Question 1

What is the asking price for 404 5600, Murray?

Accepted Answer

404 5600, Murray is listed at $9,500,000 ($248/sqft). The original list price was $10,500,000, representing a reduction of $1,000,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 404 5600, Murray have?

Accepted Answer

This Residential features 47 bedrooms, 48 bathrooms, 38,374 square feet of living space.  The lot is 2.6 acres.

Question 3

When was 404 5600, Murray built?

Accepted Answer

This property was built in 1969, making it 57 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 404 5600, Murray?

Accepted Answer

404 5600, Murray is a Residential (> 4 Units). The architectural style is Stories: 3.  Zoning: Multi-Family.

Question 5

Is there an HOA for 404 5600, Murray?

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 6

What are the property taxes for 404 5600, Murray?

Accepted Answer

Annual property taxes for this property are approximately $2,873 (about $239/month). This represents an effective tax rate of approximately 0.03% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 7

What are the key features of 404 5600, Murray?

Accepted Answer

Interior features include: Alarm: Fire, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In. Exterior features include: Entry (Foyer).

Question 8

Is 404 5600, Murray a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 68/100. Key deal signals: 10% price reduction from original list; 168.0 days on market — potential negotiation opportunity.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

Has the price been reduced on 404 5600, Murray?

Accepted Answer

Yes, the price has been reduced by 9.5% from the original list price of $10,500,000 to the current price of $9,500,000 — a reduction of $1,000,000. Price reductions can indicate seller motivation or market adjustment.

Question 10

What would the monthly mortgage payment be for 404 5600, Murray?

Accepted Answer

At the current 30-year mortgage rate of 6.30% with 20% down, the estimated monthly principal and interest payment is $47,042. Including estimated taxes, the total monthly cost is approximately $47,281. A 15-year mortgage at 5.65% would be $62,705/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 404 5600, Murray been on the market?

Accepted Answer

This property has been listed for 168 days. The average days on market in Murray is 71 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 12

What lifestyle features does 404 5600, Murray offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: ADU/Multigenerational, Luxury Estate, Scenic Views, Investor Special. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 13

What makes 404 5600, Murray a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 38,374 sqft on 2.6 acres, it offers premium living.  The property features scenic views.  Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 14

What recreation is near 404 5600, Murray?

Accepted Answer

This property has a recreation score of 62/100. Nearby recreation includes: Lucky Clover trailhead (1.9 mi); Historical Site - South Cottonwood Temple Rest Camp park (0.7 mi); Mick Riley Golf Course (1.1 mi); This Is The Place Heritage Park (8.1 mi). Skiing: Snowbird Ski and Summer Resort (12.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 15

Are there hiking trails near 404 5600, Murray?

Accepted Answer

Yes, the nearest trailhead is Lucky Clover, just 1.9 miles from the property. This Is The Place Heritage Park is 8.1 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 16

What amenities and services are near 404 5600, Murray?

Accepted Answer

This property has an amenity proximity score of 99/100. Nearby services include: Grocery: 7-Eleven (0.3 mi); Hospital: Midvalley Medical (0.1 mi); Pharmacy: Sam's Club Pharmacy (1.1 mi); Dining: Gaetano's Sub Shop (0.3 mi). Gas station: 0.3 miles. Gym: Park Center in Murray (0.9 mi).

Question 17

How far is the nearest hospital from 404 5600, Murray?

Accepted Answer

The nearest hospital is Midvalley Medical, approximately 0.1 miles from the property. The nearest fire station is 1.1 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 404 5600, Murray?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Viewmont School with a 58% state performance score (2.0 miles away).

Question 19

What high school is near 404 5600, Murray?

Accepted Answer

The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 20

What elementary school is near 404 5600, Murray?

Accepted Answer

The nearest elementary school is None/Other (1.6 miles away). State performance score: 54%. District: Murray District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 21

What middle school is near 404 5600, Murray?

Accepted Answer

The nearest middle school is None/Other.

Question 22

How good are the schools near 404 5600, Murray?

Accepted Answer

Of the 5 schools within 3 miles, 5 have state performance data with an average score of 54%.  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 23

What is the internet speed at 404 5600, Murray?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (1000 Mbps, Fiber). Total providers: 14.

Question 24

Is 404 5600, Murray 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 25

How does this listing compare to the Murray market?

Accepted Answer

404 5600, Murray is listed at $9,500,000, which is above the Murray median of $525,000 by $8,975,000. There are currently 105 active listings in Murray. Homes in Murray sell in an average of 71 days. The average sale-to-list ratio is 98.9%.

