1032 1010, Orem, UT 84097
5BD/—BA Residential in Orem, UT 84097. 2,872 sqft. Built 1978. Listed at $694,998. MLS #2166030.
5BD/—BA Residential in Orem, UT 84097. 2,872 sqft. Built 1978. Listed at $694,998. MLS #2166030.
Nestled in a quiet cul-de-sac in one of Orem's most desirable locations, this beautifully maintained 5-bedroom, 3-bath rambler offers the perfect combination of comfort, efficiency, and breathtaking scenery. Situated on over 0.32 acres with mature, meticulously cared-for landscaping, this home provides exceptional curb appeal and outdoor enjoyment. Inside, you'll find fresh paint, updated lighting, and new flooring throughout the fully finished walkout basement. The spacious floor plan offers plenty of room for entertaining, relaxing, and everyday living. Step outside and enjoy direct access to the Murdock Trail right from your backyard, along with stunning, unobstructed views of Mount Timpanogos. This energy-efficient home comes equipped with fully paid-off solar panels and an oversized backup battery system with extended load capacity, providing peace of mind and long-term savings. Additional upgrades include a newer furnace, roof, water heater, and water softener. An oversized storage shed is also included, offering ample space for tools, equipment, and outdoor gear. With its incredible location, thoughtful updates, mountain views, and access to recreation, this home is a rare opportunity you won't want to miss. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WEDGEWOOD ESTATES
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.32 sq ft
Above Grade Area
1,436 sq ft
Condition
Blt./Standing
MLS #
2166030
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WEDGEWOOD ESTATES
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.32 sq ft
Above Grade Area
1,436 sq ft
Condition
Blt./Standing
MLS #
2166030
List Price
$694,998
Annual Taxes
$2,579
Home Warranty
No
List Price
$694,998
Annual Taxes
$2,579
Home Warranty
No
Heating
Forced Air,Gas: Central,Heat Pump,Active Solar,Wood,>= 95% efficiency
Cooling
Central Air,Heat Pump,Active Solar
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Heat Pump,Active Solar,Wood,>= 95% efficiency
Cooling
Central Air,Heat Pump,Active Solar
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
1% above
vs Market Median
16% above
Area Growth (YoY)
5.5%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.5% year-over-year ZHVI growth in this area
Priced 1% above the median of similar listings
Priced 16% above the per-subtype city median
LT net cashflow -$1,674/mo (-36.0% return on ownership cost) · STR net cashflow -$1,422/mo (-30.6% 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
$3,385/mo
Range: $1,597 – $5,173
Net Monthly Cash Flow
−$1,673 /mo (−$20,079/yr)
Monthly rental income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,674
DSCR
0.85
Est. Annual Revenue
$55,383/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,421 /mo (−$17,052/yr)
Monthly STR income
Monthly ownership cost
Coverage
99%
Net /mo
−$1,422
DSCR
0.92
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
+36% vs median
45 days
172
$249,500 – $5,195,000
$2,579
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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