NOT LISTED FOR SALE

1431 S 550 E Orem, UT 84097

Hillcrest Neighborhood

Estimated Value: $400,065

-- Bed
-- Bath
1,863 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 1431 S 550 E, Orem, UT 84097 and is currently priced at $400,065, approximately $214 per square foot. 1431 S 550 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Kirk Law Goup Pllc
Bought by
Hope Holdings Llc
Current Estimated Value
$400,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Outstanding Balance
$444,069
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Jlh Community Properties Llc
Bought by
Kirk Law Group P Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2018
Sold by
Balanced Rock Properties Llc
Bought by
Jhl Community Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2009
Sold by
Brown L Scott
Bought by
Balanced Rock Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2009
Sold by
Woodward Fremont
Bought by
Brown L Scott

Purchase Details

Closed on
Apr 10, 2008
Sold by
Woodward Fremont
Bought by
Taylor Office Llc

Purchase Details

Closed on
Aug 16, 2006
Sold by
Woodward Fremont
Bought by
Brown L Scott and Woodward Fremont

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hunsaker Properties Llc
Bought by
Woodward Fremont

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.57%
Mortgage Type
Commercial

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

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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
Hope Holdings Llc -- Us Title Insurance Agency
Kirk Law Group P Llc -- Real Advantage Ttl Ins Agcy
Jhl Community Properties Llc -- First United West Title
Balanced Rock Properties Llc -- Equity Title Union Park
Brown L Scott -- Utah Title & Abstract
Taylor Office Llc -- Charger Title
Brown L Scott -- First American Title Agency
Woodward Fremont -- First American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Holdings Llc $502,500
Previous Owner Kirk Law Group P Llc $352,500
Previous Owner Jhl Community Properties Llc $157,500
Previous Owner Balanced Rock Properties Llc $168,000
Previous Owner Balanced Rock Properties Llc $204,000
Previous Owner Balanced Rock Properties Llc $163,200
Previous Owner Woodward Fremont $230,000
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 $1,965 $271,200 $0 $0
2023 $1,965 $258,300 $0 $0
2022 $1,854 $236,100 $54,800 $181,300
2021 $2,226 $236,100 $54,800 $181,300
2020 $1,949 $203,200 $49,300 $153,900
2019 $1,875 $203,200 $43,800 $159,400
2018 $1,962 $203,200 $43,800 $159,400
2017 $1,930 $194,700 $0 $0
2016 $2,093 $194,700 $0 $0
2015 $2,213 $194,700 $0 $0
2014 $1,920 $168,100 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Hillcrest

1431 S 550 E, Orem, UT

Homes for Sale in Orem, UT

This home is located at 1431 S 550 E, Orem, UT 84097 and is currently priced at $400,065, approximately $214 per square foot. 1431 S 550 E is a home located in Utah County with nearby schools including Centennial Elementary, Lakeridge Jr 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.