NOT LISTED FOR SALE

1318 W Midas Point Cove Riverton, UT 84065

Estimated Value: $847,000 - $1,097,148

5 Beds
5 Baths
4,832 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 1318 W Midas Point Cove, Riverton, UT 84065 and is currently estimated at $1,009,287, approximately $208 per square foot. 1318 W Midas Point Cove is a home located in Salt Lake County with nearby schools including Rosamond Elementary School, Oquirrh Hills Middle School, and Riverton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Shah Rikin M
Bought by
Shah Family Trust
Current Estimated Value
$1,009,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Outstanding Balance
$832,942
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$224,884

Purchase Details

Closed on
May 22, 2023
Sold by
Sriram Prakash
Bought by
Shah Rikin M and Shah Ruchi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Outstanding Balance
$832,942
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$224,884

Purchase Details

Closed on
May 10, 2018
Sold by
Tailor Built Homes Llc
Bought by
Sriram Prakash and Rajan Krithika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2017
Sold by
Lf The Cove Llc
Bought by
Tailor Built Hom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.3%
Mortgage Type
Construction
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

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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
Shah Family Trust -- Gt Title
Shah Rikin M -- Gt Title
Sriram Prakash -- Cottonwood Title
Tailor Built Hom Llc -- Cottonwood Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Rikin M $848,000
Previous Owner Sriram Prakash $516,100
Previous Owner Sriram Prakash $522,500
Previous Owner Sriram Prakash $528,000
Previous Owner Sriram Prakash $535,000
Previous Owner Sriram Prakash $599,000
Previous Owner Tailor Built Hom Llc $540,000
Previous Owner Lf The Cove Llc $605,000
Previous Owner Lf The Cove Llc $730,000
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 $5,222 $852,000 $253,000 $599,000
2022 $5,442 $871,100 $248,000 $623,100
2021 $4,699 $669,600 $210,300 $459,300
2020 $4,414 $586,500 $220,200 $366,300
2019 $4,348 $568,000 $216,800 $351,200
2018 $3,893 $500,700 $145,300 $355,400
2017 $2,108 $145,300 $145,300 $0
2016 $2,197 $145,300 $145,300 $0
2015 $1,786 $114,500 $114,500 $0
Source: Public Records

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