3889 SILVER BANK DR., Magna, UT 84044
3BD/—BA Residential in Magna, UT 84044. 1,337 sqft. Built 2023. Listed at $370,000. MLS #2147330.
3BD/—BA Residential in Magna, UT 84044. 1,337 sqft. Built 2023. Listed at $370,000. MLS #2147330.
*** $10,000 PRICE ADJUSTMENT! This is by far the best deal in the community. The price with the stylish updates CAN'T BE BEAT! This stylish, nearly-new 3-bedroom townhome in the Foothills of the Oquirrh Mountains. Built in 2023, this home shows like new and is loaded with stylish updates. The 3 spacious bedrooms, 2 full bathrooms, and a layout that is open, functional, and great for everyday living or entertaining. The kitchen features a gas range, quartz countertops, and stainless steel appliances-exactly what buyers are looking for right now. The community brings a ton of value too, with a pool, clubhouse, playground, and pickleball courts-making it easy to enjoy where you live. Tucked up against the Oquirrh Mountains, you'll have great views while still being close to schools, shopping, and quick freeway access. As a bonus, a radon mitigation system is already installed. Clean, updated, and move-in ready-this is one you don't want to miss.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
LITTLE VALLEY GATEWAY
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2147330
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
LITTLE VALLEY GATEWAY
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2147330
List Price
$370,000
Original Price
$379,900
HOA Fees
$190 / Monthly
Annual Taxes
$2,746
Home Warranty
No
List Price
$370,000
Original Price
$379,900
HOA Fees
$190 / Monthly
Annual Taxes
$2,746
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Vinyl
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Vinyl
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
11% below
vs Market Median
5% below
Price Reduced
2.6%
Area Growth (YoY)
5.6%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 11% below the median of similar listings
5.6% year-over-year ZHVI growth in this area
Priced 5% below the per-subtype city median
3% price reduction from original list — seller may be motivated
LT net cashflow -$1,102/mo (-39.6% return on ownership cost) · STR net cashflow -$1,892/mo (-67.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,912/mo
Range: $1,431 – $2,394
Net Monthly Cash Flow
−$1,102 /mo (−$13,224/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,102
DSCR
0.90
Est. Annual Revenue
$15,305/yr
$119/night · 62% occupancy · $60/bedroom · $0.10/sqft
Net Monthly Cash Flow
−$1,894 /mo (−$22,723/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$1,892
DSCR
0.48
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$430,000
-14% vs median
70 days
98
$255,700 – $799,999
$2,746
$190/monthly
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