Question 1

What is the asking price for 359 700, Farmington?

Accepted Answer

359 700, Farmington is listed at $639,000 ($179/sqft). The original list price was $684,000, representing a reduction of $45,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 359 700, Farmington have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 3,571 square feet of living space. It is a 2-story home. The lot is 0.2 acres.

Question 3

When was 359 700, Farmington built?

Accepted Answer

This property was built in 1978, making it 48 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 359 700, Farmington?

Accepted Answer

359 700, Farmington is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the CONTINENTAL ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 359 700, Farmington 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 359 700, Farmington?

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 359 700, Farmington?

Accepted Answer

Annual property taxes for this property are approximately $3,313 (about $276/month). This represents an effective tax rate of approximately 0.52% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 359 700, Farmington?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Kitchen: Updated, Range/Oven: Free Stdng.. Exterior features include: Attic Fan, Basement Entrance, Bay Box Windows, Double Pane Windows, Lighting. The home has 1 fireplace.   View: Lake,Mountain(s),Valley.

Question 9

Is 359 700, Farmington a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 90/100. Key deal signals: Priced 15% below similar homes; Priced 6% below market value; 4.8% year-over-year market appreciation. The price is 15% 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 Farmington?

Accepted Answer

The median price for similar properties in the area is $760,000 (based on 9 homes). At $639,000, this listing is 15% below the median for comparable homes. It ranks #Below Similar among similar listings by value.

Question 11

Has the price been reduced on 359 700, Farmington?

Accepted Answer

Yes, the price has been reduced by 5.1% from the original list price of $684,000 to the current price of $639,000 — a reduction of $45,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 359 700, Farmington?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $3,234. Including estimated taxes, the total monthly cost is approximately $3,510. A 15-year mortgage at 5.71% would be $4,300/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 359 700, Farmington been on the market?

Accepted Answer

This property has been listed for 77 days. The average days on market in Farmington is 46 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 359 700, Farmington a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $67,036 with a gross rental yield of 10.3%. Net rental yield (after estimated expenses): 6.7%.  Estimated debt service coverage ratio (DSCR): 1.52. Investor score: 69/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 359 700, Farmington?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $5,586 ($67,032/year). The gross rent multiplier is 9.7x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What schools serve 359 700, Farmington?

Accepted Answer

Assigned schools: Elementary: Farmington; Middle: Farmington; High: Farmington. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Farmington School with a 56% state performance score (0.8 miles away). School district: Davis.

Question 17

What high school is near 359 700, Farmington?

Accepted Answer

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

Question 18

What elementary school is near 359 700, Farmington?

Accepted Answer

The nearest elementary school is Farmington (0.8 miles away). State performance score: 56%. District: Davis District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 19

What middle school is near 359 700, Farmington?

Accepted Answer

The nearest middle school is Farmington.

Question 20

Is 359 700, Farmington in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 21

How does this listing compare to the Farmington market?

Accepted Answer

359 700, Farmington is listed at $639,000, which is above the Farmington median of $620,000 by $19,000. There are currently 58 active listings in Farmington. Homes in Farmington sell in an average of 46 days. The average sale-to-list ratio is 99.0%.

Question 22

What is the Farmington real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Farmington is $620,000. There are currently 58 active listings. Homes sell in an average of 46 days. The average sale-to-list ratio is 99.0%. This listing at $639,000 is above the Farmington 2026 median.

Question 23

Are there other homes for sale in Farmington?

Accepted Answer

Yes — there are currently 58 active listings in Farmington. Browse all Farmington homes for sale at propaired.ai/listings/ut/farmington. Prices range around a median of $620,000. Homes in Farmington are selling in about 46 days on average.

Question 24

How does this price compare to the Utah state average?

Accepted Answer

At $639,000, this property is above the Utah state median of $517,990 by $121,010. Farmington prices are 20% 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 25

What is the Propaired intelligence score for 359 700, Farmington?

