Question 1

What is the asking price for 8362 IRIS LUMI, Midvale?

Accepted Answer

8362 IRIS LUMI, Midvale is listed at $349,900 ($324/sqft). The original list price was $372,400, representing a reduction of $22,500. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 8362 IRIS LUMI, Midvale have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 1,080 square feet of living space. It is a 1-story home.

Question 3

When was 8362 IRIS LUMI, Midvale built?

Accepted Answer

This property was built in 2025, making it 1 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 8362 IRIS LUMI, Midvale?

Accepted Answer

8362 IRIS LUMI, Midvale is a Residential (Condominium). The architectural style is Condo; Top Level. It is located in the JORDAN BLUFFS subdivision. Zoning: Multi-Family.

Question 5

Does 8362 IRIS LUMI, Midvale 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 8362 IRIS LUMI, Midvale?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $200 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 8362 IRIS LUMI, Midvale?

Accepted Answer

Annual property taxes for this property are approximately $2,000 (about $167/month). This represents an effective tax rate of approximately 0.57% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 8362 IRIS LUMI, Midvale?

Accepted Answer

Interior features include: Closet: Walk-In, Range/Oven: Free Stdng..

Question 9

How long has 8362 IRIS LUMI, Midvale been on the market?

Accepted Answer

This property has been listed for 172 days. The average days on market in Midvale is 56 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 8362 IRIS LUMI, Midvale?

Accepted Answer

Assigned schools: Elementary: Midvale; Middle: Midvale; High: Hillcrest. There are 4 schools within 3 miles of this property. The highest-rated nearby school is Hawthorn Academy West Jordan with a 54% state performance score (2.2 miles away). School district: Canyons.

Question 11

What high school is near 8362 IRIS LUMI, Midvale?

Accepted Answer

The nearest high school is Hillcrest. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 12

What elementary school is near 8362 IRIS LUMI, Midvale?

Accepted Answer

The nearest elementary school is Midvale (2.2 miles away). State performance score: 54%. District: Hawthorn Academy. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 8362 IRIS LUMI, Midvale?

Accepted Answer

The nearest middle school is Midvale.

Question 14

How good are the schools near 8362 IRIS LUMI, Midvale?

Accepted Answer

Of the 4 schools within 3 miles, 4 have state performance data with an average score of 53%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 15

How does this listing compare to the Midvale market?

Accepted Answer

8362 IRIS LUMI, Midvale is listed at $349,900, which is below the Midvale median of $440,000 by $90,100. There are currently 96 active listings in Midvale. Homes in Midvale sell in an average of 56 days. The average sale-to-list ratio is 99.3%.

Question 16

What is the Midvale real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Midvale is $440,000. There are currently 96 active listings. Homes sell in an average of 56 days. The average sale-to-list ratio is 99.3%. This listing at $349,900 is below the Midvale 2026 median.

Question 17

Are there other homes for sale in Midvale?

Accepted Answer

Yes — there are currently 96 active listings in Midvale. Browse all Midvale homes for sale at propaired.ai/listings/ut/midvale. Prices range around a median of $440,000. Homes in Midvale are selling in about 56 days on average.

Question 18

How does this price compare to the Utah state average?

Accepted Answer

At $349,900, this property is below the Utah state median of $519,000 by $169,100. Midvale prices are 15% 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 19

What heating and cooling systems does 8362 IRIS LUMI, Midvale have?

Accepted Answer

Heating: >= 95% efficiency. Cooling system details are not listed. 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 20

Does 8362 IRIS LUMI, Midvale 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 21

What is 8362 IRIS LUMI, Midvale constructed from?

Accepted Answer

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

Question 22

What type of flooring does 8362 IRIS LUMI, Midvale have?

Accepted Answer

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

Question 23

What are the water and sewer connections for 8362 IRIS LUMI, Midvale?

Accepted Answer

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

Question 24

What would homeowner's insurance cost for 8362 IRIS LUMI, Midvale?

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 $349,900, expect approximately $1,050-$1,750/year ($88-$146/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 8362 IRIS LUMI, Midvale?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $349,900, expect approximately $6,998-$17,495 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 26

How does the property tax compare to the list price at 8362 IRIS LUMI, Midvale?

Accepted Answer

The annual property tax of $2,000 represents an effective rate of 0.57% relative to the list price of $349,900. 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 27

Is 8362 IRIS LUMI, Midvale eligible for FHA or VA financing?

Accepted Answer

At $349,900, 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 28

Could 8362 IRIS LUMI, Midvale be a 1031 exchange property?

Accepted Answer

Yes, 8362 IRIS LUMI, Midvale 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 29

What is the price trend in Midvale?

Accepted Answer

Midvale's median price has increased 4.7% month-over-month. Current median: $440,000. Days on market have decreased by 43.6% month-over-month. Homes are selling at 99.3% of list price on average. Monitor these trends to time your offer strategically.

Question 30

What school district is 8362 IRIS LUMI, Midvale in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Midvale. Assigned middle: Midvale. Assigned high: Hillcrest. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 31

How do nearby schools rank statewide?

Accepted Answer

Of the 4 nearby schools with state rankings, the highest-ranked is Grant School at #164 statewide (54% performance score). Other ranked nearby schools include Hawthorn Academy West Jordan (#313) and Mountain Heights Academy (#333). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 32

Is 8362 IRIS LUMI, Midvale move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 33

Does 8362 IRIS LUMI, Midvale come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 34

What utilities are available at 8362 IRIS LUMI, Midvale?

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.

8362 IRIS LUMI, Midvale, UT 84047

8362 S IRIS LUMI LN #P303, Midvale, UT 84047

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