3386 S Meadowlark Dr Salt Lake City, UT 84119

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3 beds · 1 bath · 1,000 sq ft · Lot Size: 9,148 sq ft · Single Family Home · East Granger
Est. Property Value: $321,577

High Demand Long-Term RentalLarge Lot AdvantageOwned for 10 - 15 YearsOwner Age 55 - 65

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3386 S Meadowlark Dr is in the East Granger neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84119. This Single Family Home was built in 1955 and is approximately 70 years old. The single family home spans 1000 sq ft with 3 bedrooms and 1 bathroom and sits on a 9148 sq ft lot. According to public records, it was last sold in 2014 for $175,000 and has a tax-assessed value of $320,600, which is $322 per sq ft. The East Granger area of Salt Lake City has 90 residential homes with an average size of 1324 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3386 S Meadowlark Dr Salt Lake City, UT 84119 with Property Intel by Whitepages.

3386 S Meadowlark Dr

Salt Lake City, UT 84119

Owner Info

Owners & Occupancy for 3386 S Meadowlark Dr

This property is owned by Lai Fan Phillips. Owner contact information includes 6 phone numbers and 3 email addresses.

Property Owners

Residence********************
Landline(801) 262-3787
Distance from Property**********
Email Address************@hotmail.comView Email
View All Owner Info

Occupancy

Resident 1************

Property Financials for 3386 S Meadowlark Dr

3386 S Meadowlark Dr, Salt Lake City, UT has a mortgage from Keybank Na (orig. July 23, 2021). The Salt Lake county assessment for 2024 values it at $320,600, with annual taxes of $2,093.

Mortgage & Equity Information

Loan Amount$******
LenderKeybank Na
Origination DateJuly 23, 2021
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date***************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJuly 28, 2014
Property Tax Amount$2,093 in 2024
Purchase Price$175,000
Assessed Value$320,600 on 2024

Investment Potential for 3386 S Meadowlark Dr

The property has a current estimated value of $321,577, which is 15% below the neighborhood median, based on public records. It last sold on July 28, 2014 for $175K. Projected long-term
is $25,200 annually ($2,100 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 84119 zip code
 
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Property Details for 3386 S Meadowlark Dr

Property Details

Property Sq Ft

Living Area

1,000 sq ft

24% below market

Lot Size

9,148 sq ft

11% above market

Price Per Sq Ft

Living Area

$322 / sq ft

9% above market

Lot Size Area

$35 / sq ft

21% below market

Property condition, age, exterior, etc. for 3386 S Mea…
Longitude: -111.957551 Latitude: 40.698709 Parcel Number (APN): 15-28-452-036-0000…

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Discover more single family homes near 3386 S Meadowlark Dr in Salt Lake City, Utah. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3386 S Meadowlark Dr in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$321,577
$489,437
-$167,860 (-34%)
$******
$607,798
-$216,260 (-36%)
YoY Price Change
****%
2.55%
-41%
Year Built
1955
1998
-43 years
Living Space
1,000 sq ft
1,715 sq ft
-715 (-42%)
$ Per Living Sq Ft
$322
$283
$39 (14%)
Lot Size
9,148 sq ft
8,276 sq ft
872 (11%)
$ Per Lot Sq Ft
$35
$58
-$23 (-39%)

Net Operating Income
$*****
$18,176
-$780 (-4%)
Annual Revenue
$25,200
$28,200
-$3,000 (-11%)
$****
$9,565
-$1,761 (-18%)
Net Operating Income
$*****
$18,176
-$780 (-4%)
Cap Rate
****%
3.75%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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