Question 1

What is the asking price for 155 LAST CHANCE, Laketown?

Accepted Answer

155 LAST CHANCE, Laketown is listed at $249,000 ($55/sqft). The original list price was $295,000, representing a reduction of $46,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 155 LAST CHANCE, Laketown have?

Accepted Answer

This Residential features 6 bedrooms, 4 bathrooms, 4,522 square feet of living space. It is a 3-story home. The lot is 1.01 acres.

Question 3

When was 155 LAST CHANCE, Laketown built?

Accepted Answer

This property was built in 1999, making it 27 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 155 LAST CHANCE, Laketown?

Accepted Answer

155 LAST CHANCE, Laketown is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the LAST CHANCE PH 1 LOT 8 subdivision. Zoning: Single-Family.

Question 5

Does 155 LAST CHANCE, Laketown have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 8 open parking spaces. Total parking capacity: 10 vehicles.

Question 6

Is there an HOA for 155 LAST CHANCE, Laketown?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $1. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 155 LAST CHANCE, Laketown?

Accepted Answer

Annual property taxes for this property are approximately $3,061 (about $255/month). This represents an effective tax rate of approximately 1.23% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 155 LAST CHANCE, Laketown?

Accepted Answer

Interior features include: Bar: Wet, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office. Exterior features include: Double Pane Windows, Entry (Foyer), Lighting, Sliding Glass Doors, Walkout. The home has 1 fireplace.   View: Lake,Mountain(s),Valley.

Question 9

Is 155 LAST CHANCE, Laketown a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 100/100. Key deal signals: Priced 55% below similar homes; Priced 83% below market value; 11.7% year-over-year market appreciation. The price is 55% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Laketown?

Accepted Answer

The median price for similar properties in the area is $549,450 (based on 4 homes). At $249,000, this listing is 55% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

Has the price been reduced on 155 LAST CHANCE, Laketown?

Accepted Answer

Yes, the price has been reduced by 15.6% from the original list price of $295,000 to the current price of $249,000 — a reduction of $46,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 155 LAST CHANCE, Laketown?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $1,250. Including estimated taxes and HOA fees, the total monthly cost is approximately $1,506. A 15-year mortgage at 5.79% would be $1,658/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 155 LAST CHANCE, Laketown been on the market?

Accepted Answer

This property has been listed for 393 days.  Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 155 LAST CHANCE, Laketown a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $82,146 with a gross rental yield of 33.0%. Net rental yield (after estimated expenses): 21.4%. This property passes the 1% rule — monthly rent exceeds 1% of purchase price. Estimated debt service coverage ratio (DSCR): 4.82. Investor score: 90/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 155 LAST CHANCE, Laketown?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $6,845 ($82,140/year). The gross rent multiplier is 3.0x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 155 LAST CHANCE, Laketown offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: OHV/ATV Trails, Hot Tub/Spa. The primary lifestyle niche is "ohv_atv_trails." These tags are derived from MLS data, property features, and location analysis.

Question 17

What recreation is near 155 LAST CHANCE, Laketown?

Accepted Answer

This property has a recreation score of 63/100. Nearby recreation includes: Limber Pine Nature trailhead (9.9 mi); Henry Earley Park park (0.7 mi); Bear Lake Golf Course (6.0 mi); Bear Lake State Park (10.3 mi). Skiing: Beaver Mountain Resort (14.9 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

What amenities and services are near 155 LAST CHANCE, Laketown?

Accepted Answer

This property has an amenity proximity score of 68/100. Nearby services include: Grocery: BEARS DEN (9.1 mi); Hospital: Keith W. Kent, NP (25.1 mi); Pharmacy: Bear Lake Drug Garden City (8.9 mi); Dining: Laketown Drive-In (1.9 mi). Gas station: 0.9 miles. Gym: The Shed Fit 365 (9.3 mi).

Question 19

How far is the nearest hospital from 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest hospital is Keith W. Kent, NP, approximately 25.1 miles from the property. The nearest fire station is 1.1 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 20

What schools serve 155 LAST CHANCE, Laketown?

Accepted Answer

Assigned schools: Elementary: North Rich; Middle: Rich; High: Rich.   School district: Rich.

Question 21

What high school is near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest high school is Rich. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 22

What elementary school is near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest elementary school is North Rich. Propaired provides full school ratings and comparison data for all schools in this area.

Question 23

What middle school is near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest middle school is Rich.

Question 24

What is the internet speed at 155 LAST CHANCE, Laketown?

Accepted Answer

This property has a broadband score of 75/100 (Good). Best available speed: 300 Mbps download / 30 Mbps upload. Fiber is not currently available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CentraCom (100 Mbps, Fixed Wireless); CentraCom (10 Mbps, DSL). Total providers: 6.

Question 25

Is 155 LAST CHANCE, Laketown in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 26

What is the Propaired intelligence score for 155 LAST CHANCE, Laketown?

Accepted Answer

This property has a Propaired intelligence score of 90/100, combining deal value (100), recreation access (63), amenity proximity (68), broadband quality (75), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 27

What heating and cooling systems does 155 LAST CHANCE, Laketown have?

