2941 E Orchard Dr Salt Lake City, UT 84109

4 beds · 2 baths · 2,450 sq ft · Lot Size: 11,326 sq ft · Single Family Home · East Millcreek
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2941 E Orchard 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 1957 and is approximately 68 years old. The single family home spans 2450 sq ft with 4 bedrooms and 2 bathrooms and sits on a 11326 sq ft lot. 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 2941 E Orchard Dr Salt Lake City, UT 84109 with Property Intel by Whitepages.

Investment Potential for 2941 E Orchard Dr

The property has a current estimated value of $752,882, which is 0% below the neighborhood median. Projected long-term rental income is $37,200 annually ($3,100 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$37,200 per year($3,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 84109 zip code
 
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Owners & Occupancy for 2941 E Orchard Dr

This property is owned by Wayne E Morris. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(801) ***-****
Residence******************
Landline(801) 272-9505+ 2 more
Distance from Property**********
Email Address**********@swbell.net

Property Ownership Information

Property Tax Amount$4,350 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 69

Property Details for 2941 E Orchard Dr

Property Details

Property Sq Ft

Living Area

2,450 sq ft

Compare to East Millcreek

Lot Size

11,326 sq ft

Compare to East Millcreek

Price Per Sq Ft

Living Area

$307 / sq ft

Compare to East Millcreek

Lot Size Area

$66 / sq ft

Compare to East Millcreek
Property condition, age, exterior, etc. for 2941 E Orc…
Longitude: -111.809187 Latitude: 40.690673 Parcel Number (APN): 16-35-177-010-0000…
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Market Benchmarks

Compare data for 2941 E Orchard Dr in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$752,882
$574,545
$178,337 (31%)
$713,979
$137,402 (19%)
YoY Price Change
2.08%
-244%
Year Built
1957
1994
-37 years
Living Space
2,450 sq ft
2,319 sq ft
131 (6%)
$ Per Living Sq Ft
$307
$265
$43 (16%)
Lot Size
11,326 sq ft
10,019 sq ft
1307 (13%)
$ Per Lot Sq Ft
$66
$59
$8 (14%)

Net Operating Income
$24,602
-$2,180 (-9%)
Annual Revenue
$37,200
$36,600
$600 (2%)
$10,489
$4,289 (41%)
Net Operating Income
$24,602
-$2,180 (-9%)
Cap Rate
4.25%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians