1140 950, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 855 sqft. Built 2023. Listed at $279,000. MLS #2156516.
2BD/—BA Residential in Orem, UT 84057. 855 sqft. Built 2023. Listed at $279,000. MLS #2156516.
Beautiful condo featuring 2 bedrooms, 1 full bathroom, and an open-concept main living area perfect for relaxing or entertaining. This home feels like new with its clean, modern finishes and well-maintained interior. Enjoy the convenience of nearby freeway access for an easy commute, plus endless shopping, dining, and everyday amenities just minutes away. Residents also enjoy access to the community pool, perfect for summer days. A great opportunity for low-maintenance living in a prime location! Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous appraisal. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
2
Subdivision
VILLA D'ESTE II
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
855 sq ft
Condition
Blt./Standing
MLS #
2156516
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
2
Subdivision
VILLA D'ESTE II
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
855 sq ft
Condition
Blt./Standing
MLS #
2156516
List Price
$279,000
Original Price
$283,000
HOA Fees
$172 / Monthly
Annual Taxes
$1,199
Home Warranty
No
List Price
$279,000
Original Price
$283,000
HOA Fees
$172 / Monthly
Annual Taxes
$1,199
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None,Slab
Materials
Brick,Stucco,Cement Siding
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None,Slab
Materials
Brick,Stucco,Cement Siding
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
1% below
Price Reduced
1.4%
Area Growth (YoY)
3.9%
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
Priced 1% below the per-subtype city median
3.9% year-over-year ZHVI growth in this area
1% price reduction from original list — seller may be motivated
LT net cashflow -$1,006/mo (-49.5% return on ownership cost) · STR net cashflow -$925/mo (-45.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,168/mo
Range: $699 – $1,637
Net Monthly Cash Flow
−$1,006 /mo (−$12,075/yr)
Monthly rental income
Monthly ownership cost
Coverage
57%
Net /mo
−$1,006
DSCR
0.74
Est. Annual Revenue
$19,011/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$926 /mo (−$11,112/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$925
DSCR
0.80
Elementary
BonnevilleMiddle School
OremHigh School
Mountain ViewSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$502,000
-44% vs median
52 days
161
$249,000 – $3,150,000
$1,199
$172/monthly
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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