Tooele — E 200 S

About this deal

1925 Tooele bungalow at 37 E 200 S — a $175K 'restoration ready' project with an unfinished basement, against a $330K ARV. The $389K claim runs ~$59K rich, but the spread is real if the rehab stays in the $50–80K range.

Three-bed, one-bath 1925 Tooele bungalow on E 200 S with a detached one-car garage and covered patio, priced as a restoration project with an unfinished basement. The four MLS-sold comps put the after-repair value at $330K at the bottom of the range — the two size-matched prints both closed at exactly $330K, while the $360K-plus sales are fully renovated turnkey homes. The $175K ask is a deep value-add, but the swing factor is the basement: the county records only 1,064 square feet above grade of the marketed 1,792, so the ARV holds only if the basement finishes out.

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. We only publish an ARV once our licensed agents have confirmed it against MLS sold comps — until then it reads "Pending MLS verification." 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.