595 500, Orem, UT 84057
4BD/—BA Residential in Orem, UT 84057. 4,144 sqft. Built 1987. Listed at $699,900. MLS #2152238.
4BD/—BA Residential in Orem, UT 84057. 4,144 sqft. Built 1987. Listed at $699,900. MLS #2152238.
Versatile living at its finest in the heart of Orem! This fully updated home sits on an oversized .41-acre corner lot and offers incredible flexibility for any lifestyle. The main floor features a cozy sunroom to enjoy all year round, perfect for relaxing and unwinding. Need space for extended family, guests, or rental income? The private basement apartment features its own separate entrance and driveway, offering true independence from the main living area. The basement also boasts a large unfinished bonus space with unlimited potential, whether you envision a home gym, workshop, additional living space, or oversized storage. This home has room for it all, including proximity to local universities such as UVU and BYU. Parking is never an issue with a 1-car carport, an attached 2-car garage, and two driveways. Move in with confidence, with big ticket items such as a new roof (2023), updated plumbing, a new AC unit, and updated electrical panels already being addressed. Opportunities like this don't come along often. Schedule your showing today!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
EWELL
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.41 sq ft
Above Grade Area
1,544 sq ft
Condition
Blt./Standing
MLS #
2152238
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
EWELL
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.41 sq ft
Above Grade Area
1,544 sq ft
Condition
Blt./Standing
MLS #
2152238
List Price
$699,900
Annual Taxes
$2,419
Home Warranty
No
List Price
$699,900
Annual Taxes
$2,419
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Dryer,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Dryer,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
3
Total Parking
3
Garage Spaces
2
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
21% above
vs Market Median
12% above
Area Growth (YoY)
5.6%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.6% year-over-year ZHVI growth in this area
LT net cashflow -$14/mo (-0.3% return on ownership cost) · STR net cashflow -$1,723/mo (-36.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 21% above the median of similar listings
Priced 12% above the per-subtype city median
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$5,291/mo
Range: $2,931 – $7,652
Net Monthly Cash Flow
−$14 /mo (−$170/yr)
Monthly rental income
Monthly ownership cost
Coverage
113%
Net /mo
−$14
DSCR
1.32
Est. Annual Revenue
$50,529/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,722 /mo (−$20,669/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$1,723
DSCR
0.83
Elementary
Parkside ElementaryMiddle School
OremHigh School
OremSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$510,000
+37% vs median
45 days
172
$249,500 – $5,195,000
$2,419
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Devin Tanner - Utah Realtor
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