1545 S  240th St E, Orem, UT 84058
OFF MARKET

$422,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 912 sqft

1545 S 240th St E, Orem, UT 84058

Cherry Hill

Home Value

Trulia Estimate
$423K
Since last month
Decreased$2K (-0.4%)
Since last year
Decreased$16K (-3.7%)
Since last sale
Increased$287K (+211.4%)
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 +106% in the last 10 years
MonthEstimated value
2026
October 2026$423K
September 2026$425K
August 2026$426K
July 2026$431K
June 2026$447K
May 2026$446K
April 2026$442K
March 2026$430K
February 2026$426K
January 2026$430K
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
0.29
Single-Family Home
-
03/06/26
3
1
960
0.40
Single-Family Home
-
03/27/26
4
2
2,028
0.48
Single-Family Home
-
06/09/26
4
2
2,020
0.49
Single-Family Home
-
05/14/26
3
2
1,866
0.67
Single-Family Home
-
06/23/26
3
2
1,644
0.59
Single-Family Home
-
05/15/26
3
1
1,272
0.32
Single-Family Home
-
04/01/26
5
3
3,072
0.53
Single-Family Home
-
02/06/26
5
2
2,304
0.79
Single-Family Home
-
12/19/25
2
2
1,233
0.92
Single-Family Home
-
05/21/26
3
2
1,450

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
0.00
-
-
-
-
Off Market
0.01
$334,600
2
2
912
Off Market
0.01
$428,900
2
2
912
Off Market
0.01
$397,200
2
2
912
Off Market
0.01
-
-
-
-
Off Market
0.02
$366,900
3
1
975
Off Market
0.02
$365,800
3
1
975
Off Market
0.03
$502,300
4
2
1,560
Off Market
0.03
$471,100
2
2
912
Off Market
0.03
$453,100
4
2
1,750
Off Market
0.03
-
-
-
-
Off Market
0.03
$405,900
2
1
912
Off Market
0.03
$328,900
2
1
912
Off Market
0.03
$412,100
2
2
960
Off Market
0.03
-
Studio
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
$524,700
4
2
1,824
Off Market
0.03
$452,000
2
2
912
Off Market
0.03
$480,200
4
2
1,800
Off Market
0.04
$409,600
3
1
1,355
Off Market

Local Information

  • Map ViewExplore the area around 1545 S 240th St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1956
912 sqft
$464/sqft
Garage

About this House

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
1545 S 240th St E, Orem, UT 84058 is a 3 bedroom, 2 bathroom, 912 sqft single-family home in Cherry Hill, built in 1956. It was last sold on May 22, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $422,900, with a rent estimate of $1,603/month.

Home Details for 1545 S 240th St E

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1956Year Updated: 1984
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 7361 sqft

Price and Tax history

DateEventPrice
May 22, 2009
Source: N/A
Sold
--

Market trends in Orem

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$500K
$571
MoM
Sale-to-List Price
99.4%
0.3%
MoM
Price per sq ft
$237
$2
MoM
Available listings
247
1
MoM
Sourced by Trulia Market Trends

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cherry Hill

This October

Trick-or-Treat Score

Built from what locals say about Cherry Hill.
  • 94% say there are sidewalks
  • 76% say there's holiday spirit
  • 46% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 1545 S 240th St E

  • What is 1545 S 240th St E estimated to be worth?
    Trulia's estimated value for 1545 S 240th St E in Orem, UT is $422,900.
  • What is the price history for 1545 S 240th St E?
    1545 S 240th St E in Orem, UT last sold in May 2009.
  • Is Orem a buyer's or seller's market?
    Orem is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Orem?
    The median sale price in Orem is $500K. That is up $571 from the prior month.
  • Does 1545 S 240th St E have air conditioning?
    Yes, 1545 S 240th St E in Orem, UT has air conditioning.
  • How big is the lot at 1545 S 240th St E?
    The lot at 1545 S 240th St E in Orem, UT is about 0.17 acres (7,361 sq ft).

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