Question 1

What is the asking price for 313 1040, Salem?

Accepted Answer

313 1040, Salem is listed at $759,900 ($184/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 313 1040, Salem have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 4,138 square feet of living space. It is a 3-story home. The lot is 0.25 acres.

Question 3

When was 313 1040, Salem built?

Accepted Answer

This property was built in 2025, making it 1 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 313 1040, Salem?

Accepted Answer

313 1040, Salem is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the BROAD HOLLOW subdivision. Zoning: Single-Family.

Question 5

Does 313 1040, Salem 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 313 1040, 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 key features of 313 1040, Salem?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office, Disposal. Exterior features include: Double Pane Windows. The home has 1 fireplace.

Question 8

Is 313 1040, Salem a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 9/100. Key deal signals: 3.5% year-over-year market appreciation. The price is 35% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 9

How does this price compare to similar homes in Salem?

Accepted Answer

The median price for similar properties in the area is $562,500 (based on 10 homes). At $759,900, this listing is 35% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 10

What would the monthly mortgage payment be for 313 1040, Salem?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $3,826. Including estimated taxes, the total monthly cost is approximately $3,826. A 15-year mortgage at 5.77% would be $5,055/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 313 1040, Salem been on the market?

Accepted Answer

This property has been listed for 126 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 12

What lifestyle features does 313 1040, Salem offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Scenic Views. The primary lifestyle niche is "scenic_views." These tags are derived from MLS data, property features, and location analysis.

Question 13

What recreation is near 313 1040, Salem?

Accepted Answer

This property has a recreation score of 58/100. Nearby recreation includes: Maple Canyon trailhead (5.7 mi); Parkside Estates Park park (0.5 mi); Spanish Oaks Golf Course (2.1 mi); Utah Lake State Park (12.4 mi). Skiing: Sundance Resort (20.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 14

Are there hiking trails near 313 1040, Salem?

Accepted Answer

Yes, the nearest trailhead is Maple Canyon, just 5.7 miles from the property. Utah Lake State Park is 12.4 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 15

What amenities and services are near 313 1040, Salem?

Accepted Answer

This property has an amenity proximity score of 77/100. Nearby services include: Grocery: The Dugout (1.3 mi); Hospital: DaVita Dialysis (2.4 mi); Pharmacy: Salem Hills Pharmacy (2.7 mi); Dining: Wendy's (1.3 mi). Gas station: 1.3 miles. Gym: Spanish Fork Gun Club (2.0 mi).

Question 16

How far is the nearest hospital from 313 1040, Salem?

Accepted Answer

The nearest hospital is DaVita Dialysis, approximately 2.4 miles from the property. The nearest fire station is 1.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 17

What schools serve 313 1040, Salem?

Accepted Answer

Assigned schools: Elementary: Spring Lake; Middle: Spanish Fork Jr; High: Spanish Fork.   School district: Nebo.

Question 18

What is the internet speed at 313 1040, Salem?

Accepted Answer

This property has a broadband score of 65/100 (Good). Best available speed: 300 Mbps download / 30 Mbps upload. Fiber is not currently available at this address. Available providers: CentraCom (75 Mbps, Fixed Wireless); HughesNet (100 Mbps, Satellite); Rise Broadband (25 Mbps, Fixed Wireless). Total providers: 6.

Question 19

Is 313 1040, Salem in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 20

How does this listing compare to the Salem market?

Accepted Answer

313 1040, Salem is listed at $759,900, which is above the Salem median of $600,000 by $159,900. 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 21

How does this price compare to the Utah state average?

Accepted Answer

At $759,900, this property is above the Utah state median of $510,000 by $249,900. 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 22

What is the Propaired intelligence score for 313 1040, Salem?

Accepted Answer

This property has a Propaired intelligence score of 33/100, combining deal value (9), recreation access (58), amenity proximity (77), broadband quality (65), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 23

What heating and cooling systems does 313 1040, Salem have?

Accepted Answer

Heating: Forced Air,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 24

What type of roof does 313 1040, Salem have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 1-year-old home, reviewing recent roof inspections is recommended.

Question 25

Does 313 1040, 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 26

What is 313 1040, Salem constructed from?

Accepted Answer

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

Question 27

What type of flooring does 313 1040, Salem 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 28

What are the water and sewer connections for 313 1040, Salem?

Accepted Answer

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

Question 29

What shopping and dining is near 313 1040, Salem?

Accepted Answer

The nearest restaurant is Wendy's (1.3 miles away) and the nearest grocery store is The Dugout (1.3 miles). Coffee: Black Rifle Coffee Company (2.5 mi). Banking: Zions Bank (2.1 mi). Overall amenity proximity score: 77/100.

Question 30

What would homeowner's insurance cost for 313 1040, 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 $759,900, expect approximately $2,280-$3,800/year ($190-$317/month).   Get multiple quotes — rates vary significantly by insurer.

Question 31

What are the estimated closing costs for 313 1040, Salem?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $759,900, expect approximately $15,198-$37,995 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 32

What are the total estimated monthly costs for 313 1040, Salem?

Accepted Answer

Estimated total monthly housing cost: $4,079. This includes principal & interest ($3,826 at 6.46% with 20% down), and estimated insurance (~$253/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 33

Is 313 1040, Salem eligible for FHA or VA financing?

Accepted Answer

At $759,900, 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 34

Could 313 1040, Salem be a 1031 exchange property?

Accepted Answer

Yes, 313 1040, 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 35

How does 313 1040, Salem compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $562,500. This listing is 35% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $737,515. Comparable analysis is based on similar size, age, and location.

Question 36

Is the Salem neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 3.5% over the past year. The current Zillow Home Value Index for this area is $600,086. This listing is priced at 127% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 37

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 38

Is 313 1040, Salem overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 35% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 9/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 39

What school district is 313 1040, Salem in?

Accepted Answer

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

Question 40

What parks are near 313 1040, Salem?

Accepted Answer

The nearest local park is Parkside Estates Park (0.5 miles away). The nearest state park is Utah Lake State Park (12.4 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 41

Is there a golf course near 313 1040, Salem?

Accepted Answer

The nearest golf course is Spanish Oaks Golf Course, 2.1 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 42

What water activities are near 313 1040, Salem?

Accepted Answer

Water recreation near this property includes: Utah Lake (11.9 mi); boat ramp at Swedes Lane (7.6 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 43

Is 313 1040, Salem move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 44

Does 313 1040, 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 45

What is the lot like at 313 1040, Salem?

Accepted Answer

The lot is 0.25 acres. Lot features: Curb & Gutter,Road: Paved. Terrain: Curb & Gutter, Road: Paved.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 46

What utilities are available at 313 1040, Salem?

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 47

Does 313 1040, Salem 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.

Question 48

Is there EV charging near 313 1040, Salem?

Accepted Answer

The nearest EV charging station is Electrify America Charging Station, approximately 2.7 miles from the property. With a 3-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

313 1040, Salem, UT 84653

313 N 1040 E #23, Salem, UT 84653

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