Question 1

What is the asking price for 207 500, Lehi?

Accepted Answer

207 500, Lehi is listed at $299,000. The original list price was $330,000, representing a reduction of $31,000. This listing is currently active and available for showings.

Question 2

What type of property is 207 500, Lehi?

Accepted Answer

207 500, Lehi is a Land (Residential).  It is located in the MENDENHALL subdivision. Zoning: Single-Family.

Question 3

Is there an HOA for 207 500, 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 4

What are the property taxes for 207 500, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $1,500 (about $125/month). This represents an effective tax rate of approximately 0.50% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 207 500, Lehi been on the market?

Accepted Answer

This property has been listed for 103 days. The average days on market in Lehi is 53 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve 207 500, Lehi?

Accepted Answer

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

Question 7

What high school is near 207 500, Lehi?

Accepted Answer

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

Question 8

What elementary school is near 207 500, Lehi?

Accepted Answer

The nearest elementary school is Meadow. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 207 500, Lehi?

Accepted Answer

The nearest middle school is Lehi.

Question 10

How does this listing compare to the Lehi market?

Accepted Answer

207 500, Lehi is listed at $299,000, which is below the Lehi median of $589,900 by $290,900. 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 $299,000 is below 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 $299,000, this property is below the Utah state median of $525,000 by $226,000. 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 207 500, Lehi?

Accepted Answer

207 500, 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 207 500, 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 $299,000, expect approximately $897-$1,495/year ($75-$125/month).   Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 207 500, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $299,000, expect approximately $5,980-$14,950 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 207 500, Lehi?

Accepted Answer

The annual property tax of $1,500 represents an effective rate of 0.50% relative to the list price of $299,000. 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 207 500, Lehi eligible for FHA or VA financing?

Accepted Answer

At $299,000, 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 22

Could 207 500, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 207 500, 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

What school district is 207 500, Lehi in?

Accepted Answer

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

Question 25

Is 207 500, Lehi move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

Does 207 500, 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 27

What is the lot like at 207 500, Lehi?

Accepted Answer

The lot is 0.27 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 28

What utilities are available at 207 500, Lehi?

Accepted Answer

Available utilities include: Gas: Stubbed,Power: Stubbed,Sewer: Stubbed.   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.

207 500, Lehi, UT 84043

207 W 500 S, Lehi, UT 84043

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