1140 950, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 845 sqft. Built 2022. Listed at $279,500. MLS #2163322.
2BD/—BA Residential in Orem, UT 84057. 845 sqft. Built 2022. Listed at $279,500. MLS #2163322.
Come see this beautiful, rare top floor condo!!! Great opportunity for first time buyers. Like new, it is very immaculate, clean and well taken care of. Two bedrooms and 1 bath. Lots of closet and storage space. In-unit laundry, includes beautiful new custom shelves that were added for convenience and extra storage. Open layout, with vaulted ceilings throughout the kitchen and living area, which lets lots of light in. Assigned parking and access to the community pool. Amazing location with gorgeous mountain and valley views. Easy access to freeway, shopping centers and both UVU and BYU. Don't miss this one!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
VILLA D'ESTE
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
845 sq ft
Condition
Blt./Standing
MLS #
2163322
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
VILLA D'ESTE
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
845 sq ft
Condition
Blt./Standing
MLS #
2163322
List Price
$279,500
Original Price
$284,500
HOA Fees
$172 / Monthly
Annual Taxes
$1,199
Home Warranty
No
List Price
$279,500
Original Price
$284,500
HOA Fees
$172 / Monthly
Annual Taxes
$1,199
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Stucco
Appliances
Dryer,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
2% above
vs Market Median
1% above
Price Reduced
1.8%
Area Growth (YoY)
3.8%
Deal Score Breakdown
45/100
3.8% year-over-year ZHVI growth in this area
Priced 2% above the median of similar listings
Priced 1% above the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$1,014/mo (-49.5% return on ownership cost) · STR net cashflow -$973/mo (-47.5% 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
$1,175/mo
Range: $879 – $1,470
Net Monthly Cash Flow
−$1,014 /mo (−$12,163/yr)
Monthly rental income
Monthly ownership cost
Coverage
57%
Net /mo
−$1,014
DSCR
0.74
Est. Annual Revenue
$18,425/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$974 /mo (−$11,690/yr)
Monthly STR income
Monthly ownership cost
Coverage
75%
Net /mo
−$973
DSCR
0.77
Elementary
BonnevilleMiddle School
OremHigh School
Mountain ViewSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
-45% vs median
49 days
167
$249,500 – $5,195,000
$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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