540 S 500 E, Orem, UT 84097
OFF MARKET

540 S 500 E
Orem, UT 84097

Sharon
  • 5 Beds
  • 2 Baths
  • 2,688 sqft

$603,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,379/mo*
Refinance Your Home

$603,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,379/mo*
Refinance Your Home
5 Beds
2 Baths
2,688 sqft

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

Property Type
Single-Family Home
Year Built
1961
Living Area
2,688 sqft
Price/Sqft
$224
Parking
Garage

About this House

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 last sold for $330,000 on Oct 18, 2019. It is currently off market. The Trulia Estimate is $603,200, with a rent estimate of $2,436/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 History for 540 S 500 E

DatePriceEventSource
02/08/2023$575,000ContingentUtahRealEstate.com #1846380
01/28/2023$575,000PendingToActiveUtahRealEstate.com #1846380
01/26/2023$575,000ContingentUtahRealEstate.com #1846380
10/12/2022$575,000Listed For SaleUtahRealEstate.com #1846380
10/21/2019$334,850ListingRemovedAgent Provided
10/19/2019$334,850PendingAgent Provided
10/18/2019--Sold
N/A
09/18/2019$334,850PriceChange
Agent Provided
09/12/2019$334,875PriceChange
Agent Provided
09/05/2019$334,900Listed For SaleAgent Provided
04/12/2011--Sold
N/A
01/21/2011$199,900PriceChange
Agent Provided
08/21/2010$219,900PriceChange
Agent Provided
07/24/2010$230,000Listed For SaleAgent Provided

Market trends in Orem

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$510K
$10.35KMoM
Sale-to-List Price
99.2%
0.4%MoM
Price per sq ft
$239
$1MoM
Available listings
239
17MoM
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Property Tax and Assessment

Year2025
Tax$2,166
Assessment$494,500
Home facts updated by county records

Comparable Sales for 540 S 500 E

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
715 S 900 E, Orem, UT
0.58
Single-Family Home
-
08/29/25
5
2
2,576
912 S 100 E, Orem, UT
0.67
Single-Family Home
-
06/17/26
5
2
2,800
424 S 400 E, Orem, UT
0.21
Single-Family Home
-
09/17/25
3
2
1,342
169 Woodland Dr, Orem, UT
0.51
Single-Family Home
-
06/08/26
4
3
2,576
916 S 200 E, Orem, UT
0.59
Single-Family Home
-
12/19/25
4
2
2,200
567 S 670 E, Orem, UT
0.25
Single-Family Home
-
01/20/26
3
3
1,297
920 S 150 E, Orem, UT
0.63
Single-Family Home
-
09/04/25
4
2
1,750
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
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 540 S 500 E.
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 "
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  • 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."
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LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

58 pet-friendly rentals in Orem, UT

Explore by feature - Garage

69 rentals with a garage in Orem, UT

Explore by feature - Air Conditioning

165 rentals with air conditioning in Orem, UT

Explore by feature - Pool

70 rentals with a pool in Orem, UT

Explore by feature - Washer/dryer

147 rentals with a washer/dryer in Orem, UT

Explore by feature - Outdoor Space

29 rentals with an outdoor space in Orem, UT

Homes for sale near 540 S 500 E

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Off Market Homes Near 540 S 500 E

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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 $603,200.
  • 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 $510K. That is up $10.35K 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).