Question 1

What is the asking price for 7 STATE, Lehi?

Accepted Answer

7 STATE, Lehi is listed at $799,000.  This listing is currently active and available for showings.

Question 2

When was 7 STATE, Lehi built?

Accepted Answer

This property was built in 1898, making it 128 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 7 STATE, Lehi?

Accepted Answer

7 STATE, Lehi is a Commercial Sale (Office).

Question 4

Is there an HOA for 7 STATE, 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 7 STATE, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $2,148 (about $179/month). This represents an effective tax rate of approximately 0.27% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 7 STATE, Lehi been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Lehi is 53 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 7

How does this listing compare to the Lehi market?

Accepted Answer

7 STATE, Lehi is listed at $799,000, which is above the Lehi median of $589,900 by $209,100. 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 8

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 $799,000 is above the Lehi 2026 median.

Question 9

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 10

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 11

How does this price compare to the Utah state average?

Accepted Answer

At $799,000, this property is above the Utah state median of $525,000 by $274,000. 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 12

What is the commute like from 7 STATE, Lehi?

Accepted Answer

7 STATE, 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 13

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 14

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 15

What would homeowner's insurance cost for 7 STATE, 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 $799,000, expect approximately $2,397-$3,995/year ($200-$333/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 16

What are the estimated closing costs for 7 STATE, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $799,000, expect approximately $15,980-$39,950 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 17

How does the property tax compare to the list price at 7 STATE, Lehi?

Accepted Answer

The annual property tax of $2,148 represents an effective rate of 0.27% relative to the list price of $799,000. 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 18

Is 7 STATE, Lehi eligible for FHA or VA financing?

Accepted Answer

At $799,000, 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 19

Could 7 STATE, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 7 STATE, 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 20

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 21

Is 7 STATE, Lehi move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

What updates might 7 STATE, Lehi need?

Accepted Answer

At 128 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 23

Does 7 STATE, 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 24

What is the lot like at 7 STATE, Lehi?

Accepted Answer

The lot is 0.73 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

7 STATE, Lehi, UT 84043

7 E STATE ST, Lehi, UT 84043

About This Property

Property Info

Financial

Parking

All Property Details

Property Info

Financial

Lot & Land

Parking

Amenities

Timeline

Lehi Market Context

Crime & Safety

Lehi compared to:

vs National Average (FBI UCR 2024)

Find Your Dream Home

Frequently Asked Questions

Discover