Question 1

What is the asking price for 5505 SOMERSET, Murray?

Accepted Answer

5505 SOMERSET, Murray is listed at $525,000 ($304/sqft).  Current status: Pending.

Question 2

How many bedrooms and bathrooms does 5505 SOMERSET, Murray have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 1,725 square feet of living space. It is a 3-story home. The lot is 0.22 acres.

Question 3

When was 5505 SOMERSET, Murray built?

Accepted Answer

This property was built in 1961, making it 65 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 5505 SOMERSET, Murray?

Accepted Answer

5505 SOMERSET, Murray is a Residential (Single Family Residence). The architectural style is Tri/Multi-Level. It is located in the CHEVY CHASE subdivision. Zoning: Single-Family.

Question 5

Does 5505 SOMERSET, Murray have a garage or parking?

Accepted Answer

Yes, this property includes a carport. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 5505 SOMERSET, 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 7

What are the property taxes for 5505 SOMERSET, Murray?

Accepted Answer

Annual property taxes for this property are approximately $2,964 (about $247/month). This represents an effective tax rate of approximately 0.56% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 5505 SOMERSET, Murray?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Gas Log, Oven: Wall. Exterior features include: Double Pane Windows, Porch: Open, Storm Doors, Patio: Open. The home has 1 fireplace.

Question 9

How long has 5505 SOMERSET, Murray been on the market?

Accepted Answer

This property has been listed for 5 days. The average days on market in Murray is 52 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 10

What schools serve 5505 SOMERSET, Murray?

Accepted Answer

Assigned schools: Elementary: Woodstock; Middle: Bonneville; High: Cottonwood.   School district: Granite.

Question 11

What high school is near 5505 SOMERSET, Murray?

Accepted Answer

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

Question 12

What elementary school is near 5505 SOMERSET, Murray?

Accepted Answer

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

Question 13

What middle school is near 5505 SOMERSET, Murray?

Accepted Answer

The nearest middle school is Bonneville.

Question 14

How does this listing compare to the Murray market?

Accepted Answer

5505 SOMERSET, Murray is listed at $525,000, which is at the Murray median of $525,000 by Contact for Price. 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 15

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 $525,000 is below the Murray 2026 median.

Question 16

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 17

How does this price compare to the Utah state average?

Accepted Answer

At $525,000, this property is below the Utah state median of $525,000 by Contact for Price. 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 18

What heating and cooling systems does 5505 SOMERSET, Murray have?

Accepted Answer

Heating: 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 19

What type of roof does 5505 SOMERSET, Murray have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 65-year-old home, reviewing recent roof inspections is recommended.

Question 20

Does 5505 SOMERSET, Murray have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Partial. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 21

What is 5505 SOMERSET, Murray constructed from?

Accepted Answer

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

Question 22

What type of flooring does 5505 SOMERSET, Murray have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Laminate,Linoleum. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.  Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 23

What are the water and sewer connections for 5505 SOMERSET, Murray?

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 24

What would homeowner's insurance cost for 5505 SOMERSET, 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 $525,000, expect approximately $1,575-$2,625/year ($131-$219/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 5505 SOMERSET, Murray?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $525,000, expect approximately $10,500-$26,250 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 26

How does the property tax compare to the list price at 5505 SOMERSET, Murray?

Accepted Answer

The annual property tax of $2,964 represents an effective rate of 0.56% relative to the list price of $525,000. 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 27

Is 5505 SOMERSET, Murray eligible for FHA or VA financing?

Accepted Answer

At $525,000, 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 28

Could 5505 SOMERSET, Murray be a 1031 exchange property?

Accepted Answer

Yes, 5505 SOMERSET, 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 29

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 30

What school district is 5505 SOMERSET, Murray in?

Accepted Answer

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

Question 31

Is 5505 SOMERSET, Murray move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 32

What updates might 5505 SOMERSET, Murray need?

Accepted Answer

At 65 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: 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 33

Does 5505 SOMERSET, 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 34

What is the lot like at 5505 SOMERSET, Murray?

Accepted Answer

The lot is 0.22 acres. Lot features: Curb & Gutter,Fenced: Full,Sprinkler: Auto-Full. Terrain: Curb & Gutter, Fenced: Full, Sprinkler: Auto-Full, Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 35

What utilities are available at 5505 SOMERSET, Murray?

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 36

Does 5505 SOMERSET, Murray have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: 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.

5505 SOMERSET, Murray, UT 84117

5505 S SOMERSET WAY, Murray, UT 84117

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