1087 W 550 S Orem, UT 84058
Sunset Heights NeighborhoodEstimated Value: $464,000 - $505,845
3
Beds
2
Baths
994
Sq Ft
$497/Sq Ft
Est. Value
About This Home
This home is located at 1087 W 550 S, Orem, UT 84058 and is currently estimated at $493,711, approximately $496 per square foot. 1087 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
Oct 15, 2021
Sold by
Keystone Construction Llc
Bought by
Terry Nathan Clark
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
$366,815
Outstanding Balance
$343,091
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$138,297
Purchase Details
Closed on
Jun 12, 2018
Sold by
Vega Rafael L and Vega Esperanza N
Bought by
Vega Rentals Llc
Purchase Details
Closed on
Nov 29, 2006
Sold by
Critchfield C Jay and Critchfield Lois J
Bought by
Vega Rafael L and Vega Esperanza N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terry Nathan Clark | -- | Cottonwood Title | |
| Vega Rentals Llc | -- | None Available | |
| Vega Rafael L | -- | Bartlett Title Insurance Ag |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terry Nathan Clark | $366,815 | |
| Previous Owner | Vega Rafael L | $50,000 |
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 | $1,948 | $453,000 | $223,800 | $229,200 |
| 2024 | $1,948 | $238,205 | $0 | $0 |
| 2023 | $1,809 | $237,765 | $0 | $0 |
| 2022 | $1,788 | $227,700 | $0 | $0 |
| 2021 | $1,663 | $320,700 | $174,800 | $145,900 |
| 2020 | $1,492 | $282,800 | $139,800 | $143,000 |
| 2019 | $1,354 | $266,900 | $129,000 | $137,900 |
| 2018 | $1,236 | $232,700 | $111,100 | $121,600 |
| 2017 | $1,126 | $113,630 | $0 | $0 |
| 2016 | $1,079 | $100,375 | $0 | $0 |
| 2015 | $1,091 | $95,975 | $0 | $0 |
| 2014 | $1,075 | $94,105 | $0 | $0 |
Source: Public Records
Map
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