NOT LISTED FOR SALE

Estimated Value: $486,000 - $493,000

4 Beds
2 Baths
1,829 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 1111 W 40 S, Orem, UT 84058 and is currently estimated at $488,467, approximately $267 per square foot. 1111 W 40 S is a home located in Utah County with nearby schools including Orem Elementary School, Orem Junior High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Corbett Lucia and Lucia Corbett Trust
Bought by
Maidana Ariel Edgardo and Maidana Claudia Noemi
Current Estimated Value
$488,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$221,242
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$267,225

Purchase Details

Closed on
Oct 31, 2011
Sold by
Corbett Mark D
Bought by
Corbett Lucia and Lucia Corbett Trust

Purchase Details

Closed on
Sep 23, 2009
Sold by
Corbett Lucia
Bought by
Corbett Lucia and Lucia Corbett Trust

Purchase Details

Closed on
Mar 5, 2008
Sold by
Almaraz Jair
Bought by
Corbett Mark D and Corbett Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,676
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2007
Sold by
Almaraz Jair
Bought by
Jya Holdings Llc

Purchase Details

Closed on
Aug 11, 2005
Sold by
Almaraz Aurelio and Almaraz Yolanda
Bought by
Almaraz Jair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Maidana Ariel Edgardo -- Truly Title Insc
Corbett Lucia -- None Available
Corbett Lucia -- None Available
Corbett Mark D -- Provo Land Title Company
Almaraz Jair -- Provo Land Title Company
Jya Holdings Llc -- None Available
Almaraz Jair -- Mountain View Title Ogden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maidana Ariel Edgardo $247,500
Previous Owner Almaraz Jair $192,676
Previous Owner Almaraz Jair $124,000
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
2025 $1,874 $442,000 $215,000 $227,000
2024 $1,874 $229,130 $0 $0
2023 $1,741 $228,745 $0 $0
2022 $1,757 $223,685 $0 $0
2021 $1,634 $315,100 $168,000 $147,100
2020 $1,470 $278,600 $134,400 $144,200
2019 $1,343 $264,600 $124,100 $140,500
2018 $1,235 $232,600 $106,800 $125,800
2017 $1,130 $114,015 $0 $0
2016 $1,077 $100,210 $0 $0
2015 $1,099 $96,690 $0 $0
2014 $1,072 $93,885 $0 $0
Source: Public Records

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