**Seller Paid 2/1 Buydown Available ** Save up to $416/month in your first year with a 2/1 interest rate buydown paid by the seller. Huge savings to help make the big move more manageable -Call the listing agent with any questions. This beautifully completely upgraded bungalow, sits on a spacious .18-acre lot and offers excellent versatility for families or investors. The main level features a thoughtfully renovated layout with modern finishes. The fully finished walk-out basement includes a second kitchen, making it perfect as a private mother-in-law suite or a separate rental unit. Whether you're housing extended family or generating income by renting the basement (or the entire home top and bottom), this property delivers strong potential. Additional highlights include a 1-car garage with a workshop on the backside of the garage and a generous yard ideal for outdoor living or gardening. Turn-key and ready to move in, this charming bungalow is a fantastic opportunity for comfortable living with investment upside in a desirable Richfield location. Don't miss out!
For sale
Price cut: $5K (7/6)
$334,900
56 S 500 E, Richfield, UT 84701
5beds
2,160sqft
Single Family Residence
Built in 1943
7,840 Square Feet Lot
$329,900 Zestimate®
$155/sqft
$-- HOA
What's special
Charming bungalowCompletely upgraded bungalowSecond kitchenFully finished walk-out basement
- 76 days |
- 835 |
- 49 |
Zillow last checked:
Listing updated:
Listed by:
Adam Allred 801-819-6200,
Century 21 Everest,
Brady Boren 801-580-9509,
Century 21 Everest
Source: UtahRealEstate.com,MLS#: 2152252
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Heating
- Gas Radiant
Cooling
- Natural Ventilation
Appliances
- Included: Microwave, Disposal, Free-Standing Range
Features
- In-Law Floorplan
- Flooring: Carpet, Tile
- Windows: None
- Basement: Full,Walk-Out Access,Basement Entrance
- Number of fireplaces: 1
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
- Finished area above ground: 1,346
- Finished area below ground: 814
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Stories: 3
- Patio & porch: Porch, Open Porch
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7,840 Square Feet
- Features: Curb & Gutter
- Residential vegetation: Mature Trees
Details
- Parcel number: 1352
- Zoning description: Single-Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1943
Utilities & green energy
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $217,193
- Annual tax amount: $1,118
- Date on market: 4/21/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Microwave, Range
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$329,900
$313,000 - $346,000
$1,776/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $334,900-1.5%$155/sqft |
Source:  UtahRealEstate.com #2152252 Report a problem | ||
| 6/15/2026 | Price change | $339,900-2.9%$157/sqft |
Source: UtahRealEstate.com #2152252 Report a problem | ||
| 6/2/2026 | Price change | $349,9990%$162/sqft |
Source: UtahRealEstate.com #2152252 Report a problem | ||
| 4/21/2026 | Listed for sale | $350,000$162/sqft |
Source: UtahRealEstate.com #2152252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,182 -12.3% | $119,456 -11.3% |
| 2023 | $1,347 +13% | $134,716 +23.8% |
| 2022 | $1,192 +8.5% | $108,823 +28.9% |
| 2021 | $1,098 +28% | $84,401 +24.4% |
| 2020 | $858 -0.1% | $67,869 +11.5% |
| 2019 | $859 +6.7% | $60,890 +11.8% |
| 2018 | $805 +4.8% | $54,470 +7.9% |
| 2017 | $769 +3% | $50,460 |
| 2016 | $746 +19.9% | $50,460 +3.8% |
| 2015 | $622 | $48,590 +4.9% |
| 2014 | $622 | $46,300 |
| 2013 | -- | $46,300 +3% |
| 2012 | -- | $44,930 -15.1% |
| 2011 | -- | $52,930 -10.9% |
| 2010 | -- | $59,380 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 84701
Nearby schools
GreatSchools rating
- NAAshman SchoolGrades: K-2Distance: 0.6 mi
- 5/10Red Hills Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Richfield High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Ashman
- Middle: Red Hills
- High: Richfield
- District: Sevier
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Utah
- Sevier County
- Richfield
- 84701
- 56 S 500 E
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