Spence and I have had this project listed now for over 6 months. With the down market it took more time to make it come to fruition. However, the anticipation has mounted and the developer is in the begining phases of consrtction. The townhoems will be constrcuted frist followed by the condo building houseing 16 units. For all pricing and layout go to: http://millcreek9.com/
We have taken full reservations for the whole development but I do believe some of them will fall out (likely about 30%) So if you are still interested in a unit….let us know!
Town homes will be 1500 sq. ft. with an additional 400 sq. ft terrace space on the roof. 2 car garage
Price will be $310,000
Condos will be from 700 sq ft – 1200 sq ft. they will all have 1 car garage parking space underground.
price’s will be from $170,000 – $250,000
Spent a while searching today. Here are the nest deals on the east side under $550 that were listed in the past 10 days:
 |
794187 |
$414,950 |
ACT |
2-Story Modern |
3,912 |
$0 |
4 |
| 7224 S 2220 E |
Cottonwood Heights |
0.20 |
7224S/2220E |
NA / |
| 7/4.00/2 |
2/0 |
FULL/85% |
04/28/2008 |
|
1983 |
SNGL |
0 |
Okay….even in a bad market here are 4 house that could be bought, remodeled and then SOLD for a good profit. Roughly all of them could go for $100,000 more when remodeled.
ALL would likely need cash and a quick close.
Here is a current look at INVENTORY across the Wasatch front. Absorption rates will go over the supply and demand…..inventory up or down will after our slump. See the reports:
http://spreadsheets.google.com/ccc?key=paoEcW6eSBDfQjic4xRiCNQ
So many of my clients bought in Herriman, Draper and South Jordan over the past few years. Thier biggest complaint? TRAFFIC! Did you know that from my office at the mouth of parleys canyon just off foothill I can drive to Jeremy ranch exit in Park City in 13 minutes! YES, I am serious!
The truth is out, you can live in the mountains with fresh air ABOVE the inversion and COMMUTE every day withOUT traffic in LESS time than living in ANYWHERE in the south end of the valley.
A good friend of mine has the best deals up the right now! MARKET is down…..great time to buy. You can live right up there in New construction, high quality for under $300 a square foot. Here is an example of what you could have:
For Pricing on this unbelievable development along with PICS and much more click here!
Well, Spencer Janke, Brad Miles and I (Jake Breen) do have a lot of houses to sale too. Bad market? YES! Too many homes on market? YES! But still, our listings are good deals!!!! We have lowered all of them to incredible prices. You want my professional opinion? You want my crystal ball? By the end of 2008 the market will be back to normal and the statistics will show a 15%-20% DROP in house prices in 2008! Yep, you heard it here folks. Now I will let you in on another secret……many of our listings have already been reduced 15%-20% in price! That means they are killer deals and are as low as the market will bear. Then as soon as sellers get word THE MARKET IS BACK….the will not lower this much.
THE POINT? NOW IS THE TIME TO BUY! Consider our listings–
Well, despite the market downs large developers sure think it’s a great time to press forward and either buy land to get ready for the next Utah real estate wave or just start with their mega developments and move forward.
Here are three of the biggest all either announced or soon to be:
Sandy Utah’s New Development PROSCENIUM
Midway Utah’s New Luxury Hot Spot MOUNTAIN SPA
The Revival of Cottonwood Mall
CHECK THEM OUT!!!
Despite the horrible national market there are still articles out there claiming Salt Lake City is one of the best markets in the nation. Other economic factors included, Salt Lake City Real Estate is still a safe buy, especially considering the decline in pricing…..it’s a buyer market!
http://www.realtor.org/RMODaily.nsf/pages/News2008041001?OpenDocument
We all know the market has been down. I have many Buyers telling me they are going to WAIT to buy until it CRASHES. Well believe me, we are experiencing the low. Now is a great time to buy, just a BAD time to sell if you have to.
Here I am posting the latest update from Ivory homes. You will see TWO attachments. The first is a list of ALL their currently BUILT SPEC homes they are willing to sale at huge discounts.
The second is a list of their MODEL homes they are willing to SALE to you and then LEASE BACK FROM you for a 12% return! Meaning……to make the math simple, the house costs $400,000; you buy it from them and they will lease it back from you for $4000 a month (until they are done with the subdivision, usually a year to two years)!
This is a killer opportunity, you tell me where any of you are getting a 12% return on your $$ right now!
