Question 1

What is the asking price for 416 SCOTT, Salt Lake City?

Accepted Answer

416 SCOTT, Salt Lake City is listed at $2,200,000 ($246/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 416 SCOTT, Salt Lake City have?

Accepted Answer

This Residential features 18 bedrooms, 12 bathrooms, 8,958 square feet of living space.  The lot is 0.66 acres.

Question 3

When was 416 SCOTT, Salt Lake City built?

Accepted Answer

This property was built in 1953, making it 73 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 416 SCOTT, Salt Lake City?

Accepted Answer

416 SCOTT, Salt Lake City is a Residential (> 4 Units). The architectural style is Stories: 2. It is located in the PLAT A subdivision.

Question 5

Does 416 SCOTT, Salt Lake City have a garage or parking?

Accepted Answer

Yes, this property includes a 8-car garage and a carport. Total parking capacity: 10 vehicles.

Question 6

Is there an HOA for 416 SCOTT, Salt Lake City?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 416 SCOTT, Salt Lake City?

Accepted Answer

Annual property taxes for this property are approximately $11,797 (about $983/month). This represents an effective tax rate of approximately 0.54% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

Is 416 SCOTT, Salt Lake City a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Strong Cash Flow" with a deal score of 90/100. Key deal signals: $4,095/mo LT net cash flow (+27.2% return on spend).  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

What would the monthly mortgage payment be for 416 SCOTT, Salt Lake City?

Accepted Answer

At the current 30-year mortgage rate of 6.52% with 20% down, the estimated monthly principal and interest payment is $11,148. Including estimated taxes, the total monthly cost is approximately $12,131. A 15-year mortgage at 5.84% would be $14,700/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 10

How long has 416 SCOTT, Salt Lake City been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Salt Lake City is 47 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 11

Is 416 SCOTT, Salt Lake City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $261,258 with a gross rental yield of 11.9%. Net rental yield (after estimated expenses): 7.7%.  Estimated debt service coverage ratio (DSCR): 1.72. Investor score: 45/100. These are estimates based on area comparables.

Question 12

What is the estimated rental income for 416 SCOTT, Salt Lake City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $21,772 ($261,264/year). The gross rent multiplier is 8.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 13

What lifestyle features does 416 SCOTT, Salt Lake City offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Investor Special. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.

Question 14

What recreation is near 416 SCOTT, Salt Lake City?

Accepted Answer

This property has a recreation score of 64/100. Nearby recreation includes: General Holm (JRP) trailhead (2.3 mi); Mini Park #2 park (0.4 mi); Nibley Park Golf Course (0.8 mi); This Is The Place Heritage Park (5.1 mi). Skiing: Snowbird Ski and Summer Resort (14.3 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 15

Are there hiking trails near 416 SCOTT, Salt Lake City?

Accepted Answer

Yes, the nearest trailhead is General Holm (JRP), just 2.3 miles from the property. This Is The Place Heritage Park is 5.1 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 16

What amenities and services are near 416 SCOTT, Salt Lake City?

Accepted Answer

This property has an amenity proximity score of 76/100. Nearby services include: Grocery: Ma & Paws Bakery...& DIY Dog Wash (1.2 mi); Hospital: Salt Lake Surgical Center (0.8 mi); Pharmacy: Walgreens Pharmacy (1.6 mi); Dining: Hruska's Kolaches (2.1 mi). Gas station: 1.3 miles. Gym: Epic Fitness (2.0 mi).

Question 17

How far is the nearest hospital from 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest hospital is Salt Lake Surgical Center, approximately 0.8 miles from the property. The nearest fire station is 1.0 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 416 SCOTT, Salt Lake City?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other. There are 2 schools within 3 miles of this property. The highest-rated nearby school is William Penn School with a 58% state performance score (1.9 miles away).

Question 19

What high school is near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 20

What elementary school is near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest elementary school is None/Other (1.9 miles away). State performance score: 58%. District: Granite District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 21

What middle school is near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest middle school is None/Other.

Question 22

What is the internet speed at 416 SCOTT, Salt Lake City?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (1000 Mbps, Fiber). Total providers: 15.

Question 23

Is 416 SCOTT, Salt Lake City in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 24

How does this listing compare to the Salt Lake City market?

Accepted Answer

416 SCOTT, Salt Lake City is listed at $2,200,000, which is above the Salt Lake City median of $580,150 by $1,619,850. There are currently 664 active listings in Salt Lake City. Homes in Salt Lake City sell in an average of 47 days. The average sale-to-list ratio is 99.3%.

Question 25

What is the Salt Lake City real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Salt Lake City is $580,150. There are currently 664 active listings. Homes sell in an average of 47 days. The average sale-to-list ratio is 99.3%. This listing at $2,200,000 is above the Salt Lake City 2026 median.

Question 26

Are there other homes for sale in Salt Lake City?

Accepted Answer

Yes — there are currently 664 active listings in Salt Lake City. Browse all Salt Lake City homes for sale at propaired.ai/listings/ut/salt-lake-city. Prices range around a median of $580,150. Homes in Salt Lake City are selling in about 47 days on average.

Question 27

What is the Salt Lake City neighborhood like?

Accepted Answer

Utah's capital and largest city. Major job center with urban amenities, diverse neighborhoods, excellent schools, vibrant downtown. Gateway to skiing and outdoor recreation. Mixed urban/suburban living. Salt Lake City is known for: urban, diverse, job-center, walkable. Population: approximately 199,000. Explore the full Salt Lake City market data and community guide on Propaired.

