241 VINE ST, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,385 sqft. Built 1977. Listed at $439,900. MLS #2124108.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,385 sqft. Built 1977. Listed at $439,900. MLS #2124108.
$439,900
Originally listed at $475,000
Spacious high-rise condo with a panorama view from the prettiest Wasatch Mountains to the Utah State Capitol and the sunsets on the west of the Great Salt Lake . Your balcony provides an amazing kaleidoscope of sunsets. This unit sits above the city center with a traditional floorplan. Welcoming entry hall to easily entertain in the living room and semi-formal dining areas. The private kitchen has plenty of built-in storage and a breakfast nook. It's primary bedroom has a spacious ensuite bathroom and two large walk-in closets. Guest bed and bathroom are also spacious and roomy. There is the option to add a washer/dryer in-unit, or there is laundry room conveniently down the common area hall. No rental cap, 6 month minimum. Service animals allowed with proper documentation.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION'S SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,385 sq ft
Condition
Blt./Standing
MLS #
2124108
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION'S SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,385 sq ft
Condition
Blt./Standing
MLS #
2124108
List Price
$439,900
Original Price
$475,000
HOA Fees
$783 / Monthly
Annual Taxes
$2,200
Home Warranty
No
List Price
$439,900
Original Price
$475,000
HOA Fees
$783 / Monthly
Annual Taxes
$2,200
Home Warranty
No
Heating
Gas: Central,Hot Water
Cooling
Central Air
Roof
Composition
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Gas: Central,Hot Water
Cooling
Central Air
Roof
Composition
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stucco
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
12% below
vs Market Median
8% below
Price Reduced
7.4%
Area Growth (YoY)
0.1%
Deal Score Breakdown
85/100 · 3 qualifying signals
Priced 12% below the median of similar listings
7% price reduction from original list — seller may be motivated
Priced 8% below the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,051/mo (-28.1% return on ownership cost) · STR net cashflow -$2,165/mo (-57.8% 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
$3,061/mo
Range: $1,429 – $4,693
Net Monthly Cash Flow
−$1,051 /mo (−$12,611/yr)
Monthly rental income
Monthly ownership cost
Coverage
82%
Net /mo
−$1,051
DSCR
1.23
Est. Annual Revenue
$27,086/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,165 /mo (−$25,977/yr)
Monthly STR income
Monthly ownership cost
Coverage
60%
Net /mo
−$2,165
DSCR
0.72
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-23% vs median
57 days
615
$184,000 – $7,995,000
$2,200
$783/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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