3488 S El Serrito Dr Salt Lake City, UT 84109

6 beds · 3 baths · 3,551 sq ft · Lot Size: 8,276 sq ft · Single Family Home · East Millcreek
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3488 S El Serrito Dr is in the East Millcreek neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84109. This Single Family Home was built in 1977 and is approximately 48 years old. The single family home spans 3551 sq ft with 6 bedrooms and 3 bathrooms and sits on a 8276 sq ft lot. According to public records, it was last sold in 1999 for $212,800. The East Millcreek area of Salt Lake City has 2255 residential homes. Analyze and compare real estate investment strategies for properties like this home at 3488 S El Serrito Dr Salt Lake City, UT 84109 with Property Intel by Whitepages.

Investment Potential for 3488 S El Serrito Dr

The property has a current estimated value of $882,017, which is 18% above the neighborhood median, based on public records. It last sold on May 25, 1999 for $213K. Projected long-term
is $43,800 annually ($3,650 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 84109 zip code
 
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Owners & Occupancy for 3488 S El Serrito Dr

This property is owned by Sheri L Bodily. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Cell Phone(801) ***-****
Residence******************
Distance from Property**********
Email Address********@hotmail.com

Property Ownership Information

Purchase DateMay 25, 1999
Purchase Price$212,800

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 70
Resident 2************** age 66

Property Details for 3488 S El Serrito Dr

Property Details

Property Sq Ft

Living Area

3,551 sq ft

Compare to East Millcreek

Lot Size

8,276 sq ft

Compare to East Millcreek

Price Per Sq Ft

Living Area

$248 / sq ft

Compare to East Millcreek

Lot Size Area

$107 / sq ft

Compare to East Millcreek
Property condition, age, exterior, etc. for 3488 S El …
Longitude: -111.798648 Latitude: 40.695709 Parcel Number (APN): 16-35-227-005-0000…
Mortgage originated on through lender: Washtenaw Mtg for$*****View Mortgage Details
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Market Benchmarks

Compare data for 3488 S El Serrito Dr in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$882,017
$574,545
$307,472 (54%)
$713,979
$283,432 (40%)
YoY Price Change
2.08%
20%
Year Built
1977
1994
-17 years
Living Space
3,551 sq ft
2,319 sq ft
1232 (53%)
$ Per Living Sq Ft
$248
$265
-$16 (-6%)
Lot Size
8,276 sq ft
10,019 sq ft
-1743 (-17%)
$ Per Lot Sq Ft
$107
$59
$48 (82%)

Net Operating Income
$24,602
$6,952 (28%)
Annual Revenue
$43,800
$36,600
$7,200 (20%)
$10,489
$1,757 (17%)
Net Operating Income
$24,602
$6,952 (28%)
Cap Rate
4.25%
Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians