2 months on rocket

718 S Cherry Dr W, Orem, UT, 84058

$699,900

Home List Price

$8,311*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,918 SqFt
$240/SqFt
House

Location

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718 S Cherry Dr W, Orem$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1954
HeatingForced Air
CoolingCentral Air
ViewMountain(s)
MLS #2029993
Lot Size0.34 Acres
StatusActive

About 718 S Cherry Dr W

**LEGAL ACCESSORY APARTMENT** Spacious 5-bedroom, 2.5-bath home just steps away from UVU in Orem, offering an unbeatable location with strong potential for appreciation. With 2,900 sq. ft. of living space and set on a generous .34-acre corner lot, this home is perfect for families or investors alike. The home features a newer HVAC system, updated plumbing, and fresh can lighting with dimmers in the basement living room and kitchen. Upstairs, enjoy stunning real hardwood floors in both the primary bedroom and the large living room, which also boasts oversized windows framing breathtaking lake views-the seller's favorite feature. The main floor includes 2 bedrooms and 1.5 baths, while the lower level offers a legal 3-bedroom walk-out basement apartment with its own kitchen and laundry-ideal for rental income or multi-generational living. Both levels feature spacious living areas, large bedrooms, and ample natural light. The property also includes laundry hookups in the utility room. The expansive yard is beautifully landscaped and includes a small shed, a 12x30 ft. garden space, and a surprise second backyard-perfect for gardening, a chicken coop, a swing set, or a dog run. With so much outdoor space, the possibilities are endless! Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Property Details

Property Features

Property Information:

  • Architectural Style: Rambler/Ranch
  • Year Built: 1954
  • Stories: 2
  • Living Area: 2,918 SqFt

Listing Office:

  • Office Name: Summit Realty, Inc.
  • Office Phone: (801) 225-7272
  • Listing Agent: Dan Evans

Interior Features

Interior Information:

  • Appliances: Ceiling Fan(s), Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Accessory Apt, Basement Apartment, Disposal, Kitchen: Second, Range/Oven: Free Stdng.

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Basement Entrance, Patio: Covered, Porch: Open, Walkout, Patio: Open

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Curbs, Secluded, Sidewalk, Sprinklers
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $240/SqFt
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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

718 S Cherry Dr W vs Orem

60 DAYS ON ROCKET

-33 Days

$699,900

+$174.9K More

$240/SqFt

+$7 More

KEY TAKEAWAY

This property is $174.9K more than the Median List Price and $7/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: #2029993

Listing Office:

  • Office Name: Summit Realty, Inc.
  • Office Phone: (801) 225-7272
  • Listing Agent: Dan Evans

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, 3:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-4366562
8
/10

  • Orem Elementary School

  • 450 W 400 S

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-4366563
4
/10

  • Westmore Elementary School

  • 1150 S Main St

  • 0.90 miles

  • Public District Grades KG-6

school-card-donut-4366564
3
/10

  • Noah Webster Academy

  • 205 E 400 S

  • 1.17 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,010. The majority of Orem, UT residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 718 S Cherry Dr W

What is the listing price of this property?

The listing price of 718 S Cherry Dr W property is $699,900.

What type of property is this?

The property 718 S Cherry Dr W is a house located in Orem, Utah, 84058.

Is this property for sale now?

Active Listing: 718 S Cherry Dr W is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 718 S Cherry Dr W has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 718 S Cherry Dr W is 2,918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 S Cherry Dr W is 1954.

Rocket Homes›Utah›Utah County›Orem›84058›718 S Cherry Dr W

This home is located at 718 S Cherry Dr W in Orem, UT and zip code 84058 in the Sunset Heights East neighborhood. This 2,918 square foot home, which was built in 1954, sits on a 0.34 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $699,900.

The number of homes for sale in Orem, UT increased by 29.5% between October 2024 and November 2024. Listings spent 93 days on the market in November 2024, and had a median list price of $525,000 during the same period.

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

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