$489,000
$70K PRICE DROP

307 N 400 E Unit 3 Orem, UT 84097

Sharon Neighborhood

Estimated payment $3,156/month

Total Views 5,588
3 Beds
3 Baths
3,960 Sq Ft
$123 Price per Sq Ft

Highlights

  • Senior Community
  • Secluded Lot
  • Wood Flooring
  • Mountain View
  • Rambler Architecture
  • Main Floor Primary Bedroom

About This Home

Price improvement! Perched at the base of Orem;s scenic views of Mt. Timp, this exquisite home offers mountain vistas and a setting unmatched by natural beauty. The open-concept floor plan showcases a stylish kitchen and pantry flowing into an impressive family room, adjacent to formal dining and living areas. Designed for convenient main-level living, the home features a spacious master suite with ample storage. Downstairs is finished w/3 bedrooms, generous family room and storage space. This exceptional home blends comfort and functionality making it an ideal retreat for 55+ living.

Listing Agent

Kim Lau

Keystone Brokerage LLC License #5454311 Listed on: 05/07/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 1992

Lot Details

  • 2,614 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Rambler Architecture

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Includes Fireplace Accessories
  • Window Treatments
  • Mountain Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Cascade Elementary School
  • Canyon View Middle School
  • Orem High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 36-398-0003

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, insurance, ground maintenance
  • Natalie Or Amber Association, Phone Number (801) 355-1136
  • Phase V Cornerstone Condo Subdivision

Recreation

  • Snow Removal

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,223

Year Built

Built in 1992

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.06
  • Lot Size: 0.0x0.0x0.0
  • Inclusions: Fireplace Equipment, Microwave, Range, Refrigerator
  • Subdivision Name: PHASE V CORNERSTONE CONDO
  • Above Grade Finished Sq Ft: 1980.0
  • Architectural Style: Rambler/Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1992
  • Percent Basement Finished: 95
  • Accessory Dwelling Unit: No
  • Primary Bedroom Level: Floor: 1st
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Microwave, Refrigerator
  • Other Equipment: Fireplace Equipment
  • Has Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace Equipment
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bath: Primary, Disposal
  • Living Area: 3960.0
  • Main Level Bedrooms: 1
  • Window Features: Part

Exterior Features

  • Lot Features: Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Secluded, Sidewalks, Sprinkler: Auto-Full, View: Mountain
  • Pool Private: No
  • Topography: Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Open Parking: No
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected, Sewer: Public
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Available
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Cable TV, Insurance, Maintenance, Pets Permitted, Snow Removal
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: Natalie or Amber
  • Phone: 801-355-1136
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds

Schools

  • Elementary School: Cascade
  • Junior High Dist: Alpine
  • High School: Orem
  • Middle Or Junior School: Canyon View

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 36-398-0003

Tax Info

  • Tax Annual Amount: 2223.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,223 $271,810 $0 $0
2023 $2,086 $274,120 $0 $0
2022 $2,285 $290,895 $0 $0
2021 $2,151 $414,800 $49,800 $365,000
2020 $754 $370,300 $44,400 $325,900
2019 $1,807 $356,100 $40,000 $316,100
2018 $415 $326,700 $40,000 $286,700
2017 $299 $163,350 $0 $0
2016 $636 $148,500 $0 $0
2015 $533 $141,900 $0 $0
2014 $295 $120,450 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $489,000 -2.0% $123 / Sq Ft
05/27/2025 05/27/25 Price Changed $499,000 -9.1% $126 / Sq Ft
05/17/2025 05/17/25 Price Changed $549,000 -1.8% $139 / Sq Ft
05/07/2025 05/07/25 For Sale $559,000 -- $141 / Sq Ft
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

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Source: UtahRealEstate.com

MLS Number: 2083237

UtahRealEstate.com

APN: 36-398-0003