$5,690,000

1126 W 250 S American Fork, UT 84003

Estimated payment $35,214/month

Total Views 5,284
33 Beds
30 Baths
17,965 Sq Ft
$317 Price per Sq Ft

Highlights

  • Spa
  • 0.59 Acre Lot
  • Granite Countertops
  • Lake View
  • Clubhouse
  • Covered patio or porch

About This Home

Perfect 10-31 investment property into a 2024 18plex. Managed and maintained, this is an absolute investors dream with this turnkey investment. Close to trax and silicone slopes with strong rents. Almost all unites are occupied but we can get you in to a showing unit we have so you can see the quality of this amazing project. If you are looking for one of the most hands off investments in a new building without costly repairs. This is it.

Listing Agent

Andrew Payne

Sky Realty License #4885914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 2024

Lot Details

  • 0.59 Acre Lot
  • Landscaped

HOA Fees

  • $3,184 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 17,965 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Carpet

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 33 Bedrooms
  • Walk-In Closet
  • 30 Bathrooms

Parking

  • 36 Parking Spaces
  • 36 Open Parking Spaces

Accessible Home Design

  • ADA Inside
  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Balcony
  • Covered patio or porch

Schools

  • Trailside Elementary School
  • Orem Middle School
  • Mountain View High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 56-040-0009

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, sewer, trash, water
  • 18 Units
  • Passaro Association, Phone Number (801) 704-3440
  • The Yard Subdivision

Recreation

  • Community Pool
  • Snow Removal

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

Built in 2024

Lot Details

0

HOA Fees

$3,184 per month

Listing Details

  • Property Sub Type: > 4 Units
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.59
  • Lot Size: 0.0x0.0x0.0
  • Inclusions: Ceiling Fan, Microwave, Range, Refrigerator, Window Coverings
  • Subdivision Name: THE YARD
  • Architectural Style: Stories: 3
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2024
  • Accessory Dwelling Unit: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Private Spa: Yes
  • Other Equipment: Window Coverings
  • Accessibility Features: Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible
  • Total Bedrooms: 33
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Bath: Master, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In
  • Living Area: 17965.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: View: Lake, View: Mountain
  • Pool Private: No
  • Topography: View: Lake, View: Mountain
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stucco
  • Exterior Features: Balcony, Double Pane Windows, Lighting, Patio: Covered, Sliding Glass Doors
  • Patio And Porch Features: Covered
  • Property Condition: Blt./Standing
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 36.0
  • Open Parking: Yes
  • Parking Features: Parking: Uncovered
  • Total Parking Spaces: 36.0

Utilities

  • Cooling Y N: No
  • Heating: Electric, Forced Air, Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected, Sewer: Public
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Senior Community: No
  • Amenities: Cable TV, Clubhouse, Controlled Access, Fitness Center, Insurance, Maintenance, Management, Pet Rules, Pets Permitted, Pool, Sewer Paid, Snow Removal, Spa/Hot Tub, Storage, Trash, Water
  • Association Fee: 3184.0
  • Association Fee Frequency: Monthly
  • Association Name: Passaro
  • Phone: 801-704-3440
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Trailside Elementary
  • Junior High Dist: Alpine
  • High School: Mountain View
  • Middle Or Junior School: Orem

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 25700.4
  • Parcel #: 56-040-0009
  • Zoning Description: R3
  • Zoning: Multi-Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Annual Amount: 3989.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,198 $577,500 $0 $0
2023 $1,918 $225,900 $0 $0
2022 $2,043 $237,500 $237,500 $0
2021 $1,829 $182,700 $182,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 For Sale $5,690,000 -- $317 / Sq Ft
Source: UtahRealEstate.com

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Invictus Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,370,000 New Conventional
Previous Owner $2,800,000 Construction
Previous Owner $13,318,618 Construction
Source: Public Records

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Source: UtahRealEstate.com

MLS Number: 2055886

UtahRealEstate.com

APN: 56-040-0009