Question 1

What is the asking price for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

5240 CHERRYWOOD, West Valley City is listed at $470,000 ($263/sqft). The original list price was $475,000, representing a reduction of $5,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 5240 CHERRYWOOD, West Valley City have?

Accepted Answer

This Residential features 4 bedrooms, 2 bathrooms, 1,786 square feet of living space. It is a 2-story home. The lot is 0.16 acres.

Question 3

When was 5240 CHERRYWOOD, West Valley City built?

Accepted Answer

This property was built in 1978, making it 48 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 5240 CHERRYWOOD, West Valley City?

Accepted Answer

5240 CHERRYWOOD, West Valley City is a Residential (Single Family Residence). The architectural style is Split-Entry/Bi-Level. It is located in the WOODLEDGE SUB #5 subdivision. Zoning: Single-Family.

Question 5

Does 5240 CHERRYWOOD, West Valley City have a garage or parking?

Accepted Answer

Yes, this property includes a 1-car garage and 7 open parking spaces. Total parking capacity: 8 vehicles. The property also accommodates RV parking.

Question 6

Is there an HOA for 5240 CHERRYWOOD, West Valley City?

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 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Annual property taxes for this property are approximately $2,750 (about $229/month). This represents an effective tax rate of approximately 0.59% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Interior features include: Disposal, Kitchen: Updated, Range: Gas, Range/Oven: Built-In, Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows, Out Buildings, Patio: Open. The home has 1 fireplace.   View: Mountain(s).

Question 9

Is 5240 CHERRYWOOD, West Valley City a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 33/100. Key deal signals: Priced 6% below market median (per-type); 4.5% gross rental yield. The price is 1% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in West Valley City?

Accepted Answer

The median price for similar properties in the area is $474,900 (based on 10 homes). At $470,000, this listing is 1% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Yes, the price has been reduced by 1.1% from the original list price of $475,000 to the current price of $470,000 — a reduction of $5,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $2,367. Including estimated taxes, the total monthly cost is approximately $2,596. A 15-year mortgage at 5.77% would be $3,126/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 5240 CHERRYWOOD, West Valley City been on the market?

Accepted Answer

This property has been listed for 59 days. The average days on market in West Valley City is 70 days, meaning this listing is moving faster than the local average.

Question 14

Is 5240 CHERRYWOOD, West Valley City a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $21,130 with a gross rental yield of 4.5%. Net rental yield (after estimated expenses): 2.9%.  Estimated debt service coverage ratio (DSCR): 0.56. Investor score: 41/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $1,761 ($21,132/year). The gross rent multiplier is 22.2x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

What lifestyle features does 5240 CHERRYWOOD, West Valley City offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: RV-Friendly. The primary lifestyle niche is "rv_friendly." These tags are derived from MLS data, property features, and location analysis.

Question 17

What recreation is near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

This property has a recreation score of 55/100. Nearby recreation includes: General Holm (JRP) trailhead (5.1 mi); Woodledge Park park (0.2 mi); The Ridge Golf Club (1.3 mi); Jordan River OHV State Park (9.9 mi). Skiing: Snowbird Ski and Summer Resort (19.6 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Yes, the nearest trailhead is General Holm (JRP), just 5.1 miles from the property. Jordan River OHV State Park is 9.9 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

This property has an amenity proximity score of 91/100. Nearby services include: Grocery: El Potrero Market (0.6 mi); Hospital: Intermountain Taylorsville Clinic (1.8 mi); Pharmacy: CVS Pharmacy (0.6 mi); Dining: Ab's Drive-in (0.5 mi). Gas station: 0.7 miles. Gym: Iron palm padwork (0.9 mi).

Question 20

How far is the nearest hospital from 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The nearest hospital is Intermountain Taylorsville Clinic, approximately 1.8 miles from the property. The nearest fire station is 1.3 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 21

What schools serve 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Assigned schools: Elementary: Hunter; Middle: John F. Kennedy; High: Hunter. There are 4 schools within 3 miles of this property. The highest-rated nearby school is Wallace Stegner Academy Kearns K-12 with a 57% state performance score (0.6 miles away). School district: Granite.

Question 22

How good are the schools near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Of the 4 schools within 3 miles, 4 have state performance data with an average score of 52%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 23

What is the internet speed at 5240 CHERRYWOOD, West Valley City?

Accepted Answer

This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 14.

Question 24

Is 5240 CHERRYWOOD, West Valley City in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 25

How does this listing compare to the West Valley City market?

Accepted Answer

5240 CHERRYWOOD, West Valley City is listed at $470,000, which is above the West Valley City median of $460,000 by $10,000. There are currently 150 active listings in West Valley City. Homes in West Valley City sell in an average of 70 days. The average sale-to-list ratio is 99.4%.

Question 26

What is the West Valley City neighborhood like?

Accepted Answer

Diverse, affordable city. Good schools, shopping, dining, diverse communities, more affordable than neighbors. Commute to Salt Lake. West Valley City is known for: affordable, diverse, good-schools, shopping. Population: approximately 137,000. Explore the full West Valley City market data and community guide on Propaired.

Question 27

How does this price compare to the Utah state average?

Accepted Answer

At $470,000, this property is below the Utah state median of $510,000 by $40,000. West Valley City prices are 10% 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 28

What is the Propaired intelligence score for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

This property has a Propaired intelligence score of 43/100, combining deal value (33), recreation access (55), amenity proximity (91), broadband quality (100), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 29

What heating and cooling systems does 5240 CHERRYWOOD, West Valley City have?

Accepted Answer

Heating: Forced Air,Gas: Central. 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 30

What type of roof does 5240 CHERRYWOOD, West Valley City have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 48-year-old home, reviewing recent roof inspections is recommended.

