Question 1

What is the asking price for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

3842 SALT RIVER, South Salt Lake is listed at $320,000 ($299/sqft). The original list price was $324,000, representing a reduction of $4,000. Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 3842 SALT RIVER, South Salt Lake have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 1,070 square feet of living space. It is a 1-story home. The lot is 0.01 acres.

Question 3

When was 3842 SALT RIVER, South Salt Lake built?

Accepted Answer

This property was built in 1998, making it 28 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 3842 SALT RIVER, South Salt Lake?

Accepted Answer

3842 SALT RIVER, South Salt Lake is a Residential (Condominium). The architectural style is Condo; Top Level. It is located in the RIVER RUN CONDO subdivision. Zoning: Multi-Family.

Question 5

Does 3842 SALT RIVER, South Salt Lake have a garage or parking?

Accepted Answer

Yes, this property includes 2 open parking spaces and a carport. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $225 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Annual property taxes for this property are approximately $2,000 (about $167/month). This represents an effective tax rate of approximately 0.63% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Interior features include: Bath: Primary, Disposal, Gas Log, Range/Oven: Free Stdng., Vaulted Ceilings. Exterior features include: Balcony, Double Pane Windows, Lighting, Patio: Covered, Sliding Glass Doors. The home has 1 fireplace. Private pool included. Spa/hot tub included. View: Mountain(s).

Question 9

Is 3842 SALT RIVER, South Salt Lake a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 22/100. Key deal signals: 5.5% gross rental yield.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

Has the price been reduced on 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Yes, the price has been reduced by 1.2% from the original list price of $324,000 to the current price of $320,000 — a reduction of $4,000. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

At the current 30-year mortgage rate of 6.22% with 20% down, the estimated monthly principal and interest payment is $1,571. Including estimated taxes and HOA fees, the total monthly cost is approximately $1,963. A 15-year mortgage at 5.54% would be $2,097/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 3842 SALT RIVER, South Salt Lake been on the market?

Accepted Answer

This property has been listed for 45 days. The average days on market in South Salt Lake is 97 days, meaning this listing is moving faster than the local average.

Question 13

Is 3842 SALT RIVER, South Salt Lake a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $17,526 with a gross rental yield of 5.5%. Net rental yield (after estimated expenses): 3.6%.  Estimated debt service coverage ratio (DSCR): 0.70. Investor score: 30/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,460 ($17,520/year). The gross rent multiplier is 18.3x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 3842 SALT RIVER, South Salt Lake offer?

Accepted Answer

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

Question 16

Is 3842 SALT RIVER, South Salt Lake near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 15.5 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

Does 3842 SALT RIVER, South Salt Lake have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 18

What recreation is near 3842 SALT RIVER, South Salt Lake?

Accepted Answer

This property has a recreation score of 72/100. Nearby recreation includes: General Holm (JRP) trailhead (0.2 mi); General Holm Park park (0.2 mi); Meadowbrook Golf Course (0.5 mi); This Is The Place Heritage Park (7.0 mi); Capitol Reef NP — Cathedral Valley (160.7 mi). Skiing: Snowbird Ski and Summer Resort (15.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Yes, the nearest trailhead is General Holm (JRP), just 0.2 miles from the property. This Is The Place Heritage Park is 7.0 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What schools serve 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Assigned schools: Elementary: Roosevelt; Middle: Granite Park; High: Cottonwood.   School district: Granite.

Question 21

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

Accepted Answer

3842 SALT RIVER, South Salt Lake is listed at $320,000, which is below the South Salt Lake median of $420,000 by $100,000. There are currently 34 active listings in South Salt Lake. Homes in South Salt Lake sell in an average of 97 days. The average sale-to-list ratio is 99.4%.

Question 22

How does this price compare to the Utah state average?

Accepted Answer

At $320,000, this property is below the Utah state median of $510,000 by $190,000. South Salt Lake prices are 18% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 23

What is the Propaired intelligence score for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

This property has a Propaired intelligence score of 33/100, combining deal value (22), recreation access (72), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 24

What heating and cooling systems does 3842 SALT RIVER, South Salt Lake have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 25

What type of roof does 3842 SALT RIVER, South Salt Lake have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 28-year-old home, reviewing recent roof inspections is recommended.

