Question 1

What is the asking price for 2856 LAKEVIEW, Millcreek?

Accepted Answer

2856 LAKEVIEW, Millcreek is listed at $699,000 ($388/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 2856 LAKEVIEW, Millcreek have?

Accepted Answer

This Residential features 4 bedrooms, 2 bathrooms, 1,800 square feet of living space. It is a 2-story home. The lot is 0.16 acres.

Question 3

When was 2856 LAKEVIEW, Millcreek built?

Accepted Answer

This property was built in 1948, making it 78 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 2856 LAKEVIEW, Millcreek?

Accepted Answer

2856 LAKEVIEW, Millcreek is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the LAKEVIEW HEIGHTS AMD subdivision. Zoning: Single-Family.

Question 5

Does 2856 LAKEVIEW, Millcreek have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 6 open parking spaces. Total parking capacity: 8 vehicles.

Question 6

Is there an HOA for 2856 LAKEVIEW, 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 2856 LAKEVIEW, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $4,044 (about $337/month). This represents an effective tax rate of approximately 0.58% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 2856 LAKEVIEW, Millcreek?

Accepted Answer

Interior features include: Disposal, Range: Countertop, Granite Countertops. Exterior features include: Double Pane Windows, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 2856 LAKEVIEW, Millcreek a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 19/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 2856 LAKEVIEW, Millcreek?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $3,392. Including estimated taxes, the total monthly cost is approximately $3,729. A 15-year mortgage at 5.50% would be $4,569/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 2856 LAKEVIEW, Millcreek been on the market?

Accepted Answer

This property has been listed for 4 days. The average days on market in Millcreek is 60 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 12

Is 2856 LAKEVIEW, Millcreek a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $14,820 with a gross rental yield of 2.1%. Net rental yield (after estimated expenses): 1.4%.  Estimated debt service coverage ratio (DSCR): 0.27. Investor score: 28/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 2856 LAKEVIEW, Millcreek?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,235 ($14,820/year). The gross rent multiplier is 47.2x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

What lifestyle features does 2856 LAKEVIEW, Millcreek offer?

Accepted Answer

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

Question 15

Is 2856 LAKEVIEW, Millcreek near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 12.8 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 16

Is 2856 LAKEVIEW, Millcreek a fixer-upper?

Accepted Answer

This property has been identified as a fixer-upper opportunity, meaning it may need renovation or updates but is priced accordingly.  Get a thorough home inspection and renovation estimates before making an offer. An FHA 203(k) or Fannie Mae HomeStyle renovation loan may be applicable.

Question 17

What recreation is near 2856 LAKEVIEW, Millcreek?

Accepted Answer

This property has a recreation score of 85/100. Nearby recreation includes: Grandeur Peak trailhead (1.4 mi); Tanner Park park (0.3 mi); The Country Club (0.8 mi); This Is The Place Heritage Park (3.0 mi); Capitol Reef NP — Cathedral Valley (161.3 mi). Skiing: Snowbird Ski and Summer Resort (12.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 2856 LAKEVIEW, Millcreek?

Accepted Answer

Yes, the nearest trailhead is Grandeur Peak, just 1.4 miles from the property. This Is The Place Heritage Park is 3.0 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 2856 LAKEVIEW, Millcreek?

Accepted Answer

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

Question 20

How does this listing compare to the Millcreek market?

Accepted Answer

2856 LAKEVIEW, Millcreek is listed at $699,000, which is above the Millcreek median of $599,999 by $99,001. 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 21

How does this price compare to the Utah state average?

Accepted Answer

At $699,000, this property is above the Utah state median of $510,000 by $189,000. 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 22

What is the Propaired intelligence score for 2856 LAKEVIEW, Millcreek?

Accepted Answer

This property has a Propaired intelligence score of 35/100, combining deal value (19), recreation access (85), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 23

What heating and cooling systems does 2856 LAKEVIEW, Millcreek have?

Accepted Answer

Heating: Forced Air,Gas: Central. 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 24

What type of roof does 2856 LAKEVIEW, Millcreek have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 78-year-old home, reviewing recent roof inspections is recommended.

Question 25

Does 2856 LAKEVIEW, 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 26

What is 2856 LAKEVIEW, Millcreek constructed from?

Accepted Answer

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

Question 27

What type of flooring does 2856 LAKEVIEW, Millcreek have?

Accepted Answer

Flooring types include: Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 28

What are the water and sewer connections for 2856 LAKEVIEW, Millcreek?

Accepted Answer

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

Question 29

What would homeowner's insurance cost for 2856 LAKEVIEW, 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 $699,000, expect approximately $2,097-$3,495/year ($175-$291/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 30

What are the estimated closing costs for 2856 LAKEVIEW, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $699,000, expect approximately $13,980-$34,950 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 31

How does the property tax compare to the list price at 2856 LAKEVIEW, Millcreek?

Accepted Answer

The annual property tax of $4,044 represents an effective rate of 0.58% relative to the list price of $699,000. 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 32

What are the total estimated monthly costs for 2856 LAKEVIEW, Millcreek?

Accepted Answer

Estimated total monthly housing cost: $3,962. This includes principal & interest ($3,392 at 6.11% with 20% down), property tax ($337/mo), and estimated insurance (~$233/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 33

Is 2856 LAKEVIEW, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $699,000, 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.  FHA 203(k) renovation loans may be an option for this property.  Consult a mortgage lender for personalized eligibility.

Question 34

What is the estimated cap rate for 2856 LAKEVIEW, Millcreek?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.4%, based on estimated annual rent of $14,820 and a purchase price of $699,000. 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 $2,016. 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: 2.1%. Utah's steady population growth continues to drive rental demand.

Question 36

Could 2856 LAKEVIEW, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 2856 LAKEVIEW, 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

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 113% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 38

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 39

What school district is 2856 LAKEVIEW, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Rosecrest. Assigned middle: Evergreen. 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 40

What parks are near 2856 LAKEVIEW, Millcreek?

Accepted Answer

The nearest local park is Tanner Park (0.3 miles away). The nearest state park is This Is The Place Heritage Park (3.0 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (161.3 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 41

Is there a golf course near 2856 LAKEVIEW, Millcreek?

Accepted Answer

The nearest golf course is The Country Club, 0.8 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 42

What water activities are near 2856 LAKEVIEW, Millcreek?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (22.4 mi); boat ramp at East Canyon (19.2 mi); fishing at Weber River (27.5 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 43

Is 2856 LAKEVIEW, Millcreek move-in ready?

Accepted Answer

This property has been identified as a fixer-upper and likely requires renovation before occupying.

Question 44

What updates might 2856 LAKEVIEW, Millcreek need?

Accepted Answer

At 78 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: 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 45

Does 2856 LAKEVIEW, 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 46

What is the lot like at 2856 LAKEVIEW, Millcreek?

Accepted Answer

The lot is 0.16 acres. Lot features: Curb & Gutter,Fenced: Full,Road: Paved,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Part. Terrain: Curb & Gutter, Fenced: Full, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Part. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 47

What utilities are available at 2856 LAKEVIEW, 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 48

Does 2856 LAKEVIEW, 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.

2856 LAKEVIEW, Millcreek, UT 84109

2856 S LAKEVIEW DR, Millcreek, UT 84109

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