- Motivated Seller
- Price cut 11%
502 S 1040 E #138, American Fork, UT 84003
$289,900
Originally listed at $325,000
Est. $2,147/mo
- Beds
- 2
- Baths
- 2
- Sq ft
- 1,057
- Built
- 2007
Why this home stands out
- Priced 6% below AVM estimate
- 11% price reduction from original list
- 130.0 days on market — potential negotiation opportunity
About this home
Don't miss this one. Priced below what it appraised for. Are you looking for a place you can lock and leave while you travel, or an easy 55+ home that's simple to manage? This is the one. Welcome to this beautifully updated 2-bedroom, 1-bath condo in a highly desirable 55+ community in the heart of American Fork. This is truly one of the nicest units in the community, with a thoughtfully updated kitchen and bathrooms featuring beautiful finishes throughout. The layout is comfortable and functional with spacious bedrooms and easy main-level living, perfect for low-maintenance living. Enjoy access to a clubhouse, indoor pool, exercise room, library, and inviting common areas to gather and connect. Located close to shopping, dining, and everyday conveniences, this community offers a great balance of ease and accessibility.
Features
- Pool
- Spa / hot tub
- Bath: Primary
- Disposal
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Granite Countertops
- Bay Box Windows
- Double Pane Windows
- Lighting
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Susy Clyde
KW WESTFIELD
MLS #2160825
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Alpine- Barratt
Elementary
- American Fork
Middle School
- American Fork
High School
- Greenwood School
K-8 School · 1.4 mi
56% proficient - Manila School
K-8 School · 1.6 mi
56% proficient - Deerfield School
K-8 School · 2.9 mi
58% proficient
Nearby
Recreation
66 / 100- Local Park · Bamberger Park2297 ft
- Boat Ramp · American Fork Boat Harbor2.1 mi
- Golf Course · Fox Hollow Golf Course2.6 mi
- Trailhead · Canyon Road2.6 mi
Show 5 more
- Hot Springs · Saratoga Hot Springs (Inlet Park)5.7 mi
- State Park · Flight Park State Recreation Area9.1 mi
- Ski Resort · Sundance Resort9.8 mi
- Lake · Utah Lake10 mi
- Fishing · Provo River11 mi
Everyday needs
82 / 100- School · Athenian eAcademy1280 ft
- Pharmacy · CVS Pharmacy0.8 mi
- Restaurant · Chipotle0.9 mi
- Grocery · Jalisco's Market0.9 mi
Show 9 more
- Hospital · Tomorrow's Health0.9 mi
- Bank · Mountain America Credit Union1.1 mi
- Cafe · 7-Eleven1.2 mi
- Fire Station · American Fork Ambulance1.4 mi
- Gas Station · Chevron1.8 mi
- EV Charging · Doug Smith Mitsubishi2.0 mi
- Park · Bowrey Park2.3 mi
- Gym · Shoot 360 Lehi3.2 mi
- Doctors · Jim MacDonald, MD | Dermatology3.2 mi
Internet
Excellent · fiber · 100/100Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
SenaWave
Fiber · 2.5 Gbps
Quantum Fiber
Fiber · 2 Gbps
All 14 providers
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- SenaWaveFiber2.5 Gbps2.5 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps250 Mbps
- CentraComFiber1 Gbps1 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- Utah BroadbandFixed Wireless1 Gbps1 Gbps
- VerizonFixed Wireless300 Mbps20 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL100 Mbps10 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- SenaWaveFixed Wireless30 Mbps15 Mbps
- AT&TFixed Wireless25 Mbps3 Mbps
- Rise BroadbandFixed Wireless25 Mbps5 Mbps
Home details
Property
- Type
- Residential
- Style
- Condominium
- Architectural style
- Condo; Main Level
- Year built
- 2007
- Stories
- 1
- Above grade area
- 1,057 sq ft
- Condition
- Blt./Standing
- Construction
- Asphalt,Stone,Stucco
- Subdivision
- MT TIMP VILLAGE
- County
- Utah
- Zoning
- Single-Family
- MLS #
- 2160825
Costs
- List price
- $289,900
- Original price
- $325,000
- HOA
- $397 / Monthly
- Annual taxes
- $1,277
- Home warranty
- No
Lot and parking
- Lot
- 871 sqft
- Lot features
- Road: Paved,Sidewalks,View: Mountain
- Covered spaces
- 1
- Total parking
- 1
Systems
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Asphalt
- Flooring
- Carpet,Tile
- Basement
- None
- Appliances
- Dryer,Microwave,Washer
- Water
- Culinary
- Sewer
- Sewer: Connected
- View
- Mountain(s)
All home details58 details
Property Info
- Property Type
- Residential
- Property Style
- Condominium
- Architectural Style
- Condo; Main Level
- Condition
- Blt./Standing
- MLS #
- 2160825
- County
- Utah
- Subdivision
- MT TIMP VILLAGE
- Year Built
- 2007
- New Construction
- No
- Stories
- 1
- Total Rooms
- 7
- Living Area
- 1,057 sq ft
- Above Grade Area
- 1,057 sq ft
- Lot Size (Acres)
- 0.02
- Lot Size
- 871.2 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 2
- Total Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
Financial
- List Price
- $289,900
- Original Price
- $325,000
- HOA Fees
- $397
- HOA Frequency
- Monthly
- HOA
- Yes
- Annual Taxes
- $1,277
- Home Warranty
- No
Structure
- Construction
- Asphalt,Stone,Stucco
- Basement
- None
- Roof
- Asphalt
- Flooring
- Carpet,Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dryer,Microwave,Washer
Lot & Land
- Lot Features
- Road: Paved,Sidewalks,View: Mountain
- Topography
- Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- Yes
- Covered Spaces
- 1
- Total Parking
- 1
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- Yes
- Spa/Hot Tub
- Yes
- Inclusions
- Dryer, Microwave, Washer
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Barratt
- Middle School
- American Fork
- High School
- American Fork
- Elementary District
- Alpine
Timeline
- Listed
- May 27, 2026
- Days on Market
- 111
- Status
- Active
American Fork market
Explore American ForkAmerican Fork median
$479,990
This home: 40% below
Days to sell
55
Utah: 70
Homes for sale
118
Price range
$195k – $4.5M
Sale to list
99%
Market
Seller's market
SafetyModerate · 43.3 incidents per 1,000 residents · 7% below the Utah average
Safety rating 5.1 out of 10.
