Question 1

What is the asking price for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

4063 NEWLAND LOOP UNIT #3, Lehi is listed at $509,900 ($205/sqft). The original list price was $519,000, representing a reduction of $9,100. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 4063 NEWLAND LOOP UNIT #3, Lehi have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 2,490 square feet of living space. It is a 3-story home. The lot is 0.18 acres.

Question 3

When was 4063 NEWLAND LOOP UNIT #3, Lehi built?

Accepted Answer

This property was built in 2002, making it 24 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

4063 NEWLAND LOOP UNIT #3, Lehi is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the PILGRIM'S LANDING subdivision. Zoning: Single-Family.

Question 5

Does 4063 NEWLAND LOOP UNIT #3, Lehi have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 2 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $25 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $2,291 (about $191/month). This represents an effective tax rate of approximately 0.45% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Gas Log, Great Room. Exterior features include: Double Pane Windows, Porch: Open, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 4063 NEWLAND LOOP UNIT #3, Lehi a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 52/100. Key deal signals: Priced 16% below similar homes; Priced 9% below market median (per-type); 4.5% gross rental yield. The price is 16% 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 Lehi?

Accepted Answer

The median price for similar properties in the area is $609,900 (based on 10 homes). At $509,900, this listing is 16% below the median for comparable homes. It ranks #Below Similar among similar listings by value.

Question 11

Has the price been reduced on 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Yes, the price has been reduced by 1.8% from the original list price of $519,000 to the current price of $509,900 — a reduction of $9,100. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $2,475. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,691. A 15-year mortgage at 5.50% would be $3,333/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 4063 NEWLAND LOOP UNIT #3, Lehi been on the market?

Accepted Answer

This property has been listed for 132 days. The average days on market in Lehi is 68 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 4063 NEWLAND LOOP UNIT #3, Lehi a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $23,139 with a gross rental yield of 4.5%. Net rental yield (after estimated expenses): 3.0%.  Estimated debt service coverage ratio (DSCR): 0.58. Investor score: 44/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,928 ($23,136/year). The gross rent multiplier is 22.0x (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 4063 NEWLAND LOOP UNIT #3, Lehi offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Privacy/Seclusion. The primary lifestyle niche is "privacy_seclusion." These tags are derived from MLS data, property features, and location analysis.

Question 17

Is 4063 NEWLAND LOOP UNIT #3, Lehi near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 15.0 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 18

What recreation is near 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

This property has a recreation score of 72/100. Nearby recreation includes: Jordan Narrows (JRP) trailhead (1.1 mi); Park park (0.2 mi); Thanksgiving Point Golf Course (0.7 mi); Flight Park State Recreation Area (1.5 mi); Capitol Reef NP — Cathedral Valley (143.6 mi). Skiing: Snowbird Ski and Summer Resort (15.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Yes, the nearest trailhead is Jordan Narrows (JRP), just 1.1 miles from the property. Flight Park State Recreation Area is 1.5 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What schools serve 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Assigned schools: Elementary: Belmont; Middle: Lehi; High: Skyridge.   School district: Alpine.

Question 21

How does this listing compare to the Lehi market?

Accepted Answer

4063 NEWLAND LOOP UNIT #3, Lehi is listed at $509,900, which is below the Lehi median of $570,000 by $60,100. There are currently 240 active listings in Lehi. Homes in Lehi sell in an average of 68 days. The average sale-to-list ratio is 98.7%.

Question 22

What is the Lehi neighborhood like?

Accepted Answer

High-growth tech hub south of Salt Lake. Home to major tech companies, new neighborhoods, excellent schools, family-oriented. Rapid development and job opportunities. Lehi is known for: tech-hub, growing, excellent-schools, family-friendly. Population: approximately 68,000. Explore the full Lehi market data and community guide on Propaired.

Question 23

How does this price compare to the Utah state average?

Accepted Answer

At $509,900, this property is below the Utah state median of $510,000 by $100. Lehi prices are 12% 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 24

What is the Propaired intelligence score for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

This property has a Propaired intelligence score of 54/100, combining deal value (52), recreation access (72), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 25

What heating and cooling systems does 4063 NEWLAND LOOP UNIT #3, Lehi 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 26

What type of roof does 4063 NEWLAND LOOP UNIT #3, Lehi have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 24-year-old home, reviewing recent roof inspections is recommended.

Question 27

Does 4063 NEWLAND LOOP UNIT #3, Lehi 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 28

What is 4063 NEWLAND LOOP UNIT #3, Lehi constructed from?

