NOT LISTED FOR SALE

Estimated Value: $551,000 - $577,000

5 Beds
3 Baths
2,802 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 115 S Ridgeview Dr, Orem, UT 84058 and is currently estimated at $563,550, approximately $201 per square foot. 115 S Ridgeview Dr 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
Aug 19, 2022
Sold by
Merritt Ridgeview Rental Llc
Bought by
Divver Spencer
Current Estimated Value
$563,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Outstanding Balance
$521,943
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$41,607

Purchase Details

Closed on
Feb 9, 2018
Sold by
Merritt Katie
Bought by
Merritt Ridgeview Rental Llc

Purchase Details

Closed on
Mar 13, 2007
Sold by
Ojp Inc
Bought by
Merritt Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,250
Interest Rate
7.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2006
Sold by
Barnes Gary A
Bought by
Ojp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Bracho Danilo J and Bracho Elisha
Bought by
Waldron Casey

Purchase Details

Closed on
Jul 31, 2003
Sold by
Sorensen Don D and Sorensen Dixie L
Bought by
Bracho Danilo J and Bracho Elisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,558
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2002
Sold by
Sorensen Don D and Sorensen Dixie L
Bought by
Sorensen Don D and Sorensen Dixie L

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
Divver Spencer -- None Listed On Document
Merritt Ridgeview Rental Llc -- None Available
Merritt Katie -- Affiliated First Title Comp
Ojp Inc -- Us Title Utah
Waldron Casey -- --
115 South Ridgeview Drive Orem Utah Tr -- --
Bracho Danilo J -- Old Republic Title Company
Sorensen Don D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divver Spencer $541,500
Previous Owner Merritt Katie $252,250
Previous Owner Ojp Inc $205,000
Previous Owner Bracho Danilo J $187,000
Previous Owner Bracho Danilo J $28,050
Previous Owner Barnes Gary $128,703
Previous Owner Bracho Danilo J $155,558
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 $2,240 $273,900 $0 $0
2023 $2,064 $271,315 $0 $0
2022 $2,011 $256,080 $0 $0
2021 $1,872 $361,000 $173,600 $187,400
2020 $1,702 $322,600 $138,900 $183,700
2019 $1,546 $304,700 $128,200 $176,500
2018 $1,490 $280,600 $110,400 $170,200
2017 $1,377 $138,875 $0 $0
2016 $1,345 $125,125 $0 $0
2015 $1,315 $115,720 $0 $0
2014 $1,290 $112,970 $0 $0
Source: Public Records

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