Question 1

What is the asking price for 224 SPENCER PEAK, Draper?

Accepted Answer

224 SPENCER PEAK, Draper is listed at $369,900 ($311/sqft). The original list price was $399,995, representing a reduction of $30,095. Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 224 SPENCER PEAK, Draper have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,191 square feet of living space. It is a 1-story home.

Question 3

When was 224 SPENCER PEAK, Draper built?

Accepted Answer

This property was built in 2006, making it 20 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 224 SPENCER PEAK, Draper?

Accepted Answer

224 SPENCER PEAK, Draper is a Residential (Condominium). The architectural style is Condo; Middle Level. It is located in the DRAPER PEAKS subdivision.

Question 5

Does 224 SPENCER PEAK, Draper have a garage or parking?

Accepted Answer

Yes, this property includes a carport. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 224 SPENCER PEAK, Draper?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $245 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 224 SPENCER PEAK, Draper?

Accepted Answer

Annual property taxes for this property are approximately $1,813 (about $151/month). This represents an effective tax rate of approximately 0.49% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 224 SPENCER PEAK, Draper?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal. Exterior features include: Deck; Covered.  Private pool included.

Question 9

How long has 224 SPENCER PEAK, Draper been on the market?

Accepted Answer

This property has been listed for 118 days. The average days on market in Draper is 60 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Does 224 SPENCER PEAK, Draper have a pool?

Accepted Answer

Yes, this property includes a private pool.  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 11

What schools serve 224 SPENCER PEAK, Draper?

Accepted Answer

Assigned schools: Elementary: Sprucewood; Middle: Indian Hills; High: Alta. There are 7 schools within 3 miles of this property. The highest-rated nearby school is Corner Canyon High with a 67% state performance score (1.1 miles away). School district: Canyons.

Question 12

What high school is near 224 SPENCER PEAK, Draper?

Accepted Answer

The nearest high school is Alta. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 13

What elementary school is near 224 SPENCER PEAK, Draper?

Accepted Answer

The nearest elementary school is Sprucewood (1.4 miles away). State performance score: 55%. District: Canyons District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 14

What middle school is near 224 SPENCER PEAK, Draper?

Accepted Answer

The nearest middle school is Indian Hills.

Question 15

How good are the schools near 224 SPENCER PEAK, Draper?

Accepted Answer

Of the 7 schools within 3 miles, 7 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 16

How does this listing compare to the Draper market?

Accepted Answer

224 SPENCER PEAK, Draper is listed at $369,900, which is below the Draper median of $860,000 by $490,100. There are currently 152 active listings in Draper. Homes in Draper sell in an average of 60 days. The average sale-to-list ratio is 98.7%.

Question 17

What is the Draper real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Draper is $860,000. There are currently 152 active listings. Homes sell in an average of 60 days. The average sale-to-list ratio is 98.7%. This listing at $369,900 is below the Draper 2026 median.

Question 18

Are there other homes for sale in Draper?

Accepted Answer

Yes — there are currently 152 active listings in Draper. Browse all Draper homes for sale at propaired.ai/listings/ut/draper. Prices range around a median of $860,000. Homes in Draper are selling in about 60 days on average.

Question 19

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 20

How does this price compare to the Utah state average?

Accepted Answer

At $369,900, this property is below the Utah state median of $519,000 by $149,100. Draper prices are 66% 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 21

What heating and cooling systems does 224 SPENCER PEAK, Draper have?

Accepted Answer

Heating: 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 22

Does 224 SPENCER PEAK, Draper have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 23

What is 224 SPENCER PEAK, Draper constructed from?

Accepted Answer

Construction materials include: Stucco. The construction type affects long-term maintenance requirements and insurance costs.

Question 24

What type of flooring does 224 SPENCER PEAK, Draper have?

Accepted Answer

Flooring types include: Laminate.

Question 25

What are the water and sewer connections for 224 SPENCER PEAK, Draper?

Accepted Answer

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

Question 26

What is the commute like from 224 SPENCER PEAK, Draper?

Accepted Answer

224 SPENCER PEAK, 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 27

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 28

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 29

What would homeowner's insurance cost for 224 SPENCER PEAK, 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 $369,900, expect approximately $1,110-$1,850/year ($93-$154/month).   Get multiple quotes — rates vary significantly by insurer.

Question 30

What are the estimated closing costs for 224 SPENCER PEAK, Draper?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $369,900, expect approximately $7,398-$18,495 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 31

How does the property tax compare to the list price at 224 SPENCER PEAK, Draper?

Accepted Answer

The annual property tax of $1,813 represents an effective rate of 0.49% relative to the list price of $369,900. 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 32

Is 224 SPENCER PEAK, Draper eligible for FHA or VA financing?

Accepted Answer

At $369,900, 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 33

Could 224 SPENCER PEAK, Draper be a 1031 exchange property?

Accepted Answer

Yes, 224 SPENCER PEAK, 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 34

What is the price trend in Draper?

Accepted Answer

Draper's median price has decreased 8.8% month-over-month. Current median: $860,000. Days on market have increased by 54.2% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 35

What school district is 224 SPENCER PEAK, Draper in?

Accepted Answer

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

Question 36

How do nearby schools rank statewide?

Accepted Answer

Of the 7 nearby schools with state rankings, the highest-ranked is Sunrise School at #165 statewide (64% performance score). Other ranked nearby schools include Corner Canyon High (#166) and Oak Hollow School (#204). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 37

Is 224 SPENCER PEAK, Draper move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 38

Does 224 SPENCER PEAK, 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 39

What utilities are available at 224 SPENCER PEAK, Draper?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected.  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 40

Does 224 SPENCER PEAK, 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.

224 SPENCER PEAK, Draper, UT 84020

224 E SPENCER PEAK WAY #F6, Draper, UT 84020

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