Question 1

What is the asking price for 718 ELGIN, Millcreek?

Accepted Answer

718 ELGIN, Millcreek is listed at $625,000 ($256/sqft). The original list price was $699,000, representing a reduction of $74,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 718 ELGIN, Millcreek have?

Accepted Answer

This Residential features 5 bedrooms, 2 bathrooms, 2,445 square feet of living space. It is a 2-story home. The lot is 0.14 acres.

Question 3

When was 718 ELGIN, Millcreek built?

Accepted Answer

This property was built in 1953, making it 73 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 718 ELGIN, Millcreek?

Accepted Answer

718 ELGIN, Millcreek is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 718 ELGIN, 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 718 ELGIN, 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 718 ELGIN, Millcreek?

Accepted Answer

Annual property taxes for this property are approximately $3,249 (about $271/month). This represents an effective tax rate of approximately 0.52% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 718 ELGIN, Millcreek?

Accepted Answer

Interior features include: Den/Office, Great Room. Exterior features include: Double Pane Windows, Patio: Covered, Storm Doors. The home has 2 fireplaces.

Question 9

Is 718 ELGIN, Millcreek a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Motivated Seller" with a deal score of 90/100. Key deal signals: Priced 9% below market value; 11% price reduction from original list; $790/mo LT net cash flow (+18.6% return on spend). The price is 4% 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 $600,000 (based on 10 homes). At $625,000, this listing is 4% above the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 718 ELGIN, Millcreek?

Accepted Answer

Yes, the price has been reduced by 10.6% from the original list price of $699,000 to the current price of $625,000 — a reduction of $74,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 718 ELGIN, Millcreek?

Accepted Answer

At the current 30-year mortgage rate of 6.47% with 20% down, the estimated monthly principal and interest payment is $3,150. Including estimated taxes, the total monthly cost is approximately $3,421. A 15-year mortgage at 5.81% would be $4,168/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 718 ELGIN, Millcreek been on the market?

Accepted Answer

This property has been listed for 52 days. The average days on market in Millcreek is 45 days, meaning this listing is taking longer than the local average.

Question 14

Is 718 ELGIN, Millcreek a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $68,784 with a gross rental yield of 11.0%. Net rental yield (after estimated expenses): 7.2%.  Estimated debt service coverage ratio (DSCR): 1.60. Investor score: 57/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 718 ELGIN, Millcreek?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $5,732 ($68,784/year). The gross rent multiplier is 9.1x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 718 ELGIN, Millcreek offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, Investor Special. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.

Question 17

What recreation is near 718 ELGIN, Millcreek?

Accepted Answer

This property has a recreation score of 66/100. Nearby recreation includes: James Madison trailhead (2.6 mi); Mini Park #2 park (0.2 mi); Nibley Park Golf Course (0.3 mi); This Is The Place Heritage Park (4.5 mi). Skiing: Snowbird Ski and Summer Resort (14.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 718 ELGIN, Millcreek?

Accepted Answer

Yes, the nearest trailhead is James Madison, just 2.6 miles from the property. This Is The Place Heritage Park is 4.5 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 718 ELGIN, Millcreek?

Accepted Answer

This property has an amenity proximity score of 86/100. Nearby services include: Grocery: Ma & Paws Bakery...& DIY Dog Wash (1.0 mi); Hospital: Dermatology for Animals - Salt Lake City (0.7 mi); Pharmacy: Walgreens Pharmacy (1.3 mi); Dining: Hruska's Kolaches (1.5 mi). Gas station: 1.0 miles. Gym: Epic Fitness (1.6 mi).

Question 20

How far is the nearest hospital from 718 ELGIN, Millcreek?

Accepted Answer

The nearest hospital is Dermatology for Animals - Salt Lake City, approximately 0.7 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 21

What schools serve 718 ELGIN, Millcreek?

Accepted Answer

Assigned schools: Elementary: Roosevelt; Middle: Evergreen; High: Olympus. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Olympus High with a 62% state performance score (2.9 miles away). School district: Granite.

Question 22

What high school is near 718 ELGIN, Millcreek?

Accepted Answer

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

Question 23

What elementary school is near 718 ELGIN, Millcreek?

Accepted Answer

The nearest elementary school is Roosevelt (1.7 miles away). State performance score: 58%. District: Granite District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 24

What middle school is near 718 ELGIN, Millcreek?

Accepted Answer

The nearest middle school is Evergreen.

Question 25

How good are the schools near 718 ELGIN, Millcreek?

Accepted Answer

Of the 5 schools within 3 miles, 5 have state performance data with an average score of 59%.  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 26

What is the internet speed at 718 ELGIN, 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: 13.

Question 27

Is 718 ELGIN, 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 28

How does this listing compare to the Millcreek market?

Accepted Answer

718 ELGIN, Millcreek is listed at $625,000, which is below the Millcreek median of $635,000 by $10,000. There are currently 125 active listings in Millcreek. Homes in Millcreek sell in an average of 45 days. The average sale-to-list ratio is 98.8%.

Question 29

What is the Millcreek real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Millcreek is $635,000. There are currently 125 active listings. Homes sell in an average of 45 days. The average sale-to-list ratio is 98.8%. This listing at $625,000 is below the Millcreek 2026 median.

Question 30

Are there other homes for sale in Millcreek?

