Question 1

What is the asking price for 1245 580, Provo?

Accepted Answer

1245 580, Provo is listed at $545,000 ($254/sqft). The original list price was $558,000, representing a reduction of $13,000. Current status: Active Under Contract.

Question 2

How many bedrooms and bathrooms does 1245 580, Provo have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 2,146 square feet of living space. It is a 2-story home. The lot is 0.19 acres.

Question 3

When was 1245 580, Provo built?

Accepted Answer

This property was built in 1964, making it 62 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 1245 580, Provo?

Accepted Answer

1245 580, Provo is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the HIGHLAND TERRACE subdivision. Zoning: Single-Family.

Question 5

Does 1245 580, Provo have a garage or parking?

Accepted Answer

Yes, this property includes a carport. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 1245 580, Provo?

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 1245 580, Provo?

Accepted Answer

Annual property taxes for this property are approximately $2,913 (about $243/month). This represents an effective tax rate of approximately 0.53% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1245 580, Provo?

Accepted Answer

Interior features include: Basement Apartment, Kitchen: Second, Mother-in-Law Apt., Range: Gas. Exterior features include: Basement Entrance, Double Pane Windows, Patio: Covered, Walkout. The home has 2 fireplaces.   View: Mountain(s).

Question 9

Is 1245 580, Provo a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 28/100. The price is 2% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Provo?

Accepted Answer

The median price for similar properties in the area is $535,000 (based on 9 homes). At $545,000, this listing is 2% above the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 1245 580, Provo?

Accepted Answer

Yes, the price has been reduced by 2.3% from the original list price of $558,000 to the current price of $545,000 — a reduction of $13,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1245 580, Provo?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $2,645. Including estimated taxes, the total monthly cost is approximately $2,888. A 15-year mortgage at 5.50% would be $3,562/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1245 580, Provo been on the market?

Accepted Answer

This property has been listed for 28 days. The average days on market in Provo is 74 days, meaning this listing is moving faster than the local average.

Question 14

Is 1245 580, Provo a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $15,382 with a gross rental yield of 2.8%. Net rental yield (after estimated expenses): 1.8%.  Estimated debt service coverage ratio (DSCR): 0.36. Investor score: 31/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 1245 580, Provo?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,282 ($15,384/year). The gross rent multiplier is 35.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 1245 580, Provo offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, Farm/Ranch. The primary lifestyle niche is "farm_ranch." These tags are derived from MLS data, property features, and location analysis.

Question 17

Is 1245 580, Provo near skiing?

Accepted Answer

This property is within reach of skiing. Sundance Resort is 10.8 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 18

How much land comes with 1245 580, Provo?

Accepted Answer

This property sits on 0.19 acres. It is suitable for farming or ranching use.  Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 19

What recreation is near 1245 580, Provo?

Accepted Answer

This property has a recreation score of 73/100. Nearby recreation includes: Slate Canyon trailhead (0.6 mi); Provost Park park (0.2 mi); East Bay Golf Course (1.6 mi); Utah Lake State Park (9.4 mi); Capitol Reef NP — Cathedral Valley (126.8 mi). Skiing: Sundance Resort (10.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 20

Are there hiking trails near 1245 580, Provo?

Accepted Answer

Yes, the nearest trailhead is Slate Canyon, just 0.6 miles from the property. Utah Lake State Park is 9.4 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 21

What schools serve 1245 580, Provo?

Accepted Answer

Assigned schools: Elementary: Provost; Middle: Farrer; High: Timpview.   School district: Provo.

Question 22

How does this listing compare to the Provo market?

Accepted Answer

1245 580, Provo is listed at $545,000, which is above the Provo median of $458,500 by $86,500. There are currently 153 active listings in Provo. Homes in Provo sell in an average of 74 days. The average sale-to-list ratio is 98.4%.

Question 23

What is the Provo neighborhood like?

Accepted Answer

College town energy with BYU influence. Strong family values, excellent schools, growing tech job market, affordable housing. Great access to outdoor recreation with Provo Canyon nearby. Provo is known for: college-town, family-friendly, tech-hub, affordable. Population: approximately 135,000. Explore the full Provo market data and community guide on Propaired.

Question 24

How does this price compare to the Utah state average?

Accepted Answer

At $545,000, this property is above the Utah state median of $510,000 by $35,000. Provo prices are 10% 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 25

What is the Propaired intelligence score for 1245 580, Provo?

