$5,047 Closing Credit¹
#2076279, Sean Caldwell, Listing Office: KW South Valley Keller Williams
$399,000 List price
5 S 500 W Unit 506 Salt Lake City, UT 84101
$4,738
Closing credit¹
1 bed
1 full
643 sqft
0.01 acres
$621 / sqft
Condo
Property details
About 5 S 500 W Unit 506
Location truly is everything with this beautifully remodeled condo in the heart of Downtown Salt Lake City-situated right at The Gateway! Imagine stepping outside your building to find the grocery store downstairs, the Delta Center just across the street, endless dining, concerts, bars, and the vibrant Farmers Market all within walking distance. There is also a Dave & Buster's, a Megalplex Luxury Movie theater, and Wise Guys Comedy club just downstairs! And yet, when you step inside your unit, it's hard to believe all the energy of downtown is just beyond your door. This condo is perfectly tucked away in the building, offering rare peace and quiet amidst the buzz of city life. Enjoy stunning sunsets from your own private terrace-your own slice of serenity in the city. Inside, the unit has been thoughtfully remodeled within the last two years with luxury vinyl plank flooring, fresh paint, updated cabinetry, and high-end appliances throughout. The kitchen features a gas range with built-in air fryer and WiFi capabilities, and the full-size front-loading washer and dryer are also included. Other highlights include secure underground parking, private on-site storage, access to a fully equipped gym, and a rentable clubhouse perfect for entertaining-all for an incredibly affordable rate. Whether you're looking for urban adventure or a peaceful retreat, this condo offers the best of both worlds. Welcome home to effortless downtown living.
Highlights
Home typeCondominium
HeatingForced Air
StatusAccepting Backup Offers
(Backup)
(Backup)
CoolingCentral Air
Size643 sqft
Lot size0.01 Acres
Year built2004
ParkingCovered, Secured
MLS #2085513
Attached garage1 space
ViewValley
Summary
- Full Bathrooms: 1
- Appliances: Ceiling Fan(s), Portable Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- Interior: Alarm: Fire, Closet: Walk-In, Disposal, Kitchen: Updated, Oven: Gas, Range: Gas, Smart Thermostat(s)
- Total Bedroom Count: 1
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Parking: Covered, Secured
- View: Valley
- Exterior: Balcony, Bay Box Windows, Double Pane Windows, Entry (Foyer), Lighting, Secured Building, Secured Parking
- Architectural Style: Condo; High Rise
- Heating: Forced Air
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $620
- HOA Amount: $311 Monthly
- Annual Tax Amount: $1,518
- Tax Year: 2024
- Lot: Sidewalk
- Year Built: 2004
- Stories: 1
- Living Area: 643 SqFt
- Lot Size: 0.01 Acres
- MLS Number: 2085513
- MLS Name: UtahRealEstate.com
- Office Name: KW Salt Lake City Keller Williams Real Estate
- Office Phone: (801) 326-8800
- Listing Agent: Liz Bare Leonard
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 8:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
5 S 500 W Unit 506
$4,738
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $159,335 | $1,518 |
| 2023 | $153,175 | $1,514 |
| 2022 | $282,400 | $1,636 |
| 2021 | $239,100 | $1,530 |
| 2020 | $129,250 | $1,580 |
| 2019 | $120,890 | $1,463 |
| 2017 | $180,700 | $1,415 |
History based on county public records data.
Nearby schools
3
Mary W. Jackson School
Public District PK-6
0.6 mi
•750 W 200 N
3
Franklin School
Public District PK-6
1.0 mi
•1115 W 300 S
5
Rose Park School
Public District PK-6
1.8 mi
•1105 W 1000 N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,000. The majority of Salt Lake City, UT residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
36%
35k-100k
12%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
4%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
2%
12-17 yrs old
45%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5 S 500 W Unit 506
The listing price of 5 S 500 W Unit 506 property is $399,000.
The property 5 S 500 W Unit 506 is a condo located in Salt Lake City, Utah, 84101.
Accepting Backup Offers: 5 S 500 W Unit 506 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 5 S 500 W Unit 506 are: Mary W. Jackson School (GreatSchools Rating 3/10), Franklin School (GreatSchools Rating 3/10), Rose Park School (GreatSchools Rating 5/10), Salt Lake Arts Academy (GreatSchools Rating 8/10), Salt Lake Center for Science Education Bryant (GreatSchools Rating 3/10), Dual Immersion Academy (GreatSchools Rating 3/10), West High School (GreatSchools Rating 5/10), City Academy (GreatSchools Rating 6/10), Horizonte Instruction & Training Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,518 (source: MLS/based on county public records data).
The property at 5 S 500 W Unit 506 has 1 bedroom and 1 bathroom.
The property 5 S 500 W Unit 506 is 643 SqFt (source: MLS/tax record).
The year of construction for 5 S 500 W Unit 506 is 2004.
This home is located at 5 S 500 W Unit 506 in Salt Lake City, UT and zip code 84101 in the Rio Grande neighborhood. This 643 square foot home, which was built in 2004, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $399,000.
The number of listings in Salt Lake City, UT increased by 58.8% between March and April 2025. In April 2025 median list price was $610,182 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.