NOT LISTED FOR SALE

1118 N 520 E Orem, UT 84097

Old Orchard Neighborhood

Estimated Value: $608,000 - $695,000

3 Beds
2 Baths
2,679 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 1118 N 520 E, Orem, UT 84097 and is currently estimated at $669,093, approximately $249 per square foot. 1118 N 520 E is a home located in Utah County with nearby schools including Orchard Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Platte David J and Platte Melanie M
Bought by
Platte David J and Platte Melanie
Current Estimated Value
$669,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,100
Outstanding Balance
$363,220
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$305,873

Purchase Details

Closed on
Sep 26, 2012
Sold by
Platte Melanie M and Platte David J
Bought by
Platte David J and Platte Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,779
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2009
Sold by
Severson Greg D
Bought by
Platte Melanie M and Platte David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,264
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2005
Sold by
Ericson Glen L
Bought by
Ericson Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2005
Sold by
Ericson Donna M
Bought by
Severson Greg D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 1998
Sold by
Ericson Donna M and Peterson Peggy Ericson
Bought by
Ericson Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.84%

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
Platte David J -- Old Republic Title
Platte David J -- First American Title Co Llc
Platte Melanie M -- Access Title Company
Ericson Donna M -- Affiliated First Title Comp
Severson Greg D -- Affiliated First Title Comp
Ericson Donna M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platte David J $53,000
Open Platte David J $390,100
Previous Owner Platte David J $375,000
Previous Owner Platte David J $20,000
Previous Owner Platte David J $194,779
Previous Owner Platte Melanie M $207,264
Previous Owner Severson Greg D $132,000
Previous Owner Severson Greg D $24,750
Previous Owner Ericson Donna M $40,000
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
2024 $2,808 $343,365 $0 $0
2023 $2,552 $335,335 $0 $0
2022 $2,115 $269,335 $0 $0
2021 $1,769 $341,200 $156,800 $184,400
2020 $1,616 $306,200 $125,400 $180,800
2019 $1,494 $294,400 $113,600 $180,800
2018 $1,417 $266,900 $109,700 $157,200
2017 $1,390 $140,195 $0 $0
2016 $1,249 $116,160 $0 $0
2015 $1,274 $112,035 $0 $0
2014 $1,239 $108,515 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Old Orchard

1118 N 520 E, Orem, UT

Homes for Sale in Orem, UT

This home is located at 1118 N 520 E, Orem, UT 84097 and is currently estimated at $669,093, approximately $249 per square foot. 1118 N 520 E is a home located in Utah County with nearby schools including Orchard Elementary School, Canyon View Junior High School, and Orem High 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.