NOT LISTED FOR SALE

1497 S 1020 E Unit 4 Orem, UT 84097

Hillcrest Neighborhood

Estimated Value: $2,073,000 - $3,711,346

5 Beds
7 Baths
6,045 Sq Ft
$478/Sq Ft Est. Value

About This Home

This home is located at 1497 S 1020 E Unit 4, Orem, UT 84097 and is currently estimated at $2,892,173, approximately $478 per square foot. 1497 S 1020 E Unit 4 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
Aug 7, 2025
Sold by
Carlson Michael J and Carlson Elyse L
Bought by
Michael And Elyse Carlson Family Trust and Carlson
Current Estimated Value
$2,892,173

Purchase Details

Closed on
Apr 28, 2017
Sold by
Carlson Michael J and Carlson Elyse L
Bought by
Carlson Michael J and Carlson Elyse L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2016
Sold by
Open Range Llc
Bought by
Carlson Michael J and Carlson Elyse L
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Michael And Elyse Carlson Family Trust -- None Listed On Document
Carlson Michael J -- Inwest Title
Carlson Michael J -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson Michael J $2,325,000
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 $12,308 $3,192,000 $510,700 $2,681,300
2024 $12,308 $1,504,965 $0 $0
2023 $10,744 $1,412,015 $0 $0
2022 $10,214 $1,300,530 $0 $0
2021 $9,923 $1,913,700 $471,400 $1,442,300
2020 $9,697 $1,837,900 $409,900 $1,428,000
2019 $8,178 $1,611,800 $409,900 $1,201,900
2018 $5,149 $969,600 $393,400 $576,200
2017 $3,777 $381,000 $0 $0
2016 $3,273 $397,500 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Hillcrest

1497 S 1020 E Unit 4, Orem, UT

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.

Nearby Homes