245 S 500 E
Provo, UT 84606
Maeser
3 Beds
2 Baths
1,840 sqft
$445,000
Original price: $450,000
$445,000
Original price: $450,000
3 Beds
2 Baths
1,840 sqft
Local Information
© Google
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Description
Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away from the BYU Campus providing a virtual unending supply of potential tenants. No matter if You, or Your Tenants are looking to live in a warm and inviting home environment indoors, or taking in a private moment to kick the ball, throw the frisbee, play with the dog, or even immerse yourself in the tranquility of creativity by taking time to paint or throw pottery in the Art Shed nestled within the confines of the secluded back yard. Then when it's time to get out for an evening on the town you or your tenants are only 3 minutes away from the vibrant culture of Downtown Provo replete with numerous restaurants to satisfy any taste and numerous activities that are sure to invigorate the mind. With all the foregoing it is easy to see that this property is amply prepared to provide memories to last a lifetime. If this is the type of environment you are looking for personally or are hoping to provide for your valued tenants then you are hereby invited to consider taking the opportunity to make this ideal residence your very own.. As far as the facts go this property has boasted a solid history of quality tenants. Main Floor Tenants have vacated due to not knowing if the Buyer would be an Investor or an Owner Occupied Buyer. However Rent rate was $1800. Basement tenant just renewed Lease on a Month-to-Month Basis at $1,000.00 a month and would like to secured a long term lease if the new owner will allow, but the month-to-month arrangement ensures that if having a basement tenant is not needed/wanted, notice can be given and tenant would be moved out likely by close of escrow. This property has been pre-inspected by one of the very best Home Inspectors in the entire State of Utah to ensure that this property is in excellent condition, free of any surprises, which report will gladly be shared with any valid accepted offer with a desire to help any ready willing and able buyer make a more informed decision in the purchasing process. What is more, the roof has recently been replaced, and the owner has continued to invest in considerable improvements in the property which are detailed in the supplementary paperwork. Main level is vacant. Kindly provide 24 hour notice prior to any showing requests for the basement. However, don't let that stop you from reaching out to arrange an easy, convenient and private showing today. All information herein is deemed reliable but is not guaranteed. Buyer is therefore responsible to verify all listing information, including square footage/acreage, to Buyer's own satisfaction.
Home Highlights
Parking
1 Carport Spaces
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$242
Listed
155 days ago
Home Details for 245 S 500 E
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Interior Details Basement: Partial,Basement EntranceNumber of Rooms: 11Types of Rooms: Master Bedroom |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1840 Square Feet |
Appliances & Utilities Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Free-Standing Range |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Drapes, Part |
Levels, Entrance, & Accessibility Stories: 2 |
View Has a ViewView: Mountain(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: Covered, Covered PatioFencing: FullVegetation: Fruit Trees, Landscaping: Full, Vegetable GardenNo Private Pool |
Parking & Garage Number of Carport Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 2Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 3Parking: Covered,RV Access/Parking |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer, Sewer: Public |
Surface & Elevation Topography: Terrain |
Finished Area Finished Area (above surface): 1152 Square FeetFinished Area (below surface): 688 Square Feet |
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Days on Market: 155 |
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Year Built Year Built: 1924Year Renovated: 1999 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rambler/Ranch |
Building Not a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: Blt./StandingParcel Number: 050520027 |
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Price List Price: $445,000Price Per Sqft: $242 |
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MLS Status: Active |
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Direction & Address City: ProvoCommunity: None |
School Information Elementary School: Provo PeaksElementary School District: ProvoJr High / Middle School: CentennialJr High / Middle School District: ProvoHigh School: ProvoHigh School District: Provo |
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Listing Agent Listing ID: 2125688 |
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Building Area Building Area: 1840 Square Feet |
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Community Features: SidewalksNot Senior Community |
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No HOA |
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Lot Area: 8276.4 sqft |
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Disclaimer: Information not guaranteed. Buyer to verify all information. |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 2125688Attribution Contact: 801-224-9011Above Grade Unfinished Area: 1152 |
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SidewalksSource Internet Entire Listing Display |
Last check for updates: about 10 hours ago
Listing courtesy of Jordyn Archer, (801) 509-9000
Berkshire Hathaway HomeServices Elite Real Estate
Source: UtahRealEstate.com, MLS#2125688
Also Listed on BHHS broker feed, UtahRealEstate.com.
