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7238 S 525 E, Midvale, UT, 84047

4beds
4baths
2,600sqft
$689,000
$265price/sqft
$4,066/moest. monthly cost
$162,640/yrincome needed

About This Home

Seller Offering a Rate Buy Down! Photos cannot fully capture the quality and presence of this exceptional, ground-up constructed residence. Designed and built from scratch with no expense spared, this modern luxury home showcases fully custom craftsmanship, high-end finishes, and refined architectural detail throughout. Every element was thoughtfully curated to create a private, contemporary living experience defined by elevated design, clean lines, and intentional construction at every turn. This is not a remodel - it is a true new build, constructed with precision and purpose. The result is a sophisticated, turnkey property ideal for an owner-occupant seeking modern luxury or an investor looking for a high-quality asset in a premier setting. As part of a uniquely designed four-residence development, this property is individually parceled, offering flexibility and long-term value. Whether you choose to live in it, lease it, or hold it as a luxury investment, the opportunity to own a newly built, thoughtfully designed residence of this caliber is rare. An absolute must-see.

Getting Around

56
WalkingSomewhat Walkable
30
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

6/10
Midvalley SchoolGrades K-51.6 mi
5/10
Hillcrest High SchoolGrades 8-120.5 mi
3/10
Midvale Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 2026

Materials

  • Roof: Asphalt
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Range Hood,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1
  • Main level bedrooms: 3

Cooling

  • Cooling features: Ceiling Fan(s)

Features

  • Finished area below ground: 867
  • Finished area above ground: 866

Interior Area

  • Total structure area: 2,600
  • Total interior livable area: 2,600 sqft

Property

Details

  • Parcel number: 2230252062
  • Zoning: 1210
  • Zoning description: Multi-Family

Features

  • Stories: 3
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,483$41,796
Home Insurance $127$1,524
Property Taxes $287$3,444
Electricity $169$2,039
Total$4,066$48,792

Income You'd Need if You Spent...

35% on housing$139,405/yr
40% on housing$121,980/yr
45% on housing$108,426/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 84047$181
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84047$255
Salt Lake County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Price change$675,000
2026-08-04Price change$679,000
2026-07-25Price change$689,000
2026-02-24Listed for sale$699,000

For Sale by Agent

AgentJustin Moody
BrokerageUtah's Wise Choice Real Estate

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