Question 1

What is the asking price for 7450 STATE, Midvale?

Accepted Answer

7450 STATE, Midvale is listed at $1,125,000.  This listing is currently active and available for showings.

Question 2

When was 7450 STATE, Midvale built?

Accepted Answer

This property was built in 1937, making it 89 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 3

What type of property is 7450 STATE, Midvale?

Accepted Answer

7450 STATE, Midvale is a Commercial Sale (Industrial).

Question 4

Is there an HOA for 7450 STATE, 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 5

What are the property taxes for 7450 STATE, Midvale?

Accepted Answer

Annual property taxes for this property are approximately $8,900 (about $742/month). This represents an effective tax rate of approximately 0.79% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 7450 STATE, Midvale been on the market?

Accepted Answer

This property has been listed for 23 days. The average days on market in Midvale is 56 days, meaning this listing is moving faster than the local average.

Question 7

What schools serve 7450 STATE, Midvale?

Accepted Answer

There are 7 schools within 3 miles of this property. The highest-rated nearby school is Oakdale School with a 60% state performance score (2.9 miles away).

Question 8

What elementary school is near 7450 STATE, Midvale?

Accepted Answer

The nearest elementary school is Grant School (1.8 miles away). State performance score: 54%. District: Murray District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

How good are the schools near 7450 STATE, 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 10

How does this listing compare to the Midvale market?

Accepted Answer

7450 STATE, Midvale is listed at $1,125,000, which is above the Midvale median of $440,000 by $685,000. There are currently 91 active listings in Midvale. Homes in Midvale sell in an average of 56 days. The average sale-to-list ratio is 99.3%.

Question 11

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 91 active listings. Homes sell in an average of 56 days. The average sale-to-list ratio is 99.3%. This listing at $1,125,000 is above the Midvale 2026 median.

Question 12

Are there other homes for sale in Midvale?

Accepted Answer

Yes — there are currently 91 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 13

How does this price compare to the Utah state average?

Accepted Answer

At $1,125,000, this property is above the Utah state median of $517,990 by $607,010. 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 14

What would homeowner's insurance cost for 7450 STATE, 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 $1,125,000, expect approximately $3,375-$5,625/year ($281-$469/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 15

What are the estimated closing costs for 7450 STATE, Midvale?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,125,000, expect approximately $22,500-$56,250 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 16

How does the property tax compare to the list price at 7450 STATE, Midvale?

Accepted Answer

The annual property tax of $8,900 represents an effective rate of 0.79% relative to the list price of $1,125,000. 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 17

Is 7450 STATE, Midvale eligible for FHA or VA financing?

Accepted Answer

At $1,125,000, 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 18

Could 7450 STATE, Midvale be a 1031 exchange property?

Accepted Answer

Yes, 7450 STATE, 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 19

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 20

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 21

Is 7450 STATE, Midvale move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

What updates might 7450 STATE, Midvale need?

Accepted Answer

At 89 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   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 23

Does 7450 STATE, 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 24

What is the lot like at 7450 STATE, Midvale?

Accepted Answer

The lot is 0.4 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

7450 STATE, Midvale, UT 84047

7450 S STATE ST, Midvale, UT 84047

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