540 S 500 E, Orem, UT 84097
OFF MARKET

$597,200

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,688 sqft

540 S 500 E, Orem, UT 84097

Sharon
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Home Value

Trulia Estimate
$597K
Since last month
Decreased$600 (-0.1%)
Since last year
Decreased$8K (-1.4%)
Since last sale
Increased$268K (+81.2%)
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 +134% in the last 10 years
MonthEstimated value
2026
September 2026$598K
August 2026$599K
July 2026$598K
June 2026$614K
May 2026$618K
April 2026$619K
March 2026$608K
February 2026$604K
January 2026$607K
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
560 S 500 E, Orem, UT
0.02
Single-Family Home
-
05/20/26
5
2
3,194
533 S 670 E, Orem, UT
0.24
Single-Family Home
-
12/15/25
5
2
2,352
376 S 400 E, Orem, UT
0.26
Single-Family Home
-
05/27/26
3
2
1,755
912 S 100 E, Orem, UT
0.67
Single-Family Home
-
06/17/26
5
2
2,800
169 Woodland Dr, Orem, UT
0.51
Single-Family Home
-
06/08/26
4
3
2,576
567 S 670 E, Orem, UT
0.25
Single-Family Home
-
01/20/26
3
3
1,297
338 S 1000 E, Orem, UT
0.69
Single-Family Home
-
10/02/25
4
3
1,776
54 S 400 E, Orem, UT
0.65
Single-Family Home
-
12/01/25
2
3
2,327
1073 S 890 E, Orem, UT
0.85
Single-Family Home
-
07/15/26
5
3
1,700
916 S 200 E, Orem, UT
0.59
Single-Family Home
-
12/19/25
2
2
1,233
Home facts updated by county records

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
556 S 450 E, Orem, UT 84097
0.06
$515,000
4
2
2,336
For Sale
463 E 500 S, Orem, UT 84097
0.08
$550,000
5
3
2,698
For Sale
543 S 560 E, Orem, UT 84097
0.10
$439,000
2
1
1,734
For Sale
491 E 450 S, Orem, UT 84097
0.15
$1,075,000
6
4
5,205
For Sale
619 E 445 S, Orem, UT 84097
0.21
$515,000
5
2.5
2,028
For Sale
276 N 680 E, Orem, UT 84058
0.28
$403,500
4
2.5
1,894
Off Market
309 S 400 E, Orem, UT 84097
0.32
$470,000
4
2
2,000
For Sale
125 E Hanover Dr, Orem, UT 84058
0.48
$349,900
3
1.5
1,188
For Sale
87 E 600 S #D, Orem, UT 84058
0.54
$249,900
2
1
825
For Sale
63 E 530th St S, Orem, UT 84058
0.55
$479,000
4
3
2,314
For Sale
70 E 600 S #70, Orem, UT 84058
0.55
$249,500
2
1
825
For Sale
972 S 550 E, Orem, UT 84097
0.53
$589,000
5
3
2,496
For Sale

Local Information

  • Map ViewExplore the area around 540 S 500 E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1961
2,688 sqft
$222/sqft
Garage

About this House

What's unique:Recently updated appliancesMove-in readyFront landscapingFull kitchenRock fireplaceCustom built in cabinets
This single-family home is located at 540 S 500 E, Orem, UT. 540 S 500 E is in the Sharon neighborhood in Orem, UT and in ZIP code 84097. This property has 5 bedrooms, 2 bathrooms and approximately 2,688 sqft of floor space. This property has a lot size of 10454 sqft and was built in 1961.
540 S 500 E, Orem, UT 84097 is a 5 bedroom, 2 bathroom, 2,688 sqft single-family home in Sharon, built in 1961. It was last sold on Oct 18, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $597,200, with a rent estimate of $2,204/month.

Home Details for 540 S 500 E

Interior Features

Interior Details
BasementNumber of Rooms: 13
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: 1961Year Updated: 1979
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 10454 sqft

Price and Tax history

DateEventPrice
Feb 8, 2023
Source: UtahRealEstate.com #1846380
Contingent
$575,000
Jan 28, 2023
Source: UtahRealEstate.com #1846380
PendingToActive
$575,000
Jan 26, 2023
Source: UtahRealEstate.com #1846380
Contingent
$575,000
Oct 12, 2022
Source: UtahRealEstate.com #1846380
Listed For Sale
$575,000
Oct 21, 2019
Source: Agent Provided
ListingRemoved
$334,850

Market trends in Orem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$496K
$11.33KMoM
Sale-to-List Price
99.7%
0.3%MoM
Price per sq ft
$240
$0MoM
Available listings
247
13MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Sharon
See Local Highlights
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 "
    0
    Flag
  • Trulia User
    "it is a well, safe environment for children. kids can wonder off in confidence. easy transportation and schooling is available."
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  • 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."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 540 S 500 E

  • What is 540 S 500 E estimated to be worth?
    Trulia's estimated value for 540 S 500 E in Orem, UT is $597,200.
  • What is the price history for 540 S 500 E?
    540 S 500 E in Orem, UT last sold in October 2019.
  • 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 $496K. That is down $11.33K from the prior month.
  • Does 540 S 500 E have air conditioning?
    Yes, 540 S 500 E in Orem, UT has air conditioning.
  • How big is the lot at 540 S 500 E?
    The lot at 540 S 500 E in Orem, UT is about 0.24 acres (10,454 sq ft).

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