Question 1

What is the asking price for 1538 TALO, Millcreek?

Accepted Answer

1538 TALO, Millcreek is listed at $734,999 ($348/sqft). The original list price was $749,999, representing a reduction of $15,000. Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 1538 TALO, Millcreek have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 2,113 square feet of living space. It is a 3-story home. The lot is 0.02 acres.

Question 3

When was 1538 TALO, Millcreek built?

Accepted Answer

This property was built in 2020, making it 6 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 1538 TALO, Millcreek?

Accepted Answer

1538 TALO, Millcreek is a Residential (Townhouse). The architectural style is Stories: 2. It is located in the TALO subdivision. Zoning: Single-Family.

Question 5

Does 1538 TALO, Millcreek have a garage or parking?

Accepted Answer

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

Question 6

Is there an HOA for 1538 TALO, Millcreek?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $225 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1538 TALO, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $4,000 (about $333/month). This represents an effective tax rate of approximately 0.54% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1538 TALO, Millcreek?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Range/Oven: Built-In. Exterior features include: Balcony, Lighting, Sliding Glass Doors.

Question 9

Is 1538 TALO, Millcreek a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 13/100. Key deal signals: 92 days on market — potential negotiation opportunity. The price is 32% 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 Millcreek?

Accepted Answer

The median price for similar properties in the area is $554,900 (based on 9 homes). At $734,999, this listing is 32% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

Has the price been reduced on 1538 TALO, Millcreek?

Accepted Answer

Yes, the price has been reduced by 2.0% from the original list price of $749,999 to the current price of $734,999 — a reduction of $15,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1538 TALO, Millcreek?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $3,567. Including estimated taxes and HOA fees, the total monthly cost is approximately $4,125. A 15-year mortgage at 5.50% would be $4,804/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1538 TALO, Millcreek been on the market?

Accepted Answer

This property has been listed for 99 days. The average days on market in Millcreek is 60 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

Is 1538 TALO, Millcreek a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $24,074 with a gross rental yield of 3.3%. Net rental yield (after estimated expenses): 2.1%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 24/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 1538 TALO, Millcreek?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,006 ($24,072/year). The gross rent multiplier is 30.5x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

Is 1538 TALO, Millcreek near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 12.6 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

What recreation is near 1538 TALO, Millcreek?

Accepted Answer

This property has a recreation score of 69/100. Nearby recreation includes: Grandeur Peak trailhead (3.0 mi); Big Cottonwood Regional Park park (0.8 mi); Nibley Park Golf Course (2.0 mi); This Is The Place Heritage Park (4.7 mi); Capitol Reef NP — Cathedral Valley (160.1 mi). Skiing: Snowbird Ski and Summer Resort (12.6 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 1538 TALO, Millcreek?

Accepted Answer

Yes, the nearest trailhead is Grandeur Peak, just 3.0 miles from the property. This Is The Place Heritage Park is 4.7 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What schools serve 1538 TALO, Millcreek?

Accepted Answer

Assigned schools: Elementary: William Penn; Middle: Olympus; High: Olympus.   School district: Granite.

Question 20

How does this listing compare to the Millcreek market?

Accepted Answer

1538 TALO, Millcreek is listed at $734,999, which is above the Millcreek median of $599,999 by $135,000. There are currently 79 active listings in Millcreek. Homes in Millcreek sell in an average of 60 days. The average sale-to-list ratio is 98.8%.

Question 21

How does this price compare to the Utah state average?

Accepted Answer

At $734,999, this property is above the Utah state median of $510,000 by $224,999. Millcreek prices are 18% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 22

What is the Propaired intelligence score for 1538 TALO, Millcreek?

Accepted Answer

This property has a Propaired intelligence score of 19/100, combining deal value (13), recreation access (69), 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 23

What heating and cooling systems does 1538 TALO, Millcreek have?

