Question 1

What is the asking price for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

1040 SUMMIT CREEK, Woodland Hills is listed at $2,845,000 ($495/sqft). The original list price was $2,995,000, representing a reduction of $150,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 1040 SUMMIT CREEK, Woodland Hills have?

Accepted Answer

This Residential features 6 bedrooms, 6 bathrooms, 5,753 square feet of living space. It is a 3-story home. The lot is 0.7 acres.

Question 3

When was 1040 SUMMIT CREEK, Woodland Hills 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 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

1040 SUMMIT CREEK, Woodland Hills is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the SUMMIT CREEK subdivision. Zoning: Single-Family.

Question 5

Does 1040 SUMMIT CREEK, Woodland Hills have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $340 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Annual property taxes for this property are approximately $4,168 (about $347/month). This represents an effective tax rate of approximately 0.15% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Interior features include: Alarm: Fire, Bar: Wet, Bath: Primary, Bath: Sep. Tub/Shower, Den/Office. Exterior features include: Balcony, Basement Entrance, Deck; Covered, Entry (Foyer), Lighting. The home has 2 fireplaces.  Spa/hot tub included. View: Lake,Mountain(s),Valley.

Question 9

Is 1040 SUMMIT CREEK, Woodland Hills a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 12/100. Key deal signals: 3.3% year-over-year market appreciation; 5% price reduction from original list; 300.0 days on market — potential negotiation opportunity. The price is 46% above 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 Woodland Hills?

Accepted Answer

The median price for similar properties in the area is $1,951,750 (based on 10 homes). At $2,845,000, this listing is 46% above the median for comparable homes. It ranks #Premium among similar listings by value.

Question 11

Has the price been reduced on 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Yes, the price has been reduced by 5.0% from the original list price of $2,995,000 to the current price of $2,845,000 — a reduction of $150,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $14,326. Including estimated taxes and HOA fees, the total monthly cost is approximately $15,013. A 15-year mortgage at 5.77% would be $18,925/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 1040 SUMMIT CREEK, Woodland Hills been on the market?

Accepted Answer

This property has been listed for 300 days. The average days on market in Woodland Hills is 154 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 14

What lifestyle features does 1040 SUMMIT CREEK, Woodland Hills offer?

Accepted Answer

Propaired's AI has identified 7 lifestyle features for this property: Pool, Trail/Hiking Access, Luxury Estate, Scenic Views, Sport Court, Hot Tub/Spa, Fixer-Upper. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 15

Does 1040 SUMMIT CREEK, Woodland Hills have a pool?

Accepted Answer

Yes, this property includes a private pool. A hot tub/spa is also included. Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 16

Is 1040 SUMMIT CREEK, Woodland Hills a fixer-upper?

Accepted Answer

This property has been identified as a fixer-upper opportunity, meaning it may need renovation or updates but is priced accordingly.  Get a thorough home inspection and renovation estimates before making an offer. An FHA 203(k) or Fannie Mae HomeStyle renovation loan may be applicable.

Question 17

What makes 1040 SUMMIT CREEK, Woodland Hills a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 5,753 sqft on 0.7 acres, it offers premium living.  The property features scenic views.  Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 18

What recreation is near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

This property has a recreation score of 66/100. Nearby recreation includes: Bennie Creek trailhead (3.6 mi); Meadows Park park (0.1 mi); Gladstan Golf Course (1.7 mi); Utah Lake State Park (16.3 mi). Skiing: Sundance Resort (26.2 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 19

Are there hiking trails near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Yes, the nearest trailhead is Bennie Creek, just 3.6 miles from the property. Utah Lake State Park is 16.3 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 20

What amenities and services are near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

This property has an amenity proximity score of 63/100. Nearby services include: Grocery: Maverik (3.6 mi); Hospital: DaVita Dialysis (5.8 mi); Pharmacy: Salem Hills Pharmacy (3.8 mi); Dining: Gladstan Grill (1.9 mi). Gas station: 3.6 miles. Gym: High Ropes Course (2.9 mi).

Question 21

How far is the nearest hospital from 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The nearest hospital is DaVita Dialysis, approximately 5.8 miles from the property. The nearest fire station is 0.8 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 22

What schools serve 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Assigned schools: Elementary: Foothills; Middle: Salem Jr; High: Salem Hills.   School district: Nebo.

Question 23

What is the internet speed at 1040 SUMMIT CREEK, Woodland Hills?

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); CentraCom (1000 Mbps, Fiber). Total providers: 11.

Question 24

Is 1040 SUMMIT CREEK, Woodland Hills 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 Woodland Hills market?

Accepted Answer

1040 SUMMIT CREEK, Woodland Hills is listed at $2,845,000, which is above the Woodland Hills median of $875,000 by $1,970,000. There are currently 12 active listings in Woodland Hills. Homes in Woodland Hills sell in an average of 154 days. The average sale-to-list ratio is 93.3%.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $2,845,000, this property is above the Utah state median of $510,000 by $2,335,000. Woodland Hills prices are 72% 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 27

What is the Propaired intelligence score for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

This property has a Propaired intelligence score of 44/100, combining deal value (12), recreation access (66), amenity proximity (63), broadband quality (100), and lifestyle features (7 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 1040 SUMMIT CREEK, Woodland Hills have?

