Question 1

What is the asking price for 2831 SPENCER, Magna?

Accepted Answer

2831 SPENCER, Magna is listed at $390,000 ($292/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 2831 SPENCER, Magna have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,334 square feet of living space. It is a 1-story home. The lot is 0.1 acres.

Question 3

When was 2831 SPENCER, Magna built?

Accepted Answer

This property was built in 2002, making it 24 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 2831 SPENCER, Magna?

Accepted Answer

2831 SPENCER, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the SPENCER'S ANNEX subdivision. Zoning: Single-Family.

Question 5

Does 2831 SPENCER, Magna have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 4 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 2831 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 2831 SPENCER, Magna?

Accepted Answer

Annual property taxes for this property are approximately $2,620 (about $218/month). This represents an effective tax rate of approximately 0.67% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 2831 SPENCER, Magna?

Accepted Answer

Interior features include: Alarm: Security, Range/Oven: Built-In, Vaulted Ceilings. Exterior features include: Patio: Open.

Question 9

Is 2831 SPENCER, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 100/100. Key deal signals: Priced 28% below similar homes; Priced 25% below market median (per-type). The price is 28% 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 $538,650 (based on 10 homes). At $390,000, this listing is 28% 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 2831 SPENCER, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.37% with 20% down, the estimated monthly principal and interest payment is $1,945. Including estimated taxes, the total monthly cost is approximately $2,163. A 15-year mortgage at 5.72% would be $2,586/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 2831 SPENCER, Magna been on the market?

Accepted Answer

This property has been listed for 6 days. The average days on market in Magna is 78 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 2831 SPENCER, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $20,301 with a gross rental yield of 5.2%. Net rental yield (after estimated expenses): 3.4%.  Estimated debt service coverage ratio (DSCR): 0.77. Investor score: 54/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 2831 SPENCER, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,692 ($20,304/year). The gross rent multiplier is 19.2x (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 2831 SPENCER, Magna?

Accepted Answer

This property has a recreation score of 70/100. Nearby recreation includes: General Holm (JRP) trailhead (9.3 mi); LDS Church field park (0.3 mi); Copper Club Golf Course (0.5 mi); Great Salt Lake State Park (6.4 mi). Skiing: Snowbird Ski and Summer Resort (24.3 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 16

Are there hiking trails near 2831 SPENCER, Magna?

Accepted Answer

Yes, the nearest trailhead is General Holm (JRP), just 9.3 miles from the property. Great Salt Lake State Park is 6.4 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 17

What amenities and services are near 2831 SPENCER, Magna?

Accepted Answer

This property has an amenity proximity score of 56/100. Nearby services include: Grocery: El Potrero Market (4.9 mi); Hospital: Vision Source at Jordan Landing (8.8 mi); Pharmacy: Walgreens Pharmacy (6.1 mi); Dining: Arby's (6.1 mi). Gas station: 5.3 miles. Gym: Outdoor gym (4.1 mi).

Question 18

How far is the nearest hospital from 2831 SPENCER, Magna?

Accepted Answer

The nearest hospital is Vision Source at Jordan Landing, approximately 8.8 miles from the property. The nearest fire station is 1.0 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 19

What schools serve 2831 SPENCER, Magna?

Accepted Answer

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

Question 20

What high school is near 2831 SPENCER, 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 21

What elementary school is near 2831 SPENCER, Magna?

Accepted Answer

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

Question 22

What middle school is near 2831 SPENCER, Magna?

Accepted Answer

The nearest middle school is Matheson.

Question 23

What is the internet speed at 2831 SPENCER, Magna?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 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: 13.

Question 24

Is 2831 SPENCER, 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 25

How does this listing compare to the Magna market?

Accepted Answer

2831 SPENCER, Magna is listed at $390,000, which is below the Magna median of $432,000 by $42,000. There are currently 92 active listings in Magna. Homes in Magna sell in an average of 78 days. The average sale-to-list ratio is 99.0%.

Question 26

What is the Magna real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Magna is $432,000. There are currently 92 active listings. Homes sell in an average of 78 days. The average sale-to-list ratio is 99.0%. This listing at $390,000 is below the Magna 2026 median.

Question 27

Are there other homes for sale in Magna?

Accepted Answer

Yes — there are currently 92 active listings in Magna. Browse all Magna homes for sale at propaired.ai/listings/ut/magna. Prices range around a median of $432,000. Homes in Magna are selling in about 78 days on average.

