$1,100,000
SOLD SEP 8, 2023
Last list price

380 W 400 N La Verkin, UT 84745

6 Beds
4 Baths
3,835 Sq Ft
0.3 Acres

Recently Sold

$287 Per Sq Ft

38 Days on Market

Highlights

  • Concrete Pool
  • Mountain View
  • Private Yard
  • RV Access or Parking
  • 2 Fireplaces
  • Covered patio or porch

About This Home

As of September 2023

Welcome to the best investment property in La Verkin, Utah! This property has a strong rental history, making over $137K in gross revenue in 2022 (9.4% CAP rate) with the ability to self-manage. It comes fully furnished, turn-key, with a unique transferable short term rental permit. The home is conveniently located near restaurants, stores and a 20 minute drive to iconic Zion National Park, which had 4.69 million visitors last year. This vacation home boasts 6 spacious & beautifully appointed bedrooms with a total of 13 beds that can sleep up to 26 guests. This vacation rental draws travelers from all around the world because of its location, capacity and private pool, hot tub, and fire pit, perfect for soaking in the breathtaking views of the surrounding landscape of Southern Utah. Don't pass up on the only available investment opportunity to own an income producing property in the beautiful, growing, tourist community of La Verkin, Utah.

Last Agent to Sell the Property

Andrea Lier

DISTINCTION REAL ESTATE (ST GEORGE) License #12941066-SA Listed on: 07/06/2023

Last Buyer's Agent

PAUL MAAG

RE/MAX ASSOCIATES ST GEORGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,366

Year Built

  • Built in 2000

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Private Yard

Parking

  • Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,835 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Mountain Views
  • Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Covered patio or porch
  • Exterior Lighting
  • Storage Shed

Schools

  • Laverkin Elementary School
  • Hurricane Middle School
  • Hurricane High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Quail Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number LV-QRN-4-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,366

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Directions: https://goo.gl/maps/pJcootPEKpbAbCK7A
  • Prop. Type: Residential
  • Year Built: 2000
  • Road Surface Type: Paved
  • Inclusions: Wired for Cable, Window Coverings, Water Softner, Owned, Washer, Walk-in Closet(s), Storage Shed(s), Sprinkler, Full, Sprinkler, Auto, Refrigerator, Patio, Covered, Oven/Range, Freestnd, Outdoor Lighting, Mother-in-Law Apt, Microwave, Landscaped, Full, Hot Tub, Freezer, Fenced, Full, Dryer, Disposal, Dishwasher, Deck, Covered, Central Vacuum, Ceiling Fan(s), Bath, Sep Tub/Shwr
  • Subdivision Name: QUAIL RUN
  • Above Grade Finished Sq Ft: 1227.0
  • New Construction: No
  • General Property Info Formal Dining Room: No
  • General Property Info Garage Type2: Attached
  • General Property Info Carport Type: None
  • Utilities Natural Gas: Yes
  • Utilities Sewer2: Yes
  • FoundationBasement Slab on Grade: Yes
  • Exterior Stucco: Yes
  • RoofTile: Yes
  • Air Conditioning Central Air: Yes
  • InclusionsFeatures Ceiling Fan(s): Yes
  • InclusionsFeatures Dishwasher: Yes
  • InclusionsFeatures Disposal: Yes
  • InclusionsFeatures Fenced Full3: Yes
  • InclusionsFeatures Landscaped Full: Yes
  • InclusionsFeatures Microwave: Yes
  • InclusionsFeatures Sprinkler Auto: Yes
  • InclusionsFeatures Sprinkler Full: Yes
  • Land Description Secluded Yard: Yes
  • Land Description View Mountain: Yes
  • InclusionsFeatures Deck Covered: Yes
  • InclusionsFeatures OvenRange Freestnd: Yes
  • InclusionsFeatures Walk-in Closet(s): Yes
  • InclusionsFeatures # Fireplace(s): 2
  • InclusionsFeatures Bath Sep TubShwr: Yes
  • InclusionsFeatures Patio Covered: Yes
  • InclusionsFeatures Central Vacuum: Yes
  • InclusionsFeatures Outdoor Lighting: Yes
  • InclusionsFeatures Dryer: Yes
  • InclusionsFeatures Washer: Yes
  • InclusionsFeatures Water Softner Owned: Yes
  • InclusionsFeatures Storage Shed(s): Yes
  • FoundationBasement Basement: Yes
  • InclusionsFeatures Hot Tub: Yes
  • Pool (PrivateSeller Owned):ConcreteGunite: Yes
  • Pool (PrivateSeller Owned):Heated2: Yes
  • Pool (PrivateSeller Owned):In-Ground: Yes
  • Renting Short Term Rental (STR): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 6
  • Building Area Total: 3835.0
  • Fireplaces: 2
  • Stories: 3
  • General Property Info:Primary Bedroom Level: 2nd Floor

