245 South 500 East

Provo, UT 84606

$445,000
Price
3
Beds
1,840 Sq. Ft.
$242 / Sq. Ft.
1,840
Sq. Ft.
$242
per Sq. Ft.
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Under Contract
Under Contract

Description

Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away...Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away from the BYU Campus providing a virtual unending supply of potential tenants. No matter if You, or Your Tenants are looking to live in a warm and inviting home environment indoors, or taking in a private moment to kick the ball, throw the frisbee, play with the dog, or even immerse yourself in the tranquility of creativity by taking time to paint or throw pottery in the Art Shed nestled within the confines of the secluded back yard. Then when it's time to get out for an evening on the town you or your tenants are only 3 minutes away from the vibrant culture of Downtown Provo replete with numerous restaurants to satisfy any taste and numerous activities that are sure to invigorate the mind. With all the foregoing it is easy to see that this property is amply prepared to provide memories to last a lifetime. If this is the type of environment you are looking for personally or are hoping to provide for your valued tenants then you are hereby invited to consider taking the opportunity to make this ideal residence your very own.. As far as the facts go this property has boasted a solid history of quality tenants. Main Floor Tenants have vacated due to not knowing if the Buyer would be an Investor or an Owner Occupied Buyer. However Rent rate was $1800. Basement tenant just renewed Lease on a Month-to-Month Basis at $1,000.00 a month and would like to secured a long term lease if the new owner will allow, but the month-to-month arrangement ensures that if having a basement tenant is not needed/wanted, notice can be given and tenant would be moved out likely by close of escrow. This property has been pre-inspected by one of the very best Home Inspectors in the entire State of Utah to ensure that this property is in excellent condition, free of any surprises, which report will gladly be shared with any valid accepted offer with a desire to help any ready willing and able buyer make a more informed decision in the purchasing process. What is more, the roof has recently been replaced, and the owner has continued to invest in considerable improvements in the property which are detailed in the supplementary paperwork. Main level is vacant. Kindly provide 24 hour notice prior to any showing requests for the basement. However, don't let that stop you from reaching out to arrange an easy, convenient and private showing today. All information herein is deemed reliable but is not guaranteed. Buyer is therefore responsible to verify all listing information, including square footage/acreage, to Buyer's own satisfaction.
  1. Listed by Jordyn Archer • Brokerage DRE #9786611 • Berkshire Hathaway HomeServices Elite Real Estate
    P: (801)-509-9000 C: (801)-645-5000 Jordyn@UtahEliteRealEstate.com

Property Details for 245 South 500 East

Zoning
Single-Family
Has Waterfront
No
Architectural Style
Rambler/Ranch
View
Mountain(s)
Has View
Yes
Senior Community
No
LISTING UPDATED: 06/18/2026 04:50 PM

Property Details for 245 South 500 East

StatusUnder Contract
MLS #2125688
Days on Market195
Taxes$2,487 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1924
Lot Size0.19 AC / 8,276 SF
CountyUtah County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Elite Real Estate
Add your commute

Building Information for 245 South 500 East

Stories2Year Built1924Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

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$2,425 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,217

Property Taxes

$207

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 245 South 500 East

Summary
Location and General Information
  • Cross Street: 500
  • County Or Parish: Utah
  • MLS Area Major: Provo; Mamth; Springville
Taxes and HOA
  • Tax Annual Amount: $2,487.00
  • Parcel Number: 05-052-0027
  • Association: No
School Information
  • Elementary School: Provo Peaks
  • Elementary School District: Provo
  • High School: Provo
  • High School District: Provo
  • Middle Or Junior School: Centennial
  • Middle Or Junior School District: Provo
Parking
  • Carport Spaces: 1.0
  • Covered Spaces: 1.0
  • Parking Total: 3.0
  • Open Parking Spaces: 2.0
  • RV Parking Dimensions: 0.00
  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Open Parking: No
  • Parking Features: Covered, Rv Parking
Property
Lot Information
  • Lot Size Acres: 0.19
  • Lot Size Square Feet: 8276.4
  • Lot Size Area: 0.19
  • Frontage Length: 0.0
  • Lot Size Dimensions: 0.0x0.0x0.0
  • Topography: Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Manual-Part, Terrain, Flat, View: Mountain
  • Lot Size Units: Acres
  • Lot Features: Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Manual-Part, View: Mountain
Property and Assessments
  • Living Area: 1840.0
  • Building Area Total: 1840.0
  • Year Built: 1924
  • Year Built Effective: 1999
  • New Construction: No
  • Living Area Units: Square Feet
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Property Condition: Blt./Standing
  • Current Use: Single Family
  • Const Status: Blt./Standing
  • Above Grade Finished Area: 1152.0
Building Features
  • Property Attached: No
Farm Information
  • Horse: No
  • Vegetation: Fruit Trees, Landscaping: Full, Vegetable Garden
Utilities
  • Sewer: Sewer: Connected, Sewer: Public
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
  • Water Source: Culinary
Interior and Exterior Features
Exterior Features
  • Has Private Pool: No
  • Exterior Features: Basement Entrance, Patio: Covered
  • Patio And Porch Features: Covered
  • Roof: Asphalt
Interior Features
  • Stories: 2
  • Total Rooms: 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Fireplaces: 1
  • Has Cooling: Yes
  • Has Fireplace: Yes
  • Has Heating: Yes
  • Has Spa: No
  • Basement: Partial
  • Cooling: Central Air
  • Heating: Forced Air
  • Interior Features: Kitchen: Second, Mother-in-Law Apt., Range/Oven: Free Stdng.
  • Window Features: Drapes, Part
  • Primary Bedroom Level: Floor: 1st
Rental
Rent Information
  • Lease Considered: No
  • Short Term Rental: No

Property History for 245 South 500 East

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Contract Signed

Utah Real Estate (RESO) #2125688

—
May 5, 2026

Price Change

Utah Real Estate (RESO) #2125688

$445,000—
Nov 28, 2025

Listed (Active)

Utah Real Estate (RESO) #2125688

$515,000—
DateEvent & SourcePrice
06/18/2026

Contract Signed

Utah Real Estate (RESO) #2125688

—
05/05/2026

Price Change

Utah Real Estate (RESO) #2125688

$445,000
11/28/2025

Listed (Active)

Utah Real Estate (RESO) #2125688

$515,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 245 South 500 East

Taxable ValueLand$123,100Additions$181,400Total$304,500
Tax Record2021$1,784 ($149 / month)
Home Facts
Beds2Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,152 SqFtFinished Basement SqFt688 SqFtStories1Lot Size8,581 SqFtStyleSingle Family ResidenceYear Built1924CountyUTAHAPN05-052-0027Fireplace TypeHas Fireplace

Schools near 245 South 500 East

This home is within Provo District.
Rating
School
Type
Grades
Distance
Provo Peaks School
Public - PK to 6
Centennial Middle School
Public - 7 to 8
Timpview High School
Public - 9 to 12
East Bay Post High School
Public - 7 to 12
Rating
School
Distance
Provo Peaks School
PublicPK to 6

Centennial Middle School
Public7 to 8

Timpview High School
Public9 to 12

East Bay Post High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Elite Real Estate

Based on information from UtahRealEstate.com as of 06/18/2026 04:50 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information