3986 1500, Millcreek, UT 84124
3BD/—BA Residential in Millcreek, UT 84124. 1,363 sqft. Built 1954. Listed at $549,999. MLS #2165351.
3BD/—BA Residential in Millcreek, UT 84124. 1,363 sqft. Built 1954. Listed at $549,999. MLS #2165351.
**OPEN HOUSE ~ SATURDAY JUNE 27TH FROM 11:00 AM - 1:00 PM** Best-priced home in the area! This is your chance to customize a home to your style and preferences without paying a premium. Ask me how our preferred lender's renovation loan programs can help finance both the purchase and improvements, making your dream home more affordable than you may think. This adorable single-level home perfectly blends timeless charm with modern updates. Step inside to find beautiful original hardwood flooring that adds warmth and personality throughout the home. The updated kitchen features stylish finishes and functionality, while the remodeled bathroom offers a fresh, modern feel. Every corner of this home showcases its unique character and inviting atmosphere. Located in a highly walkable neighborhood, you'll enjoy convenient access to nearby shops, restaurants, parks, and local amenities. Whether you're looking for your first home, downsizing, or simply seeking a home with charm and convenience, this darling property is one you won't want to miss! Seller offering up to $800 towards a 1 year home warranty of buyers choice. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement and to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
MCGHAN SUB
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,363 sq ft
Condition
Blt./Standing
MLS #
2165351
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
MCGHAN SUB
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,363 sq ft
Condition
Blt./Standing
MLS #
2165351
List Price
$549,999
Annual Taxes
$3,234
Home Warranty
Yes
List Price
$549,999
Annual Taxes
$3,234
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Microwave,Refrigerator
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Microwave,Refrigerator
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
17% below
vs Market Median
1% above
Area Growth (YoY)
0.6%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 17% below the median of similar listings
Priced 1% above the per-subtype city median
0.6% year-over-year ZHVI growth in this area
LT net cashflow -$2,146/mo (-56.8% return on ownership cost) · STR net cashflow -$1,978/mo (-52.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$1,852/mo
Range: $1,148 – $2,555
Net Monthly Cash Flow
−$2,145 /mo (−$25,743/yr)
Monthly rental income
Monthly ownership cost
Coverage
49%
Net /mo
−$2,146
DSCR
0.59
Est. Annual Revenue
$30,807/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,977 /mo (−$23,724/yr)
Monthly STR income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,978
DSCR
0.65
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$635,000
-13% vs median
45 days
125
$214,000 – $4,695,000
$3,234
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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