- AVM Upside
- Price cut 5%
40 E 400 N, Salem, UT 84653
$499,000
Originally listed at $525,000
Est. $2,954/mo
- Beds
- 5
- Baths
- 3
- Sq ft
- 1,700
- Built
- 1980
Why this home stands out
- Priced 6% below AVM estimate
- 3.5% year-over-year market appreciation
- 5% price reduction from original list
- 126% STR gross rent coverage of monthly ownership cost
About this home
***Be sure to explore the 3D tour and video by clicking the tour button*** A little something special in the heart of Salem: Some homes simply feel loved, and this is one of them. Thoughtfully cared for and beautifully enhanced by the current owners, this inviting Salem home features meaningful upgrades, carefully crafted finishes, and details that reflect the time, creativity, and pride poured into making it special. One of the home's standout features is the peaceful, backyard with mature landscaping, where you can enjoy family gatherings, summer evenings, and time with friends without backyard neighbors lurking over the fence like Wilson from 'Home Improvement'. It's a welcome sense of privacy and seclusion that's hard to find in such a convenient location. Add in beautiful mountain views to the north, across the street, also no neighbors, and you have a setting that feels like a retreat while keeping you close to everything. Location is another big win. Situated near the heart of downtown Salem, the home offers convenient access to nearby shopping, dining, and everyday amenities, with two schools within a block. And when it's time to commute, I-15 is just about five minutes away. If you're looking for a home with character, thoughtful improvements, a backyard made for making memories, and a location that keeps life convenient, this Salem gem deserves a closer look.
Features
- Fireplace
- Disposal
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Smart Thermostat(s)
- Double Pane Windows
- Out Buildings
- Lighting
- Patio: Covered
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 Brian Parrish
Bybee & Co Realty, LLC
MLS #2190785
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
Nebo- Salem
Elementary · 0.6 mi
63% proficient - Salem Jr
Middle School
- Salem Hills
High School · 0.6 mi
63% proficient - Salem Hills High
High School · 0.6 mi
63% proficient - American Preparatory Academy - Salem
K-8 School · 1.9 mi
59% proficient
Nearby
Recreation
56 / 100- Local Park · Downtown Ball Field2625 ft
- Airport · Spanish Fork Airport1.7 mi
- Golf Course · Gladstan Golf Course3.5 mi
- Boat Ramp · Swedes Lane8.3 mi
Show 3 more
- Lake · Utah Lake12 mi
- State Park · Utah Lake State Park13 mi
- Ski Resort · Sundance Resort22 mi
Everyday needs
76 / 100- Park · Salem Loafer Football Field2526 ft
- School · Foothills School0.6 mi
- Fire Station · Salem Fire Department0.7 mi
- Gas Station · Exxon1.4 mi
Show 7 more
- Cafe · The Coffee Stop in Salem1.4 mi
- Grocery · Dollar General4.5 mi
- Bank · LendNation4.7 mi
- Pharmacy · Macey's Spanish Fork4.7 mi
- Gym · HOTWORX - Spanish Fork, UT4.7 mi
- Hospital · University Place4.8 mi
- EV Charging · Electrify America Charging Station4.8 mi
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Stories: 2
- Year built
- 1980
- Stories
- 2
- Above grade area
- 1,700 sq ft
- Condition
- Blt./Standing
- Construction
- Brick
- County
- Utah
- Zoning
- Single-Family
- MLS #
- 2190785
Costs
- List price
- $499,000
- Original price
- $525,000
- Annual taxes
- $1,500
- Home warranty
- No
Lot and parking
- Lot
- 7,405 sqft
- Lot features
- Fenced: Full,Secluded,Sprinkler: Auto-Full,View: Mountain,Private
- Garage
- 2 cars
- Covered spaces
- 2
- Total parking
- 5
Systems
- Heating
- Gas: Central
- Cooling
- Central Air
- Roof
- Metal,Pitched
- Flooring
- Carpet,Laminate
- Basement
- None
- Appliances
- Ceiling Fan,Range Hood
- Patio and porch
- Covered
- Water
- Irrigation: Pressure
- Sewer
- Sewer: Public
- View
- Mountain(s)
All home details60 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Stories: 2