Question 31

Does 5240 CHERRYWOOD, West Valley City have a basement?

Accepted Answer

Yes, the basement is described as: Entrance,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 32

What is 5240 CHERRYWOOD, West Valley City constructed from?

Accepted Answer

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

Question 33

What type of flooring does 5240 CHERRYWOOD, West Valley City have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 34

What are the water and sewer connections for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 35

What is the commute like from 5240 CHERRYWOOD, West Valley City?

Accepted Answer

5240 CHERRYWOOD, West Valley City is located in West Valley City, in the Wasatch Front region of Utah. With a population of approximately 137,000, West Valley City 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 36

What shopping and dining is near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The nearest restaurant is Ab's Drive-in (0.5 miles away) and the nearest grocery store is El Potrero Market (0.6 miles). Coffee: McDonald's (1.5 mi). Banking: America First Credit Union (0.7 mi). Overall amenity proximity score: 91/100.

Question 37

What is the West Valley City community like?

Accepted Answer

West Valley City is known for: affordable, diverse, good-schools, shopping, multicultural. The city has approximately 137,000 residents. The median home price in West Valley City is $420,000. Explore the full West Valley City community profile on Propaired for detailed neighborhood insights.

Question 38

Is West Valley City a safe and family-friendly area?

Accepted Answer

West Valley City is characterized as: family-friendly. With a population of about 137,000, West Valley City offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 39

What would homeowner's insurance cost for 5240 CHERRYWOOD, West Valley City?

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 $470,000, expect approximately $1,410-$2,350/year ($118-$196/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 40

What are the estimated closing costs for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $470,000, expect approximately $9,400-$23,500 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 41

How does the property tax compare to the list price at 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The annual property tax of $2,750 represents an effective rate of 0.59% relative to the list price of $470,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 42

What are the total estimated monthly costs for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Estimated total monthly housing cost: $2,753. This includes principal & interest ($2,367 at 6.46% with 20% down), property tax ($229/mo), and estimated insurance (~$157/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 43

Is 5240 CHERRYWOOD, West Valley City eligible for FHA or VA financing?

Accepted Answer

At $470,000, 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 44

What is the estimated cap rate for 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 2.9%, based on estimated annual rent of $21,130 and a purchase price of $470,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 45

Is West Valley City a good rental market?

Accepted Answer

Estimated monthly rent in West Valley City is approximately $1,768. Homes in West Valley City sell in an average of 70 days, indicating moderate demand in this market. There are 150 active listings currently. Gross rental yield in this area: 4.5%. Utah's steady population growth continues to drive rental demand.

Question 46

Could 5240 CHERRYWOOD, West Valley City be a 1031 exchange property?

Accepted Answer

Yes, 5240 CHERRYWOOD, West Valley City 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 47

How does 5240 CHERRYWOOD, West Valley City compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $474,900. This listing is 1% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $499,450. Comparable analysis is based on similar size, age, and location.

Question 48

Is the West Valley City neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 1.2% over the past year. The current Zillow Home Value Index for this area is $463,850. This listing is priced at 101% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 49

What is the price trend in West Valley City?

Accepted Answer

West Valley City's median price has decreased 7.0% month-over-month. Current median: $460,000. Days on market have decreased by 57.9% month-over-month. Homes are selling at 99.4% of list price on average. Monitor these trends to time your offer strategically.

Question 50

Is 5240 CHERRYWOOD, West Valley City overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." The asking price is within 5% of the comparable median, indicating market-appropriate pricing. Deal score: 33/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 51

What school district is 5240 CHERRYWOOD, West Valley City in?

Accepted Answer

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

Question 52

How do nearby schools rank statewide?

Accepted Answer

Of the 4 nearby schools with state rankings, the highest-ranked is Wallace Stegner Academy Kearns K-12 at #207 statewide (57% performance score). Other ranked nearby schools include Monticello Academy (#293) and Fox Hills School (#309). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 53

What parks are near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The nearest local park is Woodledge Park (0.2 miles away). The nearest state park is Jordan River OHV State Park (9.9 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 54

Is there a golf course near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The nearest golf course is The Ridge Golf Club, 1.3 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 55

What water activities are near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Water recreation near this property includes: Jordanelle Reservoir (31.7 mi); boat ramp at Great Salt Lake State Marina (11.0 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 56

Is 5240 CHERRYWOOD, West Valley City move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 57

What updates might 5240 CHERRYWOOD, West Valley City need?

Accepted Answer

At 48 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,Gas: Central. 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 58

Does 5240 CHERRYWOOD, West Valley City 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 59

What is the lot like at 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The lot is 0.16 acres. Lot features: Curb & Gutter,Fenced: Part,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Curb & Gutter, Fenced: Part, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 60

What utilities are available at 5240 CHERRYWOOD, West Valley City?

Accepted Answer

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

Question 61

Does 5240 CHERRYWOOD, West Valley City have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 62

Is there EV charging near 5240 CHERRYWOOD, West Valley City?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 1.8 miles from the property. With a 1-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

Question 63

Can I park an RV or boat at 5240 CHERRYWOOD, West Valley City?

Accepted Answer

Yes, this property is tagged as RV-friendly, accommodating RV, boat, or trailer parking. The 0.16-acre lot provides ample space. In addition to the 1-car garage, there is space for large vehicle storage. RV parking capability is a sought-after feature in Utah given the state's proximity to national parks, lakes, and outdoor recreation. Verify any HOA restrictions on RV/boat parking if applicable.

5240 CHERRYWOOD, West Valley City, UT 84120

5240 W CHERRYWOOD LN, West Valley City, UT 84120

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