Question 1

What is the asking price for 481 705, Salem?

Accepted Answer

481 705, Salem is listed at $1,499,900 ($280/sqft).  Current status: Expired.

Question 2

How many bedrooms and bathrooms does 481 705, Salem have?

Accepted Answer

This Residential features 7 bedrooms, 5 bathrooms, 5,364 square feet of living space. It is a 3-story home. The lot is 0.34 acres.

Question 3

When was 481 705, Salem built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 481 705, Salem?

Accepted Answer

481 705, Salem is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the BOWEN RANCH subdivision. Zoning: Single-Family.

Question 5

Does 481 705, Salem have a garage or parking?

Accepted Answer

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

Question 6

Is there an HOA for 481 705, 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 481 705, Salem?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 481 705, Salem?

Accepted Answer

Interior features include: Den/Office, Disposal, Kitchen: Second, Oven: Double, Oven: Gas. Exterior features include: Patio: Covered. The home has 2 fireplaces.

Question 9

How long has 481 705, Salem been on the market?

Accepted Answer

This property has been listed for 182 days. The average days on market in Salem is 86 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Is 481 705, Salem new construction?

Accepted Answer

Yes, this is a new construction property built in 2026. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 11

What schools serve 481 705, Salem?

Accepted Answer

Assigned schools: Elementary: Mt Loafer; Middle: Salem Jr; High: Salem Hills.   School district: Nebo.

Question 12

What high school is near 481 705, Salem?

Accepted Answer

The nearest high school is Salem Hills. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 13

What elementary school is near 481 705, Salem?

Accepted Answer

The nearest elementary school is Mt Loafer. Propaired provides full school ratings and comparison data for all schools in this area.

Question 14

What middle school is near 481 705, Salem?

Accepted Answer

The nearest middle school is Salem Jr.

Question 15

How does this listing compare to the Salem market?

Accepted Answer

481 705, Salem is listed at $1,499,900, which is above the Salem median of $575,000 by $924,900. There are currently 153 active listings in Salem. Homes in Salem sell in an average of 86 days. The average sale-to-list ratio is 100.1%.

Question 16

What is the Salem real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Salem is $575,000. There are currently 153 active listings. Homes sell in an average of 86 days. The average sale-to-list ratio is 100.1%. This listing at $1,499,900 is above the Salem 2026 median.

Question 17

Are there other homes for sale in Salem?

Accepted Answer

Yes — there are currently 153 active listings in Salem. Browse all Salem homes for sale at propaired.ai/listings/ut/salem. Prices range around a median of $575,000. Homes in Salem are selling in about 86 days on average.

Question 18

How does this price compare to the Utah state average?

Accepted Answer

At $1,499,900, this property is above the Utah state median of $518,888 by $981,012. Salem prices are 11% 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 19

What heating and cooling systems does 481 705, Salem have?

Accepted Answer

Heating: Gas: Central. 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 20

What type of roof does 481 705, Salem have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 0-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 481 705, 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 22

What is 481 705, Salem constructed from?

Accepted Answer

Construction materials include: Stone,Cement Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 23

What type of flooring does 481 705, Salem have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 24

What are the water and sewer connections for 481 705, Salem?

Accepted Answer

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

Question 25

What would homeowner's insurance cost for 481 705, 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 $1,499,900, expect approximately $4,500-$7,500/year ($375-$625/month).   Get multiple quotes — rates vary significantly by insurer.

Question 26

What are the estimated closing costs for 481 705, Salem?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,499,900, expect approximately $29,998-$74,995 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 27

How does the property tax compare to the list price at 481 705, Salem?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $1,499,900. 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 28

Is 481 705, Salem eligible for FHA or VA financing?

Accepted Answer

At $1,499,900, 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 29

Could 481 705, Salem be a 1031 exchange property?

Accepted Answer

Yes, 481 705, 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 30

What is the price trend in Salem?

Accepted Answer

Salem's median price has increased 40.6% month-over-month. Current median: $575,000. Days on market have increased by 36.9% month-over-month. Homes are selling at 100.1% of list price on average. Monitor these trends to time your offer strategically.

Question 31

What school district is 481 705, Salem in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Mt Loafer. 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 32

Is 481 705, Salem move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 33

Does 481 705, 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 34

What is the lot like at 481 705, Salem?

Accepted Answer

The lot is 0.34 acres.  Terrain: Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 35

What utilities are available at 481 705, Salem?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,Secondary. 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 36

Does 481 705, Salem have natural gas?

Accepted Answer

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

481 705, Salem, UT 84653

481 W 705 S #2, Salem, UT 84653

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Salem Market Context

Crime & Safety

Salem compared to:

vs National Average (FBI UCR 2024)

Similar Homes

$680,000

$1,649,900

$2,300,000

$899,990

$970,000

Find Your Dream Home

Frequently Asked Questions

Discover