NOT LISTED FOR SALE

1122 W 40 S Unit 2 Orem, UT 84058

Orem Park Neighborhood

Estimated Value: $561,000 - $619,000

3 Beds
4 Baths
1,426 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 1122 W 40 S Unit 2, Orem, UT 84058 and is currently estimated at $599,769, approximately $420 per square foot. 1122 W 40 S Unit 2 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
Sep 15, 2021
Sold by
Double Dream Holdings Llc
Bought by
Scott Cody
Current Estimated Value
$599,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,000
Outstanding Balance
$805,103
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$217,525

Purchase Details

Closed on
Sep 1, 2021
Sold by
Scott Cody
Bought by
Double Dream Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,000
Outstanding Balance
$805,103
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$217,525

Purchase Details

Closed on
Aug 27, 2021
Sold by
Double Dream Holdings Llc
Bought by
Scott Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,000
Outstanding Balance
$805,103
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$217,525

Purchase Details

Closed on
Oct 8, 2020
Sold by
Scott Cody and Tsytsyn David
Bought by
Double Dream Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2020
Sold by
Brown Landon E
Bought by
Scott Cody and Tsytsyn David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2020
Sold by
Brown Landon E and Brown Landon
Bought by
Brown Landon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,235
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2020
Sold by
Campbell Chett J
Bought by
Brown Landon

Purchase Details

Closed on
Feb 11, 2013
Sold by
Fannie Mae
Bought by
Brown Landon E and Brown Chett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,823
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2011
Sold by
Ramos Franco
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 22, 2007
Sold by
Ramos Franco
Bought by
Ramos Franco and Perez Porfirio

Purchase Details

Closed on
Oct 30, 2006
Sold by
Lloyd Michelle and Oxborrow Michelle
Bought by
Ramos Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,900
Interest Rate
8.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Duncan Lance C and Duncan Marisa
Bought by
Oxborrow Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 31, 2003
Sold by
Duncan Lance and Duncan Marrisa
Bought by
Oxborrow Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 5, 2003
Sold by
Duncan Lance and Duncan Marrisa
Bought by
Duncan Lance C and Duncan Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 6, 2003
Sold by
Duncan Lance C and Duncan Marrisa
Bought by
Duncan Lance C and Duncan Marisa

Purchase Details

Closed on
Nov 22, 2002
Sold by
Duncan Lance C and Duncan Marisa
Bought by
Duncan Lance C and Duncan Marisa

Purchase Details

Closed on
Aug 20, 2002
Sold by
Budge Eric S
Bought by
Duncan Lance and Duncan Marrisa

Purchase Details

Closed on
May 17, 2002
Sold by
Groesbeck Byron S and Groesbeck Myrtle B
Bought by
Budge Eric S

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Scott Cody -- Inwest Title
Double Dream Holdings Llc -- Accommodation
Scott Cody -- Inwest Title
Double Dream Holdings Llc -- Inwest Title West Haven
Scott Cody -- Inwest Titel
Brown Landon E -- Inwest Title West
Brown Landon -- Accommodation
Brown Landon E -- Backman Title Services Ltd
Fannie Mae $368,517 Accommodation
Ramos Franco -- First American Title Pine
Ramos Franco -- First American Title Agency
Oxborrow Michelle -- Liberty Title
Duncan Lance C -- Precision Title Company
Duncan Lance C -- Precision Title Company
Duncan Lance C -- Precision Title Company
Duncan Lance -- Guardian Title Insurance Ag
Budge Eric S -- Inwest Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Cody $20,500
Open Scott Cody $869,000
Closed Scott Cody $423,910
Closed Double Dream Holdings Llc $423,910
Closed Scott Cody $423,910
Previous Owner Scott Cody $418,000
Previous Owner Brown Landon E $480,235
Previous Owner Brown Landon E $236,823
Previous Owner Ramos Franco $282,900
Previous Owner Oxborrow Michelle $176,000
Closed Oxborrow Michelle $44,000
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 $2,365 $289,245 $0 $0
2023 $2,218 $291,500 $0 $0
2022 $2,141 $272,580 $0 $0
2021 $1,994 $384,600 $168,400 $216,200
2020 $1,829 $346,700 $134,700 $212,000
2019 $1,706 $336,300 $124,300 $212,000
2018 $1,587 $298,900 $107,100 $191,800
2017 $1,399 $141,130 $0 $0
2016 $1,253 $116,600 $0 $0
2015 $1,325 $116,600 $0 $0
2014 $1,296 $113,520 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Orem Park

1122 W 40 S Unit 2, Orem, UT

Homes for Sale in Orem, UT

This home is located at 1122 W 40 S Unit 2, Orem, UT 84058 and is currently estimated at $599,769, approximately $420 per square foot. 1122 W 40 S Unit 2 is a home located in Utah County with nearby schools including Orem Elementary School, Orem Junior High School, and Mountain View High School.

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