Question 28

How does this price compare to the Utah state average?

Accepted Answer

At $390,000, this property is below the Utah state median of $515,000 by $125,000. 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 29

What is the Propaired intelligence score for 2831 SPENCER, Magna?

Accepted Answer

This property has a Propaired intelligence score of 54/100, combining deal value (100), recreation access (70), amenity proximity (56), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What heating and cooling systems does 2831 SPENCER, Magna have?

Accepted Answer

Heating: 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 31

What type of roof does 2831 SPENCER, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 24-year-old home, reviewing recent roof inspections is recommended.

Question 32

Does 2831 SPENCER, 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 33

What is 2831 SPENCER, Magna constructed from?

Accepted Answer

Construction materials include: Aluminum. The construction type affects long-term maintenance requirements and insurance costs.

Question 34

What type of flooring does 2831 SPENCER, Magna have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 35

What are the water and sewer connections for 2831 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 36

What shopping and dining is near 2831 SPENCER, Magna?

Accepted Answer

The nearest restaurant is Arby's (6.1 miles away) and the nearest grocery store is El Potrero Market (4.9 miles). Coffee: McDonald's (5.3 mi). Banking: Wells Fargo Corporate (6.1 mi). Overall amenity proximity score: 56/100.

Question 37

What would homeowner's insurance cost for 2831 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 $390,000, expect approximately $1,170-$1,950/year ($98-$163/month).   Get multiple quotes — rates vary significantly by insurer.

Question 38

What are the estimated closing costs for 2831 SPENCER, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $390,000, expect approximately $7,800-$19,500 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 39

How does the property tax compare to the list price at 2831 SPENCER, Magna?

Accepted Answer

The annual property tax of $2,620 represents an effective rate of 0.67% relative to the list price of $390,000. 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 40

What are the total estimated monthly costs for 2831 SPENCER, Magna?

Accepted Answer

Estimated total monthly housing cost: $2,293. This includes principal & interest ($1,945 at 6.37% with 20% down), property tax ($218/mo), and estimated insurance (~$130/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 41

Is 2831 SPENCER, Magna eligible for FHA or VA financing?

Accepted Answer

At $390,000, 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 42

What is the estimated cap rate for 2831 SPENCER, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.4%, based on estimated annual rent of $20,301 and a purchase price of $390,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 43

Is Magna a good rental market?

Accepted Answer

Estimated monthly rent in Magna is approximately $1,801. Homes in Magna sell in an average of 78 days, indicating moderate demand in this market. There are 92 active listings currently. Gross rental yield in this area: 5.2%. Utah's steady population growth continues to drive rental demand.

Question 44

Could 2831 SPENCER, Magna be a 1031 exchange property?

Accepted Answer

Yes, 2831 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 45

How does 2831 SPENCER, Magna compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $538,650. This listing is 28% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $518,500. Comparable analysis is based on similar size, age, and location.

Question 46

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 89% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 47

What is the price trend in Magna?

Accepted Answer

Magna's median price has increased 7.9% month-over-month. Current median: $432,000. Days on market have decreased by 66.2% month-over-month. Homes are selling at 99.0% of list price on average. Monitor these trends to time your offer strategically.

Question 48

Is 2831 SPENCER, Magna overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 28% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 49

What school district is 2831 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 50

What parks are near 2831 SPENCER, Magna?

Accepted Answer

The nearest local park is LDS Church field (0.3 miles away). The nearest state park is Great Salt Lake State Park (6.4 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 51

Is there a golf course near 2831 SPENCER, Magna?

Accepted Answer

The nearest golf course is Copper Club Golf Course, 0.5 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 52

What water activities are near 2831 SPENCER, Magna?

Accepted Answer

Water recreation near this property includes: boat ramp at Great Salt Lake State Marina (6.3 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 53

Is 2831 SPENCER, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 54

What updates might 2831 SPENCER, Magna need?

Accepted Answer

At 24 years old, common updates to consider include: HVAC system update. 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 55

Does 2831 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 56

What is the lot like at 2831 SPENCER, Magna?

Accepted Answer

The lot is 0.1 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full. Terrain: Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 57

What utilities are available at 2831 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 58

Does 2831 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.

Question 59

Is there EV charging near 2831 SPENCER, Magna?

Accepted Answer

The nearest EV charging station is Blink Charging Station, approximately 4.8 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

2831 SPENCER, Magna, UT 84044

2831 S SPENCER AVE, Magna, UT 84044

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