55 1600, Orem, UT 84057
3BD/—BA Residential in Orem, UT 84057. 2,028 sqft. Built 1933. Listed at $525,000. MLS #2157699.
3BD/—BA Residential in Orem, UT 84057. 2,028 sqft. Built 1933. Listed at $525,000. MLS #2157699.
You won't want to miss this super cute, beautifully updated 3-bedroom, 2-bath home. Located just two houses away from Northridge Elementary, this home offers an unbeatable location in an established neighborhood close to parks, shopping, dining, and freeway access. The current owners have invested over $103,000 in upgrades and improvements throughout the property, giving buyers peace of mind and true move-in-ready convenience. Some of the standout updates include a new tankless water heater, updated water and sewer lines, new dishwasher, upgraded master bathroom toilet and plumbing, new downstairs carpet, and exterior water bib. Outside, you'll love the incredible outdoor living spaces featuring brand-new paver patios in both the front and backyard, artificial turf and additional paver work in the backyard, plus a fully fenced yard perfect for entertaining or relaxing. The home also includes electrical work and outlet installation for a hot tub setup. With extensive upgrades, stylish updates this home is one you won't want to miss!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Construction
Aluminum,Brick
Lot Size
0.27 sq ft
Above Grade Area
1,467 sq ft
Condition
Blt./Standing
MLS #
2157699
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Construction
Aluminum,Brick
Lot Size
0.27 sq ft
Above Grade Area
1,467 sq ft
Condition
Blt./Standing
MLS #
2157699
List Price
$525,000
Annual Taxes
$1,979
Home Warranty
No
List Price
$525,000
Annual Taxes
$1,979
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
Full
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
Full
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
2% below
vs Market Median
13% above
Area Growth (YoY)
5.4%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.4% year-over-year ZHVI growth in this area
Priced 2% below the median of similar listings
Priced 13% above the per-subtype city median
LT net cashflow -$1,399/mo (-40.2% return on ownership cost) · STR net cashflow -$1,291/mo (-37.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,366/mo
Range: $1,450 – $3,281
Net Monthly Cash Flow
−$1,399 /mo (−$16,789/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,399
DSCR
0.80
Est. Annual Revenue
$37,541/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,292 /mo (−$15,500/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$1,291
DSCR
0.84
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$502,000
+5% vs median
52 days
161
$249,000 – $3,150,000
$1,979
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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