Question 1

What is the asking price for 114 200, Laketown?

Accepted Answer

114 200, Laketown is listed at $799,900 ($540/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 114 200, Laketown have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 1,480 square feet of living space. It is a 2-story home. The lot is 1.05 acres.

Question 3

When was 114 200, Laketown built?

Accepted Answer

This property was built in 2003, making it 23 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 114 200, Laketown?

Accepted Answer

114 200, Laketown is a Residential (Single Family Residence). The architectural style is Cabin.  Zoning: Single-Family, Agricultural.

Question 5

Does 114 200, Laketown have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 10 open parking spaces. Total parking capacity: 12 vehicles.

Question 6

Is there an HOA for 114 200, 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 7

What are the property taxes for 114 200, Laketown?

Accepted Answer

Annual property taxes for this property are approximately $1,216 (about $101/month). This represents an effective tax rate of approximately 0.15% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 114 200, Laketown?

Accepted Answer

Interior features include: French Doors, Range/Oven: Free Stdng., Vaulted Ceilings. Exterior features include: Double Pane Windows. The home has 1 fireplace.   View: Lake,Valley.

Question 9

Is 114 200, Laketown a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 90/100. Key deal signals: 11.7% year-over-year market appreciation. The price is 103% above 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 $394,450 (based on 4 homes). At $799,900, this listing is 103% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 114 200, Laketown?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $4,015. Including estimated taxes, the total monthly cost is approximately $4,116. A 15-year mortgage at 5.79% would be $5,328/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 114 200, Laketown been on the market?

Accepted Answer

This property has been listed for 6 days.  This is a fresh listing — act quickly if interested.

Question 13

Is 114 200, Laketown a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $22,950 with a gross rental yield of 2.9%. Net rental yield (after estimated expenses): 1.9%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 44/100. These are estimates based on area comparables.

Question 14

Can 114 200, Laketown be used as a short-term rental?

Accepted Answer

This property shows potential for short-term rental use (Airbnb/VRBO). Estimated annual STR revenue: $24,632 (1.1x long-term rental income). Check local zoning regulations and HOA rules before purchasing for STR purposes — many Utah municipalities have specific short-term rental ordinances.

Question 15

What is the estimated rental income for 114 200, Laketown?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,913 ($22,956/year). The gross rent multiplier is 34.9x (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 114 200, Laketown offer?

Accepted Answer

Propaired's AI has identified 3 lifestyle features for this property: Cabin/Mountain, OHV/ATV Trails, Short-Term Rental Potential. The primary lifestyle niche is "cabin_mountain." These tags are derived from MLS data, property features, and location analysis.

Question 17

What schools serve 114 200, Laketown?

Accepted Answer

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

Question 18

What high school is near 114 200, 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 19

What elementary school is near 114 200, 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 20

What middle school is near 114 200, Laketown?

Accepted Answer

The nearest middle school is Rich.

Question 21

Is 114 200, 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 22

What is the Propaired intelligence score for 114 200, Laketown?

Accepted Answer

This property has a Propaired intelligence score of 52/100, combining deal value (90), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (3 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 23

What heating and cooling systems does 114 200, Laketown have?

Accepted Answer

Heating: Electric,Wood. Cooling: Natural Ventilation. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 24

What type of roof does 114 200, Laketown have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 23-year-old home, reviewing recent roof inspections is recommended.

Question 25

Does 114 200, Laketown have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 26

What is 114 200, Laketown constructed from?

Accepted Answer

Construction materials include: Log,Stone. Stone construction provides exceptional durability and a premium aesthetic.

Question 27

What type of flooring does 114 200, Laketown have?

Accepted Answer

Flooring types include: Carpet,Hardwood. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.  Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 28

What are the water and sewer connections for 114 200, 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 29

What would homeowner's insurance cost for 114 200, 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 $799,900, expect approximately $2,400-$4,000/year ($200-$333/month).   Get multiple quotes — rates vary significantly by insurer.

Question 30

What are the estimated closing costs for 114 200, Laketown?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $799,900, expect approximately $15,998-$39,995 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 31

How does the property tax compare to the list price at 114 200, Laketown?

Accepted Answer

The annual property tax of $1,216 represents an effective rate of 0.15% relative to the list price of $799,900. 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 32

What are the total estimated monthly costs for 114 200, Laketown?

Accepted Answer

Estimated total monthly housing cost: $4,383. This includes principal & interest ($4,015 at 6.43% with 20% down), property tax ($101/mo), and estimated insurance (~$267/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 33

Is 114 200, Laketown eligible for FHA or VA financing?

Accepted Answer

At $799,900, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 34

What is the estimated cap rate for 114 200, Laketown?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.9%, based on estimated annual rent of $22,950 and a purchase price of $799,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 35

Could 114 200, Laketown be a 1031 exchange property?

Accepted Answer

Yes, 114 200, 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 36

How does 114 200, Laketown compare to recently sold homes nearby?

Accepted Answer

Based on 4 comparable properties, the median sold price in this area is $394,450. This listing is 103% above the comparable median. It ranks Premium 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 37

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 153% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 38

Is 114 200, Laketown overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 103% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 90/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 39

What school district is 114 200, 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 40

Is 114 200, Laketown move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 41

What updates might 114 200, Laketown need?

Accepted Answer

At 23 years old, common updates to consider include: HVAC system update. Current roof: Metal. Current heating: Electric,Wood. 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 42

Does 114 200, 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 43

What is the lot like at 114 200, Laketown?

Accepted Answer

The lot is 1.05 acres. Lot features: Fenced: Part,Road: Paved,Terrain: Grad Slope,Terrain: Mountain,View: Lake,View: Valley. Terrain: Fenced: Part, Road: Paved, Terrain: Grad Slope, Terrain: Mountain, View: Lake, View: Valley. Views: Lake,Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 44

What utilities are available at 114 200, Laketown?

Accepted Answer

Available utilities include: Electricity Connected,Sewer: Septic Tank. 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.

114 200, Laketown, UT 84038

114 S 200 E, Laketown, UT 84038

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