Question 1

What is the asking price for 1187 PARKSTONE, Draper?

Accepted Answer

1187 PARKSTONE, Draper is listed at $599,999 ($300/sqft). The original list price was $600,000, representing a reduction of $1. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 1187 PARKSTONE, Draper have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 2,000 square feet of living space. It is a 3-story home. The lot is 0.11 acres.

Question 3

When was 1187 PARKSTONE, Draper built?

Accepted Answer

This property was built in 1997, making it 29 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 1187 PARKSTONE, Draper?

Accepted Answer

1187 PARKSTONE, Draper is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the PARKSTONE ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 1187 PARKSTONE, Draper 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 1187 PARKSTONE, Draper?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $181 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1187 PARKSTONE, Draper?

Accepted Answer

Annual property taxes for this property are approximately $2,682 (about $224/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 1187 PARKSTONE, Draper?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, French Doors, Gas Log. Exterior features include: Bay Box Windows, Double Pane Windows, Porch: Open, Storm Doors, Patio: Open. The home has 1 fireplace.

Question 9

Is 1187 PARKSTONE, Draper a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 55/100. Key deal signals: Priced 66% below similar homes; Priced 51% below market median (per-type). The price is 66% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Draper?

Accepted Answer

The median price for similar properties in the area is $1,745,000 (based on 10 homes). At $599,999, this listing is 66% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

What would the monthly mortgage payment be for 1187 PARKSTONE, Draper?

Accepted Answer

At the current 30-year mortgage rate of 6.22% with 20% down, the estimated monthly principal and interest payment is $2,946. Including estimated taxes and HOA fees, the total monthly cost is approximately $3,351. A 15-year mortgage at 5.54% would be $3,932/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 1187 PARKSTONE, Draper been on the market?

Accepted Answer

This property has been listed for 62 days. The average days on market in Draper is 78 days, meaning this listing is moving faster than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 1187 PARKSTONE, Draper a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $11,218 with a gross rental yield of 1.9%. Net rental yield (after estimated expenses): 1.2%.  Estimated debt service coverage ratio (DSCR): 0.24. Investor score: 35/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 1187 PARKSTONE, Draper?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $935 ($11,220/year). The gross rent multiplier is 53.5x (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 1187 PARKSTONE, Draper offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: Scenic Views, Privacy/Seclusion. The primary lifestyle niche is "privacy_seclusion." These tags are derived from MLS data, property features, and location analysis.

Question 16

What amenities and services are near 1187 PARKSTONE, Draper?

Accepted Answer

This property has an amenity proximity score of 94/100. Nearby services include: Grocery: Maceys (0.1 mi); Hospital: Intermountian Healthcare South Sandy Clinic (1.3 mi); Pharmacy: COVID-19 Drive-Thru Testing at Walgreens (0.2 mi); Dining: IHOP (0.1 mi). Gas station: 0.1 miles. Gym: Treehouse Athletic Club (0.2 mi).

Question 17

How far is the nearest hospital from 1187 PARKSTONE, Draper?

Accepted Answer

The nearest hospital is Intermountian Healthcare South Sandy Clinic, approximately 1.3 miles from the property. The nearest fire station is 0.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 1187 PARKSTONE, Draper?

Accepted Answer

Assigned schools: Elementary: Draper; Middle: Draper Park; High: Corner Canyon.   School district: Canyons.

Question 19

What is the internet speed at 1187 PARKSTONE, Draper?

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 (140 Mbps, DSL); Google Fiber (8000 Mbps, Fiber). Total providers: 13.

Question 20

How does this listing compare to the Draper market?

Accepted Answer

1187 PARKSTONE, Draper is listed at $599,999, which is below the Draper median of $808,500 by $208,501. 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 21

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 22

How does this price compare to the Utah state average?

Accepted Answer

At $599,999, this property is above the Utah state median of $510,000 by $89,999. 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 23

What is the Propaired intelligence score for 1187 PARKSTONE, Draper?

Accepted Answer

This property has a Propaired intelligence score of 53/100, combining deal value (55), recreation access (N/A), amenity proximity (94), broadband quality (100), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 24

What heating and cooling systems does 1187 PARKSTONE, Draper 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 25

What type of roof does 1187 PARKSTONE, Draper have?

