• Motivated Seller
  • Price cut 11%

616 N OAKLEY ST #B307, Salt Lake City, UT 84116

$199,900

Originally listed at $224,900

Est. $1,504/mo

Beds
2
Bath
1
Sq ft
916
Built
1964

Why this home stands out

  • Priced 5% below AVM estimate
  • 3.1% year-over-year market appreciation
  • 11% price reduction from original list
  • 76.0 days on market — potential negotiation opportunity

About this home

55+ community near Downtown Salt Lake City. Beautifully remodeled with a updated kitchen and all new appliances. Updated bathroom, lighting, LVP flooring, plush carpet, and fresh paint throughout. Enjoy secured covered parking and a beautifully maintained, park-like courtyard with a community pool. Modern updates, convenient location, and low-maintenance living make this a must-see!

Features

  • Pool
  • Disposal
  • Kitchen: Updated
  • Range/Oven: Free Stdng.
  • Balcony
  • Secured Parking

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by Brad Olsen

Dimension Realty Services

MLS #2179269

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See the deal analysis, value and rental income

Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.

  • Deal score
  • Estimated value
  • Rental income

Schools

Salt Lake

Nearby

Recreation

85 / 100
Show 3 more

Everyday needs

87 / 100
Show 8 more

Internet

Excellent · fiber · 100/100
  • Google Fiber

    Fiber · 8 Gbps

  • Quantum Fiber

    Fiber · 2 Gbps

  • Xfinity

    Cable · 2 Gbps

All 12 providers
  • Google FiberFiber8 Gbps8 Gbps
  • Quantum FiberFiber2 Gbps1 Gbps
  • XfinityCable2 Gbps2 Gbps
  • CenturyLinkFiber1 Gbps1 Gbps
  • VerizonFixed Wireless1 Gbps75 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • AT&TFixed Wireless100 Mbps20 Mbps
  • CenturyLinkDSL100 Mbps40 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Utah BroadbandFixed Wireless100 Mbps25 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps
  • SenaWaveFixed Wireless30 Mbps15 Mbps

Home details

Property

Type
Residential
Style
Condominium
Architectural style
Condo; Top Level
Year built
1964
Stories
1
Above grade area
916 sq ft
Condition
Blt./Standing
Construction
Aluminum,Brick
Subdivision
THE TERRACES OF ROSE
County
Salt Lake
Zoning
Multi-Family
MLS #
2179269

Costs

List price
$199,900
Original price
$224,900
HOA
$275 / Monthly
Annual taxes
$1,147
Home warranty
No

Lot and parking

Lot
436 sqft
Lot features
Sidewalks
Covered spaces
1
Total parking
1

Systems

Heating
Gas: Central
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Laminate
Basement
None
Laundry
Electric Dryer Hookup
Water
Culinary
Sewer
Sewer: Connected,Sewer: Public
All home details56 details

Property Info

Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Condition
Blt./Standing
MLS #
2179269
County
Salt Lake
Subdivision
THE TERRACES OF ROSE
Year Built
1964
New Construction
No
Stories
1
Total Rooms
5
Living Area
916 sq ft
Above Grade Area
916 sq ft
Lot Size (Acres)
0.01
Lot Size
435.6 sq ft
Zoning
Multi-Family

Bedrooms & Baths

Bedrooms
2
Total Bathrooms
1
Full Baths
1

Financial

List Price
$199,900
Original Price
$224,900
HOA Fees
$275
HOA Frequency
Monthly
HOA
Yes
Annual Taxes
$1,147
Home Warranty
No

Structure

Construction
Aluminum,Brick
Basement
None
Roof
Rubber
Flooring
Carpet,Laminate
Heating
Gas: Central
Cooling
Central Air
Laundry
Electric Dryer Hookup

Lot & Land

Lot Features
Sidewalks
Topography
Sidewalks, Terrain, Flat
Waterfront
No
Horse Property
No

Parking

Garage
No
Carport
Yes
Covered Spaces
1
Total Parking
1
ADU
No

Amenities

Fireplace
No
Pool
Yes
Spa/Hot Tub
No
Inclusions
Range

Utilities

Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Schools

Elementary
Rose Park
Middle School
Northwest
High School
West
Elementary District
Salt Lake

Timeline

Listed
Aug 17, 2026
Days on Market
51
Status
Active

Salt Lake City market

Explore Salt Lake City
  • Salt Lake City median

    $548,900

    This home: 64% below

  • Days to sell

    54

    Utah: 70

  • Homes for sale

    801

  • Price range

    $185k – $8M

  • Sale to list

    98%

  • Market

    Buyer's market

SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average

Safety rating 1.0 out of 10.

Violent

28.7

per 1,000 · national 3.6

Property

83.9

per 1,000 · national 17.6

vs Utah

+217%

46.4 per 1,000 statewide

vs Salt Lake

+118%

67.5 per 1,000 countywide

Society

34.5

per 1,000

Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

THE TERRACES OF ROSE

616 N OAKLEY ST #B307, Salt Lake City, UT 84116

Open in map search

Common questions

About 616 N OAKLEY ST #B307, Salt Lake City, Utah
What is the asking price for 616 N OAKLEY ST #B307, Salt Lake City?

616 N OAKLEY ST #B307, Salt Lake City is listed at $199,900 ($218/sqft). The original list price was $224,900, representing a reduction of $25,000. This listing is currently active and available for showings.

Is 616 N OAKLEY ST #B307, Salt Lake City a good deal?

Propaired's AI deal analysis classifies this property as a "Motivated Seller" with a deal score of 83/100. Key deal signals: Priced 5% below AVM estimate; 3.1% year-over-year market appreciation; 11% price reduction from original list. The price is 2% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 616 N OAKLEY ST #B307, Salt Lake City a good investment property?

Based on market rental data, this property has an estimated annual rent of $16,161 with a gross rental yield of 8.1%. Net rental yield (after estimated expenses): 5.3%. Estimated debt service coverage ratio (DSCR): 1.09. Investor score: 64/100. These are estimates based on area comparables.

What lifestyle features does 616 N OAKLEY ST #B307, Salt Lake City offer?

Propaired's AI has identified 4 lifestyle features for this property: Pool, Gated Community, Master Planned, Bikeable. The primary lifestyle niche is "master_planned." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 616 N OAKLEY ST #B307, Salt Lake City?

This property has a recreation score of 85/100. Nearby recreation includes: Rose Park Golf Course trailhead (1.6 mi); Rose Park Tot Lot Park park (0.2 mi); Roots Disc Golf Course (0.7 mi); Jordan River OHV State Park (1.8 mi). Skiing: Solitude Mountain Resort (20.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 616 N OAKLEY ST #B307, Salt Lake City?

This property has an amenity proximity score of 87/100. Nearby services include: Grocery: Dollar General (0.7 mi); Hospital: VA Medical Hospital (5.2 mi); Pharmacy: SavOn Pharmacy (0.7 mi); Dining: Leatherby's Family Creamery (1.3 mi). Gas station: 1.0 miles. Gym: Wild Yogi (6.5 mi).

All 8 questions
What schools serve 616 N OAKLEY ST #B307, Salt Lake City?

Assigned schools: Elementary: Rose Park; Middle: Northwest; High: West. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Salt Lake Center for Science Education with a 59% state performance score (0.8 miles away). School district: Salt Lake.

What is the internet speed at 616 N OAKLEY ST #B307, Salt Lake City?

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (100 Mbps, DSL). Total providers: 12.

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