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556 S 450 E, Orem, UT, 84097

4beds
2baths
2,336sqft
$515,000
$220price/sqft
$3,077/moest. monthly cost
$123,080/yrincome needed

About This Home

Just reduced to $544,900! Charming classic red brick rambler located on Orem's desirable east side just one block from Scera Park and Centennial Elementary. This one-owner home features timeless construction and a durable terracotta clay tile roof. Situated on a spacious 0.25-acre fully landscaped and irrigated lot, the property offers mature landscaping, a large garden area, and plenty of room to enjoy the outdoors. The expansive backyard patio is ideal for entertaining and includes a new gazebo, fire pit, and patio furniture. Additional highlights include a spacious 2-car garage and a prime location close to parks, schools, and local amenities. A rare opportunity to own a well-cared-for home in one of Orem's most sought-after neighborhoods. Square footage figures are provided as a courtesy estimate only and were obtained from county records.

Getting Around

67
WalkingSomewhat Walkable
35
TransitSome Transit
69
BikeBikeable

Schools

7/10
Centennial ElementaryGrades PK-60.1 mi
7/10
Lakeridge Jr High SchoolGrades 7-91.1 mi
6/10
Orem High SchoolGrades 10-120.4 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1964

Materials

  • Roof: Asbestos Shingle,Composition,Tile

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rambler/Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Double Oven

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bedrooms: 2

Features

  • Vaulted Ceiling(s)
  • Window features: Drapes,Part,Plantation Shutters
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 1,109
  • Finished area above ground: 1,168

Interior Area

  • Total structure area: 2,336
  • Total interior livable area: 2,336 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 450410007
  • Zoning: RES
  • Zoning description: Single-Family

Features

  • Stories: 2
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Terrain

Lot

  • Lot size: 0.25 Acres
  • Features: Curb & Gutter,Sprinkler: Auto-Full
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Winter Weather

FEMA Declared Disasters Across Utah Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,604$31,248
Home Insurance $125$1,500
Property Taxes $179$2,148
Electricity $169$2,039
Total$3,077$36,924

Income You'd Need if You Spent...

35% on housing$105,497/yr
40% on housing$92,310/yr
45% on housing$82,053/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 84097$213
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84097$201
Utah County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Price change$544,900
2026-03-26Price change$554,000
2026-03-13Listed for sale$569,000

For Sale by Agent

AgentJordan M Durfey
BrokerageBrand Real Estate and Investment Group

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