Question 1

What is the asking price for 153 2040, Lehi?

Accepted Answer

153 2040, Lehi is listed at $985,000 ($239/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 153 2040, Lehi have?

Accepted Answer

This Residential features 7 bedrooms, 5 bathrooms, 4,128 square feet of living space. It is a 2-story home. The lot is 0.33 acres.

Question 3

When was 153 2040, Lehi built?

Accepted Answer

This property was built in 2003, making it 23 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 153 2040, Lehi?

Accepted Answer

153 2040, Lehi is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the OLIVE GROVE subdivision. Zoning: Single-Family.

Question 5

Does 153 2040, Lehi have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 4 open parking spaces. Total parking capacity: 7 vehicles. The property also accommodates RV parking.

Question 6

Is there an HOA for 153 2040, 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 153 2040, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $4,047 (about $337/month). This represents an effective tax rate of approximately 0.41% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 153 2040, Lehi?

Accepted Answer

Interior features include: Basement Apartment, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office. Exterior features include: Basement Entrance, Bay Box Windows, Deck; Covered, Double Pane Windows, Entry (Foyer). The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 153 2040, Lehi a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 45/100. Key deal signals: 3.9% year-over-year market appreciation; 102% LT gross rent coverage of monthly ownership cost. The price is 36% above 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 $721,998 (based on 10 homes). At $985,000, this listing is 36% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

What would the monthly mortgage payment be for 153 2040, Lehi?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $4,908. Including estimated taxes, the total monthly cost is approximately $5,245. A 15-year mortgage at 5.71% would be $6,527/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 153 2040, Lehi been on the market?

Accepted Answer

This property has been listed for 2 days. The average days on market in Lehi is 63 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 153 2040, Lehi a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $80,591 with a gross rental yield of 8.2%. Net rental yield (after estimated expenses): 5.3%.  Estimated debt service coverage ratio (DSCR): 1.20. Investor score: 52/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 153 2040, Lehi?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $6,716 ($80,592/year). The gross rent multiplier is 12.2x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 153 2040, Lehi offer?

Accepted Answer

Propaired's AI has identified 9 lifestyle features for this property: ADU/Multigenerational, Golf Community, RV-Friendly, Green/Sustainable, Scenic Views, Hot Tub/Spa, Privacy/Seclusion, Investor Special, New Construction. The primary lifestyle niche is "golf_community." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 153 2040, Lehi new construction?

Accepted Answer

Yes, this is a new construction property built in 2003. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 17

What recreation is near 153 2040, Lehi?

Accepted Answer

This property has a recreation score of 72/100. Nearby recreation includes: Bull River trailhead (1.7 mi); Dry Creek Trail Park park (0.3 mi); Thanksgiving Point Golf Club (2.8 mi); Flight Park State Recreation Area (4.1 mi). Skiing: Sundance Resort (14.1 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 153 2040, Lehi?

Accepted Answer

Yes, the nearest trailhead is Bull River, just 1.7 miles from the property. Flight Park State Recreation Area is 4.1 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 153 2040, Lehi?

Accepted Answer

This property has an amenity proximity score of 94/100. Nearby services include: Grocery: Plaza Latina (0.6 mi); Hospital: DaVita Traverse Point Dialysis (1.0 mi); Pharmacy: Cecil's Pharmacy (1.7 mi); Dining: Quench It! Soda (1.2 mi). Gas station: 0.4 miles. Gym: DTA Tumbling (0.4 mi).

Question 20

How far is the nearest hospital from 153 2040, Lehi?

Accepted Answer

The nearest hospital is DaVita Traverse Point Dialysis, approximately 1.0 miles from the property. The nearest fire station is 0.8 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 21

What schools serve 153 2040, Lehi?

Accepted Answer

Assigned schools: Elementary: Eaglecrest; Middle: Lehi; High: Skyridge. There are 7 schools within 3 miles of this property. The highest-rated nearby school is Skyridge High School with a 62% state performance score (1.0 miles away). School district: Alpine.

Question 22

What high school is near 153 2040, Lehi?

Accepted Answer

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

Question 23

What elementary school is near 153 2040, Lehi?

Accepted Answer

The nearest elementary school is Eaglecrest (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 24

What middle school is near 153 2040, Lehi?

Accepted Answer

The nearest middle school is Lehi.

Question 25

How good are the schools near 153 2040, Lehi?

Accepted Answer

Of the 7 schools within 3 miles, 7 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 26

What is the internet speed at 153 2040, Lehi?

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: CenturyLink (140 Mbps, DSL); HughesNet (100 Mbps, Satellite); Lehi Fiber Network (10000 Mbps, Fiber). Total providers: 12.

Question 27

Is 153 2040, Lehi 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 28

How does this listing compare to the Lehi market?

Accepted Answer

153 2040, Lehi is listed at $985,000, which is above the Lehi median of $575,000 by $410,000. There are currently 314 active listings in Lehi. Homes in Lehi sell in an average of 63 days. The average sale-to-list ratio is 98.8%.

Question 29

What is the Lehi real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Lehi is $575,000. There are currently 314 active listings. Homes sell in an average of 63 days. The average sale-to-list ratio is 98.8%. This listing at $985,000 is above the Lehi 2026 median.

Question 30

Are there other homes for sale in Lehi?

