Question 1

What is the asking price for 7161 2155, Cottonwood Heights?

Accepted Answer

7161 2155, Cottonwood Heights is listed at $614,000 ($309/sqft). The original list price was $645,000, representing a reduction of $31,000. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 7161 2155, Cottonwood Heights have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,990 square feet of living space. It is a 3-story home. The lot is 0.18 acres.

Question 3

When was 7161 2155, Cottonwood Heights built?

Accepted Answer

This property was built in 1959, making it 67 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 7161 2155, Cottonwood Heights?

Accepted Answer

7161 2155, Cottonwood Heights is a Residential (Single Family Residence). The architectural style is Tri/Multi-Level. It is located in the TOWNCREST TERRACE subdivision. Zoning: Single-Family.

Question 5

Does 7161 2155, Cottonwood Heights have a garage or parking?

Accepted Answer

Yes, this property includes 4 open parking spaces and a carport. Total parking capacity: 5 vehicles.

Question 6

Is there an HOA for 7161 2155, 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 7161 2155, Cottonwood Heights?

Accepted Answer

Annual property taxes for this property are approximately $3,671 (about $306/month). This represents an effective tax rate of approximately 0.60% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 7161 2155, Cottonwood Heights?

Accepted Answer

Interior features include: Disposal, Kitchen: Updated, Range/Oven: Built-In. Exterior features include: Patio: Covered, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 7161 2155, 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 33/100. Key deal signals: Priced 32% below market median (per-type); 5% price reduction from original list.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

Has the price been reduced on 7161 2155, Cottonwood Heights?

Accepted Answer

Yes, the price has been reduced by 4.8% from the original list price of $645,000 to the current price of $614,000 — a reduction of $31,000. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 7161 2155, 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 $3,066. Including estimated taxes, the total monthly cost is approximately $3,372. A 15-year mortgage at 5.75% would be $4,079/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 7161 2155, Cottonwood Heights been on the market?

Accepted Answer

This property has been listed for 17 days. The average days on market in Cottonwood Heights is 76 days, meaning this listing is moving faster than the local average.

Question 13

Is 7161 2155, Cottonwood Heights a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $16,240 with a gross rental yield of 2.6%. Net rental yield (after estimated expenses): 1.7%.  Estimated debt service coverage ratio (DSCR): 0.33. Investor score: 40/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 7161 2155, Cottonwood Heights?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,353 ($16,236/year). The gross rent multiplier is 37.8x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What schools serve 7161 2155, Cottonwood Heights?

Accepted Answer

Assigned schools: Elementary: Bella Vista; Middle: Butler; High: Brighton.   School district: Canyons.

Question 16

How does this listing compare to the Cottonwood Heights market?

Accepted Answer

7161 2155, Cottonwood Heights is listed at $614,000, which is below the Cottonwood Heights median of $784,900 by $170,900. 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 17

How does this price compare to the Utah state average?

Accepted Answer

At $614,000, this property is above the Utah state median of $510,000 by $104,000. 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 18

What is the Propaired intelligence score for 7161 2155, Cottonwood Heights?

Accepted Answer

This property has a Propaired intelligence score of 12/100, combining deal value (33), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 19

What heating and cooling systems does 7161 2155, Cottonwood Heights have?

Accepted Answer

Heating: 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 20

What type of roof does 7161 2155, Cottonwood Heights have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 67-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 7161 2155, 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 22

What is 7161 2155, Cottonwood Heights constructed from?

Accepted Answer

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

Question 23

What are the water and sewer connections for 7161 2155, Cottonwood Heights?

Accepted Answer

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

Question 24

What would homeowner's insurance cost for 7161 2155, 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 $614,000, expect approximately $1,842-$3,070/year ($154-$256/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 7161 2155, Cottonwood Heights?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $614,000, expect approximately $12,280-$30,700 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 26

How does the property tax compare to the list price at 7161 2155, Cottonwood Heights?

Accepted Answer

The annual property tax of $3,671 represents an effective rate of 0.60% relative to the list price of $614,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 27

What are the total estimated monthly costs for 7161 2155, Cottonwood Heights?

Accepted Answer

Estimated total monthly housing cost: $3,577. This includes principal & interest ($3,066 at 6.38% with 20% down), property tax ($306/mo), and estimated insurance (~$205/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 28

Is 7161 2155, Cottonwood Heights eligible for FHA or VA financing?

Accepted Answer

At $614,000, 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 29

What is the estimated cap rate for 7161 2155, Cottonwood Heights?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.7%, based on estimated annual rent of $16,240 and a purchase price of $614,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 30

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: 2.6%. Utah's steady population growth continues to drive rental demand.

Question 31

Could 7161 2155, Cottonwood Heights be a 1031 exchange property?

Accepted Answer

Yes, 7161 2155, 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 32

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 82% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 33

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 34

What school district is 7161 2155, Cottonwood Heights in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Bella Vista. 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 35

Is 7161 2155, Cottonwood Heights move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 36

What updates might 7161 2155, Cottonwood Heights need?

Accepted Answer

At 67 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: 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 37

Does 7161 2155, 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 38

What is the lot like at 7161 2155, Cottonwood Heights?

Accepted Answer

The lot is 0.18 acres. Lot features: Curb & Gutter,Fenced: Full,Road: Paved,Secluded,View: Mountain. Terrain: Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 39

What utilities are available at 7161 2155, Cottonwood Heights?

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 40

Does 7161 2155, Cottonwood Heights have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: 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.

7161 2155, Cottonwood Heights, UT 84121

7161 S 2155 E, Cottonwood Heights, UT 84121

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