NOT LISTED FOR SALE

1116 S 1040 W Payson, UT 84651

Estimated Value: $441,000 - $480,000

4 Beds
1 Bath
1,980 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 1116 S 1040 W, Payson, UT 84651 and is currently estimated at $459,326, approximately $231 per square foot. 1116 S 1040 W is a home located in Utah County with nearby schools including Wilson Elementary School, Mt. Nebo Junior High School, and Mt. Nebo Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Hill Thmas A and Vera Bocanegra Reyna
Bought by
Vera Bocanegra Reyna
Current Estimated Value
$459,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$168,113
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$273,463

Purchase Details

Closed on
Jun 2, 2020
Sold by
Gukk Thomas A and Hill Reyna
Bought by
Hill Thomas A and Hill Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2006
Sold by
Hill Reyna Edith and Hill Thomas
Bought by
Hill Thomas A and Hill Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 26, 2004
Sold by
Palmer David A and Palmer Tia L
Bought by
Hill Reyna Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2001
Sold by
Anderson Kelly P and Anderson Ruth G
Bought by
Palmer David A and Palmer Tia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
7.14%

Purchase Details

Closed on
Jul 3, 1997
Sold by
Johnson Brenda
Bought by
Anderson Kelly P and Anderson Ruth G

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

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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
Vera Bocanegra Reyna -- Placer Title Insurance Agcy
Hill Thomas A -- Servicelink East Escrow
Hill Thomas A -- First American Title Agency
Hill Reyna Edith -- Horizon Title Insurance
Palmer David A -- Old Republic Title Company
Anderson Kelly P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Bocanegra Reyna $182,000
Closed Hill Thomas A $146,520
Closed Hill Thomas A $185,589
Closed Hill Thomas A $183,380
Closed Hill Thomas Alton $180,670
Closed Hill Thomas A $33,400
Closed Hill Thomas A $133,600
Closed Hill Reyna Edith $139,000
Previous Owner Palmer David A $120,600
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 $2,104 $214,115 $0 $0
2023 $2,101 $214,445 $0 $0
2022 $2,073 $208,065 $0 $0
2021 $1,741 $280,200 $105,000 $175,200
2020 $1,621 $255,300 $91,300 $164,000
2019 $1,467 $236,800 $91,300 $145,500
2018 $1,268 $197,400 $70,900 $126,500
2017 $1,223 $102,410 $0 $0
2016 $1,109 $92,235 $0 $0
2015 $1,078 $88,990 $0 $0
2014 $989 $82,225 $0 $0
Source: Public Records

Map

Utah Utah County Payson 84651

1116 S 1040 W, Payson, UT

Homes for Sale in Payson, UT

This home is located at 1116 S 1040 W, Payson, UT 84651 and is currently estimated at $459,326, approximately $231 per square foot. 1116 S 1040 W is a home located in Utah County with nearby schools including Wilson Elementary School, Mt. Nebo Junior High School, and Mt. Nebo Middle.

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.

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