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8345 S Iris Lumi Ln Unit 202, Midvale, UT, 84047

3beds
2baths
1,299sqft
$395,000
$304price/sqft
$2,584/moest. monthly cost
$103,360/yrincome needed

About This Home

This middle-unit condo features brand new hard flooring throughout the living areas and both secondary bedrooms. Most rooms have been professionally painted and are move-in ready. Located just one mile from Midvale Main Street, it's an easy walk to shops, restaurants, and local amenities. Walking trails from the community connect directly to the 45-mile paved Jordan River Parkway Trail, and the refreshed lake area is perfect for outdoor enjoyment, walks, or biking. The owners are relocating but truly love this area and hate to leave. It comes with two assigned parking spots (tandem/back-to-back in the garage). We're also offering 1% of the purchase price toward closing costs or to buy down the rate if you use our preferred lender.

Getting Around

41
WalkingCar-Dependent
30
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

6/10
Midvale SchoolGrades K-50.7 mi
3/10
Midvale Middle SchoolGrades 6-80.8 mi
5/10
Hillcrest High SchoolGrades 8-122.6 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 2022

Materials

  • Roof: Flat
  • Construction materials: Stone,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Disposal,Free-Standing Range

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Vinyl
  • Finished area above ground: 1,299

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,299
  • Total interior livable area: 1,299 sqft

Property

Accessibility

  • Accessibility features: Fully Accessible

Details

  • Parcel number: 2135435005
  • Zoning description: Short Term Rental Allowed
  • Exclusions: Dryer,Washer

Features

  • Stories: 1
  • Entry location: Middle Level
  • Patio & porch: Covered,Covered Patio
  • Exterior features: Balcony,Lighting
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 435.60 sqft
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 2
  • Parking features: Covered
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,997$23,964
Home Insurance $72$864
Property Taxes $346$4,152
Electricity $169$2,039
Total$2,584$31,008

Income You'd Need if You Spent...

35% on housing$88,594/yr
40% on housing$77,520/yr
45% on housing$68,906/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 84047$182
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84047$255
Salt Lake County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$409,900
2026-04-15Listed for sale$412,000

For Sale by Agent

AgentVivian A Caceres, Real Broker, LLC
BrokerageReal Broker, LLC

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