Question 1

What is the asking price for 3981 500, Millcreek?

Accepted Answer

3981 500, Millcreek is listed at $720,000 ($221/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 3981 500, Millcreek have?

Accepted Answer

This Residential features 6 bedrooms, 5 bathrooms, 3,254 square feet of living space.  The lot is 0.34 acres.

Question 3

When was 3981 500, Millcreek built?

Accepted Answer

This property was built in 1894, making it 132 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 3981 500, Millcreek?

Accepted Answer

3981 500, Millcreek is a Residential (Duplex). The architectural style is Stories: 2. It is located in the PLAT A subdivision. Zoning: Single-Family, Multi-Family.

Question 5

Does 3981 500, Millcreek have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 10 open parking spaces and a carport. Total parking capacity: 14 vehicles.

Question 6

Is there an HOA for 3981 500, 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 3981 500, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $5,011 (about $418/month). This represents an effective tax rate of approximately 0.70% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 3981 500, Millcreek?

Accepted Answer

Interior features include: Kitchen: Updated, Granite Countertops. Exterior features include: Double Pane Windows, Patio: Covered.    View: Mountain(s).

Question 9

How long has 3981 500, Millcreek been on the market?

Accepted Answer

This property has been listed for 41 days. The average days on market in Millcreek is 60 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 3981 500, Millcreek?

Accepted Answer

Assigned schools: Elementary: James E. Moss; Middle: Bonneville; High: Cottonwood.   School district: Granite.

Question 11

How does this listing compare to the Millcreek market?

Accepted Answer

3981 500, Millcreek is listed at $720,000, which is above the Millcreek median of $599,999 by $120,001. 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 12

How does this price compare to the Utah state average?

Accepted Answer

At $720,000, this property is above the Utah state median of $510,000 by $210,000. 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 13

What heating and cooling systems does 3981 500, Millcreek have?

Accepted Answer

Heating: Electric,Forced Air,Gas: Central. Cooling system details are not listed. 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 14

What type of roof does 3981 500, Millcreek have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 132-year-old home, reviewing recent roof inspections is recommended.

Question 15

What is 3981 500, Millcreek constructed from?

Accepted Answer

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

Question 16

What type of flooring does 3981 500, 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 17

What are the water and sewer connections for 3981 500, Millcreek?

Accepted Answer

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

Question 18

What would homeowner's insurance cost for 3981 500, 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 $720,000, expect approximately $2,160-$3,600/year ($180-$300/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 3981 500, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $720,000, expect approximately $14,400-$36,000 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 20

How does the property tax compare to the list price at 3981 500, Millcreek?

Accepted Answer

The annual property tax of $5,011 represents an effective rate of 0.70% relative to the list price of $720,000. 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 21

Is 3981 500, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $720,000, 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 22

Could 3981 500, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 3981 500, 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 23

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 24

What school district is 3981 500, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: James E. Moss. Assigned middle: Bonneville. 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 25

Is 3981 500, Millcreek move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

What updates might 3981 500, Millcreek need?

Accepted Answer

At 132 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Electric,Forced Air,Gas: Central. 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 27

Does 3981 500, 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 28

What is the lot like at 3981 500, Millcreek?

Accepted Answer

The lot is 0.34 acres. Lot features: Corner Lot,Fenced: Part,View: Mountain. Terrain: Corner Lot, Fenced: Part, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 29

What utilities are available at 3981 500, Millcreek?

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.

Question 30

Does 3981 500, Millcreek have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Electric,Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating.  Natural gas availability also supports gas ranges, water heaters, and fireplaces.

3981 500, Millcreek, UT 84107

3981 S 500 E, Millcreek, UT 84107

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