1389 1240, Spanish Fork, UT 84660
4BD/—BA Residential in Spanish Fork, UT 84660. 3,726 sqft. Built 2005. Listed at $724,900. MLS #2163394.
4BD/—BA Residential in Spanish Fork, UT 84660. 3,726 sqft. Built 2005. Listed at $724,900. MLS #2163394.
Pride of ownership shines throughout this exceptionally well-maintained home, ideally situated on a desirable corner lot in a quiet, established neighborhood. From the moment you arrive, you'll appreciate the care and attention this property has received over the years. The inviting backyard offers a wonderful space to relax, entertain, or pursue hobbies, complete with a charming workshop featuring power...perfect for projects, crafts, or extra storage. This home also presents excellent flexibility with potential for a mother-in-law suite or a multi-generational living arrangement. The basement features a separate exterior entrance and an almost finished kitchen area that only needs cabinets and appliances to be completed. A refrigerator is already included downstairs. Major updates provide peace of mind, including a new HVAC system (2023), new driveway and RV parking concrete (2024), 12 inches of additional attic insulation (2023), a dishwasher and disposal that are only three years old, and a brand-new stove and microwave. The upstairs refrigerator is also included and is just two years old. If you're looking for a move-in-ready home with thoughtful updates, versatile living space, and exceptional care throughout, this is one you won't want to miss. Schedule your private tour today! Square footage obtained from county records. Buyer is advised to obtain an independent measurement. Buyer/Buyers Agent to verify all info including sq. ft.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOLLOW HEIGHTS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.26 sq ft
Above Grade Area
1,848 sq ft
Condition
Blt./Standing
MLS #
2163394
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOLLOW HEIGHTS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.26 sq ft
Above Grade Area
1,848 sq ft
Condition
Blt./Standing
MLS #
2163394
List Price
$724,900
Annual Taxes
$3,345
Home Warranty
No
List Price
$724,900
Annual Taxes
$3,345
Home Warranty
No
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Travertine
Basement
Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Travertine
Basement
Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
4
Total Parking
9
Garage Spaces
3
Covered Spaces
4
Total Parking
9
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Similar Homes
2% above
vs Market Median
7% above
Area Growth (YoY)
9.6%
Deal Score Breakdown
80/100 · 1 qualifying signal
9.6% year-over-year ZHVI growth in this area
Priced 2% above the median of similar listings
Priced 7% above the per-subtype city median
LT net cashflow -$1,072/mo (-21.9% return on ownership cost) · STR net cashflow -$2,342/mo (-48.0% 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
$4,331/mo
Range: $3,596 – $5,067
Net Monthly Cash Flow
−$1,073 /mo (−$12,877/yr)
Monthly rental income
Monthly ownership cost
Coverage
89%
Net /mo
−$1,072
DSCR
1.05
Est. Annual Revenue
$43,573/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,343 /mo (−$28,116/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,342
DSCR
0.70
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$515,000
+41% vs median
63 days
237
$313,213 – $9,500,000
$3,345
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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