• Price cut 10%

2961 S 500 E, South Salt Lake, UT 84106

$415,000

Originally listed at $460,000

Est. $2,544/mo

Beds
2
Bath
1
Sq ft
1,250
Built
1916

Why this home stands out

  • Priced 6% below AVM estimate
  • 10% price reduction from original list
Investor SpecialInvestor Special

About this home

Welcome to 2961 S 500 E, a delightful 1916 bungalow that seamlessly combines timeless character with practical modern living. This home features a comfortable main-floor layout complemented by a versatile 250 square foot attic perfect for a home office, or creative workspace. Inside, you will find 2 bedrooms, 1 full bathroom, and a warm, inviting living atmosphere designed for effortless everyday comfort. Set on a generous 0.14 acre lot, the property boasts excellent outdoor living features, including an enclosed front porch area, and a private back patio ready for summer barbecues and outdoor relaxation. Centrally located in South Salt Lake, residents will enjoy convenient access to local parks, dining, shopping, and major commuter routes throughout the Salt Lake Valley. Whether you are looking for a cozy place to call home or an investment opportunity in a growing neighborhood, this property delivers incredible value and charm. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Features

  • Fireplace
  • Alarm: Fire
  • Oven: Gas
  • Range/Oven: Free Stdng.
  • Patio: Covered
  • Porch: Screened

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP
Juston PucharVerified

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 James Johnson

Aura Real Estate, LLC

MLS #2183227

Your message goes only to Juston.

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

Granite

Nearby

Recreation

66 / 100
Show 2 more

Everyday needs

88 / 100
Show 9 more

Internet

Excellent · fiber · 100/100

  • Google Fiber

    Fiber · 8 Gbps

  • Quantum Fiber

    Fiber · 2 Gbps

  • Xfinity

    Cable · 2 Gbps

All 13 providers
  • Google FiberFiber8 Gbps8 Gbps
  • Quantum FiberFiber2 Gbps1 Gbps
  • XfinityCable2 Gbps2 Gbps
  • CenturyLinkFiber1 Gbps1 Gbps
  • VerizonFixed Wireless300 Mbps20 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • CenturyLinkDSL140 Mbps40 Mbps
  • AT&TFixed Wireless100 Mbps20 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Utah BroadbandFixed Wireless100 Mbps25 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps
  • SenaWaveFixed Wireless30 Mbps15 Mbps
  • Rise BroadbandFixed Wireless25 Mbps5 Mbps

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Bungalow/Cottage
Year built
1916
Stories
3
Above grade area
1,146 sq ft
Condition
Blt./Standing
Construction
Aluminum,Brick
Subdivision
HOMEFIELD SUB
County
Salt Lake
Zoning
Single-Family
MLS #
2183227

Costs

List price
$415,000
Original price
$460,000
Annual taxes
$2,298
Home warranty
No

Lot and parking

Lot
6,098 sqft
Lot features
Fenced: Full
Covered spaces
0
Total parking
4

Systems

Heating
Gas: Central
Cooling
Central Air,Evaporative Cooling
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Appliances
Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio and porch
Covered,Screened
Water
Culinary
Sewer
Sewer: Connected
All home details57 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Condition
Blt./Standing
MLS #
2183227
County
Salt Lake
Subdivision
HOMEFIELD SUB
Year Built
1916
New Construction
No
Stories
3
Total Rooms
7
Living Area
1,250 sq ft
Above Grade Area
1,146 sq ft
Lot Size (Acres)
0.14
Lot Size
6,098.4 sq ft
Zoning
Single-Family

Bedrooms & Baths

Bedrooms
2
Total Bathrooms
1
Full Baths
1

Financial

List Price
$415,000
Original Price
$460,000
HOA
No
Annual Taxes
$2,298
Home Warranty
No

Structure

Construction
Aluminum,Brick
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Heating
Gas: Central
Cooling
Central Air,Evaporative Cooling
Appliances
Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Screened

Lot & Land

Lot Features
Fenced: Full
Topography
Fenced: Full, Terrain, Flat
Waterfront
No
Horse Property
No

Parking

Garage
No
Carport
No
Covered Spaces
0
Open Parking
4
Total Parking
4
ADU
No

Amenities

Fireplace
Yes
Fireplaces
1
Pool
No
Spa/Hot Tub
No
Inclusions
Range, Refrigerator, Storage Shed(s), Swing Set

Utilities

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

Schools

Elementary
Woodrow Wilson
Middle School
Granite Park
High School
Cottonwood
Elementary District
Granite

Timeline

Listed
Sep 3, 2026
Days on Market
56
Status
Active

South Salt Lake market

Explore South Salt Lake

  • South Salt Lake median

    $412,000

    This home: 1% above

  • Days to sell

    70

    Utah: 70

  • Homes for sale

    36

  • Price range

    $280k – $685k

  • Sale to list

    99%

  • Market

    Seller's market

SafetyHigh Crime · 180.2 incidents per 1,000 residents · 289% above the Utah average

Safety rating 1.0 out of 10.

