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1242 S 550 W, Salem, UT, 84653

$774,900

Home List Price

$9,202*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
3,968 SqFt
$195/SqFt
House

Location

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1242 S 550 W, Salem$774,900

Buyer Closing Credits

$9,202*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2003
HeatingForced Air
CoolingCentral Air
ViewMountain(s), Valley
MLS #2056079
Lot Size0.39 Acres
StatusActive

About 1242 S 550 W

Beautiful and well kept home in a quiet Salem Neighborhood. New Roof, new AC and new water heater! all new within the last year! Basement is setup to be an apartment with its own entrance. Increased insulation between upstairs and downstairs for better noise reduction. Back deck oversees raspberry fields and unmatched views in the evening. Huge cold storage underneath the front porch. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Property Details

Property Features

Property Information:

  • Architectural Style: Rambler/Ranch
  • Year Built: 2003
  • Stories: 2
  • Living Area: 3,968 SqFt

Listing Office:

  • Office Name: Realtypath LLC (Home and Family)
  • Office Phone: (801) 256-9595
  • Listing Agent: Timothy Halls

Interior Features

Interior Information:

  • Appliances: Microwave
  • Interior: Basement Apartment, Disposal

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Valley
  • Exterior: Balcony, Basement Entrance, Deck; Covered, Patio: Covered, Walkout

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Curbs, Sprinklers
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $774,900
  • Price Per SqFt: $195/SqFt

Tax Information:

  • Annual Amount: $2,804
  • Tax Year: 2020
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Housing Market Comparison

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

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Salem, UT

City

Med. List Price

$700.9K

Med. Price/SqFt

$215

Avg. Days On Market

120

1242 S 550 W vs Salem

3 DAYS ON ROCKET

-117 Days

$774,900

+$74K More

$195/SqFt

-$21 Less

KEY TAKEAWAY

This property is $74K more than the Median List Price and $21/SqFt less than other homes in Salem, UT.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2056079

Listing Office:

  • Office Name: Realtypath LLC (Home and Family)
  • Office Phone: (801) 256-9595
  • Listing Agent: Timothy Halls

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 © 2025 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: 1/2/2025, 5:20:56 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$2,804$438,000
2019$2,662$229,900
2017$2,665$216,645

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-2642269
5
/10

  • Mount Loafer Elementary School

  • 1025 S 250 W

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-2642270
5
/10

  • Salem Elementary School

  • 140 W 100 S

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-2642271
6
/10

  • Foothills Elementary School

  • 412 S 810 E

  • 1.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,995. Typical income of Salem, UT residents is between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 S 550 W

What is the listing price of this property?

The listing price of 1242 S 550 W property is $774,900.

What type of property is this?

The property 1242 S 550 W is a house located in Salem, Utah, 84653.

Is this property for sale now?

Active Listing: 1242 S 550 W 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 $2,804 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1242 S 550 W has 6 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1242 S 550 W is 3,968 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1242 S 550 W is 2003.

Rocket Homes›Utah›Utah County›Salem›84653›1242 S 550 W

This home is located at 1242 S 550 W in Salem, UT and zip code 84653. This 3,968 square foot home, which was built in 2003, sits on a 0.39 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $774,900.

In December 2024 in Salem, UT there were 21.7% more homes for sale than in November 2024. While the average time on the market in December 2024 was 120 days, the median list price was $700,900.

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

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