IFHA Assumable Loan at 2.3% Interest! Income Potential in Prime Orem Location Take advantage of an FHA assumable loan at an incredible 2.3% interest rate with up to 120 days for closing-a rare opportunity for both homeowners and investors! Located just minutes from shopping, dining, grocery stores, and University Place Mall, this well-maintained property offers exceptional convenience and value. Main Level Highlights: Stylish, updated kitchen with granite countertops, farmhouse sink, and ample cabinet space Expansive, fully fenced backyard featuring a 17x17 ft deck and built-in fire pit-perfect for outdoor entertaining New sprinkler system and lawn installed in 2019 Income-Generating Layout: Separate mother-in-law or rental apartment with private entrance, tall ceilings, and great natural light Both units are currently renting for $1,700/month each Upstairs unit leased through December 2025, offering stable income Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this home delivers versatility and long-term potential. 24-hour notice required for all showings. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
For sale
Price cut: $16K (8/8)
$534,000
1532 S 200th St E, Orem, UT 84058
4beds
1,998sqft
Est.:
Single Family Residence
Built in 1971
7,405.2 Square Feet Lot
$531,100 Zestimate®
$267/sqft
$-- HOA
What's special
Farmhouse sinkExpansive fully fenced backyardBuilt-in fire pitPlenty of cabinet space
- 64 days
- on Zillow |
- 628 |
- 83 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 07:47pm
Listed by:
Robert Ross 520-940-0583,
Homie
Source: UtahRealEstate.com,MLS#: 2090372

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Second Kitchen, Updated Kitchen
Primary bedroom
- Level: First
Heating
- Central, >= 95% efficiency
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Water Softener Owned, Disposal, Free-Standing Range
- Laundry: Electric Dryer Hookup
Features
- Accessory Apt, Basement Apartment, Separate Bath/Shower, Walk-In Closet(s), Floor Drains, In-Law Floorplan, Vaulted Ceiling(s), Granite Counters, Smart Thermostat
- Flooring: Carpet, Tile, Vinyl
- Doors: French Doors
- Windows: Blinds, Drapes
- Basement: Entrance,Full,Basement Entrance
- Has fireplace: No
Interior area
- Total structure area: 1,998
- Total interior livable area: 1,998 sqft
- Finished area above ground: 999
- Finished area below ground: 999
Property
Parking
- Total spaces: 4
- Parking features: Open
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Levels: Split-Entry/Bi-Level
- Stories: 2
- Patio & porch: Covered Deck
- Exterior features: Trampoline
- Fencing: Full
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7,405.2 Square Feet
- Features: Sprinkler: Auto-Full, Private
- Topography: Terrain
- Residential vegetation: Landscaping: Full, Mature Trees
Details
- Parcel number: 190130048
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Asphalt, Brick
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1971
- Major remodel year: 1971
Utilities & green energy
- Water: Culinary
- Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Park Avenue Condomin
HOA
- Has HOA: No
Location
- Region: Orem
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $431,400
- Annual tax amount: $1,940
- Date on market: 5/19/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener: Own, Trampoline
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
- Road surface type: Paved
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