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328 W 475 N
Enterprise, UT 84725
$1,195,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3311
Property Description
Motivated Sellers have found their next property. Your Buyers absolutely have to experience this property my Sellers are offering with all its features and conveniences. The shop out back is finished and ready for any projects your heart desires. Landscaping is brand new with garden boxes that will make your Aunts jealous, Sellers will even offer a $20,000 allowance for whatever you choose to improve upon next. Nestled in the charming town of Enterprise, this exquisite home offers a blend of elegance, convenience, and outdoor allure. If you're an outdoor enthusiast, you'll appreciate the proximity to outdoor activities. The Enterprise Reservoir is just a short 10-minute drive away, with abundant ATV trails nearby. It is not uncommon to see wild horses and deer out the picture windows, grazing against the backdrop of open space mountain views. The home's exterior has been meticulously upgraded with custom features including new paint, new exterior surfaces, added insulation, a new front entrance, a front porch swing, and new landscaping, adding to your home's amazing curb appeal. Inside, the spacious open-concept living area with vaulted ceilings and a stunning stone fireplace for cozy evenings invites your guests to relax and enjoy the stunning views. The heart of the home is the chef's dream kitchen with an expansive island counter making this space the perfect gathering place friends and family. A sideboard-style serving area with cabinetry and counters adds flexibility to entertaining and provides access to a large, additional pantry area. Two primary ensuites provide views, relaxing comfort and privacy. The Guest Room features a neat kids play/fort area. The theater room upstairs can be a relaxation space or be transformed into an additional bedroom space. A hobby/crafting space and storage has added versatility to the laundry/utility room. The attached garage is deluxe with epoxy-sealed floors and additional storage in the 710 square foot extra deep and wide space. But wait! The property boasts a spacious custom 50' x 35' shop, perfect for storing all your toys and tools. The shop area is 1,440 sq ft. and has 2 10' double doors. This shop is built with everything a good shop has, it's insulated with inner walls, heated and wired with 30A and 50A boxes. Tell your friends you have 2,150 square feet of garage. The backyard has a full RV parking hookup with 50 amp power, water and sewer access. The shop also provides a 316 sq ft finished office space and bathroom, including a shower, making it a true man cave. You can never have enough extra storage, so above the shop is an upstairs loft with storage space over the man cave. Relax outside taking in the views from the porch swing or the covered back patio connecting the suites. The additional gazebo-covered patio on the back lawn is a great place to kick back. The fully landscaped backyard includes irrigated garden boxes for vegetables and herbs, and flowering shrubs are scattered tastefully adding colors. The whole property is landscaped with area and climate-appropriate plantings. Privacy and drainage are secured by attractive cinder block fencing and retaining walls engineered and added to protect your yard. Don't miss out! Schedule a visit to see this exceptional property and its impressive shop.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2017
MLS Number
24-250672
Location
Address
328 W 475 N
City
Enterprise
State
UT
Zip Code
84725
County
WASHINGTON
Listing
Provider
COLDWELL BANKER PREMIER, original listing
Name
COLDWELL BANKER PREMIER
Phone
(435) 628-6700
Office Name
COLDWELL BANKER PREMIER REALTY
Office Phone
(435) 628-6700
Agent Name
ERIC NICHOLAUS

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.