4 months on rocket

394 E 400 S, Orem, UT, 84058

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
2 Baths
1,375 SqFt
$418/SqFt
Multi

Location

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394 E 400 S, Orem$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCovered
Attached Garage2 spaces
Year Built1958
HeatingForced Air
MLS #2017533
Lot Size0.16 Acres
StatusActive

About 394 E 400 S

RARE OREM DUPLEX! This side-by-side duplex is a rare commodity for Orem, and it is hard to find a more convenient area than this. You are around the corner from Centennial Elementary, walking distance to Scera Park, and a mile to Costco, Trader Joes, University Place Mall, and countless restaurants & stores. You also have quick access to BYU, UVU, and I-15. Each unit includes 2 bedrooms, one bathroom, a kitchen, a one car garage, and a laundry room (in the garage). There is a potential for one unit to be vacated, and that unit was recently upgraded to include central AC, new paint, countertops, and electrical. The second unit has been wired and is ready to install central AC. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. Both units are currently rented. Please give 24 hour showing notice. Please do not bother current tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Side By Side
  • Year Built: 1958
  • Stories: 0
  • Living Area: 1,375 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elite Real Estate
  • Office Phone: (801) 224-9011
  • Listing Agent: Tanner Jones

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Kitchen: Updated, Range/Oven: Free Stdng.

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Covered

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $418/SqFt

Tax Information:

  • Annual Amount: $1,631
  • Tax Year: 2020
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Housing Market Comparison

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

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Orem, UT

City

Med. List Price

$525K

Med. Price/SqFt

$233

Avg. Days On Market

93

394 E 400 S vs Orem

124 DAYS ON ROCKET

+31 Days

$575,000

+$50K More

$418/SqFt

+$185 More

KEY TAKEAWAY

This property is $50K more than the Median List Price and $185/SqFt more than other homes in Orem, UT.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2017533

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elite Real Estate
  • Office Phone: (801) 224-9011
  • Listing Agent: Tanner Jones

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: 12/18/2024, 4:20:55 AM 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$1,631$309,100
2019$1,327$158,125
2017$1,342$128,755

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-4382010
7
/10

  • Centennial Elementary School

  • 450 S 400 E

  • 0.07 miles

  • Public District Grades KG-6

school-card-donut-4382011
3
/10

  • Noah Webster Academy

  • 205 E 400 S

  • 0.24 miles

  • Public Charter Grades KG-6

school-card-donut-4382012
7
/10

  • Cascade Elementary School

  • 160 N 800 E

  • 0.94 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,786. Residents of Orem, UT typically earn between $35k-100k each year. Typical family type 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

Rocket Homes›Utah›Utah County›Orem›84058›394 E 400 S

This home is located at 394 E 400 S in Orem, UT and zip code 84058 in the Sharon neighborhood. This 1,375 square foot home, which was built in 1958, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $575,000.

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

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

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