Question 1

What is the asking price for 1052 COVE, Springville?

Accepted Answer

1052 COVE, Springville is listed at $1,200,000 ($269/sqft). The original list price was $1,299,000, representing a reduction of $99,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1052 COVE, Springville have?

Accepted Answer

This Residential features 5 bedrooms, 4 bathrooms, 4,465 square feet of living space. It is a 2-story home. The lot is 0.61 acres.

Question 3

When was 1052 COVE, Springville built?

Accepted Answer

This property was built in 2004, making it 22 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 1052 COVE, Springville?

Accepted Answer

1052 COVE, Springville is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 1052 COVE, Springville have a garage or parking?

Accepted Answer

Yes, this property includes a 4-car garage and 8 open parking spaces. Total parking capacity: 12 vehicles.

Question 6

Is there an HOA for 1052 COVE, Springville?

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 1052 COVE, Springville?

Accepted Answer

Annual property taxes for this property are approximately $4,288 (about $357/month). This represents an effective tax rate of approximately 0.36% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1052 COVE, Springville?

Accepted Answer

Interior features include: Bar: Dry, Bath: Primary, Bath: Sep. Tub/Shower, Central Vacuum, Closet: Walk-In. Exterior features include: Deck; Covered, Double Pane Windows, Patio: Open. The home has 2 fireplaces.   View: Mountain(s).

Question 9

Is 1052 COVE, Springville a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 12/100. Key deal signals: 8% price reduction from original list. The price is 44% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Springville?

Accepted Answer

The median price for similar properties in the area is $832,000 (based on 10 homes). At $1,200,000, this listing is 44% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

Has the price been reduced on 1052 COVE, Springville?

Accepted Answer

Yes, the price has been reduced by 7.6% from the original list price of $1,299,000 to the current price of $1,200,000 — a reduction of $99,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1052 COVE, Springville?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $6,043. Including estimated taxes, the total monthly cost is approximately $6,400. A 15-year mortgage at 5.77% would be $7,982/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1052 COVE, Springville been on the market?

Accepted Answer

This property has been listed for 50 days. The average days on market in Springville is 70 days, meaning this listing is moving faster than the local average.

Question 14

Is 1052 COVE, Springville a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $42,709 with a gross rental yield of 3.6%. Net rental yield (after estimated expenses): 2.3%.  Estimated debt service coverage ratio (DSCR): 0.44. Investor score: 26/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 1052 COVE, Springville?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $3,559 ($42,708/year). The gross rent multiplier is 28.1x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 1052 COVE, Springville offer?

Accepted Answer

Propaired's AI has identified 6 lifestyle features for this property: Golf Community, Luxury Estate, Scenic Views, Workshop/Maker Space, Hot Tub/Spa, Privacy/Seclusion. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 17

What makes 1052 COVE, Springville a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 4,465 sqft on 0.61 acres, it offers premium living.  The property features scenic views.  Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 18

What recreation is near 1052 COVE, Springville?

Accepted Answer

This property has a recreation score of 66/100. Nearby recreation includes: Hobble Creek Parkway trailhead (0.7 mi); Hobble Creek Park park (0.3 mi); Hobble Creek Golf Course (2.9 mi); Utah Lake State Park (13.6 mi). Skiing: Sundance Resort (15.7 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 1052 COVE, Springville?

Accepted Answer

Yes, the nearest trailhead is Hobble Creek Parkway, just 0.7 miles from the property. Utah Lake State Park is 13.6 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 1052 COVE, Springville?

Accepted Answer

This property has an amenity proximity score of 75/100. Nearby services include: Grocery: Ream's Springville Market (1.8 mi); Hospital: Medical Center (2.8 mi); Pharmacy: Art City Pharmacy (2.4 mi); Dining: Riggatti's Woodfire Pizza (1.8 mi). Gas station: 1.9 miles. Gym: Walker Physical Therapy (1.9 mi).

Question 21

How far is the nearest hospital from 1052 COVE, Springville?

Accepted Answer

The nearest hospital is Medical Center, approximately 2.8 miles from the property. The nearest fire station is 1.3 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 1052 COVE, Springville?

Accepted Answer

Assigned schools: Elementary: Hobble Creek; Middle: Springville Jr; High: Springville. There are 6 schools within 3 miles of this property. The highest-rated nearby school is Maple Ridge School with a 62% state performance score (2.9 miles away). School district: Nebo.

Question 23

How good are the schools near 1052 COVE, Springville?

Accepted Answer

Of the 6 schools within 3 miles, 6 have state performance data with an average score of 57%.  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 24

What is the internet speed at 1052 COVE, Springville?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CenturyLink (10 Mbps, DSL); Google Fiber (8000 Mbps, Fiber). Total providers: 11.

Question 25

Is 1052 COVE, Springville in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 26

How does this listing compare to the Springville market?

Accepted Answer

1052 COVE, Springville is listed at $1,200,000, which is above the Springville median of $500,000 by $700,000. There are currently 85 active listings in Springville. Homes in Springville sell in an average of 70 days. The average sale-to-list ratio is 99.2%.

Question 27

How does this price compare to the Utah state average?

Accepted Answer

At $1,200,000, this property is above the Utah state median of $510,000 by $690,000. Springville prices are 2% 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 28

What is the Propaired intelligence score for 1052 COVE, Springville?

