1431 S 550 E Orem, UT 84097
Hillcrest NeighborhoodEstimated Value: $400,065
Studio
--
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
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
$427,605
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
$204,000
Interest Rate
5.37%
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
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Home Values in the Area
Average Home Value in this Area
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 | $204,000 | |
| Previous Owner | Woodward Fremont | $230,000 |
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 |
|---|---|---|---|---|
| 2025 | $2,218 | $244,100 | $57,600 | $186,500 |
| 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
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