Tooele — Fox Run Dr

About this deal

Light-rehab 2005 build with a real spread on paper — but three bedrooms inside 3,100 sqft is what actually caps the resale.

2005 build on 0.18 acres. Some updated finishes already in place and, by the contract holder's description, only light rehab needed, with "potential to optimize space in the basement." Public record confirms the build year and lot size; it last sold in 2013 for $243,800. Occupied, shown by appointment.

How we got our ARV

Our conservative comp-based ARV is $500,000 — provisional, low confidence. Tooele 84074 median sale is $446,000 at $179/sqft, down 3.2% year over year. Applying $179 to 3,100 sqft would imply $555,000, but that overstates a house where much of the footprint is unfinished, so we underwrite a finished-equivalent near 2,400–2,600 sqft and hold a $480,000–$530,000 range. The claimed $577,000 sits about $77,000 above us, or 15%.

The underwrite

At $389,000 the ask is 78% of our ARV. The 70% rule caps a flip offer near $325,000 after roughly $25,000 of work. As a rental, our $2,250/mo estimate against the asking price is a thin 0.58% rent-to-price.

Red Valley Real Estate presents every deal in the same format — asking price, ARV, and projected rent — so you can compare opportunities side by side. The ARV we show is our OWN conservative comp-based estimate, not the wholesaler's number: we comp every deal independently and lean to the low end, then show the wholesaler's claim beside ours so you can see the gap. Public-comp figures are marked provisional until our licensed agents confirm them against MLS sold data. We don't publish rehab numbers we can't stand behind: where you see a rehab range, it comes from our review of the property photos, and you can test your own assumptions with the calculators below or ask us to arrange a contractor walkthrough.