493 N 1025 W Orem, UT 84057
Geneva NeighborhoodEstimated payment $2,639/month
Highlights
- Second Kitchen
- Solar Power System
- Mountain View
- Timpanogos High School Rated A
- Updated Kitchen
- Rambler Architecture
About This Home
SELLER MOTIVATED AND OFFERING 3% closing incentives for a ready buyer! Huge price reduction for this Orem home, featuring a separate entrance, providing an opportunity to supplement your monthly income. A separate entrance Basement Apartment was renting for $1500 monthly. This property offers ample off-street parking for students or those with multiple vehicles. Featuring fantastic views towards Orem and Provo Valley. All windows have been upgraded, including the installation of a new water heater and the addition of solar panels. Schedule your tour today...
Listing Agent
Parker Smith
RE/MAX Associates License #5203950 Listed on: 05/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,900
Year Built
- Built in 1979
Lot Details
- 8,712 Sq Ft Lot
- Cul-De-Sac
- Property is Fully Fenced
- Landscaped
- Property is zoned Single-Family
Home Design
- Rambler Architecture
- Brick Exterior Construction
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Blinds
- Mountain Views
- Gas Dryer Hookup
Kitchen
- Updated Kitchen
- Second Kitchen
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Apartment Living Space in Basement
Parking
- 4 Parking Spaces
- 4 Open Parking Spaces
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Geneva Elementary School
- Orem Middle School
- Mountain View High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Geneva Heights Terra Subdivision
Listing and Financial Details
- Exclusions: Dryer, Washer
- Assessor Parcel Number 40-014-0016
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,900 | $452,600 | $190,900 | $261,700 |
| 2024 | $1,900 | $232,375 | $0 | $0 |
| 2023 | $1,765 | $231,935 | $0 | $0 |
| 2022 | $1,720 | $219,010 | $0 | $0 |
| 2021 | $1,573 | $303,300 | $114,000 | $189,300 |
| 2020 | $1,451 | $275,000 | $91,200 | $183,800 |
| 2019 | $1,299 | $256,000 | $91,200 | $164,800 |
| 2018 | $1,248 | $235,100 | $87,700 | $147,400 |
| 2017 | $1,134 | $114,400 | $0 | $0 |
| 2016 | $1,103 | $102,575 | $0 | $0 |
| 2015 | $1,088 | $95,755 | $0 | $0 |
| 2014 | $1,053 | $92,235 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $469,900 | -0.6% | $245 / Sq Ft |
| 08/07/2025 08/07/25 | Price Changed | $472,900 | +0.2% | $246 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $472,000 | -4.3% | $246 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $493,000 | -0.4% | $257 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $495,000 | -0.6% | $258 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $498,000 | -3.3% | $259 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $515,000 | -- | $268 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | New Title Company Name | |
| Warranty Deed | -- | Highland Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | -- | Affiliated First Title Co | |
| Warranty Deed | -- | Affiliated First Title Co | |
| Warranty Deed | -- | First American Title Company | |
| Warranty Deed | -- | First American Title Co Llc | |
| Warranty Deed | -- | Sundance Title Insurance Ag | |
| Warranty Deed | -- | Bonneville Superior Title C | |
| Interfamily Deed Transfer | -- | Eagle Pointe Title Insuranc | |
| Warranty Deed | -- | Inwest Title Services Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | New Conventional | |
| Previous Owner | $169,000 | New Conventional | |
| Previous Owner | $157,102 | FHA | |
| Previous Owner | $157,102 | FHA | |
| Previous Owner | $129,800 | New Conventional | |
| Previous Owner | $130,732 | Purchase Money Mortgage | |
| Previous Owner | $116,800 | No Value Available | |
| Closed | $29,200 | No Value Available |
Source: UtahRealEstate.com
MLS Number: 2086036
APN: 40-014-0016
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