Question 1

What is the asking price for 501 WATER WHEEL, Stansbury Park?

Accepted Answer

501 WATER WHEEL, Stansbury Park is listed at $403,750 ($122/sqft). The original list price was $475,000, representing a reduction of $71,250. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 501 WATER WHEEL, Stansbury Park have?

Accepted Answer

This Residential features 5 bedrooms, 3 bathrooms, 3,298 square feet of living space. It is a 3-story home. The lot is 0.18 acres.

Question 3

When was 501 WATER WHEEL, Stansbury Park built?

Accepted Answer

This property was built in 2002, making it 24 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 501 WATER WHEEL, Stansbury Park?

Accepted Answer

501 WATER WHEEL, Stansbury Park is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the GATEWAY subdivision. Zoning: Single-Family.

Question 5

Does 501 WATER WHEEL, Stansbury Park have a garage or parking?

Accepted Answer

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

Question 6

Is there an HOA for 501 WATER WHEEL, Stansbury Park?

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 501 WATER WHEEL, Stansbury Park?

Accepted Answer

Annual property taxes for this property are approximately $4,031 (about $336/month). This represents an effective tax rate of approximately 1.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 501 WATER WHEEL, Stansbury Park?

Accepted Answer

Interior features include: Closet: Walk-In, Disposal. Exterior features include: Double Pane Windows, Porch: Open, Patio: Open.

Question 9

How long has 501 WATER WHEEL, Stansbury Park been on the market?

Accepted Answer

This property has been listed for 50 days. The average days on market in Stansbury Park is 127 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 501 WATER WHEEL, Stansbury Park?

Accepted Answer

Assigned schools: Elementary: Stansbury; Middle: Clarke N Johnsen; High: Stansbury.   School district: Tooele.

Question 11

What high school is near 501 WATER WHEEL, Stansbury Park?

Accepted Answer

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

Question 12

What elementary school is near 501 WATER WHEEL, Stansbury Park?

Accepted Answer

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

Question 13

What middle school is near 501 WATER WHEEL, Stansbury Park?

Accepted Answer

The nearest middle school is Clarke N Johnsen.

Question 14

How does this listing compare to the Stansbury Park market?

Accepted Answer

501 WATER WHEEL, Stansbury Park is listed at $403,750, which is below the Stansbury Park median of $492,500 by $88,750. There are currently 60 active listings in Stansbury Park. Homes in Stansbury Park sell in an average of 127 days. The average sale-to-list ratio is 99.7%.

Question 15

What is the Stansbury Park real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Stansbury Park is $492,500. There are currently 60 active listings. Homes sell in an average of 127 days. The average sale-to-list ratio is 99.7%. This listing at $403,750 is below the Stansbury Park 2026 median.

Question 16

Are there other homes for sale in Stansbury Park?

Accepted Answer

Yes — there are currently 60 active listings in Stansbury Park. Browse all Stansbury Park homes for sale at propaired.ai/listings/ut/stansbury-park. Prices range around a median of $492,500. Homes in Stansbury Park are selling in about 127 days on average.

Question 17

How does this price compare to the Utah state average?

Accepted Answer

At $403,750, this property is below the Utah state median of $510,000 by $106,250. Stansbury Park 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 18

What heating and cooling systems does 501 WATER WHEEL, Stansbury Park 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 19

What type of roof does 501 WATER WHEEL, Stansbury Park have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 24-year-old home, reviewing recent roof inspections is recommended.

Question 20

Does 501 WATER WHEEL, Stansbury Park 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 21

What is 501 WATER WHEEL, Stansbury Park constructed from?

Accepted Answer

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

Question 22

What type of flooring does 501 WATER WHEEL, Stansbury Park have?

Accepted Answer

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

Question 23

What are the water and sewer connections for 501 WATER WHEEL, Stansbury Park?

Accepted Answer

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

Question 24

What would homeowner's insurance cost for 501 WATER WHEEL, Stansbury Park?

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 $403,750, expect approximately $1,211-$2,019/year ($101-$168/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 501 WATER WHEEL, Stansbury Park?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $403,750, expect approximately $8,075-$20,188 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 26

How does the property tax compare to the list price at 501 WATER WHEEL, Stansbury Park?

Accepted Answer

The annual property tax of $4,031 represents an effective rate of 1.00% relative to the list price of $403,750. This is above the Utah average of approximately 0.58%. Taxes may adjust after a sale based on the county's reassessment. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 27

Is 501 WATER WHEEL, Stansbury Park eligible for FHA or VA financing?

Accepted Answer

At $403,750, 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 28

Could 501 WATER WHEEL, Stansbury Park be a 1031 exchange property?

Accepted Answer

Yes, 501 WATER WHEEL, Stansbury Park 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 29

What is the price trend in Stansbury Park?

Accepted Answer

Stansbury Park's median price has decreased 13.7% month-over-month. Current median: $492,500. Days on market have decreased by 62.8% month-over-month. Homes are selling at 99.7% of list price on average. Monitor these trends to time your offer strategically.

Question 30

What school district is 501 WATER WHEEL, Stansbury Park in?

Accepted Answer

This property is in the Tooele school district. Assigned elementary: Stansbury. Assigned middle: Clarke N Johnsen. Assigned high: Stansbury. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 31

Is 501 WATER WHEEL, Stansbury Park move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 32

What updates might 501 WATER WHEEL, Stansbury Park need?

Accepted Answer

At 24 years old, common updates to consider include: HVAC system update. Current roof: Asphalt. Current heating: 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 33

Does 501 WATER WHEEL, Stansbury Park 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 34

What is the lot like at 501 WATER WHEEL, Stansbury Park?

Accepted Answer

The lot is 0.18 acres. Lot features: Fenced: Full,Sidewalks. Terrain: Fenced: Full, Sidewalks, Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 35

Does 501 WATER WHEEL, Stansbury Park 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.

501 WATER WHEEL, Stansbury Park, UT 84074

501 W WATER WHEEL LN, Stansbury Park, UT 84074

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