Question 1

What is the asking price for 515 1170, Richfield?

Accepted Answer

515 1170, Richfield is listed at $975,000 ($289/sqft).  Current status: Closed.

Question 2

How many bedrooms and bathrooms does 515 1170, Richfield have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 3,368 square feet of living space. It is a 2-story home. The lot is 1.01 acres.

Question 3

When was 515 1170, Richfield built?

Accepted Answer

This property was built in 2018, making it 8 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 515 1170, Richfield?

Accepted Answer

515 1170, Richfield is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the COVE VIEW ACRES SUBDIVISION subdivision. Zoning: Single-Family.

Question 5

Does 515 1170, Richfield have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage and 3 open parking spaces. Total parking capacity: 6 vehicles.

Question 6

Is there an HOA for 515 1170, Richfield?

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 515 1170, Richfield?

Accepted Answer

Annual property taxes for this property are approximately $4,671 (about $389/month). This represents an effective tax rate of approximately 0.48% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 515 1170, Richfield?

Accepted Answer

Interior features include: Closet: Walk-In, Den/Office, Disposal, Intercom, Oven: Double. Exterior features include: Deck; Covered, Double Pane Windows, Entry (Foyer), Out Buildings, Lighting. The home has 1 fireplace. Private pool included. Spa/hot tub included. View: Mountain(s).

Question 9

How long has 515 1170, Richfield been on the market?

Accepted Answer

This property has been listed for 55 days. The average days on market in Richfield is 75 days, meaning this listing is moving faster than the local average.

Question 10

Does 515 1170, Richfield have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 11

What schools serve 515 1170, Richfield?

Accepted Answer

Assigned schools: Elementary: Ashman; Middle: Red Hills; High: Richfield. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Richfield High with a 59% state performance score (1.6 miles away). School district: Sevier.

Question 12

How does this listing compare to the Richfield market?

Accepted Answer

515 1170, Richfield is listed at $975,000, which is above the Richfield median of $335,000 by $640,000. There are currently 29 active listings in Richfield. Homes in Richfield sell in an average of 75 days. The average sale-to-list ratio is 109.5%.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $975,000, this property is above the Utah state median of $510,000 by $465,000. Richfield prices are 34% 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 14

What heating and cooling systems does 515 1170, Richfield have?

Accepted Answer

Heating: Forced Air,Gas: Central,Wood. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 15

What type of roof does 515 1170, Richfield have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 8-year-old home, reviewing recent roof inspections is recommended.

Question 16

Does 515 1170, Richfield have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 17

What is 515 1170, Richfield constructed from?

Accepted Answer

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

Question 18

What type of flooring does 515 1170, Richfield have?

Accepted Answer

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

Question 19

What are the water and sewer connections for 515 1170, Richfield?

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 20

What would homeowner's insurance cost for 515 1170, Richfield?

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 $975,000, expect approximately $2,925-$4,875/year ($244-$406/month).   Get multiple quotes — rates vary significantly by insurer.

Question 21

What are the estimated closing costs for 515 1170, Richfield?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $975,000, expect approximately $19,500-$48,750 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 22

How does the property tax compare to the list price at 515 1170, Richfield?

Accepted Answer

The annual property tax of $4,671 represents an effective rate of 0.48% relative to the list price of $975,000. 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 23

Is 515 1170, Richfield eligible for FHA or VA financing?

Accepted Answer

At $975,000, 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 24

Could 515 1170, Richfield be a 1031 exchange property?

Accepted Answer

Yes, 515 1170, Richfield 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 25

What is the price trend in Richfield?

Accepted Answer

Richfield's median price has increased 48.9% month-over-month. Current median: $335,000. Days on market have decreased by 59.7% month-over-month. Homes are selling at 109.5% of list price on average. Monitor these trends to time your offer strategically.

Question 26

What school district is 515 1170, Richfield in?

Accepted Answer

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

Question 27

Is 515 1170, Richfield move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 28

Does 515 1170, Richfield 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 29

What is the lot like at 515 1170, Richfield?

Accepted Answer

The lot is 1.01 acres. Lot features: Corner Lot,Curb & Gutter,Fenced: Full,Road: Paved,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full,Private. Terrain: Corner Lot, Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Full, Private. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 30

What utilities are available at 515 1170, Richfield?

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 31

Does 515 1170, Richfield have natural gas?

Accepted Answer

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

515 1170, Richfield, UT 84701

515 E 1170 N, Richfield, UT 84701

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