NOT LISTED FOR SALE

720 N 850 W Parowan, UT 84761

Estimated Value: $556,000 - $1,116,000

-- Bed
2 Baths
3,944 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 28, 2018

Current estimated payment $4,556/month

60 Days on Market

About This Home

As of September 2018

72 hr first right of refusal in place. Excellent investment opportunity. 4 units with 2 bedrooms and 2 bathrooms each. Open kitchen and living area with laundry rooms attached to one bathroom. Units 1,2,and 4 had new granite counters, paint, and carpet in 2015. New roof if 2016. Appliances have been replaced as needed. New furnaces in units 2 and 3. Washers and Dryers belong to tenants.

Last Listed By

Jared Zimmer

Re/Max Properties License #6013367-PB00 Listed on: 08/27/2018

Re/Max Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 1996

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Master Meter

Community Details

  • No Home Owners Association
  • North Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number A-0002-0016-0003

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,437

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: In Parowan, head N on Main St. Turn left onto 700 N, then right onto 50 W. Property is the last building on the right.
  • Prop. Type: Residential Income
  • Year Built: 1996
  • Reso Property Sub Type: Apartment
  • Subdivision Name: North Park
  • New Construction: No
  • Master Plan Zoning: R
  • Utilities Culinary City: Yes
  • Utilities Natural Gas: Yes
  • Roof Asphalt Shingles: Yes
  • Keywords Covered Parking: No
  • Keywords Utilities: Master Meters
  • Construction:_two_ Story: Yes
  • Utilities Secondary Water: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Property Condition: Existing
  • Acres: 0.24
  • Construction Type: 2 Story, Frame, Vinyl Siding
  • Construction:Frame: Yes
  • Construction:Vinyl Siding: Yes

Utilities

  • Heating: Forced Air
  • Utilities: Culinary, City, Electricity Available, Natural Gas Available, Secondary Water
  • HeatingYN: Yes
  • Utilities Electricity: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: A-0002-0016-0003
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1436.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Sep 19, 2018
Sold by
T & M Rentals Llc
Bought by
Peterson Wayne L
Seller's Agent
Jared Zimmer
Re/Max Properties
Buyer's Agent
Cindy Smith
CS Real Estate Group, PLLC
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%
Total Days on Market
60
Current Estimated Value
$770,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,475
Avg. Annual Appreciation
15.98%
Original Mortgage
$299,570
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Feb 17, 2017
Sold by
Adams Timothy R and Adams Timothy
Bought by
T & M Rentals Llc

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Peterson Wayne L -- Inwest Title Services St Geo
T & M Rentals Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Wayne L $293,524
Closed Petergon Wayne L $295,574
Closed Peterson Wayne L $296,968
Closed Peterson Wayne L $299,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold -- -- --
09/14/2018 09/14/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $289,000 +32.6% $73 / Sq Ft
01/09/2015 01/09/15 Sold -- -- --
12/10/2014 12/10/14 Pending -- -- --
12/08/2014 12/08/14 For Sale $218,000 -- $55 / Sq Ft
Source: Iron 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 $3,162 $166,145 $44,530 $121,615
2022 $1,552 $162,095 $40,480 $121,615
2021 $1,407 $146,915 $25,300 $121,615
2020 $1,276 $117,700 $25,300 $92,400
2019 $1,337 $117,700 $25,300 $92,400
2018 $1,328 $114,400 $22,000 $92,400
2017 $1,361 $114,400 $22,000 $92,400
2016 $1,382 $110,000 $22,000 $88,000
2015 $1,170 $88,000 $0 $0
2014 $1,227 $88,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jared Zimmer

    Seller's Agent in 2018

    Jared Zimmer

    RE/MAX

    (435) 327-2090

    382 Total Sales

    Jared Zimmer
    Section Image

  • C

    Buyer's Agent in 2018

    Cindy Smith

    CS Real Estate Group, PLLC

    (435) 463-1466

    70 Total Sales

    Cindy Smith
    Section Image

  • K

    Buyer's Agent in 2015

    Kassy Winslow

    RE/MAX

    (435) 327-1173

    20 Total Sales

    Kassy Winslow
    Section Image
See All Agents

Map

Source: Iron County Board of REALTORS®

MLS Number: 83306

APN: A-0002-0016-0003

Utah Iron County Parowan 84761

720 N 850 W, Parowan, UT

Homes for Sale in Parowan, UT

This home is located at 720 N 850 W, Parowan, UT 84761 since 27 August 2018 and is currently estimated at $770,475, approximately $195 per square foot. This property was built in 1996. 720 N 850 W is a home located in Iron County with nearby schools including Parowan School, Parowan High School, and Cedar City High School.

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