Nicole Cloward
RE/MAX Complete
(435) 850-4401
321 Total Sales
1 in American Fork
$435,000 Price
Last list price
502 S 1040 E Unit 225 American Fork, UT 84003
American Fork Area
1
Bed
1
Bath
930
Sq Ft
436
Sq Ft Lot
Highlights
- Fitness Center
- Heated Indoor Pool
- Mountain View
- Barratt Elementary School Rated A-
- Updated Kitchen
- Clubhouse
About This Home
As of July 2026Huge Price Reduction!!!--Incredible buy!!! Welcome to the largest and most spacious one-bedroom unit in highly sought-after Timpanogos Village, Utah County's premier 55+ community. An elevator will take you right upstairs. This beautifully updated condo offers comfort, convenience, and a vibrant lifestyle in a well-maintained setting. Step inside to discover a bright, open floor plan featuring 9-foot ceilings that create an airy, expansive feel throughout the main living area. The generous living room provides ample space for relaxing or entertaining, while the adjoining kitchen is equipped with granite countertops, bar seating, abundant cabinetry, and plenty of storage. Recent updates include new luxury vinyl plank (LVP) flooring, fresh paint, and updated faucets, making this home truly move-in ready. The large bedroom offers excellent space and comfort, complete with a walk-in closet and easy access to a well-appointed bathroom. Enjoy the added convenience of a private storage shed, providing extra space for your belongings. Timpanogos Village residents enjoy beautifully landscaped grounds and a wide range of amenities, including a pool, hot tub, clubhouse/party room, game room, media library, and on-site beauty salon-perfect for an active and social lifestyle. The monthly HOA fee covers cable TV, internet, water, sewer, trash, and full grounds maintenance, offering low-maintenance living and peace of mind. Don't miss this opportunity to own a spacious, updated home in one of Utah County's most desirable 55+ communities. Buyer to verify all information.
Last Agent to Sell the Property
Life Real Estate Utah License #5450709 Listed on: 04/11/2026
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,029
Year Built
- Built in 2006
Lot Details
- East Facing Home
- Landscaped
- Sprinkler System
HOA Fees
- $376 Monthly HOA Fees
Home Design
- Asphalt Roof
- Stone Siding
- Stucco
Interior Spaces
- 930 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Entrance Foyer
- Great Room
- Carpet
- Mountain Views
Kitchen
- Updated Kitchen
- Free-Standing Range
- Microwave
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
Home Security
Parking
- 2 Parking Spaces
- 1 Carport Space
- Open Parking
Accessible Home Design
- Accessible Elevator Installed
- Grip-Accessible Features
- Customized Wheelchair Accessible
Pool
- Heated Indoor Pool
- Heated Pool and Spa
Outdoor Features
- Storage Shed
Schools
- Greenwood Elementary School
- American Fork Middle School
- American Fork High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Exclusions: Dryer, Washer
- Assessor Parcel Number 46-673-0225
Community Details
Overview
- Association fees include cable TV, insurance, ground maintenance, sewer, trash, water
- Western Management Association, Phone Number (801) 278-5060
- Mt Timpanogos Villa Subdivision
- Maintained Community
Amenities
- Sauna
- Clubhouse
Recreation
- Fitness Center
- Community Pool
- Snow Removal
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2024
Sold by
Kirk Kevin
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Outstanding Balance
$205,725
Interest Rate
6.74%
Mortgage Type
Seller Take Back
Estimated Equity
-$4,665
Purchase Details
Closed on
Apr 8, 2021
Sold by
Wjatson Barley Properties Llc
Bought by
Kirk Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in American Fork, UT
-
Nicole Cloward
-
Juston Puchar
Juston Puchar
KW Utah Realtors Keller Williams
(385) 270-8691
89 Total Sales
2 in American Fork
$270K - $465K Price Range
-
Marjie McDermott
Marjie McDermott
Coldwell Banker Realty (Union Heights)
(385) 354-7376
40 Total Sales
1 in American Fork
$654,900 Price
-
Bob Ross
Bob Ross
Responds QuicklyHomie
(520) 462-6703
106 Total Sales
1 in American Fork
$390,000 Price
-
Craig Hawker
Craig Hawker
Action Team Realty
(385) 955-4969
170 Total Sales
5 in American Fork
$490K - $1.9M Price Range
-
Lynn Griese
Lynn Griese
Coldwell Banker Realty (Union Heights)
(747) 234-4026
76 Total Sales
2 in American Fork
$825K - $840K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Cottonwood Title | |
| Warranty Deed | -- | Metro National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,800 | Seller Take Back | |
| Previous Owner | $156,750 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2026 07/27/26 | Sold | -- | -- | -- |
| 07/16/2026 07/16/26 | Pending | -- | -- | -- |
| 07/16/2026 07/16/26 | Price Changed | $195,000 | +2.7% | $210 / Sq Ft |
| 07/06/2026 07/06/26 | Price Changed | $189,900 | -2.6% | $204 / Sq Ft |
| 07/02/2026 07/02/26 | Price Changed | $194,900 | -2.3% | $210 / Sq Ft |
| 06/24/2026 06/24/26 | Price Changed | $199,500 | -0.1% | $215 / Sq Ft |
| 06/16/2026 06/16/26 | Price Changed | $199,650 | 0.0% | $215 / Sq Ft |
| 05/29/2026 05/29/26 | Price Changed | $199,700 | -2.5% | $215 / Sq Ft |
| 05/20/2026 05/20/26 | Price Changed | $204,890 | 0.0% | $220 / Sq Ft |
| 05/14/2026 05/14/26 | Price Changed | $204,900 | -2.4% | $220 / Sq Ft |
| 05/06/2026 05/06/26 | Price Changed | $209,900 | -2.3% | $226 / Sq Ft |
| 04/27/2026 04/27/26 | Price Changed | $214,900 | -2.3% | $231 / Sq Ft |
| 04/11/2026 04/11/26 | For Sale | $219,900 | -- | $236 / Sq Ft |
Source: UtahRealEstate.com
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,029 | $115,830 | ||
| 2025 | $1,014 | $117,755 | ||
| 2024 | $1,014 | $112,640 | $0 | $0 |
| 2023 | $1,000 | $117,810 | $0 | $0 |
| 2022 | $900 | $104,665 | $0 | $0 |
| 2021 | $866 | $157,300 | $18,900 | $138,400 |
| 2020 | $795 | $140,000 | $16,800 | $123,200 |
| 2019 | $732 | $133,300 | $15,800 | $117,500 |
| 2018 | $620 | $108,000 | $13,000 | $95,000 |
| 2017 | $614 | $57,750 | $0 | $0 |
| 2016 | $661 | $57,750 | $0 | $0 |
| 2015 | $697 | $57,750 | $0 | $0 |
| 2014 | $605 | $49,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Petersen
DP
Seller's Agent in 2026
David Petersen
Life Real Estate Utah
(801) 436-4883
43 Total Sales
-
Danny Swett
Buyer's Agent in 2026
Danny Swett
Equity Real Estate (Bear River)
(307) 679-2614
26 Total Sales
Map
Source: UtahRealEstate.com
MLS Number: 2149848
APN: 46-673-0225
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.