NOT LISTED FOR SALE

1181 E 1040 N Orem, UT 84097

Old Orchard Neighborhood

Estimated Value: $713,000 - $962,000

4 Beds
3 Baths
2,931 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 1181 E 1040 N, Orem, UT 84097 and is currently estimated at $868,530, approximately $296 per square foot. 1181 E 1040 N is a home located in Utah County with nearby schools including Foothill Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Nyhus Steven M and Nyhus Susan B
Bought by
Steven M Nyhus Family Trust and Nyhus Susan B
Current Estimated Value
$868,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$281,335
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$632,731

Purchase Details

Closed on
May 26, 2009
Sold by
Nyhus Steven M and Nyhus Susan B
Bought by
Nyhus Steven M and Nyhus Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 10, 2008
Sold by
Nyhus Steven M and Nyhus Susan B
Bought by
Nyhus Steven M and Nyhus Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Nyhus Steven M and Nyhus Susan B
Bought by
Nyhus Steven M and Nyhus Susan B

Purchase Details

Closed on
Nov 22, 2000
Sold by
Freestone J Phillip and Freestone Elizabeth
Bought by
Nyhus Steven M and Nyhus Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,850
Interest Rate
7.86%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2000
Sold by
Quantum Construction & Development Lc
Bought by
Freestone J Phillip and Freestone Elizabeth

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
Steven M Nyhus Family Trust -- Old Republic Title
Nyhus Steven M -- Old Republic Title Company
Nyhus Steven M -- Old Republic Title Company
Nyhus Steven M -- Eagle Pointe Title Insuranc
Nyhus Steven M -- Eagle Pointe Title Insuranc
Nyhus Steven M -- --
Nyhus Steven M -- First American Title Co
Freestone J Phillip -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven M Nyhus Family Trust $348,000
Closed Nyhus Steven M $392,000
Closed Nyhus Steven M $387,000
Closed Nyhus Steven M $306,850
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 $3,704 $452,870 $0 $0
2023 $3,509 $461,175 $0 $0
2022 $3,448 $438,955 $0 $0
2021 $3,312 $638,700 $243,800 $394,900
2020 $3,103 $588,100 $212,000 $376,100
2019 $2,735 $539,000 $212,000 $327,000
2018 $2,792 $525,800 $212,000 $313,800
2017 $2,636 $265,870 $0 $0
2016 $2,742 $255,090 $0 $0
2015 $2,816 $247,720 $0 $0
2014 $2,607 $228,305 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Old Orchard

1181 E 1040 N, Orem, UT

Homes for Sale in Orem, UT

This home is located at 1181 E 1040 N, Orem, UT 84097 and is currently estimated at $868,530, approximately $296 per square foot. 1181 E 1040 N is a home located in Utah County with nearby schools including Foothill Elementary School, Canyon View Junior High School, and Orem High School.

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