- Condition
- Blt./Standing
- MLS #
- 2190785
- County
- Utah
- Year Built
- 1980
- New Construction
- No
- Stories
- 2
- Total Rooms
- 14
- Living Area
- 1,700 sq ft
- Above Grade Area
- 1,700 sq ft
- Lot Size (Acres)
- 0.17
- Lot Size
- 7,405.2 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 5
- Total Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
Financial
- List Price
- $499,000
- Original Price
- $525,000
- HOA
- No
- Annual Taxes
- $1,500
- Home Warranty
- No
Structure
- Construction
- Brick
- Basement
- None
- Roof
- Metal,Pitched
- Flooring
- Carpet,Laminate
- Heating
- Gas: Central
- Cooling
- Central Air
- Appliances
- Ceiling Fan,Range Hood
- Patio & Porch
- Covered
Lot & Land
- Lot Features
- Fenced: Full,Secluded,Sprinkler: Auto-Full,View: Mountain,Private
- Topography
- Fenced: Full, Secluded Yard, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Private
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 2
- Carport
- No
- Covered Spaces
- 2
- Open Parking
- 3
- Total Parking
- 5
- ADU
- No
Amenities
- Fireplace
- Yes
- Fireplaces
- 1
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Ceiling Fan, Dog Run, Range, Range Hood, Storage Shed(s), Window Coverings, Smart Thermostat(s)
Utilities
- Water Source
- Irrigation: Pressure
- Sewer
- Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Salem
- Middle School
- Salem Jr
- High School
- Salem Hills
- Elementary District
- Nebo
Timeline
- Listed
- Oct 12, 2026
- Days on Market
- 21
- Status
- Active
Media
- 3D Tour
- View 3D tour
Salem market
Explore SalemSalem median
$439,900
This home: 13% above
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.
Location
40 E 400 N, Salem, UT 84653
Open in map searchCommon questions
About 40 E 400 N, Salem, UtahWhat is the asking price for 40 E 400 N, Salem?
40 E 400 N, Salem is listed at $499,000 ($294/sqft). The original list price was $525,000, representing a reduction of $26,000. This listing is currently active and available for showings.
Is 40 E 400 N, Salem a good deal?
Propaired's AI deal analysis classifies this property as a "AVM Upside" with a deal score of 65/100. Key deal signals: Priced 6% below AVM estimate; 3.5% year-over-year market appreciation; 5% price reduction from original list. 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 40 E 400 N, Salem a good investment property?
Based on market rental data, this property has an estimated annual rent of $24,216 with a gross rental yield of 4.8%. Net rental yield (after estimated expenses): 3.1%. Estimated debt service coverage ratio (DSCR): 0.66. Investor score: 57/100. These are estimates based on area comparables.
What lifestyle features does 40 E 400 N, Salem offer?
Propaired's AI has identified 3 lifestyle features for this property: Scenic Views, Privacy & Seclusion, Pet Friendly. The primary lifestyle niche is "privacy_seclusion." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 40 E 400 N, Salem?
This property has a recreation score of 56/100. Nearby recreation includes: Red Lake trailhead (7.5 mi); Downtown Ball Field park (0.5 mi); Gladstan Golf Course (3.5 mi); Utah Lake State Park (12.6 mi). Skiing: Sundance Resort (22.2 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 40 E 400 N, Salem?
This property has an amenity proximity score of 76/100. Nearby services include: Grocery: Dollar General (4.5 mi); Hospital: University Place (4.8 mi); Pharmacy: Macey's Spanish Fork (4.7 mi); Dining: Subway (7.1 mi). Gas station: 1.4 miles. Gym: HOTWORX - Spanish Fork, UT (4.7 mi).
All 8 questions
What schools serve 40 E 400 N, Salem?
Assigned schools: Elementary: Salem; Middle: Salem Jr; High: Salem Hills. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Salem Hills High with a 63% state performance score (0.6 miles away). School district: Nebo.
Is 40 E 400 N, Salem in a flood zone?
This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
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