1029 2220, Heber City, UT 84032
3BD/—BA Residential in Heber City, UT 84032. 1,460 sqft. Built 2024. Listed at $420,000. MLS #2140504.
3BD/—BA Residential in Heber City, UT 84032. 1,460 sqft. Built 2024. Listed at $420,000. MLS #2140504.
Seller is offering $10,000 in seller paid closing costs toward buyer closing costs or rate buy-down! Wonderful 3 bedroom townhome with a 2 car garage. Exceptional opportunity in Old Mill Village-ideal for both investors and owner-occupants. The community is well-maintained with an active HOA, helping preserve long-term value and appeal. Conveniently located in the heart of Heber, you're just minutes from Soldier Hollow (20+ miles of hiking, biking, and cross-country skiing), Wasatch Mountain State Park, Wasatch Mountain Golf Course, Midway, and Deer Creek Reservoir, and only 25 minutes to Park City Main Street. Additional units available. Listing photos may be of a similar unit.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
OLD MILL VILLAGE
County
Wasatch
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,460 sq ft
Condition
Blt./Standing
MLS #
2140504
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
OLD MILL VILLAGE
County
Wasatch
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,460 sq ft
Condition
Blt./Standing
MLS #
2140504
List Price
$420,000
Original Price
$425,000
HOA Fees
$291 / Monthly
Annual Taxes
$3,327
Home Warranty
No
List Price
$420,000
Original Price
$425,000
HOA Fees
$291 / Monthly
Annual Taxes
$3,327
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Slab
Materials
Stone,Stucco,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Slab
Materials
Stone,Stucco,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
3% below
vs Market Median
7% below
Price Reduced
1.2%
Area Growth (YoY)
0.9%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 7% below the per-subtype city median
Priced 3% below the median of similar listings
1% price reduction from original list — seller may be motivated
0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,411/mo (-43.6% return on ownership cost) · STR net cashflow -$2,315/mo (-71.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$2,075/mo
Range: $526 – $3,624
Net Monthly Cash Flow
−$1,411 /mo (−$16,927/yr)
Monthly rental income
Monthly ownership cost
Coverage
64%
Net /mo
−$1,411
DSCR
0.87
Est. Annual Revenue
$15,800/yr
$235/night · 49% occupancy · $64/bedroom · $0.11/sqft
Net Monthly Cash Flow
−$2,314 /mo (−$27,767/yr)
Monthly STR income
Monthly ownership cost
Coverage
41%
Net /mo
−$2,315
DSCR
0.44
School District
Wasatch
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$843,000
-50% vs median
101 days
412
$14,900 – $31,000,000
$3,327
$291/monthly
Moderate
7.8
per 1,000
22.4
per 1,000
14.8
per 1,000
45.0
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Devin Tanner - Utah Realtor
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