Owner
$476,349
216 N 260 W, OREM, UT
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,243
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality C+
Average Condition
Living Area
Attached Garage
1 Story
Forced Air Unit
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1974
Building Size
1,243 sq ft
Lot Size
8,712 sq ft
Lot Size (Acres)
0.20 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
54-001-0014
County
Utah County, Utah
Metro Area
Provo-Orem-Lehi, UT
Zoning
—
Neighborhood/Subdivision
VALE MANOR
Lot Number
14
School District
Alpine School District
Legal Description
LOT 14, PLAT A, VALE MANOR SUB
Tax & Value Information
Market Value (Total)
$369,500
Building Value
$187,700
Land Value
$181,800
Annual Property Tax
$1,662
Tax Assessment Year
2024
Assessed Value
$203,225
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/20/2025
Recording Date
2/21/2025
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$18,432
Return on Investment
15.60%
After Repair Value
$523,984
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$428,714
Renovation Cost
$23,817
Closing Costs (buying)
$8,574
Holding Costs
$13,007
Selling Costs
$31,439
Total Investment
$118,135
After Repair Value (ARV)
$523,984
Total Costs
$505,552
Estimated Profit
$18,432
Cash Invested
$109,560
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area