Accepted Answer

Heating: Gas: Radiant,Hot Water,Propane. Cooling: Natural Ventilation. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 28

What type of roof does 155 LAST CHANCE, Laketown have?

Accepted Answer

The roof material is Asphalt,Pitched. Asphalt shingles typically last 20-30 years in Utah's climate. With a 27-year-old home, reviewing recent roof inspections is recommended.

Question 29

Does 155 LAST CHANCE, Laketown have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 30

What is 155 LAST CHANCE, Laketown constructed from?

Accepted Answer

Construction materials include: Asphalt,Stucco. The construction type affects long-term maintenance requirements and insurance costs.

Question 31

What type of flooring does 155 LAST CHANCE, Laketown have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 32

What are the water and sewer connections for 155 LAST CHANCE, Laketown?

Accepted Answer

Water source: Culinary. Sewer: Septic Tank.  Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 33

What shopping and dining is near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest restaurant is Laketown Drive-In (1.9 miles away) and the nearest grocery store is BEARS DEN (9.1 miles). Coffee: Moose Buns (9.1 mi). Banking: Zions Bank (9.8 mi). Overall amenity proximity score: 68/100.

Question 34

What would homeowner's insurance cost for 155 LAST CHANCE, Laketown?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $249,000, expect approximately $747-$1,245/year ($62-$104/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 155 LAST CHANCE, Laketown?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $249,000, expect approximately $4,980-$12,450 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 36

How does the property tax compare to the list price at 155 LAST CHANCE, Laketown?

Accepted Answer

The annual property tax of $3,061 represents an effective rate of 1.23% relative to the list price of $249,000. This is above the Utah average of approximately 0.58%. Taxes may adjust after a sale based on the county's reassessment. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 37

What are the total estimated monthly costs for 155 LAST CHANCE, Laketown?

Accepted Answer

Estimated total monthly housing cost: $1,589. This includes principal & interest ($1,250 at 6.43% with 20% down), property tax ($255/mo), HOA ($1/mo), and estimated insurance (~$83/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 155 LAST CHANCE, Laketown eligible for FHA or VA financing?

Accepted Answer

At $249,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 39

What is the estimated cap rate for 155 LAST CHANCE, Laketown?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 21.4%, based on estimated annual rent of $82,146 and a purchase price of $249,000. A cap rate above 6% is generally considered strong for residential investment. This property also passes the 1% rule.

Question 40

Could 155 LAST CHANCE, Laketown be a 1031 exchange property?

Accepted Answer

Yes, 155 LAST CHANCE, Laketown could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 41

How does 155 LAST CHANCE, Laketown compare to recently sold homes nearby?

Accepted Answer

Based on 4 comparable properties, the median sold price in this area is $549,450. This listing is 55% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $549,450. Comparable analysis is based on similar size, age, and location.

Question 42

Is the Laketown neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 11.7% over the past year. The current Zillow Home Value Index for this area is $522,379. This listing is priced at 48% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

Is 155 LAST CHANCE, Laketown overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 55% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 44

What school district is 155 LAST CHANCE, Laketown in?

Accepted Answer

This property is in the Rich school district. Assigned elementary: North Rich. Assigned middle: Rich. Assigned high: Rich. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 45

What parks are near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest local park is Henry Earley Park (0.7 miles away). The nearest state park is Bear Lake State Park (10.3 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 46

Is there a golf course near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest golf course is Bear Lake Golf Course, 6.0 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas.

Question 47

What water activities are near 155 LAST CHANCE, Laketown?

Accepted Answer

Water recreation near this property includes: Bear Lake (8.8 mi); boat ramp at Rendezvous Beach State Park (1.6 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 48

Is 155 LAST CHANCE, Laketown move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 49

What updates might 155 LAST CHANCE, Laketown need?

Accepted Answer

At 27 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Asphalt,Pitched. Current heating: Gas: Radiant,Hot Water,Propane. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 50

Does 155 LAST CHANCE, Laketown come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 51

What is the lot like at 155 LAST CHANCE, Laketown?

Accepted Answer

The lot is 1.01 acres. Lot features: Road: Paved,Road: Unpaved,Terrain: Grad Slope,View: Lake,View: Mountain,View: Valley. Terrain: Road: Paved, Road: Unpaved, Terrain: Grad Slope, View: Lake, View: Mountain, View: Valley. Views: Lake,Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 52

What utilities are available at 155 LAST CHANCE, Laketown?

Accepted Answer

Available utilities include: Electricity Connected,Sewer: Septic Tank,Water Connected. Water source: Culinary. Sewer: Septic Tank. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 53

Does 155 LAST CHANCE, Laketown have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Radiant,Hot Water,Propane. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Natural Ventilation) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 54

Is there EV charging near 155 LAST CHANCE, Laketown?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 9.0 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers.

155 LAST CHANCE, Laketown, UT 84038

155 S LAST CHANCE DR, Laketown, UT 84038

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Amenities NearbyScore: 68/100

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