Question 1

What is the asking price for 7039 THREE MILE CANYON, Wanship?

Accepted Answer

7039 THREE MILE CANYON, Wanship is listed at $2,800,000.  Current status: Expired.

Question 2

What type of property is 7039 THREE MILE CANYON, Wanship?

Accepted Answer

7039 THREE MILE CANYON, Wanship is a Land (Industrial).   Zoning: Agricultural.

Question 3

Is there an HOA for 7039 THREE MILE CANYON, Wanship?

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 7039 THREE MILE CANYON, Wanship?

Accepted Answer

Annual property taxes for this property are approximately $13 (about $1/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

How long has 7039 THREE MILE CANYON, Wanship been on the market?

Accepted Answer

This property has been listed for 195 days. The average days on market in Wanship is 142 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 6

What schools serve 7039 THREE MILE CANYON, Wanship?

Accepted Answer

Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit.   School district: South Summit.

Question 7

How does this listing compare to the Wanship market?

Accepted Answer

7039 THREE MILE CANYON, Wanship is listed at $2,800,000, which is above the Wanship median of $1,410,000 by $1,390,000. There are currently 5 active listings in Wanship. Homes in Wanship sell in an average of 142 days. The average sale-to-list ratio is 96.6%.

Question 8

How does this price compare to the Utah state average?

Accepted Answer

At $2,800,000, this property is above the Utah state median of $510,000 by $2,290,000. Wanship prices are 176% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 9

What are the water and sewer connections for 7039 THREE MILE CANYON, Wanship?

Accepted Answer

Sewer: None.   Water is a critical consideration in Utah's arid climate.

Question 10

What would homeowner's insurance cost for 7039 THREE MILE CANYON, Wanship?

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 $2,800,000, expect approximately $8,400-$14,000/year ($700-$1,167/month).   Get multiple quotes — rates vary significantly by insurer.

Question 11

What are the estimated closing costs for 7039 THREE MILE CANYON, Wanship?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $2,800,000, expect approximately $56,000-$140,000 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 12

How does the property tax compare to the list price at 7039 THREE MILE CANYON, Wanship?

Accepted Answer

The annual property tax of $13 represents an effective rate of 0.00% relative to the list price of $2,800,000. 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 13

Is 7039 THREE MILE CANYON, Wanship eligible for FHA or VA financing?

Accepted Answer

At $2,800,000, 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 14

Could 7039 THREE MILE CANYON, Wanship be a 1031 exchange property?

Accepted Answer

Yes, 7039 THREE MILE CANYON, Wanship 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 15

What is the price trend in Wanship?

Accepted Answer

Wanship's median price has decreased 42.5% month-over-month. Current median: $1,410,000. Days on market have increased by 48.3% month-over-month. Homes are selling at 96.6% of list price on average. Monitor these trends to time your offer strategically.

Question 16

What school district is 7039 THREE MILE CANYON, Wanship in?

Accepted Answer

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

Question 17

Is 7039 THREE MILE CANYON, Wanship move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 18

Does 7039 THREE MILE CANYON, Wanship 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 19

What is the lot like at 7039 THREE MILE CANYON, Wanship?

Accepted Answer

The lot is 120 acres. Lot features: Fenced: Part,Terrain: Hilly,Terrain: Mountain,View: Mountain,Excl. Mineral Rights,Excl. Oil/Gas Rights. Terrain: Terrain: Hilly, Terrain: Mountain.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 20

What utilities are available at 7039 THREE MILE CANYON, Wanship?

Accepted Answer

Available utilities include: Natural Gas Not Available,Electricity Not Available,Sewer Not Available.  Sewer: None. 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.

7039 THREE MILE CANYON, Wanship, UT 84017

7039 W THREE MILE CANYON, Wanship, UT 84017

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