Pleasant Grove — W 400 N

About this deal

Pleasant Grove house hack — 3+/2 rambler on a corner lot, 2,028 sqft over a full basement with a separate entrance and a newer roof, at a $360K asking price against a $515K MLS-verified ARV. Occupied; assignable contract, buyer pays both sides of closing.

Three-bed-plus, two-bath 1939 rambler on a corner lot in old-town Pleasant Grove — 2,028 square feet over a full basement with a separate entrance that gives it house-hack or basement-apartment potential, plus a newer roof, a newer sprinkler system and updated plumbing and electrical, occupied and shown by appointment. The asking price sits essentially at the 70%-rule line against the after-repair value, so this is a buy-and-hold or house-hack play rather than a deep-discount flip, and the separate entrance is what unlocks the rent upside. The caveat is age — this is the oldest home in the comp set (effective 1984) — so confirm systems and condition at the walkthrough before leaning on resale.

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.