NOT LISTED FOR SALE

12248 S Cypress Point Way Draper, UT 84020

Estimated Value: $1,193,000 - $1,396,000

5 Beds
3 Baths
4,550 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 12248 S Cypress Point Way, Draper, UT 84020 and is currently estimated at $1,264,876, approximately $277 per square foot. 12248 S Cypress Point Way is a home located in Salt Lake County with nearby schools including Draper Park Middle School, Corner Canyon High School, and Summit Academy - Draper Elementary Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Preite Robert A and Preite Barbra A
Bought by
Preite Robert Arthur and Preite Barbara Ann
Current Estimated Value
$1,264,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$216,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$987,762

Purchase Details

Closed on
Mar 4, 2014
Sold by
Preite Barbara A
Bought by
Preite Barbara Ann

Purchase Details

Closed on
Aug 7, 2002
Sold by
Marvin Larry and Marvin Cheryl
Bought by
Preite Robert A and Preite Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Wilson Richard W and Wilson Laurie Jo
Bought by
Marvin Larry and Marvin Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.96%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 1999
Sold by
Paul W Hamilton & Co Inc
Bought by
Wilson Richard W and Wilson Laurie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Hamilton & Company
Bought by
Paul W Hamilton & Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.78%
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
Preite Robert Arthur -- Utah First Title Ins Agcy
Preite Barbara Ann -- Accommodation
Preite Robert A -- Landmark Title
Marvin Larry -- Associated Title
Wilson Richard W -- Equity Title
Paul W Hamilton & Co Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preite Robert Arthur $258,000
Previous Owner Preite Robert A $62,249
Previous Owner Preite Robert A $317,200
Previous Owner Preite Robert A $327,000
Previous Owner Preite Robert A $100,000
Previous Owner Preite Robert A $284,000
Previous Owner Marvin Larry $155,000
Previous Owner Wilson Richard W $280,000
Previous Owner Paul W Hamilton & Co Inc $266,000
Closed Preite Robert A $25,000
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
2023 $5,072 $961,800 $245,600 $716,200
2022 $5,177 $948,200 $240,800 $707,400
2021 $4,682 $732,600 $209,400 $523,200
2020 $4,623 $685,700 $192,200 $493,500
2019 $4,676 $677,700 $181,300 $496,400
2018 $4,480 $663,500 $181,300 $482,200
2017 $4,131 $586,200 $181,300 $404,900
2016 $3,951 $544,800 $181,300 $363,500
2015 $4,047 $516,700 $192,200 $324,500
2014 $3,943 $491,800 $186,800 $305,000
Source: Public Records

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