Question 1

What is the asking price for 7967 SPRING VALLEY, Lake Point?

Accepted Answer

7967 SPRING VALLEY, Lake Point is listed at $775,000 ($237/sqft). The original list price was $825,000, representing a reduction of $50,000. Current status: Expired.

Question 2

How many bedrooms and bathrooms does 7967 SPRING VALLEY, Lake Point have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 3,267 square feet of living space. It is a 2-story home. The lot is 1 acres.

Question 3

When was 7967 SPRING VALLEY, Lake Point built?

Accepted Answer

This property was built in 2022, making it 4 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 7967 SPRING VALLEY, Lake Point?

Accepted Answer

7967 SPRING VALLEY, Lake Point is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the BRIDLE WALK subdivision. Zoning: Single-Family.

Question 5

Does 7967 SPRING VALLEY, Lake Point have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 7967 SPRING VALLEY, Lake Point?

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 7967 SPRING VALLEY, Lake Point?

Accepted Answer

Annual property taxes for this property are approximately $4,923 (about $410/month). This represents an effective tax rate of approximately 0.64% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 7967 SPRING VALLEY, Lake Point?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Oven: Double. Exterior features include: Double Pane Windows, Horse Property. The home has 1 fireplace.   View: Mountain(s).

Question 9

How long has 7967 SPRING VALLEY, Lake Point been on the market?

Accepted Answer

This property has been listed for 342 days. The average days on market in Lake Point is 81 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Is 7967 SPRING VALLEY, Lake Point suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 1-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 11

What schools serve 7967 SPRING VALLEY, Lake Point?

Accepted Answer

Assigned schools: Elementary: Rose Springs; Middle: Clarke N Johnsen; High: Stansbury.   School district: Tooele.

Question 12

How does this listing compare to the Lake Point market?

Accepted Answer

7967 SPRING VALLEY, Lake Point is listed at $775,000, which is above the Lake Point median of $580,000 by $195,000. There are currently 26 active listings in Lake Point. Homes in Lake Point sell in an average of 81 days. The average sale-to-list ratio is 100.0%.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $775,000, this property is above the Utah state median of $510,000 by $265,000. Lake Point prices are 14% 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 14

What heating and cooling systems does 7967 SPRING VALLEY, Lake Point have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 15

What type of roof does 7967 SPRING VALLEY, Lake Point have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 4-year-old home, reviewing recent roof inspections is recommended.

Question 16

Does 7967 SPRING VALLEY, Lake Point 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 17

What is 7967 SPRING VALLEY, Lake Point constructed from?

Accepted Answer

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

Question 18

What type of flooring does 7967 SPRING VALLEY, Lake Point have?

Accepted Answer

Flooring types include: Carpet,Tile,Vinyl.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms. Luxury vinyl/LVP is waterproof, durable, and increasingly popular in Utah homes.

Question 19

What are the water and sewer connections for 7967 SPRING VALLEY, Lake Point?

Accepted Answer

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

Question 20

What would homeowner's insurance cost for 7967 SPRING VALLEY, Lake Point?

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 $775,000, expect approximately $2,325-$3,875/year ($194-$323/month).   Get multiple quotes — rates vary significantly by insurer.

Question 21

What are the estimated closing costs for 7967 SPRING VALLEY, Lake Point?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $775,000, expect approximately $15,500-$38,750 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 22

How does the property tax compare to the list price at 7967 SPRING VALLEY, Lake Point?

Accepted Answer

The annual property tax of $4,923 represents an effective rate of 0.64% relative to the list price of $775,000. 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 23

Is 7967 SPRING VALLEY, Lake Point eligible for FHA or VA financing?

Accepted Answer

At $775,000, 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 24

Could 7967 SPRING VALLEY, Lake Point be a 1031 exchange property?

Accepted Answer

Yes, 7967 SPRING VALLEY, Lake Point 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 25

What is the price trend in Lake Point?

Accepted Answer

Lake Point's median price has decreased 13.2% month-over-month. Current median: $580,000. Days on market have decreased by 49.5% month-over-month. Homes are selling at 100.0% of list price on average. Monitor these trends to time your offer strategically.

Question 26

What school district is 7967 SPRING VALLEY, Lake Point in?

Accepted Answer

This property is in the Tooele school district. Assigned elementary: Rose Springs. Assigned middle: Clarke N Johnsen. Assigned high: Stansbury. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 27

Is 7967 SPRING VALLEY, Lake Point move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 28

Does 7967 SPRING VALLEY, Lake Point 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 29

What is the lot like at 7967 SPRING VALLEY, Lake Point?

Accepted Answer

The lot is 1 acres. Lot features: View: Mountain. Terrain: View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 30

What utilities are available at 7967 SPRING VALLEY, Lake Point?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. 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 31

Does 7967 SPRING VALLEY, Lake Point 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.

7967 SPRING VALLEY, Lake Point, UT 84074

7967 N SPRING VALLEY LN #321, Lake Point, UT 84074

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