Accepted Answer

This property has a Propaired intelligence score of 46/100, combining deal value (28), recreation access (73), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 26

What heating and cooling systems does 1245 580, Provo have?

Accepted Answer

Heating: Forced Air,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 27

What type of roof does 1245 580, Provo have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 62-year-old home, reviewing recent roof inspections is recommended.

Question 28

Does 1245 580, Provo have a basement?

Accepted Answer

Yes, the basement is described as: Entrance,Full,Walk-Out Access. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 29

What is 1245 580, Provo constructed from?

Accepted Answer

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

Question 30

What type of flooring does 1245 580, Provo have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 31

What are the water and sewer connections for 1245 580, Provo?

Accepted Answer

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

Question 32

What is the commute like from 1245 580, Provo?

Accepted Answer

1245 580, Provo is located in Provo, in the Wasatch Front region of Utah. With a population of approximately 135,000, Provo has good transportation access. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 33

What is the Provo community like?

Accepted Answer

Provo is known for: college-town, family-friendly, tech-hub, affordable, outdoor-access. The city has approximately 135,000 residents. The median home price in Provo is $480,000. Explore the full Provo community profile on Propaired for detailed neighborhood insights.

Question 34

Is Provo a safe and family-friendly area?

Accepted Answer

Provo is characterized as: family-friendly. With a population of about 135,000, Provo offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 35

What would homeowner's insurance cost for 1245 580, Provo?

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 $545,000, expect approximately $1,635-$2,725/year ($136-$227/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 1245 580, Provo?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $545,000, expect approximately $10,900-$27,250 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 37

How does the property tax compare to the list price at 1245 580, Provo?

Accepted Answer

The annual property tax of $2,913 represents an effective rate of 0.53% relative to the list price of $545,000. 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 38

What are the total estimated monthly costs for 1245 580, Provo?

Accepted Answer

Estimated total monthly housing cost: $3,070. This includes principal & interest ($2,645 at 6.11% with 20% down), property tax ($243/mo), and estimated insurance (~$182/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 1245 580, Provo eligible for FHA or VA financing?

Accepted Answer

At $545,000, 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 40

What is the estimated cap rate for 1245 580, Provo?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.8%, based on estimated annual rent of $15,382 and a purchase price of $545,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 41

Is Provo a good rental market?

Accepted Answer

Estimated monthly rent in Provo is approximately $1,284. Homes in Provo sell in an average of 74 days, indicating moderate demand in this market. There are 153 active listings currently. Gross rental yield in this area: 2.8%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 1245 580, Provo be a 1031 exchange property?

Accepted Answer

Yes, 1245 580, Provo 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 43

How does 1245 580, Provo compare to recently sold homes nearby?

Accepted Answer

Based on 9 comparable properties, the median sold price in this area is $535,000. This listing is 2% above the comparable median. It ranks Fair Price among similar listings by value.  Comparable analysis is based on similar size, age, and location.

Question 44

Is the Provo neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.2% over the past year. The current Zillow Home Value Index for this area is $475,278. This listing is priced at 115% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

What is the price trend in Provo?

Accepted Answer

Provo's median price has decreased 29.8% month-over-month. Current median: $458,500. Days on market have decreased by 86.8% month-over-month. Homes are selling at 98.4% of list price on average. Monitor these trends to time your offer strategically.

Question 46

Is 1245 580, Provo overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 28/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 1245 580, Provo in?

Accepted Answer

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

Question 48

What parks are near 1245 580, Provo?

Accepted Answer

The nearest local park is Provost Park (0.2 miles away). The nearest state park is Utah Lake State Park (9.4 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (126.8 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 49

Is there a golf course near 1245 580, Provo?

Accepted Answer

The nearest golf course is East Bay Golf Course, 1.6 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 50

What water activities are near 1245 580, Provo?

Accepted Answer

Water recreation near this property includes: Utah Lake (7.6 mi); boat ramp at Millrace north (1.9 mi); fishing at Provo River (6.9 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 51

Is 1245 580, Provo move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 52

What updates might 1245 580, Provo need?

Accepted Answer

At 62 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: Forced Air,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 53

Does 1245 580, Provo 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 54

What is the lot like at 1245 580, Provo?

Accepted Answer

The lot is 0.19 acres. Lot features: Curb & Gutter,Fenced: Full,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Full, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 55

What utilities are available at 1245 580, Provo?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. 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 56

Does 1245 580, Provo have natural gas?

Accepted Answer

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

1245 580, Provo, UT 84606

1245 E 580 S, Provo, UT 84606

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