1101 1580, Salem, UT 84653
2BD/—BA Residential in Salem, UT 84653. 1,557 sqft. Built 2025. Listed at $385,990. MLS #2144480.
2BD/—BA Residential in Salem, UT 84653. 1,557 sqft. Built 2025. Listed at $385,990. MLS #2144480.
***Contract on this home today and qualify for one of the 2 special financing options: Option 1: As low as 3.75% on an FHA 5/1 ARM, 3.99 % Conventional 7/6 ARM OR Option 2: As low as 4.5% on a 30-year fixed FHA, 4.875% 30 year fixed Conventional, Restrictions apply: Contact us for more information. Experience modern comfort and style with the Buchanan townhome in the sought-after Harmony Place community in Salem. The kitchen is a chef's delight, featuring premium stainless steel gas appliances, quartz countertops, 42" upper cabinets, and stylish pendant lighting over the island. The spacious primary suite offers a dual-sink vanity with quartz countertop, a shower/tub combo, and a private door at the bath. Bath 2 is equally well-appointed with an undermount sink, quartz countertop, and a shower/tub combo, while the powder room features a classic pedestal sink. Enjoy 9' ceilings on the main floor, elegant railing on both levels, pre-plumbing for a future water softener, and an 8' garage door with keypad access for added convenience. Located in a vibrant community with parks, walking trails, and planned amenities, the Buchanan townhome offers both style and function in an ideal Salem location.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,557 sq ft
Condition
Blt./Standing
MLS #
2144480
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
2
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
1,557 sq ft
Condition
Blt./Standing
MLS #
2144480
List Price
$385,990
Original Price
$379,990
HOA Fees
$98 / Monthly
Annual Taxes
$1
Home Warranty
Yes
List Price
$385,990
Original Price
$379,990
HOA Fees
$98 / Monthly
Annual Taxes
$1
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stucco,Cement Siding
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stucco,Cement Siding
Water Source
Culinary
Sewer
Sewer: Connected
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
72/100
vs Similar Homes
3% below
vs Market Median
12% below
Area Growth (YoY)
2.7%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 12% below the per-subtype city median
Priced 3% below the median of similar listings
2.7% year-over-year ZHVI growth in this area
LT net cashflow -$968/mo (-37.7% return on ownership cost) · STR net cashflow -$1,427/mo (-55.6% 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
$1,819/mo
Range: $996 – $2,642
Net Monthly Cash Flow
−$968 /mo (−$11,611/yr)
Monthly rental income
Monthly ownership cost
Coverage
71%
Net /mo
−$968
DSCR
0.82
Est. Annual Revenue
$19,564/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,428 /mo (−$17,139/yr)
Monthly STR income
Monthly ownership cost
Coverage
64%
Net /mo
−$1,427
DSCR
0.58
School District
Nebo
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$555,000
-30% vs median
86 days
167
$305,000 – $2,595,000
$1
$98/monthly
Very Safe
2.9
per 1,000
7.6
per 1,000
4.7
per 1,000
15.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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