NOT LISTED FOR SALE

120 W Main St American Fork, UT 84003

Estimated Value: $1,512,086

-- Bed
-- Bath
11,013 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 120 W Main St, American Fork, UT 84003 and is currently estimated at $1,512,086, approximately $137 per square foot. 120 W Main St is a home located in Utah County with nearby schools including American Fork Junior High School, American Fork High School, and Athenian eAcademy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Magna Main Properties Llc
Bought by
Avanesyan Karen
Current Estimated Value
$1,512,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,185,777
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Estimated Equity
$285,030

Purchase Details

Closed on
Dec 5, 2019
Sold by
Kazaab Inc
Bought by
Magna Main Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2013
Sold by
Mahogany Concepts and Sweat Jerry L
Bought by
Kazaab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,250
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 6, 2007
Sold by
Mahogany Concepts
Bought by
Mahogany Concepts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2003
Sold by
Allred Investments Lc
Bought by
Mahogany Concepts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.26%
Mortgage Type
Commercial
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
Avanesyan Karen -- Masters Title
Magna Main Properties Llc -- Artisan Title
Kazaab Inc -- None Available
Mahogany Concepts -- Backman
Mahogany Concepts -- Mountain View Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avanesyan Karen $1,200,000
Previous Owner Magna Main Properties Llc $487,500
Previous Owner Magna Main Properties Llc $500,000
Previous Owner Kazaab Inc $419,250
Previous Owner Mahogany Concepts $30,000
Previous Owner Mahogany Concepts $323,000
Previous Owner Sweat Jerry L $323,000
Previous Owner Mahogany Concepts $360,000
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 $8,965 $996,075 $0 $0
2023 $6,574 $774,410 $0 $0
2022 $6,199 $801,500 $519,800 $281,700
2021 $5,240 $560,000 $353,500 $206,500
2020 $5,402 $560,000 $353,500 $206,500
2019 $4,957 $531,400 $320,800 $210,600
2018 $4,778 $489,800 $305,600 $184,200
2017 $4,591 $431,515 $0 $0
2016 $4,941 $431,515 $0 $0
2015 $5,369 $444,970 $0 $0
2014 $4,988 $407,820 $0 $0
Source: Public Records

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