1884 Shepard Ln Tooele, UT 84074
Estimated payment $8,551/month
Highlights
- Mountain View
- No HOA
- Double Pane Windows
- Mountainous Lot
- 2 Car Attached Garage
- 2 Irrigated Acres
About This Home
Charming Rural Duplex with Horse Property No HOA! This rare 1.10-acre duplex in beautiful Lake Point offers the best of both worlds-live in one unit and rent out the other, or add it to your investment portfolio! With horse property rights, there's plenty of room for animals, trailers, gardens, or future development. The City of Lake Point may allow an ADU on the excess land in the future (buyer to verify). Built in 2001 and lovingly maintained by the original owners, this duplex features walkout unfinished basements with exterior entries-a rare opportunity to finish the space and increase rental income. Each unit includes a one-car garage, central air and heat, Kinetico filtered water at the kitchen sink, and a shared water softener. Enjoy a peaceful, rural lifestyle with mountain views, no HOA, and a bus stop less than half a block away. Lake Point Park, I-80 access, and Salt Lake City (just 25 minutes away) are all nearby. There are only five grandfathered duplexes in Lake Point-this is your chance to own a piece of that limited inventory. Annual gross income: $41,860. NOI for 2024: $36,194.70, with rent steadily increasing year over year. Includes two separate water rights for both culinary and irrigation use. May be sold alone or with the nearby 0.18-acre buildable lot (MLS# 2096867). Don't miss this rare find!
Listing Agent
Ryan Konen
Real Broker, LLC License #14022179 Listed on: 07/07/2025
Co-Listing Agent
Charlotte Konen
Real Broker, LLC License #14227216
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,053
Year Built
- Built in 2001
Lot Details
- 1.1 Acre Lot
- Landscaped
- Sprinkler System
- Mountainous Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 2,880 Sq Ft Home
- Double Pane Windows
- Blinds
- Mountain Views
- Walk-Out Basement
- Electric Dryer Hookup
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Old Mill Elementary School
- Tooele Middle School
- Stansbury High School
Farming
- 2 Irrigated Acres
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 2 Units
- Thomasville Subdivision
Listing and Financial Details
- Assessor Parcel Number 10-027-C-0018
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,054 | $315,651 | $160,050 | $155,601 |
| 2023 | $4,054 | $350,879 | $185,075 | $165,804 |
| 2022 | $3,227 | $285,251 | $167,750 | $117,501 |
| 2021 | $3,426 | $253,460 | $57,200 | $196,260 |
| 2020 | $2,077 | $268,170 | $102,200 | $165,970 |
| 2019 | $2,098 | $268,170 | $102,200 | $165,970 |
| 2018 | $2,006 | $243,170 | $77,200 | $165,970 |
| 2017 | $1,875 | $243,170 | $77,200 | $165,970 |
| 2016 | $1,605 | $115,455 | $42,460 | $72,995 |
| 2015 | $1,605 | $115,455 | $0 | $0 |
| 2014 | -- | $112,595 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $1,500,000 | -- | $521 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $53,100 | Credit Line Revolving |
Source: UtahRealEstate.com
MLS Number: 2096777
APN: 10-027-C-0018
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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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