Violent

29.1

per 1,000 · national 3.6

Property

89.6

per 1,000 · national 17.6

vs Utah

+289%

46.4 per 1,000 statewide

vs Salt Lake

+167%

67.5 per 1,000 countywide

Society

61.5

per 1,000

Population 25,930 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

HOMEFIELD SUB

2961 S 500 E, South Salt Lake, UT 84106

Open in map search

Common questions

About 2961 S 500 E, South Salt Lake, Utah
What is the asking price for 2961 S 500 E, South Salt Lake?

2961 S 500 E, South Salt Lake is listed at $415,000 ($332/sqft). The original list price was $460,000, representing a reduction of $45,000. This listing is currently active and available for showings.

Is 2961 S 500 E, South Salt Lake a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 73/100. Key deal signals: Priced 6% below AVM estimate; 10% price reduction from original list. The price is 6% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 2961 S 500 E, South Salt Lake a good investment property?

Based on market rental data, this property has an estimated annual rent of $23,924 with a gross rental yield of 5.8%. Net rental yield (after estimated expenses): 3.8%. Estimated debt service coverage ratio (DSCR): 0.78. Investor score: 44/100. These are estimates based on area comparables.

What lifestyle features does 2961 S 500 E, South Salt Lake offer?

Propaired's AI has identified 2 lifestyle features for this property: Investor Special, Pet Friendly. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.

What recreation is near 2961 S 500 E, South Salt Lake?

This property has a recreation score of 66/100. Nearby recreation includes: James Madison trailhead (2.6 mi); Mini Park #2 park (0.2 mi); Nibley Park Golf Course (0.3 mi); This Is The Place Heritage Park (4.5 mi). Skiing: Snowbird Ski and Summer Resort (14.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 2961 S 500 E, South Salt Lake?

This property has an amenity proximity score of 88/100. Nearby services include: Grocery: Ma & Paws Bakery...& DIY Dog Wash (0.9 mi); Hospital: Dermatology for Animals - Salt Lake City (0.7 mi); Pharmacy: Walgreens Pharmacy (1.2 mi); Dining: Hruska's Kolaches (1.4 mi). Gas station: 0.9 miles. Gym: Epic Fitness (1.5 mi).

All 8 questions
What schools serve 2961 S 500 E, South Salt Lake?

Assigned schools: Elementary: Woodrow Wilson; Middle: Granite Park; High: Cottonwood. There are 4 schools within 3 miles of this property. The highest-rated nearby school is Rosecrest School with a 59% state performance score (2.9 miles away). School district: Granite.

What is the internet speed at 2961 S 500 E, South Salt Lake?

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 (140 Mbps, DSL). Total providers: 13.

Similar Homes

1/6
Active

$464,000

was $472,000

2 bd · 1 ba · 992 sqft · 6,534 sqft lot

2625 S 500 E, Salt Lake City, UT 84106

Vineyard OrchardNear State ParkNear Trailhead+6

Est. $2,699/mo

1/6
Active Under Contract
3D tour

$415,000

5 days on market

3 bd · 2 ba · 1,404 sqft · 9,148 sqft lot

2789 S 300 E, Salt Lake City, UT 84115

Single Family Residence

Est. $2,472/mo

1/6
Active

$549,999

4 days on market

2 bd · 1 ba · 1,206 sqft · 5,663 sqft lot

2812 S ALDEN ST, Salt Lake City, UT 84106

Hot Tub SpaNear State ParkNear Trailhead+7

Est. $3,221/mo

1/6
Pending

$635,000

was $665,000

3 bd · 2 ba · 1,628 sqft · 6,534 sqft lot

2621 S PARK ST, Salt Lake City, UT 84106

Single Family Residence

Est. $3,714/mo

1/6
Active

$523,800

was $536,000

4 bd · 2 ba · 1,636 sqft · 6,534 sqft lot

250 E BERYL AVE, South Salt Lake, UT 84115

Great Deal (vs Similar)WalkableNear State Park+7

Est. $3,025/mo

Explore more homes in South Salt Lake →

Find your next home

Save homes, see what they are worth and what they could rent for, and work with a local agent.

Get Started FreeBrowse more homes