Question 1

What is the asking price for 523 1000 NORTH, Torrey?

Accepted Answer

523 1000 NORTH, Torrey is listed at $540,000 ($632/sqft). The original list price was $575,000, representing a reduction of $35,000. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 523 1000 NORTH, Torrey have?

Accepted Answer

This Residential features 2 bedrooms, 2 bathrooms, 855 square feet of living space. It is a 1-story home. The lot is 0.95 acres.

Question 3

When was 523 1000 NORTH, Torrey built?

Accepted Answer

This property was built in 1985, making it 41 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 523 1000 NORTH, Torrey?

Accepted Answer

523 1000 NORTH, Torrey is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the SLEEPING RAINBOW ESTATES subdivision. Zoning: Single-Family.

Question 5

Does 523 1000 NORTH, Torrey have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 2 open parking spaces. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 523 1000 NORTH, Torrey?

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 523 1000 NORTH, Torrey?

Accepted Answer

Annual property taxes for this property are approximately $2,157 (about $180/month). This represents an effective tax rate of approximately 0.40% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 523 1000 NORTH, Torrey?

Accepted Answer

Interior features include: French Doors, Great Room, Kitchen: Updated, Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows, Porch: Open.    View: Mountain(s),Valley,View: Red Rock.

Question 9

How long has 523 1000 NORTH, Torrey been on the market?

Accepted Answer

This property has been listed for 81 days.  Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 523 1000 NORTH, Torrey?

Accepted Answer

Assigned schools: Elementary: Loa; Middle: Wayne; High: Wayne.   School district: Wayne.

Question 11

What high school is near 523 1000 NORTH, Torrey?

Accepted Answer

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

Question 12

What elementary school is near 523 1000 NORTH, Torrey?

Accepted Answer

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

Question 13

What middle school is near 523 1000 NORTH, Torrey?

Accepted Answer

The nearest middle school is Wayne.

Question 14

What heating and cooling systems does 523 1000 NORTH, Torrey have?

Accepted Answer

Heating: Electric. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 15

What type of roof does 523 1000 NORTH, Torrey have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 41-year-old home, reviewing recent roof inspections is recommended.

Question 16

Does 523 1000 NORTH, Torrey 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 17

What is 523 1000 NORTH, Torrey constructed from?

Accepted Answer

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

Question 18

What are the water and sewer connections for 523 1000 NORTH, Torrey?

Accepted Answer

Sewer: Septic Tank.  Septic systems require regular pumping (every 3-5 years) and inspection. Budget approximately $300-$500 for routine maintenance. Water is a critical consideration in Utah's arid climate.

Question 19

What would homeowner's insurance cost for 523 1000 NORTH, Torrey?

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 $540,000, expect approximately $1,620-$2,700/year ($135-$225/month).   Get multiple quotes — rates vary significantly by insurer.

Question 20

What are the estimated closing costs for 523 1000 NORTH, Torrey?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $540,000, expect approximately $10,800-$27,000 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 21

How does the property tax compare to the list price at 523 1000 NORTH, Torrey?

Accepted Answer

The annual property tax of $2,157 represents an effective rate of 0.40% relative to the list price of $540,000. 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 22

Is 523 1000 NORTH, Torrey eligible for FHA or VA financing?

Accepted Answer

At $540,000, 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 23

Could 523 1000 NORTH, Torrey be a 1031 exchange property?

Accepted Answer

Yes, 523 1000 NORTH, Torrey 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 24

What school district is 523 1000 NORTH, Torrey in?

Accepted Answer

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

Question 25

Is 523 1000 NORTH, Torrey move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

What updates might 523 1000 NORTH, Torrey need?

Accepted Answer

At 41 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt. Current heating: Electric. 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 27

Does 523 1000 NORTH, Torrey come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 28

What is the lot like at 523 1000 NORTH, Torrey?

Accepted Answer

The lot is 0.95 acres. Lot features: Fenced: Part,Road: Unpaved,Secluded,Terrain: Hilly,Terrain: Mountain,View: Mountain,View: Valley,Wooded,Private,View: Red Rock. Terrain: Fenced: Part, Road: Unpaved, Secluded Yard, Terrain, Flat, Terrain: Hilly, Terrain: Mountain, View: Mountain, View: Valley, Wooded, Private, View: Red Rock. Views: Mountain(s),Valley,View: Red Rock.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 29

What utilities are available at 523 1000 NORTH, Torrey?

Accepted Answer

Available utilities include: Electricity Connected,Sewer: Septic Tank,Water Connected.  Sewer: Septic Tank. 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.

523 1000 NORTH, Torrey, UT 84775

523 W 1000 NORTH ST #37, Torrey, UT 84775

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