241 VINE, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 1,073 sqft. Built 1977. Listed at $400,000. MLS #2132397.
1BD/—BA Residential in Salt Lake City, UT 84103. 1,073 sqft. Built 1977. Listed at $400,000. MLS #2132397.
SELLER IS OFFERING $4,000 toward CLOSING COSTS when you use our preferred lender ***.*** UPGRADED LUXURY CORNER UNIT with STUNNING PANORAMIC VIEWS!! The seller put $60,000 into UPGRADES, including NEW FLOORING, NEW PAINT, NEW COUNTERTOPS, NEW KITCHEN CABINETS, and more!!! The home is spacious and features an OPEN FLOOR PLAN. The Living Room has a beautiful Fireplace, keeping you warm and cozy during the cold months. The Balcony has stunning CITY and MOUNTAIN VIEWS - a great spot for morning coffee or evening relaxation. OWNER ONLY PAYS ELECTRICITY!!! The HOA covers all other utilities, including Google Fiber, plus all the LUXURY AMENITIES such as an Underground Parking Garage, Temperature-Controlled Storage Areas, Heated Pool, Gym, Dry Sauna, Game Room, Large Gathering Room with Kitchen, and more. LOCATION is unbeatable! WALKING DISTANCE to CITY CREEK, DELTA CENTER, Restaurants, and Entertainment. And just 30 minutes to Park City and major ski resorts. . This is the home you've been looking for - come see it today! Information and measurements are provided as a courtesy. Photos are virtually staged. Buyer is advised to obtain their own measurements and verify all information.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stone
Lot Size
0.01 sq ft
Above Grade Area
1,073 sq ft
Condition
Blt./Standing
MLS #
2132397
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stone
Lot Size
0.01 sq ft
Above Grade Area
1,073 sq ft
Condition
Blt./Standing
MLS #
2132397
List Price
$400,000
HOA Fees
$640 / Monthly
Annual Taxes
$1,753
Home Warranty
No
List Price
$400,000
HOA Fees
$640 / Monthly
Annual Taxes
$1,753
Home Warranty
No
Heating
Forced Air,Gas: Central,Hot Water
Cooling
Central Air
Roof
Composition,Flat,Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stone
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Hot Water
Cooling
Central Air
Roof
Composition,Flat,Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stone
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
24% below
vs Market Median
2% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 24% below the median of similar listings
Priced 2% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,531/mo (-45.8% return on ownership cost) · STR net cashflow -$2,317/mo (-69.3% 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
$2,061/mo
Range: $962 – $3,159
Net Monthly Cash Flow
−$1,530 /mo (−$18,362/yr)
Monthly rental income
Monthly ownership cost
Coverage
62%
Net /mo
−$1,531
DSCR
0.90
Est. Annual Revenue
$17,613/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,315 /mo (−$27,785/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$2,317
DSCR
0.51
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
-30% vs median
55 days
621
$184,000 – $7,995,000
$1,753
$640/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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