1470 S  240 E, Orem, UT 84058
OFF MARKET

$505,100

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 1,920 sqft

1470 S 240 E, Orem, UT 84058

Cherry Hill

Home Value

Trulia Estimate
$505K
Since last month
Increased$4K (+0.9%)
Since last year
Increased$38K (+8.1%)
Since last sale
Increased$47K (+10.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +125% in the last 10 years
MonthEstimated value
2026
September 2026$505K
August 2026$501K
July 2026$503K
June 2026$525K
May 2026$543K
April 2026$529K
March 2026$529K
February 2026$524K
January 2026$515K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
-
12/06/25
8
4
3,330
0.81
Multi-Family Home
-
05/01/26
6
4
3,232
1.00
Multi-Family Home
-
10/09/25
4
2.5
3,084
1.61
Multi-Family Home
-
03/27/26
6
3
2,640
2.55
Multi-Family Home
-
05/07/26
5
2
1,073
2.61
Multi-Family Home
-
06/05/26
4
4
2,156
3.39
Multi-Family Home
-
10/10/25
4
2
1,950
3.22
Multi-Family Home
-
06/12/26
4
2
3,348
3.32
Multi-Family Home
-
12/11/25
6
6
2,200
3.44
Multi-Family Home
-
12/17/25
6
3
2,472

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.11
$255,000
2
1
781
For Sale
0.14
$262,800
2
1
803
Off Market
0.12
$1,355,700
12
8
8,588
Off Market
0.21
$1,800,000
19
14
5,260
For Sale
0.27
$599,000
5
2
3,000
For Sale
0.31
-
3
1
960
Recently Sold
0.32
$749,900
5
4.5
4,426
For Sale
0.40
$619,900
5
3
2,692
For Sale
0.40
$828,990
4
2.5
3,761
For Sale
0.40
$650,000
4
3
3,022
For Sale
0.44
$596,900
6
4
3,055
Off Market
0.46
$1,150,000
4
2.5
4,889
For Sale

Local Information

  • Map ViewExplore the area around 1470 S 240 E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1954
1,920 sqft
$263/sqft
Garage

About this House

What's unique:One-car garageThoughtful layoutHarmonious flowElegant granite countertopsPersonal touchesAmple space
Spacious 5 bedroom home.

1470 S 240 E Orem. Multi-level home. 5-Bedroom, 2-bath. Walk-in Closet, hardwood floor,granite counter tops, fireplace, central air conditioning, Washer/Dryer included. Patio, Wired for cable, internet ready. Parking for 3 vehicles.
*Tenant pays all utilities*
Renter's Insurance Required
No Smoking/No pets
$250 of security deposit is non refundable

**The information contained in this advertisement is subject to change. The terms of any lease, should you execute a lease with us, are found solely in the Lease Agreement itself, along with any applicable Addenda. Situations that may affect change include, but are not limited to an applicants credit rating which may affect the required security deposit amount and new information provided to us regarding a unit that we did not know at the time we placed this advertisement.
1470 S 240 E, Orem, UT 84058 is a 5 bedroom, 2 bathroom, 1,920 sqft multi-family in Cherry Hill, built in 1954. It was last sold on Mar 22, 2024. More recently, it was listed as a rental in August 2015 with an asking price of $1,300 per month. That rental listing was removed on October 20, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $505,100, with a rent estimate of $1,289/month.

Home Details for 1470 S 240 E

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Walk In Closet
Heating & Cooling
Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
Cable Ready
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionPatio
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1954Year Updated: 1956
Property Type / Style
Property Type: Multi FamilyArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 7307 sqft

Price and Tax history

DateEventPrice
Mar 22, 2024
Source: N/A
Sold
--
Oct 20, 2015
Source: Agent Provided
ListingRemoved
$1,360
Sep 2, 2015
Source: Agent Provided
PriceChange
$1,360
Price increased by 5%
Aug 29, 2015
Source: Agent Provided
Listed For Rent
$1,300
Aug 1, 2013
Source: N/A
Sold
--

Market trends in Orem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$496K
$11.33K
MoM
Sale-to-List Price
99.7%
0.3%
MoM
Price per sq ft
$240
$0
MoM
Available listings
247
13
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cherry Hill

At least 13 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 85 % Say car is needed

  • 85 % Say kids play outside

  • 82 % Say parking is easy

  • 79 % Say yards are well-kept

  • 79 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 76 % Say it's dog friendly

  • 69 % Say streets are well-lit

  • 68 % Say it's walkable to restaurants

  • 59 % Say it's quiet

  • 46 % Say neighbors are friendly

  • 37 % Say there are community events

  • 23 % Say it's walkable to grocery stores

  • 23 % Say they plan to stay for at least 5 years

  • 17 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Kenneth B.
    "Not enough dog parks. Majority of dog owners here are not educated in proper training for their dogs. "

LGBTQ Local Legal Protections

Frequently asked questions about 1470 S 240 E

  • What is 1470 S 240 E estimated to be worth?
    Trulia's estimated value for 1470 S 240 E in Orem, UT is $505,100.
  • What is the price history for 1470 S 240 E?
    1470 S 240 E in Orem, UT last sold in March 2024.
  • Is Orem a buyer's or seller's market?
    Orem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Orem?
    The median sale price in Orem is $496K. That is down $11.33K from the prior month.
  • Does 1470 S 240 E have air conditioning?
    Yes, 1470 S 240 E in Orem, UT has air conditioning.

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