533 E  550 S, Orem, UT 84097
Master bedroom
Full bath
OFF MARKET

533 E 550 S
Orem, UT 84097

Sharon
  • 2 Beds
  • 1 Bath
  • 1,075 sqft

$418,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,365/mo*

$418,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $2,365/mo*
2 Beds
1 Bath
1,075 sqft

Local Information

  • Map ViewExplore the area around 533 E 550 S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,075 sqft
Price/Sqft
$389

About this House

Basement apartment remodeled from top to bottom. Great built-ins in closets. Huge storage shed on site,and more storage in utility room. Very quiet cul-de-sac. Close to everything in Orem. Owner takes care of yard. Possibility for a garden. Electricity, natural gas, water/sewer/garbage/renters insurance, and Xfinity all included for a $225 monthly price.

First and last month's rent and Administrative fee due before occupying. Non smokers only. No pets. One off street parking spot on the side driveway. Do not block garage driveway. One year lease renewable if tenancy has been favorable, no late rent etc. Monthly inspections, mostly for safety and to top off water softener salt and change furnace filter. $400 of deposit held back for cleaning fee upon vacating. Tenant expected to maintain cleanliness throughout rental period. Background check, work history, credit score and references will be verified
533 E 550 S, Orem, UT 84097 is a 2 bedroom, 1 bathroom, 1,075 sqft single-family home in Sharon. More recently, it was listed as a rental in August 2025 with an asking price of $1,750 per month. That rental listing was removed on September 12, 2025. It is currently off market. The Trulia Estimate is $418,000, with a rent estimate of $1,133/month.

Home Details for 533 E 550 S

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Price History for 533 E 550 S

DatePriceEventSource
09/12/2025$1,450ListingRemovedZillow Rentals
08/10/2025$1,450PriceChange
Zillow Rentals
08/02/2025$1,750Listed For RentZillow Rentals
05/25/2024ListingRemovedZillow Rentals
05/23/2024$1,400Listed For RentZillow Rentals

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
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Property Tax and Assessment

Year2025
Tax$1,700
Assessment$388,100
Home facts updated by county records

Comparable Sales for 533 E 550 S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Single-Family Home
-
09/17/25
3
2
1,342
0.20
Single-Family Home
-
01/20/26
3
3
1,297
0.58
Single-Family Home
-
07/30/26
3
1
1,710
0.07
Single-Family Home
-
05/20/26
5
2
3,194
0.76
Single-Family Home
-
11/10/25
2
2
1,212
0.65
Single-Family Home
-
12/01/25
2
3
2,327
0.47
Single-Family Home
-
06/08/26
4
3
2,576
0.68
Single-Family Home
-
09/04/25
4
2
1,750
0.53
Single-Family Home
-
08/29/25
5
2
2,576
0.64
Single-Family Home
-
12/19/25
4
2
2,200
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 533 E 550 S.
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 Sharon

  • Trulia User
    "Beat area in Utah county - we have lived here for five years now and really enjoy the area and proximity to shopping Brigham Young University and Utah Valley University "
  • Trulia User
    "it is a well, safe environment for children. kids can wonder off in confidence. easy transportation and schooling is available."
  • Calvin B.
    "It is a good mix of older established homes that are now being updated by new move ins. People often remodel or add on just to stay in this neighborhood. It is not an old neighborhood and also not a new subdivision. The shade trees line the road and people go for walks and say hello."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 533 E 550 S

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Off Market Homes Near 533 E 550 S

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Frequently asked questions about 533 E 550 S

  • What is 533 E 550 S estimated to be worth?
    Trulia's estimated value for 533 E 550 S in Orem, UT is $418,000.
  • 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.
  • What are the closest schools to 533 E 550 S?
    The closest schools to 533 E 550 S in Orem, UT are Centennial Elementary (Pre-K, rated 7/10), Lakeridge Jr High School (rated 7/10), Orem High School (rated 6/10).
  • Does 533 E 550 S have air conditioning?
    Yes, 533 E 550 S in Orem, UT has air conditioning.
  • Does 533 E 550 S have laundry facilities?
    Yes, 533 E 550 S in Orem, UT has in-unit laundry.