Question 1

What is the asking price for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

1581 OLD LAKE, Fruit Heights is listed at $1,069,000 ($240/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1581 OLD LAKE, Fruit Heights have?

Accepted Answer

This Residential features 5 bedrooms, 4 bathrooms, 4,458 square feet of living space. It is a 2-story home. The lot is 0.31 acres.

Question 3

When was 1581 OLD LAKE, Fruit Heights built?

Accepted Answer

This property was built in 1994, making it 32 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 1581 OLD LAKE, Fruit Heights?

Accepted Answer

1581 OLD LAKE, Fruit Heights is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MOUNTAIN RIDGE ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 1581 OLD LAKE, Fruit Heights have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 6 open parking spaces. Total parking capacity: 9 vehicles.

Question 6

Is there an HOA for 1581 OLD LAKE, Fruit Heights?

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 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Annual property taxes for this property are approximately $3,433 (about $286/month). This represents an effective tax rate of approximately 0.32% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Sep. Tub/Shower, Central Vacuum, Closet: Walk-In, Disposal. Exterior features include: Basement Entrance, Bay Box Windows, Deck; Covered, Double Pane Windows, Entry (Foyer). The home has 2 fireplaces.   View: Mountain(s).

Question 9

Is 1581 OLD LAKE, Fruit Heights a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 70/100. Key deal signals: 6.9% year-over-year market appreciation; 100% LT gross rent coverage of monthly ownership cost. The price is 50% 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 Fruit Heights?

Accepted Answer

The median price for similar properties in the area is $715,000 (based on 10 homes). At $1,069,000, this listing is 50% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $5,496. Including estimated taxes, the total monthly cost is approximately $5,782. A 15-year mortgage at 6.04% would be $7,235/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 1581 OLD LAKE, Fruit Heights been on the market?

Accepted Answer

This property has been listed for 45 days. The average days on market in Fruit Heights is 34 days, meaning this listing is taking longer than the local average.

Question 13

Is 1581 OLD LAKE, Fruit Heights a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $86,529 with a gross rental yield of 8.1%. Net rental yield (after estimated expenses): 5.3%.  Estimated debt service coverage ratio (DSCR): 1.15. Investor score: 61/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $7,211 ($86,532/year). The gross rent multiplier is 12.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What schools serve 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Assigned schools: Elementary: Morgan; Middle: Fairfield; High: Davis. There are 4 schools within 3 miles of this property. The highest-rated nearby school is Jefferson Academy with a 61% state performance score (3.0 miles away). School district: Davis.

Question 16

What high school is near 1581 OLD LAKE, Fruit Heights?

Accepted Answer

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

Question 17

What elementary school is near 1581 OLD LAKE, Fruit Heights?

Accepted Answer

The nearest elementary school is Morgan (2.3 miles away). State performance score: 55%. District: Davis District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 18

What middle school is near 1581 OLD LAKE, Fruit Heights?

Accepted Answer

The nearest middle school is Fairfield.

Question 19

How good are the schools near 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Of the 4 schools within 3 miles, 4 have state performance data with an average score of 56%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 20

What is the internet speed at 1581 OLD LAKE, Fruit Heights?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); All West/Utah Inc. (8000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 11.

Question 21

Is 1581 OLD LAKE, Fruit Heights 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 22

How does this listing compare to the Fruit Heights market?

Accepted Answer

1581 OLD LAKE, Fruit Heights is listed at $1,069,000, which is above the Fruit Heights median of $755,500 by $313,500. There are currently 20 active listings in Fruit Heights. Homes in Fruit Heights sell in an average of 34 days. The average sale-to-list ratio is 99.2%.

Question 23

What is the Fruit Heights real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Fruit Heights is $755,500. There are currently 20 active listings. Homes sell in an average of 34 days. The average sale-to-list ratio is 99.2%. This listing at $1,069,000 is above the Fruit Heights 2026 median.

Question 24

Are there other homes for sale in Fruit Heights?

Accepted Answer

Yes — there are currently 20 active listings in Fruit Heights. Browse all Fruit Heights homes for sale at propaired.ai/listings/ut/fruit-heights. Prices range around a median of $755,500. Homes in Fruit Heights are selling in about 34 days on average.

