Question 1

What is the asking price for 556 FAIRFIELD, Layton?

Accepted Answer

556 FAIRFIELD, Layton is listed at $214,900 ($256/sqft). The original list price was $244,900, representing a reduction of $30,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 556 FAIRFIELD, Layton have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 840 square feet of living space. It is a 2-story home. The lot is 0.01 acres.

Question 3

When was 556 FAIRFIELD, Layton built?

Accepted Answer

This property was built in 1984, making it 42 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 556 FAIRFIELD, Layton?

Accepted Answer

556 FAIRFIELD, Layton is a Residential (Condominium). The architectural style is Stories: 2.

Question 5

Does 556 FAIRFIELD, Layton have a garage or parking?

Accepted Answer

Yes, this property includes a carport. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 556 FAIRFIELD, Layton?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $175 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 556 FAIRFIELD, Layton?

Accepted Answer

Annual property taxes for this property are approximately $1,019 (about $85/month). This represents an effective tax rate of approximately 0.47% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 556 FAIRFIELD, Layton?

Accepted Answer

Interior features include: Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows.    View: Mountain(s).

Question 9

Is 556 FAIRFIELD, Layton a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 83/100. Key deal signals: 5.7% year-over-year market appreciation; 12% price reduction from original list; 303.0 days on market — potential negotiation opportunity. The price is 2% below 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 Layton?

Accepted Answer

The median price for similar properties in the area is $219,900 (based on 7 homes). At $214,900, this listing is 2% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 556 FAIRFIELD, Layton?

Accepted Answer

Yes, the price has been reduced by 12.3% from the original list price of $244,900 to the current price of $214,900 — a reduction of $30,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 556 FAIRFIELD, Layton?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $1,079. Including estimated taxes and HOA fees, the total monthly cost is approximately $1,339. A 15-year mortgage at 5.79% would be $1,431/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 556 FAIRFIELD, Layton been on the market?

Accepted Answer

This property has been listed for 303 days. The average days on market in Layton is 50 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 556 FAIRFIELD, Layton a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $15,571 with a gross rental yield of 7.3%. Net rental yield (after estimated expenses): 4.7%.  Estimated debt service coverage ratio (DSCR): 1.06. Investor score: 57/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 556 FAIRFIELD, Layton?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,298 ($15,576/year). The gross rent multiplier is 13.8x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 556 FAIRFIELD, Layton offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Fixer-Upper. The primary lifestyle niche is "fixer_upper." These tags are derived from MLS data, property features, and location analysis.

Question 17

Is 556 FAIRFIELD, Layton a fixer-upper?

Accepted Answer

This property has been identified as a fixer-upper opportunity, meaning it may need renovation or updates but is priced accordingly. At 2% below comparable homes, there is potential upside after improvements. Get a thorough home inspection and renovation estimates before making an offer. An FHA 203(k) or Fannie Mae HomeStyle renovation loan may be applicable.

Question 18

What recreation is near 556 FAIRFIELD, Layton?

Accepted Answer

This property has a recreation score of 61/100. Nearby recreation includes: Adam`s Canyon trailhead (2.1 mi); Park park (0.5 mi); Valley View Golf Course (1.4 mi); Antelope Island State Park (14.8 mi). Skiing: Snowbasin Resort (9.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 556 FAIRFIELD, Layton?

Accepted Answer

Yes, the nearest trailhead is Adam`s Canyon, just 2.1 miles from the property. Antelope Island State Park is 14.8 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 556 FAIRFIELD, Layton?

Accepted Answer

This property has an amenity proximity score of 84/100. Nearby services include: Grocery: Fresh Market Layton (0.3 mi); Hospital: Hospital (1.3 mi); Pharmacy: Fresh Market Pharmacy (0.3 mi); Dining: Domino's (2.2 mi). Gas station: 1.6 miles. Gym: Da Dojo (1.5 mi).

Question 21

How far is the nearest hospital from 556 FAIRFIELD, Layton?