Question 26

Does 3842 SALT RIVER, South Salt Lake have a basement?

Accepted Answer

Yes, the basement is described as: Slab. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 27

What is 3842 SALT RIVER, South Salt Lake constructed from?

Accepted Answer

Construction materials include: Aluminum,Stone. Stone construction provides exceptional durability and a premium aesthetic.

Question 28

What type of flooring does 3842 SALT RIVER, South Salt Lake have?

Accepted Answer

Flooring types include: Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 29

What are the water and sewer connections for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 30

What would homeowner's insurance cost for 3842 SALT RIVER, South Salt Lake?

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 $320,000, expect approximately $960-$1,600/year ($80-$133/month).   Get multiple quotes — rates vary significantly by insurer.

Question 31

What are the estimated closing costs for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $320,000, expect approximately $6,400-$16,000 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 32

How does the property tax compare to the list price at 3842 SALT RIVER, South Salt Lake?

Accepted Answer

The annual property tax of $2,000 represents an effective rate of 0.63% relative to the list price of $320,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 33

What are the total estimated monthly costs for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Estimated total monthly housing cost: $2,070. This includes principal & interest ($1,571 at 6.22% with 20% down), property tax ($167/mo), HOA ($225/mo), and estimated insurance (~$107/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 34

Is 3842 SALT RIVER, South Salt Lake eligible for FHA or VA financing?

Accepted Answer

At $320,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 35

What is the estimated cap rate for 3842 SALT RIVER, South Salt Lake?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.6%, based on estimated annual rent of $17,526 and a purchase price of $320,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 36

Is South Salt Lake a good rental market?

Accepted Answer

Estimated monthly rent in South Salt Lake is approximately $1,460. Homes in South Salt Lake sell in an average of 97 days, indicating moderate demand in this market. There are 34 active listings currently. Gross rental yield in this area: 5.5%. Utah's steady population growth continues to drive rental demand.

Question 37

Could 3842 SALT RIVER, South Salt Lake be a 1031 exchange property?

Accepted Answer

Yes, 3842 SALT RIVER, South Salt Lake 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 38

Is the South Salt Lake neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.9% over the past year. The current Zillow Home Value Index for this area is $432,135. This listing is priced at 74% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 39

What is the price trend in South Salt Lake?

Accepted Answer

South Salt Lake's median price has decreased 6.2% month-over-month. Current median: $420,000. Days on market have increased by 149.6% month-over-month. Homes are selling at 99.4% of list price on average. Monitor these trends to time your offer strategically.

Question 40

What school district is 3842 SALT RIVER, South Salt Lake in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Roosevelt. Assigned middle: Granite Park. Assigned high: Cottonwood. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 41

What parks are near 3842 SALT RIVER, South Salt Lake?

Accepted Answer

The nearest local park is General Holm Park (0.2 miles away). The nearest state park is This Is The Place Heritage Park (7.0 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (160.7 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 42

Is there a golf course near 3842 SALT RIVER, South Salt Lake?

Accepted Answer

The nearest golf course is Meadowbrook Golf Course, 0.5 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 43

What water activities are near 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (26.8 mi); boat ramp at Great Salt Lake State Marina (15.7 mi); fishing at Provo River (31.1 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 44

Is 3842 SALT RIVER, South Salt Lake move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 45

What updates might 3842 SALT RIVER, South Salt Lake need?

Accepted Answer

At 28 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Asphalt. Current heating: Forced Air,Gas: Central. 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 46

Does 3842 SALT RIVER, South Salt Lake 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 47

What is the lot like at 3842 SALT RIVER, South Salt Lake?

Accepted Answer

The lot is 0.01 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 48

What utilities are available at 3842 SALT RIVER, South Salt Lake?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 49

Does 3842 SALT RIVER, South Salt Lake have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

3842 SALT RIVER, South Salt Lake, UT 84119

3842 S SALT RIVER WAY #3, South Salt Lake, UT 84119

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Schools

Property Intelligence

Recreation & Amenities

All Property Details

South Salt Lake Market Context

Crime & Safety

Location

Similar Homes

$309,900

$319,000

$279,000

$305,000

$290,000

Find Your Dream Home

Frequently Asked Questions

Discover