1940 Terrace Dr, Orem, UT 84097
OFF MARKET

$916,000

Trulia Estimate
  • 6 Beds
  • 4 Baths
  • 5,594 sqft (on 0.59 acres)

1940 Terrace Dr, Orem, UT 84097

Cherry Hill
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Home Value

Trulia Estimate
$916K
Since last month
Increased$2K (+0.2%)
Since last year
Increased$37K (+4.2%)
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 +124% in the last 10 years
MonthEstimated value
2026
August 2026$909K
July 2026$907K
June 2026$923K
May 2026$920K
April 2026$901K
March 2026$893K
February 2026$880K
January 2026$893K
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
1362 W 1940 N, Provo, UT
0.23
Single-Family Home
-
07/01/26
6
3.5
5,435
666 E 1600 S, Orem, UT
0.41
Single-Family Home
-
02/09/26
5
3
2,800
1341 W 1460 N, Provo, UT
0.60
Single-Family Home
-
12/16/25
8
4
4,442
930 W 2100 N, Provo, UT
0.24
Single-Family Home
-
07/01/26
5
2
2,016
1500 Jordan Ave, Provo, UT
0.56
Single-Family Home
-
04/08/26
3
3
2,788
1311 S 1100 E, Orem, UT
0.95
Single-Family Home
-
03/18/26
5
6
12,000
1574 W 1400 N, Provo, UT
0.72
Single-Family Home
-
04/13/26
6
4.5
5,921
628 E 1600 S, Orem, UT
0.42
Single-Family Home
-
06/09/26
4
2
2,020
691 E 1600 S, Orem, UT
0.44
Single-Family Home
-
09/23/25
3
3.5
2,754
1680 S 50 E, Orem, UT
0.88
Single-Family Home
-
04/01/26
5
3
3,072

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
1286 W 1980 N, Provo, UT 84604
0.15
$1,149,900
7
4
4,852
For Sale
1298 W 1980 N, Provo, UT 84604
0.16
$1,299,000
6
4.5
5,475
For Sale
2241 N 1060 W, Provo, UT 84604
0.19
-
6
4
3,232
Recently Sold
720 E 1720th St S, Orem, UT 84097
0.26
$935,000
8
6
4,000
For Sale
930 W 2100 N, Provo, UT 84604
0.24
-
5
2
2,016
Recently Sold
426 E 1910 S, Orem, UT 84058
0.30
$514,000
3
2
1,410
For Sale
1878 N 1420 W, Provo, UT 84604
0.31
$1,015,000
4
4.5
5,100
For Sale
1990 S 424 E, Orem, UT 84058
0.34
$459,900
4
3.5
2,552
For Sale
1040 W Columbia Ln, Provo, UT 84604
0.34
$625,000
5
2
2,210
For Sale
1763 Willowbrook Dr, Provo, UT 84604
0.34
$285,000
3
1.5
1,120
For Sale
1747 Cobblestone Dr, Provo, UT 84604
0.36
$449,000
3
3
2,930
For Sale
1778 S 400 E, Orem, UT 84058
0.42
$605,800
6
4
3,055
Off Market

Local Information

  • Map ViewExplore the area around 1940 Terrace Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1986
Lot Size
0.59 acres
Living Area
5,594 sqft
Price/Sqft
$164
Parking
Garage

About this House

Gorgeous home in great area at the end of a quiet street!! Home features formal living room, crown molding, updated lighting, wood burning stove, plantation shutters, solid surface countertops, large laundry/mudroom, huge great room with lots of windows, vaulted ceilings, built in desk and shelving, tons of closets and storage throughout, amazing yard with .59 acres, huge deck, covered veranda, fire pit, basket ball pad, fruit trees and raised vegetable garden. The lot can be subdivided and so
1940 Terrace Dr, Orem, UT 84097 is a 6 bedroom, 4 bathroom, 5,594 sqft single-family home in Cherry Hill, built in 1986. It last sold for $0 on Dec 8, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $916,000, with a rent estimate of $3,690/month.

Home Details for 1940 Terrace Dr

Interior Features

Interior Details
BasementNumber of Rooms: 8
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: 1986Year Updated: 1986
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 0.59 acres

Price and Tax history

DateEventPrice
Dec 8, 2011
Source: N/A
Sold
--
Oct 28, 2011
Source: Agent Provided
Listed For Sale
$399,900

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Cherry Hill
See Local Highlights
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. "
    0
    Flag

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Frequently asked questions about 1940 Terrace Dr

  • What is 1940 Terrace Dr estimated to be worth?
    Trulia's estimated value for 1940 Terrace Dr in Orem, UT is $916,000.
  • What is the price history for 1940 Terrace Dr?
    1940 Terrace Dr in Orem, UT last sold in December 2011.
  • 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.
  • Does 1940 Terrace Dr have air conditioning?
    Yes, 1940 Terrace Dr in Orem, UT has air conditioning.
  • How big is the lot at 1940 Terrace Dr?
    The lot at 1940 Terrace Dr in Orem, UT is about 0.59 acres (25,656 sq ft).

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