Question 1

What is the asking price for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

12975 HIGHWAY 198, Santaquin is listed at $3,490,000 ($1020/sqft). The original list price was $5,500,000, representing a reduction of $2,010,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 12975 HIGHWAY 198, Santaquin have?

Accepted Answer

This Residential features 6 bedrooms, 2 bathrooms, 3,420 square feet of living space. It is a 2-story home. The lot is 64.53 acres.

Question 3

When was 12975 HIGHWAY 198, Santaquin built?

Accepted Answer

This property was built in 1974, making it 52 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 12975 HIGHWAY 198, Santaquin?

Accepted Answer

12975 HIGHWAY 198, Santaquin is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family, Agricultural.

Question 5

Does 12975 HIGHWAY 198, Santaquin 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 12975 HIGHWAY 198, Santaquin?

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 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Annual property taxes for this property are approximately $2,461 (about $205/month). This represents an effective tax rate of approximately 0.07% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Interior features include: Range: Countertop, Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows, Horse Property, Out Buildings, Triple Pane Windows, Walkout. The home has 2 fireplaces.   View: Lake,Mountain(s).

Question 9

Is 12975 HIGHWAY 198, Santaquin a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 100/100. Key deal signals: 5.4% year-over-year market appreciation; 37% price reduction from original list; 202.0 days on market — potential negotiation opportunity.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

Has the price been reduced on 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Yes, the price has been reduced by 36.5% from the original list price of $5,500,000 to the current price of $3,490,000 — a reduction of $2,010,000. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

At the current 30-year mortgage rate of 6.48% with 20% down, the estimated monthly principal and interest payment is $17,611. Including estimated taxes, the total monthly cost is approximately $17,816. A 15-year mortgage at 5.79% would be $23,245/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 12975 HIGHWAY 198, Santaquin been on the market?

Accepted Answer

This property has been listed for 202 days. The average days on market in Santaquin is 70 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 13

Is 12975 HIGHWAY 198, Santaquin a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $51,791 with a gross rental yield of 1.5%. Net rental yield (after estimated expenses): 1.0%.  Estimated debt service coverage ratio (DSCR): 0.22. Investor score: 24/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $4,316 ($51,792/year). The gross rent multiplier is 67.4x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 12975 HIGHWAY 198, Santaquin offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: Equestrian, Farm/Ranch, Scenic Views, Large Acreage. The primary lifestyle niche is "equestrian." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 12975 HIGHWAY 198, Santaquin suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 64.53-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 17

How much land comes with 12975 HIGHWAY 198, Santaquin?

Accepted Answer

This property sits on 64.53 acres. It is suitable for farming or ranching use. Horse keeping is possible on this property. Water source: Spring,Well. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 18

What schools serve 12975 HIGHWAY 198, Santaquin?

Accepted Answer

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

Question 19

What high school is near 12975 HIGHWAY 198, Santaquin?

Accepted Answer

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

Question 20

What elementary school is near 12975 HIGHWAY 198, Santaquin?

Accepted Answer

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

Question 21

What middle school is near 12975 HIGHWAY 198, Santaquin?

Accepted Answer

The nearest middle school is Payson Jr.

Question 22

Is 12975 HIGHWAY 198, Santaquin in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 23

How does this listing compare to the Santaquin market?

Accepted Answer

12975 HIGHWAY 198, Santaquin is listed at $3,490,000, which is above the Santaquin median of $515,000 by $2,975,000. There are currently 122 active listings in Santaquin. Homes in Santaquin sell in an average of 70 days. The average sale-to-list ratio is 100.0%.

Question 24

What is the Santaquin real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Santaquin is $515,000. There are currently 122 active listings. Homes sell in an average of 70 days. The average sale-to-list ratio is 100.0%. This listing at $3,490,000 is above the Santaquin 2026 median.

Question 25

Are there other homes for sale in Santaquin?

Accepted Answer

Yes — there are currently 122 active listings in Santaquin. Browse all Santaquin homes for sale at propaired.ai/listings/ut/santaquin. Prices range around a median of $515,000. Homes in Santaquin are selling in about 70 days on average.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $3,490,000, this property is above the Utah state median of $520,000 by $2,970,000. Santaquin prices are 1% 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 27

What is the Propaired intelligence score for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

This property has a Propaired intelligence score of 55/100, combining deal value (100), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (4 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 12975 HIGHWAY 198, Santaquin have?

