1602 RENAISSANCE, Springville, UT 84663
4BD/—BA Residential in Springville, UT 84663. 3,371 sqft. Built 2004. Listed at $670,000. MLS #2156259.
4BD/—BA Residential in Springville, UT 84663. 3,371 sqft. Built 2004. Listed at $670,000. MLS #2156259.
Amazing 4 bedroom 3 bathroom rambler nestled in the heart of Springville. Imagine yourself relaxing on the spacious 600 square foot covered patio with incredible mountain views. Single level living, vaulted ceilings in the great room and a superb primary suite. The finished basement is rough plumbed for a kitchenette and has both a game area and gathering space perfect for parties and out of town guests. Basement bedroom and bathroom are very large. This home is immaculate and a one year Elevate home warranty is included.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PARK HOMES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,669 sq ft
Condition
Blt./Standing
MLS #
2156259
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PARK HOMES
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,669 sq ft
Condition
Blt./Standing
MLS #
2156259
List Price
$670,000
Original Price
$675,000
HOA Fees
$90 / Monthly
Annual Taxes
$3,118
Home Warranty
Yes
List Price
$670,000
Original Price
$675,000
HOA Fees
$90 / Monthly
Annual Taxes
$3,118
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
14% above
vs Market Median
18% above
Price Reduced
0.7%
Area Growth (YoY)
3.5%
Deal Score Breakdown
45/100
3.5% year-over-year ZHVI growth in this area
1% price reduction from original list — seller may be motivated
LT net cashflow -$899/mo (-19.5% return on ownership cost) · STR net cashflow -$2,213/mo (-48.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 14% above the median of similar listings
Priced 18% above the per-subtype city median
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
$4,213/mo
Range: $1,552 – $6,873
Net Monthly Cash Flow
−$899 /mo (−$10,793/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$899
DSCR
1.10
Est. Annual Revenue
$41,033/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,213 /mo (−$26,556/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,213
DSCR
0.71
School District
Nebo
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$432,000
+55% vs median
42 days
108
$199,500 – $38,000,000
$3,118
$90/monthly
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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