HOMES AVAILABLE
MODELS FOR LEASE BACK
I searched the market for a while this morning and determined 12 more short sales are are REAL DEALS here in the Salt lake City real estate market. Some of these are appraising for $200K-$300k MORE than they are listed for…..yes with current appraisals in the down market! Read my other article on SHORT SALES so you know what you are getting yourself into if you buy one of these. You can find the old post on my blog here. Here are the deals:
|
Jake Breen and Spencer Janke Office
|
| List Price: $456,000 |
MLS# 692429 |
Stat: Active |
Ref # 1 |
| Address: 226 E RED LEAF DR |
Type: Single Family |
Style: 2-Story Conventional |
| City: Draper, UT 84020 |
Project: HIGHLANDS @ S. POIN |
| Prop. Tour: Tour |
NS/EW: 14937 S / 226 E |
|
|
 |
Tot Sq Ft: 4800
Tot Beds: 4
Tot Baths: 4.00
Family Rms: 2
Fireplace: 1
Gar|Port: 3 | 0 |
Yr Built: 2007
Taxes: $34
Acres: 0.18
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 0% |
| Exterior: Stone, Stucco |
| Lot Facts: Corner Lot, Cul-de-Sac, Curb & Gutter, Paved Road, Sidewalks, Sprinkler – Auto-Part, Terrain, Grad Slope, View, Mtn, View, Valley |
| Features & Info: Animals Permitted, Bay/Box Windows, Deck Covered, Double Pane, Entry(Foyer), Outdoor Lighting / Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Den/Office, Dishwasher, Formal Dining, French Doors, Intercom, Jetted Tub, Master Bath, Vaulted Ceilings |
| Inclusions: Alarm System, Ceiling Fan, Microwave, Range |
| Remarks: Short sale, subject to bank approval.Sold as is, A steal Unmatched quality. Apraised $695,000 March 2007. Custom kitchen, granite counters gas/stainless appl. 2 story Great Room with fireplace. Huge Bonus Room. Master Suite on main, formal dining. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $485,000 |
MLS# 759821 |
Stat: Active |
Ref # 2 |
| Address: 12992 S CINDY LN |
Type: Single Family |
Style: 2-Story Modern |
| City: Draper, UT 84020 |
Project: SOMERVILLE |
| Prop. Tour: Tour |
NS/EW: 12992 S / 1120 E |
|
|
 |
Tot Sq Ft: 3922
Tot Beds: 5
Tot Baths: 4.00
Family Rms: 2
Fireplace: 1
Gar|Port: 3 | 0 |
Yr Built: 1993
Taxes: $2,937
Acres: 0.39
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 100% |
| Exterior: Brick, Stucco |
| Lot Facts: Curb & Gutter, Paved Road, Sidewalks, Sprinkler, Auto-Full, Terrain,Flat, View, Mtn |
| Features & Info: Bay/Box Windows, Deck, Double Pane / Bar Dry, Bath-Sep Tub/Shower, Closet-Walk-In, Dishwasher, Formal Dining, Hardwood Floors, Master Bath, Range-Gas, Vaulted Ceilings |
| Inclusions: Ceiling Fan, Microwave, Range, Refrigerator |
| Remarks: SHORT SALE already approved! Subject to third party approval! Appraised for $550,000! Great area(enter off 1300 East), Vaulted ceilings,formal dining, gas range, hardwood floors, granite tops, great yard & Area! Keybox for immediate showings! |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $485,000 |
MLS# 767483 |
Stat: Active |
Ref # 3 |
| Address: 11511 WYNDCASTLE DR |
Type: Single Family |
Style: Rambler/Ranch |
| City: Sandy, UT 84092 |
Project: |
| Prop. Tour: Tour |
NS/EW: 11511 S / 2585 E |
|
|
 |
Tot Sq Ft: 4373
Tot Beds: 5
Tot Baths: 3.00
Family Rms: 2
Fireplace: 2
Gar|Port: 2 | 0 |
Yr Built: 1985
Taxes: $2,859
Acres: 0.53
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 100% |
| Exterior: Aluminum/Vinyl, Brick |
