Question 1

What is the asking price for 224 400, Orem?

Accepted Answer

224 400, Orem is listed at $396,000 ($189/sqft). The original list price was $399,000, representing a reduction of $3,000. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 224 400, Orem have?

Accepted Answer

This Residential features 4 bedrooms, 3 bathrooms, 2,094 square feet of living space. It is a 2-story home. The lot is 0.01 acres.

Question 3

When was 224 400, Orem built?

Accepted Answer

This property was built in 1986, making it 40 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 224 400, Orem?

Accepted Answer

224 400, Orem is a Residential (Twin). The architectural style is Rambler/Ranch. It is located in the LAKECREST subdivision. Zoning: Single-Family.

Question 5

Does 224 400, Orem have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 224 400, Orem?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $160 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 224 400, Orem?

Accepted Answer

Annual property taxes for this property are approximately $1,674 (about $140/month). This represents an effective tax rate of approximately 0.42% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 224 400, Orem?

Accepted Answer

Interior features include: Bath: Primary, Disposal, Vaulted Ceilings. Exterior features include: Double Pane Windows, Patio: Covered, Sliding Glass Doors.    View: Mountain(s),Valley.

Question 9

Is 224 400, Orem a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 100/100. Key deal signals: Priced 29% below similar homes; Priced 21% below market value; 5.9% year-over-year market appreciation. The price is 29% below 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 Orem?

Accepted Answer

The median price for similar properties in the area is $556,950 (based on 6 homes). At $396,000, this listing is 29% below the median for comparable homes. It ranks #Deep Discount among similar listings by value.

Question 11

Has the price been reduced on 224 400, Orem?

Accepted Answer

Yes, the price has been reduced by 0.8% from the original list price of $399,000 to the current price of $396,000 — a reduction of $3,000. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 224 400, Orem?

Accepted Answer

At the current 30-year mortgage rate of 6.36% with 20% down, the estimated monthly principal and interest payment is $1,973. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,273. A 15-year mortgage at 5.71% would be $2,624/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 224 400, Orem been on the market?

Accepted Answer

This property has been listed for 19 days. The average days on market in Orem is 52 days, meaning this listing is moving faster than the local average.

Question 14

Is 224 400, Orem a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $28,803 with a gross rental yield of 7.3%. Net rental yield (after estimated expenses): 4.7%.  Estimated debt service coverage ratio (DSCR): 1.07. Investor score: 78/100. These are estimates based on area comparables.

Question 15

What is the estimated rental income for 224 400, Orem?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,400 ($28,800/year). The gross rent multiplier is 13.7x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 16

Is 224 400, Orem near skiing?

Accepted Answer

This property is within reach of skiing. Sundance Resort is 8.0 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

What recreation is near 224 400, Orem?

Accepted Answer

This property has a recreation score of 69/100. Nearby recreation includes: Firing Range (BST Orem) trailhead (2.5 mi); IHC Soccer Fields park (0.4 mi); Topgolf (1.8 mi); Utah Lake State Park (8.7 mi). Skiing: Sundance Resort (8.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

Are there hiking trails near 224 400, Orem?

Accepted Answer

Yes, the nearest trailhead is Firing Range (BST Orem), just 2.5 miles from the property. Utah Lake State Park is 8.7 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 19

What amenities and services are near 224 400, Orem?

Accepted Answer

This property has an amenity proximity score of 96/100. Nearby services include: Grocery: Asian Market Orem (0.4 mi); Hospital: Clínica del Dr. Mateos (0.3 mi); Pharmacy: Orem Family Pharmacy (0.4 mi); Dining: The Big Bear Coffee Company (1.1 mi). Gas station: 0.3 miles. Gym: Bushi Kai Action Academy (0.2 mi).

Question 20

How far is the nearest hospital from 224 400, Orem?

Accepted Answer

The nearest hospital is Clínica del Dr. Mateos, approximately 0.3 miles from the property. The nearest fire station is 0.5 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 21

What schools serve 224 400, Orem?

