1297 N Carousel St Salt Lake City, UT 84116

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4 beds · 2 baths · 2,030 sq ft · Lot Size: 10,454 sq ft · Single Family Home · Rose Park
Est. Property Value: $531,459

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1297 N Carousel St is in the Rose Park neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84116. This Single Family Home was built in 1961 and is approximately 64 years old. The single family home spans 2030 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10454 sq ft lot. According to public records, it has a tax-assessed value of $430,900, which is $262 per sq ft. The Rose Park area of Salt Lake City has 837 residential homes with an average size of 1661 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1297 N Carousel St Salt Lake City, UT 84116 with Property Intel by Whitepages.

1297 N Carousel St

Salt Lake City, UT 84116

Owner Info

Owners & Occupancy for 1297 N Carousel St

This property is owned by Sharon L Butcher. Owner contact information includes 3 phone numbers and 7 email addresses.

Property Owners

OccupationDirector of Education, Waterford Country School
Cell Phone(830) ***-****View Cell Phone
Residence******************
Landline(801) 595-6682
Distance from Property**********
Email Address*********@waterfordcountryschool.orgView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 29
Resident 2***********************
Resident 3********************** age 62
Resident 4*************** age 59
Resident 5***************
Resident 6**************** age 79
Resident 7************* age 76
Resident 8************* age 76

Property Financials for 1297 N Carousel St

1297 N Carousel St, Salt Lake City, UT has a mortgage (orig. February 06, 2013). The Salt Lake county assessment for 2024 values it at $430,900, with annual taxes of $2,258.

Mortgage & Equity Information

Loan Amount$******
Origination DateFebruary 06, 2013
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Property Tax Amount$2,258 in 2024
Assessed Value$430,900 on 2024

Investment Potential for 1297 N Carousel St

The property has a current estimated value of $531,459, which is 14% above the neighborhood median. Projected long-term rental income is $22,200 annually ($1,850 per month) with a 94% occupancy rate.

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Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 84116 zip code
 
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Property Details for 1297 N Carousel St

Property Details

Property Sq Ft

Living Area

2,030 sq ft

22% above market

Lot Size

10,454 sq ft

50% above market

Price Per Sq Ft

Living Area

$262 / sq ft

4% below market

Lot Size Area

$51 / sq ft

21% below market

Property condition, age, exterior, etc. for 1297 N Car…
Longitude: -111.936493 Latitude: 40.79708 Parcel Number (APN): 08-27-252-007-0000…

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Market Benchmarks

Compare data for 1297 N Carousel St in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$531,459
$596,115
-$64,656 (-11%)
YoY Price Change
2.08%
549%
Year Built
1961
1994
-33 years
Living Space
2,030 sq ft
2,319 sq ft
-289 (-12%)
$ Per Living Sq Ft
$262
$261
$1 (0%)
Lot Size
10,454 sq ft
10,019 sq ft
435 (4%)
$ Per Lot Sq Ft
$51
$57
-$6 (-11%)

Net Operating Income
$17,734
-$4,605 (-26%)
Annual Revenue
$22,200
$28,800
-$6,600 (-23%)
$10,933
-$1,862 (-17%)
Net Operating Income
$17,734
-$4,605 (-26%)
Cap Rate
3.11%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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