Condo / High-rise home in Salt Lake City, UT
This 990-square-foot Condo condo in Salt Lake City, UT includes 2 bedrooms and 2 bathrooms. The Condo styling carries through the home's design.
| Price | $399,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 990 |
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| Architectural style | Condo / High-rise (100% match) |
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| Address | 123 E 2nd Ave #412, Salt Lake City, UT 84103 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced in line with the area.
- At $399K, this home is 3% below the $410K median for 321 similar Condo / High-rise homes in Salt Lake City, UT.
- That works out to $403 per square foot, 4% above the $389 comparable rate.
- New to market (2 days), so expect competition.
| This home | $399,000 |
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| Condo / High-rise median in Salt Lake City, UT | $410,000 (321 homes) |
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| Price per sq ft | $403 vs. $389 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,523/month with 20% down at a 7.28% 30-year fixed rate. You would need about $108,135 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,184/mo |
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| Property tax (new-buyer reassessed rate) | $190/mo |
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| Homeowners insurance | $150/mo |
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| Total monthly | $2,523/mo |
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| Down payment (20%) | $79,800 |
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| Income needed | $108,135/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (67 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (67/100) |
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| Beats renting in | 22% of modeled paths |
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| Modeled 5-yr equity (median) | $204,428 |
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| Range (10th to 90th pct) | $125,169 to $301,113 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Salt Lake City, UT where local data is thin.
Local home values
Typical home values in Salt Lake City, UT have risen about 13% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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