Question 1

What is the asking price for 874 GREGSON, Millcreek?

Accepted Answer

874 GREGSON, Millcreek is listed at $579,000 ($379/sqft). The original list price was $699,000, representing a reduction of $120,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 874 GREGSON, Millcreek have?

Accepted Answer

This Residential features 4 bedrooms, 2 bathrooms, 1,526 square feet of living space. It is a 2-story home. The lot is 0.21 acres.

Question 3

When was 874 GREGSON, Millcreek built?

Accepted Answer

This property was built in 1950, making it 76 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 874 GREGSON, Millcreek?

Accepted Answer

874 GREGSON, Millcreek is a Residential (Twin). The architectural style is Bungalow/Cottage. It is located in the PLAT A subdivision. Zoning: Multi-Family.

Question 5

Does 874 GREGSON, Millcreek have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 4 open parking spaces. Total parking capacity: 5 vehicles.

Question 6

Is there an HOA for 874 GREGSON, Millcreek?

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 874 GREGSON, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $3,400 (about $283/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

Is 874 GREGSON, Millcreek a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 88/100. Key deal signals: 17% price reduction from original list; 104.0 days on market — potential negotiation opportunity. The price is 45% 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 Millcreek?

Accepted Answer

The median price for similar properties in the area is $399,900 (based on 3 homes). At $579,000, this listing is 45% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 10

Has the price been reduced on 874 GREGSON, Millcreek?

Accepted Answer

Yes, the price has been reduced by 17.2% from the original list price of $699,000 to the current price of $579,000 — a reduction of $120,000. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 874 GREGSON, Millcreek?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $2,885. Including estimated taxes, the total monthly cost is approximately $3,168. A 15-year mortgage at 5.71% would be $3,837/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 874 GREGSON, Millcreek been on the market?

Accepted Answer

This property has been listed for 104 days. The average days on market in Millcreek is 52 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 874 GREGSON, Millcreek a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $41,646 with a gross rental yield of 7.2%. Net rental yield (after estimated expenses): 4.7%.  Estimated debt service coverage ratio (DSCR): 1.06. Investor score: 56/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 874 GREGSON, Millcreek?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $3,471 ($41,652/year). The gross rent multiplier is 13.9x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 874 GREGSON, Millcreek offer?

Accepted Answer

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

Question 16

What recreation is near 874 GREGSON, Millcreek?

Accepted Answer

This property has a recreation score of 67/100. Nearby recreation includes: James Madison trailhead (2.9 mi); Scott Avenue Park park (0.3 mi); Nibley Park Golf Course (0.7 mi); This Is The Place Heritage Park (4.6 mi). Skiing: Snowbird Ski and Summer Resort (13.9 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 17

Are there hiking trails near 874 GREGSON, Millcreek?

Accepted Answer

Yes, the nearest trailhead is James Madison, just 2.9 miles from the property. This Is The Place Heritage Park is 4.6 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 874 GREGSON, Millcreek?

Accepted Answer

This property has an amenity proximity score of 89/100. Nearby services include: Grocery: Ma & Paws Bakery...& DIY Dog Wash (0.6 mi); Hospital: Dermatology for Animals - Salt Lake City (0.3 mi); Pharmacy: Walgreens Pharmacy (0.9 mi); Dining: Aubergine Kitchen (1.8 mi). Gas station: 0.6 miles. Gym: Epic Fitness (1.3 mi).

Question 19

How far is the nearest hospital from 874 GREGSON, Millcreek?

Accepted Answer

The nearest hospital is Dermatology for Animals - Salt Lake City, approximately 0.3 miles from the property. The nearest fire station is 0.9 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 20

What schools serve 874 GREGSON, Millcreek?

Accepted Answer

Assigned schools: Elementary: Woodstock; Middle: Bennion; High: Cottonwood. There are 6 schools within 3 miles of this property. The highest-rated nearby school is Olympus High with a 62% state performance score (2.6 miles away). School district: Granite.

Question 21

What high school is near 874 GREGSON, Millcreek?

Accepted Answer

The nearest high school is Cottonwood. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 22

What elementary school is near 874 GREGSON, Millcreek?

Accepted Answer

The nearest elementary school is Woodstock (1.5 miles away). State performance score: 58%. District: Granite District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 23

What middle school is near 874 GREGSON, Millcreek?

Accepted Answer

The nearest middle school is Bennion.

Question 24

How good are the schools near 874 GREGSON, Millcreek?

Accepted Answer

Of the 6 schools within 3 miles, 6 have state performance data with an average score of 58%.  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 25

What is the internet speed at 874 GREGSON, Millcreek?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 14.

Question 26

Is 874 GREGSON, Millcreek in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 27

How does this listing compare to the Millcreek market?

Accepted Answer

874 GREGSON, Millcreek is listed at $579,000, which is below the Millcreek median of $632,700 by $53,700. There are currently 105 active listings in Millcreek. Homes in Millcreek sell in an average of 52 days. The average sale-to-list ratio is 98.9%.

