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243 W 400 N, Orem, UT, 84057

4beds
2baths
2,284sqft
$490,000
$215price/sqft
$2,918/moest. monthly cost
$116,720/yrincome needed

About This Home

WELCOME TO HOUSE WITH INCOME!! Walkout basement Charming remodeled bungalow cottage, offering 4 bedrooms and 2 bathrooms 2 kitchens with separate entrance , plus an additional finished room in the basement that can be used as a 5th bedroom, office, or flex space. NEW AC UNIT.This move-in-ready home is perfect for a growing family or an investor seeking rental income potential. The basement provides an excellent opportunity for separate living space, making it ideal for extended family or supplemental rental income.

Getting Around

73
WalkingVery Walkable
31
TransitSome Transit
62
BikeBikeable

Schools

7/10
Parkside ElementaryGrades PK-60.6 mi
3/10
Orem Jr High SchoolGrades 7-90.8 mi
4/10
Mountain View High SchoolGrades 10-120.7 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1947

Materials

  • Roof: Aluminum
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Entrance,Walk-Out Access,Basement Entrance

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • In-Law Floorplan
  • Window features: Blinds
  • Flooring: Carpet,Laminate,Tile
  • Finished area below ground: 1,084
  • Finished area above ground: 1,142

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,284
  • Total interior livable area: 2,284 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 441690001
  • Zoning description: Single-Family
  • Other equipment: Satellite Equipment

Features

  • Stories: 2
  • Topography of land: Terrain
  • Residential vegetation: Mature Trees

Lot

  • Lot size: 7,405 sqft
  • Features: Sprinkler: Auto-Full
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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
    EarthquakeModerate
  • 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 $2,477$29,724
Home Insurance $100$1,200
Property Taxes $172$2,064
Electricity $169$2,039
Total$2,918$35,016

Income You'd Need if You Spent...

35% on housing$100,045/yr
40% on housing$87,540/yr
45% on housing$77,813/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

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 84057$150
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84057$236
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
2026-07-14Price change$490,000
2026-06-23Price change$495,000
2026-06-05Listed for sale$499,900
2017-12-13Sold--
2017-11-11Listed for sale$198,000
2013-12-19Listing removed$1,175
2013-11-16Price change$1,175
2013-10-15Listed for rent$1,195

For Sale by Agent

AgentRuth Roesner Flores
BrokerageUtah's Wise Choice Real Estate

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