821 OLIVIA, Salt Lake City, UT 84107
3BD/—BA Residential in Salt Lake City, UT 84107. 2,500 sqft. Built 2011. Listed at $687,500. MLS #2157843.
3BD/—BA Residential in Salt Lake City, UT 84107. 2,500 sqft. Built 2011. Listed at $687,500. MLS #2157843.
Tue, Jul 7, 4:30 PM - 6:30 PM
Price Reduction! Motivated seller. Open House Wednesday, July 1 and Thursday, July 2 from 4:30pm-6:30pm. This twin home-style townhome is located in a quiet, small, subdivision in the heart of desirable Millcreek. With a vaulted ceiling and an open floor plan, this rambler is ideal for main floor living. The master bedroom suite has a private newly renovated bathroom (separate tub and shower) and walk-in closet. Also on the main floor is the den/office, laundry, kitchen with waterproof Pergo Timberwood flooring, shaker-style cabinets, granite countertops, stainless steel appliances, gas stove, pantry, breakfast bar, open dining area, and large living area, half bath, plus a private balcony. The lower level has a sizeable living area, two bedrooms with ample-sized closets, a gas fireplace, three-quarter bath with full-sized shower and a BONUS walk-out basement. The rear yard is fully fenced, with an amazing new patio area perfect for pets and entertaining. With a spacious 2 car garage, and a newer (1 1/2 years) high efficiency A/C and Furnace this place is a must see! Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain independent measurements.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
WOODLAND COVE PUD
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.11 sq ft
Above Grade Area
1,254 sq ft
Condition
Blt./Standing
MLS #
2157843
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
WOODLAND COVE PUD
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.11 sq ft
Above Grade Area
1,254 sq ft
Condition
Blt./Standing
MLS #
2157843
List Price
$687,500
HOA Fees
$320 / Monthly
Annual Taxes
$4,397
Home Warranty
No
List Price
$687,500
HOA Fees
$320 / Monthly
Annual Taxes
$4,397
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
25/100
vs Similar Homes
37% above
vs Market Median
18% above
Area Growth (YoY)
1.6%
Deal Score Breakdown
25/100
1.6% year-over-year ZHVI growth in this area
Priced 37% above the median of similar listings
Priced 18% above the per-subtype city median
LT net cashflow -$1,743/mo (-34.5% return on ownership cost) · STR net cashflow -$2,468/mo (-48.8% 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.
Monthly Rent
$3,763/mo
Range: $2,754 – $4,772
Net Monthly Cash Flow
−$1,743 /mo (−$20,918/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,743
DSCR
0.96
Est. Annual Revenue
$44,332/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,469 /mo (−$29,626/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$2,468
DSCR
0.75
Elementary
Twin PeaksMiddle School
BonnevilleHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
+17% vs median
39 days
660
$175,000 – $7,995,000
$4,397
$320/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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