Question 1

What is the asking price for 490 LAKEVIEW, Lehi?

Accepted Answer

490 LAKEVIEW, Lehi is listed at $575,000 ($276/sqft). The original list price was $585,000, representing a reduction of $10,000. Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 490 LAKEVIEW, Lehi have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 2,081 square feet of living space. It is a 2-story home. The lot is 0.15 acres.

Question 3

When was 490 LAKEVIEW, Lehi built?

Accepted Answer

This property was built in 2006, making it 20 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 490 LAKEVIEW, Lehi?

Accepted Answer

490 LAKEVIEW, Lehi is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the NORTH LAKE subdivision. Zoning: Single-Family.

Question 5

Does 490 LAKEVIEW, Lehi have a garage or parking?

Accepted Answer

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

Question 6

Is there an HOA for 490 LAKEVIEW, 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 7

What are the property taxes for 490 LAKEVIEW, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $2,274 (about $190/month). This represents an effective tax rate of approximately 0.40% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 490 LAKEVIEW, Lehi?

Accepted Answer

Interior features include: Closet: Walk-In, Disposal, Kitchen: Updated, Oven: Double, Oven: Gas. Exterior features include: Bay Box Windows, Double Pane Windows, Lighting, Sliding Glass Doors, Patio: Open.    View: Lake.

Question 9

Is 490 LAKEVIEW, Lehi a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 58/100. Key deal signals: Priced 36% below similar homes; Priced 18% below market median (per-type). The price is 36% 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 $892,445 (based on 10 homes). At $575,000, this listing is 36% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

Has the price been reduced on 490 LAKEVIEW, Lehi?

Accepted Answer

Yes, the price has been reduced by 1.7% from the original list price of $585,000 to the current price of $575,000 — a reduction of $10,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 490 LAKEVIEW, Lehi?

Accepted Answer

At the current 30-year mortgage rate of 6.22% with 20% down, the estimated monthly principal and interest payment is $2,823. Including estimated taxes, the total monthly cost is approximately $3,013. A 15-year mortgage at 5.54% would be $3,768/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 490 LAKEVIEW, Lehi been on the market?

Accepted Answer

This property has been listed for 14 days. The average days on market in Lehi is 68 days, meaning this listing is moving faster than the local average.

Question 14

Is 490 LAKEVIEW, Lehi a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $20,586 with a gross rental yield of 3.6%. Net rental yield (after estimated expenses): 2.3%.  Estimated debt service coverage ratio (DSCR): 0.46. Investor score: 44/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 490 LAKEVIEW, Lehi?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,715 ($20,580/year). The gross rent multiplier is 27.9x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What recreation is near 490 LAKEVIEW, Lehi?

Accepted Answer

This property has a recreation score of 66/100. Nearby recreation includes: Bull River trailhead (0.8 mi); Toscana Hills Park park (0.5 mi); Thanksgiving Point Golf Course (2.1 mi); Flight Park State Recreation Area (2.0 mi); Capitol Reef NP — Cathedral Valley (143.6 mi). Skiing: Snowbird Ski and Summer Resort (13.1 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 17

Are there hiking trails near 490 LAKEVIEW, Lehi?

Accepted Answer

Yes, the nearest trailhead is Bull River, just 0.8 miles from the property. Flight Park State Recreation Area is 2.0 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 18

What amenities and services are near 490 LAKEVIEW, Lehi?

Accepted Answer

This property has an amenity proximity score of 77/100. Nearby services include: Grocery: Plaza Latina (1.8 mi); Hospital: Rocky Mountain Multiple Sclerosis Clinic Lehi (0.9 mi); Pharmacy: Traverse Mountain Pet Care (2.2 mi); Dining: Quench It! Soda (3.5 mi). Gas station: 1.9 miles. Gym: Boom Fitness Culture (2.4 mi).

Question 19

How far is the nearest hospital from 490 LAKEVIEW, Lehi?

Accepted Answer

The nearest hospital is Rocky Mountain Multiple Sclerosis Clinic Lehi, approximately 0.9 miles from the property. The nearest fire station is 1.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 20

What schools serve 490 LAKEVIEW, Lehi?

