2193 S Lake St Salt Lake City, UT 84106

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3 beds · 2 baths · 1,468 sq ft · Lot Size: 7,841 sq ft · Single Family Home · Fairmont
Est. Property Value: $573,334

Large Lot AdvantageOwned for 25 - 50 YearsOwner Age 45 - 55

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2193 S Lake St is in the Fairmont neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84106. This Single Family Home was built in 1941 and is approximately 84 years old. The single family home spans 1468 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7841 sq ft lot. According to public records, it was last sold in 1998 for $113,159 and has a tax-assessed value of $459,900, which is $391 per sq ft. The Fairmont area of Salt Lake City has 80 residential homes with an average size of 1586.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2193 S Lake St Salt Lake City, UT 84106 with Property Intel by Whitepages.

Investment Potential for 2193 S Lake St

The property has a current estimated value of $573,334, which is 6% above the neighborhood median, based on public records. It last sold on June 03, 1998 for $113K. Projected long-term
is $30,600 annually ($2,550 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 84106 zip code
 
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Owners & Occupancy for 2193 S Lake St

This property is owned by Rick Jd Vrieze. Owner contact information includes 8 phone numbers and 3 email addresses.

Property Owners

OccupationDistribution Supervisor, Linde Gas & Equipment
Cell Phone(801) ***-****View Cell Phone
Residence******************
Landline(801) 579-2998
Distance from Property**********
Email Address************@gmail.comView Email
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Property Ownership Information

Purchase DateJune 03, 1998
Property Tax Amount$2,410 in 2024
Purchase Price$113,159

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 23
Resident 2****************** age 51
Resident 3************** age 54

Property Details for 2193 S Lake St

Property Details

Property Sq Ft

Living Area

1,468 sq ft

7% below market

Lot Size

7,841 sq ft

38% above market

Price Per Sq Ft

Living Area

$391 / sq ft

15% above market

Lot Size Area

$73 / sq ft

22% below market

Property condition, age, exterior, etc. for 2193 S Lak…
Longitude: -111.869257 Latitude: 40.723227 Parcel Number (APN): 16-20-107-008-0000…
Mortgage originated on through lender: Mountain American Cu for$******View Mortgage Details

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Market Benchmarks

Compare data for 2193 S Lake St in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$573,334
$489,437
$83,897 (17%)
$******
$607,798
$16,215 (3%)
YoY Price Change
****%
2.55%
-249%
Year Built
1941
1998
-57 years
Living Space
1,468 sq ft
1,715 sq ft
-247 (-14%)
$ Per Living Sq Ft
$391
$283
$108 (38%)
Lot Size
7,841 sq ft
8,276 sq ft
-435 (-5%)
$ Per Lot Sq Ft
$73
$58
$15 (26%)

Net Operating Income
$*****
$18,176
$1,766 (10%)
Annual Revenue
$30,600
$28,200
$2,400 (9%)
$*****
$9,565
$1,093 (11%)
Net Operating Income
$*****
$18,176
$1,766 (10%)
Cap Rate
****%
3.75%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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