988 E  500 S, Orem, UT 84097
OFF MARKET

988 E 500 S
Orem, UT 84097

Sharon
  • 8 Beds
  • 4 Baths
  • 5,122 sqft (on 0.45 acres)

$1,235,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $6,844/mo*

$1,235,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $6,844/mo*
8 Beds
4 Baths
5,122 sqft
(on 0.45 acres)

Local Information

  • Map ViewExplore the area around 988 E 500 S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2011
Lot Size
0.45 acres
Living Area
5,122 sqft
Price/Sqft
$241
Parking
Garage

About this House

This single-family home is located at 988 E 500 S, Orem, UT. 988 E 500 S is in the Sharon neighborhood in Orem, UT and in ZIP code 84097. This property has 8 bedrooms, 4 bathrooms and approximately 5,122 sqft of floor space. This property has a lot size of 0.45 acres and was built in 2011.
988 E 500 S, Orem, UT 84097 is a 8 bedroom, 4 bathroom, 5,122 sqft single-family home in Sharon, built in 2011. It is currently off market. The Trulia Estimate is $1,235,500, with a rent estimate of $4,284/month.

Home Details for 988 E 500 S

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, Mud Room, Pantry
Heating & Cooling
Heating: Other, GasAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Hardwood, Linoleum Vinyl
Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Shingle, Brick, Cement ConcreteLawnPatioPorchSprinkler System
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2011
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 0.45 acres

Price History for 988 E 500 S

DatePriceEventSource
04/24/2023$1,168,800PendingUtahRealEstate.com #1870349
04/10/2023$1,168,800Listed For SaleUtahRealEstate.com #1870349
05/21/2022$1,388,000ListingRemovedUtahRealEstate.com #1810810
05/05/2022$1,388,000Listed For SaleUtahRealEstate.com #1810810

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$4,539
Assessment$1,036,300
Home facts updated by county records

Comparable Sales for 988 E 500 S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Single-Family Home
-
08/29/25
5
2
2,576
0.22
Single-Family Home
-
10/02/25
4
3
1,776
0.66
Single-Family Home
-
08/12/25
5
4.5
3,682
0.27
Single-Family Home
-
08/27/25
6
11
17,242
0.65
Single-Family Home
-
05/20/26
5
2
3,194
0.59
Single-Family Home
-
06/08/26
4
3
2,576
0.41
Single-Family Home
-
01/20/26
3
3
1,297
0.72
Single-Family Home
-
07/15/26
5
3
1,700
1.31
Single-Family Home
-
07/16/26
5
4
5,166
0.97
Single-Family Home
-
10/02/25
5
2
3,122

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 988 E 500 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

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 988 E 500 S

Skip to last item
Skip to first item

Off Market Homes Near 988 E 500 S

Skip to last item
Skip to first item

Frequently asked questions about 988 E 500 S

  • What is 988 E 500 S estimated to be worth?
    Trulia's estimated value for 988 E 500 S in Orem, UT is $1,235,500.
  • 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 988 E 500 S?
    The closest schools to 988 E 500 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 988 E 500 S have air conditioning?
    Yes, 988 E 500 S in Orem, UT has air conditioning.
  • Does 988 E 500 S have laundry facilities?
    Yes, 988 E 500 S in Orem, UT has laundry facilities.