Price History for 245 S 500 E
| Date | Price | Event | Source |
|---|---|---|---|
| 05/05/2026 | $445,000 | PriceChange | UtahRealEstate.com #2125688 |
| 04/18/2026 | $450,000 | PriceChange | UtahRealEstate.com #2125688 |
| 04/06/2026 | $455,000 | PriceChange | UtahRealEstate.com #2125688 |
| 04/04/2026 | $465,000 | PriceChange | UtahRealEstate.com #2125688 |
| 03/24/2026 | $475,000 | PriceChange | UtahRealEstate.com #2125688 |
| 03/11/2026 | $480,000 | PriceChange | UtahRealEstate.com #2125688 |
| 03/05/2026 | $485,000 | PriceChange | UtahRealEstate.com #2125688 |
| 02/26/2026 | $490,000 | PriceChange | UtahRealEstate.com #2125688 |
| 02/19/2026 | $495,000 | PriceChange | UtahRealEstate.com #2125688 |
| 02/09/2026 | $500,000 | PriceChange | UtahRealEstate.com #2125688 |
| 01/31/2026 | $503,000 | PriceChange | UtahRealEstate.com #2125688 |
| 01/27/2026 | $504,500 | PriceChange | UtahRealEstate.com #2125688 |
| 01/20/2026 | $506,000 | PriceChange | UtahRealEstate.com #2125688 |
| 01/12/2026 | $507,500 | PriceChange | UtahRealEstate.com #2125688 |
| 01/07/2026 | $509,000 | PriceChange | UtahRealEstate.com #2125688 |
| 01/01/2026 | $510,500 | PriceChange | UtahRealEstate.com #2125688 |
| 12/29/2025 | $512,000 | PriceChange | UtahRealEstate.com #2125688 |
| 12/23/2025 | $513,500 | PriceChange | UtahRealEstate.com #2125688 |
| 12/05/2025 | $515,000 | PriceChange | UtahRealEstate.com #2125688 |
| 01/27/2024 | $440,000 | Pending | UtahRealEstate.com #1973963 |
| 01/25/2024 | $440,000 | PriceChange | UtahRealEstate.com #1973963 |
| 01/05/2024 | $450,000 | Listed For Sale | UtahRealEstate.com #1973963 |
| 07/25/2019 | -- | Sold | N/A |
| 06/07/2019 | $284,900 | PriceChange | Agent Provided |
| 05/24/2019 | $289,900 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,489 |
| Assessment | $445,500 |
Home facts updated by county records
Comparable Sales for 245 S 500 E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.66 | Single-Family Home | - | 09/09/25 | 4 | 3.5 | 2,245 |
Assigned Schools
These are the assigned schools for 245 S 500 E.
- Centennial Middle School
- 7-8
- Public
- 1094 Students
5/10GreatSchools RatingParent Rating AverageMy son was assaulted by another student while a teacher was present, which raises serious concerns about supervision and student safety. Beyond that incident, the overall environment is chaotic. Many teachers seem disengaged, and there is little focus on student learning or accountability. Also drugs and vapes in bathrooms. My sons experience in the other middle school was a lot better.Parent Review4mo ago - Timpview High School
- 9-12
- Public
- 2341 Students
7/10GreatSchools RatingParent Rating AverageThe community is great I love timpview and always have this place has some rough edges but it's a welcoming environment for students of all kinds and in my opinion offer an experience like no otherStudent Review4y ago - Provo Peaks School
- K-6
- Public
- 551 Students
5/10GreatSchools RatingParent Rating AverageI went to Provo peaks through the CAS program and it was a really good school! I was never bored with the curriculum and all the staff and students are very nice and welcoming. I really liked how in fifth and sixth grade we got to help the special ed kids and become friends with them, it was really fun. I just graduated but I definitely recommend Provo Peaks!Other Review8mo ago - Eschool@Provo School District
- K-12
- Public
- 65 Students
9/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near 245 S 500 E.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Maeser
At least 8 Trulia users voted on each feature.
100 % Say there are sidewalks
100 % Say it's dog friendly
100 % Say kids play outside
92 % Say it's walkable to restaurants
88 % Say yards are well-kept
85 % Say parking is easy
80 % Say there's holiday spirit
80 % Say people would walk alone at night
77 % Say streets are well-lit
69 % Say car is needed
69 % Say neighbors are friendly
64 % Say there are community events
54 % Say it's walkable to grocery stores
46 % Say it's quiet
33 % Say they plan to stay for at least 5 years
27 % Say there's wildlife
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jordyn Archer, Berkshire Hathaway HomeServices Elite Real Estate
Agent Phone: (801) 509-9000
Based on information from UtahRealEstate.com as of 2026-03-26 15:41:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties
may or may not be listed by the office/agent presenting the information.Click here for more information