Question 1

What is the asking price for 114 3240, Lehi?

Accepted Answer

114 3240, Lehi is listed at $472,000 ($216/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 114 3240, Lehi have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 2,181 square feet of living space. It is a 3-story home. The lot is 0.04 acres.

Question 3

When was 114 3240, Lehi built?

Accepted Answer

This property was built in 2008, making it 18 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 114 3240, Lehi?

Accepted Answer

114 3240, Lehi is a Residential (Townhouse). The architectural style is Townhouse; Row-mid. It is located in the THE WALK - IVORY RIDGE subdivision. Zoning: Single-Family.

Question 5

Does 114 3240, 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 114 3240, Lehi?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $216 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 114 3240, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $2,005 (about $167/month). This represents an effective tax rate of approximately 0.42% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 114 3240, Lehi?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Kitchen: Updated. Exterior features include: Porch: Open, Patio: Open.

Question 9

Is 114 3240, Lehi a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 65/100. Key deal signals: Priced 8% below similar homes; 4.7% year-over-year market appreciation. The price is 8% 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 $516,000 (based on 10 homes). At $472,000, this listing is 8% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

What would the monthly mortgage payment be for 114 3240, Lehi?

Accepted Answer

At the current 30-year mortgage rate of 6.43% with 20% down, the estimated monthly principal and interest payment is $2,369. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,752. A 15-year mortgage at 5.79% would be $3,144/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 114 3240, Lehi been on the market?

Accepted Answer

This property has been listed for 13 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 13

Is 114 3240, Lehi a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $24,209 with a gross rental yield of 5.1%. Net rental yield (after estimated expenses): 3.3%.  Estimated debt service coverage ratio (DSCR): 0.75. Investor score: 55/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 114 3240, Lehi?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,017 ($24,204/year). The gross rent multiplier is 19.5x (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 114 3240, Lehi offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: Pool, Cabin/Mountain, Sport Court, New Construction. The primary lifestyle niche is "cabin_mountain." These tags are derived from MLS data, property features, and location analysis.

Question 16

Does 114 3240, Lehi have a pool?

Accepted Answer

Yes, this property includes a private pool.  Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 17

Is 114 3240, Lehi new construction?

Accepted Answer

Yes, this is a new construction property built in 2008. 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 18

What recreation is near 114 3240, Lehi?

Accepted Answer

This property has a recreation score of 69/100. Nearby recreation includes: Bull River trailhead (1.2 mi); Park park (0.3 mi); Thanksgiving Point Golf Course (2.8 mi); Flight Park State Recreation Area (3.4 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 19

Are there hiking trails near 114 3240, Lehi?

Accepted Answer

Yes, the nearest trailhead is Bull River, just 1.2 miles from the property. Flight Park State Recreation Area is 3.4 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 114 3240, Lehi?

Accepted Answer

This property has an amenity proximity score of 88/100. Nearby services include: Grocery: Plaza Latina (0.9 mi); Hospital: Zenith Family Health (0.2 mi); Pharmacy: Traverse Mountain Pet Care (1.0 mi); Dining: Quench It! Soda (2.3 mi). Gas station: 1.3 miles. Gym: Lone Peak Fitness (1.2 mi).

Question 21

How far is the nearest hospital from 114 3240, Lehi?

Accepted Answer

The nearest hospital is Zenith Family Health, approximately 0.2 miles from the property. The nearest fire station is 0.5 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 114 3240, Lehi?

Accepted Answer

Assigned schools: Elementary: Eaglecrest; Middle: Viewpoint Middle School; High: Skyridge. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Skyridge High School with a 62% state performance score (0.3 miles away). School district: Alpine.

Question 23

What high school is near 114 3240, 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 24

What elementary school is near 114 3240, Lehi?

Accepted Answer

The nearest elementary school is Eaglecrest (1.1 miles away). State performance score: 61%. District: Alpine District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 25

What middle school is near 114 3240, Lehi?

Accepted Answer

The nearest middle school is Viewpoint Middle School.

Question 26

How good are the schools near 114 3240, Lehi?

Accepted Answer

Of the 5 schools within 3 miles, 5 have state performance data with an average score of 58%.  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 27

What is the internet speed at 114 3240, 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: AT&T (100 Mbps, Fixed Wireless); CenturyLink (940 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 15.

Question 28

Is 114 3240, 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 29

How does this listing compare to the Lehi market?

Accepted Answer

114 3240, Lehi is listed at $472,000, which is below the Lehi median of $585,000 by $113,000. There are currently 338 active listings in Lehi. Homes in Lehi sell in an average of 53 days. The average sale-to-list ratio is 99.5%.

