24 days on rocket

587 N 550 W, Orem, UT, 84057

$470,000

Home List Price

$5,581*

Closing Credit

4 Bedrooms
1 Full Bath
2,118 SqFt
$222/SqFt
House
Schools Nearby

Location

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587 N 550 W, Orem$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1955
HeatingForced Air
CoolingCentral Air
MLS #1990453
Lot Size0.24 Acres
StatusActive

About 587 N 550 W

Amazing house in super quiet neighborhood. Mature fruit trees, large lot, fenced yard, lots of storage, easy freeway access in prime Orem location! Don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: Rambler/Ranch
  • Year Built: 1955
  • Stories: 2
  • Living Area: 2,118 SqFt

Listing Office:

  • Office Name: Equity Real Estate (Utah)
  • Office Phone: (801) 794-7777
  • Listing Agent: Kenny Parcell

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Curbs
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $1,421
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orem, UT.

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Orem, UT

City

Med. List Price

$524.9K

Med. Price/SqFt

$237

Avg. Days On Market

78

587 N 550 W vs Orem

24 DAYS ON ROCKET

-54 Days

$470,000

-$54.9K Less

$222/SqFt

-$16 Less

KEY TAKEAWAY

This property is $54.9K less than the Median List Price and $16/SqFt less than other homes in Orem, UT.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1990453

Listing Office:

  • Office Name: Equity Real Estate (Utah)
  • Office Phone: (801) 794-7777
  • Listing Agent: Kenny Parcell

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 3:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,421$269,300
2019$1,184$135,575
2017$1,063$107,195

History based on county public records data.

Payment Calculator

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3494635
6
/10

  • Geneva School

  • 400 North 665 West

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-3494636
2
/10

  • Suncrest School

  • 668 W 150 N

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-3494637
5
/10

  • Bonneville School

  • 1245 N 800 W

  • 0.92 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,603. Typical income of Orem, UT residents is between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 N 550 W

What is the listing price of this property?

The listing price of 587 N 550 W property is $470,000.

What type of property is this?

The property 587 N 550 W is a house located in Orem, Utah, 84057.

Is this property for sale now?

Active Listing: 587 N 550 W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,421 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 587 N 550 W has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 587 N 550 W is 2,118 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 N 550 W is 1955.

Rocket Homes›Utah›Utah County›Orem›84057›587 N 550 W

This home is located at 587 N 550 W in Orem, UT and zip code 84057 in the Geneva Heights neighborhood. This 2,118 square foot home, which was built in 1955, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $470,000.

Between February 2024 and March 2024, Orem, UT real estate market has seen increase in the number of listings by 91%. In March 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $524,950.

From Rocket Homes Real Estate and based on county public records data.

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