Question 1

What is the asking price for 2758 SPENCER, Magna?

Accepted Answer

2758 SPENCER, Magna is listed at $335,000 ($294/sqft).  Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 2758 SPENCER, Magna have?

Accepted Answer

This Residential features 2 bedrooms, 1 bathroom, 1,140 square feet of living space. It is a 1-story home. The lot is 0.19 acres.

Question 3

When was 2758 SPENCER, Magna built?

Accepted Answer

This property was built in 1916, making it 110 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 2758 SPENCER, Magna?

Accepted Answer

2758 SPENCER, Magna is a Residential (Single Family Residence). The architectural style is Bungalow/Cottage.  Zoning: Single-Family.

Question 5

Does 2758 SPENCER, Magna have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 3 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 2758 SPENCER, Magna?

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 2758 SPENCER, Magna?

Accepted Answer

Annual property taxes for this property are approximately $1,903 (about $159/month). This represents an effective tax rate of approximately 0.57% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 2758 SPENCER, Magna?

Accepted Answer

Interior features include: Disposal, Range: Gas. Exterior features include: Deck; Covered, Patio: Open.

Question 9

Is 2758 SPENCER, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 4/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 2758 SPENCER, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $1,626. Including estimated taxes, the total monthly cost is approximately $1,785. A 15-year mortgage at 5.50% would be $2,190/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 2758 SPENCER, Magna been on the market?

Accepted Answer

This property has been listed for 109 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 12

Is 2758 SPENCER, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $10,824 with a gross rental yield of 3.2%. Net rental yield (after estimated expenses): 2.1%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 35/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 2758 SPENCER, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $902 ($10,824/year). The gross rent multiplier is 31.0x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

What lifestyle features does 2758 SPENCER, Magna offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Workshop/Maker Space. The primary lifestyle niche is "workshop_maker." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 2758 SPENCER, Magna near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 24.7 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 16

What recreation is near 2758 SPENCER, Magna?

Accepted Answer

This property has a recreation score of 80/100. Nearby recreation includes: James Madison trailhead (9.4 mi); Comunity Center park (0.4 mi); Copper Club Golf Course (0.4 mi); Great Salt Lake State Park (6.0 mi); Capitol Reef NP — Cathedral Valley (164.3 mi). Skiing: Snowbird Ski and Summer Resort (24.7 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 17

What schools serve 2758 SPENCER, Magna?

Accepted Answer

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

Question 18

How does this listing compare to the Magna market?

Accepted Answer

2758 SPENCER, Magna is listed at $335,000, which is below the Magna median of $429,900 by $94,900. 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 19

How does this price compare to the Utah state average?

Accepted Answer

At $335,000, this property is below the Utah state median of $510,000 by $175,000. 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 20

What is the Propaired intelligence score for 2758 SPENCER, Magna?

Accepted Answer

This property has a Propaired intelligence score of 28/100, combining deal value (4), recreation access (80), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 21

What heating and cooling systems does 2758 SPENCER, Magna have?

Accepted Answer

Heating: Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 22

What type of roof does 2758 SPENCER, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 110-year-old home, reviewing recent roof inspections is recommended.

Question 23

Does 2758 SPENCER, Magna have a basement?

Accepted Answer

Yes, the basement is described as: Slab. 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 24

What type of flooring does 2758 SPENCER, Magna 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 25

What are the water and sewer connections for 2758 SPENCER, 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 26

What would homeowner's insurance cost for 2758 SPENCER, 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 $335,000, expect approximately $1,005-$1,675/year ($84-$140/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 27

What are the estimated closing costs for 2758 SPENCER, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $335,000, expect approximately $6,700-$16,750 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 28

How does the property tax compare to the list price at 2758 SPENCER, Magna?

Accepted Answer

The annual property tax of $1,903 represents an effective rate of 0.57% relative to the list price of $335,000. 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 29

What are the total estimated monthly costs for 2758 SPENCER, Magna?

Accepted Answer

Estimated total monthly housing cost: $1,897. This includes principal & interest ($1,626 at 6.11% with 20% down), property tax ($159/mo), and estimated insurance (~$112/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 30

Is 2758 SPENCER, Magna eligible for FHA or VA financing?

Accepted Answer

At $335,000, 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 31

What is the estimated cap rate for 2758 SPENCER, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.1%, based on estimated annual rent of $10,824 and a purchase price of $335,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 32

Is Magna a good rental market?

Accepted Answer

Estimated monthly rent in Magna is approximately $1,596. Homes in Magna sell in an average of 69 days, indicating moderate demand in this market. There are 80 active listings currently. Gross rental yield in this area: 3.2%. Utah's steady population growth continues to drive rental demand.

Question 33

Could 2758 SPENCER, Magna be a 1031 exchange property?

Accepted Answer

Yes, 2758 SPENCER, 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 34

Is the Magna neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.8% over the past year. The current Zillow Home Value Index for this area is $439,831. This listing is priced at 76% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 35

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 36

What school district is 2758 SPENCER, Magna in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Magna. 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 37

What parks are near 2758 SPENCER, Magna?

Accepted Answer

The nearest local park is Comunity Center (0.4 miles away). The nearest state park is Great Salt Lake State Park (6.0 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (164.3 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 38

Is there a golf course near 2758 SPENCER, Magna?

Accepted Answer

The nearest golf course is Copper Club Golf Course, 0.4 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 39

What water activities are near 2758 SPENCER, Magna?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (36.5 mi); boat ramp at Great Salt Lake State Marina (5.9 mi); fishing at Ogden River (36.8 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 40

Is 2758 SPENCER, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 41

What updates might 2758 SPENCER, Magna need?

Accepted Answer

At 110 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Gas: Central. 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 42

Does 2758 SPENCER, Magna 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 43

What is the lot like at 2758 SPENCER, Magna?

Accepted Answer

The lot is 0.19 acres. Lot features: Fenced: Part,Sprinkler: Auto-Full. Terrain: Fenced: Part, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 44

What utilities are available at 2758 SPENCER, 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 45

Does 2758 SPENCER, Magna have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: 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.

2758 SPENCER, Magna, UT 84044

2758 S SPENCER AVE, Magna, UT 84044

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