Accepted Answer

This property has a Propaired intelligence score of 45/100, combining deal value (12), recreation access (66), amenity proximity (75), broadband quality (100), and lifestyle features (6 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 29

What heating and cooling systems does 1052 COVE, Springville have?

Accepted Answer

Heating: Forced Air,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 30

What type of roof does 1052 COVE, Springville have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 22-year-old home, reviewing recent roof inspections is recommended.

Question 31

Does 1052 COVE, Springville have a basement?

Accepted Answer

Yes, the basement is described as: Daylight,Full. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 32

What is 1052 COVE, Springville constructed from?

Accepted Answer

Construction materials include: Asphalt,Brick,Stone,Stucco. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 33

What type of flooring does 1052 COVE, Springville have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 34

What are the water and sewer connections for 1052 COVE, Springville?

Accepted Answer

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

Question 35

What shopping and dining is near 1052 COVE, Springville?

Accepted Answer

The nearest restaurant is Riggatti's Woodfire Pizza (1.8 miles away) and the nearest grocery store is Ream's Springville Market (1.8 miles). Coffee: Ginger's Garden Cafe (2.5 mi). Banking: Central Bank (1.4 mi). Overall amenity proximity score: 75/100.

Question 36

What would homeowner's insurance cost for 1052 COVE, 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 $1,200,000, expect approximately $3,600-$6,000/year ($300-$500/month).   Get multiple quotes — rates vary significantly by insurer.

Question 37

What are the estimated closing costs for 1052 COVE, Springville?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,200,000, expect approximately $24,000-$60,000 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 38

How does the property tax compare to the list price at 1052 COVE, Springville?

Accepted Answer

The annual property tax of $4,288 represents an effective rate of 0.36% relative to the list price of $1,200,000. 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 39

What are the total estimated monthly costs for 1052 COVE, Springville?

Accepted Answer

Estimated total monthly housing cost: $6,800. This includes principal & interest ($6,043 at 6.46% with 20% down), property tax ($357/mo), and estimated insurance (~$400/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 40

Is 1052 COVE, Springville eligible for FHA or VA financing?

Accepted Answer

At $1,200,000, 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 41

What is the estimated cap rate for 1052 COVE, Springville?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.3%, based on estimated annual rent of $42,709 and a purchase price of $1,200,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 42

Is Springville a good rental market?

Accepted Answer

Estimated monthly rent in Springville is approximately $1,569. Homes in Springville sell in an average of 70 days, indicating moderate demand in this market. There are 85 active listings currently. Gross rental yield in this area: 3.6%. Utah's steady population growth continues to drive rental demand.

Question 43

Could 1052 COVE, Springville be a 1031 exchange property?

Accepted Answer

Yes, 1052 COVE, 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 44

How does 1052 COVE, Springville compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $832,000. This listing is 44% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $749,950. Comparable analysis is based on similar size, age, and location.

Question 45

Is the Springville neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.9% over the past year. The current Zillow Home Value Index for this area is $500,208. This listing is priced at 240% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 46

What is the price trend in Springville?

Accepted Answer

Springville's median price has decreased 3.0% month-over-month. Current median: $500,000. Days on market have decreased by 49.2% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 47

Is 1052 COVE, Springville overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 44% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 12/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 48

What school district is 1052 COVE, Springville in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Hobble Creek. 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 49

How do nearby schools rank statewide?

Accepted Answer

Of the 6 nearby schools with state rankings, the highest-ranked is Hobble Creek School at #244 statewide (58% performance score). Other ranked nearby schools include Art City School (#282) and Springville High (#300). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 50

What parks are near 1052 COVE, Springville?

Accepted Answer

The nearest local park is Hobble Creek Park (0.3 miles away). The nearest state park is Utah Lake State Park (13.6 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 51

Is there a golf course near 1052 COVE, Springville?

Accepted Answer

The nearest golf course is Hobble Creek Golf Course, 2.9 miles from the property. This property is located within a golf community, which may include membership benefits and golf course views. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 52

What water activities are near 1052 COVE, Springville?

Accepted Answer

Water recreation near this property includes: Utah Lake (12.2 mi); boat ramp at Millrace south (5.8 mi); fishing at Provo River (11.5 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 53

Is 1052 COVE, Springville move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 54

What updates might 1052 COVE, Springville need?

Accepted Answer

At 22 years old, common updates to consider include: HVAC system update. Current roof: Asphalt. Current heating: Forced Air,Gas: Central. 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 55

Does 1052 COVE, 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 56

What is the lot like at 1052 COVE, Springville?

Accepted Answer

The lot is 0.61 acres. Lot features: Curb & Gutter,Fenced: Part,Road: Paved,Secluded,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full. Terrain: Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 57

What utilities are available at 1052 COVE, Springville?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Sewer: Public,Water Available,Water Connected.  Sewer: Sewer: Available,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 58

Does 1052 COVE, Springville have natural gas?

Accepted Answer

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

Question 59

Is there EV charging near 1052 COVE, Springville?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 3.2 miles from the property. With a 4-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

1052 COVE, Springville, UT 84663

1052 S COVE DR, Springville, UT 84663

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