Question 1

What is the asking price for 7883 GLENWOOD, Magna?

Accepted Answer

7883 GLENWOOD, Magna is listed at $420,000 ($221/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 7883 GLENWOOD, Magna have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,900 square feet of living space. It is a 2-story home. The lot is 0.18 acres.

Question 3

When was 7883 GLENWOOD, Magna built?

Accepted Answer

This property was built in 1974, making it 52 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 7883 GLENWOOD, Magna?

Accepted Answer

7883 GLENWOOD, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the CYPRUS HEIGHTS SUB subdivision. Zoning: Single-Family.

Question 5

Does 7883 GLENWOOD, Magna have a garage or parking?

Accepted Answer

Yes, this property includes a carport. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 7883 GLENWOOD, 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 7883 GLENWOOD, Magna?

Accepted Answer

Annual property taxes for this property are approximately $2,934 (about $245/month). This represents an effective tax rate of approximately 0.70% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 7883 GLENWOOD, Magna?

Accepted Answer

Interior features include: Disposal, Range/Oven: Free Stdng., Granite Countertops. Exterior features include: Double Pane Windows, Patio: Open.

Question 9

Is 7883 GLENWOOD, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 23/100. Key deal signals: 4.1% gross rental yield.  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 7883 GLENWOOD, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.22% with 20% down, the estimated monthly principal and interest payment is $2,062. Including estimated taxes, the total monthly cost is approximately $2,307. A 15-year mortgage at 5.54% would be $2,753/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 7883 GLENWOOD, Magna been on the market?

Accepted Answer

This property has been listed for 16 days. The average days on market in Magna is 69 days, meaning this listing is moving faster than the local average.

Question 12

Is 7883 GLENWOOD, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $17,327 with a gross rental yield of 4.1%. Net rental yield (after estimated expenses): 2.7%.  Estimated debt service coverage ratio (DSCR): 0.53. Investor score: 39/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 7883 GLENWOOD, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,444 ($17,328/year). The gross rent multiplier is 24.2x (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 7883 GLENWOOD, Magna offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: Farm/Ranch, Luxury Estate. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 15

What makes 7883 GLENWOOD, Magna a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 1,900 sqft on 0.18 acres, it offers premium living.    Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 16

How much land comes with 7883 GLENWOOD, Magna?

Accepted Answer

This property sits on 0.18 acres. It is suitable for farming or ranching use.  Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 17

What schools serve 7883 GLENWOOD, Magna?

Accepted Answer

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

Question 18

How does this listing compare to the Magna market?

Accepted Answer

7883 GLENWOOD, Magna is listed at $420,000, which is below the Magna median of $429,900 by $9,900. 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 $420,000, this property is below the Utah state median of $510,000 by $90,000. 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 7883 GLENWOOD, Magna?

Accepted Answer

This property has a Propaired intelligence score of 28/100, combining deal value (23), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 21

What heating and cooling systems does 7883 GLENWOOD, 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 7883 GLENWOOD, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 52-year-old home, reviewing recent roof inspections is recommended.

Question 23

Does 7883 GLENWOOD, 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 24

What is 7883 GLENWOOD, Magna constructed from?

Accepted Answer

Construction materials include: Aluminum,Brick. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 25

What type of flooring does 7883 GLENWOOD, Magna have?

Accepted Answer

Flooring types include: Laminate,Linoleum,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 26

What are the water and sewer connections for 7883 GLENWOOD, Magna?

Accepted Answer

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

Question 27

What would homeowner's insurance cost for 7883 GLENWOOD, 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 $420,000, expect approximately $1,260-$2,100/year ($105-$175/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 28

What are the estimated closing costs for 7883 GLENWOOD, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $420,000, expect approximately $8,400-$21,000 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 29

How does the property tax compare to the list price at 7883 GLENWOOD, Magna?

Accepted Answer

The annual property tax of $2,934 represents an effective rate of 0.70% relative to the list price of $420,000. 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 30

What are the total estimated monthly costs for 7883 GLENWOOD, Magna?

Accepted Answer

Estimated total monthly housing cost: $2,447. This includes principal & interest ($2,062 at 6.22% with 20% down), property tax ($245/mo), and estimated insurance (~$140/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 31

Is 7883 GLENWOOD, Magna eligible for FHA or VA financing?

Accepted Answer

At $420,000, 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 32

What is the estimated cap rate for 7883 GLENWOOD, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.7%, based on estimated annual rent of $17,327 and a purchase price of $420,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 33

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: 4.1%. Utah's steady population growth continues to drive rental demand.

Question 34

Could 7883 GLENWOOD, Magna be a 1031 exchange property?

Accepted Answer

Yes, 7883 GLENWOOD, 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 35

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 96% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 36

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 37

What school district is 7883 GLENWOOD, 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 38

Is 7883 GLENWOOD, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 39

What updates might 7883 GLENWOOD, Magna need?

Accepted Answer

At 52 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 40

Does 7883 GLENWOOD, 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 41

What is the lot like at 7883 GLENWOOD, Magna?

Accepted Answer

The lot is 0.18 acres. Lot features: Fenced: Full. Terrain: Fenced: Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 42

What utilities are available at 7883 GLENWOOD, 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 43

Does 7883 GLENWOOD, 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.

7883 GLENWOOD, Magna, UT 84044

7883 W GLENWOOD AVE, Magna, UT 84044

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