Accepted Answer

Assigned schools: Elementary: Suncrest; Middle: Orem; High: Mountain View.   School district: Alpine.

Question 22

What high school is near 224 400, Orem?

Accepted Answer

The nearest high school is Mountain View. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 23

What elementary school is near 224 400, Orem?

Accepted Answer

The nearest elementary school is Suncrest. Propaired provides full school ratings and comparison data for all schools in this area.

Question 24

What middle school is near 224 400, Orem?

Accepted Answer

The nearest middle school is Orem.

Question 25

What is the internet speed at 224 400, Orem?

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 (100 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (940 Mbps, Fiber). Total providers: 14.

Question 26

Is 224 400, Orem 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 27

How does this listing compare to the Orem market?

Accepted Answer

224 400, Orem is listed at $396,000, which is below the Orem median of $502,000 by $106,000. There are currently 161 active listings in Orem. Homes in Orem sell in an average of 52 days. The average sale-to-list ratio is 98.7%.

Question 28

What is the Orem real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Orem is $502,000. There are currently 161 active listings. Homes sell in an average of 52 days. The average sale-to-list ratio is 98.7%. This listing at $396,000 is below the Orem 2026 median.

Question 29

Are there other homes for sale in Orem?

Accepted Answer

Yes — there are currently 161 active listings in Orem. Browse all Orem homes for sale at propaired.ai/listings/ut/orem. Prices range around a median of $502,000. Homes in Orem are selling in about 52 days on average.

Question 30

What is the Orem neighborhood like?

Accepted Answer

College town atmosphere adjacent to Provo. Affordable, good schools, diverse population, shopping centers, family activities. Growing job market. Orem is known for: affordable, family-friendly, college-town, diverse. Population: approximately 100,000. Explore the full Orem market data and community guide on Propaired.

Question 31

How does this price compare to the Utah state average?

Accepted Answer

At $396,000, this property is below the Utah state median of $517,990 by $121,990. Orem prices are 3% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 32

What is the Propaired intelligence score for 224 400, Orem?

Accepted Answer

This property has a Propaired intelligence score of 60/100, combining deal value (100), recreation access (69), amenity proximity (96), broadband quality (100), and lifestyle features (0 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 33

What heating and cooling systems does 224 400, Orem have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 34

What type of roof does 224 400, Orem have?

Accepted Answer

The roof material is Asphalt,Pitched. Asphalt shingles typically last 20-30 years in Utah's climate. With a 40-year-old home, reviewing recent roof inspections is recommended.

Question 35

Does 224 400, Orem have a basement?

Accepted Answer

Yes, the basement is described as: Full. 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 36

What is 224 400, Orem constructed from?

Accepted Answer

Construction materials include: Aluminum,Brick. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 37

What type of flooring does 224 400, Orem have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 38

What are the water and sewer connections for 224 400, Orem?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 39

What is the commute like from 224 400, Orem?

Accepted Answer

224 400, Orem is located in Orem, in the Wasatch Front region of Utah. With a population of approximately 100,000, Orem offers a residential setting. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 40

What shopping and dining is near 224 400, Orem?

Accepted Answer

The nearest restaurant is The Big Bear Coffee Company (1.1 miles away) and the nearest grocery store is Asian Market Orem (0.4 miles). Coffee: 7-Eleven (0.3 mi). Banking: Deseret First Credit Union - Orem: 337 N State St. (0.3 mi). Overall amenity proximity score: 96/100.

Question 41

What is the Orem community like?

Accepted Answer

Orem is known for: affordable, family-friendly, college-town, diverse, good-schools. The city has approximately 100,000 residents. The median home price in Orem is $380,000. Explore the full Orem community profile on Propaired for detailed neighborhood insights.

Question 42

Is Orem a safe and family-friendly area?

Accepted Answer

Orem is characterized as: family-friendly. With a population of about 100,000, Orem offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 43

What would homeowner's insurance cost for 224 400, Orem?

