56 S 500 E, Richfield, UT 84701
Sevier County
Key Facts
Description
**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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow/Cottage
Year Built
1943
Stories
3
Living Area
2,160 sq ft
Lot Size
0.18 acres
Lot Dimensions
0.0x0.0x0.0
Garage Spaces
1
Parking Spaces
2
Ownership
Agent Owned
Zoning
Single-Family
Days on Market
76
MLS® Listing#
2152252
Property Features
Interior
Appliances
Heating
Flooring
Basement
Patio
Fencing
Construction
Roof
Utilities
Schools
- Elementary:
- Ashman
- Middle:
- Red Hills
- High:
- Richfield
Financial Details
HOA
None
Annual Taxes
$1,118
Parcel Number
1-35-2
Affordability Calculator
$66,980
Estimated monthly payment
$1,782/mo
Principal $267,920 · Est. interest $373,772 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richfield, UT
- $380,769
- Median Listing Price
- 66
- Median Days on Market
- 2,199
- Median Sq Ft
- $203
- Median Price / Sq Ft
- 49
- Active Listings
- This home’s price is 12% below the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richfield, UT.
Location
Points of Interest in Richfield, UT
Showing the Richfield area map.
Nearby Schools
Sevier County Early Head Start
School · 0.5 mi away
Richfield Preschool
School · 0.6 mi away
Ashman Elementary School
Elementary · 0.7 mi away
Sevier School District - Richfield, UT
School · 0.7 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 0.9 mi away
Pahvant Elementary School
Elementary · 0.9 mi away
Richfield High School
Secondary · 0.9 mi away
Central Utah Educational Services
School · 1.0 mi away
Cedar Ridge High
Secondary · 1.0 mi away
Red Hills Middle School
Secondary · 1.1 mi away
Snow College Cosmetology
School · 1.2 mi away
Sevier School District
School · 2.3 mi away
Storm Ridge Ranch School
Secondary · 6.3 mi away
South Sevier Middle School
Secondary · 9.6 mi away
Monroe Elementary School
Elementary · 9.7 mi away
South Sevier High School
Secondary · 9.9 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 10.0 mi away
North Sevier Middle School
Secondary · 17.6 mi away
North Sevier High
Secondary · 17.6 mi away
Salina Elementary School
Elementary · 17.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 859 S 440 W, Richfield, UT | $239,000 | 4 | 2 | 1,680 |
| 425 N 200 W, Richfield, UT | $319,000 | 4 | 2 | 3,048 |
| 180 E 300 N, Richfield, UT | $340,000 | 4 | 2 | 2,550 |
| 790 W 800 S, Richfield, UT | $394,900 | 4 | 2 | 2,080 |
| 669 W OGDEN DR, Richfield, UT | $419,000 | 5 | 3 | 2,600 |
Moving Cost Estimate
EXIT Agents in Richfield
Listing Courtesy: Century 21 Everest - 801-819-6200
Last Updated: 2026-04-21