Originally listed at $219,900
MLS #2149848
About this home
This home for sale at 502 S 1040 E #C225 American Fork, UT 84003 has been listed at $199,700 and has been on the market for 49 days.
Full description
Price Reduction--Incredible buy!!! Welcome to the largest and most spacious one-bedroom unit in highly sought-after Timpanogos Village, Utah County's premier 55+ community. This beautifully updated condo offers comfort, convenience, and a vibrant lifestyle in a well-maintained setting. Step inside to discover a bright, open floor plan featuring 9-foot ceilings that create an airy, expansive feel throughout the main living area. The generous living room provides ample space for relaxing or entertaining, while the adjoining kitchen is equipped with granite countertops, bar seating, abundant cabinetry, and plenty of storage. Recent updates include new luxury vinyl plank (LVP) flooring, fresh paint, and updated faucets, making this home truly move-in ready. The large bedroom offers excellent space and comfort, complete with a walk-in closet and easy access to a well-appointed bathroom. Enjoy the added convenience of a private storage shed, providing extra space for your belongings. Timpanogos Village residents enjoy beautifully landscaped grounds and a wide range of amenities, including a pool, hot tub, clubhouse/party room, game room, media library, and on-site beauty salon-perfect for an active and social lifestyle. The monthly HOA fee covers cable TV, internet, water, sewer, trash, and full grounds maintenance, offering low-maintenance living and peace of mind. Don't miss this opportunity to own a spacious, updated home in one of Utah County's most desirable 55+ communities. Buyer to verify all information.
Property highlights
- Recent updates include new luxury vinyl plank (LVP) flooring, fresh paint, and updated faucets, making this home truly move-in ready. .
- Welcome to the largest and most spacious one-bedroom unit in highly sought-after Timpanogos Village, Utah County's premier 55+ community. .
- This beautifully updated condo offers comfort, convenience, and a vibrant lifestyle in a well-maintained setting. .
- Step inside to discover a bright, open floor plan featuring 9-foot ceilings that create an airy, expansive feel throughout the main living area. .
- The generous living room provides ample space for relaxing or entertaining, while the adjoining kitchen is equipped with granite countertops, bar seating, abundant cabinetry, and plenty of storage. .
- The large bedroom offers excellent space and comfort, complete with a walk-in closet and easy access to a well-appointed bathroom. .
Property details
- Property Type
- Residential
- Sub-type
- Condominium
- Status
- Active
- Days on Market
- 49
- Bedrooms
- 1
- Bathrooms
- 1
- Year Built
- 2006
- Effective Year
- 2023
- Stories
- 1
- Living Area
- 930 sq ft
- Lot Size
- 0.01 acres
- Price/sqft
- $214.73
- Parking Total
- 2.00
- Pool
- Yes
- County
- Utah
- City
- American Fork
- Subdivision
- MT TIMPANOGOS VILLA
- Zoning
- Single-Family
- HOA Fee
- $376.00/mo
- Tax Annual
- $1,029
- Preferred Financing
- Cash,Conventional,FHA,VA Loan
- Parcel #
- 46-673-0225
- MLS Area
- Am Fork; Hlnd; Lehi; Saratog.
- Listed By
- Life Real Estate Utah
Inclusions
- Microwave
- Range
- Refrigerator
- Storage Shed(s)
- Window Coverings
- Smart Thermostat(s)
Interior features
- Alarm: Fire
- Closet: Walk-In
- Disposal
- Great Room
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Granite Countertops
Exterior features
- Double Pane Windows
- Entry (Foyer)
Building & construction
- Roof
- Asphalt
- Construction
- Stone,Stucco
- Flooring
- Carpet
Garage & parking
- Parking total
- 2.00
- Open parking
- 1.00
- Covered spaces
- 1.00
- RV parking
- 0.00
- Covered
- Parking: Uncovered
Pool & spa
- Heated
- Indoor
- With Spa
HOA dues include
- Cable TV
- Insurance
- Maintenance Grounds
- Sewer
- Trash
- Water
Land description
- Curb & Gutter
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Full
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
- Mountain(s)
- Blinds
- Fire Alarm
- Sewer: Connected
- Sewer: Public
- Culinary
- Storage Shed(s)
- Window Coverings
- Residential
Schools
Neighborhood
Located in MT TIMPANOGOS VILLA, American Fork.
Walk · Transit · Bike
Some errands can be accomplished on foot. Some transit available. It's convenient to use a bike for a few trips.
Price History
Mortgage calculator
Live rates from Radiant Mortgage · Utah County tax · estimate only
- Principal & interest
- Property tax
- Home insurance
- HOA fees
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Location
American Fork, UT · approximate location
Listed by: David B Petersen · Life Real Estate Utah. 801-376-4424.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of May 30, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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American Fork market context
How this property sits against recent sales in the area.
This listing: $199,700 — 62.4% below the median sale price.
American Fork market — Residential
What homes are doing.
Latest data through April 2026.
Median sale price
$531,250
-8.2% year over year
Median days on market
21
+7 days year over year
Sale-to-list ratio
99.3%
-0.1pp year over year
Homes sold last month
30
-20 year over year