Maximize the profit potential of

3242 E Margie Ave,Salt Lake City, UT 84109

5

beds

2

baths

2,409

sqft

Built

1951
8,712

sqft Lot

2

stories

2

car garage

A/C

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3242 E Margie Ave
Home value
Details
Homeowner tools
Reno ROI
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 3242 E Margie Ave, Salt Lake City, UT 84109

Located in the Canyon Rim Add neighborhood, this property was built in 1951.

General details

Table iconBuilt in:1951
Table iconBedrooms:5
Table iconBathrooms:2
Table iconSchool district:Granite District
Table iconCounty:Salt Lake

Price and tax history

Table iconLand value:$153,900
Table iconProperty tax:$3,602.82
Table iconProperty tax year:2021
Table iconSale date:02/03/2023
Table iconSale price:$655,000

Interior details

Table iconBasement:Yes
Table iconStories/floors:2
Table iconWaterfront:No
Table iconTotal rooms:13

3242 E Margie Ave information

Table iconType:Rambler/Ranch
Table iconUse:Single Family Residence
Table iconLot size:8,712 sqft
Table iconBuilding size:2,409 sqft

Exterior of the house

Table iconGarage:2 cars, Detached garage
Table iconRoof:Asphalt
Table iconExternal walls:Brick
Table iconPool:No

House fixtures

Table iconHeating:Forced Air, Gas: Central
Table iconFire place:No
Table iconAir Conditioning:Central
Table iconHeater replacement:-

This beautiful 2 story residential property has 2,409 sq ft of living space. It has a 2-car garage space. In total, the home has 13 rooms.

This house has A/C to keep your home cool and comfortable.

The nearest school district is Granite District and the distance to the nearest school is 0.5 miles.

This property was last sold for $655,000 on 02/03/2023 and its property tax value is $3,602.82 from 2021

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

3242 E Margie Ave could benefit from a Kitchen renovation, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 84109.

Unlock now
Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

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Contractor Solutions
Contractor Solutions

Around Salt Lake City, there are 1624 vetted contractors. Find the best one for your renovation project

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Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 3242 E Margie Ave you should think about remodeling your Kitchen, it can provide an ROI around 2%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Salt Lake City, UT is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Kitchen Renovation
$43,259
Master Bathroom Renovation
$21,895
Full Bathroom Renovation
$11,787
Bedroom Renovation
$4,953
Cost to renovate
$81,893
Increase in home value 
$83,532

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 84109, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 33.7% growth in 5 years, with a statistical range between 27.94% and 39.48%
For zip code 84109, the graph shows a projected growth of 33.7% over the next five years, with a statistically significant range of growth between 27.94% and 39.48%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
33.7
polygon%

5 YEAR GROWTH

NOW

-2.5%

GROWTH

1 YEARS

+4.16%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Know Your Neighborhood

Neighborhood overview around 3242 E Margie Ave

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Car-Dependent

Almost all errands require a car

Transit

Minimal transit

It is possible to get on a bus

Crime

Less than US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Few high-risk hazards

High risk of Snowfalls, Floods, or Avalanches

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes

Subject home

Home Value

$648,500

Sale date 1/11/20

3242 E Margie Ave, Salt Lake City, UT

Property condition score

661

-122

5 Beds

2 Baths

1951 Year built

2,409 sqft

$269 /sqft

8,712 sqft lot

Comps

+0.02%

More expensive than similar sales

-2.7 Score

Property condition score is lower than average

+1 Beds

Similar sales have 4 beds average

+370.6 sqft

This property has a bigger building size than average

-3 years

Older than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 3180 S Metropolitan Way, Salt Lake City, UT 84109 $595,000 09/19/2022 3 / 2.0 2,230 1951 9,147
2 3189 S 3075 E, Salt Lake City, UT 84109 $500,000 11/04/2022 3 / 2.0 1,862 1962 10,890
3 3333 S Terrace View Dr, Salt Lake City, UT 84109 $525,000 08/22/2022 3 / 2.0 1,170 1956 9,583
4 3073 S Grace St, Salt Lake City, UT 84109 $787,000 09/16/2022 3 / 3.0 2,424 1951 10,018
5 3341 E Elgin Dr, Salt Lake City, UT 84109 $760,000 08/26/2022 4 / 2.0 1,900 1952 10,454
6 2985 S Gloria St, Salt Lake City, UT 84109 $400,000 11/14/2022 3 / 1.0 1,110 1951 10,018
7 2982 S Metropolitan Way, Salt Lake City, UT 84109 $575,000 10/17/2022 4 / 1.0 1,620 1951 9,147

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

3180 S Metropolitan Way, Salt Lake City, UT 84109

$595,000

09/19/2022

3 / 2.0

2,230

1951

9,147

3189 S 3075 E, Salt Lake City, UT 84109

$500,000

11/04/2022

3 / 2.0

1,862

1962

10,890

3333 S Terrace View Dr, Salt Lake City, UT 84109

$525,000

08/22/2022

3 / 2.0

1,170

1956

9,583

3073 S Grace St, Salt Lake City, UT 84109

$787,000

09/16/2022

3 / 3.0

2,424

1951

10,018

3341 E Elgin Dr, Salt Lake City, UT 84109

$760,000

08/26/2022

4 / 2.0

1,900

1952

10,454

2985 S Gloria St, Salt Lake City, UT 84109

$400,000

11/14/2022

3 / 1.0

1,110

1951

10,018

2982 S Metropolitan Way, Salt Lake City, UT 84109

$575,000

10/17/2022

4 / 1.0

1,620

1951

9,147

Neighborhood schools

1
Eastwood School(Elementary)

Rating 8/10  |  Distance: 0.5 miles   |  Private

2
Montessori Of Salt Lake(Elementary)

Distance: 0.6 miles   |  Private

3
Upland Terrace School(Elementary)

Rating 7/10  |  Distance: 1.0 miles   |  Private

4
Mount Olympus Christian Child Development(Elementary)

Distance: 1.0 miles   |  Private

5
Buttons N Bows(Elementary)

Distance: 1.4 miles   |  Private

6
Canyon Rim Academy(Middle)

Rating 7/10  |  Distance: 0.5 miles   |  Private

7
Rosecrest School(Middle)

Rating 6/10  |  Distance: 1.0 miles   |  Private

8
Morningside School(Middle)

Rating 7/10  |  Distance: 1.5 miles   |  Private

9
Reid School(High)

Distance: 0.5 miles   |  Private

10
Skyline High(High)

Rating 6/10  |  Distance: 0.8 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

May

Prune shrubs around A/C units
Pruning shrubs helps ensure that the A/C unit is receiving enough airflow, which is critical for the unit to operate efficiently and effectively.

May

Have air conditioner inspected & serviced
Servicing helps keep the air conditioner working optimally, so on the very hottest days your home still stays cool. Additionally, regular servicing can help to ensure that the air conditioner not wasting any electricity.

May

Fertilize lawn and mulch garden beds
Fertilizers provide essential nutrients to the soil for stronger grass, while mulching helps plants by retaining moisture and suppressing weeds. Mulching also helps to insulate the soil.

May

Plant flowers and shrubs in front to boost curb appeal
Adds a pop of color, texture, and character to your curb appeal. Adding flowers and shrubs can increase the value of your home, create a welcoming entrance, and provide a sense of pride in your outdoor living space.

Why?

Pruning shrubs helps ensure that the A/C unit is receiving enough airflow, which is critical for the unit to operate efficiently and effectively.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 3242 E Margie Ave, Salt Lake City, UT 84109

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