Question 1

What is the asking price for 2547 500, Springville?

Accepted Answer

2547 500, Springville is listed at $299,999 ($275/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 2547 500, Springville have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 1,090 square feet of living space. It is a 1-story home. The lot is 0.03 acres.

Question 3

When was 2547 500, Springville built?

Accepted Answer

This property was built in 2015, making it 11 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 2547 500, Springville?

Accepted Answer

2547 500, Springville is a Residential (Condominium). The architectural style is Condo; Top Level. It is located in the PLAT A BROOKLINE CON subdivision. Zoning: Single-Family.

Question 5

Does 2547 500, Springville have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 1 open parking space. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 2547 500, 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 2547 500, Springville?

Accepted Answer

Annual property taxes for this property are approximately $1,626 (about $136/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 2547 500, Springville?

Accepted Answer

Interior features include: Alarm: Fire, Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng.. Exterior features include: Balcony, Double Pane Windows, Entry (Foyer), Lighting, Porch: Open.  Private pool included.  View: Mountain(s).

Question 9

Is 2547 500, Springville a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 25/100. The price is 14% 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 $264,000 (based on 3 homes). At $299,999, this listing is 14% above the median for comparable homes. It ranks #Above Similar among similar listings by value.

Question 11

What would the monthly mortgage payment be for 2547 500, Springville?

Accepted Answer

At the current 30-year mortgage rate of 6.30% with 20% down, the estimated monthly principal and interest payment is $1,486. Including estimated taxes and HOA fees, the total monthly cost is approximately $1,817. A 15-year mortgage at 5.65% would be $1,980/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 2547 500, Springville been on the market?

Accepted Answer

This property has been listed for 0 days. The average days on market in Springville is 70 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

Is 2547 500, Springville a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $19,665 with a gross rental yield of 6.6%. Net rental yield (after estimated expenses): 4.3%.  Estimated debt service coverage ratio (DSCR): 0.97. Investor score: 39/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 2547 500, Springville?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,639 ($19,668/year). The gross rent multiplier is 15.3x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 2547 500, Springville offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Pool. The primary lifestyle niche is "pool." These tags are derived from MLS data, property features, and location analysis.

Question 16

Does 2547 500, 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 17

What recreation is near 2547 500, Springville?

Accepted Answer

This property has a recreation score of 71/100. Nearby recreation includes: Devin Glen trailhead (1.9 mi); Kelvin Grove Park park (1.4 mi); Timpanogos Golf Course (3.1 mi); Utah Lake State Park (8.9 mi). Skiing: Sundance Resort (15.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 2547 500, Springville?

Accepted Answer

Yes, the nearest trailhead is Devin Glen, just 1.9 miles from the property. Utah Lake State Park is 8.9 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What schools serve 2547 500, Springville?

Accepted Answer

Assigned schools: Elementary: Meadow Brook; Middle: Mapleton Jr; High: Springville.   School district: Nebo.

Question 20

What high school is near 2547 500, 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 21

What elementary school is near 2547 500, Springville?

Accepted Answer

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

Question 22

What middle school is near 2547 500, Springville?

Accepted Answer

The nearest middle school is Mapleton Jr.

Question 23

What is the internet speed at 2547 500, Springville?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CentraCom (1000 Mbps, Fiber); CenturyLink (10 Mbps, DSL). Total providers: 16.

Question 24

Is 2547 500, Springville in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 25

How does this listing compare to the Springville market?

Accepted Answer

2547 500, Springville is listed at $299,999, which is below the Springville median of $500,000 by $200,001. 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 26

What is the Springville real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Springville is $500,000. There are currently 85 active listings. Homes sell in an average of 70 days. The average sale-to-list ratio is 99.2%. This listing at $299,999 is below the Springville 2026 median.

Question 27

Are there other homes for sale in Springville?

Accepted Answer

Yes — there are currently 85 active listings in Springville. Browse all Springville homes for sale at propaired.ai/listings/ut/springville. Prices range around a median of $500,000. Homes in Springville are selling in about 70 days on average.

Question 28

How does this price compare to the Utah state average?

Accepted Answer

At $299,999, this property is below the Utah state median of $510,000 by $210,001. 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 29

What is the Propaired intelligence score for 2547 500, Springville?

Accepted Answer

This property has a Propaired intelligence score of 29/100, combining deal value (25), recreation access (71), amenity proximity (N/A), broadband quality (100), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 30

What heating and cooling systems does 2547 500, Springville have?

Accepted Answer

Heating system details are not listed. 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 31

What type of roof does 2547 500, Springville have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 11-year-old home, reviewing recent roof inspections is recommended.

Question 32

Does 2547 500, 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 33

What type of flooring does 2547 500, Springville have?

Accepted Answer

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

Question 34

What are the water and sewer connections for 2547 500, Springville?

Accepted Answer

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

Question 35

What would homeowner's insurance cost for 2547 500, 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 $299,999, expect approximately $900-$1,500/year ($75-$125/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 2547 500, Springville?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $299,999, expect approximately $6,000-$15,000 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 37

How does the property tax compare to the list price at 2547 500, Springville?

Accepted Answer

The annual property tax of $1,626 represents an effective rate of 0.54% relative to the list price of $299,999. 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 38

What are the total estimated monthly costs for 2547 500, Springville?

Accepted Answer

Estimated total monthly housing cost: $1,917. This includes principal & interest ($1,486 at 6.30% with 20% down), property tax ($136/mo), HOA ($195/mo), and estimated insurance (~$100/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 2547 500, Springville eligible for FHA or VA financing?

Accepted Answer

At $299,999, 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 40

What is the estimated cap rate for 2547 500, Springville?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 4.3%, based on estimated annual rent of $19,665 and a purchase price of $299,999. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 41

Is Springville a good rental market?

Accepted Answer

Estimated monthly rent in Springville is approximately $1,515. 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: 6.6%. Utah's steady population growth continues to drive rental demand.

Question 42

Could 2547 500, Springville be a 1031 exchange property?

Accepted Answer

Yes, 2547 500, 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 43

How does 2547 500, Springville compare to recently sold homes nearby?

Accepted Answer

Based on 3 comparable properties, the median sold price in this area is $264,000. This listing is 14% above the comparable median. It ranks Above Similar among similar listings by value. The median for this property type specifically is $272,000. Comparable analysis is based on similar size, age, and location.

Question 44

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 60% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

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 46

Is 2547 500, Springville overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 14% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 25/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 47

What school district is 2547 500, Springville in?

Accepted Answer

This property is in the Nebo school district. Assigned elementary: Meadow Brook. Assigned middle: Mapleton 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 48

What parks are near 2547 500, Springville?

Accepted Answer

The nearest local park is Kelvin Grove Park (1.4 miles away). The nearest state park is Utah Lake State Park (8.9 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 49

Is there a golf course near 2547 500, Springville?

Accepted Answer

The nearest golf course is Timpanogos Golf Course, 3.1 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 50

What water activities are near 2547 500, Springville?

Accepted Answer

Water recreation near this property includes: Utah Lake (7.8 mi); boat ramp at Millrace south (2.9 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 51

Is 2547 500, Springville move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 52

Does 2547 500, 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 53

What is the lot like at 2547 500, Springville?

Accepted Answer

The lot is 0.03 acres. Lot features: Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 54

What utilities are available at 2547 500, Springville?

Accepted Answer

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

2547 500, Springville, UT 84663

2547 W 500 S #6, Springville, UT 84663

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