Nestled in the heart of Utah's natural beauty, this .4-acre at a budget friendly price offers a rare opportunity to build your dream home in the charming city of Salem. Living in Salem, you'll find yourself surrounded by a plethora of amenities and recreational activities. Just a stone's throw away from your future doorstep, the majestic Salem Pond offers a serene setting for fishing, picnicking, and leisurely walks. For the outdoor enthusiast, many beautiful mountain trailheads are a short drive away, providing access to breathtaking hikes and panoramic views of the valley. Salem is a city on the rise, with property values appreciating as more people discover its unique blend of tranquility and convenience. Investing in this land means not just building a home, but also securing a slice of one of Utah's most sought-after communities. With the absence of an HOA, you have the flexibility that many areas don't have but still have the advantage of protections provided by the CC&Rs. Example home plans provided on MLS. Complete architectural plans can be purchased from the sellers.
Property Details
Property Features
Property Information:
Stories: 0
Listing Office:
Office Name: Benchmark Utah LLC
Office Phone: (801) 809-2764
Listing Agent: Glade Snyder
Exterior Features
Exterior Information:
Private Pool: No
View: Valley
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Curbs, Sidewalk
Lot Size: 0.41 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $280,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Salem, UT.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,465
Per Month
Principal & Interest
$1,398
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$906
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Foothills Elementary School
412 S 810 E
Distance between this listing and this school1.14 miles
Public District Grades PK-5
5
/10
Mount Loafer Elementary School
1025 S 250 W
Distance between this listing and this school1.30 miles
Public District Grades PK-5
5
/10
Salem Elementary School
140 W 100 S
Distance between this listing and this school1.90 miles
Public District Grades PK-5
Nearby Schools
6
/10
Reagan Academy
1143 W Center St
Distance between this listing and this school9.38 miles
Public Charter Grades KG-8
2
/10
Dixon Middle School
750 W 200 N
Distance between this listing and this school14.25 miles
Public District Grades 7-8
3
/10
Centennial Middle School
305 E 2320 N
Distance between this listing and this school16.16 miles
Public District Grades 7-8
Nearby Schools
7
/10
American Preparatory Academy - Salem
1195 Elk Ridge Dr
Distance between this listing and this school1.94 miles
Public Charter Grades KG-10
7
/10
Salem Hills High School
150 Skyhawk Blvd
Distance between this listing and this school2.16 miles
Public District Grades 10-12
9
/10
Nebo Advanced Learning Center
570 S Main St
Distance between this listing and this school2.22 miles
The neighbors living near this home have an average income of $110,938. The most common annual income of people living in Salem, UT is between $100k-200k. The majority of families are 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 1478 S 920 E Unit 53
What is the listing price of this property?
The listing price of 1478 S 920 E Unit 53 property is $280,000.
What type of property is this?
The property 1478 S 920 E Unit 53 is land located in Salem, Utah, 84653.
Is this property for sale now?
Active Listing: 1478 S 920 E Unit 53 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1478 S 920 E Unit 53 is 0.41 acres.
Interested in 1478 S 920 E Unit 53? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1478 S 920 E Unit 53 in Salem, UT and zip code 84653. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $280,000.
Between September 2024 and October 2024, Salem, UT real estate market has seen increase in the number of listings by 19%. In October 2024, listings were on the market for 116 days. During the same period, the median list price in this real estate market was $675,445.
From Rocket Homes Real Estate and based on county public records data.