For SaleRisky Deal13 days on market
246 S Iowa St
246 S Iowa St, Salt Lake City, UT 84102, Salt Lake City, UT 84102
$499,000
Estimate®:$482,500
Listing Price
246 S Iowa St, Salt Lake City, UT 84102
Loc: Salt Lake City, UT
Days Listed
13
Tax Assessed
$452k
Estimate®
$483k
Market Rate
Lot Size
3,485 sqft
Rent Estimate
$2,238/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Wasatch School
K-6
0.5 mi away
4
Salt Lake Center for Science Education Bryant
7-8
0.4 mi away
3
East High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1908Forced Air, CentralCentral Air2 Open Parking spaces3,484 sqft13 Days$342
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.27%
Total ROI
29.9%
Cash Flow
$-1,231/mo
DSCR
0.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,231/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salt Lake City, UT
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-10 | Price change | $499,000 | $342 |
| 2023-11-22 | Pending sale | $479,900 | $329 |
| 2023-10-26 | Price change | $479,900 | $329 |
| 2023-10-04 | Price change | $499,900 | $342 |
| 2023-09-08 | Price change | $519,900 | $356 |
| 2023-08-19 | Price change | $529,900 | $363 |
| 2023-07-27 | Listed for sale | $539,900 | $370 |
| 2023-07-13 | Pending sale | $539,900 | $370 |
| 2023-06-08 | Listed for sale | $539,900 | $370 |
| 2019-06-17 | Listing removed | $425,000 | $291 |
| 2019-06-04 | Price change | $425,000 | $291 |
| 2019-05-17 | Listed for sale | $449,900 | $308 |
| 2019-02-22 | Listing removed | $345,000 | $236 |
| 2019-02-13 | Price change | $345,000 | $236 |
| 2019-01-31 | Price change | $349,000 | $239 |
| 2019-01-24 | Listed for sale | $359,000 | $246 |
| 2016-06-27 | Sold | $0 | – |
| 1995-07-21 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,299.1 | $248,820 |
| 2024 | $2,343.75 | $245,960 |
| 2023 | $2,065.09 | $208,890 |
| 2022 | $2,267.72 | $215,215 |
| 2021 | $2,144.92 | $184,305 |
| 2020 | $2,151.95 | $176,000 |
| 2019 | $1,937.05 | $149,050 |
| 2018 | $1,911.68 | $134,200 |
| 2017 | $1,790.9 | $245,600 |
| 2016 | $1,924.21 | $194,800 |
| 2015 | $1,607.21 | $141,200 |
| 2014 | $1,229.05 | $134,000 |
| 2013 | $0 | $152,500 |
| 2012 | $0 | $151,700 |
| 2011 | $0 | $155,800 |
| 2010 | $0 | $157,600 |
| 2009 | $0 | $161,700 |
| 2008 | $1,207.96 | $190,600 |
| 2007 | $0 | $186,600 |
| 2006 | $0 | $149,400 |
| 2005 | $0 | $129,900 |
| 2002 | $0 | $111,000 |
| 2001 | $0 | $113,400 |
| 2000 | $0 | $114,500 |
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