Question 1

What is the asking price for 877 4900, Murray?

Accepted Answer

877 4900, Murray is listed at $1,600,000. The original list price was $1,800,000, representing a reduction of $200,000. Current status: Active Under Contract.

Question 2

What type of property is 877 4900, Murray?

Accepted Answer

877 4900, Murray is a Land (Multi Family).   Zoning: Single-Family, Multi-Family.

Question 3

Is there an HOA for 877 4900, 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 4

What are the property taxes for 877 4900, Murray?

Accepted Answer

Annual property taxes for this property are approximately $6,385 (about $532/month). This represents an effective tax rate of approximately 0.40% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

What are the key features of 877 4900, Murray?

Accepted Answer

Exterior features include: Out Buildings.

Question 6

How long has 877 4900, Murray been on the market?

Accepted Answer

This property has been listed for 197 days. The average days on market in Murray is 52 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 7

Is 877 4900, Murray suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 1.57-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 8

What schools serve 877 4900, Murray?

Accepted Answer

Assigned schools: Elementary: Parkside; Middle: Hillcrest; High: Murray. There are 7 schools within 3 miles of this property. The highest-rated nearby school is Olympus High with a 62% state performance score (2.7 miles away). School district: Murray.

Question 9

What high school is near 877 4900, Murray?

Accepted Answer

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

Question 10

What elementary school is near 877 4900, Murray?

Accepted Answer

The nearest elementary school is Parkside (2.2 miles away). State performance score: 58%. District: Granite District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 11

What middle school is near 877 4900, Murray?

Accepted Answer

The nearest middle school is Hillcrest.

Question 12

How good are the schools near 877 4900, Murray?

Accepted Answer

Of the 7 schools within 3 miles, 7 have state performance data with an average score of 55%.  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 13

How does this listing compare to the Murray market?

Accepted Answer

877 4900, Murray is listed at $1,600,000, which is above the Murray median of $525,000 by $1,075,000. There are currently 136 active listings in Murray. Homes in Murray sell in an average of 52 days. The average sale-to-list ratio is 99.1%.

Question 14

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 136 active listings. Homes sell in an average of 52 days. The average sale-to-list ratio is 99.1%. This listing at $1,600,000 is above the Murray 2026 median.

Question 15

Are there other homes for sale in Murray?

Accepted Answer

Yes — there are currently 136 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 52 days on average.

Question 16

How does this price compare to the Utah state average?

Accepted Answer

At $1,600,000, this property is above the Utah state median of $525,000 by $1,075,000. Murray prices are 0% 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 17

What are the water and sewer connections for 877 4900, Murray?

Accepted Answer

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

Question 18

What would homeowner's insurance cost for 877 4900, 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 $1,600,000, expect approximately $4,800-$8,000/year ($400-$667/month).   Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 877 4900, Murray?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,600,000, expect approximately $32,000-$80,000 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 20

How does the property tax compare to the list price at 877 4900, Murray?

Accepted Answer

The annual property tax of $6,385 represents an effective rate of 0.40% relative to the list price of $1,600,000. 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 21

Is 877 4900, Murray eligible for FHA or VA financing?

Accepted Answer

At $1,600,000, 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 22

Could 877 4900, Murray be a 1031 exchange property?

Accepted Answer

Yes, 877 4900, 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 23

What is the price trend in Murray?

Accepted Answer

Murray's median price has decreased 5.2% month-over-month. Current median: $525,000. Days on market have decreased by 13.3% month-over-month. Homes are selling at 99.1% of list price on average. Monitor these trends to time your offer strategically.

Question 24

What school district is 877 4900, Murray in?

Accepted Answer

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

Question 25

How do nearby schools rank statewide?

Accepted Answer

Of the 7 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 William Penn School (#191). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 26

Is 877 4900, Murray move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 27

Does 877 4900, 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 28

What is the lot like at 877 4900, Murray?

Accepted Answer

The lot is 1.57 acres. Lot features: Fenced: Part,Secluded,View: Mountain,Terrain: Flat. Terrain: Terrain: Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 29

What utilities are available at 877 4900, Murray?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public.  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.

877 4900, Murray, UT 84107

877 E 4900 S, Murray, UT 84107

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