NOT LISTED FOR SALE

1161 E Lorraine Dr Salt Lake City, UT 84106

Estimated Value: $565,000 - $622,387

3 Beds
2 Baths
1,687 Sq Ft
$353/Sq Ft Est. Value

About This Home

This home is located at 1161 E Lorraine Dr, Salt Lake City, UT 84106 and is currently estimated at $595,847, approximately $353 per square foot. 1161 E Lorraine Dr is a home located in Salt Lake County with nearby schools including Millcreek Elementary School, Lincoln Elementary, and Evergreen Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
Schayer Charlie M
Bought by
Karbakhsh Michael
Current Estimated Value
$595,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Outstanding Balance
$323,456
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$272,391

Purchase Details

Closed on
Nov 15, 2018
Sold by
Schayer Charlie M and Eichclberger Annaliesc
Bought by
Schayer Charlie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2016
Sold by
Higgins Bridgette B and Higgins Michael
Bought by
Schayer Charlie M and Eichelberger Annaliese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2012
Sold by
Higgins Bridgette B
Bought by
Higgins Bridgette B and Higgins Michael

Purchase Details

Closed on
Feb 4, 2008
Sold by
Higgins Michael and Bradenburg Bridgette
Bought by
Higgins Bridgette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 21, 2004
Sold by
Thorson Dave W and Thorson Holly L
Bought by
Higgins Michael and Bradenburg Bridgette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,553
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 1997
Sold by
Larsen Florence B and Larsen Kenneth L
Bought by
Thorson David W and Thorson Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Karbakhsh Michael -- Monument Title Ins Co
Schayer Charlie M -- Accommodation
Schayer Charlie M -- First American Title
Higgins Bridgette B -- Cottonwood Title Ins Agency
Higgins Bridgette B -- Pinnacle Title Co
Higgins Michael -- Equity Title
Thorson David W -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karbakhsh Michael $368,600
Previous Owner Schayer Charlie M $289,000
Previous Owner Schayer Charlie M $272,000
Previous Owner Higgins Bridgette B $200,000
Previous Owner Higgins Michael $149,553
Previous Owner Thorson David W $118,750
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
2025 $3,458 $612,400 $161,600 $450,800
2024 $3,458 $553,600 $156,600 $397,000
2023 $3,310 $511,600 $103,000 $408,600
2022 $3,347 $520,000 $101,000 $419,000
2021 $3,229 $434,900 $101,000 $333,900
2020 $3,163 $402,100 $90,300 $311,800
2019 $2,983 $370,500 $82,600 $287,900
2018 $2,960 $346,800 $82,600 $264,200
2017 $2,605 $326,400 $82,600 $243,800
2016 $1,506 $190,500 $82,600 $107,900
2015 $1,540 $182,300 $96,400 $85,900
2014 $1,498 $173,500 $94,500 $79,000
Source: Public Records

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