| Lot Facts: Curb & Gutter, Fenced Full, Secluded Yard, Sprinkler, Auto-Full, Terrain,Flat, View, Mtn, Wooded, Private Yard |
| Features & Info: Bay/Box Windows, Double Pane, Entry(Foyer), Outdoor Lighting, Patio / Bath-Sep Tub/Shower, Closet-Walk-In, Dishwasher, Disposal, Formal Dining, Gas Log, Hardwood Floors, Jetted Tub, Kitchen-Second, Kitchen-Updated, Master Bath, Mother-in-Law Apt, Range-Gas |
| Inclusions: Basketball Std, Elec Air Cleaner, Fireplace Insert, Microwave, Range, Range Hood, Window Covers |
| Remarks: SHORT SALE!Amazing Price,gorgeous remodeled rambler.European kitchen,wolf appliances,soothing master suite w/large soaking tub,sensational view,close to mtns. Lrg lot,on a secluded street.Mother-in-law downstairs.Easy to Show. 2 Light Fixtures Excluded. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $499,000 |
MLS# 713544 |
Stat: Active |
Ref # 4 |
| Address: 10094 WASATCH BLVD |
Type: Single Family |
Style: Rambler/Ranch |
| City: Sandy, UT 84092 |
Project: |
| Prop. Tour: NA |
NS/EW: 10094 S / 3300 E |
|
|
 |
Tot Sq Ft: 4530
Tot Beds: 6
Tot Baths: 3.00
Family Rms: 0
Fireplace: 1
Gar|Port: 2 | 0 |
Yr Built: 2005
Taxes: $3,683
Acres: 0.27
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 100% |
| Exterior: |
| Lot Facts: |
| Features & Info: / |
| Inclusions: |
| Remarks: SHORT SALE! Property sold as-is. Buyer to verify ALL information. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $580,000 |
MLS# 745293 |
Stat: Active |
Ref # 5 |
| Address: 3148 OLD MILL CIR |
Type: Single Family |
Style: 2-Story Modern |
| City: Cottonwood Heights, UT 84121 |
Project: OLD MILL |
| Prop. Tour: Tour |
NS/EW: 6650 S / 3148 E |
|
|
 |
Tot Sq Ft: 5172
Tot Beds: 4
Tot Baths: 3.00
Family Rms: 2
Fireplace: 2
Gar|Port: 3 | 0 |
Yr Built: 1996
Taxes: $1
Acres: 0.24
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 0% |
| Exterior: Brick |
| Lot Facts: Curb & Gutter, Sidewalks, Sprinkler, Auto-Full, Terrain,Flat |
| Features & Info: Deck, Double Pane, Entry(Foyer) / Bath-Sep Tub/Shower, Den/Office, Dishwasher, Disposal, Formal Dining, Gas Log, Hardwood Floors, Jetted Tub, Master Bath, Vaulted Ceilings |
| Inclusions: Ceiling Fan, Microwave, Range, Range Hood |
| Remarks: SHORT SALE. Home to be sold As-Is. Section 10.2 of the REPC is not applicable. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $599,000 |
MLS# 750364 |
Stat: Active |
Ref # 6 |
| Address: 12262 GRAYSTONE LN |
Type: Single Family |
Style: 2-Story Conventional |
| City: Draper, UT 84020 |
Project: PHEASANT HILLS |
| Prop. Tour: NA |
NS/EW: 12262 S / 2100 E |
|
|
 |
Tot Sq Ft: 6187
Tot Beds: 5
Tot Baths: 3.00
Family Rms: 2
Fireplace: 2
Gar|Port: 3 | 0 |
Yr Built: 1992
Taxes: $4,302
Acres: 0.36
HOA Fee: $40
Under Cnst: No
Fin Bsmnt: 10% |
| Exterior: Brick |
| Lot Facts: Terrain, Hilly, View, Mtn, View, Valley |
| Features & Info: Deck Covered, Double Pane, Entry(Foyer), Skylights / Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Formal Dining, Gas Log, Hardwood Floors, Jetted Tub, Oven-Double, Range-Gas |
| Inclusions: Alarm System, Compactor, Refrigerator, Swing Set, Water Soft Own |
| Remarks: SHORT SALE! $200K below appraisal!! Subject to bank approval. Bring all offers. Amazing VIEWS from this east bench executive home. Beautifully updated. Must sell!! Includes neighborhood pool and tennis/basketball court. Owner agent. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $619,900 |
