Question 1

What is the asking price for 326 MAIN, Laketown?

Accepted Answer

326 MAIN, Laketown is listed at $300,000.  This listing is currently active and available for showings.

Question 2

When was 326 MAIN, Laketown built?

Accepted Answer

This property was built in 1936, making it 90 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 3

What type of property is 326 MAIN, Laketown?

Accepted Answer

326 MAIN, Laketown is a Commercial Sale (Retail).

Question 4

Is there an HOA for 326 MAIN, Laketown?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 5

What are the property taxes for 326 MAIN, Laketown?

Accepted Answer

Annual property taxes for this property are approximately $686 (about $57/month). This represents an effective tax rate of approximately 0.23% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 326 MAIN, Laketown been on the market?

Accepted Answer

This property has been listed for 139 days.  Extended time on market may present negotiation opportunities for buyers.

Question 7

What would homeowner's insurance cost for 326 MAIN, 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 $300,000, expect approximately $900-$1,500/year ($75-$125/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 8

What are the estimated closing costs for 326 MAIN, Laketown?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $300,000, expect approximately $6,000-$15,000 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 9

How does the property tax compare to the list price at 326 MAIN, Laketown?

Accepted Answer

The annual property tax of $686 represents an effective rate of 0.23% relative to the list price of $300,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 10

Is 326 MAIN, Laketown eligible for FHA or VA financing?

Accepted Answer

At $300,000, 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 11

Could 326 MAIN, Laketown be a 1031 exchange property?

Accepted Answer

Yes, 326 MAIN, 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 12

Is 326 MAIN, Laketown move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 13

What updates might 326 MAIN, Laketown need?

Accepted Answer

At 90 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   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 14

Does 326 MAIN, 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 15

What is the lot like at 326 MAIN, Laketown?

Accepted Answer

The lot is 0.32 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

326 MAIN, Laketown, UT 84038

326 N MAIN, Laketown, UT 84038

About This Property

Property Info

Financial

Parking

All Property Details

Property Info

Financial

Lot & Land

Parking

Amenities

Timeline

Laketown Market Context

Connect with a Buyer’s Agent

Find Your Dream Home

Frequently Asked Questions

Discover