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$795,000
Listing Price8beds
3baths
1,666sqft
12,197sqft lot
3224 S Verdant Cir, Salt Lake City, UT 84109
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
**Do not disturb tenants** 3222-3224 S Verdant Circle is a spacious value-add duplex located in a prime neighborhood. This well-maintained property, built in 1966, offers significant investment potential. The seller is willing to finance $150, 000 to $200, 000 of the purchase price, allowing the buyer to obtain a traditional loan with supplemental seller financing to bridge the gap.'" The duplex spans approximately 3, 332 SF, with each unit featuring 4BD/2BA, in-unit washers and dryers, and a separate backyard for each unit. The property boasts a large grassy open space on the west side, providing an excellent area to enjoy outdoor activities. This appealing outdoor space enhances the property's attractiveness to potential renters. Currently, rents at 3222-3224 S Verdant Circle are well below market rates. A new owner has the potential to significantly increase the NOI by renovating the property and adjusting rents to market levels. Additionally, by implementing utility reimbursement charges, the NOI can be further maximized. The property is ideally situated, providing convenient access to various amenities and services, making it a desirable location for tenants. This property represents an excellent opportunity for investors looking to capitalize on below-market rents and long-term growth potential.
Interior Details
1666
8
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
12197
Yes
Yes
Type:
Driveway Concrete
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
Yes
No
No
No
No
No
Construction Details
Duplex Single
Brick
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,907
$0
$0
--%
$203,335
2019
$2,789
$0
$0
--%
$190,520
2017
$2,401
$153,500
$159,900
--%
$313,400
2017
$2,401
$153,500
$147,400
--%
$300,900
2016
$2,147
$153,500
$118,200
--%
$271,700
2014
$2,409
$0
$0
--%
$279,000
2013
$2,473
$0
$0
--%
$276,400
2012
$2,305
$0
$0
--%
$261,500
Average Home Price in 84109
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Details for 3224 S VERDANT CIR
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The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.


