20 days on rocket

8341 S 700 E, Sandy, UT, 84070

$640,000

Home List Price

$7,600*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,032 SqFt
$315/SqFt
House
Schools Nearby

Location

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8341 S 700 E, Sandy$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1942
HeatingForced Air
CoolingEvaporative Cooling
MLS #1990911
Lot Size0.28 Acres
StatusActive

About 8341 S 700 E

Welcome to a prime investment opportunity in the heart of Sandy. This versatile office building offers a lucrative blend of commercial and residential spaces, ideal for investors seeking steady rental income. **Property Highlights:** - **Prime Location:** Situated on 700 E, this property enjoys high visibility and accessibility, perfect for attracting business tenants. - **Multi-Use Building:** The building features three private offices on the main floor, providing ample workspace for professionals or small businesses. Additionally, the basement of the houses has a spacious one-bedroom apartment, offering a convenient living arrangement. - **Steady Rental Income:** Currently, the basement is rented out, and the tenant in the apartment expressing interest in continuing the lease, ensuring immediate and consistent cash flow for the new owner. - **Parking Availability:** The property boasts seven or more dedicated parking spaces, accommodating tenants and visitors with ease. **Property Details:** Three private offices with ample natural light and space for customization. Ideal for professionals, startups, or small businesses seeking a professional workspace. - **Bottom Floor:** A well-appointed one-bedroom apartment featuring modern amenities, including a kitchen, living area, bedroom, and bathroom. Perfect for individuals or couples looking for a comfortable living space in a central location. - **Exterior:** Well-maintained exterior with curb appeal, complemented by landscaping and adequate parking facilities. - **Potential for Expansion:** With the existing rental income and available space, there's potential for future expansion or renovation to maximize returns. Don't miss out on this exceptional investment opportunity in Sandy. Whether you're an experienced investor or looking to diversify your portfolio, this property offers both stability and growth potential. Schedule a showing today to explore the possibilities firsthand! Seller Financing Option: 50% down, Rate 2% over prime, Amortized over 30 years, Balloon payment due in 5 years *Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.*

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1942
  • Stories: 2
  • Living Area: 2,032 SqFt

Listing Office:

  • Office Name: Live Work Play
  • Office Phone: (801) 414-2115
  • Listing Agent: Amanda Romero

Interior Features

Interior Information:

  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Curbs, Sprinklers
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Evaporative Cooling

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $315/SqFt

Tax Information:

  • Annual Amount: $4,617
  • Tax Year: 2021
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Housing Market Comparison

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

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Sandy, UT

City

Med. List Price

$675K

Med. Price/SqFt

$282

Avg. Days On Market

60

8341 S 700 E vs Sandy

20 DAYS ON ROCKET

-40 Days

$640,000

-$35K Less

$315/SqFt

+$33 More

KEY TAKEAWAY

This property is $35K less than the Median List Price and $33/SqFt more than other homes in Sandy, UT.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1990911

Listing Office:

  • Office Name: Live Work Play
  • Office Phone: (801) 414-2115
  • Listing Agent: Amanda Romero

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: 4/29/2024, 2:25:18 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$4,617$471,900
2020$4,616$345,800
2019$3,542$303,200
2017$3,414$244,500

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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NMLS#3030

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.

Nearby Schools

school-card-donut-3171534
8
/10

  • Alta View School

  • 10333 South 865 East

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-3171535
8
/10

  • Oakdale School

  • 1900 East 8100 South

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-3171536
7
/10

  • East Sandy School

  • 8295 South 870 East

  • 0.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,266. The most common annual income of people living in Sandy, UT is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8341 S 700 E

What is the listing price of this property?

The listing price of 8341 S 700 E property is $640,000.

What type of property is this?

The property 8341 S 700 E is a house located in Sandy, Utah, 84070.

Is this property for sale now?

Active Listing: 8341 S 700 E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,617 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8341 S 700 E has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8341 S 700 E is 2,032 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8341 S 700 E is 1942.

Rocket Homes›Utah›Salt Lake County›Sandy›84070›8341 S 700 E

This home is located at 8341 S 700 E in Sandy, UT and zip code 84070. This 2,032 square foot home, which was built in 1942, sits on a 0.28 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $640,000.

The number of homes for sale in Sandy, UT increased by 76% between February 2024 and March 2024. Listings spent 60 days on the market in March 2024, and had a median list price of $675,000 during the same period.

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

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