Question 1

What is the asking price for 2778 5550, Roy?

Accepted Answer

2778 5550, Roy is listed at $225,000 ($238/sqft). The original list price was $329,900, representing a reduction of $104,900. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 2778 5550, Roy have?

Accepted Answer

This Residential features 2 bedrooms, 1 bathroom, 945 square feet of living space. It is a 1-story home. The lot is 0.06 acres.

Question 3

When was 2778 5550, Roy built?

Accepted Answer

This property was built in 1984, making it 42 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 2778 5550, Roy?

Accepted Answer

2778 5550, Roy is a Residential (Condominium). The architectural style is Condo; Top Level. It is located in the KENTWOOD subdivision. Zoning: Single-Family.

Question 5

Does 2778 5550, Roy have a garage or parking?

Accepted Answer

Yes, this property includes 1 open parking space and a carport. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 2778 5550, Roy?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $185. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 2778 5550, Roy?

Accepted Answer

Annual property taxes for this property are approximately $1,334 (about $111/month). This represents an effective tax rate of approximately 0.59% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 2778 5550, Roy?

Accepted Answer

Exterior features include: Balcony, Double Pane Windows, Sliding Glass Doors. The home has 1 fireplace.

Question 9

How long has 2778 5550, Roy been on the market?

Accepted Answer

This property has been listed for 62 days. The average days on market in Roy is 66 days, meaning this listing is moving faster than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 2778 5550, Roy?

Accepted Answer

Assigned schools: Elementary: Roy; Middle: Roy; High: Roy.   School district: Weber.

Question 11

How does this listing compare to the Roy market?

Accepted Answer

2778 5550, Roy is listed at $225,000, which is below the Roy median of $420,000 by $195,000. There are currently 61 active listings in Roy. Homes in Roy sell in an average of 66 days. The average sale-to-list ratio is 99.0%.

Question 12

How does this price compare to the Utah state average?

Accepted Answer

At $225,000, this property is below the Utah state median of $510,000 by $285,000. Roy prices are 18% 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 13

What heating and cooling systems does 2778 5550, Roy have?

Accepted Answer

Heating: Electric,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 14

What type of roof does 2778 5550, Roy have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 42-year-old home, reviewing recent roof inspections is recommended.

Question 15

Does 2778 5550, Roy 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 16

What is 2778 5550, Roy constructed from?

Accepted Answer

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

Question 17

What type of flooring does 2778 5550, Roy have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 18

What are the water and sewer connections for 2778 5550, Roy?

Accepted Answer

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

Question 19

What would homeowner's insurance cost for 2778 5550, Roy?

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 $225,000, expect approximately $675-$1,125/year ($56-$94/month).   Get multiple quotes — rates vary significantly by insurer.

Question 20

What are the estimated closing costs for 2778 5550, Roy?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $225,000, expect approximately $4,500-$11,250 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 21

How does the property tax compare to the list price at 2778 5550, Roy?

Accepted Answer

The annual property tax of $1,334 represents an effective rate of 0.59% relative to the list price of $225,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 22

Is 2778 5550, Roy eligible for FHA or VA financing?

Accepted Answer

At $225,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 23

Could 2778 5550, Roy be a 1031 exchange property?

Accepted Answer

Yes, 2778 5550, Roy 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 24

What is the price trend in Roy?

Accepted Answer

Roy's median price has remained stable month-over-month. Current median: $420,000. Days on market have increased by 14.1% month-over-month. Homes are selling at 99.0% of list price on average. Monitor these trends to time your offer strategically.

Question 25

What school district is 2778 5550, Roy in?

Accepted Answer

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

Question 26

Is 2778 5550, Roy move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 27

What updates might 2778 5550, Roy need?

Accepted Answer

At 42 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: Electric,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 28

Does 2778 5550, Roy 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 2778 5550, Roy?

Accepted Answer

The lot is 0.06 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 30

Does 2778 5550, Roy have natural gas?

Accepted Answer

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

2778 5550, Roy, UT 84067

2778 W 5550 S #28, Roy, UT 84067

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