1581 E Waterbury Dr L Salt Lake City, UT 84121

2 beds · 2 baths · 1,083 sq ft · Lot Size: 436 sq ft · Residential Condominium · Cottonwood West
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1581 E Waterbury Dr L is in the Cottonwood West neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84121. This Residential Condominium was built in 1974 and is approximately 51 years old. The residential condominium spans 1083 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 2021 for $309,375. The Cottonwood West area of Salt Lake City has 732 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1581 E Waterbury Dr L Salt Lake City, UT 84121 with Property Intel by Whitepages.

Investment Potential for 1581 E Waterbury Dr L

The property has a current estimated value of $299,281, which is 13% below the neighborhood median, based on public records. It last sold on March 19, 2021 for $309K. Projected long-term
is $30,000 annually ($2,500 per month) with a 91% occupancy rate.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 84121 zip code
 
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Owners & Occupancy for 1581 E Waterbury Dr L

This property is owned by Alba L Trager. Owner contact information includes 6 phone numbers and 5 email addresses.

Property Owners

Cell Phone(805) ***-****
Residence**********
Landline(805) 967-7811+ 3 more
Distance from Property**********
Email Address**********@aol.com

Property Ownership Information

Purchase DateMarch 19, 2021
Property Tax Amount$1,843 in 2024
Purchase Price$309,375

Occupancy

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

Property Details for 1581 E Waterbury Dr L

Property Details

Property Sq Ft

Living Area

1,083 sq ft

Compare to Cottonwood West

Price Per Sq Ft

Living Area

$276 / sq ft

Compare to Cottonwood West

Lot Size Area

$686 / sq ft

Compare to Cottonwood West
Property condition, age, exterior, etc. for 1581 E Wat…
Longitude: -111.847258 Latitude: 40.644502 Parcel Number (APN): 22-16-152-109-0000…
Mortgage originated on through lender: Superior Lndg Associates Lc for$******View Mortgage Details
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Market Benchmarks

Compare data for 1581 E Waterbury Dr L in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$299,281
$325,001
-$25,720 (-8%)
$464,210
$348,051 (75%)
YoY Price Change
0.73%
-17%
Year Built
1974
1986
-12 years
Living Space
1,083 sq ft
1,083 sq ft
0 (0%)
$ Per Living Sq Ft
$276
$304
-$27 (-9%)
Lot Size
436 sq ft
436 sq ft
0 (0%)
$ Per Lot Sq Ft
$686
$605
$81 (13%)

Net Operating Income
$22,380
-$422 (-2%)
Annual Revenue
$30,000
$30,000
$0 (0%)
$7,128
$914 (13%)
Net Operating Income
$22,380
-$422 (-2%)
Cap Rate
6.65%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians