2233 500, Salt Lake City, UT 84106
3BD/—BA Residential in Salt Lake City, UT 84106. 1,699 sqft. Built 2001. Listed at $499,000. MLS #2167970.
3BD/—BA Residential in Salt Lake City, UT 84106. 1,699 sqft. Built 2001. Listed at $499,000. MLS #2167970.
Welcome to one of Sugar House's most beautifully updated condos, a truly move-in-ready home. The open floor plan is filled with natural light from a dramatic three-story skylight, while the striking floor-to-ceiling black stone fireplace serves as the centerpiece of the sophisticated, modern main living area! Recent upgrades include premium flooring throughout, a stunning European-style walk-in shower, refreshed cabinetry, and stylish finishes that complement existing stone countertops, custom lighting, and a relaxing jetted tub. Major system updates include a new roof, new HVAC system with heat pump, water filtration system, water softener, and recently replaced water heater. Located in a secure gated community along the TRAX S-Line, you'll enjoy convenient access to downtown Salt Lake City, the University of Utah, the airport, and all that Sugar House has to offer.
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
OLD MILL COURT CONDO AMD
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,699 sq ft
Condition
Blt./Standing
MLS #
2167970
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
OLD MILL COURT CONDO AMD
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,699 sq ft
Condition
Blt./Standing
MLS #
2167970
List Price
$499,000
HOA Fees
$290 / Monthly
Annual Taxes
$2,296
Home Warranty
No
List Price
$499,000
HOA Fees
$290 / Monthly
Annual Taxes
$2,296
Home Warranty
No
Heating
Gas: Central,Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump,Seer 16 or higher
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central,Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump,Seer 16 or higher
Roof
Asphalt
Basement
None
Materials
Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
10/100
vs Similar Homes
20% above
vs Market Median
29% above
Area Growth (YoY)
0.5%
Deal Score Breakdown
10/100
LT net cashflow -$637/mo (-17.4% return on ownership cost) · STR net cashflow -$1,600/mo (-43.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 20% above the median of similar listings
Priced 29% above the per-subtype city median
0.5% 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.
Monthly Rent
$3,425/mo
Range: $2,655 – $4,196
Net Monthly Cash Flow
−$638 /mo (−$7,650/yr)
Monthly rental income
Monthly ownership cost
Coverage
94%
Net /mo
−$637
DSCR
1.20
Est. Annual Revenue
$35,162/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,601 /mo (−$19,216/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$1,600
DSCR
0.82
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
$587,500
-15% vs median
39 days
660
$175,000 – $7,995,000
$2,296
$290/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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