Accepted Answer

Yes — there are currently 314 active listings in Lehi. Browse all Lehi homes for sale at propaired.ai/listings/ut/lehi. Prices range around a median of $575,000. Homes in Lehi are selling in about 63 days on average.

Question 31

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 32

How does this price compare to the Utah state average?

Accepted Answer

At $985,000, this property is above the Utah state median of $518,888 by $466,112. Lehi prices are 11% 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 33

What is the Propaired intelligence score for 153 2040, Lehi?

Accepted Answer

This property has a Propaired intelligence score of 61/100, combining deal value (45), recreation access (72), amenity proximity (94), broadband quality (100), and lifestyle features (9 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 34

Does 153 2040, Lehi have energy-efficient or green features?

Accepted Answer

This property has been tagged as green/sustainable, indicating energy-efficient features. Heating: Forced Air,Active Solar. Cooling: Central Air,Active Solar. Green homes may include solar panels, Energy Star appliances, high-efficiency HVAC, insulated windows, and sustainable building materials. Ask the listing agent for specific energy certifications or efficiency ratings.

Question 35

What heating and cooling systems does 153 2040, Lehi have?

Accepted Answer

Heating: Forced Air,Active Solar. Cooling: Central Air,Active Solar. 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 36

What type of roof does 153 2040, Lehi have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 23-year-old home, reviewing recent roof inspections is recommended.

Question 37

Does 153 2040, Lehi have a basement?

Accepted Answer

Yes, the basement is described as: Full,Walk-Out Access. 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 153 2040, Lehi constructed from?

Accepted Answer

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

Question 39

What type of flooring does 153 2040, Lehi have?

Accepted Answer

Flooring types include: Carpet,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 153 2040, Lehi?

Accepted Answer

Water source: Culinary,Irrigation: Pressure. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 41

What is the commute like from 153 2040, Lehi?

Accepted Answer

153 2040, 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 42

What shopping and dining is near 153 2040, Lehi?

Accepted Answer

The nearest restaurant is Quench It! Soda (1.2 miles away) and the nearest grocery store is Plaza Latina (0.6 miles). Coffee: Starbucks Coffee Company (0.8 mi). Banking: Rocket Financial Services (1.3 mi). Overall amenity proximity score: 94/100.

Question 43

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 44

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 45

What would homeowner's insurance cost for 153 2040, 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 $985,000, expect approximately $2,955-$4,925/year ($246-$410/month).   Get multiple quotes — rates vary significantly by insurer.

Question 46

What are the estimated closing costs for 153 2040, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $985,000, expect approximately $19,700-$49,250 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 153 2040, Lehi?

Accepted Answer

The annual property tax of $4,047 represents an effective rate of 0.41% relative to the list price of $985,000. 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 48

What are the total estimated monthly costs for 153 2040, Lehi?

Accepted Answer

Estimated total monthly housing cost: $5,573. This includes principal & interest ($4,908 at 6.36% with 20% down), property tax ($337/mo), and estimated insurance (~$328/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 49

Is 153 2040, Lehi eligible for FHA or VA financing?

Accepted Answer

At $985,000, 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 50

What is the estimated cap rate for 153 2040, Lehi?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 5.3%, based on estimated annual rent of $80,591 and a purchase price of $985,000. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 51

Is Lehi a good rental market?

Accepted Answer

Estimated monthly rent in Lehi is approximately $5,201. Homes in Lehi sell in an average of 63 days, indicating moderate demand in this market. There are 314 active listings currently. Gross rental yield in this area: 8.2%. Utah's steady population growth continues to drive rental demand.

Question 52

Could 153 2040, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 153 2040, 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 53

How does 153 2040, Lehi compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $721,998. This listing is 36% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $719,995. Comparable analysis is based on similar size, age, and location.

Question 54

Is the Lehi neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 3.9% over the past year. The current Zillow Home Value Index for this area is $578,407. This listing is priced at 170% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 55

What is the price trend in Lehi?

Accepted Answer

Lehi's median price has increased 13.9% month-over-month. Current median: $575,000. Days on market have decreased by 23.0% month-over-month. Homes are selling at 98.8% of list price on average. Monitor these trends to time your offer strategically.

Question 56

Is 153 2040, Lehi overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 36% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 45/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 57

What school district is 153 2040, Lehi in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Eaglecrest. 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 58

How do nearby schools rank statewide?

Accepted Answer

Of the 7 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 59

What parks are near 153 2040, Lehi?

Accepted Answer

The nearest local park is Dry Creek Trail Park (0.3 miles away). The nearest state park is Flight Park State Recreation Area (4.1 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 153 2040, Lehi?

Accepted Answer

The nearest golf course is Thanksgiving Point Golf Club, 2.8 miles from the property. This property is located within a golf community, which may include membership benefits and golf course views. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 61

What water activities are near 153 2040, Lehi?

Accepted Answer

Water recreation near this property includes: Utah Lake (13.7 mi); boat ramp at Saratoga Springs (4.9 mi); fishing at Provo River (15.7 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 153 2040, Lehi move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 63

What updates might 153 2040, Lehi need?

Accepted Answer

At 23 years old, common updates to consider include: HVAC system update. Current roof: Asphalt. Current heating: Forced Air,Active Solar. 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 153 2040, 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.

153 2040, Lehi, UT 84043

153 W 2040 N, Lehi, UT 84043

About This Property

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