Question 1

What is the asking price for 112 7420, Midvale?

Accepted Answer

112 7420, Midvale is listed at $570,000 ($178/sqft).  Current status: Closed.

Question 2

How many bedrooms and bathrooms does 112 7420, Midvale have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 3,210 square feet of living space. It is a 2-story home. The lot is 0.19 acres.

Question 3

When was 112 7420, Midvale built?

Accepted Answer

This property was built in 1965, making it 61 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 112 7420, Midvale?

Accepted Answer

112 7420, Midvale is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the BIRCHMONT SUB subdivision.

Question 5

Does 112 7420, Midvale have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 3 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 112 7420, Midvale?

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 112 7420, Midvale?

Accepted Answer

Annual property taxes for this property are approximately $1,939 (about $162/month). This represents an effective tax rate of approximately 0.34% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 112 7420, Midvale?

Accepted Answer

Exterior features include: Basement Entrance, Patio: Covered.

Question 9

How long has 112 7420, Midvale been on the market?

Accepted Answer

This property has been listed for 22 days. The average days on market in Midvale is 61 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 112 7420, Midvale?

Accepted Answer

Assigned schools: Elementary: Midvale; Middle: Midvale; High: Hillcrest. There are 7 schools within 3 miles of this property. The highest-rated nearby school is Oakdale School with a 60% state performance score (2.8 miles away). School district: Canyons.

Question 11

How good are the schools near 112 7420, Midvale?

Accepted Answer

Of the 7 schools within 3 miles, 7 have state performance data with an average score of 54%.  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 12

How does this listing compare to the Midvale market?

Accepted Answer

112 7420, Midvale is listed at $570,000, which is above the Midvale median of $437,400 by $132,600. There are currently 83 active listings in Midvale. Homes in Midvale sell in an average of 61 days. The average sale-to-list ratio is 98.7%.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $570,000, this property is above the Utah state median of $510,000 by $60,000. Midvale prices are 14% 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 14

What heating and cooling systems does 112 7420, Midvale 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 15

Does 112 7420, Midvale 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 16

What is 112 7420, Midvale constructed from?

Accepted Answer

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

Question 17

What type of flooring does 112 7420, Midvale have?

Accepted Answer

Flooring types include: Carpet,Hardwood. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.  Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 18

What would homeowner's insurance cost for 112 7420, 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 $570,000, expect approximately $1,710-$2,850/year ($143-$238/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 112 7420, Midvale?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $570,000, expect approximately $11,400-$28,500 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 20

How does the property tax compare to the list price at 112 7420, Midvale?

Accepted Answer

The annual property tax of $1,939 represents an effective rate of 0.34% relative to the list price of $570,000. 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 21

Is 112 7420, Midvale eligible for FHA or VA financing?

Accepted Answer

At $570,000, 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 22

Could 112 7420, Midvale be a 1031 exchange property?

Accepted Answer

Yes, 112 7420, 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 23

What is the price trend in Midvale?

Accepted Answer

Midvale's median price has decreased 4.8% month-over-month. Current median: $437,400. Days on market have increased by 214.1% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 24

What school district is 112 7420, 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 25

How do nearby schools rank statewide?

Accepted Answer

Of the 7 nearby schools with state rankings, the highest-ranked is Oakdale School at #153 statewide (60% performance score). Other ranked nearby schools include Riverview Jr High (#157) and Grant School (#164). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 26

Is 112 7420, Midvale move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 27

What updates might 112 7420, Midvale need?

Accepted Answer

At 61 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.  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 28

Does 112 7420, Midvale 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 29

What is the lot like at 112 7420, Midvale?

Accepted Answer

The lot is 0.19 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 30

Does 112 7420, Midvale 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.

112 7420, Midvale, UT 84047

112 E 7420 S, Midvale, UT 84047

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