NOT LISTED FOR SALE

520 N 250 W Unit 1-4 La Verkin, UT 84745

Estimated Value: $763,139 - $838,000

10 Beds
4 Baths
5,042 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 12, 2021

Current estimated payment $4,626/month

68 Days on Market

About This Home

As of May 2021

This is a FIXER UPPER - Sold AS IS. Tons of space, great tenants, 7% CAP Rate!! La Verkin is a growing town short distance to Zion National Park, very desirable place to live. This location is an excellent location for a rental property high demand & low supply, prices are increasing. Take advantage of excellent Cash Flow & Appreciation!!! DO NOT DISTURB TENANTS

Last Listed By

JAKE PEART

ERA BROKERS CONSOLIDATED License #7203058 SA00 Listed on: 03/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 5,042 Sq Ft Home
  • 2-Story Property

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number LV-CR-2-12

Community Details

Overview

  • 4 Units
  • Crestview Subdivision

Building Details

  • Insurance Expense $708
  • Water Sewer Expense $2,726
  • Operating Expense $5,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,008

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Turn West at 500 North (Davis Market), Upper units turn Right 248 W end of Cul de Sac. Lower units turn Right 220 W, Left 530 N. Complex is on your left at the end f 530 N. Quite area, close to Zion.
  • Prop. Type: MultiFamily
  • Year Built: 1980
  • Property Insurance Expense: 708.0
  • Real Estate Taxes Expense: 2008.32
  • Sewer Water Expense: 2726.49
  • Income And Expenses Maintenance Expense: 493.5
  • Subdivision Name: CRESTVIEW
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Building Area Total: 5042.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.26
  • Construction:Stucco2: Yes
  • Construction:Wood Frame: Yes

Utilities

  • Heating: Electric, Space Heater
  • Cooling: Evap Cooler
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric: Yes
  • Heating:Space Heater: Yes

Fee Information

  • Annual Water Sewer Expense: 2726.49

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: LV-CR-2-12
  • Zoning Description: Residential, Multi-Family

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 708.0
  • Annual Operating Expense: 5936.31

Tax Info

  • Tax Annual Amount: 2008.31

MLS Schools

  • Elementary School: LaVerkin Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Holthouse Paul
Bought by
Uspr Llc
Total Days on Market
68
Current Estimated Value
$797,713

Purchase Details

Closed on
Sep 1, 2022
Sold by
Kadakia Vrajesh V
Bought by
Holthouse Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 13, 2021
Sold by
Ars Divitiae Utah I Llc
Bought by
Kadakia Vrajesh V
Seller's Agent
JAKE PEART
ERA BROKERS CONSOLIDATED
Buyer's Agent
NON BOARD AGENT
NON MLS OFFICE
List Price
$580,000
Sold Price
$520,000
Premium/Discount to List
-$60,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2018
Sold by
Frei Kent G
Bought by
Ars Divitiae Utah Llc and Jensen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2018
Sold by
Fri Kent G and Jensen Deeann F
Bought by
Frei Kent G and Jensen Deeann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2009
Sold by
Frei Shelby D and Frei Jewell G
Bought by
Frei Shelby D and Frei Jewell G

Purchase Details

Closed on
Jul 5, 2007
Sold by
Jensen Jerald Kay and Jensen Deeann F
Bought by
Jensen Deeann F and The D Jensen Family Trust

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

Purchase History

Date Buyer Sale Price Title Company
Uspr Llc -- None Listed On Document
Holthouse Paul -- Eagle Gate Title Insurance Agc
Kadakia Vrajesh V -- Terra Title Co
Ars Divitiae Utah Llc -- None Available
Frei Kent G -- Dixie Title Co
Frei Shelby D -- None Available
Jensen Deeann F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holthouse Paul $800,000
Previous Owner Kadakia Vrajesh V $390,000
Previous Owner Ars Divitiae Utah Llc $249,000
Previous Owner Frei Kent G $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold -- -- --
03/30/2021 03/30/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $580,000 -- $115 / 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 $2,445 $324,170 $78,705 $245,465
2022 $4,821 $487,100 $124,400 $362,700
2021 $2,143 $393,600 $116,500 $277,100
2020 $2,008 $345,000 $116,500 $228,500
2019 $2,004 $330,000 $58,600 $271,400
2018 $1,967 $159,500 $0 $0
2017 $1,850 $149,985 $0 $0
2016 $1,849 $143,880 $0 $0
2015 $1,922 $143,825 $0 $0
2014 $1,411 $104,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Washington County Board of REALTORS®

MLS Number: 21-219613

Washington County Board of REALTORS®

APN: 0089709