Question 1

What is the asking price for 8457 LOVERIDGE, Magna?

Accepted Answer

8457 LOVERIDGE, Magna is listed at $399,500 ($299/sqft). The original list price was $399,900, representing a reduction of $400. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 8457 LOVERIDGE, Magna have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,337 square feet of living space. It is a 2-story home. The lot is 0.02 acres.

Question 3

When was 8457 LOVERIDGE, Magna built?

Accepted Answer

This property was built in 2023, making it 3 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 8457 LOVERIDGE, Magna?

Accepted Answer

8457 LOVERIDGE, Magna is a Residential (Townhouse). The architectural style is Townhouse; Row-end. It is located in the LITTLE VALLEY GATEWA subdivision. Zoning: Multi-Family.

Question 5

Does 8457 LOVERIDGE, Magna 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 8457 LOVERIDGE, Magna?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $190 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 8457 LOVERIDGE, Magna?

Accepted Answer

Annual property taxes for this property are approximately $3,323 (about $277/month). This represents an effective tax rate of approximately 0.83% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 8457 LOVERIDGE, Magna?

Accepted Answer

Interior features include: Closet: Walk-In, Disposal, Great Room, Range: Gas, Silestone Countertops. Exterior features include: Double Pane Windows.

Question 9

How long has 8457 LOVERIDGE, Magna been on the market?

Accepted Answer

This property has been listed for 131 days. The average days on market in Magna is 70 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 8457 LOVERIDGE, Magna?

Accepted Answer

Assigned schools: Elementary: Elk Run; Middle: Matheson; High: Cyprus.   School district: Granite.

Question 11

What high school is near 8457 LOVERIDGE, Magna?

Accepted Answer

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

Question 12

What elementary school is near 8457 LOVERIDGE, Magna?

Accepted Answer

The nearest elementary school is Elk Run. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 8457 LOVERIDGE, Magna?

Accepted Answer

The nearest middle school is Matheson.

Question 14

How does this listing compare to the Magna market?

Accepted Answer

8457 LOVERIDGE, Magna is listed at $399,500, which is below the Magna median of $430,000 by $30,500. There are currently 98 active listings in Magna. Homes in Magna sell in an average of 70 days. The average sale-to-list ratio is 99.2%.

Question 15

What is the Magna real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Magna is $430,000. There are currently 98 active listings. Homes sell in an average of 70 days. The average sale-to-list ratio is 99.2%. This listing at $399,500 is below the Magna 2026 median.

Question 16

Are there other homes for sale in Magna?

Accepted Answer

Yes — there are currently 98 active listings in Magna. Browse all Magna homes for sale at propaired.ai/listings/ut/magna. Prices range around a median of $430,000. Homes in Magna are selling in about 70 days on average.

Question 17

How does this price compare to the Utah state average?

Accepted Answer

At $399,500, this property is below the Utah state median of $519,000 by $119,500. Magna prices are 17% 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 18

What heating and cooling systems does 8457 LOVERIDGE, Magna 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 19

What type of roof does 8457 LOVERIDGE, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 3-year-old home, reviewing recent roof inspections is recommended.

Question 20

Does 8457 LOVERIDGE, Magna 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 21

What is 8457 LOVERIDGE, Magna constructed from?

Accepted Answer

Construction materials include: Stucco,Cement Siding. The construction type affects long-term maintenance requirements and insurance costs.

Question 22

What type of flooring does 8457 LOVERIDGE, Magna have?

Accepted Answer

Flooring types include: Carpet,Laminate,Vinyl.   Carpeted areas provide warmth and comfort, especially in bedrooms. Luxury vinyl/LVP is waterproof, durable, and increasingly popular in Utah homes.

Question 23

What are the water and sewer connections for 8457 LOVERIDGE, Magna?

Accepted Answer

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

Question 24

What would homeowner's insurance cost for 8457 LOVERIDGE, 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 $399,500, expect approximately $1,199-$1,998/year ($100-$167/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 8457 LOVERIDGE, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $399,500, expect approximately $7,990-$19,975 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 26

How does the property tax compare to the list price at 8457 LOVERIDGE, Magna?

Accepted Answer

The annual property tax of $3,323 represents an effective rate of 0.83% relative to the list price of $399,500. 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 27

Is 8457 LOVERIDGE, Magna eligible for FHA or VA financing?

Accepted Answer

At $399,500, 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 28

Could 8457 LOVERIDGE, Magna be a 1031 exchange property?

Accepted Answer

Yes, 8457 LOVERIDGE, 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 29

What is the price trend in Magna?

Accepted Answer

Magna's median price has increased 5.9% month-over-month. Current median: $430,000. Days on market have decreased by 71.2% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 30

What school district is 8457 LOVERIDGE, Magna in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Elk Run. 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 31

Is 8457 LOVERIDGE, Magna move-in ready?

Accepted Answer

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

Question 32

Does 8457 LOVERIDGE, 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 33

What is the lot like at 8457 LOVERIDGE, Magna?

Accepted Answer

The lot is 0.02 acres. Lot features: Sidewalks. Terrain: Sidewalks.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 34

What utilities are available at 8457 LOVERIDGE, Magna?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. 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 35

Does 8457 LOVERIDGE, Magna 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.

8457 LOVERIDGE, Magna, UT 84044

8457 W LOVERIDGE DR #1304, Magna, UT 84044

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