Accepted Answer

The nearest hospital is Hospital, approximately 1.3 miles from the property. The nearest fire station is 1.3 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 556 FAIRFIELD, Layton?

Accepted Answer

Assigned schools: Elementary: King; Middle: Central Davis; High: Layton. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Adams School with a 58% state performance score (2.3 miles away). School district: Davis.

Question 23

What high school is near 556 FAIRFIELD, Layton?

Accepted Answer

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

Question 24

What elementary school is near 556 FAIRFIELD, Layton?

Accepted Answer

The nearest elementary school is King (1.3 miles away). State performance score: 57%. District: Davis District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 25

What middle school is near 556 FAIRFIELD, Layton?

Accepted Answer

The nearest middle school is Central Davis.

Question 26

How good are the schools near 556 FAIRFIELD, Layton?

Accepted Answer

Of the 3 schools within 3 miles, 3 have state performance data with an average score of 55%.  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 27

What is the internet speed at 556 FAIRFIELD, Layton?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (3000 Mbps, Fiber). Total providers: 14.

Question 28

Is 556 FAIRFIELD, Layton 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 29

How does this listing compare to the Layton market?

Accepted Answer

556 FAIRFIELD, Layton is listed at $214,900, which is below the Layton median of $500,000 by $285,100. There are currently 210 active listings in Layton. Homes in Layton sell in an average of 50 days. The average sale-to-list ratio is 99.2%.

Question 30

What is the Layton real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Layton is $500,000. There are currently 210 active listings. Homes sell in an average of 50 days. The average sale-to-list ratio is 99.2%. This listing at $214,900 is below the Layton 2026 median.

Question 31

Are there other homes for sale in Layton?

Accepted Answer

Yes — there are currently 210 active listings in Layton. Browse all Layton homes for sale at propaired.ai/listings/ut/layton. Prices range around a median of $500,000. Homes in Layton are selling in about 50 days on average.

Question 32

What is the Layton neighborhood like?

Accepted Answer

Growing Davis County city. Family-friendly, good schools, affordable than northern suburbs, shopping, easy I-15 access. Layton is known for: family-friendly, growing, good-schools, affordable. Population: approximately 93,000. Explore the full Layton market data and community guide on Propaired.

Question 33

How does this price compare to the Utah state average?

Accepted Answer

At $214,900, this property is below the Utah state median of $525,000 by $310,100. Layton prices are 5% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 34

What is the Propaired intelligence score for 556 FAIRFIELD, Layton?

Accepted Answer

This property has a Propaired intelligence score of 76/100, combining deal value (83), recreation access (61), amenity proximity (84), broadband quality (100), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 35

What heating and cooling systems does 556 FAIRFIELD, Layton have?

Accepted Answer

Heating: Forced Air. Cooling: Evaporative Cooling. 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 36

What type of roof does 556 FAIRFIELD, Layton have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 42-year-old home, reviewing recent roof inspections is recommended.

Question 37

Does 556 FAIRFIELD, Layton have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 38

What is 556 FAIRFIELD, Layton constructed from?

Accepted Answer

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

Question 39

What type of flooring does 556 FAIRFIELD, Layton have?

Accepted Answer

Flooring types include: Carpet,Linoleum,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 40

What are the water and sewer connections for 556 FAIRFIELD, Layton?

Accepted Answer

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

Question 41

What is the commute like from 556 FAIRFIELD, Layton?

Accepted Answer

556 FAIRFIELD, Layton is located in Layton, in the Wasatch Front region of Utah. With a population of approximately 93,000, Layton has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 42

What shopping and dining is near 556 FAIRFIELD, Layton?

Accepted Answer

The nearest restaurant is Domino's (2.2 miles away) and the nearest grocery store is Fresh Market Layton (0.3 miles). Coffee: Brew & chew coffee (1.5 mi). Banking: Goldenwest Credit Union (1.3 mi). Overall amenity proximity score: 84/100.

Question 43

What is the Layton community like?

Accepted Answer

Layton is known for: family-friendly, growing, good-schools, affordable, shopping. The city has approximately 93,000 residents. The median home price in Layton is $420,000. Explore the full Layton community profile on Propaired for detailed neighborhood insights.

