Question 1

What is the asking price for this property, Downey?

Accepted Answer

this property, Downey is listed at $300,000.  Current status: Pending.

Question 2

When was this property, Downey built?

Accepted Answer

This property was built in 2015, making it 11 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 3

What type of property is this property, Downey?

Accepted Answer

this property, Downey is a Commercial Sale (Retail).

Question 4

Is there an HOA for this property, Downey?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 5

What are the property taxes for this property, Downey?

Accepted Answer

Annual property taxes for this property are approximately $1,196 (about $100/month). This represents an effective tax rate of approximately 0.40% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has this property, Downey been on the market?

Accepted Answer

This property has been listed for 117 days. The average days on market in Downey is 96 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 7

How does this listing compare to the Downey market?

Accepted Answer

this property, Downey is listed at $300,000, which is above the Downey median of $288,000 by $12,000. There are currently 5 active listings in Downey. Homes in Downey sell in an average of 96 days. The average sale-to-list ratio is 96.7%.

Question 8

What is the Downey real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Downey is $288,000. There are currently 5 active listings. Homes sell in an average of 96 days. The average sale-to-list ratio is 96.7%. This listing at $300,000 is above the Downey 2026 median.

Question 9

Are there other homes for sale in Downey?

Accepted Answer

Yes — there are currently 5 active listings in Downey. Browse all Downey homes for sale at propaired.ai/listings/id/downey. Prices range around a median of $288,000. Homes in Downey are selling in about 96 days on average.

Question 10

How does this price compare to the Utah state average?

Accepted Answer

At $300,000, this property is below the Utah state median of $525,000 by $225,000. Downey prices are 45% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 11

What would homeowner's insurance cost for this property, Downey?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $300,000, expect approximately $900-$1,500/year ($75-$125/month).   Get multiple quotes — rates vary significantly by insurer.

Question 12

What are the estimated closing costs for this property, Downey?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $300,000, expect approximately $6,000-$15,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 13

How does the property tax compare to the list price at this property, Downey?

Accepted Answer

The annual property tax of $1,196 represents an effective rate of 0.40% relative to the list price of $300,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 14

Is this property, Downey eligible for FHA or VA financing?

Accepted Answer

At $300,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 15

Could this property, Downey be a 1031 exchange property?

Accepted Answer

Yes, this property, Downey could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 16

What is the price trend in Downey?

Accepted Answer

Downey's median price has increased 98.8% month-over-month. Current median: $288,000. Days on market have decreased by 95.7% month-over-month. Homes are selling at 96.7% of list price on average. Monitor these trends to time your offer strategically.

Question 17

Is this property, Downey move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 18

Does this property, Downey come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 19

What is the lot like at this property, Downey?

Accepted Answer

The lot is 8.49 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

, Downey, ID 83234

Downey, ID, 83234

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