Home for Sale at 637 LITTLE ROCK, Santaquin, UT 84655

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637 Little Rock
Santaquin, UT 84655

Juan Goette with KW WESTFIELD, original listing -

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Property Details

List Price:	$709,500
Beds:	6
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	--
Agency:	KW WESTFIELD
Agency Phone:

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2009
Notes:	Don't miss this forever dream home! Nestled on a corner lot, this 4000+ square foot home offers luxury and charm unmatched. The main floor is an open plan with a spacious kitchen boasting a double- oven, granite counter tops, and lots of cabinet space. The dining room has a breath-taking view of the open terrain and a pond that sparkles at sunrise, and you can snuggle up to a roaring fire in the family room. Family living at it's finest! This home has 3 spacious bedrooms on the main level, each with its own closet and two linen and one coat closet; storage and organizational space will never be in short supply! The master bedroom has its own bathroom and a walk-in closet with custom organizers. Upon entering the finished basement, you'll walk into a great room suitable for media room, game room, or dance hall! However, the basement has plenty of storage, including a cold storage space. It also features 3 bedrooms with closets and a recently upgraded bathroom. Both the basement and dining room (main floor) have access to the backyard which is fastidiously maintained and offers serenity and breathtaking views. The basement has sliding doors that open to the ground level of the yard and the dining room accommodates you to a balcony with unforgettable views of the pond and mountains. Come see for yourself and let's make your dream come true in Santaquin! Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.
MlsNumber:	--
ListingId:	2070198

Listing Provided By:	KW WESTFIELD, original listing
Phone:	(801) 850-5600
Agent Name:	Juan Goette
Disclaimer:	Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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