#2076766, Sarah Ceo, Listing office: EXP Realty, LLC
$595,000 List price
663 N 550 W Orem, UT 84057
7 beds
1 full, 1 partial
2,862 sqft
0.4 acres
$208 / sqft
House
Property details
About 663 N 550 W
Cash-Flowing 7 Bed Home Near UVU Ideal Investment Opportunity This spacious 7 bed, 4 bath home sits quietly in a tucked-away cul-de-sac just minutes from UVU, making it a prime location for long- or short-term rental income. With major updates throughout, including brand new flooring, countertops, and fresh paint on the upper and middle levels, it's move-in ready and already producing cash flow. The home features three full stories, a 2-car garage plus extra parking, and a huge backyard with tons of potential. Enjoy added perks like a hot tub, hardtop gazebo, covered parking, and two storage sheds-perfect for entertaining or tenant use. Conveniently located 2 minutes from the freeway, 5 minutes from UVU, and within close reach of grocery stores, restaurants, and 3 gas stations within half a mile. Whether you're a savvy investor or looking for a multi-generational home with income potential, this property checks all the boxes.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,862 sqft
Lot size0.39 Acres
Year built1978
ParkingRv Parking
MLS #2097323
Attached garage2 spaces
ViewMountain(s)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Portable Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
- Flooring Type: Carpet, Linoleum, Tile
- Interior: Alarm: Fire, Bath: Primary, Closet: Walk-In, Den/Office, Disposal, Gas Log, Great Room, Range/Oven: Free Stdng.
- Total Bedroom Count: 7
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Rv Parking
- View: Mountain(s)
- Exterior: Double Pane Windows, Out Buildings, Lighting, Porch: Open, Storm Doors
- Architectural Style: Stories: 2
- Heating: Forced Air
- Cooling: Central Air
- List Price: $595,000
- Price/SqFt: $207
- Annual Tax Amount: $2,191
- Tax Year: 2024
- Lot: Cul-De-Sac, Curbs, Fencing, Secluded, Sidewalk
- Year Built: 1978
- Stories: 3
- Living Area: 2,862 SqFt
- Lot Size: 0.39 Acres
- MLS Number: 2097323
- MLS Name: UtahRealEstate.com
- Office Name: Unity Group Real Estate LLC
- Office Email: breana.utahrealtor@gmail.com
- Listing Agent: Breana Z. Erickson
Based on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 2:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $284,900 | $2,191 |
| 2023 | $287,980 | $2,191 |
| 2021 | $378,900 | $1,964 |
| 2020 | $345,200 | $1,736 |
| 2019 | $188,265 | $- |
| 2017 | $147,620 | $- |
History based on county public records data.
Nearby schools
4
Parkside Elementary School
Public District KG-6
0.6 mi
•658 W 150 N
7
Bonneville Elementary School
Public District KG-6
0.8 mi
•1245 N 800 W
5
Windsor Elementary School
Public District KG-6
1.0 mi
•1315 N Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,603. Most Orem, UT residents have annual incomes between $35k-100k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
51%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
11%
Single, with Kids
21%
Married, No Kids
42%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
27%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 663 N 550 W
The listing price of 663 N 550 W property is $595,000.
The property 663 N 550 W is a house located in Orem, Utah, 84057.
Active Listing: 663 N 550 W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 663 N 550 W are: Parkside Elementary School (GreatSchools Rating 4/10), Bonneville Elementary School (GreatSchools Rating 7/10), Windsor Elementary School (GreatSchools Rating 5/10), Centennial Middle School (GreatSchools Rating 3/10), Dixon Middle School (GreatSchools Rating 2/10), Canyon Grove Academy (GreatSchools Rating 5/10), Orem Junior High School (GreatSchools Rating 3/10), Mountain View High School (GreatSchools Rating 3/10), Lumen Scholar Institute (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,191 (source: MLS/based on county public records data).
The property at 663 N 550 W has 7 bedrooms and 1 full and 1 half bathrooms.
The property 663 N 550 W is 2,862 SqFt (source: MLS/tax record).
The year of construction for 663 N 550 W is 1978.
This home is located at 663 N 550 W in Orem, UT and zip code 84057 in the Geneva Heights neighborhood. This 2,862 square foot home, which was built in 1978, sits on a 0.39 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $595,000.
The inventory of homes for sale in Orem, UT between May and June 2025 increased by 35.4%. The median list price of listings available in June 2025 was $529,495, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.