NOT LISTED FOR SALE

1241 Bear Hollow Ln Unit ERM06 Elk Ridge, UT 84651

Estimated Value: $647,000 - $699,000

3 Beds
3 Baths
3,392 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 1241 Bear Hollow Ln Unit ERM06, Elk Ridge, UT 84651 and is currently estimated at $674,234, approximately $198 per square foot. 1241 Bear Hollow Ln Unit ERM06 is a home located in Utah County with nearby schools including Mt. Loafer Elementary School, Valley View Middle School, and Salem Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Adams Penelope and Werre Margaret
Bought by
Adams Penelope
Current Estimated Value
$674,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$314,857
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$356,671

Purchase Details

Closed on
Jan 22, 2024
Sold by
Foote Charles Lewis and Foote Colleen Cannon
Bought by
Adams Penelope and Werre Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Foote Charles Lewis
Bought by
Foote Charles Lewis and Foote Colleen Cannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2020
Sold by
Bylund Jennifer and Bylund Johny
Bought by
Foote Charles Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Salisbury Developers Inc
Bought by
Bylund Jennifer and Bylund Johny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,091
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Homes By Harmony Inc
Bought by
Salisbury Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,091
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Proficio Bank
Bought by
Homes By Harmony Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 27, 2008
Sold by
Elkridge Mangers Llc
Bought by
Proficio Bank

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Adams Penelope -- Truly Title
Penelope Jane Adams Trust -- Truly Title
Adams Penelope -- Truly Title
Adams Penelope -- Inwest Title
Foote Charles Lewis -- Key Land Title
Foote Charles Lewis -- Eagle Pointe Title Ins Agcy
Bylund Jennifer -- None Available
Salisbury Developers Inc -- Provo Land Title Company
Homes By Harmony Inc -- Metro National Title
Proficio Bank $1,042,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Penelope $316,000
Closed Adams Penelope $316,000
Previous Owner Adams Penelope $617,500
Previous Owner Foote Charles Lewis $418,000
Previous Owner Foote Charles Lewis $399,000
Previous Owner Bylund Jennifer $195,800
Previous Owner Bylund Jennifer $221,091
Previous Owner Salisbury Developers Inc $168,800
Previous Owner Elk Ridge Managers Llc $1,500,000
Previous Owner Elkridge Managers Llc $1,042,000
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 $2,893 $297,220 $0 $0
2023 $2,887 $297,440 $0 $0
2022 $3,259 $330,440 $0 $0
2021 $2,714 $425,500 $125,700 $299,800
2020 $2,385 $362,800 $109,300 $253,500
2019 $2,177 $337,600 $104,500 $233,100
2018 $2,133 $316,700 $97,500 $219,200
2017 $2,085 $165,275 $0 $0
2016 $1,988 $153,780 $0 $0
2015 $1,799 $136,455 $0 $0
2014 $1,607 $122,540 $0 $0
Source: Public Records

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