Question 1

What is the asking price for 7255 525, Midvale?

Accepted Answer

7255 525, Midvale is listed at $430,000 ($249/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 7255 525, Midvale have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 1,728 square feet of living space. It is a 2-story home. The lot is 0.1 acres.

Question 3

When was 7255 525, Midvale built?

Accepted Answer

This property was built in 1981, making it 45 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 7255 525, Midvale?

Accepted Answer

7255 525, Midvale is a Residential (Condominium). The architectural style is Split-Entry/Bi-Level. It is located in the FORT UNION COVE CONDOMINIUM subdivision. Zoning: Multi-Family.

Question 5

Does 7255 525, Midvale have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 2 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 7255 525, Midvale?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $230 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 7255 525, Midvale?

Accepted Answer

Annual property taxes for this property are approximately $2,555 (about $213/month). This represents an effective tax rate of approximately 0.59% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 7255 525, Midvale?

Accepted Answer

Interior features include: Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Vaulted Ceilings. Exterior features include: Balcony, Basement Entrance, Double Pane Windows, Sliding Glass Doors.

Question 9

Is 7255 525, Midvale a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 14/100. Key deal signals: 4.4% gross rental yield. The price is 14% 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 Midvale?

Accepted Answer

The median price for similar properties in the area is $377,000 (based on 10 homes). At $430,000, this listing is 14% above the median for comparable homes. It ranks #Above Similar among similar listings by value.

Question 11

What would the monthly mortgage payment be for 7255 525, Midvale?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $2,087. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,530. A 15-year mortgage at 5.50% would be $2,811/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 7255 525, Midvale been on the market?

Accepted Answer

This property has been listed for 6 days. The average days on market in Midvale is 61 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 7255 525, Midvale a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $18,726 with a gross rental yield of 4.3%. Net rental yield (after estimated expenses): 2.8%.  Estimated debt service coverage ratio (DSCR): 0.56. Investor score: 36/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 7255 525, Midvale?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,561 ($18,732/year). The gross rent multiplier is 23.0x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What schools serve 7255 525, Midvale?

Accepted Answer

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

Question 16

How does this listing compare to the Midvale market?

Accepted Answer

7255 525, Midvale is listed at $430,000, which is below the Midvale median of $437,400 by $7,400. 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 17

How does this price compare to the Utah state average?

Accepted Answer

At $430,000, this property is below the Utah state median of $510,000 by $80,000. 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 18

What is the Propaired intelligence score for 7255 525, Midvale?

Accepted Answer

This property has a Propaired intelligence score of 6/100, combining deal value (14), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 19

What heating and cooling systems does 7255 525, Midvale have?

Accepted Answer

Heating: Gas: Central,>= 95% efficiency. 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 20

What type of roof does 7255 525, Midvale have?

Accepted Answer

The roof material is Asphalt,Pitched. Asphalt shingles typically last 20-30 years in Utah's climate. With a 45-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 7255 525, Midvale have a basement?

Accepted Answer

Yes, the basement is described as: Partial. 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 22

What is 7255 525, Midvale constructed from?

Accepted Answer

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

Question 23

What type of flooring does 7255 525, Midvale have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 24

What are the water and sewer connections for 7255 525, Midvale?

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 25

What would homeowner's insurance cost for 7255 525, 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 $430,000, expect approximately $1,290-$2,150/year ($108-$179/month).   Get multiple quotes — rates vary significantly by insurer.

Question 26

What are the estimated closing costs for 7255 525, Midvale?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $430,000, expect approximately $8,600-$21,500 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 27

How does the property tax compare to the list price at 7255 525, Midvale?

Accepted Answer

The annual property tax of $2,555 represents an effective rate of 0.59% relative to the list price of $430,000. 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 28

What are the total estimated monthly costs for 7255 525, Midvale?

Accepted Answer

Estimated total monthly housing cost: $2,673. This includes principal & interest ($2,087 at 6.11% with 20% down), property tax ($213/mo), HOA ($230/mo), and estimated insurance (~$143/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 29

Is 7255 525, Midvale eligible for FHA or VA financing?

Accepted Answer

At $430,000, 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 30

What is the estimated cap rate for 7255 525, Midvale?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.8%, based on estimated annual rent of $18,726 and a purchase price of $430,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 31

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: 4.3%. Utah's steady population growth continues to drive rental demand.

Question 32

Could 7255 525, Midvale be a 1031 exchange property?

Accepted Answer

Yes, 7255 525, 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 33

How does 7255 525, Midvale compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $377,000. This listing is 14% above the comparable median. It ranks Above Similar among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 34

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 89% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 35

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 36

Is 7255 525, Midvale overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 14% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 14/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 37

What school district is 7255 525, Midvale in?

Accepted Answer

This property is in the Canyons school district. Assigned elementary: Ridgecrest. 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 38

Is 7255 525, Midvale move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 39

What updates might 7255 525, Midvale need?

Accepted Answer

At 45 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt,Pitched. Current heating: Gas: Central,>= 95% efficiency. 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 40

Does 7255 525, 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 41

What is the lot like at 7255 525, Midvale?

Accepted Answer

The lot is 0.1 acres. Lot features: Fenced: Full,Road: Paved,Sprinkler: Auto-Full. Terrain: Fenced: Full, Road: Paved, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 42

What utilities are available at 7255 525, Midvale?

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 43

Does 7255 525, Midvale have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central,>= 95% efficiency. 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.

7255 525, Midvale, UT 84047

7255 S 525 E, Midvale, UT 84047

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