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For sale
  • Price cut: $25.1K (6/1)
    $299,900

    502 S 1040th St E #138, American Fork, UT 84003

    2beds
    1,057sqft
    : 
    $2,205/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $299,800 Zestimate®
    $284/sqft
    $397/mo HOA

    What's special

    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.
    43 days
    |
    115
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Susy Clyde 801-836-2172,

    KW WESTFIELD

    Source: UtahRealEstate.com,MLS#: 2160825MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Partial bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Master Bathroom, Updated Kitchen
      Primary bedroom
      • Level: First
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Microwave, Washer, Disposal, Free-Standing Range
      Features
      • Granite Counters
      • Flooring: Carpet, Tile
      • Windows: Plantation Shutters, Bay Window(s), Double Pane Windows
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,057
      • Total interior livable area: 1,057 sqft
      • Finished area above ground: 1,057

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered
      • Carport spaces: 1
      Accessibility
      • Accessibility features: Accessible Elevator Installed, Grip-Accessible Features, Ground Level, Accessible Entrance, Single Level Living
      Features
      • Stories: 1
      • Entry location: Main Level,Ground Level
      • Exterior features: Lighting
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Indoor, Association
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 871 Square Feet
      • Topography: Terrain
      • Residential vegetation: Landscaping: Full, Mature Trees
      Details
      • Parcel number: 467360138
      • Zoning description: Single-Family

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Asphalt, Stone, Stucco
      • Roof: Asphalt
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 2007
      • Major remodel year: 2007

      Utilities & green energy

      • Water: Culinary
      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Clubhouse, Sidewalks
      • Subdivision: Mt Timp Village
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Fitness Center, Insurance, Maintenance, Pool, Sewer Paid, Spa/Hot Tub, Trash, Water
      • Services included: Cable TV, Insurance, Maintenance Grounds, Sewer, Trash, Water
      • HOA fee: $397 monthly
      • HOA name: Advantage management
      • HOA phone: 801-235-7368
      Location
      • Region: American Fork

      Financial & listing details

      • Price per square foot: $284/sqft
      • Tax assessed value: $265,900
      • Annual tax amount: $1,277
      • Date on market: 5/27/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dryer, Microwave, Washer
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $299,800

        $285,000 - $315,000

        $1,514/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$299,900$284/sqft
        Source: UtahRealEstate.com #2160825 Report a problem
        6/17/2026Pending sale$299,900$284/sqft
        Source: UtahRealEstate.com #2160825 Report a problem
        6/1/2026Price change$299,900-7.7%$284/sqft
        Source: UtahRealEstate.com #2160825 Report a problem
        5/27/2026Price change$325,000+8.7%$307/sqft
        Source: UtahRealEstate.com #2160825 Report a problem
        12/27/2024Price change$299,000-6.5%$283/sqft
        Source: UtahRealEstate.com #2018758 Report a problem
        11/5/2024Price change$319,900-1.3%$303/sqft
        Source: UtahRealEstate.com #2018758 Report a problem
        11/2/2024Price change$324,000-0.3%$307/sqft
        Source: UtahRealEstate.com #2018758 Report a problem
        8/21/2024Price change$324,900+10.1%$307/sqft
        Source: UtahRealEstate.com #2018758 Report a problem
        11/8/2022Pending sale$295,000$279/sqft
        Source: UtahRealEstate.com #1839963 Report a problem
        9/30/2022Price change$295,000-4.8%$279/sqft
        Source: UtahRealEstate.com #1839963 Report a problem
        9/7/2022Listed for sale$310,000$293/sqft
        Source: UtahRealEstate.com #1839963 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,278 -0.7%$265,900 +2.3%
        2024$1,286 +8.6%$259,800 +2.4%
        2023$1,185 +6.5%$253,700 +7.9%
        2022$1,112 +3.9%$235,100 +120%
        2021$1,070 +8.9%$106,865 -38.2%
        2020$982 +8.6%$173,000 +91%
        2019$904 +24.6%$90,585 -36.2%
        2018$726 -7.1%$142,000 +108.2%
        2017$781 $68,200
        2016$781 -5.1%$68,200
        2015$823 +16.5%$68,200 +18.1%
        2014$706 $57,750 -2.3%
        2013-- $59,125 +2.4%
        2012-- $57,750 -30.2%
        2009-- $82,775 -15.9%
        2008-- $98,450
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 84003

        Getting around

        42 / 100
        Car-Dependent
        30 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Barratt
        • Middle: American Fork
        • High: American Fork
        • District: Alpine

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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