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551 East 11th Avenue

551 East 11th Avenue, Salt Lake City, UT 84103
Property in Greater Avenues
Sold Sep 03, 2010
$330,000
$264,000 by Zions First National Bank
Mortgage Due Oct 01, 2025
Sold Jun 27, 2000
$231,300
$185,000 by Bank Of America
Mortgage Due Jul 01, 2030
551 East 11th Avenue has been categorized by the local assessors in Salt Lake City, UT as a residential type of property. The building on the property was first built in 1909 and is 115 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 11 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 551 East 11th Avenue has 2,994 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,332 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 4,792 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 132 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 551 East 11th Avenue sold most recently in Aug 30, 2010 for a total of $330,000. If you work out the math, that's approximately a cost of $79.94 per sqft. Before that, the property was also sold for $231,300 in Jun 22, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,046 in taxes each year. 551 East 11th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $744,200. If we break it down further, the land itself was valued at $245,500. Improvements to the property, however, were assessed at a total of $498,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,332
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 132
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 4,128
  • Gross Building Area: 4,408
  • Building Area: 2,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT SW COR LOT 2 BLK 163 PLAT D SLC SUR E 2.5 RDS N 113.75 FT; W 2.5 RDS; S 113.75 FT TO BEG. 6457-2049 8310-3435,3438 8331-2466 8371-3457 9855-9561

Ownership

  • Current Owner : GUSTIN JULIE ANN
  • Previous Owner : HUNTSMAN ALONZO B
  • Previous Owner 2: GUSTIN JULIE
  • Owner Before Previous Owner: HUNTSMAN ALONZO B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salt Lake City School District
  • Census Tract: 101000

Zoning

  • Zoning: 1205

Geography

  • Assessors Map Reference: 09-31-232
  • Parcel: 09-31-232-007-0000
  • Block: 163
  • Lot: 2
  • Meridian: SEC 31 TWN 1N RNG 1E
  • Municipality: SALT LAKE CITY
  • Latitude: 40.7822
  • Longitude: -111.873

    Address

  • Full Address: 551 E 11th Ave
  • Address - House Number: 551
  • Street Direction: E
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: UT
  • City Name: Salt Lake City
  • Carrier Code: C008
  • 4-Digit Zip Code: 3206
  • Zip Code: 84103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,046
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 924,761
  • High Value: 1,106,796
  • Low Value: 742,727

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $294,000
  • First Open Lien Mortgage Lender: ZIONS FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2010
  • First Open Lien Mortgage Loan Amount: $264,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2025
  • Second Open Lien Mortgage Lender: ZIONS FIRST NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 04, 2011
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $744,200
  • Market Land Value: $245,500
  • Market Improvement Value: $498,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $744,200
  • Assessed Land Value: $245,500
  • Assessed Improvements Value: $498,700

    Sales

  • Current Sale Contract Date: Aug 30, 2010
  • Current Sale Recording Date: Sep 03, 2010
  • Current Sale Transaction ID: 1022605088
  • Current Sale Price: $330,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 11025543
  • Previous Sale Recording Date: Jun 27, 2000
  • Previous Sale Contract Date: Jun 22, 2000
  • Previous Sale Amount: $231,300
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ZIONS FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Sep 03, 2010
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jun 27, 2000
  • Previous Mortgage Loan Amount: $185,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2030

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Frequently Asked Questions

What neighborhood is 551 East 11th Avenue located in?
The 551 East 11th Avenue is a located in the neighborhood of Greater Avenues in Greater Avenues, Salt Lake City.
What is the average sales price for listings in 551 East 11th Avenue?
The average sales price for units in 551 East 11th Avenue is $0 currently.

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