Question 44

Is Layton a safe and family-friendly area?

Accepted Answer

Layton is characterized as: family-friendly. With a population of about 93,000, Layton offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 45

What would homeowner's insurance cost for 556 FAIRFIELD, Layton?

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 $214,900, expect approximately $645-$1,075/year ($54-$90/month).   Get multiple quotes — rates vary significantly by insurer.

Question 46

What are the estimated closing costs for 556 FAIRFIELD, Layton?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $214,900, expect approximately $4,298-$10,745 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 47

How does the property tax compare to the list price at 556 FAIRFIELD, Layton?

Accepted Answer

The annual property tax of $1,019 represents an effective rate of 0.47% relative to the list price of $214,900. 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 48

What are the total estimated monthly costs for 556 FAIRFIELD, Layton?

Accepted Answer

Estimated total monthly housing cost: $1,411. This includes principal & interest ($1,079 at 6.43% with 20% down), property tax ($85/mo), HOA ($175/mo), and estimated insurance (~$72/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 49

Is 556 FAIRFIELD, Layton eligible for FHA or VA financing?

Accepted Answer

At $214,900, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.  FHA 203(k) renovation loans may be an option for this property.  Consult a mortgage lender for personalized eligibility.

Question 50

What is the estimated cap rate for 556 FAIRFIELD, Layton?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 4.7%, based on estimated annual rent of $15,571 and a purchase price of $214,900. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 51

Is Layton a good rental market?

Accepted Answer

Estimated monthly rent in Layton is approximately $1,210. Homes in Layton sell in an average of 50 days, indicating healthy demand in this market. There are 210 active listings currently. Gross rental yield in this area: 7.3%. Utah's steady population growth continues to drive rental demand.

Question 52

Could 556 FAIRFIELD, Layton be a 1031 exchange property?

Accepted Answer

Yes, 556 FAIRFIELD, Layton 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 53

How does 556 FAIRFIELD, Layton compare to recently sold homes nearby?

Accepted Answer

Based on 7 comparable properties, the median sold price in this area is $219,900. This listing is 2% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $233,000. Comparable analysis is based on similar size, age, and location.

Question 54

Is the Layton neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 5.7% over the past year. The current Zillow Home Value Index for this area is $106,249. This listing is priced at 202% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 55

What is the price trend in Layton?

Accepted Answer

Layton's median price has decreased 13.9% month-over-month. Current median: $500,000. Days on market have decreased by 24.7% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 56

Is 556 FAIRFIELD, Layton overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 83/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 57

What school district is 556 FAIRFIELD, Layton in?

Accepted Answer

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

Question 58

How do nearby schools rank statewide?

Accepted Answer

Of the 3 nearby schools with state rankings, the highest-ranked is Creekside School at #169 statewide (57% performance score). Other ranked nearby schools include Adams School (#218) and Central Davis Jr High (#341). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 59

What parks are near 556 FAIRFIELD, Layton?

Accepted Answer

The nearest local park is Park (0.5 miles away). The nearest state park is Antelope Island State Park (14.8 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 60

Is there a golf course near 556 FAIRFIELD, Layton?

Accepted Answer

The nearest golf course is Valley View Golf Course, 1.4 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 61

What water activities are near 556 FAIRFIELD, Layton?

Accepted Answer

Water recreation near this property includes: Pineview Reservoir (14.3 mi); boat ramp at Ogden Bay WMA small boat (15.0 mi); fishing at Ogden River (10.7 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 62

Is 556 FAIRFIELD, Layton move-in ready?

Accepted Answer

This property has been identified as a fixer-upper and likely requires renovation before occupying.

Question 63

What updates might 556 FAIRFIELD, Layton need?

Accepted Answer

At 42 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. 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 64

Does 556 FAIRFIELD, Layton 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.

556 FAIRFIELD, Layton, UT 84041

556 N FAIRFIELD RD #D 2, Layton, UT 84041

About This Property

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