Question 1

What is the asking price for 488 2550, Springville?

Accepted Answer

488 2550, Springville is listed at $287,000 ($266/sqft).  Current status: Closed.

Question 2

How many bedrooms and bathrooms does 488 2550, Springville have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 1,078 square feet of living space. It is a 2-story home. The lot is 0.03 acres.

Question 3

When was 488 2550, Springville built?

Accepted Answer

This property was built in 2010, making it 16 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 488 2550, Springville?

Accepted Answer

488 2550, Springville is a Residential (Condominium). The architectural style is Condo; Top Level. It is located in the BROOKLINE CONDO subdivision.

Question 5

Does 488 2550, Springville have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage. Total parking capacity: 1 vehicles.

Question 6

Is there an HOA for 488 2550, Springville?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $195 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 488 2550, Springville?

Accepted Answer

Annual property taxes for this property are approximately $1,560 (about $130/month). This represents an effective tax rate of approximately 0.54% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 488 2550, Springville?

Accepted Answer

Interior features include: Bath: Primary. Exterior features include: Balcony, Sliding Glass Doors.  Private pool included.

Question 9

How long has 488 2550, Springville been on the market?

Accepted Answer

This property has been listed for 30 days. The average days on market in Springville is 42 days, meaning this listing is moving faster than the local average.

Question 10

Does 488 2550, Springville have a pool?

Accepted Answer

Yes, this property includes a private pool.  Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 11

What schools serve 488 2550, Springville?

Accepted Answer

Assigned schools: Elementary: Meadow Brook; Middle: Springville Jr; High: Springville. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Reagan Academy with a 56% state performance score (1.4 miles away). School district: Nebo.

Question 12

What high school is near 488 2550, Springville?

Accepted Answer

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

Question 13

What elementary school is near 488 2550, Springville?

Accepted Answer

The nearest elementary school is Meadow Brook (1.4 miles away). State performance score: 56%. District: Reagan Academy. Propaired provides full school ratings and comparison data for all schools in this area.

Question 14

What middle school is near 488 2550, Springville?

Accepted Answer

The nearest middle school is Springville Jr.

Question 15

How good are the schools near 488 2550, Springville?

Accepted Answer

Of the 3 schools within 3 miles, 3 have state performance data with an average score of 55%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 16

How does this listing compare to the Springville market?

Accepted Answer

488 2550, Springville is listed at $287,000, which is below the Springville median of $432,000 by $145,000. There are currently 106 active listings in Springville. Homes in Springville sell in an average of 42 days. The average sale-to-list ratio is 99.8%.

Question 17

What is the Springville real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Springville is $432,000. There are currently 106 active listings. Homes sell in an average of 42 days. The average sale-to-list ratio is 99.8%. This listing at $287,000 is below the Springville 2026 median.

Question 18

Are there other homes for sale in Springville?

Accepted Answer

Yes — there are currently 106 active listings in Springville. Browse all Springville homes for sale at propaired.ai/listings/ut/springville. Prices range around a median of $432,000. Homes in Springville are selling in about 42 days on average.

Question 19

How does this price compare to the Utah state average?

Accepted Answer

At $287,000, this property is below the Utah state median of $525,000 by $238,000. Springville prices are 18% 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 heating and cooling systems does 488 2550, Springville have?

Accepted Answer

Heating: Gas: Central. 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 21

What type of roof does 488 2550, Springville have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 16-year-old home, reviewing recent roof inspections is recommended.

Question 22

Does 488 2550, Springville have a basement?

Accepted Answer

Yes, the basement is described as: None. 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 23

What is 488 2550, Springville constructed from?

Accepted Answer

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

Question 24

What type of flooring does 488 2550, Springville have?

Accepted Answer

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

Question 25

What are the water and sewer connections for 488 2550, Springville?

Accepted Answer

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

Question 26

What would homeowner's insurance cost for 488 2550, Springville?

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 $287,000, expect approximately $861-$1,435/year ($72-$120/month).   Get multiple quotes — rates vary significantly by insurer.

Question 27

What are the estimated closing costs for 488 2550, Springville?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $287,000, expect approximately $5,740-$14,350 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 28

How does the property tax compare to the list price at 488 2550, Springville?

Accepted Answer

The annual property tax of $1,560 represents an effective rate of 0.54% relative to the list price of $287,000. 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 29

Is 488 2550, Springville eligible for FHA or VA financing?

Accepted Answer

At $287,000, 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 30

Could 488 2550, Springville be a 1031 exchange property?

Accepted Answer

Yes, 488 2550, Springville 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 31

What is the price trend in Springville?

Accepted Answer

Springville's median price has decreased 47.2% month-over-month. Current median: $432,000. Days on market have increased by 30.1% month-over-month. Homes are selling at 99.8% of list price on average. Monitor these trends to time your offer strategically.

Question 32

What school district is 488 2550, Springville in?

Accepted Answer

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

Question 33

How do nearby schools rank statewide?

Accepted Answer

Of the 3 nearby schools with state rankings, the highest-ranked is Reagan Academy at #152 statewide (56% performance score). Other ranked nearby schools include Cherry Creek School (#305) and Spring Canyon Middle (#335). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 34

Is 488 2550, Springville move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 35

Does 488 2550, Springville 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 36

What is the lot like at 488 2550, Springville?

Accepted Answer

The lot is 0.03 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

Question 37

What utilities are available at 488 2550, Springville?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected.  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 38

Does 488 2550, Springville have natural gas?

Accepted Answer

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

488 2550, Springville, UT 84663

488 S 2550 W #7, Springville, UT 84663

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