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654 N 500 E #113, Salem, UT, 84653

3beds
3baths
2,338sqft
$418,990
$179price/sqft
$2,509/moest. monthly cost
$100,360/yrincome needed

About This Home

INTEREST RATES STARTING AS LOW AS 4.99% with our preferred lender or $20,000 INCENTIVE towards closing costs, rate buydown, or price reduction regardless of lender! (Talk to agent for conditions.) Must-See New Salem Fields Community! Move-in ready! This beautiful home built by Flagship Homes features 3 bedrooms +loft, 2.5 bathrooms, quartz countertops, full landscaping, a 2 car garage, and fenced backyard. The primary bedroom has a vaulted ceiling, large walk-in closet, and dual sinks with a separate tub/shower. With an unfinished basement, this home provides space for storage and room to grow. (If preferred, basement can be finished for an additional charge.) Call for more information or stop by our model home at 495 E 720 N, Salem, UT for a tour. Model home hours: Monday-Saturday 11 AM - 6 PM. Buyers to verify all information. Square footage is from house plans.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

5/10
Park SchoolGrades PK-60.5 mi
3/10
Diamond Fork MiddleGrades 6-80.7 mi
5/10
Spanish Fork High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Blt./Standing
  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Asphalt
  • Construction materials: Stone,Stucco,Cement Siding

Other

  • Builder name: Flagship Homes

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Gas Range
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1

Features

  • Separate Bath/Shower,Walk-In Closet(s),Vaulted Ceiling(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate
  • Finished area above ground: 1,730

Heating & Cooling

  • Heating features: Forced Air,Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,338
  • Total interior livable area: 2,338 sqft

Property

Details

  • Parcel number: 710220113
  • Zoning description: Single-Family, Multi-Family

Features

  • Levels: Two
  • Stories: 3
  • Fencing: Full
  • Has view: Yes
  • View description: Mountain(s)
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 1,306 sqft
  • Features: Sprinkler: Auto-Full,Drip Irrigation: 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

How This Home’s Risks Compare

Earthquake
Lightning

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 $2,118$25,416
Home Insurance $72$864
Property Taxes $150$1,800
Electricity $169$2,039
Total$2,509$30,108

Income You'd Need if You Spent...

35% on housing$86,022/yr
40% on housing$75,270/yr
45% on housing$66,906/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

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 84653$212
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84653$189
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
2026-04-21Listed for sale$418,990
2025-06-25Listing removed$474,355
2025-03-03Listed for sale$474,355

New Construction Spec

AgentShawn Swensen
BrokerageTrue North Realty LLC

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