11 days on rocket

581 W 1725 S, Orem, UT, 84058

$355,000

Home List Price

$4,216*

Closing Credit

3 Bedrooms
2 Full Baths
1,240 SqFt
$286/SqFt
Condo

Location

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581 W 1725 S, Orem$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built2015
HeatingForced Air
CoolingCentral Air
MLS #2053563
Lot Size0.03 Acres
StatusActive

About 581 W 1725 S

Prime Investment Opportunity Modern 3-Bedroom Condo near BYU & UVU! Discover this immaculate middle-floor condo, built in 2015, offering the perfect blend of style, convenience, and income potential. Boasting 3 spacious bedrooms and 2 full bathrooms, this property is in mint condition and walks like new with modern finishes throughout. The beautiful kitchen and updated bathrooms make it a standout, while luxury vinyl plank flooring adds both style and durability. Tenants will love the in-unit laundry and private balcony, and the washer, dryer, fridge, blinds, and curtains are all included. Located between BYU and UVU with excellent freeway access, this condo is a dream for tenants seeking convenience. Currently occupied by 3 tenants with 100% occupancy and a history of on-time payments, this property is turnkey and ready for investors looking for a reliable income stream in a high-demand area. Don't miss this exceptional opportunity! MLS data deemed reliable but not guaranteed. Buyer and buyer's agent to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from builder. Buyer is advised to obtain an independent measurement.

Property Details

Property Features

Property Information:

  • Architectural Style: Condo; Middle Level
  • Year Built: 2015
  • Stories: 1
  • Living Area: 1,240 SqFt

Listing Office:

  • Office Name: Presidio Real Estate
  • Listing Agent: Jessica Williams

Interior Features

Interior Information:

  • Appliances: Portable Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Bath: Master, Closet: Walk-In, Disposal, Range/Oven: Free Stdng.

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Deck; Covered

Parking Information:

  • Attached Garage: No
  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
  • Price Per SqFt: $286/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $987
  • 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

581 W 1725 S vs Orem

11 DAYS ON ROCKET

-82 Days

$355,000

-$170K Less

$286/SqFt

+$53 More

KEY TAKEAWAY

This property is $170K less than the Median List Price and $53/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: #2053563

Listing Office:

  • Office Name: Presidio Real Estate
  • Listing Agent: Jessica Williams

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: 12/17/2024, 11:55:56 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$987$187,100
2019$876$98,945
2017$900$90,750

History based on county public records data.

Payment Calculator

$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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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-4273959
4
/10

  • Westmore Elementary School

  • 1150 S Main St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-4273960
6
/10

  • Lakeview School

  • 2899 W 1390 N

  • 0.99 miles

  • Public District Grades KG-6

school-card-donut-4273961
6
/10

  • Cherry Hill Elementary School

  • 250 E 1650 S

  • 1.02 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 $60,544. The majority of Orem, UT residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 581 W 1725 S

What is the listing price of this property?

The listing price of 581 W 1725 S property is $355,000.

What type of property is this?

The property 581 W 1725 S is a condo located in Orem, Utah, 84058.

Is this property for sale now?

Active Listing: 581 W 1725 S 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 $987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 581 W 1725 S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 581 W 1725 S is 1,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 581 W 1725 S is 2015.

Rocket Homes›Utah›Utah County›Orem›84058›581 W 1725 S

This home is located at 581 W 1725 S in Orem, UT and zip code 84058 in the Lakeview neighborhood. This 1,240 square foot home, which was built in 2015, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $355,000.

The number of listings in Orem, UT increased by 29.5% between October 2024 and November 2024. In November 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $525,000.

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

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