Question 1

What is the asking price for 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

319 LOAFER CANYON, Elk Ridge is listed at $919,900 ($253/sqft). The original list price was $924,000, representing a reduction of $4,100. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 319 LOAFER CANYON, Elk Ridge have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 3,633 square feet of living space. It is a 2-story home. The lot is 0.92 acres.

Question 3

When was 319 LOAFER CANYON, Elk Ridge built?

Accepted Answer

This property was built in 2020, making it 6 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

319 LOAFER CANYON, Elk Ridge is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the KNUDSEN subdivision. Zoning: Single-Family.

Question 5

Does 319 LOAFER CANYON, Elk Ridge have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 8 open parking spaces. Total parking capacity: 11 vehicles.

Question 6

Is there an HOA for 319 LOAFER CANYON, Elk Ridge?

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 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

Annual property taxes for this property are approximately $4,070 (about $339/month). This represents an effective tax rate of approximately 0.44% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

Interior features include: Accessory Apt, Basement Apartment, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In. Exterior features include: Balcony, Barn, Basement Entrance, Deck; Covered, Horse Property. The home has 1 fireplace.   View: Mountain(s).

Question 9

How long has 319 LOAFER CANYON, Elk Ridge been on the market?

Accepted Answer

This property has been listed for 29 days. The average days on market in Elk Ridge is 152 days, meaning this listing is moving faster than the local average.

Question 10

Is 319 LOAFER CANYON, Elk Ridge suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 0.92-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 11

What schools serve 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

Assigned schools: Elementary: Mt Loafer; Middle: Salem Jr; High: Salem Hills. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (2.9 miles away). School district: Nebo.

Question 12

How does this listing compare to the Elk Ridge market?

Accepted Answer

319 LOAFER CANYON, Elk Ridge is listed at $919,900, which is above the Elk Ridge median of $580,000 by $339,900. There are currently 24 active listings in Elk Ridge. Homes in Elk Ridge sell in an average of 152 days. The average sale-to-list ratio is 98.0%.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $919,900, this property is above the Utah state median of $510,000 by $409,900. Elk Ridge prices are 14% 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 14

What heating and cooling systems does 319 LOAFER CANYON, Elk Ridge have?

Accepted Answer

Heating: Forced Air,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 15

What type of roof does 319 LOAFER CANYON, Elk Ridge have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 6-year-old home, reviewing recent roof inspections is recommended.

Question 16

Does 319 LOAFER CANYON, Elk Ridge have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Entrance,Full,Walk-Out Access. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 17

What is 319 LOAFER CANYON, Elk Ridge constructed from?

Accepted Answer

Construction materials include: Asphalt,Stone,Stucco. Stone construction provides exceptional durability and a premium aesthetic.

Question 18

What type of flooring does 319 LOAFER CANYON, Elk Ridge have?

Accepted Answer

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

Question 19

What are the water and sewer connections for 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

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

Question 20

What would homeowner's insurance cost for 319 LOAFER CANYON, Elk Ridge?

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 $919,900, expect approximately $2,760-$4,600/year ($230-$383/month).   Get multiple quotes — rates vary significantly by insurer.

Question 21

What are the estimated closing costs for 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $919,900, expect approximately $18,398-$45,995 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 22

How does the property tax compare to the list price at 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

The annual property tax of $4,070 represents an effective rate of 0.44% relative to the list price of $919,900. 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 23

Is 319 LOAFER CANYON, Elk Ridge eligible for FHA or VA financing?

Accepted Answer

At $919,900, 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 24

Could 319 LOAFER CANYON, Elk Ridge be a 1031 exchange property?

Accepted Answer

Yes, 319 LOAFER CANYON, Elk Ridge 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 25

What is the price trend in Elk Ridge?

Accepted Answer

Elk Ridge's median price has decreased 22.6% month-over-month. Current median: $580,000. Days on market have decreased by 2.8% month-over-month. Homes are selling at 98.0% of list price on average. Monitor these trends to time your offer strategically.

Question 26

What school district is 319 LOAFER CANYON, Elk Ridge in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Mt Loafer. Assigned middle: Salem Jr. Assigned high: Salem Hills. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 27

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is American Preparatory Academy - Salem at #190 statewide (59% performance score). Other ranked nearby schools include Salem Hills High (#256). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 28

Is 319 LOAFER CANYON, Elk Ridge move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 29

Does 319 LOAFER CANYON, Elk Ridge 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 30

What is the lot like at 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

The lot is 0.92 acres. Lot features: Fenced: Full,Road: Paved,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full,Private. Terrain: Fenced: Full, Road: Paved, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full, Private. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 31

What utilities are available at 319 LOAFER CANYON, Elk Ridge?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary,Irrigation. 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 32

Does 319 LOAFER CANYON, Elk Ridge 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.

319 LOAFER CANYON, Elk Ridge, UT 84651

319 N LOAFER CANYON RD, Elk Ridge, UT 84651

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