NOT LISTED FOR SALE

1237 E 1040 N Orem, UT 84097

Old Orchard Neighborhood

Estimated Value: $909,000 - $1,195,000

4 Beds
4 Baths
4,263 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1237 E 1040 N, Orem, UT 84097 and is currently estimated at $1,014,990, approximately $238 per square foot. 1237 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
Oct 9, 2007
Sold by
Clark Jay Austin and Clark Jill Faldmo
Bought by
Clark Jay A and Clark Jill F
Current Estimated Value
$1,014,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 9, 2001
Sold by
Peterson Stephen B and Peterson Rebecca A
Bought by
Clark Jay Austin and Clark Jill Faldmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,400
Interest Rate
5.87%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Quantum Construction & Development Lc
Bought by
Peterson Stephen B and Peterson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
7.83%
Mortgage Type
Construction

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
Clark Jay A -- Eagle Pointe Title Insuranc
Clark Jay Austin -- Title West Title Co
Peterson Stephen B -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Jay A $340,000
Closed Clark Jay A $390,000
Closed Clark Jay A $480,000
Closed Clark Jay A $579,000
Closed Clark Jay Austin $107,500
Closed Clark Jay Austin $444,400
Previous Owner Peterson Stephen B $308,500
Closed Clark Jay Austin $83,350
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 $4,158 $508,475 $0 $0
2023 $3,954 $519,640 $0 $0
2022 $4,159 $529,485 $0 $0
2021 $3,979 $767,400 $244,100 $523,300
2020 $3,750 $710,700 $212,300 $498,400
2019 $3,333 $657,000 $212,300 $444,700
2018 $3,348 $630,400 $212,300 $418,100
2017 $3,085 $311,245 $0 $0
2016 $3,230 $300,465 $0 $0
2015 $3,415 $300,465 $0 $0
2014 $3,359 $294,195 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Old Orchard

1237 E 1040 N, Orem, UT

Homes for Sale in Orem, UT

This home is located at 1237 E 1040 N, Orem, UT 84097 and is currently estimated at $1,014,990, approximately $238 per square foot. 1237 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.