3070 S Plateau Dr Salt Lake Cty, UT 84109

3 beds · 2 baths · 1,855 sq ft · Lot Size: 9,148 sq ft · Single Family Home · Mount Olympus
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3070 S Plateau Dr is in the Mount Olympus neighborhood of Salt Lake Cty, UT. It is located in Salt Lake County and ZIP code 84109. This Single Family Home was built in 1955 and is approximately 70 years old. The single family home spans 1855 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9148 sq ft lot. According to public records, it was last sold in 2021 for $750,375. The Mount Olympus area of Salt Lake Cty has 549 residential homes. Analyze and compare real estate investment strategies for properties like this home at 3070 S Plateau Dr Salt Lake Cty, UT 84109 with Property Intel by Whitepages.

Investment Potential for 3070 S Plateau Dr

The property has a current estimated value of $536,225, which is 29% below the neighborhood median, based on public records. It last sold on September 29, 2021 for $750K. Projected long-term
is $33,600 annually ($2,800 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$33,600 per year($2,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 84109 zip code
 
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Owners & Occupancy for 3070 S Plateau Dr

This property is owned by Andrew B Black. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

OccupationProject Engineer, M. A. Mortenson Company
Cell Phone(815) ***-****
Residence******************
Landline(815) 455-5830
Distance from Property**********
Email Address********@gmail.com

Property Ownership Information

Purchase DateSeptember 29, 2021
Property Tax Amount$4,461 in 2024
Purchase Price$750,375

Occupancy

Current Occupancy******View Occupancy

Property Details for 3070 S Plateau Dr

Property Details

Property Sq Ft

Living Area

1,855 sq ft

Compare to Mount Olympus

Lot Size

9,148 sq ft

Compare to Mount Olympus

Price Per Sq Ft

Living Area

$289 / sq ft

Compare to Mount Olympus

Lot Size Area

$59 / sq ft

Compare to Mount Olympus
Property condition, age, exterior, etc. for 3070 S Pla…
Longitude: -111.792198 Latitude: 40.704319 Parcel Number (APN): 16-25-157-012-0000…
Mortgage originated on through lender: Guild Mtg Co for$******View Mortgage Details
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Market Benchmarks

Compare data for 3070 S Plateau Dr in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$536,225
$491,172
$45,053 (9%)
$619,839
-$13,459 (-2%)
YoY Price Change
2.55%
72%
Year Built
1955
1998
-43 years
Living Space
1,855 sq ft
1,715 sq ft
140 (8%)
$ Per Living Sq Ft
$289
$286
$3 (1%)
Lot Size
9,148 sq ft
8,276 sq ft
872 (11%)
$ Per Lot Sq Ft
$59
$58
$0 (0%)

Net Operating Income
$22,984
-$2,231 (-10%)
Annual Revenue
$33,600
$33,600
$0 (0%)
$9,277
$3,570 (38%)
Net Operating Income
$22,984
-$2,231 (-10%)
Cap Rate
4.49%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians