1589 S 240 E #2
Orem, UT 84058
Cherry Hill- 2 Beds
- 1 Bath
- 700 sqft
2 Beds
1 Bath
700 sqft
Home Value
Trulia Estimate
$509KSince 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
| Month | Estimated 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
-- mins to
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
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Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jul 21, 2017 Source: Agent Provided | PriceChange | $730 Price decreased by 3% |
Jul 3, 2017 Source: Agent Provided | Listed For Rent | $750 |
Market trends in Orem
Last updated July 2026
Avg. sale price
$507K
$4.71KMoM
Sale-to-List Price
99.4%
0.1%MoM
Price per sq ft
$240
$1MoM
Available listings
233
6MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 1589 S 240 E #2
Off Market Homes Near 1589 S 240 E #2
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.