Question 28

How does this price compare to the Utah state average?

Accepted Answer

At $2,200,000, this property is above the Utah state median of $522,000 by $1,678,000. Salt Lake City prices are 11% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 29

What is the Propaired intelligence score for 416 SCOTT, Salt Lake City?

Accepted Answer

This property has a Propaired intelligence score of 63/100, combining deal value (90), recreation access (64), amenity proximity (76), broadband quality (100), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What is the commute like from 416 SCOTT, Salt Lake City?

Accepted Answer

416 SCOTT, Salt Lake City is located in Salt Lake City, in the Wasatch Front region of Utah. With a population of approximately 199,000, Salt Lake City has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 31

What shopping and dining is near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest restaurant is Hruska's Kolaches (2.1 miles away) and the nearest grocery store is Ma & Paws Bakery...& DIY Dog Wash (1.2 miles). Coffee: Higher Ground Coffee (2.4 mi). Banking: Wells Fargo Bank (1.3 mi). Overall amenity proximity score: 76/100.

Question 32

What is the Salt Lake City community like?

Accepted Answer

Salt Lake City is known for: urban, diverse, job-center, walkable, outdoor-access. The city has approximately 199,000 residents. The median home price in Salt Lake City is $650,000. Explore the full Salt Lake City community profile on Propaired for detailed neighborhood insights.

Question 33

What would homeowner's insurance cost for 416 SCOTT, Salt Lake City?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $2,200,000, expect approximately $6,600-$11,000/year ($550-$917/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 34

What are the estimated closing costs for 416 SCOTT, Salt Lake City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $2,200,000, expect approximately $44,000-$110,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 35

How does the property tax compare to the list price at 416 SCOTT, Salt Lake City?

Accepted Answer

The annual property tax of $11,797 represents an effective rate of 0.54% relative to the list price of $2,200,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 36

What are the total estimated monthly costs for 416 SCOTT, Salt Lake City?

Accepted Answer

Estimated total monthly housing cost: $12,864. This includes principal & interest ($11,148 at 6.52% with 20% down), property tax ($983/mo), and estimated insurance (~$733/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 37

Is 416 SCOTT, Salt Lake City eligible for FHA or VA financing?

Accepted Answer

At $2,200,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 38

What is the estimated cap rate for 416 SCOTT, Salt Lake City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 7.7%, based on estimated annual rent of $261,258 and a purchase price of $2,200,000. A cap rate above 6% is generally considered strong for residential investment.

Question 39

Is Salt Lake City a good rental market?

Accepted Answer

Estimated monthly rent in Salt Lake City is approximately $15,677. Homes in Salt Lake City sell in an average of 47 days, indicating healthy demand in this market. There are 664 active listings currently. Gross rental yield in this area: 11.9%. Utah's steady population growth continues to drive rental demand.

Question 40

Could 416 SCOTT, Salt Lake City be a 1031 exchange property?

Accepted Answer

Yes, 416 SCOTT, Salt Lake City could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 41

Is the Salt Lake City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.6% over the past year. The current Zillow Home Value Index for this area is $1,429,265. This listing is priced at 154% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 42

What is the price trend in Salt Lake City?

Accepted Answer

Salt Lake City's median price has increased 13.3% month-over-month. Current median: $580,150. Days on market have decreased by 12.5% month-over-month. Homes are selling at 99.3% of list price on average. Monitor these trends to time your offer strategically.

Question 43

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is William Penn School at #191 statewide (58% performance score). Other ranked nearby schools include Horizon School (#217). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 44

What parks are near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest local park is Mini Park #2 (0.4 miles away). The nearest state park is This Is The Place Heritage Park (5.1 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 45

Is there a golf course near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest golf course is Nibley Park Golf Course, 0.8 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 46

What water activities are near 416 SCOTT, Salt Lake City?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (25.0 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 47

Is 416 SCOTT, Salt Lake City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 48

What updates might 416 SCOTT, Salt Lake City need?

Accepted Answer

At 73 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 49

Does 416 SCOTT, Salt Lake City come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 50

What is the lot like at 416 SCOTT, Salt Lake City?

Accepted Answer

The lot is 0.66 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 51

Is there EV charging near 416 SCOTT, Salt Lake City?

Accepted Answer

The nearest EV charging station is ZEF Charging Station, approximately 0.4 miles from the property. With a 8-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

416 SCOTT, Salt Lake City, UT 84115

416 E SCOTT AVE, Salt Lake City, UT 84115

About This Property

Property Info

Financial

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation Nearby
Score: 64/100

Amenities Nearby
Score: 76/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Lot & Land

Parking

Amenities

Schools

Timeline

Media

Salt Lake City Market Context

Crime & Safety

Salt Lake City compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$1,600,000

$6,200,000

$12,000,000

Find Your Dream Home

Frequently Asked Questions

Discover

416 SCOTT, Salt Lake City, UT 84115

416 E SCOTT AVE, Salt Lake City, UT 84115

About This Property

Property Info

Financial

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Schools

Recreation & Amenities

Recreation NearbyScore: 64/100

Amenities NearbyScore: 76/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Lot & Land

Parking

Amenities

Schools

Timeline

Media

Salt Lake City Market Context

Crime & Safety

Salt Lake City compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$1,600,000

$6,200,000

$12,000,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 64/100

Amenities Nearby
Score: 76/100