1040 W 550 S Orem, UT 84058
Sunset Heights NeighborhoodEstimated Value: $462,000 - $512,000
4
Beds
2
Baths
1,954
Sq Ft
$250/Sq Ft
Est. Value
About This Home
This home is located at 1040 W 550 S, Orem, UT 84058 and is currently estimated at $488,840, approximately $250 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
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
Interest Rate
4.38%
Mortgage Type
New Conventional
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
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Home Values in the Area
Average Home Value in this Area
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 | $174,000 | |
| Closed | Miller Jason | $185,700 | |
| Closed | Miller Jason | $179,450 | |
| Closed | Miller Jason | $6,500 | |
| Previous Owner | Kennington Alan O | $161,910 | |
| Previous Owner | Demars Brandt M | $121,813 |
Source: Public Records
Tax History Compared to Growth
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 | $457,700 | $214,000 | $243,700 |
| 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
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