Question 1

What is the asking price for 5488 250, Washington Terrace?

Accepted Answer

5488 250, Washington Terrace is listed at $384,900 ($140/sqft). The original list price was $405,000, representing a reduction of $20,100. Current status: Canceled.

Question 2

How many bedrooms and bathrooms does 5488 250, Washington Terrace have?

Accepted Answer

This Residential features 3 bedrooms, 3 bathrooms, 2,746 square feet of living space. It is a 2-story home. The lot is 0.01 acres.

Question 3

When was 5488 250, Washington Terrace built?

Accepted Answer

This property was built in 1979, making it 47 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 5488 250, Washington Terrace?

Accepted Answer

5488 250, Washington Terrace is a Residential (Condominium). The architectural style is Condo; Main Level. It is located in the RIDGEMONT PHASE 1 subdivision. Zoning: Single-Family.

Question 5

Does 5488 250, Washington Terrace 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 5488 250, Washington Terrace?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $290 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 5488 250, Washington Terrace?

Accepted Answer

Annual property taxes for this property are approximately $2,058 (about $172/month). This represents an effective tax rate of approximately 0.53% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 5488 250, Washington Terrace?

Accepted Answer

Interior features include: Closet: Walk-In, Disposal, Vaulted Ceilings. Exterior features include: Bay Box Windows, Patio: Covered, Sliding Glass Doors, Storm Doors. The home has 2 fireplaces.   View: Mountain(s).

Question 9

How long has 5488 250, Washington Terrace been on the market?

Accepted Answer

This property has been listed for 54 days. The average days on market in Washington Terrace is 69 days, meaning this listing is moving faster than the local average.

Question 10

What schools serve 5488 250, Washington Terrace?

Accepted Answer

Assigned schools: Elementary: Roosevelt; Middle: T. H. Bell; High: Bonneville. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Good Foundations Academy with a 59% state performance score (1.7 miles away). School district: Weber.

Question 11

How does this listing compare to the Washington Terrace market?

Accepted Answer

5488 250, Washington Terrace is listed at $384,900, which is below the Washington Terrace median of $385,000 by $100. There are currently 12 active listings in Washington Terrace. Homes in Washington Terrace sell in an average of 69 days. The average sale-to-list ratio is 98.7%.

Question 12

How does this price compare to the Utah state average?

Accepted Answer

At $384,900, this property is below the Utah state median of $510,000 by $125,100. Washington Terrace prices are 25% 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 13

What heating and cooling systems does 5488 250, Washington Terrace have?

Accepted Answer

Heating: Forced Air. 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 14

What type of roof does 5488 250, Washington Terrace have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 47-year-old home, reviewing recent roof inspections is recommended.

Question 15

Does 5488 250, Washington Terrace 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 16

What is 5488 250, Washington Terrace constructed from?

Accepted Answer

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

Question 17

What type of flooring does 5488 250, Washington Terrace have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Linoleum. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times.  Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 18

What are the water and sewer connections for 5488 250, Washington Terrace?

Accepted Answer

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

Question 19

What would homeowner's insurance cost for 5488 250, Washington Terrace?

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 $384,900, expect approximately $1,155-$1,925/year ($96-$160/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 20

What are the estimated closing costs for 5488 250, Washington Terrace?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $384,900, expect approximately $7,698-$19,245 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 5488 250, Washington Terrace?

Accepted Answer

The annual property tax of $2,058 represents an effective rate of 0.53% relative to the list price of $384,900. 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 5488 250, Washington Terrace eligible for FHA or VA financing?

Accepted Answer

At $384,900, 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 23

Could 5488 250, Washington Terrace be a 1031 exchange property?

Accepted Answer

Yes, 5488 250, Washington Terrace 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 is the price trend in Washington Terrace?

Accepted Answer

Washington Terrace's median price has increased 3.9% month-over-month. Current median: $385,000. Days on market have decreased by 32.4% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 25

What school district is 5488 250, Washington Terrace in?

Accepted Answer

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

Question 26

How do nearby schools rank statewide?

Accepted Answer

Of the 2 nearby schools with state rankings, the highest-ranked is Shadow Valley School at #269 statewide (57% performance score). Other ranked nearby schools include Good Foundations Academy (#288). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 27

Is 5488 250, Washington Terrace move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 28

What updates might 5488 250, Washington Terrace need?

Accepted Answer

At 47 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: Forced Air. 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 29

Does 5488 250, Washington Terrace 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 30

What is the lot like at 5488 250, Washington Terrace?

Accepted Answer

The lot is 0.01 acres. Lot features: Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Sidewalks, Sprinkler: Auto-Full, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 31

What utilities are available at 5488 250, Washington Terrace?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. 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.

5488 250, Washington Terrace, UT 84405

5488 S 250 E, Washington Terrace, UT 84405

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