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 $396,000, expect approximately $1,188-$1,980/year ($99-$165/month).   Get multiple quotes — rates vary significantly by insurer.

Question 44

What are the estimated closing costs for 224 400, Orem?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $396,000, expect approximately $7,920-$19,800 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 45

How does the property tax compare to the list price at 224 400, Orem?

Accepted Answer

The annual property tax of $1,674 represents an effective rate of 0.42% relative to the list price of $396,000. 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 46

What are the total estimated monthly costs for 224 400, Orem?

Accepted Answer

Estimated total monthly housing cost: $2,405. This includes principal & interest ($1,973 at 6.36% with 20% down), property tax ($140/mo), HOA ($160/mo), and estimated insurance (~$132/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 47

Is 224 400, Orem eligible for FHA or VA financing?

Accepted Answer

At $396,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 48

What is the estimated cap rate for 224 400, Orem?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 4.7%, based on estimated annual rent of $28,803 and a purchase price of $396,000. A cap rate of 4-6% is typical for residential properties in growing Utah markets.

Question 49

Is Orem a good rental market?

Accepted Answer

Estimated monthly rent in Orem is approximately $2,262. Homes in Orem sell in an average of 52 days, indicating healthy demand in this market. There are 161 active listings currently. Gross rental yield in this area: 7.3%. Utah's steady population growth continues to drive rental demand.

Question 50

Could 224 400, Orem be a 1031 exchange property?

Accepted Answer

Yes, 224 400, Orem 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 51

How does 224 400, Orem compare to recently sold homes nearby?

Accepted Answer

Based on 6 comparable properties, the median sold price in this area is $556,950. This listing is 29% below the comparable median. It ranks Deep Discount among similar listings by value. The median for this property type specifically is $537,000. Comparable analysis is based on similar size, age, and location.

Question 52

Is the Orem neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 5.9% over the past year. The current Zillow Home Value Index for this area is $264,098. This listing is priced at 150% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 53

What is the price trend in Orem?

Accepted Answer

Orem's median price has decreased 0.2% month-over-month. Current median: $502,000. Days on market have increased by 22.6% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 54

Is 224 400, Orem overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Exceptional Deal." At 29% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 55

What school district is 224 400, Orem in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Suncrest. Assigned middle: Orem. Assigned high: Mountain View. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 56

What parks are near 224 400, Orem?

Accepted Answer

The nearest local park is IHC Soccer Fields (0.4 miles away). The nearest state park is Utah Lake State Park (8.7 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 57

Is there a golf course near 224 400, Orem?

Accepted Answer

The nearest golf course is Topgolf, 1.8 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 58

What water activities are near 224 400, Orem?

Accepted Answer

Water recreation near this property includes: Utah Lake (6.9 mi); boat ramp at Lindon Boat Harbor (3.7 mi); fishing at Provo River (6.4 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 59

Is 224 400, Orem move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 60

What updates might 224 400, Orem need?

Accepted Answer

At 40 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Asphalt,Pitched. Current heating: Forced Air,Gas: Central. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 61

Does 224 400, Orem come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 62

What is the lot like at 224 400, Orem?

Accepted Answer

The lot is 0.01 acres. Lot features: Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain,View: Valley. Terrain: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain, View: Valley. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 63

What utilities are available at 224 400, Orem?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. 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 64

Does 224 400, Orem have natural gas?

Accepted Answer

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

224 400, Orem, UT 84057

224 N 400 W #3, Orem, UT 84057

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Long-Term Rental

Short-Term Rental

Recreation & Amenities

Recreation NearbyScore: 69/100

Amenities NearbyScore: 96/100

Internet & Connectivity

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Media

Orem Market Context

Crime & Safety

Orem compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Similar Homes

$500,000

$425,000

$560,000

$525,000

$525,000

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 69/100

Amenities Nearby
Score: 96/100