About This Home

This 4-bedroom, 3-bathroom single family at 58 W 400 S in Orem, UT is listed for $466,000 ($311 per sqft). Built in 1934, the home offers 1,500 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1934
  • 0.22 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
2 full, 1 half
5 spaces
1934

Amenities

SolarHardwoodA/CRV Parking
Listing Description

Charming Orem rambler with flexible mother-in-law style layout, mountain views, RV parking, and solar to be paid off at closing. Main living area features 3 bedrooms, 1.5 bathrooms, an updated kitchen, dining area, comfortable living room, and great natural light.

Separate living area offers its own entrance, kitchenette, living space, and access to a lower-level bedroom and full bathroom-great for extended living, guests, work-from-home needs, or rental-style use. Brand new furnace! Seller reports current rents of $1,700/month for the main home and $1,000/month for the separate mother-in-law style area.

Seller intends to pay off the solar loan at closing, giving the buyer the benefit of the solar system without assuming the current solar loan. Depending on future lease terms and utility arrangements, the paid-off solar system may help reduce electric costs and improve overall rental performance.

Outside features include a fenced yard, attached 1-car garage, driveway parking, and large RV/oversized vehicle parking area. Convenient central Orem location near schools, parks, shopping, dining, UVU, BYU, University Place, State Street, I-15, FrontRunner, Utah Lake, and Provo Canyon recreation.

Best part... We can get you up to 2% toward buying down your interest rate or eligible closing costs when using our preferred lender, potentially saving you hundreds per month or reducing the cash needed at closing. Plus, with a full-price offer, the seller is willing to contribute up to $10,000 toward buyer closing costs, prepaids and/or an interest-rate buydown, subject to lender and loan-program limits.

Just ask for details! Buyer to verify all square footage, rental use, zoning, leases, permits, solar details, utilities, and property information.

Monthly Cost Estimate

$2,492/mo

20% down · 6.5% · 30 years

Principal$337
Interest$2,019
Insurance$136

Estimates only. Actual payments may vary.

Location

58 W 400 S

Orem, UT 84058

MERLIN FINCH

Features & Amenities

Interior Features

Bath: PrimaryKitchen: UpdatedMother-in-Law Apt.Range/Oven: Free Stdng.Smart Thermostat(s)

Exterior Features

Lighting

Property Details

Flooring

TileHardwoodCarpet

Construction

Aluminum

Parking

RVCovered

Heating

Forced Air

Cooling

Central Air

Appliances

Refrigerator

Questions & Answers

This 4-bedroom, 3-bathroom single family at 58 W 400 S is listed at $466,000 ($311/sqft). The estimated monthly payment is $2,492 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1934, 0.22 acre lot, 2 stories, 5 parking spaces. Interior Features: Bath: Primary, Kitchen: Updated, Mother-in-Law Apt.. Exterior Features: Lighting.

This property is listed by Dave Gourley and can be reached at 8018088222.

DG

Dave Gourley

Agent at Trace Realty

(801) 808-8222
Agent website

Listed by Trace Realty · Broker phone: (801) 808-8222 · View on Broker Site · Broker website

MLS# 2166839· Source: UtahRealEstate.com· 75 days on PropertySimple

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58 W 400 S, Orem, UT 84058

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