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1506 E Madrid Way; Sandy, UT Property Details

1506 E Madrid Way, Sandy, UT is a Single Family that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 1506 E Madrid Way has 5 bedrooms, and 1.75 bathrooms, and a total of 1,831 square feet. The lot size of 1506 E Madrid Way is 13,939 square feet.

Off market
1506 E Madrid Way Sandy, UT 84093
$607,400 Estimated Value
5 Beds
1.75 Baths
1,831 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Est. Equity / %: $664,000 / 100%
  • Gross Yield: 5.167%
  • APN: 22-33-330-022-0000
  • Situs County: Salt Lake
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1.75
  • Full Bathrooms: 1
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Good
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,831/SqFt
  • Lot: 13,939/SqFt
  • Gross: 2,133/SqFt
  • Garage: 286/SqFt
  • Living: 1,831/SqFt
  • Basement: 594/SqFt
  • Building: 2,117/SqFt
  • Ground: 1,237/SqFt
  • Basement Finished: 594/SqFt

Legal Description

  • Description: LOT 24, OAKWOOD ESTATES #1 4700-1324 5478-0433 6550-580 6550-0581 8078-2737 8626-1691 9128-3112 09245-0473
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Canyons School District
  • Lat / Lon: 40.60093 / -111.84823
  • Subdivision: Oakwood Estate
  • Property Class: Residential
  • Zoning: 1108
  • County Use Code: 111

Amenities

  • Plus Four: 6702
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $240
  • H O A Amount: $240
  • H O A One Frequency: Annual
  • H O A One Name: Mill Hollow Estates Hoa
  • H O A One Type: Home Owner Association

Ownership Info

1506 E Madrid Way has no associated ownership info
1506 E Madrid Way has no associated ownership info.

Taxes

1506 E Madrid Way has 8 associated Taxes items

1506 E Madrid Way, Sandy, UT pays taxes in Salt Lake County, UT. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $607,400. The APN we've located for 1506 E Madrid Way is 22-33-330-022-0000.

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Taxes
  • Assessed Value:  $607,400
  • Assessed Year:  2025
  • Assessed County:  Salt Lake
  • APN:  22-33-330-022-0000
  • Assessed Land Value:  185400
  • Market Land Value:  185400
  • Market Value:  607400
  • Market Year:  2025

Tax History

1506 E Madrid Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $607,400 Land Value $185,400 Improvement Value $422,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $572,300 Land Value $171,600 Improvement Value $400,700 Tax Amount $3,053.22 Change Rate +0.030296% Assessed CR Tax Rate +0.005335%
Year 2023 Assessed Value $554,500 Land Value $163,100 Improvement Value $391,400 Tax Amount $2,963.44 Change Rate +0.092017% Assessed CR Tax Rate +0.005344%
Year 2022 Assessed Value $499,500 Land Value $159,900 Improvement Value $339,600 Tax Amount $2,713.73 Change Rate +0.159322% Assessed CR Tax Rate +0.005433%
Year 2021 Assessed Value $366,800 Land Value $143,900 Improvement Value $222,900 Tax Amount $2,340.79 Change Rate +0.065094% Assessed CR Tax Rate +0.006382%
Year 2020 Assessed Value $325,000 Land Value $131,700 Improvement Value $193,300 Tax Amount $2,197.73 Change Rate +0.223313% Assessed CR Tax Rate +0.006762%
Year 2019 Assessed Value $259,200 Land Value $124,200 Improvement Value $135,000 Tax Amount $1,796.54 Change Rate +0.068816% Assessed CR Tax Rate +0.006931%
Year 2018 Assessed Value $253,600 Land Value $124,200 Improvement Value $129,400 Tax Amount $1,680.87 Change Rate +0.002924% Assessed CR Tax Rate +0.006628%
Year 2017 Assessed Value $241,900 Land Value $124,200 Improvement Value $117,700 Tax Amount $1,675.97 Change Rate -0.001519% Assessed CR Tax Rate +0.006928%
Year 2016 Assessed Value $234,200 Land Value $124,200 Improvement Value $110,000 Tax Amount $1,678.52 Change Rate -0.002591% Assessed CR Tax Rate +0.007167%
Year 2015 Assessed Value $217,700 Land Value $129,200 Improvement Value $88,500 Tax Amount $1,682.88 Change Rate +0.025102% Assessed CR Tax Rate +0.00773%
Year 2014 Assessed Value $208,600 Land Value $125,400 Improvement Value $83,200 Tax Amount $1,641.67 Change Rate Assessed CR Tax Rate +0.00787%