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302 40th St, South Ogden, UT 84405
$1,349,000
302 40th St, South Ogden, UT 84405View this property at 302 40th St, South Ogden, UT 84405
302 40th StSouth OgdenUT84405
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Property Description
Meet the "Brooks on 40th". An architectural wonder in the heart of Ogden. This almost brand new 4-plex sits tucked below the mountains with incredible views and nearby amenities demanding top dollar rents. From quartz countertops, high-end cabinets, LVP, 13 ft high ceilings, and so many more amenities; this property will serve as an incredible addition to any investors portfolio. This property was a ground up construction project. Location is absolutely prime being less than 5 minutes away from Weber State University, McKay-Dee Hospital, and heavy commercial. P/L + Rent roll statement attached with listing. This property has been owner operated since it's completion in 2021. Property is fully occupied bringing in almost $7,500/mo in gross rent!! Tenants pay all utilities as well. See agent remarks for proforma. Square footage figures are provided as a courtesy estimate only and were obtained from original appraisal. Buyer is advised to obtain an independent measurement. Seller finance terms: Interest rate: 3.99% Purchase price: $1,349,000 Down payment: $634,000 Loan amount: $715,000 Balloon: 4 years
Full Property Details
Full Property Details for 302 40th St
General
- Price: $1,349,000
- Taxes: $5,200
- Status: Active
- Type: Multi-Family
- MLS ID: 1977655
- Updated: 5/20/2024
- Added to Site: 117 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 8
Location
- Area: Ogdn; W Hvn; Ter; Rvrdl
- County: Weber
School Information
- Elem School District: Weber
- Midd School District: Weber
- High School District: Weber
- Elementary School: Washington Terrace
- Middle School: South Ogden
- High School: Bonneville
Structural Information
- Architectural Style: Stories: 3
- Square Feet: 7,000
- Living Area: 7,000 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2021
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Landscape: Landscaping: Full
- Trees/Vegetation: Landscaping: Full
Financial Considerations
- Tax Amount: $5,200
- Terms: Cash, Conventional, Seller Finance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Inclusions: Dryer, Microwave, Range, Refrigerator, Washer, Video Camera(s)
- Property ID: 05-138-0004
Listed by Nre
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Schools
Schools serving 302 40th St
School District:Weber School District
Rating | Name | Grades | Distance |
---|---|---|---|
4300 Madison Ave, Ogden, UT 84403 | K-6 | 0.8 mi | |
650 Pleasant Valley Dr, Ogden, UT 84405 | 7-9 | 2.2 mi | |
251 E 4800 S, Ogden, UT 84405 | 10-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 40th St
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$1,349,000
-3.3%
MLS
3/13/2024
Price Reduced
$1,395,000
-0.21%
MLS
3/04/2024
Price Reduced
$1,398,000
-0.07%
MLS
1/26/2024
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 302 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,194
8%
$795,000
5%
2022
$4,819
434%
$755,000
1313%
2021
$902
20%
$53,429
38%
2020
$754
24%
$38,655
49%
2019
$608
-2%
$25,865
—
2018
$619
-2%
$25,865
—
2017
$630
9%
$25,865
12%
2016
$580
—
$23,162
—
2015
$582
1%
$23,162
—
2014
$574
-10%
$23,162
-18%
2013
$637
—
$28,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 302 40th St
302 40th St, South Ogden, UT 84405 (MLS# 1977655) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 302 40th St is currently listed for $1,349,000 and was received on January 26, 2024. Want to learn more about 302 40th St? Do you have questions about finding other Multi-Family real estate for sale in South Ogden? You can browse all South Ogden real estate or contact a Coldwell Banker agent to request more information.