- Active Under Contract
1521 S 240 E, Orem, UT 84058
$472,000
Est. $2,716/mo
- Beds
- 5
- Baths
- 2
- Sq ft
- 1,824
- Built
- 1956
About this home
Warm, welcoming, and full of character, this charming 1,824-square-foot brick home sits on a spacious 0.17-acre lot in the heart of Orem. Thoughtfully updated in 2022, the home features refreshed paint and flooring, remodeled kitchen and bathrooms, and a newer roof. Solar panels were added and the electrical system was upgraded in 2024, offering valuable modern improvements. A wood-burning fireplace brings warmth and timeless appeal to the main level, creating an inviting place to gather and unwind. Step outside to an open, level backyard framed by expansive mountain views. With exterior lighting, plenty of flat grass, a newer covered deck, and a large uncovered patio, the outdoor space is ready for summer dinners, quiet mornings, entertaining, gardening, or play. A gate on the south side provides convenient access to the rear yard, while the deep one-car garage offers additional parking, storage, and workspace. Ideally located between BYU and UVU and close to shopping, dining, recreation, and everyday conveniences, this well-cared-for home offers comfort, character, and versatility-whether enjoyed as a primary residence or investment opportunity. Buyer to verify all information.
Features
- Fireplace
- Alarm: Fire
- Disposal
- Range/Oven: Free Stdng.
- Smart Thermostat(s)
- Deck; Covered
- Double Pane Windows
- Lighting
- Patio: Open
Agents
Buyer’s agents active in Orem
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Schools
Alpine- Cherry Hill
Elementary
- Lakeridge
Middle School · 1.0 mi
53% proficient - Mountain View
High School
- Lakeridge Jr High
K-8 School · 1.0 mi
53% proficient - Westridge School
K-8 School · 1.0 mi
57% proficient - Rock Canyon School
K-8 School · 2.0 mi
57% proficient
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Rambler/Ranch
- Year built
- 1956
- Stories
- 2
- Above grade area
- 912 sq ft
- Condition
- Blt./Standing
- Construction
- Brick
- Subdivision
- RIDGE
- County
- Utah
- Zoning
- Single-Family
- MLS #
- 2183169
Costs
- List price
- $472,000
- Annual taxes
- $1,791
- Home warranty
- No
Lot and parking
- Lot
- 7,405 sqft
- Lot features
- Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
- Garage
- 1 car
- Covered spaces
- 1
- Total parking
- 5
Systems
- Heating
- Forced Air,Gas: Central,Wood
- Cooling
- Central Air
- Roof
- Asphalt
- Flooring
- Carpet,Tile
- Basement
- Full
- Appliances
- Microwave,Range Hood,Refrigerator
- Patio and porch
- Patio: Open
- Sewer
- Sewer: Connected,Sewer: Public
- View
- Mountain(s)
All home details59 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Rambler/Ranch
- Condition
- Blt./Standing
- MLS #
- 2183169
- County
- Utah
- Subdivision
- RIDGE
- Year Built
- 1956
- New Construction
- No
- Stories
- 2
- Total Rooms
- 13
- Living Area
- 1,824 sq ft
- Above Grade Area
- 912 sq ft
- Lot Size (Acres)
- 0.17
- Lot Size
- 7,405.2 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 5
- Total Bathrooms
- 2
- Full Baths
- 2
Financial
- List Price
- $472,000
- Original Price
- $472,000
- HOA
- No
- Annual Taxes
- $1,791
- Home Warranty
- No
Structure
- Construction
- Brick
- Basement
- Full
- Roof
- Asphalt
- Flooring
- Carpet,Tile
- Heating
- Forced Air,Gas: Central,Wood
- Cooling
- Central Air
- Appliances
- Microwave,Range Hood,Refrigerator
- Patio & Porch
- Patio: Open
Lot & Land
- Lot Features
- Curb & Gutter,Fenced: Full,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
- Topography
- Curb & Gutter, Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 1
- Carport
- No
- Covered Spaces
- 1
- Open Parking
- 4
- Total Parking
- 5
- ADU
- No
Amenities
- Fireplace
- Yes
- Fireplaces
- 1
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Microwave, Range, Range Hood, Refrigerator, Storage Shed(s), Window Coverings, Smart Thermostat(s)
Utilities
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Cherry Hill
- Middle School
- Lakeridge
- High School
- Mountain View
- Elementary District
- Alpine
Timeline
- Listed
- Aug 31, 2026
- Days on Market
- 6
- Status
- Active Under Contract
- MLS Status
- Backup
Orem market
Explore OremOrem median
$500,000
This home: 6% below
Days to sell
65
Utah: 70
Homes for sale
190
Price range
$230k – $4.6M
Sale to list
99%
Market
Balanced market
SafetyModerate · 44.2 incidents per 1,000 residents · 5% below the Utah average
Safety rating 5.0 out of 10.
Violent
9.5
per 1,000 · national 3.6
Property
25.1
per 1,000 · national 17.6
vs Utah
−5%
46.4 per 1,000 statewide
vs Utah
+44%
30.8 per 1,000 countywide
Society
9.6
per 1,000
Population 94,571 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
RIDGE1521 S 240 E, Orem, UT 84058
Open in map searchCommon questions
About 1521 S 240 E, Orem, UtahWhat is the asking price for 1521 S 240 E, Orem?
1521 S 240 E, Orem is listed at $472,000 ($259/sqft). Current status: Active Under Contract.
How long has 1521 S 240 E, Orem been on the market?
This property has been listed for 6 days. The average days on market in Orem is 65 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.
What schools serve 1521 S 240 E, Orem?
Assigned schools: Elementary: Cherry Hill; Middle: Lakeridge; High: Mountain View. There are 6 schools within 3 miles of this property. The highest-rated nearby school is Walden School of Liberal Arts with a 64% state performance score (2.2 miles away). School district: Alpine.
How does this listing compare to the Orem market?
1521 S 240 E, Orem is listed at $472,000, which is below the Orem median of $500,000 by $28,000. There are currently 190 active listings in Orem. Homes in Orem sell in an average of 65 days. The average sale-to-list ratio is 99.0%.
What is the commute like from 1521 S 240 E, Orem?
1521 S 240 E, Orem is located in Orem, in the Wasatch Front region of Utah. With a population of approximately 100,000, Orem offers a residential setting. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.
What would homeowner's insurance cost for 1521 S 240 E, Orem?
Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $472,000, expect approximately $1,416-$2,360/year ($118-$197/month). Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.
All 8 questions
Could 1521 S 240 E, Orem be a 1031 exchange property?
Yes, 1521 S 240 E, Orem could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.
How many bedrooms and bathrooms does 1521 S 240 E, Orem have?
This Residential features 5 bedrooms, 2 bathrooms, 1,824 square feet of living space. It is a 2-story home. The lot is 0.17 acres.
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