Question 1

What is the asking price for 3488 1120, Spanish Fork?

Accepted Answer

3488 1120, Spanish Fork is listed at $1,174,900 ($221/sqft).  Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 3488 1120, Spanish Fork have?

Accepted Answer

This Residential features 6 bedrooms, 6 bathrooms, 5,325 square feet of living space. It is a 3-story home. The lot is 0.36 acres.

Question 3

When was 3488 1120, Spanish Fork 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 3488 1120, Spanish Fork?

Accepted Answer

3488 1120, Spanish Fork is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the WILLOW ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 3488 1120, Spanish Fork have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 3488 1120, 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 7

What are the property taxes for 3488 1120, Spanish Fork?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 3488 1120, Spanish Fork?

Accepted Answer

Interior features include: Basement Apartment, Closet: Walk-In, Den/Office, Great Room, Range: Gas. Exterior features include: Basement Entrance, Porch: Open, Sliding Glass Doors. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 3488 1120, Spanish Fork a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 4/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 3488 1120, Spanish Fork?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $5,702. Including estimated taxes, the total monthly cost is approximately $5,702. A 15-year mortgage at 5.50% would be $7,680/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 3488 1120, Spanish Fork been on the market?

Accepted Answer

This property has been listed for 1 days. The average days on market in Spanish Fork is 77 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 12

Is 3488 1120, Spanish Fork a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $42,178 with a gross rental yield of 3.6%. Net rental yield (after estimated expenses): 2.3%.  Estimated debt service coverage ratio (DSCR): 0.46. Investor score: 24/100. These are estimates based on area comparables.

Question 13

What is the estimated rental income for 3488 1120, Spanish Fork?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $3,515 ($42,180/year). The gross rent multiplier is 27.9x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 14

What lifestyle features does 3488 1120, Spanish Fork offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: ADU/Multigenerational, Luxury Estate. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 15

Is 3488 1120, Spanish Fork new construction?

Accepted Answer

Yes, this is a new construction property built in 2025. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 16

What makes 3488 1120, Spanish Fork a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 5,325 sqft on 0.36 acres, it offers premium living.    Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 17

What schools serve 3488 1120, Spanish Fork?

Accepted Answer

Assigned schools: Elementary: Maple Ridge; Middle: Mapleton Jr; High: Maple Mountain. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Maple Ridge School with a 62% state performance score (2.0 miles away). School district: Nebo.

Question 18

How does this listing compare to the Spanish Fork market?

Accepted Answer

3488 1120, Spanish Fork is listed at $1,174,900, which is above the Spanish Fork median of $488,000 by $686,900. There are currently 174 active listings in Spanish Fork. Homes in Spanish Fork sell in an average of 77 days. The average sale-to-list ratio is 100.3%.

Question 19

How does this price compare to the Utah state average?

Accepted Answer

At $1,174,900, this property is above the Utah state median of $510,000 by $664,900. Spanish Fork 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 20

What is the Propaired intelligence score for 3488 1120, Spanish Fork?

Accepted Answer

This property has a Propaired intelligence score of 22/100, combining deal value (4), recreation access (N/A), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 21

What heating and cooling systems does 3488 1120, Spanish Fork have?

Accepted Answer

Heating: Forced Air,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 22

What type of roof does 3488 1120, Spanish Fork 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 23

Does 3488 1120, Spanish Fork 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 24

What is 3488 1120, Spanish Fork constructed from?

Accepted Answer

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

Question 25

What type of flooring does 3488 1120, Spanish Fork have?

Accepted Answer

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

Question 26

What are the water and sewer connections for 3488 1120, Spanish Fork?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 27

What would homeowner's insurance cost for 3488 1120, 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 $1,174,900, expect approximately $3,525-$5,875/year ($294-$490/month).   Get multiple quotes — rates vary significantly by insurer.

Question 28

What are the estimated closing costs for 3488 1120, Spanish Fork?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,174,900, expect approximately $23,498-$58,745 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 29

How does the property tax compare to the list price at 3488 1120, Spanish Fork?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $1,174,900. 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 30

What are the total estimated monthly costs for 3488 1120, Spanish Fork?

Accepted Answer

Estimated total monthly housing cost: $6,094. This includes principal & interest ($5,702 at 6.11% with 20% down), and estimated insurance (~$392/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 31

Is 3488 1120, Spanish Fork eligible for FHA or VA financing?

Accepted Answer

At $1,174,900, 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 32

What is the estimated cap rate for 3488 1120, Spanish Fork?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.3%, based on estimated annual rent of $42,178 and a purchase price of $1,174,900. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 33

Is Spanish Fork a good rental market?

Accepted Answer

Estimated monthly rent in Spanish Fork is approximately $2,197. Homes in Spanish Fork sell in an average of 77 days, indicating moderate demand in this market. There are 174 active listings currently. Gross rental yield in this area: 3.6%. Utah's steady population growth continues to drive rental demand.

Question 34

Could 3488 1120, Spanish Fork be a 1031 exchange property?

Accepted Answer

Yes, 3488 1120, 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 35

Is the Spanish Fork neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.0% over the past year. The current Zillow Home Value Index for this area is $505,667. This listing is priced at 232% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 36

What is the price trend in Spanish Fork?

Accepted Answer

Spanish Fork's median price has increased 38.5% month-over-month. Current median: $488,000. Days on market have decreased by 25.0% month-over-month. Homes are selling at 100.3% of list price on average. Monitor these trends to time your offer strategically.

Question 37

What school district is 3488 1120, Spanish Fork in?

Accepted Answer

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

Question 38

Is 3488 1120, Spanish Fork move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 39

Does 3488 1120, 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 40

What is the lot like at 3488 1120, Spanish Fork?

Accepted Answer

The lot is 0.36 acres. Lot features: Sprinkler: Auto-Part,View: Mountain,Drip Irrigation: Auto-Part. Terrain: Sprinkler: Auto-Part, View: Mountain, Drip Irrigation: Auto-Part. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 41

What utilities are available at 3488 1120, Spanish Fork?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. 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 42

Does 3488 1120, Spanish Fork have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,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.

3488 1120, Spanish Fork, UT 84660

3488 E 1120 S #115, Spanish Fork, UT 84660

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