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105 E Cimmarron Way
Erda, UT 84074
$1,449,999
Conventional
Property
Bedroom
6
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
**NEED A QUICK CLOSE? LET'S MAKE A DEAL!!** 5 acres of Horse property complete with a beautiful Cabin style Home, Barn and so much more! This home offers something for everyone! You could even create a little income by renting out open storage space or even rent out a couple stalls! Located 26 miles from the Salt Lake International Airport and Salt Lake City and only 4 miles to Tooele puts you close to anything you could need. Let's begin as you drive down Cimmarron Way, you notice that you are not on top of your neighbors and as you pull up to the house you are not worried if there will be enough parking for your cars, trucks, toys and other trailers you might have. That even includes a 30amp plug for the RV's! You see the unique wood cabin style logs around the whole house with 7 year stain that was just done in 2023. All the fencing around most of the 5 Acres has been replaced so that even the dogs stay in the yard, not just the horses. The solar panels are paid for and stay with the house. They use the Tesla power App to monitor how much power you are gathering at any time. There is a new and beautiful 50' x 50' barn, Horse stalls with rubber floors that have automatic water that is heated for winter, storage and a 24' x 50' shop with power and water. Just outside the barn is your own riding arena! Now let's go inside. As you walk up to the front door you are greeted with the large front porch and nice inviting entry way with Vaulted ceilings through the whole entry and great room areas. The open Kitchen, living room w/ fireplace and dining area are the perfect place to gather. There is a large laundry room/mud room on the main level to help keep the rest of the house clean. There are 2 primary bedrooms to choose from depending on which level of the house you like to sleep on. Have you ever seen a mega-closet before? Well, this trending idea keeps all the clothes close to the laundry room and hunting/skiing and other recreational items next to the garage so you can load up easily and go. You will see what I mean when you come by for a showing or you can look it up on Tik Tok. The basement features an indoor playground, a second fire place, theater, workout room or multi-purpose room that could be a 3rd bedroom, 2 bathrooms, large cold storage, secure storage for things you want to keep safe and an organized storage room for all your seasonal dcor. With this layout it would be easy to set up for Mother-in-law or an ADU. As you head out to the backyard there is roughly a half-acre of yard that has a covered patio, grass areas, play areas, a basketball court, in ground trampoline, an area that is ready for your future playset and even another area set aside that was planned for a future pool. Did I mention that the 12 person Hot Tub is included! There are also water spigots run to the back part of the property for horses, gardening etc. The garden tool shed can also be used for a chicken coop. New walkways have been added to make it easier to get from the house to the barn and other parts of the yard no matter what the weather. This has been set up extremely well so you can optimize the potential of this amazing property! If you are into golfing there is a golf course 4 minutes from the front door. The views from the front or back of the house are amazing! You can see the valley, lake, mountains or even the unique styling of the Tooele Valley Temple from the front porch. Come take in all that this home has to offer not just for you but for your equestrian friends as well. Seller is asking for 1 week possession after closing and if you see some furniture that you like it is more than likely for sale.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
2005
MLS Number
1978899
Location
Address
105 E CIMMARRON WAY
City
Erda
State
UT
Zip Code
84074
County
TOOELE
Listing
Provider
Equity Real Estate - Solid, original listing
Name
Equity Real Estate - Solid
Phone
(801) 790-4030
Office Name
Equity Real Estate (Solid)
Office Phone
(801) 790-4030
Agent Name
Jon Romney

Local Real Estate Expert

KA
Kelley Anderson
Top Equity Realty
Call Today!: (435) 830-4078

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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.