2 months on rocket

Backup Offers

61 W 500 N, Logan, UT, 84321

$709,000

Home List Price

$8,419*

Closing Credit

9 Bedrooms
4 Baths
4,212 SqFt
$168/SqFt
Multi
Schools Nearby

Location

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61 W 500 N, Logan$709,000

Buyer Closing Credits

$8,419*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1907
HeatingElectric
ViewMountain(s)
MLS #1984775
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Backup)

About 61 W 500 N

Amazing investment! This place is outperforming all duplexes, triplexes and 4-plexes in Cache Valley. Unit #1 was rented for $2,500/mo. Unit #2 was rented for $2,250/mo. $4,750/mo. rental income and $57,000/annual income. These were rent by room rates. That's an 8.4% rental yield! Unit #2 currently vacant so open to owner/buyer for better financing terms. Seller financing would be a possibility. This side-by-side duplex is located in the heart of Logan and both sides are completely remodeled with durable LVP flooring and carpet, new cabinets, counters and appliances. Brand new tankless water heater plus back-up 40 gal. water heater for convenient uninterrupted hot water. Brand new ductless mini split heating and A/C units zoned for efficient temperature control. New double paned insulated windows, plenty of parking and both units have separate laundry hookups. All new electrical throughout. City is requiring a hard surface parking to be completed in Spring on the North side of property. Seller will cover that cost with full price offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement and verify all information. Seller financing Terms: 20% down, 5 year term, 30 year amortization, 6% rate.

Property Details

Property Features

Property Information:

  • Architectural Style: Side By Side
  • Year Built: 1907
  • Stories: 0
  • Living Area: 4,212 SqFt

Listing Office:

  • Office Name: Red Valley Real Estate
  • Office Phone: (801) 859-9118
  • Listing Agent: David Briggs

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl
  • Interior: Range/Oven: Free Stdng., Dishwasher: Built-In

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Double Pane Windows

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Logan High School, Public District Grades 9-12
  • Mount Logan Middle School, Public District Grades 6-8
  • Ellis School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $709,000
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $1,014
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Logan, UT.

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Logan, UT

City

Med. List Price

$440K

Med. Price/SqFt

$221

Avg. Days On Market

61

61 W 500 N vs Logan

69 DAYS ON ROCKET

+8 Days

$709,000

+$269K More

$168/SqFt

-$54 Less

KEY TAKEAWAY

This property is $269K more than the Median List Price and $54/SqFt less than other homes in Logan, UT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1984775

Listing Office:

  • Office Name: Red Valley Real Estate
  • Office Phone: (801) 859-9118
  • Listing Agent: David Briggs

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: 5/16/2024, 3:20:33 AM 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
2020$1,014$86,500
2019$1,060$86,500
2017$1,187$85,000

History based on county public records data.

Payment Calculator

$3,606

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,192

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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.

Elementary School

school-card-donut-2044231
4
/10

  • Ellis School

  • 348 W 300 N

  • 0.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2044232
4
/10

  • Mount Logan Middle School

  • 875 N 200 E

  • 0.59 miles

  • Public District Grades 6-8

High School

school-card-donut-2044233
4
/10

  • Logan High School

  • 162 W 100 S

  • 0.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,278. The majority of Logan, UT residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Utah›Cache County›Logan›84321›61 W 500 N

This home is located at 61 W 500 N in Logan, UT and zip code 84321 in the Ellis neighborhood. This 4,212 square foot home, which was built in 1907, sits on a 0.21 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $709,000.

In April 2024 in Logan, UT there were 60.8% more homes for sale than in March 2024. In April 2024 median list price was $440,000 and the average listing age was 61 days.

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

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