Accepted Answer

Heating: Gas: Central. Cooling: Central Air. 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 24

What type of roof does 1538 TALO, Millcreek have?

Accepted Answer

The roof material is Asphalt,Membrane. Asphalt shingles typically last 20-30 years in Utah's climate. With a 6-year-old home, reviewing recent roof inspections is recommended.

Question 25

Does 1538 TALO, Millcreek 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 26

What is 1538 TALO, Millcreek constructed from?

Accepted Answer

Construction materials include: Stone,Stucco,Cement Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 27

What type of flooring does 1538 TALO, Millcreek 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 28

What are the water and sewer connections for 1538 TALO, Millcreek?

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 29

What would homeowner's insurance cost for 1538 TALO, Millcreek?

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 $734,999, expect approximately $2,205-$3,675/year ($184-$306/month).   Get multiple quotes — rates vary significantly by insurer.

Question 30

What are the estimated closing costs for 1538 TALO, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $734,999, expect approximately $14,700-$36,750 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 31

How does the property tax compare to the list price at 1538 TALO, Millcreek?

Accepted Answer

The annual property tax of $4,000 represents an effective rate of 0.54% relative to the list price of $734,999. 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 32

What are the total estimated monthly costs for 1538 TALO, Millcreek?

Accepted Answer

Estimated total monthly housing cost: $4,370. This includes principal & interest ($3,567 at 6.11% with 20% down), property tax ($333/mo), HOA ($225/mo), and estimated insurance (~$245/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 33

Is 1538 TALO, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $734,999, 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 34

What is the estimated cap rate for 1538 TALO, Millcreek?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.1%, based on estimated annual rent of $24,074 and a purchase price of $734,999. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 35

Is Millcreek a good rental market?

Accepted Answer

Estimated monthly rent in Millcreek is approximately $1,764. Homes in Millcreek sell in an average of 60 days, indicating healthy demand in this market. There are 79 active listings currently. Gross rental yield in this area: 3.3%. Utah's steady population growth continues to drive rental demand.

Question 36

Could 1538 TALO, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 1538 TALO, Millcreek 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 1538 TALO, Millcreek compare to recently sold homes nearby?

Accepted Answer

Based on 9 comparable properties, the median sold price in this area is $554,900. This listing is 32% above the comparable median. It ranks Premium among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 38

Is the Millcreek neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.4% over the past year. The current Zillow Home Value Index for this area is $621,390. This listing is priced at 118% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 39

What is the price trend in Millcreek?

Accepted Answer

Millcreek's median price has decreased 11.0% month-over-month. Current median: $599,999. Days on market have increased by 15.4% month-over-month. Homes are selling at 98.8% of list price on average. Monitor these trends to time your offer strategically.

Question 40

Is 1538 TALO, Millcreek overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 32% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 13/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 41

What school district is 1538 TALO, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: William Penn. Assigned middle: Olympus. Assigned high: Olympus. 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 1538 TALO, Millcreek?

Accepted Answer

The nearest local park is Big Cottonwood Regional Park (0.8 miles away). The nearest state park is This Is The Place Heritage Park (4.7 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (160.1 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 1538 TALO, Millcreek?

Accepted Answer

The nearest golf course is Nibley Park Golf Course, 2.0 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 1538 TALO, Millcreek?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (23.2 mi); boat ramp at Great Salt Lake State Marina (19.3 mi); fishing at Provo River (29.2 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 1538 TALO, Millcreek move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 46

Does 1538 TALO, Millcreek 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 47

What is the lot like at 1538 TALO, Millcreek?

Accepted Answer

The lot is 0.02 acres. Lot features: Sidewalks,Sprinkler: Auto-Full. Terrain: Sidewalks, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 48

What utilities are available at 1538 TALO, Millcreek?

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 49

Does 1538 TALO, Millcreek 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.

1538 TALO, Millcreek, UT 84106

1538 E TALO CT, Millcreek, UT 84106

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