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$547,000

Est. payment - /mo

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5 Beds

3 Baths

2,499 SqFt

New

558 E HIDDEN COVE LN Lehi, UT 84043

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Brett Wilde

wildebrett@gmail.com +1(801) 623-9552

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $218

Subdivision Hidden Cove

MLS Listing ID 2188997

Style Tri/Multi-Level

Bedrooms 5

Full Baths 3

Construction Status Blt./Standing

HOA Y/N No

Abv Grd Liv Area 1,673

Year Built 1999

Annual Tax Amount $2,338

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Single Family Residence

Property Description

Unique Seller Financing & House-Hacking Opportunity! Very rare opportunity with a contract for deed and the option to assume the loan once the buyer is ready. Terms: 2.75% interest rate | 25-year term | Approx. $2,830 monthly payment | Approx. $397,000 remaining balance. The property is currently pending foreclosure. Buyer to bring approximately $150,000 cash to close, including approximately $145,000 down payment plus $5,000 in closing costs. The $5,000 closing-cost allowance is intended to cover both the buyer's and seller's closing costs. Possession: Buyer will receive possession of the property 30 days after acceptance. Located in a desirable area of Lehi, Utah, with convenient access to I-15. The basement apartment is approximately 90% complete and is already generating approximately $1,000/month in rental income as-is. The property needs some TLC and is being sold as-is and only under the terms described above. Estimated ARV (After Repair Value): $560,000$575,000. Buyer to independently verify all property information, financing terms, rental income, potential ARV, foreclosure status, and possession terms.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Zoning Single-Family

Rooms

Basement Partial

Interior

Interior Features Basement Apartment, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, French Doors, Mother-in-Law Apt., Range: Gas, Range/Oven: Free Stdng., Vaulted Ceilings

Heating Gas: Central

Cooling Central Air

Flooring Carpet, Tile

Inclusions Range, Refrigerator, Window Coverings, Smart Thermostat(s)

Equipment Window Coverings

Fireplace No

Window Features Blinds

Appliance Refrigerator

Exterior

Garage Spaces 2.0

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

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Single Family

Topography Corner Lot, Cul-de-Sac, Fenced: Full, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac, Fenced: Full, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces West

Story 3

Sewer Sewer: Connected, Sewer: Public

Water Culinary, Irrigation: Pressure

Architectural Style Tri/Multi-Level

Finished Basement 100

Structure Type Stone,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Sego Lily

Middle Schools Lehi

High Schools Lehi

School District Alpine

Others

Senior Community No

Tax ID 41-410-0203

Acceptable Financing Seller Finance

Listing Terms Seller Finance

Special Listing Condition In Foreclosure

Listed by Equity Real Estate (Premier Elite)

Nearby School & Business

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Brett Wilde

Team Leader

+1(801) 623-9552