Question 1

What is the asking price for 515 400, Ferron?

Accepted Answer

515 400, Ferron is listed at $490,000 ($175/sqft). The original list price was $495,000, representing a reduction of $5,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 515 400, Ferron have?

Accepted Answer

This Residential features 6 bedrooms, 3 bathrooms, 2,800 square feet of living space. It is a 2-story home. The lot is 0.75 acres.

Question 3

When was 515 400, Ferron built?

Accepted Answer

This property was built in 1977, making it 49 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 515 400, Ferron?

Accepted Answer

515 400, Ferron is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 515 400, Ferron have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 8 open parking spaces. Total parking capacity: 10 vehicles.

Question 6

Is there an HOA for 515 400, Ferron?

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 515 400, Ferron?

Accepted Answer

Annual property taxes for this property are approximately $3,204 (about $267/month). This represents an effective tax rate of approximately 0.65% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 515 400, Ferron?

Accepted Answer

Interior features include: Bath: Primary, Central Vacuum, Disposal, Great Room, Oven: Gas. Exterior features include: Awning(s), Out Buildings, Lighting, Patio: Covered, Porch: Open. The home has 2 fireplaces.  Spa/hot tub included. View: Mountain(s),Valley.

Question 9

Is 515 400, Ferron a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Growth Market Deal" with a deal score of 100/100. Key deal signals: Priced 6% below market value; 18.1% year-over-year market appreciation. The price is 53% above 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 Ferron?

Accepted Answer

The median price for similar properties in the area is $320,550 (based on 4 homes). At $490,000, this listing is 53% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

Has the price been reduced on 515 400, Ferron?

Accepted Answer

Yes, the price has been reduced by 1.0% from the original list price of $495,000 to the current price of $490,000 — a reduction of $5,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 515 400, Ferron?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $2,442. Including estimated taxes, the total monthly cost is approximately $2,709. A 15-year mortgage at 5.71% would be $3,247/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 515 400, Ferron been on the market?

Accepted Answer

This property has been listed for 1 days.  This is a fresh listing — act quickly if interested.

Question 14

What lifestyle features does 515 400, Ferron offer?

Accepted Answer

Propaired's AI has identified 6 lifestyle features for this property: ADU/Multigenerational, Cabin/Mountain, Golf Community, Fishing, Sport Court, Hot Tub/Spa. The primary lifestyle niche is "vineyard_orchard." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 515 400, Ferron good for fishing or outdoor recreation?

Accepted Answer

Yes, this property is well-positioned for outdoor recreation.    Utah offers year-round fishing in rivers, reservoirs, and lakes — a fishing license is required.

Question 16

What schools serve 515 400, Ferron?

Accepted Answer

Assigned schools: Elementary: Ferron; Middle: San Rafael; High: Emery County.   School district: Emery.

Question 17

What high school is near 515 400, Ferron?

Accepted Answer

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

Question 18

What elementary school is near 515 400, Ferron?

Accepted Answer

The nearest elementary school is Ferron. Propaired provides full school ratings and comparison data for all schools in this area.

Question 19

What middle school is near 515 400, Ferron?

Accepted Answer

The nearest middle school is San Rafael.

Question 20

Is 515 400, Ferron in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 21

What is the Propaired intelligence score for 515 400, Ferron?

Accepted Answer

This property has a Propaired intelligence score of 55/100, combining deal value (100), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (7 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 22

What heating and cooling systems does 515 400, Ferron have?

Accepted Answer

Heating: Gas: Central,Hot Water. 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 23

What type of roof does 515 400, Ferron have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 49-year-old home, reviewing recent roof inspections is recommended.

Question 24

Does 515 400, Ferron have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 25

What is 515 400, Ferron constructed from?

Accepted Answer

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

Question 26

What type of flooring does 515 400, Ferron have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 27

What are the water and sewer connections for 515 400, Ferron?

Accepted Answer

Water source: Culinary,Secondary. Sewer: Sewer: Available.   Water is a critical consideration in Utah's arid climate.

Question 28

What would homeowner's insurance cost for 515 400, Ferron?

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 $490,000, expect approximately $1,470-$2,450/year ($123-$204/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 29

What are the estimated closing costs for 515 400, Ferron?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $490,000, expect approximately $9,800-$24,500 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 30

How does the property tax compare to the list price at 515 400, Ferron?

Accepted Answer

The annual property tax of $3,204 represents an effective rate of 0.65% relative to the list price of $490,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 31

What are the total estimated monthly costs for 515 400, Ferron?

Accepted Answer

Estimated total monthly housing cost: $2,872. This includes principal & interest ($2,442 at 6.36% with 20% down), property tax ($267/mo), and estimated insurance (~$163/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 32

Is 515 400, Ferron eligible for FHA or VA financing?

Accepted Answer

At $490,000, 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 515 400, Ferron be a 1031 exchange property?

Accepted Answer

Yes, 515 400, Ferron 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

How does 515 400, Ferron compare to recently sold homes nearby?

Accepted Answer

Based on 4 comparable properties, the median sold price in this area is $320,550. This listing is 53% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $430,000. Comparable analysis is based on similar size, age, and location.

Question 35

Is the Ferron neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 18.1% over the past year. The current Zillow Home Value Index for this area is $224,192. This listing is priced at 219% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 36

Is 515 400, Ferron overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Growth Market Deal." At 53% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 37

What school district is 515 400, Ferron in?

Accepted Answer

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

Question 38

Is 515 400, Ferron move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 39

What updates might 515 400, Ferron need?

Accepted Answer

At 49 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: Gas: Central,Hot Water. 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 40

Does 515 400, Ferron 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 41

What is the lot like at 515 400, Ferron?

Accepted Answer

The lot is 0.75 acres. Lot features: Corner Lot,Fenced: Part,Road: Paved,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain,View: Valley. Terrain: Corner Lot, Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 42

What utilities are available at 515 400, Ferron?

Accepted Answer

Available utilities include: Natural Gas Available,Electricity Available,Sewer Available,Water Available. Water source: Culinary,Secondary. Sewer: Sewer: Available. 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 43

Does 515 400, Ferron have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central,Hot Water. 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.

515 400, Ferron, UT 84523

515 S 400 W, Ferron, UT 84523

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Short-Term Rental

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Ferron Market Context

Connect with a Buyer’s Agent

Similar Homes

$379,000

$260,000

$262,100

$430,000

Find Your Dream Home

Frequently Asked Questions

Discover