$455,000
$85K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

501 Water Wheel Ln Tooele, UT 84074

Estimated payment $2,855/month

Total Views 11,064
5 Beds
2.5 Baths
3,457 Sq Ft
$132 Price per Sq Ft

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Walk-In Closet
  • No HOA
  • Double Pane Windows
  • Landscaped

About This Home

***Short Sell*** price isnt approved until Third Party Approval!Just Reduced ! Location, Location, Location! This Beautiful Home has over 3,400 sq ft located in the desirable Gateway Community in Stansbury Park. Great Floor Plan with 6 bedrooms and 3.5 baths with 3 family rooms and a large yard. This home is Great for entertaining and also includes RV Parking and is also minutes away from all area amenities that are located within walking distance, community lake, swimming pool, tennis courts, golf, shopping, bus stops, and many nearby parks. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement. See Agent Remarks for Showing and Offer Instructions

Listing Agent

Johnny Mahe

Equity Real Estate (South Valley) License #10498371 Listed on: 01/28/2025

Equity Real Estate (South Valley)

Co-Listing Agent

Tuiono Malakai

Equity Real Estate (South Valley) License #5787470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 2002

Lot Details

  • 7,841 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Property is zoned Single-Family

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,457 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Blinds
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Schools

  • Stansbury Elementary School
  • Clarke N Johnsen Middle School
  • Stansbury High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Gateway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-049-0-0096

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,372

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.18
  • Lot Size: 0.0x0.0x0.0
  • Co List Office Mls Id: 70462
  • Co List Office Phone: 801-201-1955
  • Inclusions: Window Coverings
  • Subdivision Name: GATEWAY
  • Above Grade Finished Sq Ft: 2457.0
  • Architectural Style: Stories: 2
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2002
  • Percent Basement Finished: 90
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Private Spa: No
  • Other Equipment: Window Coverings
  • Has Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Range/Oven: Free Stdng.
  • Living Area: 3457.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain
  • Pool Private: No
  • Topography: Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum, Brick
  • Direction Faces: South
  • Exterior Features: Bay Box Windows, Double Pane Windows
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Stansbury
  • Junior High Dist: Tooele
  • High School: Stansbury
  • Middle Or Junior School: Clarke N Johnsen

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 13-049-0-0096
  • Zoning: Single-Family

Tax Info

  • Tax Annual Amount: 4372.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $4,373 $280,948 $74,800 $206,148
2023 $4,373 $291,796 $78,650 $213,146
2022 $3,565 $286,109 $65,780 $220,329
2021 $3,049 $202,127 $56,155 $145,972
2020 $2,945 $341,290 $75,400 $265,890
2019 $2,866 $326,677 $75,400 $251,277
2018 $2,590 $282,802 $25,000 $257,802
2017 $2,342 $270,526 $25,000 $245,526
2016 $1,984 $131,176 $13,750 $117,426
2015 $1,984 $124,529 $0 $0
2014 -- $124,529 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $455,000 0.0% $132 / Sq Ft
07/31/2025 07/31/25 Off Market -- -- --
07/23/2025 07/23/25 Price Changed $455,000 -6.2% $132 / Sq Ft
07/15/2025 07/15/25 Price Changed $485,000 -2.0% $140 / Sq Ft
07/02/2025 07/02/25 Price Changed $495,000 0.0% $143 / Sq Ft
07/02/2025 07/02/25 For Sale $495,000 -3.9% $143 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $515,000 +3.0% $149 / Sq Ft
04/04/2025 04/04/25 Price Changed $499,900 -2.0% $145 / Sq Ft
03/14/2025 03/14/25 Price Changed $509,900 -3.8% $147 / Sq Ft
02/22/2025 02/22/25 Price Changed $529,900 -1.9% $153 / Sq Ft
01/28/2025 01/28/25 For Sale $539,900 -- $156 / Sq Ft
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Vantage Title Ins Agcy Llc
Warranty Deed -- Old Republic Title Tooele
Warranty Deed -- Inwest Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,309 FHA
Open $25,450 No Value Available
Open $461,029 FHA
Closed $25,450 Stand Alone Second
Closed $461,029 No Value Available
Previous Owner $37,400 Credit Line Revolving
Previous Owner $237,330 New Conventional
Previous Owner $223,924 New Conventional
Previous Owner $232,750 New Conventional
Source: Public Records

Similar Homes in Tooele, UT

  • 718 N 410 W, Tooele, UT 84074

    $410,000

    • 3 Beds
    • 2 Baths
    • 2,280 Sq Ft
    • 718 N 410 W
    • Tooele, UT

    This charming 2-story home offers 3 bedrooms, 2 bathrooms, and a 2-car garage, all situated on a large corner lot in a quiet, established neighborhood. It's move-in ready with a functional layout and lots of natural light throughout. The spacious primary suite includes plenty of room for a sitting area, offering a comfortable retreat at the end of the day. Upstairs, you'll also find a generous

    Leanna Deherrera Windermere Real Estate (Draper)

