NOT LISTED FOR SALE

1023 S 550 W Salem, UT 84653

Estimated Value: $670,000 - $789,000

5 Beds
4 Baths
3,250 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 1023 S 550 W, Salem, UT 84653 and is currently estimated at $741,377, approximately $228 per square foot. 1023 S 550 W is a home located in Utah County with nearby schools including Mt. Loafer Elementary School, Salem Junior High School, and Valley View Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Ohara John Randy
Bought by
Ohara John Randy and Ohara Deanna
Current Estimated Value
$741,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$330,776
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$393,952

Purchase Details

Closed on
Apr 12, 2011
Sold by
Ohara John Randy
Bought by
Ohara John Randy and Ohara Vickie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,673
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Howell Patricia A
Bought by
Howell Patricia A and The Howell Family Trust

Purchase Details

Closed on
Sep 10, 2007
Sold by
Allen Ralph L and The Ralph L Allen Living Trust
Bought by
Allen Ralph L and Howell Patricia A

Purchase Details

Closed on
Jan 13, 2005
Sold by
Allen Ralph L
Bought by
Allen Ralph L and The Ralph L Allen Living Trust

Purchase Details

Closed on
Oct 22, 1996
Sold by
Nrt Properties L C
Bought by
Allen Ralph L and Allen Fern
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Ohara John Randy -- Accommodation
Ohara John Randy -- Accommodation
Ohara John Randy -- Bartlett Title Insurance Ag
Howell Patricia A -- None Available
Allen Ralph L -- Bartlett Title Insurance Ag
Allen Ralph L -- --
Allen Ralph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohara John Randy $364,000
Closed Ohara John Randy $281,673
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
2025 $3,427 $704,400 $256,400 $448,000
2024 $3,427 $347,545 $0 $0
2023 $3,410 $346,390 $0 $0
2022 $3,394 $339,515 $0 $0
2021 $2,645 $424,600 $148,700 $275,900
2020 $2,598 $405,700 $135,200 $270,500
2019 $2,419 $385,800 $115,300 $270,500
2018 $2,453 $373,900 $103,400 $270,500
2017 $2,251 $183,040 $0 $0
2016 $2,125 $170,775 $0 $0
2015 $2,124 $167,695 $0 $0
2014 $1,763 $139,370 $0 $0
Source: Public Records

Map

Utah Utah County Salem 84653

1023 S 550 W, Salem, UT

This home is located at 1023 S 550 W, Salem, UT 84653 and is currently estimated at $741,377, approximately $228 per square foot. 1023 S 550 W is a home located in Utah County with nearby schools including Mt. Loafer Elementary School, Salem Junior High School, and Valley View Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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