NOT LISTED FOR SALE

Estimated Value: $674,000 - $857,000

3 Beds
2 Baths
3,119 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 12 S 450 E, Orem, UT 84097 and is currently estimated at $773,400, approximately $247 per square foot. 12 S 450 E is a home located in Utah County with nearby schools including Centennial Elementary, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Phelps Derek and Phelps Alexis
Bought by
Phelps Vacation Rental Llc
Current Estimated Value
$773,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$740,897
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$32,503

Purchase Details

Closed on
Dec 5, 2023
Sold by
Phelps Derek
Bought by
Phelps Derek and Phelps Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$740,897
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$32,503

Purchase Details

Closed on
Jun 5, 2023
Sold by
Truecraft Construction Llc
Bought by
Phelps Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2022
Sold by
Truecraft Construction Llc
Bought by
Truecraft Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,860
Interest Rate
5.3%
Mortgage Type
New Conventional

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
Phelps Vacation Rental Llc -- Trident Title
Phelps Derek -- Trident Title
Phelps Derek -- Meridian Title Company
Truecraft Construction Llc -- None Listed On Document
Truecraft Construction Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Derek $750,000
Previous Owner Phelps Derek $580,000
Previous Owner Truecraft Construction Llc $201,737
Previous Owner Truecraft Construction Llc $247,860
Previous Owner Arkhio Llc $118,333
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 $3,492 $427,020 $0 $0
2023 $1,357 $178,400 $0 $0
2022 $1,494 $190,200 $190,200 $0
2021 $0 $111,900 $111,900 $0
Source: Public Records

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