3 months on rocket

302 40th St, South Ogden, UT, 84405

$1,349,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
8 Baths
7,000 SqFt
$193/SqFt
Multi
Schools Nearby

Location

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302 40th St, South Ogden$1,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built2021
MLS #1977655
Lot Size0.16 Acres
StatusActive

About 302 40th St

Meet the "Brooks on 40th". An architectural wonder in the heart of Ogden. This almost brand new 4-plex sits tucked below the mountains with incredible views and nearby amenities demanding top dollar rents. From quartz countertops, high-end cabinets, LVP, 13 ft high ceilings, and so many more amenities; this property will serve as an incredible addition to any investors portfolio. This property was a ground up construction project. Location is absolutely prime being less than 5 minutes away from Weber State University, McKay-Dee Hospital, and heavy commercial. P/L + Rent roll statement attached with listing. This property has been owner operated since it's completion in 2021. Property is fully occupied bringing in almost $7,500/mo in gross rent!! Tenants pay all utilities as well. See agent remarks for proforma. Square footage figures are provided as a courtesy estimate only and were obtained from original appraisal. Buyer is advised to obtain an independent measurement.Seller finance terms: Interest rate: 3.99% Purchase price: $1,349,000 Down payment: $634,000 Loan amount: $715,000 Balloon: 4 years

Property Details

Property Features

Property Information:

  • Architectural Style: Stories: 3
  • Year Built: 2021
  • Stories: 0
  • Living Area: 7,000 SqFt

Listing Office:

  • Office Name: NRE
  • Listing Agent: Austin Seegmiller

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • Bonneville High School, Public District Grades 10-12
  • South Ogden Jr High School, Public District Grades 7-9

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,349,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $902
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Ogden, UT.

Med. List Price

$415K

Med. Price/SqFt

$216

Avg. Days On Market

42

302 40th St vs South Ogden

92 DAYS ON ROCKET

+50 Days

$1,349,000

+$934K More

$193/SqFt

-$23 Less

KEY TAKEAWAY

This property is $934K more than the Median List Price and $23/SqFt less than other homes in South Ogden, UT.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1977655

Listing Office:

  • Office Name: NRE
  • Listing Agent: Austin Seegmiller

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$902$53,429
2020$753$38,655
2019$618$25,865
2018$630$25,865
2017$630$25,865

History based on county public records data.

Payment Calculator

$6,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,111

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2218408
3
/10
  • South Ogden Jr High School

  • 650 Pleasant Valley Dr

  • 2.22 miles

  • Public District Grades 7-9

High School

school-card-donut-2218409
5
/10
  • Bonneville High School

  • 251 E 4800 S

  • 1.02 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,596. Typical income of South Ogden, UT residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesUtahWeber CountySouth Ogden84405302 40th St

This home is located at 302 40th St in South Ogden, UT and zip code 84405. This 7,000 square foot home, which was built in 2021, sits on a 0.16 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 27, 2024 and is currently priced at $1,349,000.

Between February 2024 and March 2024, South Ogden, UT real estate market has seen increase in the number of listings by 92.9%. While the average time on the market in March 2024 was 42 days, the median list price was $415,000.

From Rocket Homes Real Estate and based on county public records data.

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