Question 25

How does this price compare to the Utah state average?

Accepted Answer

At $1,069,000, this property is above the Utah state median of $525,000 by $544,000. Fruit Heights prices are 44% 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 26

What is the Propaired intelligence score for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

This property has a Propaired intelligence score of 25/100, combining deal value (70), recreation access (N/A), amenity proximity (N/A), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 27

What heating and cooling systems does 1581 OLD LAKE, Fruit Heights 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 28

What type of roof does 1581 OLD LAKE, Fruit Heights have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 32-year-old home, reviewing recent roof inspections is recommended.

Question 29

Does 1581 OLD LAKE, Fruit Heights 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 30

What is 1581 OLD LAKE, Fruit Heights constructed from?

Accepted Answer

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

Question 31

What type of flooring does 1581 OLD LAKE, Fruit Heights have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 32

What are the water and sewer connections for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

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

Question 33

What would homeowner's insurance cost for 1581 OLD LAKE, Fruit Heights?

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 $1,069,000, expect approximately $3,207-$5,345/year ($267-$445/month).   Get multiple quotes — rates vary significantly by insurer.

Question 34

What are the estimated closing costs for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,069,000, expect approximately $21,380-$53,450 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 35

How does the property tax compare to the list price at 1581 OLD LAKE, Fruit Heights?

Accepted Answer

The annual property tax of $3,433 represents an effective rate of 0.32% relative to the list price of $1,069,000. 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 36

What are the total estimated monthly costs for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Estimated total monthly housing cost: $6,138. This includes principal & interest ($5,496 at 6.66% with 20% down), property tax ($286/mo), and estimated insurance (~$356/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 37

Is 1581 OLD LAKE, Fruit Heights eligible for FHA or VA financing?

Accepted Answer

At $1,069,000, 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 38

What is the estimated cap rate for 1581 OLD LAKE, Fruit Heights?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 5.3%, based on estimated annual rent of $86,529 and a purchase price of $1,069,000. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 39

Is Fruit Heights a good rental market?

Accepted Answer

Estimated monthly rent in Fruit Heights is approximately $5,751. Homes in Fruit Heights sell in an average of 34 days, indicating healthy demand in this market. There are 20 active listings currently. Gross rental yield in this area: 8.1%. Utah's steady population growth continues to drive rental demand.

Question 40

Could 1581 OLD LAKE, Fruit Heights be a 1031 exchange property?

Accepted Answer

Yes, 1581 OLD LAKE, Fruit Heights 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 41

How does 1581 OLD LAKE, Fruit Heights compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $715,000. This listing is 50% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $792,450. Comparable analysis is based on similar size, age, and location.

Question 42

Is the Fruit Heights neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 6.9% over the past year. The current Zillow Home Value Index for this area is $544,625. This listing is priced at 196% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

What is the price trend in Fruit Heights?

Accepted Answer

Fruit Heights's median price has decreased 31.4% month-over-month. Current median: $755,500. Days on market have increased by 24.1% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 44

Is 1581 OLD LAKE, Fruit Heights overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 50% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 70/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 45

What school district is 1581 OLD LAKE, Fruit Heights in?

Accepted Answer

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

Question 46

How do nearby schools rank statewide?

Accepted Answer

Of the 4 nearby schools with state rankings, the highest-ranked is Creekside School at #169 statewide (57% performance score). Other ranked nearby schools include Jefferson Academy (#267) and Davis Connect K-6 (#286). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 47

Is 1581 OLD LAKE, Fruit Heights move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 48

What updates might 1581 OLD LAKE, Fruit Heights need?

Accepted Answer

At 32 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 49

Does 1581 OLD LAKE, Fruit Heights 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 50

What is the lot like at 1581 OLD LAKE, Fruit Heights?

Accepted Answer

The lot is 0.31 acres. Lot features: Curb & Gutter,Fenced: Full,Road: Paved,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 51

What utilities are available at 1581 OLD LAKE, Fruit Heights?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary,Secondary. 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 52

Does 1581 OLD LAKE, Fruit Heights 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.

1581 OLD LAKE, Fruit Heights, UT 84037

1581 E OLD LAKE LN, Fruit Heights, UT 84037

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