29 days on rocket

941 W Euclid Ave, Salt Lake City, UT, 84104

$500,000

0.16 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #1988772
Lot Size0.16 Acres
StatusActive

About 941 W Euclid Ave

INCREDIBLE INVESTMENT OPPORTUNITY located just two blocks from the Power District, a picturesque, 100-acre planned development in the heart of Salt Lake City's westside anticipated to begin in late 2024, and shovel-ready site for a planned Major League Baseball ballpark. This property is located in an "Opportunity Zone" with Transit Station Area (TSA) high-density zoning. A similar parcel to the east on Euclid, once a residential listing, was redeveloped as high-density townhomes with each 1,100 sf unit selling for $450,000 or more in 2022. Another high-density 5-plex is planned on a similar parcel to the north on Euclid that is in the permitting process. The adjacent land parcel to the west on Euclid, having already been scraped, is also in the permitting process for 40 units. A vacant, uninhabitable home is situated on the property, but the property is being sold for its land value. A bid has been obtained to scrape the lot and soil testing has already been done. A recent commercial appraisal values the property at much higher than the list price. Thelocation is ideally situated between the Salt Lake City International Airport and the intersection of three major interstates (I-80, I-15, I-215), and is close to UTA's light rail system, TRAX, which runs along the Power District and includes two stations. It is among the most accessible locations along the Wasatch Front, only 15 minutes to the University of Utah, and 40 minutes to Park City and Utah's world-class ski resorts. Don't miss this opportunity to invest in what will be highly sought-after real estate right next to the anticipated Power District! Property sold as-is with no warranties on the home or garage. No property tours at this time.

Property Details

Property Features

Property Information:

  • Stories: 0

Listing Office:

  • Office Name: Summit Sotheby's International Realty
  • Office Phone: (801) 467-2100
  • Listing Agent: Heather M. Sneddon

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: See Remarks

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: See Remarks, Curbs, Sidewalk
  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Bryant Middle School, Public District Grades 7-8
  • Franklin School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $865
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salt Lake City, UT.

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Salt Lake City, UT

City

Med. List Price

$599.6K

Med. Price/SqFt

$335

Avg. Days On Market

66

941 W Euclid Ave vs Salt Lake City

29 DAYS ON ROCKET

-37 Days

$500,000

-$99.6K Less

KEY TAKEAWAY

This property is $99.6K less than the Median List Price in Salt Lake City, UT.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1988772

Listing Office:

  • Office Name: Summit Sotheby's International Realty
  • Office Phone: (801) 467-2100
  • Listing Agent: Heather M. Sneddon

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: 4/27/2024, 2:25:17 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
2021$865$135,800
2020$864$70,730
2019$700$70,070
2017$730$93,200

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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.

Elementary School

school-card-donut-995628
4
/10

  • Franklin School

  • 1115 W 300 S

  • 0.35 miles

  • Public District Grades PK-6

Middle School

school-card-donut-995629
2
/10

  • Bryant Middle School

  • 40 S 800 E

  • 2.60 miles

  • Public District Grades 7-8

High School

school-card-donut-995630
2
/10

  • East High School

  • 840 S 1300 E

  • 3.44 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 $34,787. The most common annual income of people living in Salt Lake City, UT is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 941 W Euclid Ave

What is the listing price of this property?

The listing price of 941 W Euclid Ave property is $500,000.

What type of property is this?

The property 941 W Euclid Ave is land located in Salt Lake City, Utah, 84104.

Is this property for sale now?

Active Listing: 941 W Euclid Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 941 W Euclid Ave are:
Franklin School: GreatSchools Rating 4/10
Bryant Middle School: GreatSchools Rating 2/10
East High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $865 (source: MLS/based on county public records data).

How much acreage is this property?

The property 941 W Euclid Ave is 0.16 acres.
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Rocket Homes›Utah›Salt Lake County›Salt Lake City›84104›941 W Euclid Ave

This home is located at 941 W Euclid Ave in Salt Lake City, UT and zip code 84104 in the Euclid neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $500,000.

Between February 2024 and March 2024, Salt Lake City, UT real estate market has seen increase in the number of listings by 67.5%. While the average time on the market in March 2024 was 66 days, the median list price was $599,641.

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

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