NOT LISTED FOR SALE

1485 S 1020 E Unit 6 Orem, UT 84097

Hillcrest Neighborhood

Estimated Value: $1,450,000 - $2,692,601

4 Beds
8 Baths
6,173 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 1485 S 1020 E Unit 6, Orem, UT 84097 and is currently estimated at $2,135,534, approximately $345 per square foot. 1485 S 1020 E Unit 6 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
Jan 26, 2021
Sold by
Thorpe Brett Lear and Thorpe Laura W
Bought by
Thorpe Laura W and The Laura W Thorpe Trust
Current Estimated Value
$2,135,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$180,823
Interest Rate
2.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,760,369

Purchase Details

Closed on
Oct 17, 2017
Sold by
Thorpe Brett L and Thorpe Laura W
Bought by
Thorpe Laura W and The Laura W Thorpe Trust

Purchase Details

Closed on
Mar 16, 2017
Sold by
Thorpe Brett and Thorpe Laura
Bought by
Thorpe Brett L and Thorpe Laura W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,269,605
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2015
Sold by
Open Range Llc
Bought by
Thorpe Brett and Thorpe Laura

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
Thorpe Laura W -- Meridian Title Co
Thorpe Brett Lear -- Meridian Title Co
Thorpe Laura W -- Us Title Insurance Agency
Thorpe Brett L -- Us Title Insurance Agency
Thorpe Brett -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Brett Lear $200,000
Open Thorpe Laura W $1,209,108
Closed Thorpe Laura W $1,209,108
Closed Thorpe Brett L $1,269,605
Closed Thorpe Brett L $1,100,000
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 $10,676 $1,305,480 $0 $0
2023 $9,344 $1,228,040 $0 $0
2022 $8,665 $1,103,300 $0 $0
2021 $8,478 $1,635,000 $482,500 $1,152,500
2020 $8,234 $1,560,700 $419,600 $1,141,100
2019 $7,068 $1,393,100 $419,600 $973,500
2018 $6,633 $1,249,100 $402,600 $846,500
2017 $6,289 $634,425 $0 $0
2016 $4,374 $406,900 $0 $0
Source: Public Records

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