Question 28

What is the Millcreek real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Millcreek is $632,700. There are currently 105 active listings. Homes sell in an average of 52 days. The average sale-to-list ratio is 98.9%. This listing at $579,000 is below the Millcreek 2026 median.

Question 29

Are there other homes for sale in Millcreek?

Accepted Answer

Yes — there are currently 105 active listings in Millcreek. Browse all Millcreek homes for sale at propaired.ai/listings/ut/millcreek. Prices range around a median of $632,700. Homes in Millcreek are selling in about 52 days on average.

Question 30

How does this price compare to the Utah state average?

Accepted Answer

At $579,000, this property is above the Utah state median of $518,888 by $60,112. Millcreek prices are 22% 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 31

What is the Propaired intelligence score for 874 GREGSON, Millcreek?

Accepted Answer

This property has a Propaired intelligence score of 64/100, combining deal value (88), recreation access (67), amenity proximity (89), broadband quality (100), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 32

Does 874 GREGSON, Millcreek 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 33

What are the water and sewer connections for 874 GREGSON, Millcreek?

Accepted Answer

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

Question 34

What shopping and dining is near 874 GREGSON, Millcreek?

Accepted Answer

The nearest restaurant is Aubergine Kitchen (1.8 miles away) and the nearest grocery store is Ma & Paws Bakery...& DIY Dog Wash (0.6 miles). Coffee: Higher Ground Coffee (1.8 mi). Banking: America First Credit Union (0.7 mi). Overall amenity proximity score: 89/100.

Question 35

What would homeowner's insurance cost for 874 GREGSON, 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 $579,000, expect approximately $1,737-$2,895/year ($145-$241/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 874 GREGSON, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $579,000, expect approximately $11,580-$28,950 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 37

How does the property tax compare to the list price at 874 GREGSON, Millcreek?

Accepted Answer

The annual property tax of $3,400 represents an effective rate of 0.59% relative to the list price of $579,000. 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 38

What are the total estimated monthly costs for 874 GREGSON, Millcreek?

Accepted Answer

Estimated total monthly housing cost: $3,361. This includes principal & interest ($2,885 at 6.36% with 20% down), property tax ($283/mo), and estimated insurance (~$193/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 874 GREGSON, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $579,000, 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 40

What is the estimated cap rate for 874 GREGSON, Millcreek?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 4.7%, based on estimated annual rent of $41,646 and a purchase price of $579,000. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 41

Is Millcreek a good rental market?

Accepted Answer

Estimated monthly rent in Millcreek is approximately $2,701. Homes in Millcreek sell in an average of 52 days, indicating healthy demand in this market. There are 105 active listings currently. Gross rental yield in this area: 7.2%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 874 GREGSON, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 874 GREGSON, 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 43

How does 874 GREGSON, Millcreek compare to recently sold homes nearby?

Accepted Answer

Based on 3 comparable properties, the median sold price in this area is $399,900. This listing is 45% above the comparable median. It ranks Premium among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 44

Is the Millcreek neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.0% over the past year. The current Zillow Home Value Index for this area is $242,894. This listing is priced at 238% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

What is the price trend in Millcreek?

Accepted Answer

Millcreek's median price has decreased 1.5% month-over-month. Current median: $632,700. Days on market have decreased by 32.4% month-over-month. Homes are selling at 98.9% of list price on average. Monitor these trends to time your offer strategically.

Question 46

Is 874 GREGSON, Millcreek overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 45% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 88/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 874 GREGSON, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Woodstock. Assigned middle: Bennion. Assigned high: Cottonwood. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 48

How do nearby schools rank statewide?

Accepted Answer

Of the 6 nearby schools with state rankings, the highest-ranked is Rosecrest School at #151 statewide (59% performance score). Other ranked nearby schools include William Penn School (#191) and Horizon School (#217). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 49

What parks are near 874 GREGSON, Millcreek?

Accepted Answer

The nearest local park is Scott Avenue Park (0.3 miles away). The nearest state park is This Is The Place Heritage Park (4.6 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 50

Is there a golf course near 874 GREGSON, Millcreek?

Accepted Answer

The nearest golf course is Nibley Park Golf Course, 0.7 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 51

What water activities are near 874 GREGSON, Millcreek?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (24.4 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 52

Is 874 GREGSON, Millcreek move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 53

What updates might 874 GREGSON, Millcreek need?

Accepted Answer

At 76 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 54

Does 874 GREGSON, 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 55

What is the lot like at 874 GREGSON, Millcreek?

Accepted Answer

The lot is 0.21 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 56

What utilities are available at 874 GREGSON, Millcreek?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected.  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.

Question 57

Is there EV charging near 874 GREGSON, Millcreek?

Accepted Answer

The nearest EV charging station is ZEF Charging Station, approximately 0.3 miles from the property. With a 1-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

874 GREGSON, Millcreek, UT 84106

874 E GREGSON AVE, Millcreek, UT 84106

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Amenities NearbyScore: 89/100

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