NOT LISTED FOR SALE

1035 E Cherry Ln Layton, UT 84040

Estimated Value: $433,000 - $506,000

4 Beds
2 Baths
1,775 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 1035 E Cherry Ln, Layton, UT 84040 and is currently estimated at $481,048, approximately $271 per square foot. 1035 E Cherry Ln 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
Jul 14, 2023
Sold by
Parkrldge Inc
Bought by
Hitchcox Penny
Current Estimated Value
$481,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,800
Outstanding Balance
$407,903
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$86,677

Purchase Details

Closed on
Mar 29, 2023
Sold by
Mejia Tyrone D and Mejia Dunia
Bought by
Park Ridge Llc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Mejia Tyrone D
Bought by
Mejia Tyrone D and Mejia Dunia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 2006
Sold by
Macarelli Richard A and Macarelli Nicole M
Bought by
Mejia Tyrone D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 1998
Sold by
Rhine Karen and Baird Karen
Bought by
Macarelli Richard A and Macarelli Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,050
Interest Rate
7.06%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 1996
Sold by
Baird Dwayne A
Bought by
Rhine Karen and Baird Karen
Source: Public Records

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
Hitchcox Penny -- Old Republic Title
Park Ridge Llc -- Old Republic Title
Mejia Tyrone D -- First American Title
Mejia Tyrone D -- First American Title
Macarelli Richard A -- Associated Title Company
Rhine Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitchcox Penny $415,800
Previous Owner Mejia Tyrone D $119,277
Previous Owner Mejia Tyrone D $25,000
Previous Owner Mejia Tyrone D $127,550
Previous Owner Macarelli Richard A $125,050
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 $2,185 $231,000 $143,037 $87,963
2023 $2,012 $206,250 $107,408 $98,841
2022 $2,114 $389,000 $190,068 $198,932
2021 $1,968 $297,000 $158,754 $138,246
2020 $1,678 $243,000 $127,193 $115,807
2019 $1,664 $236,000 $113,913 $122,087
2018 $1,517 $216,000 $87,635 $128,365
2016 $1,335 $98,065 $46,342 $51,723
2015 $1,275 $88,935 $46,342 $42,593
2014 $1,233 $87,914 $46,342 $41,572
2013 -- $92,026 $22,748 $69,278
Source: Public Records

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