Question 1

What is the asking price for 603 1040, American Fork?

Accepted Answer

603 1040, American Fork is listed at $454,987 ($317/sqft). The original list price was $455,000, representing a reduction of $13. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 603 1040, American Fork have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,436 square feet of living space. It is a 1-story home. The lot is 0.06 acres.

Question 3

When was 603 1040, American Fork 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 4

What type of property is 603 1040, American Fork?

Accepted Answer

603 1040, American Fork is a Residential (Twin). The architectural style is Rambler/Ranch. It is located in the MIRA VISTA PUD 2ND AMD subdivision. Zoning: Single-Family.

Question 5

Does 603 1040, American Fork have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 603 1040, American Fork?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $292 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 603 1040, American Fork?

Accepted Answer

Annual property taxes for this property are approximately $1,946 (about $162/month). This represents an effective tax rate of approximately 0.43% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 603 1040, American Fork?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Granite Countertops. Exterior features include: Double Pane Windows, Patio: Covered.  Private pool included. Spa/hot tub included. View: Mountain(s).

Question 9

Is 603 1040, American Fork a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 603 1040, American Fork?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $2,208. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,662. A 15-year mortgage at 5.50% would be $2,974/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 603 1040, American Fork been on the market?

Accepted Answer

This property has been listed for 22 days. The average days on market in American Fork is 58 days, meaning this listing is moving faster than the local average.

Question 12

Is 603 1040, American Fork a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $14,902 with a gross rental yield of 3.3%. Net rental yield (after estimated expenses): 2.1%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 31/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 603 1040, American Fork?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,242 ($14,904/year). The gross rent multiplier is 30.5x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

What lifestyle features does 603 1040, American Fork offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: Pool, Farm/Ranch. The primary lifestyle niche is "farm_ranch." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 603 1040, American Fork near skiing?

Accepted Answer

This property is within reach of skiing. Sundance Resort is 9.5 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 16

Does 603 1040, American Fork have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 17

How much land comes with 603 1040, American Fork?

Accepted Answer

This property sits on 0.06 acres. It is suitable for farming or ranching use.  Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 18

What recreation is near 603 1040, American Fork?

Accepted Answer

This property has a recreation score of 57/100. Nearby recreation includes: Wade Springs trailhead (2.4 mi); Green Park park (0.4 mi); Fox Hollow Golf Course (2.7 mi); Flight Park State Recreation Area (9.4 mi); Capitol Reef NP — Cathedral Valley (137.3 mi). Skiing: Sundance Resort (9.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 603 1040, American Fork?

Accepted Answer

Yes, the nearest trailhead is Wade Springs, just 2.4 miles from the property. Flight Park State Recreation Area is 9.4 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What schools serve 603 1040, American Fork?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.

Question 21

How does this listing compare to the American Fork market?

Accepted Answer

603 1040, American Fork is listed at $454,987, which is below the American Fork median of $488,250 by $33,263. There are currently 99 active listings in American Fork. Homes in American Fork sell in an average of 58 days. The average sale-to-list ratio is 98.9%.

Question 22

What is the American Fork neighborhood like?

Accepted Answer

Charming Wasatch Front city. Strong community feel, excellent schools, good shopping/dining, outdoor access to Provo Canyon and mountains. Family-oriented. American Fork is known for: family-friendly, community-feel, good-schools, shopping. Population: approximately 35,000. Explore the full American Fork market data and community guide on Propaired.

Question 23

How does this price compare to the Utah state average?

Accepted Answer

At $454,987, this property is below the Utah state median of $510,000 by $55,013. American Fork prices are 4% 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 24

What is the Propaired intelligence score for 603 1040, American Fork?

Accepted Answer

This property has a Propaired intelligence score of 35/100, combining deal value (10), recreation access (57), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 25

What heating and cooling systems does 603 1040, American Fork have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 26

What type of roof does 603 1040, American Fork have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 11-year-old home, reviewing recent roof inspections is recommended.

