Question 1

What is the asking price for 2863 RED VELVET, Saratoga Springs?

Accepted Answer

2863 RED VELVET, Saratoga Springs is listed at $465,400 ($204/sqft). The original list price was $482,900, representing a reduction of $17,500. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 2863 RED VELVET, Saratoga Springs have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 2,280 square feet of living space. It is a 3-story home. The lot is 0.03 acres.

Question 3

When was 2863 RED VELVET, Saratoga Springs 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 2863 RED VELVET, Saratoga Springs?

Accepted Answer

2863 RED VELVET, Saratoga Springs is a Residential (Townhouse). The architectural style is Townhouse; Row-mid. It is located in the WILDFLOWER subdivision. Zoning: Multi-Family.

Question 5

Does 2863 RED VELVET, Saratoga Springs have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 2 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 2863 RED VELVET, Saratoga Springs?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $209 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the key features of 2863 RED VELVET, Saratoga Springs?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Disposal, Great Room, Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows.

Question 8

How long has 2863 RED VELVET, Saratoga Springs been on the market?

Accepted Answer

This property has been listed for 156 days. The average days on market in Saratoga Springs is 88 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 9

What schools serve 2863 RED VELVET, Saratoga Springs?

Accepted Answer

Assigned schools: Elementary: Harvest; Middle: Vista Heights Middle School; High: Westlake. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Riverview School with a 64% state performance score (1.7 miles away). School district: Alpine.

Question 10

How does this listing compare to the Saratoga Springs market?

Accepted Answer

2863 RED VELVET, Saratoga Springs is listed at $465,400, which is below the Saratoga Springs median of $490,000 by $24,600. There are currently 439 active listings in Saratoga Springs. Homes in Saratoga Springs sell in an average of 88 days. The average sale-to-list ratio is 98.9%.

Question 11

How does this price compare to the Utah state average?

Accepted Answer

At $465,400, this property is below the Utah state median of $510,000 by $44,600. Saratoga Springs prices are 4% 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 12

What heating and cooling systems does 2863 RED VELVET, Saratoga Springs have?

Accepted Answer

Heating: Gas: Central,>= 95% efficiency. 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 13

What type of roof does 2863 RED VELVET, Saratoga Springs 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 14

Does 2863 RED VELVET, Saratoga Springs 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 15

What type of flooring does 2863 RED VELVET, Saratoga Springs 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 16

What are the water and sewer connections for 2863 RED VELVET, Saratoga Springs?

Accepted Answer

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

Question 17

What would homeowner's insurance cost for 2863 RED VELVET, Saratoga Springs?

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 $465,400, expect approximately $1,396-$2,327/year ($116-$194/month).   Get multiple quotes — rates vary significantly by insurer.

Question 18

What are the estimated closing costs for 2863 RED VELVET, Saratoga Springs?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $465,400, expect approximately $9,308-$23,270 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 19

Is 2863 RED VELVET, Saratoga Springs eligible for FHA or VA financing?

Accepted Answer

At $465,400, 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 20

Could 2863 RED VELVET, Saratoga Springs be a 1031 exchange property?

Accepted Answer

Yes, 2863 RED VELVET, Saratoga Springs 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 21

What is the price trend in Saratoga Springs?

Accepted Answer

Saratoga Springs's median price has decreased 2.3% month-over-month. Current median: $490,000. Days on market have increased by 25.0% month-over-month. Homes are selling at 98.9% of list price on average. Monitor these trends to time your offer strategically.

Question 22

What school district is 2863 RED VELVET, Saratoga Springs in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Harvest. Assigned middle: Vista Heights Middle School. Assigned high: Westlake. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 23

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is Riverview School at #160 statewide (64% performance score). Other ranked nearby schools include Liberty Hills Elementary (#239). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 24

Is 2863 RED VELVET, Saratoga Springs move-in ready?

Accepted Answer

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

Question 25

Does 2863 RED VELVET, Saratoga Springs come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 26

What is the lot like at 2863 RED VELVET, Saratoga Springs?

Accepted Answer

The lot is 0.03 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full. Terrain: Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 27

What utilities are available at 2863 RED VELVET, Saratoga Springs?

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 28

Does 2863 RED VELVET, Saratoga Springs have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Gas: Central,>= 95% efficiency. 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.

2863 RED VELVET, Saratoga Springs, UT 84045

2863 N RED VELVET LN #2339, Saratoga Springs, UT 84045

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