425 East 3rd Avenue, Salt Lake City, UT 84103
Greater Avenues, Salt Lake
Nearby Active Listings
Welcome to 425 East 3rd Avenue, a building located in Greater Avenues, Salt Lake in Salt Lake City, UT.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1964.
There are a total of 3 floors.
The market value for the land that the building sits on has been listed at $909,000.
In addition, improvements upon the building have an added value of $1,799,600.
In total, the total market value of the property as a whole is $2,708,600.
According to local assessors, the total value of the building is currently valued at $2,708,600.
Specifically, the value of the land that the property sits on has been assessed at $909,000.
The building was last assessed in 2023.
There is another building on the same land that 425 East 3rd Avenue was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1995
Building Condition
Average
Construction Type
Masonry
Building Style
Multifamily
Exterior Walls Type
Brick
Interior Walls Type
unknown
Location Influence Type
unknown
Building
Property Class
Residential
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
BEG 5 RDS W FR SE COR LOT 1, BLK 48, PLAT D, SLC SUR; N 10 RDS; W 5 RDS; S 10 RDS; E 5 RDS TO BEG. 4692-466 4692-0467 6122-0986 6219-2003 6356-0275 6815-0822 8069-0333,0335 8257-3575 8270-0226 8460-4833
Ownership
Current Owner
MR PROPERTY HOLDINGS LLC
Current Owner's Name
MR PROPERTY HOLDINGS LLC
Previous Owner's Name
W & R INC
Owner Address - City
SALT LAKE CITY
Owner Address - ZIP Code
84111
Owner Before Previous Owner
SMB LTD
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Salt Lake City School District
Census - Combined Statistical Area - Area Code
482
Census - Combined Statistical Area - Area Name
Salt Lake City-Provo-Orem, UT
Census - County FIPS
49035
Census - Full FIPS
490351011011013
Census - Metro Micro Statistical Area - Area Code
41620
Census - Metro Micro Statistical Area - Area Name
Salt Lake City, UT
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4967000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4900870
School District - Unified - Name
Salt Lake City School District
Geography
Assessors Map Reference
09-31-439
Parcel
09-31-439-020-0000
Municipality
SALT LAKE CITY
Mailing Carrier Code
C005
Mailing Street Direction
S
Mailing Full Street Address
201 S MAIN ST STE 1100
Mailing 4-Digit Zip Code
2208
Valuation
Timestamp
2024-01-24 10:57:13
More About The Building
In total, the building area is listed as 5,337 square feet.
The building itself has 5,337 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 425 East 3rd Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Greater Avenues area have a median price of $1,298.
Those in the 25th percentile, have a price around $1,190.
While those in the 75th percentile, have a price around $1,483.
Typically, the buildings in this area have a median sqft of 587.
That means that the median price per sqft is around $2.
In other words, the price per sqft for buildings in the 25th percentile is $2.
While the price per sqft for buildings in the 75th percentile is $3.
As a breakdown, we've included the following stats:
- There are currently a total of 4 studio listings.
The median price for these types of listings is $1,038.
That's $2.41 price per sqft.
- There are currently a total of 13 one bedroom listings.
The median price for these types of listings is $1,300.
That's $2.43 price per sqft.
- There are currently a total of 4 two bedroom listings.
The median price for these types of listings is $1,385.
That's $1.61 price per sqft.
- There are currently a total of 3 three bedroom listings.
The median price for these types of listings is $2,650.
That's $1.95 price per sqft.
- There are currently no four bedroom listings being advertised in the area.
About The Area
425 East 3rd Avenue is located in Salt Lake County, Utah.
There are 1,092,518 people living here.
There are 356,061 households.
Most of these households have an average family size of 3.6 people.
According to the census, 34% are currently renting while 66% own their homes.
The median age of this population is around 32.1 years old.
On average, most folks in the county are married.
About 20% of folks speak a language other than English in this area.
The area's employment rate is currently around 67.5%.
Speaking of employment, the median income is $64,601.
Most folks will commute by car for around 22.2 minutes.
Finally, we know that 23% of residents in the area have graduated with their high school degree.
Additionally, 21% and 12% have their Bachelor's and Master's degree, respectfully.
$1,038
Studio Median Rent
PUBLIC TRANSIT
3rd Ave / F St (WB)
(Under 500 ft - 3 min walk)
Utah Transit Authority
3rd Ave / F St (WB)
(Under 500 ft - 3 min walk)
Utah Transit Authority
E St / 3rd Ave (NB)
(Under 500 ft - 3 min walk)
Utah Transit Authority
E St / 3rd Ave (NB)
(Under 500 ft - 3 min walk)
Utah Transit Authority
E St / 3rd Ave (SB)
(Under 500 ft - 3 min walk)
Utah Transit Authority
Nearby Schools
(within attendance boundary)
775 - 12th Ave, Salt Lake City, UT 84103
Public
•
Elementary
•
Grades PK to 6
Salt Lake City School District
40 S 800 E, Salt Lake City, UT 84102
Public
•
Middle School
•
Grades 7 to 8
Salt Lake City School District
241 N 300 W, Salt Lake City, UT 84103
Public
•
High School
•
Grades 7 to 12
Salt Lake City School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.
