1054 S 500 E Orem, UT 84097
Hillcrest NeighborhoodEstimated Value: $507,000 - $616,000
5
Beds
3
Baths
1,531
Sq Ft
$355/Sq Ft
Est. Value
About This Home
This home is located at 1054 S 500 E, Orem, UT 84097 and is currently estimated at $544,229, approximately $355 per square foot. 1054 S 500 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr High School, and Orem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2021
Sold by
Lamb Michael L and Lamb Debra L
Bought by
Lamb Michael L and Lamb Debra L
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
$254,500
Outstanding Balance
$234,214
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$304,768
Purchase Details
Closed on
Apr 20, 2020
Sold by
Lamb Michael L and Lamb Debra L
Bought by
Lamb Michael L and Lamb Debra L
Purchase Details
Closed on
May 15, 2003
Sold by
The John R Bench Family Trust and Bench John R
Bought by
Lamb Michael L and Lamb Debra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,103
Interest Rate
5.71%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 12, 2002
Sold by
Bench John R and Bench Iris B
Bought by
Bench John R and Bench Iris B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 10, 2002
Sold by
Bench John R and Bench Iris
Bought by
Bench John R and Bench Iris B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 28, 2002
Sold by
Bench John R
Bought by
Bench John R
Purchase Details
Closed on
Apr 27, 1999
Sold by
Sorensen David K and Sorensen Bonnie Lee
Bought by
John R Bench Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lamb Michael L | -- | Real Advantage Ttl Ins Agcy | |
| Lamb Michael L | -- | None Available | |
| Lamb Michael L | -- | Horizon Title | |
| Bench John R | -- | Titlewriters Inc | |
| Bench John R | -- | Titlewriters Inc | |
| Bench John R | -- | Titlewriters Inc | |
| Bench John R | -- | Mountain West Title Co | |
| John R Bench Family Trust | -- | Access Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lamb Michael L | $254,500 | |
| Closed | Lamb Michael L | $188,696 | |
| Closed | Lamb Michael L | $182,400 | |
| Closed | Lamb Michael L | $15,000 | |
| Closed | Lamb Michael L | $159,103 | |
| Previous Owner | Bench John R | $135,000 |
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 |
|---|---|---|---|---|
| 2024 | $2,115 | $258,610 | $0 | $0 |
| 2023 | $1,913 | $251,350 | $0 | $0 |
| 2022 | $2,018 | $256,905 | $0 | $0 |
| 2021 | $1,858 | $358,400 | $129,000 | $229,400 |
| 2020 | $1,720 | $325,900 | $103,200 | $222,700 |
| 2019 | $1,517 | $298,900 | $103,200 | $195,700 |
| 2018 | $1,430 | $269,200 | $95,800 | $173,400 |
| 2017 | $1,285 | $129,580 | $0 | $0 |
| 2016 | $1,250 | $116,270 | $0 | $0 |
| 2015 | $1,215 | $106,920 | $0 | $0 |
| 2014 | $1,117 | $97,790 | $0 | $0 |
Source: Public Records
Map
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