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$325,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 502 S 1040 E #138
General
- Price: $325,000
- HOA FEE: $397/month
- Taxes: $1,277
- Status: Active
- Type: Condo
- Source: WFR
- MLS ID: 2160825
- Updated: Today (5/27/2026)
- Added to Site: Today
Interior
- Interior Features: Bath: Primary, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Granite Countertops
- Appliances: Dryer, Microwave, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Floor: 1st
Additional Information
- Shared Amenities: Cable TV, Fitness Center, Insurance, Maintenance, Pet Rules, Pool, Sewer Paid, Spa/Hot Tub, Trash, Water
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Indoor
- Spa: Yes
Exterior
- Exterior Features: Bay Box Windows, Double Pane Windows, Lighting
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Covered
Location
- Area: Am Fork; Hlnd; Lehi; Saratog.
- County: Utah
- Subdivision: MT TIMP VILLAGE
- Cross Streets: 1040
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Barratt
- Middle School: American Fork
- High School: American Fork
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Insurance, Maintenance Grounds, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Condo; Main Level
- Construction: Asphalt, Stone, Stucco
- Exterior Const.: Asphalt, Stone, Stucco
- Basement Desc.: None
- Roof: Asphalt
- Windows: Plantation Shutters
- Disability Access: Accessible Elevator Installed, Grip-Accessible Features, Ground Level, Accessible Entrance, Single Level Living
- Stories/Levels: 1
- Square Feet: 1,057
- Living Area: 1,057 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2007
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871.2
- Lot Size: .02
- Landscape: Landscaping: Full, Mature Trees
- Topography: Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
- Lot Features: Road: Paved, Sidewalks, View: Mountain
- Trees/Vegetation: Landscaping: Full, Mature Trees
Financial Considerations
- Association Fee: $397
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,277
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Inclusions: Dryer, Microwave, Washer
- Property ID: 46-736-0138
Listed by Kw Westfield
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Price & Sales History for 502 S 1040 E #138
Date
Details
Price
Change
Source
5/27/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 S 1040 E #138
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,278
-1%
$265,900
86%
2024
$1,286
9%
$142,890
2%
2023
$1,185
11%
$139,535
-28%
2021
$1,070
-4%
$194,300
50%
2022
$1,112
4%
$129,305
-25%
2021
$1,070
18%
$173,000
91%
2019
$904
11%
$90,585
16%
2018
$815
12%
$78,100
15%
2017
$726
-7%
$68,200
—
2016
$781
-5%
$68,200
—
2015
$823
8%
$68,200
18%
2013
$761
—
$57,750
-2%
2013
$761
—
$59,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 S 1040 E #138
502 S 1040 E #138, American Fork, UT 84003 (MLS# 2160825) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 502 S 1040 E #138 is currently listed for $325,000 and was received on May 27, 2026. Want to learn more about 502 S 1040 E #138? Do you have questions about finding other Condo real estate for sale in American Fork? You can browse all American Fork real estate or contact a Coldwell Banker agent to request more information.

