Question 1

What is the asking price for 240 250, Torrey?

Accepted Answer

240 250, Torrey is listed at $724,999 ($448/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 240 250, Torrey have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,620 square feet of living space. It is a 1-story home. The lot is 0.56 acres.

Question 3

When was 240 250, Torrey built?

Accepted Answer

This property was built in 2024, making it 2 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 240 250, Torrey?

Accepted Answer

240 250, Torrey is a Residential (Single Family Residence).  It is located in the RAINBOW RIM subdivision. Zoning: Single-Family.

Question 5

Does 240 250, Torrey have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage and 6 open parking spaces. Total parking capacity: 8 vehicles.

Question 6

Is there an HOA for 240 250, 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 240 250, Torrey?

Accepted Answer

Annual property taxes for this property are approximately $3,200 (about $267/month). This represents an effective tax rate of approximately 0.44% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 240 250, Torrey?

Accepted Answer

Interior features include: Closet: Walk-In, Disposal, Great Room, Vaulted Ceilings, Instantaneous Hot Water. Exterior features include: Double Pane Windows, Patio: Covered. The home has 1 fireplace.  Spa/hot tub included. View: Mountain(s).

Question 9

Is 240 250, Torrey a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

What would the monthly mortgage payment be for 240 250, Torrey?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $3,613. Including estimated taxes, the total monthly cost is approximately $3,880. A 15-year mortgage at 5.71% would be $4,804/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 11

How long has 240 250, Torrey been on the market?

Accepted Answer

This property has been listed for 0 days.  This is a fresh listing — act quickly if interested.

Question 12

What schools serve 240 250, Torrey?

Accepted Answer

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

Question 13

What high school is near 240 250, 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 14

What elementary school is near 240 250, Torrey?

Accepted Answer

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

Question 15

What middle school is near 240 250, Torrey?

Accepted Answer

The nearest middle school is Wayne.

Question 16

What is the internet speed at 240 250, Torrey?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 1000 Mbps download / 1000 Mbps upload. Fiber internet is available at this address. Available providers: Beehive Broadband (0 Mbps, Fixed Wireless); HughesNet (100 Mbps, Satellite); South Central Communications (1000 Mbps, Fiber). Total providers: 5.

Question 17

Is 240 250, Torrey 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 18

What is the Propaired intelligence score for 240 250, Torrey?

Accepted Answer

This property has a Propaired intelligence score of 4/100, combining deal value (10), recreation access (N/A), amenity proximity (N/A), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 19

What heating and cooling systems does 240 250, Torrey have?

Accepted Answer

Heating: Heat Pump. Cooling: Central Air,Heat Pump. 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 20

What type of roof does 240 250, Torrey have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 2-year-old home, reviewing recent roof inspections is recommended.

Question 21

Does 240 250, 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 22

What is 240 250, Torrey constructed from?

Accepted Answer

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

Question 23

What are the water and sewer connections for 240 250, Torrey?

Accepted Answer

Water source: Culinary. 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 24

What would homeowner's insurance cost for 240 250, 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 $724,999, expect approximately $2,175-$3,625/year ($181-$302/month).   Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 240 250, Torrey?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $724,999, expect approximately $14,500-$36,250 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 240 250, Torrey?

Accepted Answer

The annual property tax of $3,200 represents an effective rate of 0.44% relative to the list price of $724,999. 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 27

What are the total estimated monthly costs for 240 250, Torrey?

Accepted Answer

Estimated total monthly housing cost: $4,122. This includes principal & interest ($3,613 at 6.36% with 20% down), property tax ($267/mo), and estimated insurance (~$242/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 28

Is 240 250, Torrey eligible for FHA or VA financing?

Accepted Answer

At $724,999, 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 29

Could 240 250, Torrey be a 1031 exchange property?

Accepted Answer

Yes, 240 250, 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 30

Is the Torrey neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 0.6% over the past year. The current Zillow Home Value Index for this area is $485,776. This listing is priced at 149% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 31

What school district is 240 250, 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 32

Is 240 250, Torrey move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 33

Does 240 250, Torrey 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 240 250, Torrey?

Accepted Answer

The lot is 0.56 acres. Lot features: Road: Paved,View: Mountain. Terrain: Road: Paved, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 35

What utilities are available at 240 250, Torrey?

Accepted Answer

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

240 250, Torrey, UT 84775

240 N 250 W, Torrey, UT 84775

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