Question 1

What is the asking price for 8333 S IRIS LUMI, Midvale?

Accepted Answer

8333 S IRIS LUMI, Midvale is listed at $377,900 ($350/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 8333 S 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 8333 S 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 8333 S IRIS LUMI, Midvale?

Accepted Answer

8333 S 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 8333 S 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 8333 S 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 key features of 8333 S IRIS LUMI, Midvale?

Accepted Answer

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

Question 8

Is 8333 S IRIS LUMI, Midvale a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 5/100. The price is 5% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

How does this price compare to similar homes in Midvale?

Accepted Answer

The median price for similar properties in the area is $359,950 (based on 10 homes). At $377,900, this listing is 5% above the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 10

What would the monthly mortgage payment be for 8333 S IRIS LUMI, Midvale?

Accepted Answer

At the current 30-year mortgage rate of 6.22% with 20% down, the estimated monthly principal and interest payment is $1,856. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,056. A 15-year mortgage at 5.54% would be $2,477/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 8333 S IRIS LUMI, Midvale been on the market?

Accepted Answer

This property has been listed for 106 days. The average days on market in Midvale is 61 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 12

Is 8333 S IRIS LUMI, Midvale a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $10,944 with a gross rental yield of 2.9%. Net rental yield (after estimated expenses): 1.9%.  Estimated debt service coverage ratio (DSCR): 0.37. Investor score: 29/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 8333 S IRIS LUMI, Midvale?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $912 ($10,944/year). The gross rent multiplier is 34.5x (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 8333 S IRIS LUMI, Midvale offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: New Construction. The primary lifestyle niche is "new_construction." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 8333 S IRIS LUMI, Midvale new construction?

Accepted Answer

Yes, this is a new construction property built in 2025. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 16

What recreation is near 8333 S IRIS LUMI, Midvale?

Accepted Answer

This property has a recreation score of 64/100. Nearby recreation includes: Triumph (JRP) trailhead (1.7 mi); Copperview Park park (0.5 mi); River Oaks Golf Course (1.3 mi); Flight Park State Recreation Area (9.8 mi); Capitol Reef NP — Cathedral Valley (154.6 mi). Skiing: Snowbird Ski and Summer Resort (12.7 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 17

Are there hiking trails near 8333 S IRIS LUMI, Midvale?

Accepted Answer

Yes, the nearest trailhead is Triumph (JRP), just 1.7 miles from the property. Flight Park State Recreation Area is 9.8 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 18

What amenities and services are near 8333 S IRIS LUMI, Midvale?

Accepted Answer

This property has an amenity proximity score of 73/100. Nearby services include: Grocery: Shirlyn's Natural Foods (2.7 mi); Hospital: SOUTHWOOD Medical Pavilion (2.7 mi); Pharmacy: COVID-19 Drive-Thru Testing at Walgreens (2.4 mi); Dining: Arby's (3.9 mi). Gas station: 2.7 miles. Gym: BarRE VIVE - Core 7 REdefined (2.8 mi).

Question 19

How far is the nearest hospital from 8333 S IRIS LUMI, Midvale?

Accepted Answer

The nearest hospital is SOUTHWOOD Medical Pavilion, approximately 2.7 miles from the property. The nearest fire station is 3.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 20

What schools serve 8333 S IRIS LUMI, Midvale?

Accepted Answer

Assigned schools: Elementary: Midvale; Middle: Midvale; High: Hillcrest.   School district: Canyons.

Question 21

How does this listing compare to the Midvale market?

Accepted Answer

8333 S IRIS LUMI, Midvale is listed at $377,900, which is below the Midvale median of $437,400 by $59,500. 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 22

How does this price compare to the Utah state average?

Accepted Answer

At $377,900, this property is below the Utah state median of $510,000 by $132,100. 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 23

What is the Propaired intelligence score for 8333 S IRIS LUMI, Midvale?

Accepted Answer

This property has a Propaired intelligence score of 32/100, combining deal value (5), recreation access (64), amenity proximity (73), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 24

What heating and cooling systems does 8333 S 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 25

Does 8333 S 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 26

What is 8333 S 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 27

What type of flooring does 8333 S IRIS LUMI, Midvale have?

Accepted Answer

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

Question 28

What are the water and sewer connections for 8333 S IRIS LUMI, Midvale?

Accepted Answer

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

Question 29

What shopping and dining is near 8333 S IRIS LUMI, Midvale?

Accepted Answer

The nearest restaurant is Arby's (3.9 miles away) and the nearest grocery store is Shirlyn's Natural Foods (2.7 miles).   Overall amenity proximity score: 73/100.

Question 30

What would homeowner's insurance cost for 8333 S 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 $377,900, expect approximately $1,134-$1,890/year ($95-$158/month).   Get multiple quotes — rates vary significantly by insurer.

Question 31

What are the estimated closing costs for 8333 S IRIS LUMI, Midvale?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $377,900, expect approximately $7,558-$18,895 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 32

What are the total estimated monthly costs for 8333 S IRIS LUMI, Midvale?

Accepted Answer

Estimated total monthly housing cost: $2,182. This includes principal & interest ($1,856 at 6.22% with 20% down), HOA ($200/mo), and estimated insurance (~$126/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 33

Is 8333 S IRIS LUMI, Midvale eligible for FHA or VA financing?

Accepted Answer

At $377,900, 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 34

What is the estimated cap rate for 8333 S IRIS LUMI, Midvale?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.9%, based on estimated annual rent of $10,944 and a purchase price of $377,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 35

Is Midvale a good rental market?

Accepted Answer

Estimated monthly rent in Midvale is approximately $1,561. Homes in Midvale sell in an average of 61 days, indicating moderate demand in this market. There are 83 active listings currently. Gross rental yield in this area: 2.9%. Utah's steady population growth continues to drive rental demand.

Question 36

Could 8333 S IRIS LUMI, Midvale be a 1031 exchange property?

Accepted Answer

Yes, 8333 S 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 37

How does 8333 S IRIS LUMI, Midvale compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $359,950. This listing is 5% above the comparable median. It ranks Fair Price among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 38

Is the Midvale neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.6% over the past year. The current Zillow Home Value Index for this area is $484,500. This listing is priced at 78% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 39

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 40

Is 8333 S IRIS LUMI, Midvale 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: 5/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 41

What school district is 8333 S 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 42

What parks are near 8333 S IRIS LUMI, Midvale?

Accepted Answer

The nearest local park is Copperview Park (0.5 miles away). The nearest state park is Flight Park State Recreation Area (9.8 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (154.6 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 43

Is there a golf course near 8333 S IRIS LUMI, Midvale?

Accepted Answer

The nearest golf course is River Oaks Golf Course, 1.3 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 44

What water activities are near 8333 S IRIS LUMI, Midvale?

Accepted Answer

Water recreation near this property includes: Deer Creek Reservoir (24.6 mi); boat ramp at Saratoga Springs (17.3 mi); fishing at Provo River (26.0 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 45

Is 8333 S 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. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 46

Does 8333 S 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 47

What utilities are available at 8333 S 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.

8333 S IRIS LUMI, Midvale, UT 84047

8333 S S IRIS LUMI LN #Q304, Midvale, UT 84047

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