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Single Family ResidenceResidential
$631,755$470 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $570,230 on Mar 3, 2023

540 S 500 E

OREM, UT 84097
2
Beds
2
Baths
1,344 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
13
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$632K
$608K low$656K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$570,230 · Mar 3, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,166 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$272,360 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$271,975
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$495,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyUTAH
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1979
Lot (acres)The size of the land the home sits on, from county records.0.24
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.DeckPatio · 432 ft²Porch · 92 ft²

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Centennial Elementary School
Elementary · Grades KG–6 · 0.2 mi
H
Orem High SchoolB-
High · Grades 10–12 · 0.4 mi
M
Lakeridge Junior High SchoolB-
Middle · Grades 7–9 · 1.1 mi

District: Alpine School District

Neighborhood · ZIP 84097These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.81
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.246

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.26,399
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,309 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$97,899
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$124,612
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.19 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

540 S 500 E measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 70% of homes in Utah County
  • Costs more per square foot than 92% of homes in Utah County
  • Smaller than 74% of homes in Utah County
  • Has a bigger lot than 65% of homes in Utah County
  • Older than 90% of homes in Utah County

What homes are worth in Orem 84097

Each bar is how many homes fall in that price range. The marker is this home.

This home
$363K$2.3M

This home is worth more than 63% of homes in Orem 84097.

How it measures up in Orem 84097

The dot is this home. The mark in the middle is the typical home in Orem 84097.

Estimated value$631,755
CheaperTypical $576,113Pricier

Pricier than 63% of homes nearby

Price per ft²$470
CheaperTypical $355Pricier

Pricier than 86% of homes nearby

Living area1,344 ft²
SmallerTypical 1,579 ft²Bigger

Bigger than 34% of homes nearby

Lot size0.24 ac
SmallerTypical 0.23 acBigger

Bigger than 53% of homes nearby

Year built1961
OlderTypical 1978Newer

Newer than 19% of homes nearby

How 540 S 500 E ranks against every home in each area.
MeasureThis homeSharonOrem 84097Utah County
Estimated valuepricier than$631,75566% of homes63% of homes70% of homes
Price per ft²pricier than$47085% of homes86% of homes92% of homes
Living areabigger than1,344 ft²39% of homes34% of homes26% of homes
Lot sizebigger than0.24 ac59% of homes53% of homes65% of homes
Year builtnewer than196134% of homes19% of homes10% of homes

About 540 S 500 E

How much is 540 S 500 E, Orem, UT worth?

The TopHap Estimate for 540 S 500 E, Orem, UT is $631,755 as of Sep 24, 2026. The likely range is $607,798 to $655,712. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 S 500 E, Orem, UT last sell?

540 S 500 E, Orem, UT last sold on Mar 3, 2023 for $570,230, according to the county's recorded deed.

How big is 540 S 500 E, Orem, UT?

540 S 500 E, Orem, UT has 2 bedrooms, 2 bathrooms, 1,344 square feet of living space and a 0.24-acre lot.

When was 540 S 500 E, Orem, UT built?

540 S 500 E, Orem, UT was built in 1961, making it 65 years old. It is a a-frame home. The building has 1 story.

What schools serve 540 S 500 E, Orem, UT?

540 S 500 E, Orem, UT is assigned to Centennial Elementary School (elementary); Orem High School (high), rated B-; Lakeridge Junior High School (middle), rated B-. All sit in Alpine School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 S 500 E, Orem, UT compare to other homes in Orem 84097?

Among the 5,781 homes in Orem 84097, it is worth more than 63% of them ($631,755 against a typical $576,113), its price per square foot is higher than 86% of them ($470 against a typical $355), it is bigger than 34% of them (1,344 ft² against a typical 1,579 ft²), its lot is bigger than 53% of them (0.24 ac against a typical 0.23 ac) and it is newer than 19% of them (1961 against a typical 1978). Measured against all of Utah County, it is worth more than 70% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 540 S 500 E, Orem, UT?

The 2025 property tax bill for 540 S 500 E, Orem, UT was $2,166. The county assessed it at $272,360.

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