2689 1470, Spanish Fork, UT 84660
5BD/—BA Residential in Spanish Fork, UT 84660. 2,722 sqft. Built 1995. Listed at $550,000. MLS #2162094.
5BD/—BA Residential in Spanish Fork, UT 84660. 2,722 sqft. Built 1995. Listed at $550,000. MLS #2162094.
Located in a friendly neighborhood, tucked away while also close to everything! Enjoy quick access to groceries, shopping, dining, and major routes for an easy commute or a weekend getaway. Greeted by a south facing driveway which melts away the snow and brings spring to your front yard. Step inside and be welcomed by a soaring vaulted ceiling with an abundance of natural light. The fully remodeled main floor features updated finishes, LED lighting, and an open, inviting feel throughout. With 5 bedrooms and bonus spaces, there's plenty of room for growing a family, hosting guests, working from a home office, or engaging in your favorite hobbies. The primary suite offers a beautifully remodeled bathroom and a stylish feature wall that creates a relaxing retreat. The hallway bathroom has been updated as well. Downstairs, the open basement space is great for hanging out. Down again is currently used as a gym and includes the coveted cold storage. Outdoor living shines with a covered patio complete with lighting, a ceiling fan-perfect for staying cool on warm summer evenings, and a gas line for bbq needs. The extended patio and two storage sheds provide ample room for all your equipment and toys. The backyard offers endless possibilities with a trampoline, grassy play area, garden space, chicken coop, and a versatile basketball/pickleball court. This home has been thoughtfully maintained and updated with a newer roof, fresh exterior and interior paint, newer carpet, new garage door, and professional house and carpet cleaning. Be sure to review the attached list of improvements and upgrades-there are simply too many to mention here! Square footage is provided as a courtesy estimate only and was obtained from previous mls. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Aluminum,Composition
Lot Size
0.23 sq ft
Above Grade Area
1,327 sq ft
Condition
Blt./Standing
MLS #
2162094
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Aluminum,Composition
Lot Size
0.23 sq ft
Above Grade Area
1,327 sq ft
Condition
Blt./Standing
MLS #
2162094
List Price
$550,000
Annual Taxes
$2,355
Home Warranty
Yes
List Price
$550,000
Annual Taxes
$2,355
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Carpet,Tile
Basement
Daylight
Materials
Aluminum,Composition
Appliances
Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Carpet,Tile
Basement
Daylight
Materials
Aluminum,Composition
Appliances
Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
14% below
vs Market Median
13% above
Area Growth (YoY)
7.4%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 14% below the median of similar listings
7.4% year-over-year ZHVI growth in this area
Priced 13% above the per-subtype city median
LT net cashflow -$996/mo (-27.0% return on ownership cost) · STR net cashflow -$1,389/mo (-37.6% 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
$3,062/mo
Range: $1,860 – $4,264
Net Monthly Cash Flow
−$995 /mo (−$11,946/yr)
Monthly rental income
Monthly ownership cost
Coverage
83%
Net /mo
−$996
DSCR
0.98
Est. Annual Revenue
$39,461/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,388 /mo (−$16,657/yr)
Monthly STR income
Monthly ownership cost
Coverage
89%
Net /mo
−$1,389
DSCR
0.83
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$515,000
+7% vs median
63 days
237
$313,213 – $9,500,000
$2,355
Low Crime
4.6
per 1,000
14.6
per 1,000
4.7
per 1,000
23.8
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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