Question 1

What is the asking price for 3193 LUCKY PENNY, Magna?

Accepted Answer

3193 LUCKY PENNY, Magna is listed at $464,950 ($180/sqft). The original list price was $509,950, representing a reduction of $45,000. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 3193 LUCKY PENNY, Magna have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 2,580 square feet of living space. It is a 2-story home. The lot is 0.1 acres.

Question 3

When was 3193 LUCKY PENNY, Magna built?

Accepted Answer

This property was built in 2019, making it 7 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 3193 LUCKY PENNY, Magna?

Accepted Answer

3193 LUCKY PENNY, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MILLPOINT subdivision. Zoning: Single-Family.

Question 5

Does 3193 LUCKY PENNY, Magna have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 4 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 3193 LUCKY PENNY, Magna?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $165 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 3193 LUCKY PENNY, Magna?

Accepted Answer

Annual property taxes for this property are approximately $3,397 (about $283/month). This represents an effective tax rate of approximately 0.73% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 3193 LUCKY PENNY, Magna?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Primary, Closet: Walk-In, Disposal, Great Room. Exterior features include: Double Pane Windows, Entry (Foyer), Sliding Glass Doors, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

How long has 3193 LUCKY PENNY, Magna been on the market?

Accepted Answer

This property has been listed for 326 days. The average days on market in Magna is 69 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 3193 LUCKY PENNY, Magna?

Accepted Answer

Assigned schools: Elementary: Lake Ridge; Middle: Matheson; High: Cyprus.   School district: Granite.

Question 11

How does this listing compare to the Magna market?

Accepted Answer

3193 LUCKY PENNY, Magna is listed at $464,950, which is above the Magna median of $429,900 by $35,050. There are currently 80 active listings in Magna. Homes in Magna sell in an average of 69 days. The average sale-to-list ratio is 99.2%.

Question 12

How does this price compare to the Utah state average?

Accepted Answer

At $464,950, this property is below the Utah state median of $510,000 by $45,050. Magna prices are 16% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 13

What heating and cooling systems does 3193 LUCKY PENNY, Magna have?

Accepted Answer

Heating: Forced Air,Gas: Central,>= 95% efficiency. 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 14

What type of roof does 3193 LUCKY PENNY, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 7-year-old home, reviewing recent roof inspections is recommended.

Question 15

Does 3193 LUCKY PENNY, Magna 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 16

What is 3193 LUCKY PENNY, Magna constructed from?

Accepted Answer

Construction materials include: Asphalt,Stone,Stucco. Stone construction provides exceptional durability and a premium aesthetic.

Question 17

What type of flooring does 3193 LUCKY PENNY, Magna have?

Accepted Answer

Flooring types include: Carpet.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 18

What are the water and sewer connections for 3193 LUCKY PENNY, Magna?

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 19

What would homeowner's insurance cost for 3193 LUCKY PENNY, Magna?

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 $464,950, expect approximately $1,395-$2,325/year ($116-$194/month).   Get multiple quotes — rates vary significantly by insurer.

Question 20

What are the estimated closing costs for 3193 LUCKY PENNY, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $464,950, expect approximately $9,299-$23,248 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 21

How does the property tax compare to the list price at 3193 LUCKY PENNY, Magna?

Accepted Answer

The annual property tax of $3,397 represents an effective rate of 0.73% relative to the list price of $464,950. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 22

Is 3193 LUCKY PENNY, Magna eligible for FHA or VA financing?

Accepted Answer

At $464,950, 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 23

Could 3193 LUCKY PENNY, Magna be a 1031 exchange property?

Accepted Answer

Yes, 3193 LUCKY PENNY, Magna 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 24

What is the price trend in Magna?

Accepted Answer

Magna's median price has increased 6.0% month-over-month. Current median: $429,900. Days on market have decreased by 3.0% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 25

What school district is 3193 LUCKY PENNY, Magna in?

Accepted Answer

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

Question 26

Is 3193 LUCKY PENNY, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 27

Does 3193 LUCKY PENNY, Magna come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 28

What is the lot like at 3193 LUCKY PENNY, Magna?

Accepted Answer

The lot is 0.1 acres. Lot features: Corner Lot,Fenced: Full,Road: Paved,Secluded,Sprinkler: Auto-Full,View: Mountain. Terrain: Corner Lot, Fenced: Full, Road: Paved, Secluded Yard, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 29

What utilities are available at 3193 LUCKY PENNY, Magna?

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 30

Does 3193 LUCKY PENNY, Magna have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,>= 95% efficiency. 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.

3193 LUCKY PENNY, Magna, UT 84044

3193 S LUCKY PENNY AVE, Magna, UT 84044

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