Question 1

What is the asking price for 1562 3900, Millcreek?

Accepted Answer

1562 3900, Millcreek is listed at $534,900 ($304/sqft). The original list price was $549,900, representing a reduction of $15,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1562 3900, Millcreek have?

Accepted Answer

This Residential features 2 bedrooms, 3 bathrooms, 1,757 square feet of living space. It is a 3-story home. The lot is 0.02 acres.

Question 3

When was 1562 3900, Millcreek built?

Accepted Answer

This property was built in 2024, making it 2 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 1562 3900, Millcreek?

Accepted Answer

1562 3900, Millcreek is a Residential (Townhouse). The architectural style is Stories: 2. It is located in the THE VILLAS ON 39TH subdivision. Zoning: Multi-Family.

Question 5

Does 1562 3900, 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 1562 3900, Millcreek?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $190 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1562 3900, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1562 3900, Millcreek?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Oven: Double. Exterior features include: Balcony, Deck; Covered, Double Pane Windows, Entry (Foyer), Lighting.    View: Mountain(s).

Question 9

Is 1562 3900, Millcreek a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 18/100. The price is 0% 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 $534,900 (based on 10 homes). At $534,900, this listing is right at the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 1562 3900, Millcreek?

Accepted Answer

Yes, the price has been reduced by 2.7% from the original list price of $549,900 to the current price of $534,900 — a reduction of $15,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1562 3900, Millcreek?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $2,694. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,884. A 15-year mortgage at 5.77% would be $3,558/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1562 3900, 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 14

Is 1562 3900, Millcreek a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $18,133 with a gross rental yield of 3.4%. Net rental yield (after estimated expenses): 2.2%.  Estimated debt service coverage ratio (DSCR): 0.42. Investor score: 35/100. These are estimates based on area comparables.

Question 15

Can 1562 3900, Millcreek be used as a short-term rental?

Accepted Answer

This property shows potential for short-term rental use (Airbnb/VRBO). Estimated annual STR revenue: $18,133 (1.0x long-term rental income). Check local zoning regulations and HOA rules before purchasing for STR purposes — many Utah municipalities have specific short-term rental ordinances.

Question 16

What is the estimated rental income for 1562 3900, Millcreek?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,511 ($18,132/year). The gross rent multiplier is 29.5x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 17

What lifestyle features does 1562 3900, Millcreek offer?

Accepted Answer

Propaired's AI has identified 3 lifestyle features for this property: Luxury Estate, New Construction, Short-Term Rental Potential. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 18

Is 1562 3900, Millcreek new construction?

Accepted Answer

Yes, this is a new construction property built in 2024. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 19

What makes 1562 3900, Millcreek a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 1,757 sqft on 0.02 acres, it offers premium living.    Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 20

What recreation is near 1562 3900, Millcreek?

Accepted Answer

This property has a recreation score of 71/100. Nearby recreation includes: Grandeur Peak trailhead (3.2 mi); Big Cottonwood Regional Park park (0.7 mi); Nibley Park Golf Course (1.9 mi); This Is The Place Heritage Park (4.8 mi). Skiing: Snowbird Ski and Summer Resort (12.7 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 21

Are there hiking trails near 1562 3900, Millcreek?

Accepted Answer

Yes, the nearest trailhead is Grandeur Peak, just 3.2 miles from the property. This Is The Place Heritage Park is 4.8 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 22

What amenities and services are near 1562 3900, Millcreek?

Accepted Answer

This property has an amenity proximity score of 99/100. Nearby services include: Grocery: 7-Eleven (0.2 mi); Hospital: Steven C. Simper, MD, F.A.C.S. (0.2 mi); Pharmacy: Walgreens Pharmacy (0.8 mi); Dining: Dragon Diner (0.2 mi). Gas station: 0.9 miles. Gym: Ultimate Combat Training Center (0.7 mi).

Question 23

How far is the nearest hospital from 1562 3900, Millcreek?

Accepted Answer

The nearest hospital is Steven C. Simper, MD, F.A.C.S., approximately 0.2 miles from the property. The nearest fire station is 1.0 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 24

What schools serve 1562 3900, Millcreek?

Accepted Answer

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

Question 25

What is the internet speed at 1562 3900, Millcreek?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 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: 12.

Question 26

Is 1562 3900, Millcreek in a flood zone?

Accepted Answer

This property is classified as moderate. FEMA flood zone: X (0.2 PCT ANNUAL CHANCE 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

1562 3900, Millcreek is listed at $534,900, which is below the Millcreek median of $599,999 by $65,099. 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 28

How does this price compare to the Utah state average?

