NOT LISTED FOR SALE

1493 S 1020 E Unit 5 Orem, UT 84097

Hillcrest Neighborhood

Estimated Value: $1,684,000 - $3,036,336

6 Beds
8 Baths
4,533 Sq Ft
$521/Sq Ft Est. Value

About This Home

This home is located at 1493 S 1020 E Unit 5, Orem, UT 84097 and is currently estimated at $2,360,168, approximately $520 per square foot. 1493 S 1020 E Unit 5 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
May 5, 2025
Sold by
Allred Jeffrey David
Bought by
Arete Trust and Allred
Current Estimated Value
$2,360,168

Purchase Details

Closed on
Mar 21, 2025
Sold by
Allred Jeffery David
Bought by
Allred Jeffrey David

Purchase Details

Closed on
Dec 12, 2017
Sold by
Allred David and Allred Maryh Larissa
Bought by
Allred Jeffery David and Allred Mary Larissa

Purchase Details

Closed on
Jan 4, 2017
Sold by
Allred David
Bought by
Allfred David and Allfred Mary Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2016
Sold by
Dla Real Estate Llc
Bought by
Allred David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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
Arete Trust -- None Listed On Document
Allred Jeffrey David -- None Listed On Document
Allred Jeffery David -- None Available
Allfred David -- First Title Insurance Agency
Allred David -- Utah First Title Ins Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allfred David $2,000,000
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
2025 $10,585 $2,770,200 $573,700 $2,196,500
2024 $10,585 $1,294,315 $0 $0
2023 $9,281 $1,219,735 $0 $0
2022 $8,655 $1,102,035 $0 $0
2021 $8,503 $1,639,800 $529,600 $1,110,200
2020 $8,229 $1,559,700 $460,500 $1,099,200
2019 $7,348 $1,448,200 $460,500 $987,700
2018 $7,381 $1,390,000 $441,900 $948,100
2017 $4,243 $428,000 $0 $0
2016 $4,801 $446,600 $0 $0
Source: Public Records

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