245 N Vine St 507 Salt Lake City, UT 84103

2 beds · 2 baths · 1,473 sq ft · Lot Size: 436 sq ft · Residential Condominium · Capitol Hill
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245 N Vine St 507 is in the Capitol Hill neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84103. This Residential Condominium was built in 1976 and is approximately 49 years old. The residential condominium spans 1473 sq ft with 2 bedrooms and 2 bathrooms and sits on a 436 sq ft lot. According to public records, it was last sold in 2024 for $465,000. The Capitol Hill area of Salt Lake City has 358 residential homes. Analyze and compare real estate investment strategies for properties like this home at 245 N Vine St 507 Salt Lake City, UT 84103 with Property Intel by Whitepages.

Investment Potential for 245 N Vine St 507

The property has a current estimated value of $425,670, which is 14% above the neighborhood median, based on public records. It last sold on January 04, 2024 for $465K. Projected long-term
is $20,400 annually ($1,700 per month) with a 91% occupancy rate.

Long-Term

Gross Rental
$20,400 per year($1,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 84103 zip code
 
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Owners & Occupancy for 245 N Vine St 507

This property is owned by Talia Raquel Dajes. Owner contact information includes 2 phone numbers.

Property Owners

Cell Phone(734) ***-****
Residence******************
Distance from Property**********

Property Ownership Information

Purchase DateJanuary 04, 2024
Property Tax Amount$2,525 in 2024
Purchase Price$465,000

Occupancy

Resident 1************** age 52

Property Details for 245 N Vine St 507

Property Details

Property Sq Ft

Living Area

1,473 sq ft

Compare to Capitol Hill

Lot Size

436 sq ft

Compare to Capitol Hill

Price Per Sq Ft

Living Area

$289 / sq ft

Compare to Capitol Hill

Lot Size Area

$976 / sq ft

Compare to Capitol Hill
Property condition, age, exterior, etc. for 245 N Vine…
Longitude: -111.893095 Latitude: 40.774597 Parcel Number (APN): 08-36-437-039-0000…
Mortgage originated on through lender: University First Fcu for$******View Mortgage Details
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Market Benchmarks

Compare data for 245 N Vine St 507 in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$425,670
$325,001
$100,669 (31%)
$464,210
$400,477 (86%)
YoY Price Change
0.73%
-761%
Year Built
1976
1986
-10 years
Living Space
1,473 sq ft
1,083 sq ft
390 (36%)
$ Per Living Sq Ft
$289
$304
-$15 (-5%)
Lot Size
436 sq ft
436 sq ft
0 (0%)
$ Per Lot Sq Ft
$976
$605
$371 (61%)

Net Operating Income
$22,380
-$10,315 (-46%)
Annual Revenue
$20,400
$30,000
-$9,600 (-32%)
$7,128
$1,207 (17%)
Net Operating Income
$22,380
-$10,315 (-46%)
Cap Rate
6.65%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians