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6691 E 12500 N
Spring City, UT 84662
Keith Kasperson with R and R Realty LLC, original listing - (801) 492-7791
$650,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Welcome to this extraordinary 7-acre homestead in picturesque Spring City! This remarkable home with 6,148 sq ft features a large kitchen, beautiful sunroom, and two spacious primary suites. Both suites include an office area, separate laundry facilities, and massive bathrooms with separate tub and a huge walk-in shower. There are even 2 separate HVAC systems. You'll also find thoughtfully planned storage in every area of the home! The basement is over 3,000 square feet and can be finished to suit, including ADU possibilities with an exterior entrance. Outside you'll find fruit trees, raised bed gardens, and acres of farmland with pressurized irrigation and the most beautiful views in every direction! A peaceful, wide open space, but you still have grocery stores, schools, a hospital, movie theaters and restaurants 10-15 minutes away. Sale includes Parcel# 27318X16 (0.17 acres). Culinary water is on a well with 2 shares of Horseshoe Irrigation converted to the well right. Up to 21 shares of additional Horseshoe Irrigation are available for separate purchase.
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2009
MLS Number
--
Location
Address
6691 E 12500 N
City
Spring City
State
UT
Zip Code
84662
County
SANPETE
Listing
Provider
R and R Realty LLC, original listing
Name
Phone
(801) 492-7791
Office Name
Office Phone
(801) 492-7791
Agent Name
Keith Kasperson
Agency Phone
(801) 492-7791

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R and R Realty LLC
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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.