1177 Reese Dr Provo, UT 84601

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3 beds · 3 baths · 2,033 sq ft · Lot Size: 13,155 sq ft · Single Family Home · Lake View North
Est. Property Value: $448,697

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageGood value per sqftOwned for 15 - 25 YearsOwner Age 45 - 55

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1177 Reese Dr is in the Lake View North neighborhood of Provo, UT. It is located in Utah County and ZIP code 84601. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 2033 sq ft with 3 bedrooms and 3 bathrooms and sits on a 13155 sq ft lot. According to public records, it was last sold in 2009 for $225,612 and has a tax-assessed value of $557,200, which is $221 per sq ft. The Lake View North area of Provo has 545 residential homes with an average size of 1709 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1177 Reese Dr Provo, UT 84601 with Property Intel by Whitepages.

1177 Reese Dr

Provo, UT 84601

Owner Info

Owners & Occupancy for 1177 Reese Dr

This property is owned by Thomas Burns Harker. Owner contact information includes 6 phone numbers and 6 email addresses.

Property Owners

OccupationVice President Global Channels, Zenger Folkman
Cell Phone(801) ***-****View Cell Phone
Residence*********
Landline(801) 783-3678
Distance from Property**********
Email Address*************@gmail.comView Email

Residence*********
Landline
Distance from Property**********
Email Address*****@theharkers.netView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 41
Resident 2******************* age 46

Property Financials for 1177 Reese Dr

1177 Reese Dr, Provo, UT has a mortgage from Rocky Mtn Mtg Grp Llc (orig. October 01, 2021). The Utah county assessment for 2024 values it at $557,200, with annual taxes of $3,113.

Mortgage & Equity Information

Loan Amount$******
LenderRocky Mtn Mtg Grp Llc
Origination DateOctober 01, 2021
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJuly 22, 2009
Property Tax Amount$3,113 in 2024
Purchase Price$225,612
Assessed Value$557,200 on 2024

Investment Potential for 1177 Reese Dr

The property has a current estimated value of $448,697, which is 16% below the neighborhood median, based on public records. It last sold on July 22, 2009 for $226K. Projected long-term
is $31,200 annually ($2,600 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
96%in 84601 zip code
 
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Property Details for 1177 Reese Dr

Property Details

Property Sq Ft

Living Area

2,033 sq ft

19% above market

Lot Size

13,155 sq ft

53% above market

Price Per Sq Ft

Living Area

$221 / sq ft

24% below market

Lot Size Area

$34 / sq ft

44% below market

Property condition, age, exterior, etc. for 1177 Reese…
Longitude: -111.699351 Latitude: 40.249961 Parcel Number (APN): 55-600-0011…

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Discover more single family homes near 1177 Reese Dr in Provo, Utah. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1177 Reese Dr in Utah County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$448,697
$489,437
-$40,739 (-8%)
$******
$607,798
-$78,324 (-13%)
YoY Price Change
****%
2.55%
582%
Year Built
2006
1998
8 years
Living Space
2,033 sq ft
1,715 sq ft
318 (19%)
$ Per Living Sq Ft
$221
$283
-$62 (-22%)
Lot Size
13,155 sq ft
8,276 sq ft
4879 (59%)
$ Per Lot Sq Ft
$34
$58
-$24 (-41%)

Net Operating Income
$*****
$18,176
$2,477 (14%)
Annual Revenue
$31,200
$28,200
$3,000 (11%)
$*****
$9,565
$982 (10%)
Net Operating Income
$*****
$18,176
$2,477 (14%)
Cap Rate
****%
3.75%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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