Question 1

What is the asking price for this property, Monroe?

Accepted Answer

this property, Monroe is listed at $999,999. The original list price was $1,575,000, representing a reduction of $575,001. This listing is currently active and available for showings.

Question 2

What type of property is this property, Monroe?

Accepted Answer

this property, Monroe is a Land (Agriculture).   Zoning: Agricultural.

Question 3

Is there an HOA for this property, Monroe?

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 4

What are the property taxes for this property, Monroe?

Accepted Answer

Annual property taxes for this property are approximately $150 (about $13/month). This represents an effective tax rate of approximately 0.02% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

What are the key features of this property, Monroe?

Accepted Answer

Exterior features include: Out Buildings.

Question 6

How long has this property, Monroe been on the market?

Accepted Answer

This property has been listed for 230 days. The average days on market in Monroe is 118 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 7

Is this property, Monroe suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 198-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 8

What schools serve this property, Monroe?

Accepted Answer

Assigned schools: Elementary: Monroe; Middle: South Sevier; High: South Sevier.   School district: Sevier.

Question 9

What high school is near this property, Monroe?

Accepted Answer

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

Question 10

What elementary school is near this property, Monroe?

Accepted Answer

The nearest elementary school is Monroe. Propaired provides full school ratings and comparison data for all schools in this area.

Question 11

What middle school is near this property, Monroe?

Accepted Answer

The nearest middle school is South Sevier.

Question 12

How does this listing compare to the Monroe market?

Accepted Answer

this property, Monroe is listed at $999,999, which is above the Monroe median of $413,000 by $586,999. There are currently 12 active listings in Monroe. Homes in Monroe sell in an average of 118 days. The average sale-to-list ratio is 96.9%.

Question 13

What is the Monroe real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Monroe is $413,000. There are currently 12 active listings. Homes sell in an average of 118 days. The average sale-to-list ratio is 96.9%. This listing at $999,999 is above the Monroe 2026 median.

Question 14

Are there other homes for sale in Monroe?

Accepted Answer

Yes — there are currently 12 active listings in Monroe. Browse all Monroe homes for sale at propaired.ai/listings/ut/monroe. Prices range around a median of $413,000. Homes in Monroe are selling in about 118 days on average.

Question 15

How does this price compare to the Utah state average?

Accepted Answer

At $999,999, this property is above the Utah state median of $510,000 by $489,999. Monroe prices are 19% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 16

What are the water and sewer connections for this property, Monroe?

Accepted Answer

Sewer: Septic Tank.  Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 17

What would homeowner's insurance cost for this property, Monroe?

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 $999,999, expect approximately $3,000-$5,000/year ($250-$417/month).   Get multiple quotes — rates vary significantly by insurer.

Question 18

What are the estimated closing costs for this property, Monroe?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $999,999, expect approximately $20,000-$50,000 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 19

How does the property tax compare to the list price at this property, Monroe?

Accepted Answer

The annual property tax of $150 represents an effective rate of 0.02% relative to the list price of $999,999. 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 20

Is this property, Monroe eligible for FHA or VA financing?

Accepted Answer

At $999,999, 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 21

Could this property, Monroe be a 1031 exchange property?

Accepted Answer

Yes, this property, Monroe 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 22

What is the price trend in Monroe?

Accepted Answer

Monroe's median price has increased 78.1% month-over-month. Current median: $413,000. Days on market have increased by 71.0% month-over-month. Homes are selling at 96.9% of list price on average. Monitor these trends to time your offer strategically.

Question 23

What school district is this property, Monroe in?

Accepted Answer

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

Question 24

Is this property, Monroe move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 25

Does this property, Monroe 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 26

What is the lot like at this property, Monroe?

Accepted Answer

The lot is 198 acres. Lot features: Fenced: Full,Terrain: Hilly,Terrain: Mountain,View: Mountain,Terrain: Flat,Horse Property. Terrain: Terrain: Flat, Terrain: Hilly, Terrain: Mountain.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 27

What utilities are available at this property, Monroe?

Accepted Answer

Available utilities include: Gas: Not Connected,Power: Not Connected,Sewer: Septic Tank.  Sewer: Septic Tank. 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.

, Monroe, UT 84754

Monroe, UT, 84754

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