Accepted Answer

Heating: Electric,Gas: Central,Gas: Stove,Wood. 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 29

What type of roof does 12975 HIGHWAY 198, Santaquin have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 52-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 12975 HIGHWAY 198, Santaquin have a basement?

Accepted Answer

Yes, the basement is described as: Full,Walk-Out Access. 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 31

What is 12975 HIGHWAY 198, Santaquin constructed from?

Accepted Answer

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

Question 32

What type of flooring does 12975 HIGHWAY 198, Santaquin have?

Accepted Answer

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

Question 33

What are the water and sewer connections for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Water source: Spring,Well. Sewer: Septic Tank. Properties on well water should have water quality tested annually and the well inspected before purchase. Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 34

What would homeowner's insurance cost for 12975 HIGHWAY 198, Santaquin?

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 $3,490,000, expect approximately $10,470-$17,450/year ($873-$1,454/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $3,490,000, expect approximately $69,800-$174,500 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 36

How does the property tax compare to the list price at 12975 HIGHWAY 198, Santaquin?

Accepted Answer

The annual property tax of $2,461 represents an effective rate of 0.07% relative to the list price of $3,490,000. 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 37

What are the total estimated monthly costs for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Estimated total monthly housing cost: $18,979. This includes principal & interest ($17,611 at 6.48% with 20% down), property tax ($205/mo), and estimated insurance (~$1,163/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 12975 HIGHWAY 198, Santaquin eligible for FHA or VA financing?

Accepted Answer

At $3,490,000, 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 39

What is the estimated cap rate for 12975 HIGHWAY 198, Santaquin?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.0%, based on estimated annual rent of $51,791 and a purchase price of $3,490,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 40

Is Santaquin a good rental market?

Accepted Answer

Estimated monthly rent in Santaquin is approximately $3,762. Homes in Santaquin sell in an average of 70 days, indicating moderate demand in this market. There are 122 active listings currently. Gross rental yield in this area: 1.5%. Utah's steady population growth continues to drive rental demand.

Question 41

Could 12975 HIGHWAY 198, Santaquin be a 1031 exchange property?

Accepted Answer

Yes, 12975 HIGHWAY 198, Santaquin 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 42

Is the Santaquin neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 5.4% over the past year. The current Zillow Home Value Index for this area is $437,901. This listing is priced at 797% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

What is the price trend in Santaquin?

Accepted Answer

Santaquin's median price has increased 6.7% month-over-month. Current median: $515,000. Days on market have decreased by 53.4% month-over-month. Homes are selling at 100.0% of list price on average. Monitor these trends to time your offer strategically.

Question 44

What school district is 12975 HIGHWAY 198, Santaquin in?

Accepted Answer

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

Question 45

Is 12975 HIGHWAY 198, Santaquin move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 46

What updates might 12975 HIGHWAY 198, Santaquin need?

Accepted Answer

At 52 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,Gas: Stove,Wood. 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 47

Does 12975 HIGHWAY 198, Santaquin 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 48

What is the lot like at 12975 HIGHWAY 198, Santaquin?

Accepted Answer

The lot is 64.53 acres. Lot features: Sprinkler: Manual-Full,Terrain: Grad Slope,View: Lake,View: Mountain. Terrain: Sprinkler: Manual-Full, Terrain: Grad Slope, View: Lake, View: Mountain. Views: Lake,Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 49

What utilities are available at 12975 HIGHWAY 198, Santaquin?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer: Septic Tank,Water Connected. Water source: Spring,Well. Sewer: Septic Tank. 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 50

Does 12975 HIGHWAY 198, Santaquin have natural gas?

Accepted Answer

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

12975 HIGHWAY 198, Santaquin, UT 84655

12975 S HIGHWAY 198, Santaquin, UT 84655

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Media

Santaquin Market Context

Crime & Safety

Santaquin compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$499,900

$669,000

$2,499,900

Find Your Dream Home

Frequently Asked Questions

Discover