Question 1

What is the asking price for 740 MAIN, Smithfield?

Accepted Answer

740 MAIN, Smithfield is listed at $1,750,000.  This listing is currently active and available for showings.

Question 2

When was 740 MAIN, Smithfield built?

Accepted Answer

This property was built in 1994, making it 32 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 3

What type of property is 740 MAIN, Smithfield?

Accepted Answer

740 MAIN, Smithfield is a Commercial Sale (Retail).  It is located in the GUTKE SUBD subdivision.

Question 4

Is there an HOA for 740 MAIN, Smithfield?

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 5

What are the property taxes for 740 MAIN, Smithfield?

Accepted Answer

Annual property taxes for this property are approximately $5,312 (about $443/month). This represents an effective tax rate of approximately 0.30% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 740 MAIN, Smithfield been on the market?

Accepted Answer

This property has been listed for 39 days. The average days on market in Smithfield is 93 days, meaning this listing is moving faster than the local average.

Question 7

What schools serve 740 MAIN, Smithfield?

Accepted Answer

There are 2 schools within 3 miles of this property. The highest-rated nearby school is Summit School with a 57% state performance score (1.1 miles away).

Question 8

What elementary school is near 740 MAIN, Smithfield?

Accepted Answer

The nearest elementary school is Summit School (1.1 miles away). State performance score: 57%. District: Cache District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

How does this listing compare to the Smithfield market?

Accepted Answer

740 MAIN, Smithfield is listed at $1,750,000, which is above the Smithfield median of $484,000 by $1,266,000. There are currently 69 active listings in Smithfield. Homes in Smithfield sell in an average of 93 days. The average sale-to-list ratio is 99.1%.

Question 10

What is the Smithfield real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Smithfield is $484,000. There are currently 69 active listings. Homes sell in an average of 93 days. The average sale-to-list ratio is 99.1%. This listing at $1,750,000 is above the Smithfield 2026 median.

Question 11

Are there other homes for sale in Smithfield?

Accepted Answer

Yes — there are currently 69 active listings in Smithfield. Browse all Smithfield homes for sale at propaired.ai/listings/ut/smithfield. Prices range around a median of $484,000. Homes in Smithfield are selling in about 93 days on average.

Question 12

How does this price compare to the Utah state average?

Accepted Answer

At $1,750,000, this property is above the Utah state median of $510,000 by $1,240,000. Smithfield prices are 5% 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 13

What would homeowner's insurance cost for 740 MAIN, Smithfield?

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 $1,750,000, expect approximately $5,250-$8,750/year ($438-$729/month).   Get multiple quotes — rates vary significantly by insurer.

Question 14

What are the estimated closing costs for 740 MAIN, Smithfield?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,750,000, expect approximately $35,000-$87,500 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 15

How does the property tax compare to the list price at 740 MAIN, Smithfield?

Accepted Answer

The annual property tax of $5,312 represents an effective rate of 0.30% relative to the list price of $1,750,000. 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 16

Is 740 MAIN, Smithfield eligible for FHA or VA financing?

Accepted Answer

At $1,750,000, 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 17

Could 740 MAIN, Smithfield be a 1031 exchange property?

Accepted Answer

Yes, 740 MAIN, Smithfield 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 18

What is the price trend in Smithfield?

Accepted Answer

Smithfield's median price has decreased 41.2% month-over-month. Current median: $484,000. Days on market have increased by 35.3% month-over-month. Homes are selling at 99.1% of list price on average. Monitor these trends to time your offer strategically.

Question 19

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is Summit School at #183 statewide (57% performance score). Other ranked nearby schools include Birch Creek School (#249). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 20

Is 740 MAIN, Smithfield move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 21

What updates might 740 MAIN, Smithfield need?

Accepted Answer

At 32 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   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 22

Does 740 MAIN, Smithfield 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 23

What is the lot like at 740 MAIN, Smithfield?

Accepted Answer

The lot is 2.26 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

740 MAIN, Smithfield, UT 84335

740 N MAIN ST, Smithfield, UT 84335

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