Question 1

What is the asking price for 175 500, North Salt Lake?

Accepted Answer

175 500, North Salt Lake is listed at $3,500,000.  This listing is currently active and available for showings.

Question 2

When was 175 500, North Salt Lake built?

Accepted Answer

This property was built in 2003, making it 23 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 3

What type of property is 175 500, North Salt Lake?

Accepted Answer

175 500, North Salt Lake is a Commercial Sale (Industrial).

Question 4

Is there an HOA for 175 500, North Salt Lake?

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 5

What are the property taxes for 175 500, North Salt Lake?

Accepted Answer

Annual property taxes for this property are approximately $13,188 (about $1,099/month). This represents an effective tax rate of approximately 0.38% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 175 500, North Salt Lake been on the market?

Accepted Answer

This property has been listed for 30 days. The average days on market in North Salt Lake is 59 days, meaning this listing is moving faster than the local average.

Question 7

What schools serve 175 500, North Salt Lake?

Accepted Answer

There are 1 schools within 3 miles of this property. The highest-rated nearby school is Woods Cross High with a 65% state performance score (1.6 miles away).

Question 8

How does this listing compare to the North Salt Lake market?

Accepted Answer

175 500, North Salt Lake is listed at $3,500,000, which is above the North Salt Lake median of $519,000 by $2,981,000. There are currently 46 active listings in North Salt Lake. Homes in North Salt Lake sell in an average of 59 days. The average sale-to-list ratio is 99.4%.

Question 9

What is the North Salt Lake real estate market like in 2026?

Accepted Answer

In 2026, the median home price in North Salt Lake is $519,000. There are currently 46 active listings. Homes sell in an average of 59 days. The average sale-to-list ratio is 99.4%. This listing at $3,500,000 is above the North Salt Lake 2026 median.

Question 10

Are there other homes for sale in North Salt Lake?

Accepted Answer

Yes — there are currently 46 active listings in North Salt Lake. Browse all North Salt Lake homes for sale at propaired.ai/listings/ut/north-salt-lake. Prices range around a median of $519,000. Homes in North Salt Lake are selling in about 59 days on average.

Question 11

How does this price compare to the Utah state average?

Accepted Answer

At $3,500,000, this property is above the Utah state median of $510,000 by $2,990,000. North Salt Lake prices are 2% 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 12

What would homeowner's insurance cost for 175 500, North Salt Lake?

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 $3,500,000, expect approximately $10,500-$17,500/year ($875-$1,458/month).   Get multiple quotes — rates vary significantly by insurer.

Question 13

What are the estimated closing costs for 175 500, North Salt Lake?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $3,500,000, expect approximately $70,000-$175,000 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 14

How does the property tax compare to the list price at 175 500, North Salt Lake?

Accepted Answer

The annual property tax of $13,188 represents an effective rate of 0.38% relative to the list price of $3,500,000. 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 15

Is 175 500, North Salt Lake eligible for FHA or VA financing?

Accepted Answer

At $3,500,000, 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 16

Could 175 500, North Salt Lake be a 1031 exchange property?

Accepted Answer

Yes, 175 500, North Salt Lake 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 17

What is the price trend in North Salt Lake?

Accepted Answer

North Salt Lake's median price has increased 4.8% month-over-month. Current median: $519,000. Days on market have decreased by 26.3% month-over-month. Homes are selling at 99.4% of list price on average. Monitor these trends to time your offer strategically.

Question 18

Is 175 500, North Salt Lake move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 19

What updates might 175 500, North Salt Lake need?

Accepted Answer

At 23 years old, common updates to consider include: HVAC system update.   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 20

Does 175 500, North Salt Lake 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 21

What is the lot like at 175 500, North Salt Lake?

Accepted Answer

The lot is 3.33 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

175 500, North Salt Lake, UT 84054

175 W 500 N, North Salt Lake, UT 84054

About This Property

Property Info

Financial

Parking

Schools

All Property Details

North Salt Lake Market Context

Crime & Safety

Location

Connect with a Buyer’s Agent

Find Your Dream Home

Frequently Asked Questions

Discover