Accepted Answer

The roof material is Asphalt,Pitched. Asphalt shingles typically last 20-30 years in Utah's climate. With a 29-year-old home, reviewing recent roof inspections is recommended.

Question 26

Does 1187 PARKSTONE, Draper have a basement?

Accepted Answer

Yes, the basement is described as: Partial. 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 27

What is 1187 PARKSTONE, Draper constructed from?

Accepted Answer

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

Question 28

What type of flooring does 1187 PARKSTONE, Draper have?

Accepted Answer

Flooring types include: Carpet,Vinyl.   Carpeted areas provide warmth and comfort, especially in bedrooms. Luxury vinyl/LVP is waterproof, durable, and increasingly popular in Utah homes.

Question 29

What are the water and sewer connections for 1187 PARKSTONE, Draper?

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 30

What is the commute like from 1187 PARKSTONE, Draper?

Accepted Answer

1187 PARKSTONE, 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 31

What shopping and dining is near 1187 PARKSTONE, Draper?

Accepted Answer

The nearest restaurant is IHOP (0.1 miles away) and the nearest grocery store is Maceys (0.1 miles). Coffee: Starbucks (0.2 mi). Banking: Zions Bank (0.5 mi). Overall amenity proximity score: 94/100.

Question 32

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 33

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 34

What would homeowner's insurance cost for 1187 PARKSTONE, 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 $599,999, expect approximately $1,800-$3,000/year ($150-$250/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 1187 PARKSTONE, Draper?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $599,999, expect approximately $12,000-$30,000 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 1187 PARKSTONE, Draper?

Accepted Answer

The annual property tax of $2,682 represents an effective rate of 0.45% relative to the list price of $599,999. 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 1187 PARKSTONE, Draper?

Accepted Answer

Estimated total monthly housing cost: $3,551. This includes principal & interest ($2,946 at 6.22% with 20% down), property tax ($224/mo), HOA ($181/mo), and estimated insurance (~$200/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 1187 PARKSTONE, Draper eligible for FHA or VA financing?

Accepted Answer

At $599,999, 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 39

What is the estimated cap rate for 1187 PARKSTONE, Draper?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.2%, based on estimated annual rent of $11,218 and a purchase price of $599,999. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 40

Is Draper a good rental market?

Accepted Answer

Estimated monthly rent in Draper is approximately $1,669. Homes in Draper sell in an average of 78 days, indicating moderate demand in this market. There are 107 active listings currently. Gross rental yield in this area: 1.9%. Utah's steady population growth continues to drive rental demand.

Question 41

Could 1187 PARKSTONE, Draper be a 1031 exchange property?

Accepted Answer

Yes, 1187 PARKSTONE, 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 42

How does 1187 PARKSTONE, Draper compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $1,745,000. This listing is 66% below the comparable median. It ranks Deep Discount among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 43

Is the Draper neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.8% over the past year. The current Zillow Home Value Index for this area is $792,864. This listing is priced at 76% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 44

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 45

Is 1187 PARKSTONE, Draper overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 66% below comparable homes, this property appears competitively priced. Deal score: 55/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 46

What school district is 1187 PARKSTONE, Draper in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Draper. 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 47

Is 1187 PARKSTONE, Draper move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 48

What updates might 1187 PARKSTONE, Draper need?

Accepted Answer

At 29 years old, common updates to consider include: roof replacement (if original), HVAC system update, water heater replacement. Current roof: Asphalt,Pitched. 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 49

Does 1187 PARKSTONE, 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 50

What is the lot like at 1187 PARKSTONE, Draper?

Accepted Answer

The lot is 0.11 acres. Lot features: Cul-De-Sac,Curb & Gutter,Fenced: Part,Road: Paved,Secluded,Sprinkler: Auto-Full,Terrain: Grad Slope. Terrain: Cul-de-Sac, Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Sprinkler: Auto-Full, Terrain: Grad Slope.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 51

What utilities are available at 1187 PARKSTONE, Draper?

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 52

Does 1187 PARKSTONE, Draper 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 53

Is there EV charging near 1187 PARKSTONE, Draper?

Accepted Answer

The nearest EV charging station is EV Charger, approximately 1.5 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

1187 PARKSTONE, Draper, UT 84020

1187 E PARKSTONE DR, Draper, UT 84020

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