Question 1

What is the asking price for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

7931 NORWOOD, Cottonwood Heights is listed at $714,900 ($285/sqft). The original list price was $747,000, representing a reduction of $32,100. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 7931 NORWOOD, Cottonwood Heights have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 2,512 square feet of living space. It is a 3-story home. The lot is 0.16 acres.

Question 3

When was 7931 NORWOOD, Cottonwood Heights built?

Accepted Answer

This property was built in 1977, making it 49 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

7931 NORWOOD, Cottonwood Heights is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the SOUTHAMPTON subdivision. Zoning: Single-Family.

Question 5

Does 7931 NORWOOD, Cottonwood Heights have a garage or parking?

Accepted Answer

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

Question 6

Is there an HOA for 7931 NORWOOD, Cottonwood Heights?

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 7

What are the property taxes for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Annual property taxes for this property are approximately $3,183 (about $265/month). This represents an effective tax rate of approximately 0.45% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Great Room, Kitchen: Updated. Exterior features include: Double Pane Windows, Entry (Foyer), Lighting, Porch: Open, Sliding Glass Doors. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 7931 NORWOOD, Cottonwood Heights a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Market)" with a deal score of 28/100. Key deal signals: Priced 20% below market median (per-type); 4% price reduction from original list; 123.0 days on market — potential negotiation opportunity.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

Has the price been reduced on 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Yes, the price has been reduced by 4.3% from the original list price of $747,000 to the current price of $714,900 — a reduction of $32,100. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

At the current 30-year mortgage rate of 6.38% with 20% down, the estimated monthly principal and interest payment is $3,570. Including estimated taxes, the total monthly cost is approximately $3,835. A 15-year mortgage at 5.75% would be $4,749/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 7931 NORWOOD, Cottonwood Heights been on the market?

Accepted Answer

This property has been listed for 127 days. The average days on market in Cottonwood Heights is 76 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 7931 NORWOOD, Cottonwood Heights a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $20,500 with a gross rental yield of 2.9%. Net rental yield (after estimated expenses): 1.9%.  Estimated debt service coverage ratio (DSCR): 0.36. Investor score: 42/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,708 ($20,496/year). The gross rent multiplier is 34.9x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 7931 NORWOOD, Cottonwood Heights offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, RV-Friendly. The primary lifestyle niche is "rv_friendly." These tags are derived from MLS data, property features, and location analysis.

Question 16

What schools serve 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Assigned schools: Elementary: Canyon View; Middle: Butler; High: Brighton.   School district: Canyons.

Question 17

What is the internet speed at 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (8000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 10.

Question 18

How does this listing compare to the Cottonwood Heights market?

Accepted Answer

7931 NORWOOD, Cottonwood Heights is listed at $714,900, which is below the Cottonwood Heights median of $784,900 by $70,000. There are currently 53 active listings in Cottonwood Heights. Homes in Cottonwood Heights sell in an average of 76 days. The average sale-to-list ratio is 98.3%.

Question 19

How does this price compare to the Utah state average?

Accepted Answer

At $714,900, this property is above the Utah state median of $510,000 by $204,900. Cottonwood Heights prices are 54% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 20

What is the Propaired intelligence score for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

This property has a Propaired intelligence score of 30/100, combining deal value (28), recreation access (N/A), amenity proximity (N/A), broadband quality (100), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 21

What heating and cooling systems does 7931 NORWOOD, Cottonwood Heights have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 22

What type of roof does 7931 NORWOOD, Cottonwood Heights have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 49-year-old home, reviewing recent roof inspections is recommended.

Question 23

Does 7931 NORWOOD, Cottonwood Heights have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 24

What is 7931 NORWOOD, Cottonwood Heights constructed from?

Accepted Answer

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

Question 25

What type of flooring does 7931 NORWOOD, Cottonwood Heights have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Linoleum,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 26

What are the water and sewer connections for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 27

What would homeowner's insurance cost for 7931 NORWOOD, Cottonwood Heights?

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 $714,900, expect approximately $2,145-$3,575/year ($179-$298/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 28

What are the estimated closing costs for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $714,900, expect approximately $14,298-$35,745 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 29

How does the property tax compare to the list price at 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

The annual property tax of $3,183 represents an effective rate of 0.45% relative to the list price of $714,900. 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 30

What are the total estimated monthly costs for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Estimated total monthly housing cost: $4,073. This includes principal & interest ($3,570 at 6.38% with 20% down), property tax ($265/mo), and estimated insurance (~$238/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 31

Is 7931 NORWOOD, Cottonwood Heights eligible for FHA or VA financing?

Accepted Answer

At $714,900, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 32

What is the estimated cap rate for 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.9%, based on estimated annual rent of $20,500 and a purchase price of $714,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 33

Is Cottonwood Heights a good rental market?

Accepted Answer

Estimated monthly rent in Cottonwood Heights is approximately $1,789. Homes in Cottonwood Heights sell in an average of 76 days, indicating moderate demand in this market. There are 53 active listings currently. Gross rental yield in this area: 2.9%. Utah's steady population growth continues to drive rental demand.

Question 34

Could 7931 NORWOOD, Cottonwood Heights be a 1031 exchange property?

Accepted Answer

Yes, 7931 NORWOOD, Cottonwood Heights 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 35

Is the Cottonwood Heights neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.4% over the past year. The current Zillow Home Value Index for this area is $752,111. This listing is priced at 95% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 36

What is the price trend in Cottonwood Heights?

Accepted Answer

Cottonwood Heights's median price has increased 30.6% month-over-month. Current median: $784,900. Days on market have increased by 29.1% month-over-month. Homes are selling at 98.3% of list price on average. Monitor these trends to time your offer strategically.

Question 37

What school district is 7931 NORWOOD, Cottonwood Heights in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Canyon View. Assigned middle: Butler. Assigned high: Brighton. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 38

Is 7931 NORWOOD, Cottonwood Heights move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 39

What updates might 7931 NORWOOD, Cottonwood Heights need?

Accepted Answer

At 49 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Forced Air,Gas: Central. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 40

Does 7931 NORWOOD, Cottonwood Heights 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 41

What is the lot like at 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

The lot is 0.16 acres. Lot features: Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 42

What utilities are available at 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. 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 43

Does 7931 NORWOOD, Cottonwood Heights 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.

Question 44

Can I park an RV or boat at 7931 NORWOOD, Cottonwood Heights?

Accepted Answer

Yes, this property is tagged as RV-friendly, accommodating RV, boat, or trailer parking. The 0.16-acre lot provides ample space. In addition to the 2-car garage, there is space for large vehicle storage. RV parking capability is a sought-after feature in Utah given the state's proximity to national parks, lakes, and outdoor recreation. Verify any HOA restrictions on RV/boat parking if applicable.

7931 NORWOOD, Cottonwood Heights, UT 84121

7931 S NORWOOD RD, Cottonwood Heights, UT 84121

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