Accepted Answer

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

Question 21

How does this listing compare to the Lehi market?

Accepted Answer

490 LAKEVIEW, Lehi is listed at $575,000, which is above the Lehi median of $570,000 by $5,000. 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 $575,000, this property is above the Utah state median of $510,000 by $65,000. 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 24

What is the Propaired intelligence score for 490 LAKEVIEW, Lehi?

Accepted Answer

This property has a Propaired intelligence score of 42/100, combining deal value (58), recreation access (66), amenity proximity (77), broadband quality (N/A), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 25

What heating and cooling systems does 490 LAKEVIEW, 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 490 LAKEVIEW, Lehi have?

Accepted Answer

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

Question 27

Does 490 LAKEVIEW, Lehi 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 28

What is 490 LAKEVIEW, 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 490 LAKEVIEW, Lehi have?

Accepted Answer

Flooring types include: Linoleum,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 30

What are the water and sewer connections for 490 LAKEVIEW, 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 490 LAKEVIEW, Lehi?

Accepted Answer

490 LAKEVIEW, 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 shopping and dining is near 490 LAKEVIEW, Lehi?

Accepted Answer

The nearest restaurant is Quench It! Soda (3.5 miles away) and the nearest grocery store is Plaza Latina (1.8 miles).   Overall amenity proximity score: 77/100.

Question 33

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 34

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 35

What would homeowner's insurance cost for 490 LAKEVIEW, 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 $575,000, expect approximately $1,725-$2,875/year ($144-$240/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 490 LAKEVIEW, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $575,000, expect approximately $11,500-$28,750 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 37

How does the property tax compare to the list price at 490 LAKEVIEW, Lehi?

Accepted Answer

The annual property tax of $2,274 represents an effective rate of 0.40% relative to the list price of $575,000. 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 38

What are the total estimated monthly costs for 490 LAKEVIEW, Lehi?

Accepted Answer

Estimated total monthly housing cost: $3,205. This includes principal & interest ($2,823 at 6.22% with 20% down), property tax ($190/mo), and estimated insurance (~$192/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 490 LAKEVIEW, Lehi eligible for FHA or VA financing?

Accepted Answer

At $575,000, 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 40

What is the estimated cap rate for 490 LAKEVIEW, Lehi?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.3%, based on estimated annual rent of $20,586 and a purchase price of $575,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 41

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: 3.6%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 490 LAKEVIEW, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 490 LAKEVIEW, 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 43

How does 490 LAKEVIEW, Lehi compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $892,445. This listing is 36% below the comparable median. It ranks Deep Discount among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 44

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 102% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

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 46

Is 490 LAKEVIEW, Lehi overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 36% below comparable homes, this property appears competitively priced. Deal score: 58/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 490 LAKEVIEW, Lehi in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Dry Creek. 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 48

What parks are near 490 LAKEVIEW, Lehi?

Accepted Answer

The nearest local park is Toscana Hills Park (0.5 miles away). The nearest state park is Flight Park State Recreation Area (2.0 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 49

Is there a golf course near 490 LAKEVIEW, Lehi?

Accepted Answer

The nearest golf course is Thanksgiving Point Golf Course, 2.1 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 50

What water activities are near 490 LAKEVIEW, Lehi?

Accepted Answer

Water recreation near this property includes: Utah Lake (16.1 mi); boat ramp at Saratoga Springs (6.7 mi); fishing at Provo River (17.4 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 51

Is 490 LAKEVIEW, Lehi move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 52

Does 490 LAKEVIEW, 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 490 LAKEVIEW, Lehi?

Accepted Answer

The lot is 0.15 acres. Lot features: Corner Lot,Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Lake. Terrain: Corner Lot, Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake. Views: Lake.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 490 LAKEVIEW, 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 490 LAKEVIEW, 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.

490 LAKEVIEW, Lehi, UT 84043

490 W LAKEVIEW DR, Lehi, UT 84043

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