Accepted Answer

At $534,900, this property is above the Utah state median of $510,000 by $24,900. 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 29

What is the Propaired intelligence score for 1562 3900, Millcreek?

Accepted Answer

This property has a Propaired intelligence score of 52/100, combining deal value (18), recreation access (71), amenity proximity (99), broadband quality (100), and lifestyle features (3 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What heating and cooling systems does 1562 3900, Millcreek have?

Accepted Answer

Heating: Forced Air,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 31

What type of roof does 1562 3900, Millcreek have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 2-year-old home, reviewing recent roof inspections is recommended.

Question 32

Does 1562 3900, 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 33

What is 1562 3900, Millcreek constructed from?

Accepted Answer

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

Question 34

What type of flooring does 1562 3900, Millcreek have?

Accepted Answer

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

Question 35

What are the water and sewer connections for 1562 3900, Millcreek?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 36

What shopping and dining is near 1562 3900, Millcreek?

Accepted Answer

The nearest restaurant is Dragon Diner (0.2 miles away) and the nearest grocery store is 7-Eleven (0.2 miles). Coffee: Kokopellis Koffee House (0.4 mi). Banking: Chase (0.2 mi). Overall amenity proximity score: 99/100.

Question 37

What would homeowner's insurance cost for 1562 3900, 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 $534,900, expect approximately $1,605-$2,675/year ($134-$223/month).   Get multiple quotes — rates vary significantly by insurer.

Question 38

What are the estimated closing costs for 1562 3900, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $534,900, expect approximately $10,698-$26,745 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 39

How does the property tax compare to the list price at 1562 3900, Millcreek?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $534,900. 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 40

What are the total estimated monthly costs for 1562 3900, Millcreek?

Accepted Answer

Estimated total monthly housing cost: $3,062. This includes principal & interest ($2,694 at 6.46% with 20% down), HOA ($190/mo), and estimated insurance (~$178/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 41

Is 1562 3900, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $534,900, 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 42

What is the estimated cap rate for 1562 3900, Millcreek?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.2%, based on estimated annual rent of $18,133 and a purchase price of $534,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 43

Is Millcreek a good rental market?

Accepted Answer

Estimated monthly rent in Millcreek is approximately $1,510. 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: 3.4%. Utah's steady population growth continues to drive rental demand.

Question 44

Could 1562 3900, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 1562 3900, 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 45

How does 1562 3900, Millcreek compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $534,900. This listing is right at the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $519,900. Comparable analysis is based on similar size, age, and location.

Question 46

Is the Millcreek neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.6% over the past year. The current Zillow Home Value Index for this area is $621,390. This listing is priced at 86% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 47

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 48

Is 1562 3900, Millcreek overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 18/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 49

What school district is 1562 3900, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Crestview. 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 50

What parks are near 1562 3900, Millcreek?

Accepted Answer

The nearest local park is Big Cottonwood Regional Park (0.7 miles away). The nearest state park is This Is The Place Heritage Park (4.8 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 51

Is there a golf course near 1562 3900, Millcreek?

Accepted Answer

The nearest golf course is Nibley Park Golf Course, 1.9 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 52

What water activities are near 1562 3900, Millcreek?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (23.4 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 53

Is 1562 3900, Millcreek move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 54

Does 1562 3900, Millcreek come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 55

What is the lot like at 1562 3900, Millcreek?

Accepted Answer

The lot is 0.02 acres. Lot features: Road: Paved,Sidewalks,Terrain: Grad Slope,View: Mountain. Terrain: Road: Paved, Sidewalks, Terrain, Flat, Terrain: Grad Slope, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 56

What utilities are available at 1562 3900, Millcreek?

Accepted Answer

Available utilities include: Sewer: Public. Water source: Culinary. Sewer: 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 57

Does 1562 3900, Millcreek have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: 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. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 58

Is there EV charging near 1562 3900, Millcreek?

Accepted Answer

The nearest EV charging station is AmpUp Charging Station, approximately 0.3 miles from the property. With a 2-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.

1562 3900, Millcreek, UT 84124

1562 E 3900 S #105, Millcreek, UT 84124

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Schools

Property Intelligence

Recreation & Amenities

All Property Details

Millcreek Market Context

Location

Connect with a Buyer's Agent

Similar Homes

$539,900

$529,900

$509,900

$519,900

$565,000

Find Your Dream Home

Frequently Asked Questions

Discover