Question 1

What is the asking price for 83 STATE, Fountain Green?

Accepted Answer

83 STATE, Fountain Green is listed at $1,200,000. The original list price was $1,500,000, representing a reduction of $300,000. This listing is currently active and available for showings.

Question 2

When was 83 STATE, Fountain Green built?

Accepted Answer

This property was built in 1902, making it 124 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 3

What type of property is 83 STATE, Fountain Green?

Accepted Answer

83 STATE, Fountain Green is a Commercial Sale (Retail).  It is located in the DAILEY MINOR subdivision.

Question 4

Is there an HOA for 83 STATE, Fountain Green?

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 83 STATE, Fountain Green?

Accepted Answer

Annual property taxes for this property are approximately $1,317 (about $110/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 83 STATE, Fountain Green?

Accepted Answer

Interior features include: Restroom: Public.

Question 7

How long has 83 STATE, Fountain Green been on the market?

Accepted Answer

This property has been listed for 297 days.  Extended time on market may present negotiation opportunities for buyers.

Question 8

What would homeowner's insurance cost for 83 STATE, Fountain Green?

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 $1,200,000, expect approximately $3,600-$6,000/year ($300-$500/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 9

What are the estimated closing costs for 83 STATE, Fountain Green?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,200,000, expect approximately $24,000-$60,000 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 10

How does the property tax compare to the list price at 83 STATE, Fountain Green?

Accepted Answer

The annual property tax of $1,317 represents an effective rate of 0.11% relative to the list price of $1,200,000. 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 11

Is 83 STATE, Fountain Green eligible for FHA or VA financing?

Accepted Answer

At $1,200,000, 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 12

Could 83 STATE, Fountain Green be a 1031 exchange property?

Accepted Answer

Yes, 83 STATE, Fountain Green 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 13

Is 83 STATE, Fountain Green move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 14

What updates might 83 STATE, Fountain Green need?

Accepted Answer

At 124 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   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 15

Does 83 STATE, Fountain Green 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 16

What is the lot like at 83 STATE, Fountain Green?

Accepted Answer

The lot is 0.77 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

83 STATE, Fountain Green, UT 84632

83 S STATE ST, Fountain Green, UT 84632

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