NOT LISTED FOR SALE

1040 W 550 S Orem, UT 84058

Sunset Heights Neighborhood

Estimated Value: $451,000 - $494,504

4 Beds
2 Baths
1,954 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 1040 W 550 S, Orem, UT 84058 and is currently estimated at $474,376, approximately $242 per square foot. 1040 W 550 S is a home located in Utah County with nearby schools including Orem Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2014
Sold by
Kennington Alan O and Kennington Aimee N
Bought by
Miller Jason and Miller Emily
Current Estimated Value
$474,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Outstanding Balance
$136,223
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$338,153

Purchase Details

Closed on
Dec 16, 2009
Sold by
Demars Brandt M and Demars Heather B
Bought by
Kennington Alan O and Kennington Aimee N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2000
Sold by
Larsen James Peter and Larsen Francisca D
Bought by
Demars Brandt M and Demars Heather B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,813
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Miller Jason -- Select Title Ins Agency
Kennington Alan O -- Utah First Title Insurance
Demars Brandt M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jason $179,450
Previous Owner Kennington Alan O $161,910
Previous Owner Demars Brandt M $121,813
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 $1,932 $251,735 -- --
2024 $1,932 $236,225 $0 $0
2023 $1,787 $234,795 $0 $0
2022 $1,760 $224,070 $0 $0
2021 $1,637 $315,700 $167,100 $148,600
2020 $1,474 $279,400 $133,700 $145,700
2019 $1,345 $265,000 $123,400 $141,600
2018 $1,225 $230,600 $106,300 $124,300
2017 $1,112 $112,200 $0 $0
2016 $1,086 $100,980 $0 $0
2015 $1,086 $95,535 $0 $0
2014 $1,040 $91,080 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Sunset Heights

1040 W 550 S, Orem, UT

Not Listed for Sale

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