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Backup Offers

436 E 700 N, Orem, UT, 84097

$1,000,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
2 Full Baths
5,802 SqFt
$172/SqFt
House

Location

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436 E 700 N, Orem$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1998
HeatingOther
CoolingCentral Air
MLS #1975761
Lot Size0.50 Acres
StatusAccepting Backup Offers
(Backup)

About 436 E 700 N

Bel Aire Assisted Living of Orem is a 14-unit assisted living facility located in Orem, Utah. The property is licensed with the Utah Department of Health as a type-1 assisted living facility. The facility has been running with only 60% occupancy, creating a significant opportunity for a new owner to nearly double the property's gross income. A buyer can also come in and turn this into a single-family home.

Property Details

Property Features

Property Information:

  • Architectural Style: Rambler/Ranch
  • Year Built: 1998
  • Stories: 0
  • Living Area: 5,802 SqFt

Listing Office:

  • Office Name: Mountain West Commercial LLC
  • Office Phone: (801) 456-8800
  • Listing Agent: Andrew Helm

Interior Features

Interior Information:

  • Flooring Type: See Remarks
  • Interior: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 14

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: See Remarks

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $4,465
  • 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

$520K

Med. Price/SqFt

$232

Avg. Days On Market

77

436 E 700 N vs Orem

305 DAYS ON ROCKET

+228 Days

$1,000,000

+$480K More

$172/SqFt

-$61 Less

KEY TAKEAWAY

This property is $480K more than the Median List Price and $61/SqFt less than other homes in Orem, UT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1975761

Listing Office:

  • Office Name: Mountain West Commercial LLC
  • Office Phone: (801) 456-8800
  • Listing Agent: Andrew Helm

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: 11/17/2024, 8:20:49 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$4,465$846,200
2019$3,958$453,970
2017$4,014$404,965

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-532638
4
/10

  • Sharon School

  • 525 N 400 E

  • 0.21 miles

  • Public District Grades PK-6

school-card-donut-532639
8
/10

  • Orchard Elementary School

  • 1035 N 800 E

  • 0.61 miles

  • Public District Grades KG-6

school-card-donut-532640
7
/10

  • Cascade Elementary School

  • 160 N 800 E

  • 0.86 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 $98,674. The majority of Orem, UT residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 436 E 700 N

What is the listing price of this property?

The listing price of 436 E 700 N property is $1,000,000.

What type of property is this?

The property 436 E 700 N is a house located in Orem, Utah, 84097.

Is this property for sale now?

Accepting Backup Offers: 436 E 700 N is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,465 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 436 E 700 N has 14 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 436 E 700 N is 5,802 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 436 E 700 N is 1998.

Rocket Homes›Utah›Utah County›Orem›84097›436 E 700 N

This home is located at 436 E 700 N in Orem, UT and zip code 84097 in the Orchard neighborhood. This 5,802 square foot home, which was built in 1998, sits on a 0.50 acre lot. Features: 14 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $1,000,000.

The number of homes for sale in Orem, UT increased by 33.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 77 days, the median list price was $520,000.

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

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