NOT LISTED FOR SALE

1427 E 525 N Layton, UT 84040

Estimated Value: $769,000 - $867,000

5 Beds
4 Baths
4,153 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 1427 E 525 N, Layton, UT 84040 and is currently estimated at $798,681, approximately $192 per square foot. 1427 E 525 N is a home located in Davis County with nearby schools including King Elementary School, Central Davis Junior High School, and Layton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Fosmark Michael
Bought by
Fosmark Michael and Fosmark Julie
Current Estimated Value
$798,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,800
Outstanding Balance
$232,224
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$510,034

Purchase Details

Closed on
Oct 29, 2013
Sold by
Fosmark Michael and Fosmark Julie
Bought by
Fosmark Michael and Fosmark Julie

Purchase Details

Closed on
Feb 7, 2007
Sold by
Vincent Drake
Bought by
Fosmark Michael and Fosmark Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,280
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2005
Sold by
Murphy David E and Murphy Barbara A
Bought by
Vincent Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,200
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 5, 1997
Sold by
Kirk Darrell G and Kirk Linda
Bought by
Murphy David E and Murphy 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
$172,000
Interest Rate
7.19%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Southridge Development Corp
Bought by
Kirk Darrell G and Kirk Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,811
Interest Rate
7.66%

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
Fosmark Michael -- Accommodation
Fosmark Michael -- First American Title
Fosmark Michael -- None Available
Fosmark Michael -- Surety Title Agency
Vincent Drake -- First American Title
Murphy David E -- First American Title Co
Kirk Darrell G -- Bonneville Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fosmark Michael $259,800
Closed Fosmark Michael $316,000
Closed Fosmark Michael $341,500
Closed Fosmark Michael $343,280
Previous Owner Vincent Drake $257,200
Previous Owner Murphy David E $172,000
Previous Owner Kirk Darrell G $674,811
Closed Kirk Darrell G $175,000
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 $4,041 $388,301 $168,009 $220,292
2023 $4,022 $686,000 $217,074 $468,926
2022 $4,144 $386,651 $117,255 $269,396
2021 $3,968 $552,000 $179,765 $372,235
2020 $3,680 $490,000 $150,890 $339,110
2019 $3,531 $462,000 $133,624 $328,376
2018 $3,288 $432,000 $108,279 $323,721
2016 $3,241 $224,345 $56,091 $168,254
2015 $3,223 $212,025 $56,091 $155,934
2014 $3,265 $220,014 $56,091 $163,923
2013 -- $190,714 $39,755 $150,959
Source: Public Records

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