NOT LISTED FOR SALE

1506 Madrid Way Sandy, UT 84093

Estimated Value: $612,100 - $649,000

4 Beds
3 Baths
1,831 Sq Ft
$344/Sq Ft Est. Value

About This Home

This home is located at 1506 Madrid Way, Sandy, UT 84093 and is currently estimated at $629,025, approximately $343 per square foot. 1506 Madrid Way is a home located in Salt Lake County with nearby schools including Peruvian Park Elementary School, Hillcrest High School, and Union Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Schreyer Bennett
Bought by
Palmer Ryan and Palmer Ashley
Current Estimated Value
$629,025

Purchase Details

Closed on
Jan 13, 2006
Sold by
Altawood Properties
Bought by
Schreyer Bennett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,342
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2005
Sold by
Tooman Brenda M
Bought by
Altawood Properties

Purchase Details

Closed on
Jul 3, 2002
Sold by
Phillips Brenda
Bought by
Tooman Brenda M

Purchase Details

Closed on
Aug 24, 1998
Sold by
Phillips Brenda and Wood Brenda
Bought by
Phillips Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.59%

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
Palmer Ryan -- Old Republic Ttl Draper Orem
Schreyer Bennett -- Mountain View Title
Altawood Properties -- Legacy Land Title
Tooman Brenda M -- Equity Title
Phillips Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schreyer Bennett $200,000
Previous Owner Schreyer Bennett $8,000
Previous Owner Schreyer Bennett $171,612
Previous Owner Schreyer Bennett $192,342
Previous Owner Phillips Brenda $112,000
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
2023 $2,963 $554,500 $163,100 $391,400
2022 $2,714 $499,500 $159,900 $339,600
2021 $2,341 $366,800 $143,900 $222,900
2020 $2,198 $325,000 $131,700 $193,300
2019 $1,797 $259,200 $124,200 $135,000
2018 $1,681 $253,600 $124,200 $129,400
2017 $1,676 $241,900 $124,200 $117,700
2016 $1,679 $234,200 $124,200 $110,000
2015 $1,683 $217,700 $129,200 $88,500
2014 $1,642 $208,600 $125,400 $83,200
Source: Public Records

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