Question 26

What is the Murray real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Murray is $525,000. There are currently 105 active listings. Homes sell in an average of 71 days. The average sale-to-list ratio is 98.9%. This listing at $9,500,000 is above the Murray 2026 median.

Question 27

Are there other homes for sale in Murray?

Accepted Answer

Yes — there are currently 105 active listings in Murray. Browse all Murray homes for sale at propaired.ai/listings/ut/murray. Prices range around a median of $525,000. Homes in Murray are selling in about 71 days on average.

Question 28

How does this price compare to the Utah state average?

Accepted Answer

At $9,500,000, this property is above the Utah state median of $510,000 by $8,990,000. Murray prices are 3% 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 404 5600, Murray?

Accepted Answer

This property has a Propaired intelligence score of 68/100, combining deal value (68), recreation access (62), amenity proximity (99), broadband quality (100), and lifestyle features (4 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What heating and cooling systems does 404 5600, Murray have?

Accepted Answer

Heating: Forced Air. 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 31

What are the water and sewer connections for 404 5600, Murray?

Accepted Answer

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

Question 32

What shopping and dining is near 404 5600, Murray?

Accepted Answer

The nearest restaurant is Gaetano's Sub Shop (0.3 miles away) and the nearest grocery store is 7-Eleven (0.3 miles). Coffee: Beans & Brews Coffee House (0.4 mi). Banking: Zions Bank (0.4 mi). Overall amenity proximity score: 99/100.

Question 33

What would homeowner's insurance cost for 404 5600, Murray?

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 $9,500,000, expect approximately $28,500-$47,500/year ($2,375-$3,958/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 34

What are the estimated closing costs for 404 5600, Murray?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $9,500,000, expect approximately $190,000-$475,000 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 35

How does the property tax compare to the list price at 404 5600, Murray?

Accepted Answer

The annual property tax of $2,873 represents an effective rate of 0.03% relative to the list price of $9,500,000. 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 36

What are the total estimated monthly costs for 404 5600, Murray?

Accepted Answer

Estimated total monthly housing cost: $50,448. This includes principal & interest ($47,042 at 6.30% with 20% down), property tax ($239/mo), and estimated insurance (~$3,167/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 37

Is 404 5600, Murray eligible for FHA or VA financing?

Accepted Answer

At $9,500,000, 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 38

Could 404 5600, Murray be a 1031 exchange property?

Accepted Answer

Yes, 404 5600, Murray 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 39

Is the Murray neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.3% over the past year. The current Zillow Home Value Index for this area is $538,893. This listing is priced at 1763% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 40

What is the price trend in Murray?

Accepted Answer

Murray's median price has decreased 56.2% month-over-month. Current median: $525,000. Days on market have increased by 59.7% month-over-month. Homes are selling at 98.9% of list price on average. Monitor these trends to time your offer strategically.

Question 41

How do nearby schools rank statewide?

Accepted Answer

Of the 5 nearby schools with state rankings, the highest-ranked is Riverview Jr High at #157 statewide (52% performance score). Other ranked nearby schools include Grant School (#164) and Viewmont School (#182). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 42

What parks are near 404 5600, Murray?

Accepted Answer

The nearest local park is Historical Site - South Cottonwood Temple Rest Camp (0.7 miles away). The nearest state park is This Is The Place Heritage Park (8.1 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 43

Is there a golf course near 404 5600, Murray?

Accepted Answer

The nearest golf course is Mick Riley Golf Course, 1.1 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 44

What water activities are near 404 5600, Murray?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (24.5 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 45

Is 404 5600, Murray move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 46

What updates might 404 5600, Murray need?

Accepted Answer

At 57 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.  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 47

Does 404 5600, Murray 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 48

What is the lot like at 404 5600, Murray?

Accepted Answer

The lot is 2.6 acres. Lot features: Curb & Gutter,Road: Paved. Terrain: Curb & Gutter, Road: Paved.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 49

What utilities are available at 404 5600, Murray?

Accepted Answer

Available utilities include: Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,Irrigation: Pressure. 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 50

Is there EV charging near 404 5600, Murray?

Accepted Answer

The nearest EV charging station is EV Charger, approximately 0.8 miles from the property. A home EV charger can be installed if 240V electrical service is available. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

404 5600, Murray, UT 84107

404 E 5600 S, Murray, UT 84107

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