494 N  1040 E, Orem, UT 84097
OFF MARKET

494 N 1040 E
Orem, UT 84097

Orchard
  • 4 Beds
  • 2 Baths
  • 2,088 sqft

$517,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,910/mo*

$517,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,910/mo*
4 Beds
2 Baths
2,088 sqft

Local Information

  • Map ViewExplore the area around 494 N 1040 E.
  • 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
Living Area
2,088 sqft
Price/Sqft
$248
Parking
Garage

About this House

Nice home w/ updated bamboo laminate flooring in living room, kitchen & dining & tile flooring in bathrooms. New paint, floor coverings & appliances. Large backyard, fully landscaped & fenced. Oversized shed or RV/toy storage w/ full overhead door. Seller willing to pay for 2 year Home Warranty FOR OWNER OCCUPIED . This property is eligible under the Freddie Mac First Look Initiative during first 15 days of the listing. Investor offers will be submitted after. SEE AGENT REMARKS FOR DETAILS.
494 N 1040 E, Orem, UT 84097 is a 4 bedroom, 2 bathroom, 2,088 sqft single-family home in Orchard, built in 1986. It last sold for $0 on Dec 9, 2015. It is currently off market. The Trulia Estimate is $517,500, with a rent estimate of $2,202/month.

Home Details for 494 N 1040 E

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Family Room, Laundry Room, Master Bath
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, Metal
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1986Year Updated: 1986
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price History for 494 N 1040 E

DatePriceEventSource
12/09/2015--Sold
N/A
11/08/2011--Sold
N/A
10/06/2011$163,900PriceChange
Agent Provided
09/09/2011$173,775Listed For SaleAgent Provided
06/06/2011--Sold
N/A

Market trends in Orem

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$510K
$10.35K
MoM
Sale-to-List Price
99.2%
0.4%
MoM
Price per sq ft
$239
$1
MoM
Available listings
239
17
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$2,205
Assessment$503,300
Home facts updated by county records

Comparable Sales for 494 N 1040 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Single-Family Home
-
03/12/26
3
2
1,900
0.09
Single-Family Home
-
12/29/25
3
4
1,394
0.61
Single-Family Home
-
03/10/26
5
3
2,040
0.61
Single-Family Home
-
03/10/26
4
2
1,020
0.72
Single-Family Home
-
12/11/25
5
3
2,000
0.70
Single-Family Home
-
12/04/25
5
3
2,430
0.72
Single-Family Home
-
01/05/26
7
3
2,895
0.63
Single-Family Home
-
08/12/25
5
4.5
3,682
0.72
Single-Family Home
-
11/10/25
2
2
1,212
1.00
Single-Family Home
-
06/08/26
4
3
2,576

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 494 N 1040 E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Orchard

At least 5 Trulia users voted on each feature.
  • 100 % Say there are sidewalks

  • 100 % Say kids play outside

  • 100 % Say parking is easy

  • 89 % Say yards are well-kept

  • 89 % Say it's dog friendly

  • 83 % Say streets are well-lit

  • 83 % Say car is needed

  • 70 % Say there's holiday spirit

  • 67 % Say there are community events

  • 67 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 60 % Say it's walkable to grocery stores

  • 56 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 40 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Sarahelizabethhall
    "nice friendly and walkable. lots of people walking and biking and lots of other dogs. enjoy the friendly neighborhood"

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 494 N 1040 E

Skip to last item
Skip to first item

Off Market Homes Near 494 N 1040 E

Skip to last item
Skip to first item

Frequently asked questions about 494 N 1040 E

  • What is 494 N 1040 E estimated to be worth?
    Trulia's estimated value for 494 N 1040 E in Orem, UT is $517,500.
  • What is the price history for 494 N 1040 E?
    494 N 1040 E in Orem, UT last sold in December 2015.
  • 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 $510K. That is up $10.35K from the prior month.
  • Does 494 N 1040 E have air conditioning?
    Yes, 494 N 1040 E in Orem, UT has air conditioning.
  • Does 494 N 1040 E have laundry facilities?
    Yes, 494 N 1040 E in Orem, UT has laundry facilities.