2514 ELIZABETH, Salt Lake City, UT 84106
2BD/—BA Residential in Salt Lake City, UT 84106. 2,100 sqft. Built 1980. Listed at $550,000. MLS #2156478.
2BD/—BA Residential in Salt Lake City, UT 84106. 2,100 sqft. Built 1980. Listed at $550,000. MLS #2156478.
Welcome to this highly sought-after Forest Glen top-floor residence, offering the largest floor plan in the community and an exceptional blend of space, comfort, and convenience. Featuring two generously sized ensuite bedrooms, a spacious living area, and an extra roomy and separate dining room perfect for entertaining. There is also a 220 sqft sunroom, perfect for your favorite reading chairs, a library, or an office. The extra large laundry room doubles as additional storage, pantry, or craft space. Enjoy the serene, park-like grounds complete with ponds, walking paths, benches, and lush gardens, along with access to community amenities including a pool, tennis and pickleball courts, clubhouse, and regular social events. Arrive home with ease via secured underground parking with two designated spaces and take the elevator up to just steps from your door. Large individual and secured storage room in garage. This condo is meticulously maintained and impeccably clean, this residence is truly move-in ready. Perfectly tucked away beside the golf course in a beautiful park-like community, yet just around the corner from the shops, dining, movies and vibrant energy of downtown Sugarhouse. This location is hard to beat! Sq ft figures provided as courtesy estimate only and were obtained from previous MLS . Buyer to verify all info.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FOREST GLEN
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2156478
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FOREST GLEN
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2156478
List Price
$550,000
HOA Fees
$560 / Monthly
Annual Taxes
$2,981
Home Warranty
No
List Price
$550,000
HOA Fees
$560 / Monthly
Annual Taxes
$2,981
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
40% above
vs Market Median
6% above
Area Growth (YoY)
0.9%
Deal Score Breakdown
30/100
LT net cashflow -$427/mo (-9.9% return on ownership cost) · STR net cashflow -$2,297/mo (-53.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 6% above the per-subtype city median
Priced 40% above the median of similar listings
0.9% 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
$4,430/mo
Range: $3,375 – $5,485
Net Monthly Cash Flow
−$428 /mo (−$5,133/yr)
Monthly rental income
Monthly ownership cost
Coverage
102%
Net /mo
−$427
DSCR
1.40
Est. Annual Revenue
$34,770/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,298 /mo (−$27,579/yr)
Monthly STR income
Monthly ownership cost
Coverage
67%
Net /mo
−$2,297
DSCR
0.73
Elementary
Nibley ParkMiddle School
ClaytonHigh School
HighlandSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-4% vs median
56 days
618
$184,000 – $7,995,000
$2,981
$560/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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