Accepted Answer

Yes — there are currently 125 active listings in Millcreek. Browse all Millcreek homes for sale at propaired.ai/listings/ut/millcreek. Prices range around a median of $635,000. Homes in Millcreek are selling in about 45 days on average.

Question 31

How does this price compare to the Utah state average?

Accepted Answer

At $625,000, this property is above the Utah state median of $524,900 by $100,100. Millcreek prices are 21% 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 32

What is the Propaired intelligence score for 718 ELGIN, Millcreek?

Accepted Answer

This property has a Propaired intelligence score of 74/100, combining deal value (90), recreation access (66), amenity proximity (86), broadband quality (100), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 33

What heating and cooling systems does 718 ELGIN, Millcreek have?

Accepted Answer

Heating: Forced Air. 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 34

What type of roof does 718 ELGIN, Millcreek have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 73-year-old home, reviewing recent roof inspections is recommended.

Question 35

Does 718 ELGIN, 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 36

What is 718 ELGIN, Millcreek constructed from?

Accepted Answer

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

Question 37

What type of flooring does 718 ELGIN, 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 38

What are the water and sewer connections for 718 ELGIN, 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 39

What shopping and dining is near 718 ELGIN, Millcreek?

Accepted Answer

The nearest restaurant is Hruska's Kolaches (1.5 miles away) and the nearest grocery store is Ma & Paws Bakery...& DIY Dog Wash (1.0 miles). Coffee: Higher Ground Coffee (2.1 mi). Banking: Canyon View Credit Union (0.9 mi). Overall amenity proximity score: 86/100.

Question 40

What would homeowner's insurance cost for 718 ELGIN, 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 $625,000, expect approximately $1,875-$3,125/year ($156-$260/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 41

What are the estimated closing costs for 718 ELGIN, Millcreek?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $625,000, expect approximately $12,500-$31,250 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 42

How does the property tax compare to the list price at 718 ELGIN, Millcreek?

Accepted Answer

The annual property tax of $3,249 represents an effective rate of 0.52% relative to the list price of $625,000. 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 43

What are the total estimated monthly costs for 718 ELGIN, Millcreek?

Accepted Answer

Estimated total monthly housing cost: $3,629. This includes principal & interest ($3,150 at 6.47% with 20% down), property tax ($271/mo), and estimated insurance (~$208/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 44

Is 718 ELGIN, Millcreek eligible for FHA or VA financing?

Accepted Answer

At $625,000, 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 45

What is the estimated cap rate for 718 ELGIN, Millcreek?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 7.2%, based on estimated annual rent of $68,784 and a purchase price of $625,000. A cap rate above 6% is generally considered strong for residential investment.

Question 46

Is Millcreek a good rental market?

Accepted Answer

Estimated monthly rent in Millcreek is approximately $4,694. Homes in Millcreek sell in an average of 45 days, indicating healthy demand in this market. There are 125 active listings currently. Gross rental yield in this area: 11.0%. Utah's steady population growth continues to drive rental demand.

Question 47

Could 718 ELGIN, Millcreek be a 1031 exchange property?

Accepted Answer

Yes, 718 ELGIN, 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 48

How does 718 ELGIN, Millcreek compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $600,000. This listing is 4% above the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $775,545. Comparable analysis is based on similar size, age, and location.

Question 49

Is the Millcreek neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.5% over the past year. The current Zillow Home Value Index for this area is $414,075. This listing is priced at 151% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 50

What is the price trend in Millcreek?

Accepted Answer

Millcreek's median price has increased 22.9% month-over-month. Current median: $635,000. Days on market have decreased by 8.1% month-over-month. Homes are selling at 98.8% of list price on average. Monitor these trends to time your offer strategically.

Question 51

Is 718 ELGIN, Millcreek overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Motivated Seller." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 90/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 52

What school district is 718 ELGIN, Millcreek in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Roosevelt. 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 53

How do nearby schools rank statewide?

Accepted Answer

Of the 5 nearby schools with state rankings, the highest-ranked is Rosecrest School at #151 statewide (59% performance score). Other ranked nearby schools include Emerson School (#168) and William Penn School (#191). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 54

What parks are near 718 ELGIN, Millcreek?

Accepted Answer

The nearest local park is Mini Park #2 (0.2 miles away). The nearest state park is This Is The Place Heritage Park (4.5 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 55

Is there a golf course near 718 ELGIN, Millcreek?

Accepted Answer

The nearest golf course is Nibley Park Golf Course, 0.3 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 56

What water activities are near 718 ELGIN, Millcreek?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (24.9 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 57

Is 718 ELGIN, Millcreek move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 58

What updates might 718 ELGIN, Millcreek need?

Accepted Answer

At 73 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. 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 59

Does 718 ELGIN, 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 60

What is the lot like at 718 ELGIN, Millcreek?

Accepted Answer

The lot is 0.14 acres. Lot features: Fenced: Full,Road: Paved,Sprinkler: Auto-Full. Terrain: Fenced: Full, Road: Paved, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 61

What utilities are available at 718 ELGIN, 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 62

Is there EV charging near 718 ELGIN, Millcreek?

Accepted Answer

The nearest EV charging station is ZEF Charging Station, approximately 0.4 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.

718 ELGIN, Millcreek, UT 84106

718 E ELGIN AVE, Millcreek, UT 84106

About This Property

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Recreation NearbyScore: 66/100

Amenities NearbyScore: 86/100

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