PARK CITY OLD TOWN CHALET FOR SALE

Heather Feldman | Keller Williams Park City Real Estate | (435) 731-0803 950 Lowell Ave, Park City, UT Park City Old Town Chalet. Walk to Skiing and Historic Main Street. 2BR/2BA Single Family House offered at $675,000 Year Built 1970 Sq Footage 2,078 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 3 Parking 2 Uncovered spaces Lot Size 4,356 sqft HOA/Maint $0 per month DESCRIPTION Charming Old Town Chalet located within walking distance to Park City Mountain Resort and historic Main Street. Built on two full lots, this A-Frame home comfortably sleeps 10 and is offered fully furnished & ready to occupy. Secluded decks nestled amongst the trees come complete with Hot Tub and are ripe for entertaining. This 2 bedroom, 2 bath home has 2 lofts and two owner lock out storage areas. Tongue and groove wood vaulted ceilings add to the charm and ambiance. Ceiling-to-floor windows in the great room showcase this beautifully wooded double lot with expansion possibilities. Remodeled home features slate floors, upgraded cabinets and tile. Separate Sauna house included along with 2 assigned parking spots. Excellent opportunity for a primary residence or a rental property. Square footage source is public record. Buyer to verify all to their satisfaction. see additional photos below PROPERTY FEATURES - Central heat - Fireplace - High/Vaulted ceiling - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Washer - Dryer - Laundry area - inside - Balcony, Deck, or Patio - Yard OTHER SPECIAL FEATURES - Excellent Opportunity for a ski residence or an income property ADDITIONAL PHOTOS Front Exterior Rear Deck Kitchen Side Deck with Hot Tub Living Room from Loft Master Bedroom Upper Loft Living Room Loft Bathroom Bathroom 2 Bedroom 2 Wooded lot, rear of home Separate Sauna House Contact info: Heather Feldman Keller Williams Park City Real Estate (435) 731-0803 For sale by agent/broker Equal Opportunity Housing Posted: Oct 30, 2010, 2:23pm PDT

Park City's foreclosures

I have been given the assignment by some of my buyers to find them a screaming deal on a bank owned or short sale property here in Park City.

I make sure I am out looking at pretty much every home that is available so I am already prepared when I start working with a buyer. What I find to be the most frustrating is the lack of choices within the pricing criteria I am given. Here I have willing buyers and there is not much to choose from when it comes to bank owned properties.

Some of the short sales can be good deals, but the typical story is most buyers don't want to wait the long time frames required to buy these properties. I counsel my buyers that these can take a long time and 9 times out of 10 buyers move on. It is tough to put your life on hold hoping the bank will respond to the offer, hoping the bank's other divisions won't foreclose before the short sale division approves the offer. Gotta be flexible to buy a short sale!

Anyway, I suppose it is a testament to the strength of Park City's economy that we don't have a bunch of bank owned homes sitting around. Those that come up are scooped up quickly. With buyers that are not based here in Park City, it is tough to get them to make a decision long distance quickly enough. Now with foreclosures coming to a halt it ought to be even more interesting.

For help finding a great home or condo here in Park City, call me at 435-731-0803
Heather Feldman
Keller Williams Park City
heather@parkcityhousehunters.com

Related articles

• How To Do a Short Sale (pinkbananaworld.com)

Utah is starting to add JOBS!

Utah is starting to add jobs: Utah added 17,200 jobs for the 12 months ended in July, according to the Utah Department of Workforce Services. The numbers represented a 1.5 percent gain, compared to flat growth for the U.S. Utah’s unemployment rate remained unchanged in July at 7.2 percent, compared to the U.S. unemployment rate of 9.5 percent, also unchanged. According to UDWS, “The worst of the recession appears to be behind Utah.” 

Great News! Utah Jobs are becoming plentiful again.