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1568 Dawson Lane Dr W
Tooele, UT 84074
$445,000
Conventional
Property
Bedroom
5
Bathroom
3
Property Type
Conventional
Square ft
2578
Property Description
If you are looking for a spacious home in a quiet, family friendly neighborhood, look no further! This gem is 5 large bedrooms/3 full bathrooms in an Overlake neighborhood that is quickly becoming the crown jewel of the Tooele Valley. The area is increasing rapidly due to its perfect location, lots of parks and playgrounds. The schools are great and they are in the process of building a brand new high school not far from this property. This area is easily accessible to the main highway- SR-36, getting you out to Salt Lake in 30 mins. This home boasts large open spaces everywhere you look from the open floor plan upstairs to the oversized bedrooms to the expansive family room in the basement. When first walking in the vaulted ceilings are hard to miss and add to the openness of the main When first walking in the vaulted ceilings are hard to miss and add to the openness of the main living area! Nothing sounds more relaxing than curling up in front of this cute, functional gas fireplace on a cold, winter night. There are ceiling fans throughout to help keep the house cool in the summer and help circulate the air evenly throughout the year. The front room windows are tinted to also aid in keeping the home cool and for privacy. Next is the kitchen that is perfectly sized, allowing plenty of cupboard and counter space and is open to the living room and dining area. This is perfect for hosting large family and friend gatherings. Its full pantry allows even more space for storage. The master suite has a very large walk-in closet, attached bathroom with a huge extended mirror that sits over the his and her sinks. This bathroom has plenty of cabinet and counter space to please any couple. Each bedroom has oversized closets with attractive solid double doors. The basement is large enough to create a workout area, game center and has space left over to set up a perfect theater room for family movie nights! There was a new tankless water heater installed in the last few months so you will never have to worry about running out of hot water! There is a large 2 car garage with lots of added storage area up and out of the way on the suspended shelves. The backyard is fenced and is an open canvas to allow the renter to create the space the way they would like with plenty of room for kids to play!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2006
MLS Number
24-251444
Location
Address
1568 Dawson Lane DR W
City
Tooele
State
UT
Zip Code
84074
County
TOOELE
Listing
Provider
RE/MAX Associates of St. George, original listing
Name
RE/MAX Associates of St. George
Phone
(435) 215-2900
Office Name
RE/MAX ASSOCIATES ST GEORGE
Office Phone
(435) 215-2900
Agent Name
RYAN KRAMER

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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.