NOT LISTED FOR SALE

1048 Water Turn Dr Farmington, UT 84025

Estimated Value: $994,000 - $1,219,096

6 Beds
5 Baths
6,039 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 1048 Water Turn Dr, Farmington, UT 84025 and is currently estimated at $1,125,024, approximately $186 per square foot. 1048 Water Turn Dr is a home located in Davis County with nearby schools including Reading School, Centerville Jr High, and Viewmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Mays Mark and Mays Jennifer
Bought by
Mays Mark M and Mays Jennifer
Current Estimated Value
$1,125,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Outstanding Balance
$482,496
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$682,252

Purchase Details

Closed on
Jun 21, 2019
Sold by
Mays Mark M
Bought by
Mays Mark and Mays Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2019
Sold by
Pausson Jon P
Bought by
Mays Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Rodemoyer Joy L
Bought by
Palsson Jon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Palsson Jon P
Bought by
Palsson Jon P and Rodemoyer Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2004
Sold by
Flatrock Lc
Bought by
Palsson Jon P and Rodemoyer Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Mays Mark M -- North American Tit
Mays Mark -- North American Title
Mays Mark M -- Hickman Land Title Co
Palsson Jon P -- Cottonwood Title In
Palsson Jon P -- Bonneville Title Company
Palsson Jon P -- Bonneville Title Company
Palsson Jon P -- Bonneville Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Mark M $537,000
Closed Mays Mark M $540,000
Previous Owner Palsson Jon P $417,000
Previous Owner Palsson Jon P $110,000
Previous Owner Palsson Jon P $584,000
Previous Owner Palsson Jon P $75,000
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 $5,853 $585,200 $174,770 $410,430
2023 $5,665 $1,032,000 $211,363 $820,637
2022 $5,656 $585,200 $116,234 $468,966
2021 $5,642 $869,000 $229,736 $639,264
2020 $5,094 $765,000 $195,451 $569,549
2019 $4,860 $708,000 $139,845 $568,155
2018 $4,480 $643,000 $137,388 $505,612
2016 $3,995 $295,185 $53,585 $241,600
2015 $4,128 $289,410 $53,585 $235,825
2014 $3,883 $279,831 $53,585 $226,246
2013 -- $289,496 $68,329 $221,167
Source: Public Records

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