3035 S 8950 W, Magna, UT 84044

3035 S 8950 W, Magna is listed at $259,900 ($162/sqft). Current status: Active Under Contract.

This property has been listed for 8 days. The average days on market in Magna is 62 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Assigned schools: Elementary: Magna; High: Cyprus. School district: Granite.

3035 S 8950 W, Magna is listed at $259,900, which is below the Magna median of $430,000 by $170,100. There are currently 117 active listings in Magna. Homes in Magna sell in an average of 62 days. The average sale-to-list ratio is 99.4%.

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $259,900, expect approximately $780-$1,300/year ($65-$108/month). Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Yes, 3035 S 8950 W, Magna 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.