1278 N Buccaneer Dr Salt Lake City, UT 84116

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3 beds · 2 baths · 1,271 sq ft · Lot Size: 6,534 sq ft · Single Family Home · Rose Park
Est. Property Value: $366,229

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1278 N Buccaneer Dr 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 1955 and is approximately 70 years old. The single family home spans 1271 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6534 sq ft lot. According to public records, it was last sold in 2013 for $143,125 and has a tax-assessed value of $366,900, which is $288 per sq ft. The Rose Park area of Salt Lake City has 1435 residential homes with an average size of 1285 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1278 N Buccaneer Dr Salt Lake City, UT 84116 with Property Intel by Whitepages.

1278 N Buccaneer Dr

Salt Lake City, UT 84116

Owner Info

Owners & Occupancy for 1278 N Buccaneer Dr

This property is owned by David K Mabey. Owner contact information includes 8 phone numbers and 7 email addresses.

Property Owners

Cell Phone(801) ***-****View Cell Phone
Residence**************
Landline(801) 582-3283
Distance from Property**********
Email Address**********@hotmail.comView Email
OccupationHealth Educator, Salt Lake County
Cell Phone(801) ***-****View Cell Phone
Residence**************
Landline(307) 786-4614
Distance from Property**********
Email Address*******@hotmail.comView Email

Occupancy

Resident 1************* age 44
Resident 2********************** age 40

Property Financials for 1278 N Buccaneer Dr

1278 N Buccaneer Dr, Salt Lake City, UT has a mortgage from Stearns Lndg Inc (orig. May 06, 2022). The Salt Lake county assessment for 2024 values it at $366,900, with annual taxes of $1,923.

Mortgage & Equity Information

Loan Amount$******
LenderStearns Lndg Inc
Origination DateMay 06, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateMay 14, 2013
Property Tax Amount$1,923 in 2024
Purchase Price$143,125
Assessed Value$366,900 on 2024

Investment Potential for 1278 N Buccaneer Dr

The property has a current estimated value of $366,229, which is 11% below the neighborhood median, based on public records. It last sold on May 14, 2013 for $143K. Projected long-term
is $28,200 annually ($2,350 per month) with a 94% occupancy rate.

Discover more Single Family Homes in Rose Park.

Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 84116 zip code
 
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Property Details for 1278 N Buccaneer Dr

Property Details

Property Sq Ft

Living Area

1,271 sq ft

1% below market

Lot Size

6,534 sq ft

12% below market

Price Per Sq Ft

Living Area

$288 / sq ft

7% below market

Lot Size Area

$56 / sq ft

1% below market

Property condition, age, exterior, etc. for 1278 N Buc…
Longitude: -111.924602 Latitude: 40.796502 Parcel Number (APN): 08-26-127-006-0000…

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Market Benchmarks

Compare data for 1278 N Buccaneer Dr in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$366,229
$489,437
-$123,208 (-25%)
YoY Price Change
2.55%
198%
Year Built
1955
1998
-43 years
Living Space
1,271 sq ft
1,715 sq ft
-444 (-26%)
$ Per Living Sq Ft
$288
$283
$6 (2%)
Lot Size
6,534 sq ft
8,276 sq ft
-1742 (-21%)
$ Per Lot Sq Ft
$56
$58
-$2 (-3%)

Net Operating Income
$18,176
$1,664 (9%)
Annual Revenue
$28,200
$28,200
$0 (0%)
$9,565
-$1,205 (-13%)
Net Operating Income
$18,176
$1,664 (9%)
Cap Rate
3.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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