new - 3 days on rocket

1120 N 50 E, Orem, UT, 84057

$445,000

Home List Price

$5,284*

Closing Credit

3 Bedrooms
1 Full Bath
2,168 SqFt
$205/SqFt
House

Location

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1120 N 50 E, Orem$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking: Uncovered, Rv Parking
Garage2 spaces
Year Built1929
HeatingForced Air, Wood
CoolingCentral Air
FireplaceFireplace Equipment, Insert
ViewMountain(s)
MLS #2054966
Lot Size0.24 Acres
StatusActive

About 1120 N 50 E

Step into a piece of history in this classic brick bungalow, offering all the comforts you need for creating a home in this vibrant Orem community! Enjoy summer mornings and evenings on the large covered front porch, enjoy cozy winter nights in front of the fire and woodburning fireplace. You'll love the almost 2,200 square feet of historic living space, with details that set it apart showcasing the authenticity and the attention to detail from its 1929 construction. The front door with inlaid beveled glass, large windows with wave glass that fill the home with natural light, window trims, door hardware and built ins. This home needs a little TLC, which makes it an excellent opportunity to make it your own as it has so much potential. The main level- 2 Bedrooms, 1 Bath, living room with hard wood flooring w/inlay design, dining area perfect for hosting intimate dinners or large gatherings. The finished basement- 1 bedroom, family room, laundry, storage and roughed in for bathroom. The entrance at the back of the house adds versatility and convenience, with an accessible mudroom area. Detached 2 car garage, fenced yard, newer roof, newly installed central air. Seller is offering $10,000 towards closing costs or paint allowance. Homes like this are rarely available, don't miss the chance to make this one-of-a-kind property your own! Square footage figures are provided as a courtesy estimate only and were obtained from Utah County records. Buyer is advised to obtain an independent measurement and to verify any and all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Rambler/Ranch
  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,168 SqFt

Listing Office:

  • Office Name: Presidio Real Estate
  • Listing Agent: Jennifer Madsen

Interior Features

Interior Information:

  • Appliances: Ceiling Fan(s)
  • Flooring Type: Carpet, Hardwood
  • Fireplace: Fireplace Equipment, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Basement Entrance, Patio: Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Parking: Uncovered, Rv Parking

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $1,331
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orem, UT.

Med. List Price

$525K

Med. Price/SqFt

$233

Avg. Days On Market

93

1120 N 50 E vs Orem

3 DAYS ON ROCKET

-90 Days

$445,000

-$80K Less

$205/SqFt

-$28 Less

KEY TAKEAWAY

This property is $80K less than the Median List Price and $28/SqFt less than other homes in Orem, UT.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2054966

Listing Office:

  • Office Name: Presidio Real Estate
  • Listing Agent: Jennifer Madsen

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,331$252,200
2019$1,097$124,190
2017$1,042$105,105

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-769365
5
/10
  • Windsor Elementary School

  • 1315 N Main St

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-769366
7
/10
  • North Ridge Elementary School

  • 1660 N 50 E

  • 0.71 miles

  • Public District Grades KG-6

school-card-donut-769367
4
/10
  • Sharon School

  • 525 N 400 E

  • 0.83 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,238. Typical income of Orem, UT residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1120 N 50 E

What is the listing price of this property?

The listing price of 1120 N 50 E property is $445,000.

What type of property is this?

The property 1120 N 50 E is a house located in Orem, Utah, 84057.

Is this property for sale now?

Active Listing: 1120 N 50 E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,331 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1120 N 50 E has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1120 N 50 E is 2,168 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1120 N 50 E is 1929.

Rocket Homes›Utah›Utah County›Orem›84057›1120 N 50 E

This home is located at 1120 N 50 E in Orem, UT and zip code 84057 in the Orem North neighborhood. This 2,168 square foot home, which was built in 1929, sits on a 0.24 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $445,000.

Between October 2024 and November 2024, Orem, UT real estate market has seen increase in the number of listings by 29.5%. The median list price of listings available in November 2024 was $525,000, while the average time on the real estate market was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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