4561 LORI LEIGH, Millcreek, UT 84117
5BD/—BA Residential in Millcreek, UT 84117. 3,250 sqft. Built 1996. Listed at $675,000. MLS #2162821.
5BD/—BA Residential in Millcreek, UT 84117. 3,250 sqft. Built 1996. Listed at $675,000. MLS #2162821.
Welcome to easy, comfortable living in sought-after gated community. This beautiful main-floor living home has been thoughtfully updated and lovingly maintained, offering the perfect combination of comfort, quality, and convenience. Step inside to find hardwood floors, vaulted ceilings, and an open floor plan filled with natural light. The inviting living room features a cozy gas fireplace and flows seamlessly into the kitchen and dining area, making it easy to gather with family and friends. The kitchen offers granite countertops, plenty of workspace, and a brand-new refrigerator. The spacious primary suite is a peaceful retreat with a jetted tub, separate shower, and large walk-in closet. A third bedroom on the main floor provides flexibility for a home office, den, or guest room. The fully finished basement adds even more living space with an oversized family room, perfect for entertaining, hobbies, movie nights, or hosting guests. New carpet downstairs adds a fresh, updated feel. Outside, enjoy relaxing on the shaded patio, a perfect spot to unwind at the end of the day. The finished garage floor and numerous recent upgrades-including a new roof, new HVAC system, water softener, and newer windows-mean much of the heavy lifting has already been done. Located in a wonderful gated community with beautifully maintained grounds, this home offers the lifestyle so many buyers are looking for: comfortable main-floor living, plenty of space for family and guests, and the peace of mind that comes with a well-cared-for home.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTAGES ON COLLEGE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,625 sq ft
Condition
Blt./Standing
MLS #
2162821
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTAGES ON COLLEGE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,625 sq ft
Condition
Blt./Standing
MLS #
2162821
List Price
$675,000
Original Price
$700,000
HOA Fees
$325 / Monthly
Annual Taxes
$4,155
Home Warranty
No
List Price
$675,000
Original Price
$700,000
HOA Fees
$325 / Monthly
Annual Taxes
$4,155
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
28% below
vs Market Median
13% below
Price Reduced
3.6%
Area Growth (YoY)
2.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 28% below the median of similar listings
Priced 13% below the per-subtype city median
4% price reduction from original list — seller may be motivated
2.2% year-over-year ZHVI growth in this area
LT net cashflow -$606/mo (-12.2% return on ownership cost) · STR net cashflow -$1,268/mo (-25.5% 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
$4,972/mo
Range: $2,961 – $6,982
Net Monthly Cash Flow
−$606 /mo (−$7,270/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$606
DSCR
1.28
Est. Annual Revenue
$63,654/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,267 /mo (−$15,208/yr)
Monthly STR income
Monthly ownership cost
Coverage
107%
Net /mo
−$1,268
DSCR
1.09
Elementary
Spring LaneMiddle School
BonnevilleHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$632,700
+7% vs median
44 days
123
$214,000 – $4,495,000
$4,155
$325/monthly
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Devin Tanner - Utah Realtor
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