $69,249 $5,548,800 $1,874,100 $3,674,700
Source: Public Records

Map

Utah Salt Lake County Salt Lake City 84107

5250 S Commerce Dr, Salt Lake City, UT

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