Question 1

What is the asking price for 3297 NEWHOUSE, Magna?

Accepted Answer

3297 NEWHOUSE, Magna is listed at $585,000 ($225/sqft). The original list price was $595,000, representing a reduction of $10,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 3297 NEWHOUSE, Magna have?

Accepted Answer

This Residential features 6 bedrooms, 4 bathrooms, 2,596 square feet of living space. It is a 2-story home. The lot is 0.14 acres.

Question 3

When was 3297 NEWHOUSE, Magna built?

Accepted Answer

This property was built in 2021, making it 5 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 3297 NEWHOUSE, Magna?

Accepted Answer

3297 NEWHOUSE, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MEADOWS subdivision. Zoning: Single-Family.

Question 5

Does 3297 NEWHOUSE, 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 3297 NEWHOUSE, Magna?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $10 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 3297 NEWHOUSE, Magna?

Accepted Answer

Annual property taxes for this property are approximately $4,564 (about $380/month). This represents an effective tax rate of approximately 0.78% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 3297 NEWHOUSE, Magna?

Accepted Answer

Interior features include: Basement Apartment, Kitchen: Second, Mother-in-Law Apt.. Exterior features include: Basement Entrance, Sliding Glass Doors, Walkout.    View: Mountain(s).

Question 9

Is 3297 NEWHOUSE, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 30/100. Key deal signals: 106% LT gross rent coverage of monthly ownership cost. The price is 3% above 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 $568,900 (based on 9 homes). At $585,000, this listing is 3% above the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 3297 NEWHOUSE, Magna?

Accepted Answer

Yes, the price has been reduced by 1.7% from the original list price of $595,000 to the current price of $585,000 — a reduction of $10,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 3297 NEWHOUSE, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.37% with 20% down, the estimated monthly principal and interest payment is $2,918. Including estimated taxes and HOA fees, the total monthly cost is approximately $3,308. A 15-year mortgage at 5.72% would be $3,879/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 3297 NEWHOUSE, Magna been on the market?

Accepted Answer

This property has been listed for 12 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 14

Is 3297 NEWHOUSE, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $51,989 with a gross rental yield of 8.9%. Net rental yield (after estimated expenses): 5.8%.  Estimated debt service coverage ratio (DSCR): 1.31. Investor score: 48/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 3297 NEWHOUSE, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $4,332 ($51,984/year). The gross rent multiplier is 11.3x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 3297 NEWHOUSE, Magna offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, Investor Special. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.

Question 17

What schools serve 3297 NEWHOUSE, Magna?

Accepted Answer

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

Question 18

What high school is near 3297 NEWHOUSE, 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 19

What elementary school is near 3297 NEWHOUSE, Magna?

Accepted Answer

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

Question 20

What middle school is near 3297 NEWHOUSE, Magna?

Accepted Answer

The nearest middle school is Matheson.

Question 21

Is 3297 NEWHOUSE, 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 22

How does this listing compare to the Magna market?

Accepted Answer

3297 NEWHOUSE, Magna is listed at $585,000, which is above the Magna median of $432,000 by $153,000. 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 23

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 $585,000 is above the Magna 2026 median.

Question 24

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 25

How does this price compare to the Utah state average?

Accepted Answer

At $585,000, this property is above the Utah state median of $515,000 by $70,000. 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 26

What is the Propaired intelligence score for 3297 NEWHOUSE, Magna?

Accepted Answer

This property has a Propaired intelligence score of 31/100, combining deal value (30), 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 27

What heating and cooling systems does 3297 NEWHOUSE, Magna have?

Accepted Answer

Heating: Forced Air,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 28

What type of roof does 3297 NEWHOUSE, Magna have?

Accepted Answer

The roof material is Asphalt,Pitched. Asphalt shingles typically last 20-30 years in Utah's climate. With a 5-year-old home, reviewing recent roof inspections is recommended.

Question 29

Does 3297 NEWHOUSE, Magna have a basement?

Accepted Answer

Yes, the basement is described as: Entrance,Full,Walk-Out Access. 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 30

What is 3297 NEWHOUSE, Magna constructed from?

Accepted Answer

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

Question 31

What type of flooring does 3297 NEWHOUSE, Magna have?

Accepted Answer

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

Question 32

What are the water and sewer connections for 3297 NEWHOUSE, 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 33

What would homeowner's insurance cost for 3297 NEWHOUSE, 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 $585,000, expect approximately $1,755-$2,925/year ($146-$244/month).   Get multiple quotes — rates vary significantly by insurer.

Question 34

What are the estimated closing costs for 3297 NEWHOUSE, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $585,000, expect approximately $11,700-$29,250 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 35

How does the property tax compare to the list price at 3297 NEWHOUSE, Magna?

Accepted Answer

The annual property tax of $4,564 represents an effective rate of 0.78% relative to the list price of $585,000. 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 36

What are the total estimated monthly costs for 3297 NEWHOUSE, Magna?

Accepted Answer

Estimated total monthly housing cost: $3,503. This includes principal & interest ($2,918 at 6.37% with 20% down), property tax ($380/mo), HOA ($10/mo), and estimated insurance (~$195/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 37

Is 3297 NEWHOUSE, Magna eligible for FHA or VA financing?

Accepted Answer

At $585,000, 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 38

What is the estimated cap rate for 3297 NEWHOUSE, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 5.8%, based on estimated annual rent of $51,989 and a purchase price of $585,000. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 39

Is Magna a good rental market?

Accepted Answer

Estimated monthly rent in Magna is approximately $3,505. 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: 8.9%. Utah's steady population growth continues to drive rental demand.

Question 40

Could 3297 NEWHOUSE, Magna be a 1031 exchange property?

Accepted Answer

Yes, 3297 NEWHOUSE, 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 41

How does 3297 NEWHOUSE, Magna compare to recently sold homes nearby?

Accepted Answer

Based on 9 comparable properties, the median sold price in this area is $568,900. This listing is 3% above the comparable median. It ranks Fair Price 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 42

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 133% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

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 44

Is 3297 NEWHOUSE, Magna overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 30/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 45

What school district is 3297 NEWHOUSE, Magna in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Pleasant Green. 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 46

Is 3297 NEWHOUSE, Magna move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 47

Does 3297 NEWHOUSE, 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 48

What is the lot like at 3297 NEWHOUSE, Magna?

Accepted Answer

The lot is 0.14 acres. Lot features: Fenced: Part,Sprinkler: Auto-Part,View: Mountain. Terrain: Fenced: Part, Sprinkler: Auto-Part, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 49

What utilities are available at 3297 NEWHOUSE, 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 50

Does 3297 NEWHOUSE, Magna have natural gas?

Accepted Answer

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

3297 NEWHOUSE, Magna, UT 84044

3297 S NEWHOUSE DR, Magna, UT 84044

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