1155 PALISADES, Orem, UT 84097
4BD/—BA Residential in Orem, UT 84097. 3,300 sqft. Built 1977. Listed at $765,000. MLS #2161107.
4BD/—BA Residential in Orem, UT 84097. 3,300 sqft. Built 1977. Listed at $765,000. MLS #2161107.
Updated home in one of Orem's most sought after and convenient nieghborhoods. Situated on a quiet street that serves only the surrounding homes. It's rare to find a home that combines this level of elevated updating with a beautifully maintained neighborhood feel, while still being close to shopping, dining, entertainment, fitness centers, and everyday amenities. Inside, this fully updated home features quality finishes, tons of natural light and an open, inviting layout with wood flooring, large kitchen, double ovens, quartz countertops, upgraded cabinetry, new carpets and paint, primary bedroom en suite with nice size walk in closet, and spacious gathering areas designed for both comfortable living and entertaining. The fully finished basement continues this feel with open rooms with flexibility for additional living, recreational space or entertaining. The oversized garage and RV parking space is a huge bonus! The private backyard offers a relaxing quiet setting for outdoor living and entertaining including being hot tub ready! Community amenities include a neighborhood pool and tennis courts with easy access from the home. Come Check It Out!! Buyer to verify all.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.22 sq ft
Above Grade Area
1,650 sq ft
Condition
Blt./Standing
MLS #
2161107
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.22 sq ft
Above Grade Area
1,650 sq ft
Condition
Blt./Standing
MLS #
2161107
List Price
$765,000
HOA Fees
$800 / Annually
Annual Taxes
$3,062
Home Warranty
No
List Price
$765,000
HOA Fees
$800 / Annually
Annual Taxes
$3,062
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
45/100
vs Market Median
74% above
Area Growth (YoY)
4.9%
Deal Score Breakdown
45/100
4.9% year-over-year ZHVI growth in this area
Priced 74% above the per-subtype city median
LT net cashflow -$1,603/mo (-30.8% return on ownership cost) · STR net cashflow -$1,994/mo (-38.3% 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
Not enough comparable listings
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
$4,094/mo
Range: $2,011 – $6,178
Net Monthly Cash Flow
−$1,603 /mo (−$19,237/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,603
DSCR
0.93
Est. Annual Revenue
$55,056/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,994 /mo (−$23,929/yr)
Monthly STR income
Monthly ownership cost
Coverage
88%
Net /mo
−$1,994
DSCR
0.83
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$510,000
+50% vs median
45 days
172
$249,500 – $5,195,000
$3,062
$800/annually
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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