Question 1

What is the asking price for 2849 8950, Magna?

Accepted Answer

2849 8950, Magna is listed at $259,900 ($232/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 2849 8950, Magna have?

Accepted Answer

This Residential features 2 bedrooms, 1 bathroom, 1,120 square feet of living space. It is a 2-story home. The lot is 0.07 acres.

Question 3

When was 2849 8950, Magna built?

Accepted Answer

This property was built in 1919, making it 107 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 2849 8950, Magna?

Accepted Answer

2849 8950, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MAGNA ADD subdivision. Zoning: Single-Family.

Question 5

Does 2849 8950, Magna have a garage or parking?

Accepted Answer

Yes, this property includes 1 open parking space. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 2849 8950, 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 2849 8950, Magna?

Accepted Answer

Annual property taxes for this property are approximately $2,470 (about $206/month). This represents an effective tax rate of approximately 0.95% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 2849 8950, Magna?

Accepted Answer

Interior features include: Disposal, Range: Gas. Exterior features include: Patio: Covered, Sliding Glass Doors.    View: Mountain(s).

Question 9

Is 2849 8950, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 59/100. Key deal signals: Priced 51% below similar homes; Priced 52% below market median (per-type). The price is 51% 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 Magna?

Accepted Answer

The median price for similar properties in the area is $534,708 (based on 10 homes). At $259,900, this listing is 51% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

What would the monthly mortgage payment be for 2849 8950, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $1,309. Including estimated taxes, the total monthly cost is approximately $1,515. A 15-year mortgage at 5.77% would be $1,729/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 2849 8950, Magna been on the market?

Accepted Answer

This property has been listed for 22 days. The average days on market in Magna is 69 days, meaning this listing is moving faster than the local average.

Question 13

Is 2849 8950, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $10,243 with a gross rental yield of 3.9%. Net rental yield (after estimated expenses): 2.6%.  Estimated debt service coverage ratio (DSCR): 0.49. Investor score: 48/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 2849 8950, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $854 ($10,248/year). The gross rent multiplier is 25.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What recreation is near 2849 8950, Magna?

Accepted Answer

This property has a recreation score of 69/100. Nearby recreation includes: General Holm (JRP) trailhead (9.8 mi); Comunity Center park (0.2 mi); Copper Club Golf Course (0.7 mi); Great Salt Lake State Park (5.9 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 16

What amenities and services are near 2849 8950, Magna?

Accepted Answer

This property has an amenity proximity score of 83/100. Nearby services include: Grocery: Colosimo's (0.3 mi); Hospital: Intermountain West Valley Clinic (4.6 mi); Pharmacy: CVS Pharmacy (4.6 mi); Dining: Nonna's Pizzaria (0.3 mi). Gas station: 0.8 miles. Gym: Magna Community Pool (0.8 mi).

Question 17

How far is the nearest hospital from 2849 8950, Magna?

Accepted Answer

The nearest hospital is Intermountain West Valley Clinic, approximately 4.6 miles from the property. The nearest fire station is 0.6 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 2849 8950, Magna?

Accepted Answer

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

Question 19

What is the internet speed at 2849 8950, Magna?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (100 Mbps, DSL). Total providers: 11.

Question 20

Is 2849 8950, Magna 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 21

How does this listing compare to the Magna market?

Accepted Answer

2849 8950, Magna is listed at $259,900, which is below the Magna median of $429,900 by $170,000. 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 22

How does this price compare to the Utah state average?

Accepted Answer

At $259,900, this property is below the Utah state median of $510,000 by $250,100. 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 23

What is the Propaired intelligence score for 2849 8950, Magna?

Accepted Answer

This property has a Propaired intelligence score of 59/100, combining deal value (59), recreation access (69), amenity proximity (83), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 24

What heating and cooling systems does 2849 8950, Magna have?

Accepted Answer

Heating: Forced Air. 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 25

What type of roof does 2849 8950, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 107-year-old home, reviewing recent roof inspections is recommended.

Question 26

Does 2849 8950, Magna have a basement?

Accepted Answer

Yes, the basement is described as: Partial. 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 27

What type of flooring does 2849 8950, 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 28

What are the water and sewer connections for 2849 8950, 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 29

What shopping and dining is near 2849 8950, Magna?

Accepted Answer

The nearest restaurant is Nonna's Pizzaria (0.3 miles away) and the nearest grocery store is Colosimo's (0.3 miles). Coffee: Protagonist (0.4 mi). Banking: Utah Community Credit Union (0.4 mi). Overall amenity proximity score: 83/100.

Question 30

What would homeowner's insurance cost for 2849 8950, 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 $259,900, expect approximately $780-$1,300/year ($65-$108/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 31

What are the estimated closing costs for 2849 8950, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $259,900, expect approximately $5,198-$12,995 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 32

How does the property tax compare to the list price at 2849 8950, Magna?

Accepted Answer

The annual property tax of $2,470 represents an effective rate of 0.95% relative to the list price of $259,900. This is above the Utah average of approximately 0.58%. Taxes may adjust after a sale based on the county's reassessment. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 33

What are the total estimated monthly costs for 2849 8950, Magna?

Accepted Answer

Estimated total monthly housing cost: $1,602. This includes principal & interest ($1,309 at 6.46% with 20% down), property tax ($206/mo), and estimated insurance (~$87/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 34

Is 2849 8950, Magna eligible for FHA or VA financing?

Accepted Answer

At $259,900, 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 35

What is the estimated cap rate for 2849 8950, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.6%, based on estimated annual rent of $10,243 and a purchase price of $259,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 36

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: 3.9%. Utah's steady population growth continues to drive rental demand.

Question 37

Could 2849 8950, Magna be a 1031 exchange property?

Accepted Answer

Yes, 2849 8950, 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 38

How does 2849 8950, Magna compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $534,708. This listing is 51% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $535,325. Comparable analysis is based on similar size, age, and location.

Question 39

Is the Magna neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.6% over the past year. The current Zillow Home Value Index for this area is $439,831. This listing is priced at 59% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 40

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 41

Is 2849 8950, Magna overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 51% below comparable homes, this property appears competitively priced. Deal score: 59/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 42

What school district is 2849 8950, 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 43

What parks are near 2849 8950, Magna?

Accepted Answer

The nearest local park is Comunity Center (0.2 miles away). The nearest state park is Great Salt Lake State Park (5.9 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 44

Is there a golf course near 2849 8950, Magna?

Accepted Answer

The nearest golf course is Copper Club Golf Course, 0.7 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 45

What water activities are near 2849 8950, Magna?

Accepted Answer

Water recreation near this property includes: boat ramp at Great Salt Lake State Marina (5.8 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 46

Is 2849 8950, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 47

What updates might 2849 8950, Magna need?

Accepted Answer

At 107 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: Forced Air. 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 48

Does 2849 8950, 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 49

What is the lot like at 2849 8950, Magna?

Accepted Answer

The lot is 0.07 acres. Lot features: Fenced: Full,View: Mountain,Private. Terrain: Fenced: Full, Terrain, Flat, View: Mountain, Private. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 50

What utilities are available at 2849 8950, 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 51

Is there EV charging near 2849 8950, Magna?

Accepted Answer

The nearest EV charging station is EVgo, approximately 4.3 miles from the property. A home EV charger can be installed if 240V electrical service is available. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

2849 8950, Magna, UT 84044

2849 S 8950 W, Magna, UT 84044

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