MLS# 774149 |
Stat: Active |
Ref # 7 |
| Address: 1373 W CARRIAGE VIEW CT |
Type: Single Family |
Style: Rambler/Ranch |
| City: South Jordan, UT 84095 |
Project: CARRIAGE PLACE |
| Prop. Tour: NA |
NS/EW: 10630 S / 1373 W |
|
|
 |
Tot Sq Ft: 5090
Tot Beds: 5
Tot Baths: 4.00
Family Rms: 1
Fireplace: 1
Gar|Port: 3 | 0 |
Yr Built: 2007
Taxes: $911
Acres: 0.35
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 0% |
| Exterior: Brick, Stone, Stucco |
| Lot Facts: Cul-de-Sac, Curb & Gutter, Fenced Part, Paved Road, Sidewalks, Sprinkler – Auto-Part, Terrain,Flat, View, Mtn |
| Features & Info: Bay/Box Windows, Double Pane, Entry(Foyer), Outdoor Lighting, Patio Covered / Bath-Sep Tub/Shower, Closet-Walk-In, Den/Office, Dishwasher, Disposal, Hardwood Floors, Jetted Tub, Master Bath, Range Oven Built In, Vaulted Ceilings |
| Inclusions: |
| Remarks: SHORT SALE* Price Reduced* Bring all offers* Gorgeous home w/top quality finishes* Great location* See Agent Remarks* Buyer to verify all info. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $659,000 |
MLS# 772004 |
Stat: Active |
Ref # 8 |
| Address: 13006 GLACIER POINT CIR |
Type: Single Family |
Style: Rambler/Ranch |
| City: Draper, UT 84020 |
Project: DEER HOLLOW PH 2 |
| Prop. Tour: Tour |
NS/EW: 13006 S / 1820 E |
|
|
 |
Tot Sq Ft: 5842
Tot Beds: 5
Tot Baths: 5.00
Family Rms: 2
Fireplace: 3
Gar|Port: 3 | 0 |
Yr Built: 1999
Taxes: $4,181
Acres: 0.42
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 95% |
| Exterior: Brick |
| Lot Facts: Cul-de-Sac, Curb & Gutter, Fenced Part, Sidewalks, Sprinkler, Auto-Full, Terrain, Grad Slope, View, Mtn, View, Valley, Private Yard |
| Features & Info: Balcony, Bay/Box Windows, Deck, Deck Covered, Double Pane, Outdoor Lighting, Patio Covered, Porch Open / Bar Wet, Central Vacuum, Closet-Walk-In, Den/Office, Formal Dining, Hardwood Floors, Intercom, Jetted Tub, Master Bath, Vaulted Ceilings |
| Inclusions: Alarm System, Ceiling Fan, Microwave, Range, Refrigerator, Satellite Dish, Water Soft Own, Window Covers |
| Remarks: Short Sale.Bring your best offer,offers subject to 3rd party approval.Stainless appli.,granite cnter,built in cherrywd canb in den.Fireplace in Mst bed,Walk/basement,wetbar dnstairs.Great view of mnts & valley. Show by appt only sold as is.Agent/Related |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $799,000 |
MLS# 760553 |
Stat: Active |
Ref # 9 |
| Address: 2632 E ROBIDOUX RD |
Type: Single Family |
Style: 2-Story Conventional |
| City: Sandy, UT 84093 |
Project: WILLOW CREEK |
| Prop. Tour: Tour |
NS/EW: 8240 S / 2632 E |
|
|
 |
Tot Sq Ft: 7499
Tot Beds: 5
Tot Baths: 5.00
Family Rms: 3
Fireplace: 4
Gar|Port: 3 | 0 |
Yr Built: 1976
Taxes: $6,374
Acres: 0.34
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 0% |
| Exterior: Stone, Stucco |
| Lot Facts: Curb & Gutter, Paved Road, Sidewalks, Sprinkler, Auto-Full, View, Mtn, Wooded |
| Features & Info: Animals Permitted, Balcony, Deck Covered, Double Pane, Outdoor Lighting, Patio Covered / Bar Wet, Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Den/Office, Dishwasher, Disposal, Formal Dining, French Doors, Jetted Tub, Kitchen-Updated, Master Bath, Oven-Gas, Range-Gas, Vaulted Ceilings |
| Inclusions: |
