NOT LISTED FOR SALE

1113 S 550 W Salem, UT 84653

Estimated Value: $741,000 - $829,000

6 Beds
4 Baths
4,446 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 1113 S 550 W, Salem, UT 84653 and is currently estimated at $791,139, approximately $177 per square foot. 1113 S 550 W is a home located in Utah County with nearby schools including Mt. Loafer Elementary School, Salem Junior High School, and Valley View Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Trane Ryan
Bought by
Posey Michael and Posey Leslie
Current Estimated Value
$791,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$500,171
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$290,968

Purchase Details

Closed on
Apr 15, 2005
Sold by
On Line Construction
Bought by
Trane Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Taylor Nelson R
Bought by
On Line Construction

Purchase Details

Closed on
May 23, 2003
Sold by
Riding Craig D
Bought by
Taylor Nelson R

Purchase Details

Closed on
Sep 26, 2001
Sold by
Taylor Nelson R
Bought by
Riding Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,427
Interest Rate
6.91%
Mortgage Type
Seller Take Back

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
Posey Michael -- Stewart Title Co
Trane Ryan -- Pro Title & Escrow Inc
On Line Construction -- First American Title Agency
Taylor Nelson R -- First American Title Co
Riding Craig D -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posey Michael $544,000
Previous Owner Trane Ryan $262,000
Previous Owner Trane Ryan $256,000
Previous Owner Trane Ryan $32,000
Previous Owner Riding Craig D $146,427
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 $3,775 $382,910 $0 $0
2023 $3,700 $375,870 $0 $0
2022 $3,683 $368,390 $0 $0
2021 $2,883 $462,800 $148,700 $314,100
2020 $2,837 $443,100 $135,200 $307,900
2019 $2,622 $418,200 $115,300 $302,900
2018 $2,665 $406,300 $103,400 $302,900
2017 $2,442 $198,550 $0 $0
2016 $2,120 $170,390 $0 $0
2015 $2,062 $162,800 $0 $0
2014 $2,032 $160,600 $0 $0
Source: Public Records

Map

Utah Utah County Salem 84651

1113 S 550 W, Salem, UT

Homes for Sale in Salem, UT

This home is located at 1113 S 550 W, Salem, UT 84653 and is currently estimated at $791,139, approximately $177 per square foot. 1113 S 550 W is a home located in Utah County with nearby schools including Mt. Loafer Elementary School, Salem Junior High School, and Valley View Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.