Question 1

What is the asking price for 301 SALEM PARK, Salem?

Accepted Answer

301 SALEM PARK, Salem is listed at $655,000 ($171/sqft). The original list price was $689,900, representing a reduction of $34,900. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 301 SALEM PARK, Salem have?

Accepted Answer

This Residential features 6 bedrooms, 4 bathrooms, 3,840 square feet of living space. It is a 2-story home. The lot is 0.19 acres.

Question 3

When was 301 SALEM PARK, Salem built?

Accepted Answer

This property was built in 2011, making it 15 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 301 SALEM PARK, Salem?

Accepted Answer

301 SALEM PARK, Salem is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the SALEM PARK PUD PHASE 1A-1 subdivision. Zoning: Single-Family.

Question 5

Does 301 SALEM PARK, Salem have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 301 SALEM PARK, Salem?

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 301 SALEM PARK, Salem?

Accepted Answer

Annual property taxes for this property are approximately $2,670 (about $223/month). This represents an effective tax rate of approximately 0.41% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 301 SALEM PARK, Salem?

Accepted Answer

Exterior features include: Walkout.

Question 9

How long has 301 SALEM PARK, Salem been on the market?

Accepted Answer

This property has been listed for 95 days. The average days on market in Salem is 94 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 301 SALEM PARK, Salem?

Accepted Answer

Assigned schools: Elementary: Salem; Middle: Salem Jr; High: Salem Hills. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (1.7 miles away). School district: Nebo.

Question 11

How does this listing compare to the Salem market?

Accepted Answer

301 SALEM PARK, Salem is listed at $655,000, which is above the Salem median of $600,000 by $55,000. There are currently 158 active listings in Salem. Homes in Salem sell in an average of 94 days. The average sale-to-list ratio is 100.8%.

Question 12

How does this price compare to the Utah state average?

Accepted Answer

At $655,000, this property is above the Utah state median of $510,000 by $145,000. Salem prices are 18% 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 13

What heating and cooling systems does 301 SALEM PARK, Salem have?

Accepted Answer

Heating: Forced Air. 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 14

What type of roof does 301 SALEM PARK, Salem have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 15-year-old home, reviewing recent roof inspections is recommended.

Question 15

Does 301 SALEM PARK, Salem have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 301 SALEM PARK, Salem constructed from?

Accepted Answer

Construction materials include: Asphalt. The construction type affects long-term maintenance requirements and insurance costs.

Question 17

What type of flooring does 301 SALEM PARK, Salem 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 18

What are the water and sewer connections for 301 SALEM PARK, Salem?

Accepted Answer

Water source: Culinary,Irrigation. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 19

What would homeowner's insurance cost for 301 SALEM PARK, Salem?

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 $655,000, expect approximately $1,965-$3,275/year ($164-$273/month).   Get multiple quotes — rates vary significantly by insurer.

Question 20

What are the estimated closing costs for 301 SALEM PARK, Salem?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $655,000, expect approximately $13,100-$32,750 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 21

How does the property tax compare to the list price at 301 SALEM PARK, Salem?

Accepted Answer

The annual property tax of $2,670 represents an effective rate of 0.41% relative to the list price of $655,000. 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 22

Is 301 SALEM PARK, Salem eligible for FHA or VA financing?

Accepted Answer

At $655,000, 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 23

Could 301 SALEM PARK, Salem be a 1031 exchange property?

Accepted Answer

Yes, 301 SALEM PARK, Salem 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 Salem?

Accepted Answer

Salem's median price has decreased 29.3% month-over-month. Current median: $600,000. Days on market have increased by 189.1% month-over-month. Homes are selling at 100.8% of list price on average. Monitor these trends to time your offer strategically.

Question 25

What school district is 301 SALEM PARK, Salem in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Salem. Assigned middle: Salem Jr. Assigned high: Salem Hills. 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 301 SALEM PARK, Salem move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 27

Does 301 SALEM PARK, Salem 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 28

What is the lot like at 301 SALEM PARK, Salem?

Accepted Answer

The lot is 0.19 acres. Lot features: Corner Lot. Terrain: Corner Lot.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 29

What utilities are available at 301 SALEM PARK, Salem?

Accepted Answer

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

301 SALEM PARK, Salem, UT 84653

301 E SALEM PARK CIR, Salem, UT 84653

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