1048 E Cherry Ln Layton, UT 84040
Estimated Value: $354,000 - $464,223
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,456
                Sq Ft
            
            
                
                    $282/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1048 E Cherry Ln, Layton, UT 84040 and is currently estimated at $410,306, approximately $281 per square foot. 1048 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
            
            
                Sep 7, 2018
            
        
                Sold by
            
            
                Wheelwright Spencer
            
        
                Bought by
            
            
                Wheelwright Spencer and Wheelwright Cecilia N
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jun 20, 2014
            
        
                Sold by
            
            
                Wheelwright Spencer
            
        
                Bought by
            
            
                Wheelwright Spencer and Wheelwright Cecilia N
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $91,000
            
        
                Outstanding Balance
            
            
                $69,112
            
        
                Interest Rate
            
            
                4.16%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $341,194
            
        Purchase Details
                Closed on
            
            
                Jun 18, 2014
            
        
                Sold by
            
            
                Federal National Mortgage Association
            
        
                Bought by
            
            
                Wheelwright Spencer
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $91,000
            
        
                Outstanding Balance
            
            
                $69,112
            
        
                Interest Rate
            
            
                4.16%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $341,194
            
        Purchase Details
                Closed on
            
            
                Oct 12, 2006
            
        
                Sold by
            
            
                Smith Helen M
            
        
                Bought by
            
            
                Smith Chad E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $154,800
            
        
                Interest Rate
            
            
                6.44%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Nov 7, 2005
            
        
                Sold by
            
            
                Smith Chad Elliott
            
        
                Bought by
            
            
                Smith Chad E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $133,550
            
        
                Interest Rate
            
            
                5.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Sep 17, 2002
            
        
                Sold by
            
            
                Smith Chad Elliott
            
        
                Bought by
            
            
                Smith Chad Elliott
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $19,000
            
        
                Interest Rate
            
            
                6.16%
            
        
                Mortgage Type
            
            
                Stand Alone Second
            
        Purchase Details
                Closed on
            
            
                May 24, 2002
            
        
                Sold by
            
            
                Smith Chad E and Smith Helen M
            
        
                Bought by
            
            
                Smith Chad E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $90,000
            
        
                Interest Rate
            
            
                6.83%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Wheelwright Spencer | -- | Stewart Title Ins Agency | |
| Wheelwright Spencer | -- | Stewart Title Ins Agency | |
| Wheelwright Spencer | -- | Backman Title Servi | |
| Wheelwright Spencer | -- | Backman Title Service | |
| Smith Chad E | -- | Inwest Title Services Inc | |
| Smith Chad E | -- | Title One Inc | |
| Smith Chad Elliott | -- | Titlesource | |
| Smith Chad E | -- | Equity Title Agency | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Wheelwright Spencer | $91,000 | |
| Previous Owner | Smith Chad E | $154,800 | |
| Previous Owner | Smith Chad E | $133,550 | |
| Previous Owner | Smith Chad Elliott | $19,000 | |
| Previous Owner | Smith Chad E | $90,000 | 
                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 | $1,909 | $210,100 | $136,936 | $73,164 | 
| 2024 | $1,909 | $201,850 | $158,463 | $43,387 | 
| 2023 | $1,878 | $350,000 | $208,887 | $141,113 | 
| 2022 | $1,962 | $198,550 | $112,462 | $86,088 | 
| 2021 | $1,848 | $279,000 | $171,823 | $107,177 | 
| 2020 | $1,623 | $235,000 | $141,804 | $93,196 | 
| 2019 | $1,593 | $226,000 | $126,092 | $99,908 | 
| 2018 | $1,440 | $205,000 | $100,265 | $104,735 | 
| 2016 | $1,261 | $92,620 | $52,330 | $40,290 | 
| 2015 | $1,212 | $84,535 | $52,330 | $32,205 | 
| 2014 | $1,030 | $73,460 | $52,330 | $21,130 | 
| 2013 | -- | $83,402 | $23,328 | $60,074 | 
                Source: Public Records
                    
            
        Map
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