124 1480, Tooele, UT 84074
3BD/—BA Residential in Tooele, UT 84074. 2,115 sqft. Built 1999. Listed at $440,000. MLS #2158161.
3BD/—BA Residential in Tooele, UT 84074. 2,115 sqft. Built 1999. Listed at $440,000. MLS #2158161.
Wow! If you're looking for an amazing home in the wonderful Overlake Estates neighborhood, this is it! The location is great, just a short drive to the mountain trails...T-Trail, Settlement Canyon, Deseret Peak, etc...and only 30 minutes to Salt Lake International Airport and 40 minutes to downtown Salt Lake. As you drive up to the home, you will love the curb appeal. There are plenty of trees and plants, providing both shade and privacy. The fully fenced back yard is quite large, great for kids or pets, or for a backyard BBQ. The views of the mountains from around the property are spectacular, whether you're inside or out! As you move inside, you're sure to appreciate the beautiful upgrades, warm colors, and lots of light. The floorplan is ideal, with a large kitchen and family room on the main level, perfect for parties and gatherings. The kitchen has plenty of counters and cabinets, and you'll love the butcher block counter tops! There are 3 good size bedrooms upstairs, including the large master suite with a huge master bath and a great view of the Oquirrh Mountains. The basement is a blank slate, so you can finish it off however you like, with bedrooms, an office, a family room, a workshop...the choice is yours! If it is low maintenance that excites you, you will be glad to know that the roof was new in 2021, the water heater was replaced in 2021, and the carpet was all new in 2023. Also, the furnace recently had a new blower and control panel installed. This home is a gem that you don't want to miss, so get out and see it soon before someone steals it out from under you! Square footage figures are provided as a courtesy estimate only and were obtained from previous appraisal. Buyer is advised to obtain an independent measurement. AGENTS: Please review private remarks before scheduling showings or sending offers.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
OVERLAKE ESTATES
County
Tooele
Zoning
Single-Family
Lot Size
0.18 sq ft
Above Grade Area
1,410 sq ft
Condition
Blt./Standing
MLS #
2158161
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
OVERLAKE ESTATES
County
Tooele
Zoning
Single-Family
Lot Size
0.18 sq ft
Above Grade Area
1,410 sq ft
Condition
Blt./Standing
MLS #
2158161
List Price
$440,000
Original Price
$450,000
HOA Fees
$40 / Annually
Annual Taxes
$2,320
Home Warranty
No
List Price
$440,000
Original Price
$450,000
HOA Fees
$40 / Annually
Annual Taxes
$2,320
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Full
Appliances
Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Basement
Full
Appliances
Microwave
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
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
95/100
vs Similar Homes
9% below
vs Market Median
6% above
Price Reduced
2.2%
Area Growth (YoY)
11.7%
Deal Score Breakdown
95/100 · 2 qualifying signals
11.7% year-over-year ZHVI growth in this area
Priced 9% below the median of similar listings
Priced 6% above the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$727/mo (-24.3% return on ownership cost) · STR net cashflow -$2,081/mo (-69.6% 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
$2,574/mo
Range: $1,591 – $3,557
Net Monthly Cash Flow
−$727 /mo (−$8,724/yr)
Monthly rental income
Monthly ownership cost
Coverage
86%
Net /mo
−$727
DSCR
1.03
Est. Annual Revenue
$15,614/yr
$116/night · 58% occupancy · $50/bedroom · $0.07/sqft
Net Monthly Cash Flow
−$2,081 /mo (−$24,970/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$2,081
DSCR
0.41
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$410,000
+7% vs median
58 days
151
$215,000 – $975,900
$2,320
$40/annually
Moderate
15.1
per 1,000
27.3
per 1,000
10.9
per 1,000
53.3
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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Celeste Green - Utah Real Estate Agent
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