Question 1

What is the asking price for 587 CORNER CANYON, Draper?

Accepted Answer

587 CORNER CANYON, Draper is listed at $1,175,000 ($256/sqft). The original list price was $1,250,000, representing a reduction of $75,000. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 587 CORNER CANYON, Draper have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 4,584 square feet of living space. It is a 2-story home. The lot is 0.36 acres.

Question 3

When was 587 CORNER CANYON, Draper built?

Accepted Answer

This property was built in 1998, making it 28 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 587 CORNER CANYON, Draper?

Accepted Answer

587 CORNER CANYON, Draper is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MEADOWS subdivision. Zoning: Single-Family.

Question 5

Does 587 CORNER CANYON, Draper have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 3 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 587 CORNER CANYON, Draper?

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 587 CORNER CANYON, Draper?

Accepted Answer

Annual property taxes for this property are approximately $4,331 (about $361/month). This represents an effective tax rate of approximately 0.37% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 587 CORNER CANYON, Draper?

Accepted Answer

Interior features include: Accessory Apt, Basement Apartment, Bath: Sep. Tub/Shower, Central Vacuum, Kitchen: Second. Exterior features include: Basement Entrance, Double Pane Windows, Lighting, Storm Doors, Walkout. The home has 3 fireplaces.   View: Mountain(s).

Question 9

How long has 587 CORNER CANYON, Draper been on the market?

Accepted Answer

This property has been listed for 46 days. The average days on market in Draper is 78 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 587 CORNER CANYON, Draper?

Accepted Answer

Assigned schools: Elementary: Willow Springs; Middle: Draper Park; High: Corner Canyon. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Corner Canyon High with a 67% state performance score (0.8 miles away). School district: Canyons.

Question 11

How good are the schools near 587 CORNER CANYON, Draper?

Accepted Answer

Of the 5 schools within 3 miles, 5 have state performance data with an average score of 59%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 12

How does this listing compare to the Draper market?

Accepted Answer

587 CORNER CANYON, Draper is listed at $1,175,000, which is above the Draper median of $808,500 by $366,500. There are currently 107 active listings in Draper. Homes in Draper sell in an average of 78 days. The average sale-to-list ratio is 98.2%.

Question 13

What is the Draper neighborhood like?

Accepted Answer

Affluent southern Salt Lake Valley suburb. New development, excellent schools, family-oriented, beautiful mountain views. Growing job centers in tech and healthcare. Draper is known for: upscale, new-development, excellent-schools, family-oriented. Population: approximately 47,000. Explore the full Draper market data and community guide on Propaired.

Question 14

How does this price compare to the Utah state average?

Accepted Answer

At $1,175,000, this property is above the Utah state median of $510,000 by $665,000. Draper prices are 59% 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 15

What heating and cooling systems does 587 CORNER CANYON, Draper 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 16

What type of roof does 587 CORNER CANYON, Draper have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 28-year-old home, reviewing recent roof inspections is recommended.

Question 17

Does 587 CORNER CANYON, Draper have a basement?

Accepted Answer

Yes, the basement is described as: Entrance,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 18

What is 587 CORNER CANYON, Draper constructed from?

Accepted Answer

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

Question 19

What type of flooring does 587 CORNER CANYON, Draper have?

Accepted Answer

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

Question 20

What are the water and sewer connections for 587 CORNER CANYON, Draper?

Accepted Answer

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

Question 21

What is the commute like from 587 CORNER CANYON, Draper?

Accepted Answer

587 CORNER CANYON, Draper is located in Draper, in the Wasatch Front region of Utah. With a population of approximately 47,000, Draper offers a residential setting. 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 22

What is the Draper community like?

Accepted Answer

Draper is known for: upscale, new-development, excellent-schools, family-oriented, mountain-views. The city has approximately 47,000 residents. The median home price in Draper is $750,000. Explore the full Draper community profile on Propaired for detailed neighborhood insights.

Question 23

Is Draper a safe and family-friendly area?

Accepted Answer

Draper is characterized as: family-oriented, safe. With a population of about 47,000, Draper offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 24

What would homeowner's insurance cost for 587 CORNER CANYON, Draper?

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 $1,175,000, expect approximately $3,525-$5,875/year ($294-$490/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 587 CORNER CANYON, Draper?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,175,000, expect approximately $23,500-$58,750 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 587 CORNER CANYON, Draper?

Accepted Answer

The annual property tax of $4,331 represents an effective rate of 0.37% relative to the list price of $1,175,000. 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 27

Is 587 CORNER CANYON, Draper eligible for FHA or VA financing?

Accepted Answer

At $1,175,000, 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 28

Could 587 CORNER CANYON, Draper be a 1031 exchange property?

Accepted Answer

Yes, 587 CORNER CANYON, Draper 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 29

What is the price trend in Draper?

Accepted Answer

Draper's median price has increased 23.7% month-over-month. Current median: $808,500. Days on market have decreased by 66.0% month-over-month. Homes are selling at 98.2% of list price on average. Monitor these trends to time your offer strategically.

Question 30

What school district is 587 CORNER CANYON, Draper in?

Accepted Answer

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

Question 31

How do nearby schools rank statewide?

Accepted Answer

Of the 5 nearby schools with state rankings, the highest-ranked is Corner Canyon High at #166 statewide (67% performance score). Other ranked nearby schools include Oak Hollow School (#204) and Draper Park Middle (#227). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 32

Is 587 CORNER CANYON, Draper move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 33

What updates might 587 CORNER CANYON, Draper need?

Accepted Answer

At 28 years old, common updates to consider include: roof replacement (if original), HVAC system update, 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 34

Does 587 CORNER CANYON, Draper 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 35

What is the lot like at 587 CORNER CANYON, Draper?

Accepted Answer

The lot is 0.36 acres. Lot features: Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Part. Terrain: Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Part. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 36

What utilities are available at 587 CORNER CANYON, Draper?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,Rights: Owned. 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 37

Does 587 CORNER CANYON, Draper 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.

587 CORNER CANYON, Draper, UT 84020

587 E CORNER CANYON DR, Draper, UT 84020

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