1589 S  240 E #2, Orem, UT 84058
OFF MARKET

1589 S 240 E #2
Orem, UT 84058

Cherry Hill
  • 2 Beds
  • 1 Bath
  • 700 sqft

$509,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,872/mo*

$509,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,872/mo*
2 Beds
1 Bath
700 sqft

Home Value

Trulia Estimate
$509K
Since last month
Decreased$37K (-6.5%)
Since last year
$200 (0%)
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 +202% in the last 10 years
MonthEstimated value
2026
August 2026$532K
July 2026$472K
June 2026$569K
May 2026$503K
April 2026$505K
March 2026$428K
February 2026$534K
January 2026$536K
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
0.23
Multi-Family Home
-
12/06/25
8
4
3,330
0.86
Multi-Family Home
-
10/09/25
4
2.5
3,084
0.72
Multi-Family Home
-
05/01/26
6
4
3,232
1.85
Multi-Family Home
-
08/27/25
4
2
2,784
1.76
Multi-Family Home
-
03/27/26
6
3
2,640
2.40
Multi-Family Home
-
05/07/26
5
2
1,073
2.76
Multi-Family Home
-
06/05/26
4
4
2,156
3.24
Multi-Family Home
-
10/10/25
4
2
1,950
2.30
Multi-Family Home
-
12/01/25
-
4,200
3.37
Multi-Family Home
-
06/12/26
4
2
3,348

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
0.17
$1,317,100
12
8
8,588
Off Market
0.21
$258,200
2
1
803
Off Market
0.26
$670,000
4
3
3,022
For Sale
0.27
$838,000
4
2.5
3,761
For Sale
0.28
-
3
1
960
Recently Sold
0.29
$610,000
6
4
3,055
Off Market
0.33
$1,150,000
4
2.5
4,889
For Sale
0.42
$859,900
5
4.5
4,426
For Sale
0.48
$515,000
3
2
1,410
For Sale
0.49
$405,700
4
2
1,368
Off Market
0.50
$939,000
7
5
4,897
For Sale
0.51
-
5
3.5
4,368
Off Market

Local Information

  • Map ViewExplore the area around 1589 S 240 E #2.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Living Area
700 sqft
Price/Sqft
$727

About this House

This multi-family home is located at 1589 S 240 E #2, Orem, UT. 1589 S 240 E #2 is in the Cherry Hill neighborhood in Orem, UT and in ZIP code 84058. This property has 2 bedrooms, 1 bathroom and approximately 700 sqft of floor space.
1589 S 240 E #2, Orem, UT 84058 is a 2 bedroom, 1 bathroom, 700 sqft multi-family in Cherry Hill. More recently, it was listed as a rental in August 2018 with an asking price of $750 per month. That rental listing was removed on August 16, 2018. It is currently off market. The Trulia Estimate is $509,100, with a rent estimate of $1,114/month.

Home Details for 1589 S 240 E #2

Property Information

Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Price and Tax history

DateEventPrice
Aug 16, 2018
Source: Agent Provided
ListingRemoved
$750
Aug 7, 2018
Source: Agent Provided
Listed For Rent
$750
Mar 15, 2018
Source: Agent Provided
ListingRemoved
$750
Feb 8, 2018
Source: Agent Provided
Listed For Rent
$750
Jul 28, 2017
Source: Agent Provided
ListingRemoved
$730

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$4.71K
MoM
Sale-to-List Price
99.4%
0.1%
MoM
Price per sq ft
$240
$1
MoM
Available listings
233
6
MoM
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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

Apartments for Rent

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Homes for sale near 1589 S 240 E #2

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Off Market Homes Near 1589 S 240 E #2

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Frequently asked questions about 1589 S 240 E #2

  • What is 1589 S 240 E #2 estimated to be worth?
    Trulia's estimated value for 1589 S 240 E #2 in Orem, UT is $509,100.
  • 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 $507K. That is down $4.71K from the prior month.
  • What do residents say about the Cherry Hill neighborhood?
    Residents describe the Cherry Hill neighborhood in Orem, UT as pedestrian-friendly, easy to park in, and well-kept. See recently sold homes in Cherry Hill, Orem.