298 E 500 S
American Fork, UT 84003
- 2 Beds
- 1 Bath
- 783 sqft
$496,900
as of Aug 3, 2026
$496,900
as of Aug 3, 2026
2 Beds
1 Bath
783 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Living Area
783 sqft
Price/Sqft
$635
About this House
My husband and I have a recently renovated basement we are renting out. It has a shared entrance, but the entire basement is private with a keyed entry. It includes 2 bedrooms, 1 bathroom, kitchen, laundry, and living room. Washer/dryer included. High-speed internet with separate router for basement use. We have a large hot tub and backyard with entertaining space available for use with scheduling. Utilities are $300/month, including the high-speed internet. It's a great neighborhood close to multiple parks and downtown American Fork. Two minutes from freeway entrance. No pets allowed. If interested, there is a $45 background/credit check for each adult wanting to move in.
We don't have a specified lease term, we're open for however long our current tenant needs. Security deposit is 75% refundable upon move-out dependent on damages. There is one parking spot on the driveway and additional parking on the street in front of the house. We do have 3 dogs that occupy the main floor and yard of the house that tenant would be required to interact with since it's a shared entrance to the basement. We do have some allergies so there's no smoking/vaping in the home as well as no continued use of perfumes/fragrances including air fresheners and essential oil diffusers. There are other rules but they're all geared around mutual trust and respect. I can provide a copy of our rental agreement to anyone if interested.
We don't have a specified lease term, we're open for however long our current tenant needs. Security deposit is 75% refundable upon move-out dependent on damages. There is one parking spot on the driveway and additional parking on the street in front of the house. We do have 3 dogs that occupy the main floor and yard of the house that tenant would be required to interact with since it's a shared entrance to the basement. We do have some allergies so there's no smoking/vaping in the home as well as no continued use of perfumes/fragrances including air fresheners and essential oil diffusers. There are other rules but they're all geared around mutual trust and respect. I can provide a copy of our rental agreement to anyone if interested.
298 E 500 S, American Fork, UT 84003 is a 2 bedroom, 1 bathroom, 783 sqft single-family home. More recently, it was listed as a rental in January 2025 with an asking price of $1,000 per month. That rental listing was removed on January 29, 2025. It is currently off market. The Trulia Estimate is $496,900, with a rent estimate of $1,402/month.
Home Details for 298 E 500 S
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Hot Tub or Spa |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood, Tile |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 6 MonthAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Price History for 298 E 500 S
| Date | Price | Event | Source |
|---|---|---|---|
| 01/29/2025 | $1,000 | ListingRemoved | Zillow Rentals |
| 01/08/2025 | $1,000 | Listed For Rent | Zillow Rentals |
| 06/27/2022 | ListingRemoved | Zillow Rental Manager | |
| 06/10/2022 | $1,650 | Listed For Rent | Zillow Rental Manager |
| 10/24/2018 | $298,000 | ListingRemoved | Agent Provided |
| 10/20/2018 | $298,000 | PriceChange | Agent Provided |
| 10/05/2018 | $311,999 | PriceChange | Agent Provided |
| 08/29/2018 | $319,000 | PriceChange | Agent Provided |
| 08/24/2018 | $330,000 | PriceChange | Agent Provided |
| 06/21/2018 | $340,000 | Listed For Sale | Agent Provided |
Market trends in American Fork
Last updated June 2026
Avg. sale price
$504K
$4.28KMoM
Sale-to-List Price
—
Price per sq ft
$247
$7MoM
Available listings
163
17MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,308 |
| Assessment | $480,400 |
Home facts updated by county records
Comparable Sales for 298 E 500 S
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Single-Family Home | - | 03/19/26 | 4 | 1 | 975 | |
0.07 | Single-Family Home | - | 03/05/26 | 3 | 2 | 2,166 | |
0.12 | Single-Family Home | - | 12/26/25 | 4 | 3 | 2,900 | |
0.76 | Single-Family Home | - | 02/20/26 | 3 | 2 | 1,195 | |
0.62 | Single-Family Home | - | 12/15/25 | 3 | 2.5 | 1,460 | |
0.57 | Single-Family Home | - | 02/03/26 | 4 | 3 | 1,454 | |
0.73 | Single-Family Home | - | 02/18/26 | 3 | 2 | 1,742 | |
0.70 | Single-Family Home | - | 10/28/25 | 3 | 2.5 | 1,478 | |
0.62 | Single-Family Home | - | 12/01/25 | 4 | 3 | 1,860 | |
0.64 | Single-Family Home | - | 08/29/25 | 5 | 2 | 2,240 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 298 E 500 S.
What Locals Say about American Fork
At least 87 Trulia users voted on each feature.
95 % Say there are sidewalks
89 % Say it's dog friendly
86 % Say parking is easy
85 % Say car is needed
84 % Say there's holiday spirit
82 % Say kids play outside
76 % Say yards are well-kept
73 % Say people would walk alone at night
69 % Say it's quiet
59 % Say neighbors are friendly
57 % Say it's walkable to grocery stores
55 % Say streets are well-lit
52 % Say there are community events
44 % Say it's walkable to restaurants
40 % Say they plan to stay for at least 5 years
34 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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