Violent
7.3
per 1,000 · national 3.6
Property
21.9
per 1,000 · national 17.6
vs Utah
−7%
46.4 per 1,000 statewide
vs Utah
+41%
30.8 per 1,000 countywide
Society
14.1
per 1,000
Population 50,121 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
MT TIMP VILLAGE502 S 1040 E #138, American Fork, UT 84003
Open in map searchCommon questions
About 502 S 1040 E #138, American Fork, UtahWhat is the asking price for 502 S 1040 E #138, American Fork?
502 S 1040 E #138, American Fork is listed at $289,900 ($274/sqft). The original list price was $325,000, representing a reduction of $35,100. This listing is currently active and available for showings.
Is 502 S 1040 E #138, American Fork a good deal?
Propaired's AI deal analysis classifies this property as a "Motivated Seller" with a deal score of 83/100. Key deal signals: Priced 6% below AVM estimate; 11% price reduction from original list; 130.0 days on market — potential negotiation opportunity. The price is 4% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 502 S 1040 E #138, American Fork a good investment property?
Based on market rental data, this property has an estimated annual rent of $18,537 with a gross rental yield of 6.4%. Net rental yield (after estimated expenses): 4.2%. Estimated debt service coverage ratio (DSCR): 0.87. Investor score: 47/100. These are estimates based on area comparables.
What lifestyle features does 502 S 1040 E #138, American Fork offer?
Propaired's AI has identified 2 lifestyle features for this property: Pool, Hot Tub & Spa. The primary lifestyle niche is "hot_tub_spa." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 502 S 1040 E #138, American Fork?
This property has a recreation score of 66/100. Nearby recreation includes: Canyon Road trailhead (2.6 mi); Bamberger Park park (0.4 mi); Fox Hollow Golf Course (2.6 mi); Flight Park State Recreation Area (9.1 mi). Skiing: Sundance Resort (9.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 502 S 1040 E #138, American Fork?
This property has an amenity proximity score of 82/100. Nearby services include: Grocery: Jalisco's Market (0.9 mi); Hospital: Tomorrow's Health (0.9 mi); Pharmacy: CVS Pharmacy (0.8 mi); Dining: Chipotle (0.9 mi). Gas station: 1.8 miles. Gym: Shoot 360 Lehi (3.2 mi).
All 8 questions
What schools serve 502 S 1040 E #138, American Fork?
Assigned schools: Elementary: Barratt; Middle: American Fork; High: American Fork. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Deerfield School with a 58% state performance score (2.9 miles away). School district: Alpine.
What is the internet speed at 502 S 1040 E #138, American Fork?
This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (25 Mbps, Fixed Wireless); CentraCom (2000 Mbps, Fiber); CentraCom (1000 Mbps, Fiber). Total providers: 14.
Similar Homes
$379,999
was $384,9992 bd · 2 ba · 1,372 sqft
22 S 700 E #1, American Fork, UT 84003
Est. $2,542/mo
$194,500
21 days on market1 bd · 1 ba · 706 sqft
502 S 1040 E #D147, American Fork, UT 84003
Est. $1,491/mo
$240,000
was $259,0002 bd · 1 ba · 784 sqft
438 E 400 S, American Fork, UT 84003
Est. $1,734/mo
$299,900
7 days on market3 bd · 2 ba · 1,239 sqft
497 S 2220 W #103, Pleasant Grove, UT 84062
Est. $2,065/mo
$335,000
was $350,0003 bd · 2 ba · 1,320 sqft
92 S 920 E, American Fork, UT 84003
Est. $2,267/mo
Find your next home
Save homes, see what they are worth and what they could rent for, and work with a local agent.