Salt Lake City — W Grove Ave

About this deal

All-brick 1923 Ballpark bungalow on W Grove Ave. The $359K ask is already 70% of a fair after-repair value before rehab — a buy-and-hold, not a flip — and the seller's claim runs ~$30K rich.

All-brick 1923 Ballpark bungalow on W Grove Ave — three bed, two bath over a full basement with a detached garage and shed, roof done in 2014 and exterior repainted last year. It has the smallest above-grade footprint of the recent Ballpark sold set, so it prices at or just under the closest three-bed comps rather than above them, and the seller's claim runs about $30K rich. The ask already sits at 70% of a fair after-repair value before any rehab, which makes this a buy-and-hold or a negotiate-down deal rather than a clean flip. The swing factor is the basement finish, which the county record can't confirm and which decides whether the full square footage counts.

Red Valley Real Estate presents every deal in the same format — asking price, ARV, and projected rent — so you can compare opportunities side by side. The ARV we show is our OWN conservative comp-based estimate, not the wholesaler's number: we comp every deal independently and lean to the low end, then show the wholesaler's claim beside ours so you can see the gap. We only publish an ARV once our licensed agents have confirmed it against MLS sold comps — until then it reads "Pending MLS verification." We don't publish rehab numbers we can't stand behind: where you see a rehab range, it comes from our review of the property photos, and you can test your own assumptions with the calculators below or ask us to arrange a contractor walkthrough.