Accepted Answer

Heating: Forced Air,Gas: Central,Gas: Stove,Hot Water. Cooling: Central Air. 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 29

What type of roof does 1040 SUMMIT CREEK, Woodland Hills have?

Accepted Answer

The roof material is Asphalt,Membrane. Asphalt shingles typically last 20-30 years in Utah's climate. With a 2-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 1040 SUMMIT CREEK, Woodland Hills have a basement?

Accepted Answer

Yes, the basement is described as: Full,Walk-Out Access. 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 31

What is 1040 SUMMIT CREEK, Woodland Hills constructed from?

Accepted Answer

Construction materials include: Asphalt,Cedar,Stone,Cement Siding,Metal Siding. Stone construction provides exceptional durability and a premium aesthetic.

Question 32

What type of flooring does 1040 SUMMIT CREEK, Woodland Hills have?

Accepted Answer

Flooring types include: Carpet,Hardwood,Laminate,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 33

What are the water and sewer connections for 1040 SUMMIT CREEK, Woodland Hills?

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 34

What shopping and dining is near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The nearest restaurant is Gladstan Grill (1.9 miles away) and the nearest grocery store is Maverik (3.6 miles). Coffee: The Coffee Stop in Salem (3.6 mi). Banking: Alta Bank (3.9 mi). Overall amenity proximity score: 63/100.

Question 35

What would homeowner's insurance cost for 1040 SUMMIT CREEK, Woodland Hills?

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 $2,845,000, expect approximately $8,535-$14,225/year ($711-$1,185/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $2,845,000, expect approximately $56,900-$142,250 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 37

How does the property tax compare to the list price at 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The annual property tax of $4,168 represents an effective rate of 0.15% relative to the list price of $2,845,000. 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 38

What are the total estimated monthly costs for 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Estimated total monthly housing cost: $15,961. This includes principal & interest ($14,326 at 6.46% with 20% down), property tax ($347/mo), HOA ($340/mo), and estimated insurance (~$948/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 1040 SUMMIT CREEK, Woodland Hills eligible for FHA or VA financing?

Accepted Answer

At $2,845,000, 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.  FHA 203(k) renovation loans may be an option for this property.  Consult a mortgage lender for personalized eligibility.

Question 40

Could 1040 SUMMIT CREEK, Woodland Hills be a 1031 exchange property?

Accepted Answer

Yes, 1040 SUMMIT CREEK, Woodland Hills 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 41

How does 1040 SUMMIT CREEK, Woodland Hills compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $1,951,750. This listing is 46% above the comparable median. It ranks Premium among similar listings by value. The median for this property type specifically is $2,100,000. Comparable analysis is based on similar size, age, and location.

Question 42

Is the Woodland Hills neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 3.3% over the past year. The current Zillow Home Value Index for this area is $860,236. This listing is priced at 331% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 43

What is the price trend in Woodland Hills?

Accepted Answer

Woodland Hills's median price has increased 125.1% month-over-month. Current median: $875,000. Days on market have increased by 102.2% month-over-month. Homes are selling at 93.3% of list price on average. Monitor these trends to time your offer strategically.

Question 44

Is 1040 SUMMIT CREEK, Woodland Hills overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 46% above comparable homes, the asking price is above the local median. Verify that premium features justify the price difference. Deal score: 12/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 45

What school district is 1040 SUMMIT CREEK, Woodland Hills in?

Accepted Answer

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

Question 46

What parks are near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The nearest local park is Meadows Park (0.1 miles away). The nearest state park is Utah Lake State Park (16.3 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 47

Is there a golf course near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The nearest golf course is Gladstan Golf Course, 1.7 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 48

What water activities are near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

Water recreation near this property includes: Utah Lake (16.3 mi); boat ramp at Lincoln Point (12.3 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 49

Is 1040 SUMMIT CREEK, Woodland Hills move-in ready?

Accepted Answer

This property has been identified as a fixer-upper and likely requires renovation before occupying.

Question 50

Does 1040 SUMMIT CREEK, Woodland Hills 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 51

What is the lot like at 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The lot is 0.7 acres. Lot features: Road: Paved,Secluded,Sprinkler: Auto-Full,Terrain: Mountain,View: Lake,View: Mountain,View: Valley,Wooded,Drip Irrigation: Auto-Full,Private. Terrain: Road: Paved, Secluded Yard, Sprinkler: Auto-Full, Terrain, Flat, Terrain: Mountain, View: Lake, View: Mountain, View: Valley, Wooded, Drip Irrigation: Auto-Full, Private. Views: Lake,Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 52

What utilities are available at 1040 SUMMIT CREEK, Woodland Hills?

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 53

Does 1040 SUMMIT CREEK, Woodland Hills have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Gas: Stove,Hot Water. 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 54

Is there EV charging near 1040 SUMMIT CREEK, Woodland Hills?

Accepted Answer

The nearest EV charging station is Electrify America Charging Station, approximately 8.4 miles from the property. With a 3-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.

1040 SUMMIT CREEK, Woodland Hills, UT 84653

1040 S SUMMIT CREEK DR, Woodland Hills, UT 84653

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