1556 1190, Salem, UT 84653
3BD/—BA Residential in Salem, UT 84653. 1,702 sqft. Built 2026. Listed at $538,766. MLS #2164378.
3BD/—BA Residential in Salem, UT 84653. 1,702 sqft. Built 2026. Listed at $538,766. MLS #2164378.
Welcome to the Elm plan, a beautiful single-family home in the highly desirable Harmony Place community in Salem. This thoughtfully designed home features a modern kitchen with stainless steel gas appliances, quartz/granite countertops, 42" upper cabinets, an undermount sink, and a 4-foot island-perfect for both cooking and gathering. The primary suite offers comfort and style with dual sinks, a quartz countertop, and separate tub and shower. Additional features include 9-foot ceilings on the main floor, a spacious loft, pre-plumbing for a future water softener, and an 8-foot garage door for added convenience and curb appeal. Beyond the home, Harmony Place offers community amenities including a future pool and scenic walking trails. The neighborhood is also located directly across the street from a brand-new city park currently under construction, providing even more outdoor space to enjoy. The Elm plan blends modern finishes, open living, and community lifestyle-making it an exceptional opportunity to own in Salem's Harmony Place. *Pictures are of a finished home of the same floor plan, and the available home may contain different options, upgrades, and exterior color and/or elevation style. Square footage figures are provided as a courtesy estimate only and were obtained from building plans*
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
1,702 sq ft
MLS #
2164378
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
1,702 sq ft
MLS #
2164378
List Price
$538,766
HOA Fees
$50 / Monthly
Annual Taxes
$1
Home Warranty
Yes
List Price
$538,766
HOA Fees
$50 / 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
Appliances
Microwave
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stucco,Cement Siding
Appliances
Microwave
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
30/100
vs Similar Homes
4% above
vs Market Median
12% above
Area Growth (YoY)
2.7%
Deal Score Breakdown
30/100
Priced 4% above the median of similar listings
2.7% year-over-year ZHVI growth in this area
Priced 12% above the per-subtype city median
LT net cashflow -$1,498/mo (-42.8% return on ownership cost) · STR net cashflow -$2,083/mo (-59.5% 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.
Monthly Rent
$2,273/mo
Range: $1,534 – $3,013
Net Monthly Cash Flow
−$1,498 /mo (−$17,981/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$1,498
DSCR
0.73
Est. Annual Revenue
$24,272/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,082 /mo (−$24,981/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$2,083
DSCR
0.52
School District
Nebo
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$555,000
-3% vs median
86 days
166
$305,000 – $2,595,000
$1
$50/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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