Exterior Features

  • Roof: Tile
  • Acres: 0.3
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener, RV Parking
  • GarageParking:Attached: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:RV Parking: Yes

Utilities

  • Heating: Natural Gas
  • Utilities: Sewer Available, Culinary, City, Electricity Connected, Natural Gas Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Culinary
  • Utilities Electricity: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee Frequency: N/A

Schools

  • Ninth Grade High School: Hurricane High
  • Middle Or Junior School: Hurricane Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: LV-QRN-4-A
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5366.44

MLS Schools

  • Elementary School: LaVerkin Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 11, 2023
Sold by
Watson Matthew
Bought by
Lv Amigos Llc
Seller's Agent
Andrea Lier
DISTINCTION REAL ESTATE (ST GEORGE)
Buyer's Agent
PAUL MAAG
RE/MAX ASSOCIATES ST GEORGE
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$802,500
Outstanding Balance
$788,841
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$484,589

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 8, 2023
Sold by
Williams Derrick
Bought by
Watson Matthew
Seller's Agent
Andrea Lier
DISTINCTION REAL ESTATE (ST GEORGE)
Buyer's Agent
PAUL MAAG
RE/MAX ASSOCIATES ST GEORGE
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Outstanding Balance
$788,841
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$484,589

Purchase Details

Closed on
Oct 21, 2020
Sold by
Herreweyers Brian J and Herreweyers Cheryl L
Bought by
Williams Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Waters Rodney H and Waters Rebecca A
Bought by
Herreweyers Brian J and Patterson Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2006
Sold by
Waters Rodney H and Waters Rebecca A
Bought by
Waters Rodney H and Waters Rebecca A

Purchase Details

Closed on
Jun 1, 2006
Sold by
Waters Rodney H and Waters Rebecca A
Bought by
Waters Rodney H and Waters Rebecca A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- Southern Utah Title Company
Warranty Deed -- Southern Utah Title Company
Warranty Deed -- Southern Utah Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $802,500 New Conventional
Previous Owner $363,750 New Conventional
Previous Owner $204,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 For Sale $1,300,000 +18.2% $339 / Sq Ft
09/08/2023 09/08/23 Sold -- -- --
08/13/2023 08/13/23 Pending -- -- --
07/23/2023 07/23/23 Off Market -- -- --
07/15/2023 07/15/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $1,100,000 -- $287 / 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
2023 $5,097 $675,700 $105,000 $570,700
2022 $5,366 $669,800 $90,000 $579,800
2021 $4,754 $480,300 $50,000 $430,300
2020 $2,533 $435,100 $50,000 $385,100
2019 $2,462 $405,500 $55,000 $350,500
2018 $2,577 $209,000 $0 $0
2017 $2,400 $194,590 $0 $0
2016 $2,109 $164,175 $0 $0
2015 $2,096 $156,805 $0 $0
2014 $2,080 $153,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Washington County Board of REALTORS®

MLS Number: 23-242718

Washington County Board of REALTORS®

APN: 0486608