649 HOPE STREET
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Location
649 HOPE STREET
Mblu
002/ 3041/ / /
Acct#
002-3041
Owner
SOVRAN ACQUISITION LIMITED PARTNERSHIP
Total Market Value
$9,333,370
Appraisal
$13,333,370
PID
33127
Building Count
2
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$11,563,840$1,769,530$13,333,370
Assessment
Valuation YearImprovementsLandTotal
2025$8,094,700$1,238,670$9,333,370

Owner of Record
OwnerSOVRAN ACQUISITION LIMITED PARTNERSHIP
Co-Owner
Address2795 E COTTONWOOD PKWY STE 300
SALT LAKE CITY, UT 84121-6928
Sale Price$7,790,000
Book & Page 8022/0148
Sale Date04/15/2005
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
SOVRAN ACQUISITION LIMITED PARTNERSHIP$7,790,0008022/01480004/15/2005
GRANITE DEVELOPMENT LLC$1,375,0005735/01000004/05/2001
NEWMAN FAMILY LTD PTNSP ET AL$05433/0263 01/06/2000
NEWMAN PROPERTIES ET AL$02774/00672505/20/1986

Building Information
Building 1 : Section 1
Year Built: 2001
Living Area: 58,272
Building Attributes
FieldDescription
Style:Mini Warehouse
ModelComm/Ind
GradeA+
Stories:3 Stories
Occupancy430.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureGable/Hip
Roof CoverT&G/Rubber
Interior Wall 1Minimum
Interior Wall 2 
Interior Floor 1Concrete Slab
Interior Floor 2 
Heating FuelGas/LP
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCommercial MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:0
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallCeil & Mn Wall
Rooms/PrtnsAverage
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 36,764 36,764
FBMFinished Basement - Comm 8,620 8,620
BASFirst Floor 8,078 8,078
SDAStore Display Area 4,810 4,810
PGAParking Garage above Grade 0 0
PGBBasement Parking Garage -8 0
RC1Carport 2,912 0
UBMBasement, Unfinished 8,620 0
   69,796 58,272
Building 2 : Section 1
Year Built: 2002
Living Area: 3,820
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Mini Warehouse
ModelComm/Ind
GradeB
Stories:1
Occupancy5.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minimum
Interior Wall 2 
Interior Floor 1Concrete Slab
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseCommercial MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNone
Frame TypeSteel
Baths/PlumbingNone
Ceiling/WallCeiling Only
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,820 3,820
   3,820 3,820

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGBParking Garage Below6850.00 S.F$308,2501
PGAParking Garage Abov3951.00 S.F$177,8001
SPR1Sprinklers - Wet58272.00 S.F.$141,6001
EL1Elev Frght4.00 STOPS$216,0001
EL1Elev Frght4.00 STOPS$216,0001

Land
Land Use
Use Code200
DescriptionCommercial MDL-94  
ZoneMG
Neighborhood0400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.03
Depth
Total Market Land$1,238,670
Appraised Value$1,769,530

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
AP1Fence Chn Lk  540.00 L.F.$8,6101
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$11,563,840$1,769,530$13,333,370
2023$11,563,840$1,769,530$13,333,370
2022$11,563,840$1,769,530$13,333,370

Assessment
Valuation YearImprovementsLandTotal
2024$8,094,700$1,238,670$9,333,370
2023$8,094,700$1,238,670$9,333,370
2022$8,094,700$1,238,670$9,333,370

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