281 WINCHESTER, Springville, UT 84663
5BD/—BA Residential in Springville, UT 84663. 2,342 sqft. Built 2001. Listed at $565,000. MLS #2132579.
5BD/—BA Residential in Springville, UT 84663. 2,342 sqft. Built 2001. Listed at $565,000. MLS #2132579.
Opportunity awaits with this well prices home and a motivated seller ready to work with the right offer! Beautifully maintained 5 bedroom, 3 bathroom Springville home with over 2,500 square feet on two levels and extensive upgrades throughout. Features include quartz kitchen countertops, updated backsplash, professionally painted cabinetry, triple pane windows, updated roof, furnace, water heater, and smart home features including internet-controlled thermostat, sprinkler system, and permanent Trim lights. Enjoy the cozy alpine gas fireplace, covered patio with lighting and storage underneath, functional hot tub, and spacious outdoor living areas. Pride of ownership throughout with major updates already completed. Move-in ready and loaded with value.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt,Concrete
Lot Size
0.18 sq ft
Above Grade Area
1,179 sq ft
Condition
Blt./Standing
MLS #
2132579
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt,Concrete
Lot Size
0.18 sq ft
Above Grade Area
1,179 sq ft
Condition
Blt./Standing
MLS #
2132579
List Price
$565,000
Original Price
$575,000
Annual Taxes
$2,259
Home Warranty
No
List Price
$565,000
Original Price
$575,000
Annual Taxes
$2,259
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Full
Materials
Asphalt,Concrete
Appliances
Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Full
Materials
Asphalt,Concrete
Appliances
Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
14% below
vs Market Median
9% above
Price Reduced
1.7%
Area Growth (YoY)
6.6%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 14% below the median of similar listings
6.6% year-over-year ZHVI growth in this area
Priced 9% above the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$1,459/mo (-38.6% return on ownership cost) · STR net cashflow -$1,674/mo (-44.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,634/mo
Range: $1,600 – $3,669
Net Monthly Cash Flow
−$1,460 /mo (−$17,517/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,459
DSCR
0.82
Est. Annual Revenue
$36,057/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,674 /mo (−$20,088/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$1,674
DSCR
0.74
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$432,000
+31% vs median
42 days
106
$199,500 – $38,000,000
$2,259
Low Crime
7.7
per 1,000
16.1
per 1,000
7.5
per 1,000
31.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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