2963 GRACE, Salt Lake City, UT 84109
3BD/—BA Residential in Salt Lake City, UT 84109. 3,390 sqft. Built 1959. Listed at $900,000. MLS #2143229.
3BD/—BA Residential in Salt Lake City, UT 84109. 3,390 sqft. Built 1959. Listed at $900,000. MLS #2143229.
Step inside this classic Canyon Rim rambler, lovingly maintained by one family and offered for sale for the first time. The home features an updated kitchen with maple cabinetry, granite countertops, and updated bathrooms. Enjoy mountain views from the covered patio. The finished basement includes a second kitchen, offering great flexibility for a potential mother-in-law suite, guest space, or multi-generational living. Located in the highly desirable Canyon Rim neighborhood, the home is within walking distance to Canyon Rim Park and just three minutes from Tanner Park, with quick freeway access and nearby shopping and dining. Agent related to seller. Square footage figures are provided as a courtesy only; buyer is advised to verify all information. Agent related to seller.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANYON RIM ADD
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,867 sq ft
Condition
Blt./Standing
MLS #
2143229
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANYON RIM ADD
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,867 sq ft
Condition
Blt./Standing
MLS #
2143229
List Price
$900,000
Annual Taxes
$4,751
Home Warranty
No
List Price
$900,000
Annual Taxes
$4,751
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Similar Homes
1% below
vs Market Median
20% below
Area Growth (YoY)
0.1%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 20% below the per-subtype city median
Priced 1% below the median of similar listings
LT net cashflow -$1,086/mo (-17.7% return on ownership cost) · STR net cashflow -$2,972/mo (-48.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0.1% year-over-year ZHVI growth in this area
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
$5,756/mo
Range: $4,598 – $6,914
Net Monthly Cash Flow
−$1,087 /mo (−$13,038/yr)
Monthly rental income
Monthly ownership cost
Coverage
94%
Net /mo
−$1,086
DSCR
1.11
Est. Annual Revenue
$54,504/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,972 /mo (−$35,658/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,972
DSCR
0.70
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+58% vs median
56 days
618
$184,000 – $7,995,000
$4,751
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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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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