    Section Image
  • 6628 Malachite Way, Tooele, UT 84074

    $529,000

    • 5 Beds
    • 3 Baths
    • 3,014 Sq Ft
    • 6628 Malachite Way
    • Tooele, UT

    Simply stunning! 100% complete property! New flooring & granite countertops on main were installed just before my seller purchased in 2020. Basement was completed in 2024. 2 more bedrooms (potential third, no closet) and a full bath, family room (plumbed for a kitchenette), and great storage. Open kitchen/dining/living space with vaulted ceilings. Alder kitchen cabinets, stainless steel gas

    Laney Riegel Mustard Seed Realty LLC

    Section Image
  • 13 W Clear Water Dr, Tooele, UT 84074

    $480,000

    • 3 Beds
    • 2 Baths
    • 2,872 Sq Ft
    • 13 W Clear Water Dr
    • Tooele, UT

    Welcome to your dream home! This beautifully maintained 3-bedroom, 2-bathroom single-family residence offers the perfect blend of comfort, convenience, and stunning natural surroundings. Located in a friendly, well-established neighborhood, you'll love the sense of community and quiet streets ideal for evening walks or morning jogs. Step inside to a spacious, light-filled layout featuring an

    Blake Walton KW Utah Realtors Keller Williams

    Section Image
  • 122 Stern Ct Unit 25, Tooele, UT 84074

    $545,000

    • 5 Beds
    • 3.5 Baths
    • 2,479 Sq Ft
    • 122 Stern Ct
    • Unit 25
    • Tooele, UT

    Beautiful south facing home in quiet cul-de-sac. Open floor plan with great room. Professionally finished basement . Gourmet kitchen with SS appliances, quartz counters & tile floors - One block from a park, lake and golf course - Newly finished hardwood floors - New custom Iron rail staircase - Laundry upstairs - New paint - RV parking - Oversized two car garage - Huge fully fenced back yard -

    Jeffry Downward RE/MAX Associates

    Section Image
  • 5499 Heather Way, Tooele, UT 84074

    $415,000

    • 4 Beds
    • 2 Baths
    • 1,548 Sq Ft
    • 5499 Heather Way
    • Tooele, UT

    Square footage figures are provided as a courtesy estimate only and were obtained from tax documents. Buyer is advised to obtain an independent measurement.

    Mikianne Nabaum Royal KW South Valley Keller Williams

    Section Image
  • 6059 Bayshore Dr, Tooele, UT 84074

    $549,999

    • 6 Beds
    • 3.5 Baths
    • 3,306 Sq Ft
    • 6059 Bayshore Dr
    • Tooele, UT

    Welcome to this exceptional Bayshore Rambler, where elegance meets comfort in a prime Stansbury location. Boasting an open floor plan with soaring vaulted ceilings, this home exudes a sense of spaciousness and natural light. The main floor features a luxurious master suite, offering a peaceful retreat, along with two additional spacious bedrooms for family or guests. This home is move-in ready

    Erick Rojas WU Enter Real Estate, PLLC

    Section Image
  • 4796 N Highway 36, Tooele, UT 84074

    $560,000

    • 4 Beds
    • 2 Baths
    • 2,568 Sq Ft
    • 4796 N Highway 36
    • Tooele, UT

    Charming country-style home with stunning views of the Oquirrh Mountains and Pine Canyon. Features original wood floors, VCT tile & LPV vinyl plank flooring. Washer & Dryer included. Includes 3 refrigerators. Stainless steel propane range & ceramic top electric range. Custom kitchen cabinets, spice cabinet, & ceiling fans. Storage galore! Brand new windows & HVAC system. New rain gutters. New

    Michael Fields Premier Utah Real Estate

    Section Image
  • 228 W 2370 N, Tooele, UT 84074

    $499,999

    • 3 Beds
    • 2 Baths
    • 2,570 Sq Ft
    • 228 W 2370 N
    • Tooele, UT

    Amazing opportunity to live in tranquillity. Pure views off the back deck of undeveloped open space, the lake and the Temple. If you are looking for a new home in a fantastic neighborhood, this is for you. Huge RV space for all of your toys and extra vehicles. Practically a brand new home. Walk out basement is done and then you are a small project away from renting the basement for future income.

    Brady Tanner PRIME RESIDENTIAL BROKERS

    Section Image
  • 2297 N 250 W, Tooele, UT 84074

    $557,900

    • 3 Beds
    • 2 Baths
    • 2,838 Sq Ft
    • 2297 N 250 W
    • Tooele, UT

    Discover the highly desirable Arlington Rambler floor plan-where thoughtful design meets everyday comfort. This stunning home features a spacious 3-car garage, soaring vaulted ceilings, and an open-concept layout that blends style and functionality. The kitchen shines with beautiful cabinetry, quartz countertops, stainless steel appliances, and large windows that fill the space with natural

    Katie Olsen Coldwell Banker Realty (Union Heights)

    Section Image

Source: UtahRealEstate.com

MLS Number: 2061167

UtahRealEstate.com

APN: 13-049-0-0096