NOT LISTED FOR SALE

1197 E 540 N Spanish Fork, UT 84660

Estimated Value: $352,000 - $389,000

3 Beds
3 Baths
1,416 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 1197 E 540 N, Spanish Fork, UT 84660 and is currently estimated at $364,864, approximately $257 per square foot. 1197 E 540 N is a home located in Utah County with nearby schools including Rees Elementary School, Diamond Fork Junior High School, and Mapleton Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Patricia Mills Living Trust and Mills Patricia
Bought by
Mills Cheri D
Current Estimated Value
$364,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$316,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$33,048

Purchase Details

Closed on
Dec 1, 2022
Sold by
Mills Patricia J
Bought by
Patricia Mills Living Trust

Purchase Details

Closed on
Feb 13, 2020
Sold by
Mills Patricia J
Bought by
Mills Patricia J and Mills Cheri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,662
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2005
Sold by
Mills Rick L
Bought by
Mills Rick L and Mills Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,132
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

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
Mills Cheri D -- First American Title Insurance
Patricia Mills Living Trust -- --
Mills Patricia J -- First American Title Ins Co
Mills Rick L -- Utah First Title Insurance
Mills Rick L -- Utah First Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Cheri D $316,000
Previous Owner Mills Patricia J $192,500
Previous Owner Mills Patricia J $189,662
Previous Owner Mills Patricia J $141,296
Previous Owner Mills Patricia J $146,460
Previous Owner Mills Patricia J $156,594
Previous Owner Mills Rick L $118,132
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 $1,814 $187,000 $0 $0
2023 $1,665 $171,820 $0 $0
2022 $1,765 $178,640 $0 $0
2021 $1,508 $244,200 $36,600 $207,600
2020 $1,439 $226,500 $34,000 $192,500
2019 $1,298 $215,000 $28,000 $187,000
2018 $1,176 $188,300 $23,000 $165,300
2017 $1,065 $91,630 $0 $0
2016 $952 $80,850 $0 $0
2015 $839 $70,400 $0 $0
2014 $771 $64,900 $0 $0
Source: Public Records

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