NOT LISTED FOR SALE

1561 N 1040 W Orem, UT 84057

Aspen Neighborhood

Estimated Value: $597,000 - $662,000

5 Beds
3 Baths
3,079 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 1561 N 1040 W, Orem, UT 84057 and is currently estimated at $618,728, approximately $200 per square foot. 1561 N 1040 W is a home located in Utah County with nearby schools including Bonneville Elementary School, Orem Junior High School, and Timpanogos High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Dotson Matthew and Dotson Peter Kent
Bought by
Dotson Matthew
Current Estimated Value
$618,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,100
Outstanding Balance
$317,184
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$289,432

Purchase Details

Closed on
Sep 26, 2018
Sold by
Doty Chad E and Doty Martha M
Bought by
Dotson Matthew and Dotson Peter Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Citifinancial Inc
Bought by
Doty Chad E and Doty Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,558
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1998
Sold by
Munson Ann M
Bought by
Bowser Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.13%

Purchase Details

Closed on
May 26, 1998
Sold by
Munson James and Munson Ann M
Bought by
Munson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.13%

Purchase Details

Closed on
Jan 10, 1997
Sold by
Munson Steve and Munson Susan
Bought by
Munson James and Munson Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dotson Matthew -- Utah First Title Insurance A
Dotson Matthew -- Vanguard Title Ins Agency Ll
Doty Chad E -- Empire Land Title Company
Bowser Robert W -- --
Munson James -- --
Bowser Robert W -- --
Munson James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotson Matthew $351,100
Closed Dotson Matthew $354,350
Previous Owner Doty Chad E $277,268
Previous Owner Doty Chad E $146,800
Previous Owner Doty Chad E $43,100
Previous Owner Doty Chad E $151,558
Previous Owner Bowser Robert W $142,500
Previous Owner Munson James $10,000
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 $2,260 $520,000 $205,500 $314,500
2024 $2,260 $276,320 $0 $0
2023 $2,156 $283,360 $0 $0
2022 $2,130 $271,260 $0 $0
2021 $1,985 $382,800 $160,500 $222,300
2020 $1,827 $346,300 $128,400 $217,900
2019 $1,613 $317,900 $128,400 $189,500
2018 $1,555 $292,900 $117,400 $175,500
2017 $1,510 $152,350 $0 $0
2016 $1,505 $140,030 $0 $0
2015 $1,422 $125,125 $0 $0
2014 $1,390 $121,770 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84057 Aspen

1561 N 1040 W, Orem, UT

This home is located at 1561 N 1040 W, Orem, UT 84057 and is currently estimated at $618,728, approximately $200 per square foot. 1561 N 1040 W is a home located in Utah County with nearby schools including Bonneville Elementary School, Orem Junior High School, and Timpanogos High School.

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.

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