2300 RESERVOIR AVENUE
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Location
2300 RESERVOIR AVENUE
MBLU
G/10 / 00026/ 000/
ACT NUMBER
00240700
Owner
LIPT WOODSIDE COURT LLC
Total Market Value
$39,253,550
Appraisal
$56,076,500
PID
10869
Building Count
10
Fire District
T
Assessing District
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$49,423,300$466,600$75,900$6,110,700$56,076,500
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$34,596,310$326,620$53,130$4,277,490$39,253,550

Owner of Record
OwnerLIPT WOODSIDE COURT LLC
Co-OwnerTOBIAS SHOEMAKER MBR
AddressP O BOX 4697
LOGAN, UT 84323
Sale Price$10
Book & Page 1879/0456
Sale Date12/22/2021
Instrument03

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
LIPT WOODSIDE COURT LLC$101879/04560312/22/2021
WOODSIDE TRUMBULL LLC$6,300,0001795/0722UNKQ10/01/2019
SACRED HEART UNIVERSITY INC$4,750,0001604/0435UNKQ07/18/2012
STERN HENRY TRUST ETALS$00460/0506 04/18/1982

Building Information
Building 1 : Section 1
Year Built: 2020
Living Area: 14,280
Replacement Cost: $3,296,681
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$3,263,700
Building Attributes
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy12.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Above Average
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 9,520 9,520
BASFirst Floor 4,760 4,760
SLBSlab 4,760 0
   19,040 14,280
Building 2 : Section 1
Year Built: 2020
Living Area: 14,280
Replacement Cost: $3,374,850
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$3,341,100
Building Attributes : Bldg 2 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy12.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 9,520 9,520
BASFirst Floor 4,760 4,760
SLBSlab 4,760 0
   19,040 14,280
Building 3 : Section 1
Year Built: 2020
Living Area: 14,280
Replacement Cost: $3,374,850
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$3,341,100
Building Attributes : Bldg 3 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy12.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 9,520 9,520
BASFirst Floor 4,760 4,760
SLBSlab 4,760 0
   19,040 14,280
Building 4 : Section 1
Year Built: 2020
Living Area: 11,898
Replacement Cost: $2,860,041
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$2,831,400
Building Attributes : Bldg 4 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy10.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 7,932 7,932
BASFirst Floor 3,966 3,966
SLBSlab 3,966 0
   15,864 11,898
Building 5 : Section 1
Year Built: 2020
Living Area: 14,280
Replacement Cost: $3,374,850
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$3,341,100
Building Attributes : Bldg 5 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy12.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 9,520 9,520
BASFirst Floor 4,760 4,760
SLBSlab 4,760 0
   19,040 14,280
Building 6 : Section 1
Year Built: 2020
Living Area: 14,280
Replacement Cost: $3,374,850
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$3,341,100
Building Attributes : Bldg 6 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:3 Stories
Occupancy12.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 9,520 9,520
BASFirst Floor 4,760 4,760
SLBSlab 4,760 0
   19,040 14,280
Building 7 : Section 1
Year Built: 2020
Living Area: 50,208
Replacement Cost: $11,386,917
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$11,273,000
Building Attributes : Bldg 7 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:4 Stories
Occupancy43.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 37,656 37,656
BASFirst Floor 12,552 12,552
SLBSlab 12,552 0
UBMUnfinished Basement 2,660 0
   65,420 50,208
Building 8 : Section 1
Year Built: 2020
Living Area: 5,081
Replacement Cost: $1,051,554
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$1,041,000
Building Attributes : Bldg 8 of 10
FieldDescription
Style:Clubs/Lodges
ModelCommercial
GradeA+1
Stories:1 Story
Occupancy1.00
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseClubs/Lodges
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,081 5,081
SLBSlab 5,081 0
   10,162 5,081
Building 9 : Section 1
Year Built: 2021
Living Area: 50,208
Replacement Cost: $11,386,917
Building Percent Good: 95
Replacement Cost
Less Depreciation:
$10,817,600
Building Attributes : Bldg 9 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:4 Stories
Occupancy 
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 37,656 37,656
BASFirst Floor 12,552 12,552
SLBSlab 12,552 0
UBMUnfinished Basement 2,660 0
   65,420 50,208
Building 10 : Section 1
Year Built: 2021
Living Area: 50,208
Replacement Cost: $11,386,917
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$6,832,200
Building Attributes : Bldg 10 of 10
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeA+1
Stories:4 Stories
Occupancy 
Exterior Wall 1Above Average
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseApartments
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 37,656 37,656
BASFirst Floor 12,552 12,552
SLBSlab 12,552 0
UBMUnfinished Basement 2,660 0
   65,420 50,208

Extra Features
Extra Features
CodeDescriptionSizeBldg #
SPRSprinklers Wet11898.00 SF4
SPRSprinklers Wet14280.00 SF1
SPRSprinklers Wet14280.00 SF2
SPRSprinklers Wet14280.00 SF3
SPRSprinklers Wet14280.00 SF5
SPRSprinklers Wet14280.00 SF6
SPRSprinklers Wet50208.00 SF7
SPRSprinklers Wet5081.00 SF8

Land
Land Use
Use Code112
DescriptionApartments  
ZoneIL-2
Neighborhood645
No
Category
Land Line Valuation
Size (Acres)16.84
Frontage
Depth

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
SPL1Pool Gunite HtrGNHPool Gunite Htr880.00 SF8
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2024$49,423,300$466,600$75,900$6,110,700$56,076,500
2023$49,423,300$466,600$75,900$6,110,700$56,076,500
2022$49,423,300$466,600$75,900$6,110,700$56,076,500

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2024$34,596,310$326,620$53,130$4,277,490$39,253,550
2023$34,596,310$326,620$53,130$4,277,490$39,253,550
2022$34,596,310$326,620$53,130$4,277,490$39,253,550

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