Question 1

What is the asking price for 220 500, Salem?

Accepted Answer

220 500, Salem is listed at $429,000 ($379/sqft).  Current status: Closed.

Question 2

How many bedrooms and bathrooms does 220 500, Salem have?

Accepted Answer

This Residential features 3 bedrooms, 1 bathroom, 1,133 square feet of living space.  The lot is 0.26 acres.

Question 3

When was 220 500, Salem built?

Accepted Answer

This property was built in 1916, making it 110 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 220 500, Salem?

Accepted Answer

220 500, Salem is a Residential (Single Family Residence). The architectural style is Bungalow/Cottage.  Zoning: Single-Family.

Question 5

Does 220 500, Salem have a garage or parking?

Accepted Answer

Yes, this property includes 4 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 220 500, 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 220 500, Salem?

Accepted Answer

Annual property taxes for this property are approximately $1,878 (about $157/month). This represents an effective tax rate of approximately 0.44% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 220 500, Salem?

Accepted Answer

Interior features include: Range/Oven: Free Stdng.. Exterior features include: Out Buildings, Walkout, Patio: Open.    View: Mountain(s).

Question 9

How long has 220 500, Salem been on the market?

Accepted Answer

This property has been listed for 15 days. The average days on market in Salem is 84 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 220 500, Salem?

Accepted Answer

Assigned schools: Elementary: Salem; High: Salem Hills. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (0.7 miles away). School district: Nebo.

Question 11

What high school is near 220 500, 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 12

What elementary school is near 220 500, Salem?

Accepted Answer

The nearest elementary school is Salem (2.1 miles away). State performance score: 59%. District: American Preparatory Academy. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

How does this listing compare to the Salem market?

Accepted Answer

220 500, Salem is listed at $429,000, which is below the Salem median of $579,000 by $150,000. There are currently 153 active listings in Salem. Homes in Salem sell in an average of 84 days. The average sale-to-list ratio is 100.1%.

Question 14

What is the Salem real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Salem is $579,000. There are currently 153 active listings. Homes sell in an average of 84 days. The average sale-to-list ratio is 100.1%. This listing at $429,000 is below the Salem 2026 median.

Question 15

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 $579,000. Homes in Salem are selling in about 84 days on average.

Question 16

How does this price compare to the Utah state average?

Accepted Answer

At $429,000, this property is below the Utah state median of $517,990 by $88,990. Salem prices are 12% 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 17

What heating and cooling systems does 220 500, Salem have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Evaporative Cooling. 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 18

What type of roof does 220 500, Salem have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 110-year-old home, reviewing recent roof inspections is recommended.

Question 19

Does 220 500, Salem 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 20

What is 220 500, Salem constructed from?

Accepted Answer

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

Question 21

What type of flooring does 220 500, Salem have?

Accepted Answer

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

Question 22

What are the water and sewer connections for 220 500, Salem?

Accepted Answer

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

Question 23

What would homeowner's insurance cost for 220 500, 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 $429,000, expect approximately $1,287-$2,145/year ($107-$179/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 24

What are the estimated closing costs for 220 500, Salem?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $429,000, expect approximately $8,580-$21,450 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 25

How does the property tax compare to the list price at 220 500, Salem?

Accepted Answer

The annual property tax of $1,878 represents an effective rate of 0.44% relative to the list price of $429,000. 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 26

Is 220 500, Salem eligible for FHA or VA financing?

Accepted Answer

At $429,000, 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 27

Could 220 500, Salem be a 1031 exchange property?

Accepted Answer

Yes, 220 500, 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 28

What is the price trend in Salem?

Accepted Answer

Salem's median price has increased 46.4% month-over-month. Current median: $579,000. Days on market have increased by 31.7% month-over-month. Homes are selling at 100.1% of list price on average. Monitor these trends to time your offer strategically.

Question 29

What school district is 220 500, Salem in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Salem.  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 30

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is American Preparatory Academy - Salem at #190 statewide (59% performance score). Other ranked nearby schools include Salem Hills High (#256). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 31

Is 220 500, Salem move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 32

What updates might 220 500, Salem need?

Accepted Answer

At 110 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: Forced Air,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 33

Does 220 500, 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 220 500, Salem?

Accepted Answer

The lot is 0.26 acres. Lot features: Fenced: Part,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Man-Full. Terrain: Fenced: Part, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Man-Full. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 35

What utilities are available at 220 500, Salem?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary,Irrigation: Pressure. 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 220 500, 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 (Evaporative Cooling) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

220 500, Salem, UT 84653

220 N 500 E, Salem, UT 84653

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