- Price cut 2%
432 E 500 N, Salem, UT 84653
$250,000
Originally listed at $256,000
Est. $1,537/mo
- Lot sq ft
- 9,148
- Type
- Residential
- Days listed
- 32
About this home
Rare Build-Ready Lot #12 in Timber Ranch - NO HOA! Don't miss one of the final opportunities to build in the desirable Timber Ranch subdivision in Salem! Lot #12 (432 E 500 N) is shovel-ready, packed with location perks, and ready for your custom home design. Property Highlights: No HOA: Enjoy total freedom with your property without monthly HOA fees or restrictive rules. Built-In Privacy: Bordered by a dedicated catchment pond on one side, giving you extra elbow room and no immediate adjacent neighbor on your side yard. Shovel-Ready: Fully stubbed for all public utilities-saving you thousands in development hassle and upfront costs. Unbeatable Convenience: Located just about a block away from a beautiful neighborhood park featuring a playground, walking paths, and scenic pond! Plus, enjoy everyday convenience with local grocery stores under 3 minutes away. Licensed GC Owner: Bring your own custom plans and preferred builder! As a licensed Utah General Contractor, the seller is happy to offer complimentary advice or local guidance along the way if you ever want a second opinion-completely optional. Bring your own builder and custom design, or reach out today for lot details!
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 Chelsea Layne Baker
Intermountain Properties
MLS #2182286
Your message goes only to Juston.
Schools
Nebo- Salem
Elementary
- Salem Jr
Middle School
- Salem Hills
High School
Home details
Property
- Type
- Land
- Style
- Residential
- Stories
- 0
- Condition
- Blt./Standing
- Subdivision
- TIMBER RANCH
- County
- Utah
- MLS #
- 2182286
Costs
- List price
- $250,000
- Original price
- $256,000
- Annual taxes
- $2,126
- Home warranty
- No
Lot and parking
- Lot
- 9,148 sqft
- Lot features
- Corner Lot,Cul-De-Sac,Curb & Gutter,Sidewalks,View: Mountain
- Covered spaces
- 0
- Total parking
- 0
All home details36 details
Property Info
- Property Type
- Land
- Property Style
- Residential
- Condition
- Blt./Standing
- MLS #
- 2182286
- County
- Utah
- Subdivision
- TIMBER RANCH
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Lot Size (Acres)
- 0.21
- Lot Size
- 9,147.6 sq ft
Financial
- List Price
- $250,000
- Original Price
- $256,000
- HOA
- No
- Annual Taxes
- $2,126
- Home Warranty
- No
Lot & Land
- Lot Features
- Corner Lot,Cul-De-Sac,Curb & Gutter,Sidewalks,View: Mountain
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Utilities
- Gas: Stubbed,Power: Stubbed,Sewer: Stubbed
Schools
- Elementary
- Salem
- Middle School
- Salem Jr
- High School
- Salem Hills
- Elementary District
- Nebo
Timeline
- Listed
- Aug 31, 2026
- Days on Market
- 32
- Status
- Active
Media
- Property Website
- Visit website
Salem market
Explore SalemSalem median
$439,900
This home: 43% below
Days to sell
53
Utah: 70
Homes for sale
186
Price range
$299k – $2.46M
Sale to list
100%
Market
Balanced market
SafetyVery Safe · 15.3 incidents per 1,000 residents · 67% below the Utah average
Safety rating 8.3 out of 10.
Violent
2.9
per 1,000 · national 3.6
Property
7.6
per 1,000 · national 17.6
vs Utah
−67%
46.4 per 1,000 statewide
vs Utah
−51%
30.8 per 1,000 countywide
Society
4.7
per 1,000
Population 11,213 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Common questions
About 432 E 500 N, Salem, UtahWhat is the asking price for 432 E 500 N, Salem?
432 E 500 N, Salem is listed at $250,000. The original list price was $256,000, representing a reduction of $6,000. This listing is currently active and available for showings.
How long has 432 E 500 N, Salem been on the market?
This property has been listed for 32 days. The average days on market in Salem is 53 days, meaning this listing is moving faster than the local average.
What schools serve 432 E 500 N, Salem?
Assigned schools: Elementary: Salem; Middle: Salem Jr; High: Salem Hills. School district: Nebo.
How does this listing compare to the Salem market?
432 E 500 N, Salem is listed at $250,000, which is below the Salem median of $439,900 by $189,900. There are currently 186 active listings in Salem. Homes in Salem sell in an average of 53 days. The average sale-to-list ratio is 99.9%.
What would homeowner's insurance cost for 432 E 500 N, Salem?
Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $250,000, expect approximately $750-$1,250/year ($63-$104/month). Get multiple quotes — rates vary significantly by insurer.
Could 432 E 500 N, Salem be a 1031 exchange property?
Yes, 432 E 500 N, Salem could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.
All 8 questions
What type of property is 432 E 500 N, Salem?
432 E 500 N, Salem is a Land (Residential). It is located in the TIMBER RANCH subdivision.
What high school is near 432 E 500 N, Salem?
The nearest high school is Salem Hills. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.
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