Question 27

Does 603 1040, American Fork have a basement?

Accepted Answer

Yes, the basement is described as: Slab. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 28

What is 603 1040, American Fork constructed from?

Accepted Answer

Construction materials include: Brick. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 29

What type of flooring does 603 1040, American Fork have?

Accepted Answer

Flooring types include: Carpet,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 30

What are the water and sewer connections for 603 1040, American Fork?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 31

What is the commute like from 603 1040, American Fork?

Accepted Answer

603 1040, American Fork is located in American Fork, in the Wasatch Front region of Utah. With a population of approximately 35,000, American Fork has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 32

What is the American Fork community like?

Accepted Answer

American Fork is known for: family-friendly, community-feel, good-schools, shopping, outdoor-access. The city has approximately 35,000 residents. The median home price in American Fork is $480,000. Explore the full American Fork community profile on Propaired for detailed neighborhood insights.

Question 33

Is American Fork a safe and family-friendly area?

Accepted Answer

American Fork is characterized as: family-friendly, community-feel. With a population of about 35,000, American Fork offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 34

What would homeowner's insurance cost for 603 1040, American Fork?

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 $454,987, expect approximately $1,365-$2,275/year ($114-$190/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 603 1040, American Fork?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $454,987, expect approximately $9,100-$22,749 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 36

How does the property tax compare to the list price at 603 1040, American Fork?

Accepted Answer

The annual property tax of $1,946 represents an effective rate of 0.43% relative to the list price of $454,987. 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 37

What are the total estimated monthly costs for 603 1040, American Fork?

Accepted Answer

Estimated total monthly housing cost: $2,814. This includes principal & interest ($2,208 at 6.11% with 20% down), property tax ($162/mo), HOA ($292/mo), and estimated insurance (~$152/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 603 1040, American Fork eligible for FHA or VA financing?

Accepted Answer

At $454,987, 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 39

What is the estimated cap rate for 603 1040, American Fork?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.1%, based on estimated annual rent of $14,902 and a purchase price of $454,987. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 40

Is American Fork a good rental market?

Accepted Answer

Estimated monthly rent in American Fork is approximately $1,737. Homes in American Fork sell in an average of 58 days, indicating healthy demand in this market. There are 99 active listings currently. Gross rental yield in this area: 3.3%. Utah's steady population growth continues to drive rental demand.

Question 41

Could 603 1040, American Fork be a 1031 exchange property?

Accepted Answer

Yes, 603 1040, American Fork 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 42

Is the American Fork neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.4% over the past year. The current Zillow Home Value Index for this area is $515,798. This listing is priced at 88% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

What is the price trend in American Fork?

Accepted Answer

American Fork's median price has decreased 15.4% month-over-month. Current median: $488,250. Days on market have decreased by 61.2% month-over-month. Homes are selling at 98.9% of list price on average. Monitor these trends to time your offer strategically.

Question 44

What parks are near 603 1040, American Fork?

Accepted Answer

The nearest local park is Green Park (0.4 miles away). The nearest state park is Flight Park State Recreation Area (9.4 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (137.3 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 45

Is there a golf course near 603 1040, American Fork?

Accepted Answer

The nearest golf course is Fox Hollow Golf Course, 2.7 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 46

What water activities are near 603 1040, American Fork?

Accepted Answer

Water recreation near this property includes: Utah Lake (10.0 mi); boat ramp at American Fork Boat Harbor (2.2 mi); fishing at Provo River (10.4 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 47

Is 603 1040, American Fork move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 48

Does 603 1040, American Fork 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 49

What is the lot like at 603 1040, American Fork?

Accepted Answer

The lot is 0.06 acres. Lot features: Fenced: Full,Road: Paved,Sprinkler: Auto-Full,View: Mountain. Terrain: Fenced: Full, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 50

What utilities are available at 603 1040, American Fork?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 51

Does 603 1040, American Fork have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

603 1040, American Fork, UT 84003

603 S 1040 E, American Fork, UT 84003

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