Question 1

What is the asking price for 1240 1500, Vernal?

Accepted Answer

1240 1500, Vernal is listed at $475,000.  This listing is currently active and available for showings.

Question 2

What type of property is 1240 1500, Vernal?

Accepted Answer

1240 1500, Vernal is a Land (Industrial).   Zoning: Industrial.

Question 3

Is there an HOA for 1240 1500, Vernal?

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 4

What are the property taxes for 1240 1500, Vernal?

Accepted Answer

Annual property taxes for this property are approximately $2,009 (about $167/month). This represents an effective tax rate of approximately 0.42% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 1240 1500, Vernal been on the market?

Accepted Answer

This property has been listed for 1 days. The average days on market in Vernal is 89 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 6

What schools serve 1240 1500, Vernal?

Accepted Answer

Assigned schools: Elementary: Naples; Middle: Vernal Mid; High: Uintah. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Discovery School with a 57% state performance score (1.8 miles away). School district: Uintah.

Question 7

What high school is near 1240 1500, Vernal?

Accepted Answer

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

Question 8

What elementary school is near 1240 1500, Vernal?

Accepted Answer

The nearest elementary school is Naples (1.8 miles away). State performance score: 57%. District: Uintah District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

What middle school is near 1240 1500, Vernal?

Accepted Answer

The nearest middle school is Vernal Mid.

Question 10

How does this listing compare to the Vernal market?

Accepted Answer

1240 1500, Vernal is listed at $475,000, which is above the Vernal median of $350,000 by $125,000. There are currently 123 active listings in Vernal. Homes in Vernal sell in an average of 89 days. The average sale-to-list ratio is 98.6%.

Question 11

What is the Vernal real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Vernal is $350,000. There are currently 123 active listings. Homes sell in an average of 89 days. The average sale-to-list ratio is 98.6%. This listing at $475,000 is above the Vernal 2026 median.

Question 12

Are there other homes for sale in Vernal?

Accepted Answer

Yes — there are currently 123 active listings in Vernal. Browse all Vernal homes for sale at propaired.ai/listings/ut/vernal. Prices range around a median of $350,000. Homes in Vernal are selling in about 89 days on average.

Question 13

What is the Vernal neighborhood like?

Accepted Answer

Gateway to Dinosaur National Monument and outdoor recreation. Growing, good schools, oil industry heritage. Access to fishing, hunting, hiking. Vernal is known for: outdoor-recreation, growing, good-schools, fishing. Population: approximately 11,000. Explore the full Vernal market data and community guide on Propaired.

Question 14

How does this price compare to the Utah state average?

Accepted Answer

At $475,000, this property is below the Utah state median of $525,000 by $50,000. Vernal prices are 33% 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 15

What are the water and sewer connections for 1240 1500, Vernal?

Accepted Answer

Sewer: Sewer: Available.   Water is a critical consideration in Utah's arid climate.

Question 16

What is the commute like from 1240 1500, Vernal?

Accepted Answer

1240 1500, Vernal is located in Vernal, in the Eastern Utah region of Utah. With a population of approximately 11,000, Vernal offers a residential setting. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 17

What is the Vernal community like?

Accepted Answer

Vernal is known for: outdoor-recreation, growing, good-schools, fishing, dinosaur-monument. The city has approximately 11,000 residents. The median home price in Vernal is $310,000. Explore the full Vernal community profile on Propaired for detailed neighborhood insights.

Question 18

What would homeowner's insurance cost for 1240 1500, Vernal?

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 $475,000, expect approximately $1,425-$2,375/year ($119-$198/month).   Get multiple quotes — rates vary significantly by insurer.

Question 19

What are the estimated closing costs for 1240 1500, Vernal?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $475,000, expect approximately $9,500-$23,750 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 20

How does the property tax compare to the list price at 1240 1500, Vernal?

Accepted Answer

The annual property tax of $2,009 represents an effective rate of 0.42% relative to the list price of $475,000. 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 21

Is 1240 1500, Vernal eligible for FHA or VA financing?

Accepted Answer

At $475,000, 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 22

Could 1240 1500, Vernal be a 1031 exchange property?

Accepted Answer

Yes, 1240 1500, Vernal 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 23

What is the price trend in Vernal?

Accepted Answer

Vernal's median price has increased 16.0% month-over-month. Current median: $350,000. Days on market have increased by 85.8% month-over-month. Homes are selling at 98.6% of list price on average. Monitor these trends to time your offer strategically.

Question 24

What school district is 1240 1500, Vernal in?

Accepted Answer

This property is in the Uintah school district. Assigned elementary: Naples. Assigned middle: Vernal Mid. Assigned high: Uintah. 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 1240 1500, Vernal move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 26

Does 1240 1500, Vernal 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 27

What is the lot like at 1240 1500, Vernal?

Accepted Answer

The lot is 4.47 acres. Lot features: Curb & Gutter,Fenced: Part,Terrain: Flat. Terrain: Terrain: Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 28

What utilities are available at 1240 1500, Vernal?

Accepted Answer

Available utilities include: Natural Gas Available,Electricity Available,Sewer Available.  Sewer: Sewer: Available. 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.

1240 1500, Vernal, UT 84078

1240 E 1500 S, Vernal, UT 84078

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