241 VINE, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 1,085 sqft. Built 1977. Listed at $399,900. MLS #2173867.
1BD/—BA Residential in Salt Lake City, UT 84103. 1,085 sqft. Built 1977. Listed at $399,900. MLS #2173867.
This condo has newer windows! Watch the weather, coming and going! Stunning panoramic view of Rocky Mountains to the Oquirrh Mountains and front-row seat for jaw-dropping sunsets over the Great Salt Lake, and overlooking Salt Lake City. This ideally located corner unit feels as though you are on an upper floor with it's remodeled floor plan and position atop a hillside as well as a rarely available west facing balcony overlooking the cityscape and pool. Walk one block south to Temple Square, four blocks to Abravanel Hall, Ballet West or to Eccles Theater, the Delta Center, and City Creek Park. Two blocks north is the State Capitol in the Marmalade/Capitol Hill districts with a new Library on 300 West. From your location a short 30-minute drive will have you in Park City or other major ski venues. Remodeled to see city views and updated with form and function in mind. Newer stainless refrigerator, range, and microwave. Across the hall from same-floor laundry room. Large walk-in hanging organized closet and second smaller pantry closet space. Lots of storage! Water shut-off's installed to control each bathroom and kitchen areas. Large, individual secure storage located near parking space on B level. Seller owns one parking space, Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stone
Lot Size
0.01 sq ft
Above Grade Area
1,085 sq ft
Condition
Blt./Standing
MLS #
2173867
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
ZION SUMMIT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Composition,Stone
Lot Size
0.01 sq ft
Above Grade Area
1,085 sq ft
Condition
Blt./Standing
MLS #
2173867
List Price
$399,900
HOA Fees
$641 / Monthly
Annual Taxes
$1,700
Home Warranty
No
List Price
$399,900
HOA Fees
$641 / Monthly
Annual Taxes
$1,700
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Composition,Flat,Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stone
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Composition,Flat,Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Composition,Stone
Appliances
Microwave,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
14% below
vs Market Median
0% above
Area Growth (YoY)
-0.9%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 14% below the median of similar listings
Priced 0% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,863/mo (-55.3% return on ownership cost) · STR net cashflow -$2,417/mo (-71.7% 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.
Why this classification
Monthly Rent
$1,714/mo
Range: $1,437 – $1,992
Net Monthly Cash Flow
−$1,864 /mo (−$22,365/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,863
DSCR
0.73
Est. Annual Revenue
$16,360/yr
$384/night · 39% occupancy · $133/bedroom · $0.41/sqft
Net Monthly Cash Flow
−$2,416 /mo (−$28,997/yr)
Monthly STR income
Monthly ownership cost
Coverage
40%
Net /mo
−$2,417
DSCR
0.46
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-32% vs median
41 days
744
$11,000 – $7,995,000
$1,700
$641/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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Daryn Edmunds - High Road Properties

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