Owner
$794,541
1202 E COLIMA DR, SANDY, UT
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
5
baths
3
sq. ft.
3,419
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality C
Good Condition
Living Area
Attached Garage
1 Story
Partial Basement
Central
Spa or Hot Tub (Only)
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1980
Building Size
3,419 sq ft
Lot Size
8,276 sq ft
Lot Size (Acres)
0.19 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
28-20-255-014-0000
County
Salt Lake County, UT
Metro Area
Salt Lake City-Murray, UT
Zoning
1108
Neighborhood/Subdivision
SILVER RIDGE SUB
Lot Number
266
School District
Canyons School District
Legal Description
LOT 266, SILVER RIDGE SUB #2 5023-0688 5339-1176 5346-0796 8573-7586,7596 8873-2888,2906 10491-331 10539-4021 10539-4021 11020-9850 11130-7682 11176-7139
Tax & Value Information
Market Value (Total)
$688,800
Building Value
$576,100
Land Value
$112,700
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$688,800
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
7/13/2021
Recording Date
7/14/2021
Sales Document #
2021.13717563
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$30,744
Return on Investment
15.60%
After Repair Value
$873,995
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$715,087
Renovation Cost
$39,727
Closing Costs (buying)
$14,302
Holding Costs
$21,695
Selling Costs
$52,440
Total Investment
$197,046
After Repair Value (ARV)
$873,995
Total Costs
$843,251
Estimated Profit
$30,744
Cash Invested
$182,744
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area