| Remarks: Short Sale! Make Any Offer! Appraised At $1 Million! Superb Golf Course Living On 10th Hole Willow Creek Country Club. Complete Remodel, Spacious Master Suite, Bonus Ent Rooms, 2 Large Decks W/Gorgeous Views. Huge Office & Laundry. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $799,900 |
MLS# 747229 |
Stat: Active |
Ref # 10 |
| Address: 1815 OSAGE ORANGE AVE |
Type: Single Family |
Style: Rambler/Ranch |
| City: Holladay, UT 84124 |
Project: |
| Prop. Tour: Tour |
NS/EW: 4425 S / 1815 E |
|
|
 |
Tot Sq Ft: 5120
Tot Beds: 4
Tot Baths: 3.00
Family Rms: 1
Fireplace: 1
Gar|Port: 3 | 0 |
Yr Built: 2006
Taxes: $1,788
Acres: 0.41
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 45% |
| Exterior: Brick, Stucco |
| Lot Facts: Curb & Gutter, Sprinkler – Auto-Part |
| Features & Info: Double Pane, Patio Covered / Central Vacuum, Closet-Walk-In, Den/Office, Dishwasher, Disposal, Gas Log, Hardwood Floors, Jetted Tub, Master Bath, Oven-Double, Vaulted Ceilings |
| Inclusions: Ceiling Fan, Microwave, Range Hood, Water Soft Own |
| Remarks: Short Sale-Subject to Bank Approval. Beautiful Custom Hm in the heart of Holladay!Office on main. Gourmet kitchen, island w/sink,Pro Jenn-air gas range, double ovens. Large dining area. Master suite w/sitting area, large WIC. Beautiful tile work. |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $799,900 |
MLS# 767987 |
Stat: Active |
Ref # 11 |
| Address: 2552 WILSHIRE CIR |
Type: Single Family |
Style: 2-Story Conventional |
| City: Salt Lake City, UT 84109 |
Project: |
| Prop. Tour: Tour |
NS/EW: 2552 S / 2700 E |
|
|
 |
Tot Sq Ft: 6633
Tot Beds: 8
Tot Baths: 5.00
Family Rms: 4
Fireplace: 4
Gar|Port: 2 | 0 |
Yr Built: 1955
Taxes: $5,615
Acres: 0.50
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 100% |
| Exterior: Brick |
| Lot Facts: Cul-de-Sac, Curb & Gutter, Fenced Full, Sidewalks, Terrain,Flat |
| Features & Info: Balcony, Bay/Box Windows, Entry(Foyer), Patio / Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Dishwasher, Disposal, Formal Dining, Gas Log, Jetted Tub, Kitchen-Updated, Master Bath, Oven-Wall |
| Inclusions: |
| Remarks: SHORT SALE- BRING ALL OFFERS. REMODELED HOME IN SL COUNTRY CLUB AREA, CLOSE TO UNIVERSITY, EASY FREEWAY ACCESS, END OF CUL-DE-SAC, LARGE ROOMS, VAULTED CEILINGS. BUYER TO VERIFY ALL, SUBJECT TO 3RD PARTY APPROVAL |
Information deemed reliable but not guaranteed. Buyer to verify all information. |
|
Jake Breen and Spencer Janke Office
|
| List Price: $850,000 |
MLS# 718641 |
Stat: Active |
Ref # 12 |
| Address: 3836 E VIEWCREST DR |
Type: Single Family |
Style: Mansion |
| City: Salt Lake City, UT 84124 |
Project: OLYMPUS COVE |
| Prop. Tour: Tour |
NS/EW: 4300 S / 3836 E |
|
|
 |
Tot Sq Ft: 8209
Tot Beds: 6
Tot Baths: 5.00
Family Rms: 2
Fireplace: 4
Gar|Port: 3 | 0 |
Yr Built: 1981
Taxes: $4,910
Acres: 0.42
HOA Fee: $0
Under Cnst: No
Fin Bsmnt: 95% |
| Exterior: Brick |
| Lot Facts: Curb & Gutter, Sidewalks, Sprinkler, Auto-Full |
| Features & Info: Skylights / Bar Wet, Central Vacuum, Closet-Walk-In, Dishwasher, Disposal, Formal Dining, French Doors, Hardwood Floors, Intercom, Oven-Double |
| Inclusions: |
| Remarks: Short Sale sold AS IS,Subject to Bank Approval,47% Under Appraisal last NOV. Instant EQUITY in your pocket. Luxury Home in Olympus Cove with Marble Entry & Grand Staircase. Solid Granite Counters. Luxury master suite. |
