56 S 500 E Richfield, UT 84701
Estimated payment $1,960/month
Highlights
- Hot Property
- Mountain View
- No HOA
- Mature Trees
- 1 Fireplace
- Porch
About This Home
This beautifully completely upgraded bungalow, sits on a spacious .18-acre lot and offers excellent versatility for families or investors. The main level features a thoughtfully renovated layout with modern finishes. The fully finished walk-out basement includes a second kitchen, making it perfect as a private mother-in-law suite or a separate rental unit. Whether you're housing extended family or generating income by renting the basement (or the entire home top and bottom), this property delivers strong potential. Additional highlights include a 1-car garage with a workshop on the backside of the garage and a generous yard ideal for outdoor living or gardening. Turn-key and ready to move in, this charming bungalow is a fantastic opportunity for comfortable living with investment upside in a desirable Richfield location. Don't miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,118
Year Built
- Built in 1943
Lot Details
- 7,841 Sq Ft Lot
- Partially Fenced Property
- Mature Trees
- Property is zoned Single-Family
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,160 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Mountain Views
Kitchen
- Free-Standing Range
- Microwave
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- In-Law or Guest Suite
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Ashman Elementary School
- Red Hills Middle School
- Richfield High School
Utilities
- Cooling Available
- Radiant Heating System
- Natural Gas Connected
Additional Features
- Porch
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1-35-2
Map
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 | $1,119 | $115,219 | $37,601 | $77,618 |
| 2024 | $1,119 | $119,456 | $31,091 | $88,365 |
| 2023 | $1,182 | $134,716 | $28,809 | $105,907 |
| 2022 | $1,192 | $108,823 | $23,893 | $84,930 |
| 2021 | $1,098 | $84,401 | $25,149 | $59,252 |
| 2020 | $908 | $67,869 | $17,820 | $50,049 |
| 2019 | $770 | $60,890 | $14,850 | $46,040 |
| 2018 | $769 | $54,470 | $14,850 | $39,620 |
| 2017 | $746 | $50,460 | $14,850 | $35,610 |
| 2016 | $622 | $50,460 | $0 | $0 |
| 2015 | $622 | $48,590 | $0 | $0 |
| 2014 | $622 | $46,300 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $350,000 | -- | $162 / Sq Ft |
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 |
|---|---|---|---|
| Personal Reps Deed | -- | Truly Title | |
| Personal Reps Deed | -- | Truly Title |
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 | $200,000 | New Conventional | |
| Closed | $200,000 | New Conventional |
Source: UtahRealEstate.com
MLS Number: 2152252
APN: 1-35-2
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