Question 1

What is the asking price for 984 550, Spanish Fork?

Accepted Answer

984 550, Spanish Fork is listed at $270,000.  Current status: Pending.

Question 2

What type of property is 984 550, Spanish Fork?

Accepted Answer

984 550, Spanish Fork is a Land (Residential).  It is located in the RIVER COVE subdivision. Zoning: Single-Family.

Question 3

Is there an HOA for 984 550, Spanish Fork?

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 4

What are the property taxes for 984 550, Spanish Fork?

Accepted Answer

Annual property taxes for this property are approximately $1,970 (about $164/month). This represents an effective tax rate of approximately 0.73% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 984 550, Spanish Fork been on the market?

Accepted Answer

This property has been listed for 171 days. The average days on market in Spanish Fork is 60 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve 984 550, Spanish Fork?

Accepted Answer

Assigned schools: Elementary: River View; Middle: Spanish Fork Jr; High: Spanish Fork. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (2.8 miles away). School district: Nebo.

Question 7

What high school is near 984 550, Spanish Fork?

Accepted Answer

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

Question 8

What elementary school is near 984 550, Spanish Fork?

Accepted Answer

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

Question 9

What middle school is near 984 550, Spanish Fork?

Accepted Answer

The nearest middle school is Spanish Fork Jr.

Question 10

How does this listing compare to the Spanish Fork market?

Accepted Answer

984 550, Spanish Fork is listed at $270,000, which is below the Spanish Fork median of $510,000 by $240,000. There are currently 240 active listings in Spanish Fork. Homes in Spanish Fork sell in an average of 60 days. The average sale-to-list ratio is 99.5%.

Question 11

What is the Spanish Fork real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Spanish Fork is $510,000. There are currently 240 active listings. Homes sell in an average of 60 days. The average sale-to-list ratio is 99.5%. This listing at $270,000 is below the Spanish Fork 2026 median.

Question 12

Are there other homes for sale in Spanish Fork?

Accepted Answer

Yes — there are currently 240 active listings in Spanish Fork. Browse all Spanish Fork homes for sale at propaired.ai/listings/ut/spanish-fork. Prices range around a median of $510,000. Homes in Spanish Fork are selling in about 60 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $270,000, this property is below the Utah state median of $525,000 by $255,000. Spanish Fork prices are 3% 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 14

What would homeowner's insurance cost for 984 550, Spanish Fork?

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 $270,000, expect approximately $810-$1,350/year ($68-$113/month).   Get multiple quotes — rates vary significantly by insurer.

Question 15

What are the estimated closing costs for 984 550, Spanish Fork?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $270,000, expect approximately $5,400-$13,500 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 16

How does the property tax compare to the list price at 984 550, Spanish Fork?

Accepted Answer

The annual property tax of $1,970 represents an effective rate of 0.73% relative to the list price of $270,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 17

Is 984 550, Spanish Fork eligible for FHA or VA financing?

Accepted Answer

At $270,000, 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 18

Could 984 550, Spanish Fork be a 1031 exchange property?

Accepted Answer

Yes, 984 550, Spanish Fork 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 19

What is the price trend in Spanish Fork?

Accepted Answer

Spanish Fork's median price has increased 3.9% month-over-month. Current median: $510,000. Days on market have increased by 1.8% month-over-month. Homes are selling at 99.5% of list price on average. Monitor these trends to time your offer strategically.

Question 20

What school district is 984 550, Spanish Fork in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: River View. 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 21

Is 984 550, Spanish Fork move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

Does 984 550, Spanish Fork 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 984 550, Spanish Fork?

Accepted Answer

The lot is 0.25 acres. Lot features: Curb & Gutter,Secluded,Sidewalks,View: Mountain,Terrain: Flat. Terrain: Terrain: Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 24

What utilities are available at 984 550, Spanish Fork?

Accepted Answer

Available utilities include: Gas: Stubbed,Power: Stubbed,Sewer: Stubbed.   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.

984 550, Spanish Fork, UT 84660

984 S 550 W, Spanish Fork, UT 84660

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