Question 1

What is the asking price for 1242 2000, Farr West?

Accepted Answer

1242 2000, Farr West is listed at $5,497,000. The original list price was $5,800,000, representing a reduction of $303,000. This listing is currently active and available for showings.

Question 2

When was 1242 2000, Farr West built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 3

What type of property is 1242 2000, Farr West?

Accepted Answer

1242 2000, Farr West is a Commercial Sale (Industrial).  It is located in the FARR WEST BUSINESS PARK subdivision. Zoning: Commercial, Industrial.

Question 4

Is there an HOA for 1242 2000, Farr West?

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 5

What are the property taxes for 1242 2000, Farr West?

Accepted Answer

Annual property taxes for this property are approximately $6,035 (about $503/month). This represents an effective tax rate of approximately 0.11% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

What are the key features of 1242 2000, Farr West?

Accepted Answer

Exterior features include: Paved Parking, Security Lighting.

Question 7

How long has 1242 2000, Farr West been on the market?

Accepted Answer

This property has been listed for 28 days. The average days on market in Farr West is 102 days, meaning this listing is moving faster than the local average.

Question 8

Is 1242 2000, Farr West suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 1.64-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 9

Is 1242 2000, Farr West new construction?

Accepted Answer

Yes, this is a new construction property built in 2026. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 10

What schools serve 1242 2000, Farr West?

Accepted Answer

There are 1 schools within 3 miles of this property. The highest-rated nearby school is Wahlquist Jr High with a 50% state performance score (1.6 miles away).

Question 11

How does this listing compare to the Farr West market?

Accepted Answer

1242 2000, Farr West is listed at $5,497,000, which is above the Farr West median of $669,900 by $4,827,100. There are currently 17 active listings in Farr West. Homes in Farr West sell in an average of 102 days. The average sale-to-list ratio is 98.8%.

Question 12

What is the Farr West real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Farr West is $669,900. There are currently 17 active listings. Homes sell in an average of 102 days. The average sale-to-list ratio is 98.8%. This listing at $5,497,000 is above the Farr West 2026 median.

Question 13

Are there other homes for sale in Farr West?

Accepted Answer

Yes — there are currently 17 active listings in Farr West. Browse all Farr West homes for sale at propaired.ai/listings/ut/farr-west. Prices range around a median of $669,900. Homes in Farr West are selling in about 102 days on average.

Question 14

How does this price compare to the Utah state average?

Accepted Answer

At $5,497,000, this property is above the Utah state median of $510,000 by $4,987,000. Farr West prices are 31% 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 would homeowner's insurance cost for 1242 2000, Farr West?

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 $5,497,000, expect approximately $16,491-$27,485/year ($1,374-$2,290/month).   Get multiple quotes — rates vary significantly by insurer.

Question 16

What are the estimated closing costs for 1242 2000, Farr West?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $5,497,000, expect approximately $109,940-$274,850 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 17

How does the property tax compare to the list price at 1242 2000, Farr West?

Accepted Answer

The annual property tax of $6,035 represents an effective rate of 0.11% relative to the list price of $5,497,000. 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 18

Is 1242 2000, Farr West eligible for FHA or VA financing?

Accepted Answer

At $5,497,000, 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 19

Could 1242 2000, Farr West be a 1031 exchange property?

Accepted Answer

Yes, 1242 2000, Farr West 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 20

What is the price trend in Farr West?

Accepted Answer

Farr West's median price has decreased 8.8% month-over-month. Current median: $669,900. Days on market have decreased by 18.6% month-over-month. Homes are selling at 98.8% of list price on average. Monitor these trends to time your offer strategically.

Question 21

Is 1242 2000, Farr West move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 22

Does 1242 2000, Farr West 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 23

What is the lot like at 1242 2000, Farr West?

Accepted Answer

The lot is 1.64 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 24

What utilities are available at 1242 2000, Farr West?

Accepted Answer

Available utilities include: 120/208 V 3 Phase 4 Wire.   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.

1242 2000, Farr West, UT 84404

1242 N 2000 W, Farr West, UT 84404

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