NOT LISTED FOR SALE

1023 E Cherry Ln Unit 4 Layton, UT 84040

Estimated Value: $464,747 - $505,000

3 Beds
2 Baths
2,002 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1023 E Cherry Ln Unit 4, Layton, UT 84040 and is currently estimated at $484,187, approximately $241 per square foot. 1023 E Cherry Ln Unit 4 is a home located in Davis County with nearby schools including King Elementary School, Central Davis Junior High School, and Layton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Bullen John P
Bought by
Sheanshang Daniel M and Sheanshang Caroline E
Current Estimated Value
$484,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,550
Outstanding Balance
$394,479
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$110,988

Purchase Details

Closed on
Feb 6, 2019
Sold by
Lieb Nicholas
Bought by
Bullen John P and Hoopert Fox Kaitlyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,392
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2008
Sold by
Romcoe Thomas D and Romcoe Theresa M
Bought by
Romcoe Thomas D and Romcoe Theresa M

Purchase Details

Closed on
Mar 22, 2006
Sold by
Ingles Brian and Ingles Jana
Bought by
Romcoe Thomas D and Romcoe Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 1997
Sold by
Cullimore Lary B and Cullimore Kari
Bought by
Ingles Brian and Ingles Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,450
Interest Rate
7.23%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheanshang Daniel M -- Cottonwood Title
Bullen John P -- Mountain View Title
Romcoe Thomas D -- None Available
Romcoe Thomas D -- First American Title
Ingles Brian -- Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheanshang Daniel M $402,550
Previous Owner Bullen John P $255,392
Previous Owner Lieb Nicholas $198,608
Previous Owner Romcoe Thomas D $54,500
Previous Owner Romcoe Thomas D $71,500
Previous Owner Romcoe Thomas D $66,625
Previous Owner The Romcoe Family Trust $73,125
Previous Owner Romcoe Thomas D $82,000
Previous Owner Ingles Brian $117,450
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,133 $225,500 $135,886 $89,614
2023 $2,082 $388,000 $185,524 $202,476
2022 $2,190 $221,650 $99,310 $122,340
2021 $2,034 $307,000 $150,816 $156,184
2020 $1,775 $257,000 $120,833 $136,167
2019 $1,741 $247,000 $108,217 $138,783
2018 $1,664 $237,000 $87,635 $149,365
2016 $1,468 $107,800 $46,342 $61,458
2015 $1,447 $100,925 $46,342 $54,583
2014 $1,386 $98,813 $46,342 $52,471
2013 -- $103,123 $22,748 $80,375
Source: Public Records

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