Accepted Answer

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

Question 29

What type of flooring does 4063 NEWLAND LOOP UNIT #3, Lehi have?

Accepted Answer

Flooring types include: Carpet,Vinyl.   Carpeted areas provide warmth and comfort, especially in bedrooms. Luxury vinyl/LVP is waterproof, durable, and increasingly popular in Utah homes.

Question 30

What are the water and sewer connections for 4063 NEWLAND LOOP UNIT #3, Lehi?

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 31

What is the commute like from 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

4063 NEWLAND LOOP UNIT #3, Lehi is located in Lehi, in the Wasatch Front region of Utah. With a population of approximately 68,000, Lehi offers a residential setting. 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 32

What is the Lehi community like?

Accepted Answer

Lehi is known for: tech-hub, growing, excellent-schools, family-friendly, new-development. The city has approximately 68,000 residents. The median home price in Lehi is $520,000. Explore the full Lehi community profile on Propaired for detailed neighborhood insights.

Question 33

Is Lehi a safe and family-friendly area?

Accepted Answer

Lehi is characterized as: family-friendly. With a population of about 68,000, Lehi offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 34

What would homeowner's insurance cost for 4063 NEWLAND LOOP UNIT #3, Lehi?

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 $509,900, expect approximately $1,530-$2,550/year ($128-$213/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $509,900, expect approximately $10,198-$25,495 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 36

How does the property tax compare to the list price at 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

The annual property tax of $2,291 represents an effective rate of 0.45% relative to the list price of $509,900. 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 37

What are the total estimated monthly costs for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Estimated total monthly housing cost: $2,861. This includes principal & interest ($2,475 at 6.11% with 20% down), property tax ($191/mo), HOA ($25/mo), and estimated insurance (~$170/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 4063 NEWLAND LOOP UNIT #3, Lehi eligible for FHA or VA financing?

Accepted Answer

At $509,900, 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 39

What is the estimated cap rate for 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.0%, based on estimated annual rent of $23,139 and a purchase price of $509,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 40

Is Lehi a good rental market?

Accepted Answer

Estimated monthly rent in Lehi is approximately $2,178. Homes in Lehi sell in an average of 68 days, indicating moderate demand in this market. There are 240 active listings currently. Gross rental yield in this area: 4.5%. Utah's steady population growth continues to drive rental demand.

Question 41

Could 4063 NEWLAND LOOP UNIT #3, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 4063 NEWLAND LOOP UNIT #3, Lehi 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 42

How does 4063 NEWLAND LOOP UNIT #3, Lehi compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $609,900. This listing is 16% below the comparable median. It ranks Below Similar among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 43

Is the Lehi neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.1% over the past year. The current Zillow Home Value Index for this area is $560,702. This listing is priced at 91% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 44

What is the price trend in Lehi?

Accepted Answer

Lehi's median price has increased 7.1% month-over-month. Current median: $570,000. Days on market have decreased by 34.0% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 45

Is 4063 NEWLAND LOOP UNIT #3, Lehi overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 16% below comparable homes, this property appears competitively priced. Deal score: 52/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 46

What school district is 4063 NEWLAND LOOP UNIT #3, Lehi in?

Accepted Answer

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

Question 47

What parks are near 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

The nearest local park is Park (0.2 miles away). The nearest state park is Flight Park State Recreation Area (1.5 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (143.6 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 48

Is there a golf course near 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

The nearest golf course is Thanksgiving Point Golf Course, 0.7 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 49

What water activities are near 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Water recreation near this property includes: Utah Lake (16.5 mi); boat ramp at Saratoga Springs (6.1 mi); fishing at Provo River (19.0 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 50

Is 4063 NEWLAND LOOP UNIT #3, Lehi move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 51

What updates might 4063 NEWLAND LOOP UNIT #3, Lehi need?

Accepted Answer

At 24 years old, common updates to consider include: HVAC system update. 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 52

Does 4063 NEWLAND LOOP UNIT #3, Lehi 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 53

What is the lot like at 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

The lot is 0.18 acres. Lot features: Curb & Gutter,Fenced: Full,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Full, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 4063 NEWLAND LOOP UNIT #3, Lehi?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. 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 55

Does 4063 NEWLAND LOOP UNIT #3, Lehi 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.

4063 NEWLAND LOOP UNIT #3, Lehi, UT 84043

4063 N NEWLAND LOOP UNIT #3, Lehi, UT 84043

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