3550 SHEEP LN, Erda, UT 84074

3550 SHEEP LN, Erda is listed at $8,557,056. This listing is currently active and available for showings.

This property has been listed for 71 days. The average days on market in Erda is 75 days, meaning this listing is moving faster than the local average. Extended time on market may present negotiation opportunities for buyers.

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.

3550 SHEEP LN, Erda is listed at $8,557,056, which is above the Erda median of $834,990 by $7,722,066. There are currently 34 active listings in Erda. Homes in Erda sell in an average of 75 days. The average sale-to-list ratio is 98.3%.

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $8,557,056, expect approximately $25,671-$42,785/year ($2,139-$3,565/month). Get multiple quotes — rates vary significantly by insurer.

Yes, 3550 SHEEP LN, Erda 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.