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723 E 500 S, American Fork, UT, 84003

3beds
3baths
1,442sqft
$365,000
$253price/sqft
$2,221/moest. monthly cost
$88,840/yrincome needed

About This Home

Well-located and thoughtfully designed, this 3-bedroom townhome offers a comfortable, low-maintenance lifestyle in the heart of American Fork. The functional layout flows naturally, anchored by a modern kitchen and an expansive primary suite that creates a private, relaxing retreat. Fresh brand-new carpet throughout enhances the home's move-in-ready appeal and clean presentation. Daily convenience is a standout feature, with dining, shopping, fitness options, and commuter routes all close by-making everyday routines simple and efficient. The community itself adds meaningful value, featuring an unusually large HOA-maintained park, playground, pickleball courts, and a dedicated dog park, offering space to unwind, stay active, and connect with neighbors. Easy to maintain and well cared for, this home is an excellent opportunity for buyers looking to step confidently into homeownership or for those seeking to simplify without giving up location, comfort, or community amenities.

Getting Around

35
WalkingCar-Dependent
29
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

6/10
Forbes SchoolGrades K-61.3 mi
5/10
6/10
American Fork High SchoolGrades 10-121.4 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 2017

Materials

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

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Disposal

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows
  • Flooring: Carpet
  • Finished area above ground: 1,442

Heating & Cooling

  • Heating features: Forced Air,Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,442
  • Total interior livable area: 1,442 sqft

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 385100007
  • Zoning description: Single-Family

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Lighting
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 1,306 sqft
  • Features: Sprinkler: Auto-Full
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Heat Wave
Strong Wind
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 $1,845$22,140
Home Insurance $77$924
Property Taxes $130$1,560
Electricity $169$2,039
Total$2,221$26,652

Income You'd Need if You Spent...

35% on housing$76,148/yr
40% on housing$66,630/yr
45% on housing$59,226/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

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 84003$212
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84003$240
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
2026-02-24Price change$379,990
2026-01-21Listed for sale$385,000

For Sale by Agent

AgentBrandt Carter
BrokerageBerkshire Hathaway HomeServices Elite Real Estate

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