NOT LISTED FOR SALE

125 E Main St Unit 1-4 Torrey, UT 84775

Estimated Value: $799,511 - $861,000

-- Bed
-- Bath
6,114 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 24, 2021

Current estimated payment $5,050/month

180 Days on Market

Highlights

  • Window Unit Cooling System
  • Heating System Uses Propane
  • 1-minute walk to Torrey City Park
  • 4 Car Garage

About This Home

As of May 2021

Unique opportunity on Main Street in Nat'l Park gateway town. Lg home converted to 4-unit lodge: works as single-family home or multi-unit nightly rental. Ideal buyer probably similar to current owners who live in or near the property and manage as AirBnB/VRBO. Property management companies/year-round employees are not always available, but investment potential is real for hands-on owner/manager. Property is zoned by Wayne County as single-family residential. Torrey city is almost finished with zoning change on Main Street to Multi-Use (Commercial.) Transferable business license already exists for Apartments / Nightly Rentals with the property.

Listed on Airbnb w/high ratings (avg 4.7/5.0), high usage and ROI (approx $150/night each unit). Add'l space could be game room or manager space. Two attached oversize 1-car garages plus detached 1,257 sq ft 4-car garage/workshop. Ideal location adjacent to restaurants, shops and activities. See https://www.velvetridgelodging.com/

Last Listed By

SUE GATCHELL

RED ROCK REAL ESTATE License #5499039-SA Listed on: 03/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1997

Lot Details

  • 0.81 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 6,114 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number TO-61-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,889

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: On Main Street in Torrey, one block east of downtown market and Center Street. 4-plex is on north side of road behind Wild Rabbit Cafe and Slackers. Access on either side of cafe.
  • Prop. Type: MultiFamily
  • Year Built: 1997
  • Co List Office Mls Id: rrre
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Building Area Total: 6114.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.81
  • Construction:Stucco2: Yes
  • Construction:Wood Frame: Yes

Utilities

  • Heating: Electric, Propane
  • Cooling: Window Cooler
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric: Yes
  • Heating:Propane2: Yes

Schools

  • Ninth Grade High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Parcel #: TO-61-1
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3889.08

MLS Schools

  • Elementary School: Out of Area

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold -- -- --
03/25/2021 03/25/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $720,000 -- $118 / Sq Ft
Source: Washington County Board of REALTORS®

Tax History Compared to Growth

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 $5,087 $853,481 $84,000 $769,481
2023 $5,913 $831,720 $80,000 $751,720
2022 $4,166 $694,748 $35,000 $659,748
2021 $5,039 $661,255 $35,000 $626,255
2020 $3,889 $490,706 $35,000 $455,706
2019 $3,716 $461,755 $0 $0
2018 $2,323 $348,000 $0 $0
2017 $1,563 $319,545 $0 $0
2016 $1,165 $175,750 $0 $0
2014 $1,042 $175,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SUE GATCHELL

    RED ROCK REAL ESTATE

  • S

    Seller Co-Listing Agent in 2021

    SCOTT GATCHELL

    RED ROCK REAL ESTATE

See All Agents

Map

Source: Washington County Board of REALTORS®

MLS Number: 20-217219

Washington County Board of REALTORS®

APN: 03-0096-0066

Utah Wayne County Torrey 84734

125 E Main St Unit 1-4, Torrey, UT

Homes for Sale in Torrey, UT

This home is located at 125 E Main St Unit 1-4, Torrey, UT 84775 since 10 March 2021 and is currently estimated at $830,256, approximately $135 per square foot. This property was built in 1997. 125 E Main St Unit 1-4 is a home located in Wayne County with nearby schools including Wayne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Washington County Board of REALTORS® All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393