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$639,900

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6 BD

4 BA

2,418 SqFt

Price Dropped by $9K

4771 E SILVER RIDGE RD N Eagle Mountain, UT 84005

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Element Real Estate Brokers

admin@elementreb.com +1(435) 200-1991

UPDATED:

11/07/2024 03:51 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,418 sqft

Price per Sqft $264

Subdivision Silverlake

MLS Listing ID 2032714

Style Stories: 2

Bedrooms 6

Full Baths 3

Half Baths 1

Construction Status Blt./Standing

HOA Fees $35/mo

HOA Y/N Yes

Abv Grd Liv Area 1,401

Year Built 2018

Annual Tax Amount $2,511

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0.0x0.0x0.0

Property Description

Seller Financing Available! Discover this beautifully maintained 6-bedroom, 3.5-bathroom home designed to accommodate various lifestyles, with ample space for everyone. The separate mother-in-law apartment is a significant highlight, perfect for extended family, guests, or rental income. This unit, featuring its entrance, two bedrooms, private laundry facilities, and a double-lock door for privacy, offers flexibility for multi-generational living or rental opportunities. Home Features and Beauty Every inch of this home reflects quality craftsmanship, from upgraded cabinets and countertops to stylish accents and flooring. This residence feels open and inviting with 9-foot ceilings on both the main floor and basement. Lovingly maintained by its owner, the home is pristine, ensuring it remains a beautiful space for years. NEW CARPET JUST INSTALLED. A spacious driveway and ample street parking make hosting a breeze. Prime Location Nestled in the heart of Eagle Mountain, you'll enjoy easy access to outdoor amenities like Kiowa Valley Trail, Roadrunner Mountain Biking Trailhead, Flintstone Trail, and more. Parks, Silver Lake Elementary, Ridley's Market, and Silver Lake Amphitheater Park are just moments away, adding convenience to this serene lifestyle. Investment Potential The basement apartment is a lucrative investment opportunity with separate rental potential. The entire home was rented to a single family for $3,550 monthly, showcasing its income-generating solid potential. Additionally, if rented separately, upstairs rentals average around $2,275 per month, while basement units rent for about $1,350, with tenants also covering a third of the utilities. Whether you rent both units, live in one, or lease the other, this arrangement can significantly offset the mortgage or add to cash flow. Flexible Financing Option Qualified buyers can use seller financing with a down payment of $299,000 and an attractive 4.875% interest rate, bypassing traditional mortgage hurdles. The Seller's current mortgage balance is approximately $333,000. This flexible financing option makes owning this exceptional property more accessible, whether you're a first-time buyer, investor, or seeking alternative financing.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Zoning Single-Family

Rooms

Basement Daylight, Entrance, Walk-Out Access

Primary Bedroom Level Floor: 2nd

Master Bedroom Floor: 2nd

Interior

Interior Features Basement Apartment, Bath: Master, Closet: Walk-In, Den/Office, French Doors, Kitchen: Second, Mother-in-Law Apt., Vaulted Ceilings, Granite Countertops

Heating Gas: Central

Cooling Central Air, Active Solar

Flooring Carpet, Laminate

Inclusions Ceiling Fan, Dishwasher: Portable, Dryer, Microwave, Range, Refrigerator, Washer, Trampoline

Equipment Trampoline

Fireplace No

Window Features Blinds,Full

Appliance Ceiling Fan, Portable Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Basement Entrance

Garage Spaces 2.0

Community Features Clubhouse

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Available

Amenities Available Clubhouse, Picnic Area, Playground, Pool

Waterfront No

View Y/N Yes

View Mountain(s)

Roof Type Asphalt,Pitched

Present Use Single Family

Topography Fenced: Full, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, Terrain: Grad Slope, View: Mountain

Parking Type Rv Parking

Total Parking Spaces 6

Private Pool false

Building

Lot Description Fenced: Full, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain

Faces West

Story 2

Sewer Sewer: Connected

Water Culinary

Finished Basement 100

Structure Type Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Silver Lake

Middle Schools Vista Heights Middle School

High Schools Westlake

School District Alpine

Others

Senior Community No

Tax ID 66-629-0005

Monthly Total Fees $35

Acceptable Financing Cash, Conventional, FHA, Seller Finance, VA Loan

Listing Terms Cash, Conventional, FHA, Seller Finance, VA Loan

Listed by EXP Realty, LLC

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Element Real Estate Brokers

Broker | License ID: 13589667-CN00

+1(435) 200-1991

Element Real Estate Brokers

4771 E SILVER RIDGE RD N Eagle Mountain, UT 84005

Element Real Estate Brokers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4771 E SILVER RIDGE RD N