Question 1

What is the asking price for 59 500, Lehi?

Accepted Answer

59 500, Lehi is listed at $1,400,000.  This listing is currently active and available for showings.

Question 2

When was 59 500, Lehi built?

Accepted Answer

This property was built in 1891, making it 135 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 59 500, Lehi?

Accepted Answer

59 500, Lehi is a Commercial Sale Commercial Lease (Industrial).

Question 4

Is there an HOA for 59 500, Lehi?

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 59 500, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $1,848 (about $154/month). This represents an effective tax rate of approximately 0.13% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 59 500, Lehi been on the market?

Accepted Answer

This property has been listed for 41 days. The average days on market in Lehi is 53 days, meaning this listing is moving faster than the local average.

Question 7

What schools serve 59 500, Lehi?

Accepted Answer

There are 6 schools within 3 miles of this property. The highest-rated nearby school is Skyridge High School with a 62% state performance score (2.7 miles away).

Question 8

What elementary school is near 59 500, Lehi?

Accepted Answer

The nearest elementary school is Sego Lily School (1.1 miles away). State performance score: 55%. District: Alpine District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

How good are the schools near 59 500, Lehi?

Accepted Answer

Of the 6 schools within 3 miles, 6 have state performance data with an average score of 57%.  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 10

How does this listing compare to the Lehi market?

Accepted Answer

59 500, Lehi is listed at $1,400,000, which is above the Lehi median of $589,900 by $810,100. There are currently 346 active listings in Lehi. Homes in Lehi sell in an average of 53 days. The average sale-to-list ratio is 99.4%.

Question 11

What is the Lehi real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Lehi is $589,900. There are currently 346 active listings. Homes sell in an average of 53 days. The average sale-to-list ratio is 99.4%. This listing at $1,400,000 is above the Lehi 2026 median.

Question 12

Are there other homes for sale in Lehi?

Accepted Answer

Yes — there are currently 346 active listings in Lehi. Browse all Lehi homes for sale at propaired.ai/listings/ut/lehi. Prices range around a median of $589,900. Homes in Lehi are selling in about 53 days on average.

Question 13

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 14

How does this price compare to the Utah state average?

Accepted Answer

At $1,400,000, this property is above the Utah state median of $525,000 by $875,000. 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 15

What is the commute like from 59 500, Lehi?

Accepted Answer

59 500, 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 16

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 17

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 18

What would homeowner's insurance cost for 59 500, 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 $1,400,000, expect approximately $4,200-$7,000/year ($350-$583/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 59 500, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,400,000, expect approximately $28,000-$70,000 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 20

How does the property tax compare to the list price at 59 500, Lehi?

Accepted Answer

The annual property tax of $1,848 represents an effective rate of 0.13% relative to the list price of $1,400,000. 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 21

Is 59 500, Lehi eligible for FHA or VA financing?

Accepted Answer

At $1,400,000, 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 22

Could 59 500, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 59 500, 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 23

What is the price trend in Lehi?

Accepted Answer

Lehi's median price has decreased 0.9% month-over-month. Current median: $589,900. Days on market have increased by 4.6% month-over-month. Homes are selling at 99.4% of list price on average. Monitor these trends to time your offer strategically.

Question 24

How do nearby schools rank statewide?

Accepted Answer

Of the 6 nearby schools with state rankings, the highest-ranked is Willowcreek Middle at #156 statewide (54% performance score). Other ranked nearby schools include Lehi Jr High (#192) and Freedom School (#223). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 25

Is 59 500, Lehi move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

What updates might 59 500, Lehi need?

Accepted Answer

At 135 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 27

Does 59 500, 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 28

What is the lot like at 59 500, Lehi?

Accepted Answer

The lot is 0.65 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

59 500, Lehi, UT 84043

59 N 500 W, Lehi, UT 84043

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