Accepted Answer

This property has a Propaired intelligence score of 32/100, combining deal value (90), 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 26

What heating and cooling systems does 359 700, Farmington 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 27

What type of roof does 359 700, Farmington have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 48-year-old home, reviewing recent roof inspections is recommended.

Question 28

Does 359 700, Farmington have a basement?

Accepted Answer

Yes, the basement is described as: Entrance,Full,Walk-Out Access. 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 29

What is 359 700, Farmington constructed from?

Accepted Answer

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

Question 30

What type of flooring does 359 700, Farmington 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 31

What are the water and sewer connections for 359 700, Farmington?

Accepted Answer

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

Question 32

What would homeowner's insurance cost for 359 700, Farmington?

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 $639,000, expect approximately $1,917-$3,195/year ($160-$266/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 33

What are the estimated closing costs for 359 700, Farmington?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $639,000, expect approximately $12,780-$31,950 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 34

How does the property tax compare to the list price at 359 700, Farmington?

Accepted Answer

The annual property tax of $3,313 represents an effective rate of 0.52% relative to the list price of $639,000. 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 35

What are the total estimated monthly costs for 359 700, Farmington?

Accepted Answer

Estimated total monthly housing cost: $3,723. This includes principal & interest ($3,234 at 6.36% with 20% down), property tax ($276/mo), and estimated insurance (~$213/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 36

Is 359 700, Farmington eligible for FHA or VA financing?

Accepted Answer

At $639,000, 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 37

What is the estimated cap rate for 359 700, Farmington?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 6.7%, based on estimated annual rent of $67,036 and a purchase price of $639,000. A cap rate above 6% is generally considered strong for residential investment.

Question 38

Is Farmington a good rental market?

Accepted Answer

Estimated monthly rent in Farmington is approximately $4,678. Homes in Farmington sell in an average of 46 days, indicating healthy demand in this market. There are 58 active listings currently. Gross rental yield in this area: 10.3%. Utah's steady population growth continues to drive rental demand.

Question 39

Could 359 700, Farmington be a 1031 exchange property?

Accepted Answer

Yes, 359 700, Farmington 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 40

How does 359 700, Farmington compare to recently sold homes nearby?

Accepted Answer

Based on 9 comparable properties, the median sold price in this area is $760,000. This listing is 15% below the comparable median. It ranks Below Similar among similar listings by value. The median for this property type specifically is $900,000. Comparable analysis is based on similar size, age, and location.

Question 41

Is the Farmington neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 4.8% over the past year. The current Zillow Home Value Index for this area is $476,669. This listing is priced at 136% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 42

What is the price trend in Farmington?

Accepted Answer

Farmington's median price has increased 38.1% month-over-month. Current median: $620,000. Days on market have decreased by 25.4% month-over-month. Homes are selling at 99.0% of list price on average. Monitor these trends to time your offer strategically.

Question 43

Is 359 700, Farmington overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 15% below comparable homes, this property appears competitively priced. Deal score: 90/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 44

What school district is 359 700, Farmington in?

Accepted Answer

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

Question 45

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is Farmington School at #225 statewide (56% performance score). Other ranked nearby schools include Davis Connect K-6 (#286). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 46

Is 359 700, Farmington move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 47

What updates might 359 700, Farmington need?

Accepted Answer

At 48 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: 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 48

Does 359 700, Farmington come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 49

What is the lot like at 359 700, Farmington?

Accepted Answer

The lot is 0.2 acres. Lot features: Corner Lot,Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,View: Lake,View: Mountain,View: Valley. Terrain: Corner Lot, Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Lake, View: Mountain, View: Valley. Views: Lake,Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 50

What utilities are available at 359 700, Farmington?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary,Irrigation: Pressure. 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 51

Does 359 700, Farmington 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.

359 700, Farmington, UT 84025

359 E 700 S, Farmington, UT 84025

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