NOT LISTED FOR SALE

1225 E 1040 N Orem, UT 84097

Old Orchard Neighborhood

Estimated Value: $917,000 - $1,164,000

4 Beds
3 Baths
3,246 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 1225 E 1040 N, Orem, UT 84097 and is currently estimated at $1,047,140, approximately $322 per square foot. 1225 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
Nov 20, 2020
Sold by
Mabey Thomas T and Mabey Diane D
Bought by
Mabey Diane D and Diane D Mabey Revocable Trust
Current Estimated Value
$1,047,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$747,164

Purchase Details

Closed on
Oct 12, 2020
Sold by
Mabey Diane D and Diane D Mabey Revocable Trust
Bought by
Mabey Thomas T and Mabey Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$747,164

Purchase Details

Closed on
May 25, 2006
Sold by
Mabey Thomas T and Mabey Diane D
Bought by
Mabey Diane D

Purchase Details

Closed on
Dec 9, 1999
Sold by
Quantum Construction & Development Lc
Bought by
Mabey Thomas T and Mabey Diane D
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
Mabey Diane D -- Accommodation
Mabey Thomas T -- Oasis Title Llc
Mabey Diane D -- None Available
Mabey Thomas T -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Diane D Mabey Revocable Trust $100,000
Open Mabey Thomas T $220,000
Closed Mabey Diane D $250,000
Closed Mabey Diane D $50,000
Closed Mabey Diane D $238,000
Closed Mabey Thomas T $10,000
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 $4,008 $490,105 $0 $0
2023 $3,725 $489,610 $0 $0
2022 $3,569 $454,355 $0 $0
2021 $3,424 $660,400 $239,700 $420,700
2020 $3,214 $609,100 $208,400 $400,700
2019 $3,090 $609,100 $208,400 $400,700
2018 $3,079 $579,900 $208,400 $371,500
2017 $2,970 $299,640 $0 $0
2016 $3,001 $279,180 $0 $0
2015 $3,130 $275,385 $0 $0
2014 $2,867 $251,075 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Old Orchard

1225 E 1040 N, Orem, UT

This home is located at 1225 E 1040 N, Orem, UT 84097 and is currently estimated at $1,047,140, approximately $322 per square foot. 1225 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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