$4,500,000
UNDER CONTRACT $250K PRICE DROP

Estimated payment $26,019/month

Total Views 3,841
0.97 Acre
$4,639,175 Price per Acre
42,253 Sq Ft Lot

Highlights

  • 0.97 Acre Lot
  • No Heating
  • 3-minute walk to Madsen Park
  • No HOA

About This Lot

0.97 acre multifamily development site in an opportunity zone near Downtown Salt Lake City. The attached site plans include 160 & 200 unit apartment buildings. The property includes three parcels: 919 W South Temple (#15022010060000), 921 W South Temple (#15022010050000), and 947 W South Temple (#15022010040000), with two buildings currently on the site totaling 13,000 sqft. All multifamily plans provided can be built by current zoning right, TSA-UN-T. Due diligence items, including an ALTA Survey, ESA Phase 1, Geotechnical Report, and DRT planning/zoning notes can be provided upon request. Agent is related to the Seller. Contact John Prince at (801) 913-1505.

Listing Agent

William Prince

Conrad Cruz Real Estate Services, LLC License #11859522 Listed on: 08/22/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,992

Lot Details

  • 0.97 Acre Lot
  • Property is zoned Multi-Family, Commercial, Industrial, TSA-UN

Schools

  • Franklin Elementary School
  • Bryant Middle School
  • East High School

Community Details

  • No Home Owners Association
  • Hunters Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-02-201-004

Property Details

Property Type

Land

Est. Annual Taxes

$13,992

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.97
  • Lot Size: 0.0x0.0x0.0
  • Subdivision Name: HUNTERS SUB
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Accessory Dwelling Unit: No
  • Special Features: UnderContract
  • Stories: 0

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Direction Faces: North
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Franklin
  • Junior High Dist: Salt Lake
  • High School: East
  • Middle Or Junior School: Bryant

Lot Info

  • Current Use: Commercial, Industrial, Multi-Family
  • Lot Size Sq Ft: 42253.2
  • Parcel #: 15-02-201-004
  • Zoning Description: TSA-UN
  • Zoning: Multi-Family, Commercial, Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13992.0

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 $6,134 $518,700 $481,300 $37,400
2022 $4,140 $392,900 $271,700 $121,200
2021 $3,724 $320,000 $280,800 $39,200
2020 $3,807 $311,400 $273,000 $38,400
2019 $3,957 $304,500 $265,200 $39,300
2018 $4,052 $303,600 $265,200 $38,400
2017 $3,375 $236,900 $234,000 $2,900
2016 $3,425 $228,300 $163,200 $65,100
2015 $3,075 $194,300 $160,900 $33,400
2014 $2,991 $187,500 $157,000 $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 For Sale $4,500,000 0.0% --
11/15/2023 11/15/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $4,500,000 -2.2% --
10/02/2023 10/02/23 Price Changed $4,600,000 -3.2% --
08/23/2023 08/23/23 For Sale $4,750,000 -- --
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- Commercial Title
Warranty Deed -- Gt Title
Warranty Deed -- Gt Title
Special Warranty Deed -- Vanguard Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,637,500 Construction
Previous Owner $1,540,050 New Conventional
Previous Owner $1,540,050 New Conventional
Source: Public Records

Source: UtahRealEstate.com

MLS Number: 1896103

UtahRealEstate.com

APN: 15-02-201-004-0000