Question 30

What is the Lehi real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Lehi is $585,000. There are currently 338 active listings. Homes sell in an average of 53 days. The average sale-to-list ratio is 99.5%. This listing at $472,000 is below the Lehi 2026 median.

Question 31

Are there other homes for sale in Lehi?

Accepted Answer

Yes — there are currently 338 active listings in Lehi. Browse all Lehi homes for sale at propaired.ai/listings/ut/lehi. Prices range around a median of $585,000. Homes in Lehi are selling in about 53 days on average.

Question 32

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 33

How does this price compare to the Utah state average?

Accepted Answer

At $472,000, this property is below the Utah state median of $525,000 by $53,000. 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 34

What is the Propaired intelligence score for 114 3240, Lehi?

Accepted Answer

This property has a Propaired intelligence score of 66/100, combining deal value (65), recreation access (69), amenity proximity (88), broadband quality (100), and lifestyle features (4 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 35

What heating and cooling systems does 114 3240, Lehi have?

Accepted Answer

Heating: 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 36

What type of roof does 114 3240, Lehi have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 18-year-old home, reviewing recent roof inspections is recommended.

Question 37

Does 114 3240, Lehi have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 114 3240, Lehi constructed from?

Accepted Answer

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

Question 39

What type of flooring does 114 3240, Lehi have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. 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 114 3240, Lehi?

Accepted Answer

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

Question 41

What is the commute like from 114 3240, Lehi?

Accepted Answer

114 3240, 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 114 3240, Lehi?

Accepted Answer

The nearest restaurant is Quench It! Soda (2.3 miles away) and the nearest grocery store is Plaza Latina (0.9 miles). Coffee: Zen Benny's Play Café (0.9 mi). Banking: America First Credit Union (1.1 mi). Overall amenity proximity score: 88/100.

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 114 3240, 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 $472,000, expect approximately $1,416-$2,360/year ($118-$197/month).   Get multiple quotes — rates vary significantly by insurer.

Question 46

What are the estimated closing costs for 114 3240, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $472,000, expect approximately $9,440-$23,600 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 114 3240, Lehi?

Accepted Answer

The annual property tax of $2,005 represents an effective rate of 0.42% relative to the list price of $472,000. 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 114 3240, Lehi?

Accepted Answer

Estimated total monthly housing cost: $2,909. This includes principal & interest ($2,369 at 6.43% with 20% down), property tax ($167/mo), HOA ($216/mo), and estimated insurance (~$157/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 49

Is 114 3240, Lehi eligible for FHA or VA financing?

Accepted Answer

At $472,000, 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 50

What is the estimated cap rate for 114 3240, Lehi?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.3%, based on estimated annual rent of $24,209 and a purchase price of $472,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 51

Is Lehi a good rental market?

Accepted Answer

Estimated monthly rent in Lehi is approximately $2,072. Homes in Lehi sell in an average of 53 days, indicating healthy demand in this market. There are 338 active listings currently. Gross rental yield in this area: 5.1%. Utah's steady population growth continues to drive rental demand.

Question 52

Could 114 3240, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 114 3240, 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 114 3240, Lehi compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $516,000. This listing is 8% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $472,000. 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 4.7% over the past year. The current Zillow Home Value Index for this area is $301,148. This listing is priced at 157% 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 decreased 0.8% month-over-month. Current median: $585,000. Days on market have decreased by 6.1% month-over-month. Homes are selling at 99.5% of list price on average. Monitor these trends to time your offer strategically.

Question 56

Is 114 3240, Lehi overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 8% below comparable homes, this property appears competitively priced. Deal score: 65/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 57

What school district is 114 3240, Lehi in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Eaglecrest. Assigned middle: Viewpoint Middle School. 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 5 nearby schools with state rankings, the highest-ranked is Lehi Jr High at #192 statewide (54% performance score). Other ranked nearby schools include Freedom School (#223) and Fox Hollow School (#262). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 59

What parks are near 114 3240, Lehi?

Accepted Answer

The nearest local park is Park (0.3 miles away). The nearest state park is Flight Park State Recreation Area (3.4 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 114 3240, Lehi?

Accepted Answer

The nearest golf course is Thanksgiving Point Golf Course, 2.8 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 61

What water activities are near 114 3240, Lehi?

Accepted Answer

Water recreation near this property includes: Utah Lake (14.8 mi); boat ramp at Saratoga Springs (6.1 mi); fishing at Provo River (16.0 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 114 3240, 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

Does 114 3240, 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 64

What is the lot like at 114 3240, Lehi?

Accepted Answer

The lot is 0.04 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks. Terrain: Curb & Gutter, Road: Paved, Sidewalks.   Lot characteristics affect usability, privacy, and future improvement potential.

114 3240, Lehi, UT 84043

114 W 3240 N, Lehi, UT 84043

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