Question 1

What is the asking price for 7486 TEMPO, Magna?

Accepted Answer

7486 TEMPO, Magna is listed at $23,000,000.  This listing is currently active and available for showings.

Question 2

What type of property is 7486 TEMPO, Magna?

Accepted Answer

7486 TEMPO, Magna is a Land (Industrial).   Zoning: Industrial, Agricultural.

Question 3

Is there an HOA for 7486 TEMPO, 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 4

What are the property taxes for 7486 TEMPO, Magna?

Accepted Answer

Annual property taxes for this property are approximately $3 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 7486 TEMPO, Magna been on the market?

Accepted Answer

This property has been listed for 55 days. The average days on market in Magna is 69 days, meaning this listing is moving faster than the local average.

Question 6

What schools serve 7486 TEMPO, Magna?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.

Question 7

What high school is near 7486 TEMPO, Magna?

Accepted Answer

The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 8

What elementary school is near 7486 TEMPO, Magna?

Accepted Answer

The nearest elementary school is None/Other. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 7486 TEMPO, Magna?

Accepted Answer

The nearest middle school is None/Other.

Question 10

How does this listing compare to the Magna market?

Accepted Answer

7486 TEMPO, Magna is listed at $23,000,000, which is above the Magna median of $429,900 by $22,570,100. 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 11

What is the Magna real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Magna is $429,900. There are currently 80 active listings. Homes sell in an average of 69 days. The average sale-to-list ratio is 99.2%. This listing at $23,000,000 is above the Magna 2026 median.

Question 12

Are there other homes for sale in Magna?

Accepted Answer

Yes — there are currently 80 active listings in Magna. Browse all Magna homes for sale at propaired.ai/listings/ut/magna. Prices range around a median of $429,900. Homes in Magna are selling in about 69 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $23,000,000, this property is above the Utah state median of $510,000 by $22,490,000. 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 14

What are the water and sewer connections for 7486 TEMPO, Magna?

Accepted Answer

Sewer: Sewer: Available.   Water is a critical consideration in Utah's arid climate.

Question 15

What would homeowner's insurance cost for 7486 TEMPO, 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 $23,000,000, expect approximately $69,000-$115,000/year ($5,750-$9,583/month).   Get multiple quotes — rates vary significantly by insurer.

Question 16

What are the estimated closing costs for 7486 TEMPO, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $23,000,000, expect approximately $460,000-$1,150,000 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 7486 TEMPO, Magna?

Accepted Answer

The annual property tax of $3 represents an effective rate of 0.00% relative to the list price of $23,000,000. 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 7486 TEMPO, Magna eligible for FHA or VA financing?

Accepted Answer

At $23,000,000, 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 7486 TEMPO, Magna be a 1031 exchange property?

Accepted Answer

Yes, 7486 TEMPO, 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 20

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 21

Is 7486 TEMPO, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

Does 7486 TEMPO, 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 23

What is the lot like at 7486 TEMPO, Magna?

Accepted Answer

The lot is 39.27 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 24

What utilities are available at 7486 TEMPO, Magna?

Accepted Answer

Available utilities include: Natural Gas Available,Electricity Available,Sewer Available.  Sewer: Sewer: Available. 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.

7486 TEMPO, Magna, UT 84044

7486 W TEMPO RD, Magna, UT 84044

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