NOT LISTED FOR SALE

5429 S Commerce Dr Murray, UT 84107

-- Bed
-- Bath
83,177 Sq Ft
1.74 Acres

About This Home

This home is located at 5429 S Commerce Dr, Murray, UT 84107. 5429 S Commerce Dr is a home located in Salt Lake County with nearby schools including Liberty Elementary School, Hillcrest Junior High School, and Murray High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Red Bluff Hotel Llc
Bought by
Springtime Hospitality Llc

Purchase Details

Closed on
Nov 6, 2017
Sold by
5003 Hotel Llc
Bought by
Bluff Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2016
Sold by
5300 Hotel Llc
Bought by
Pennbridge Murray Hotel Llc

Purchase Details

Closed on
Jan 1, 2014
Sold by
5300 Hotel Llc
Bought by
M 53 Associates Llc

Purchase Details

Closed on
Sep 23, 2013
Sold by
Kimball Victor and Kimball David
Bought by
5300 Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2013
Sold by
Kimball Victor and Kimball David
Bought by
Scs Hotel Murray Llc and Pennbridge Murray Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2006
Sold by
The Wadman Corp
Bought by
Kimball Victor and Kimball David

Purchase Details

Closed on
Jan 16, 1996
Sold by
Erickson Donald A and Erickson Richard W
Bought by
Wadman Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Springtime Hospitality Llc -- First American Title
Bluff Hotel Llc -- Metro National Title
Pennbridge Murray Hotel Llc -- None Available
M 53 Associates Llc -- None Available
5300 Hotel Llc -- Metro National Title
Scs Hotel Murray Llc -- Metro National Title
Kimball Victor -- Home Abstract & Title Co
Wadman Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bluff Hotel Llc $4,000,000
Previous Owner 5300 Hotel Llc $7,750,000
Previous Owner Scs Hotel Murray Llc $7,750,000
Closed Springtime Hospitality Llc $0
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 $69,667 $7,954,100 $1,701,400 $6,252,700
2024 $69,667 $8,498,100 $1,633,300 $6,864,800
2023 $74,355 $8,687,400 $1,548,200 $7,139,200
2022 $65,777 $7,306,100 $1,293,000 $6,013,100
2021 $68,194 $6,680,400 $1,145,800 $5,534,600
2020 $93,024 $8,623,700 $1,225,000 $7,398,700
2019 $104,580 $9,365,900 $1,225,000 $8,140,900
2018 $36,997 $9,778,600 $1,212,700 $8,565,900
2017 $89,901 $8,283,500 $1,193,800 $7,089,700
2016 $84,482 $7,516,200 $1,193,800 $6,322,400
2015 $100,322 $8,104,900 $1,174,800 $6,930,100
2014 $19,867 $1,591,900 $916,300 $675,600
Source: Public Records

Map

Utah Salt Lake County Murray 84107

5429 S Commerce Dr, Murray, UT

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