NOT LISTED FOR SALE

Estimated Value: $430,000 - $472,000

4 Beds
2 Baths
1,824 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 1574 S 240 E, Orem, UT 84058 and is currently estimated at $450,006, approximately $246 per square foot. 1574 S 240 E is a home located in Utah County with nearby schools including Cherry Hill Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Burmood Stanley and Burmood Ilene
Bought by
Bennett Sheralyn and Bennett Christopher
Current Estimated Value
$450,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$296,829
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$141,087

Purchase Details

Closed on
Dec 14, 2012
Sold by
Burmood Stanley Morris and Burmood Ilene June
Bought by
Burmood Stanley Morris and Burmood Ilene June

Purchase Details

Closed on
Jan 5, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Burmood Stanley and Burmood Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Simms David and Simms Connie J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 9, 2009
Sold by
Simms David
Bought by
Simms Connie Jean

Purchase Details

Closed on
Jan 4, 2007
Sold by
Simms Connie J
Bought by
Simms David and Simms Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 15, 2005
Sold by
Christensen Ruth R
Bought by
Simms Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

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
Bennett Sheralyn -- Integrated Ttl Ins Svcs Llc
Burmood Stanley Morris -- None Available
Burmood Stanley -- First American Union Heig
Federal Home Loan Mortgage Corp $143,900 Etitle Insurance Agency
Simms Connie Jean -- Utah First Title Insurance
Simms David -- Sutherland Title Company
Simms Connie J -- Inwest Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Sheralyn $320,000
Previous Owner Burmood Stanley $90,400
Previous Owner Simms David $140,000
Previous Owner Simms Connie J $107,200
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 $1,723 $210,705 $0 $0
2023 $1,595 $209,660 $0 $0
2022 $1,659 $211,255 $0 $0
2021 $1,466 $282,800 $126,900 $155,900
2020 $1,334 $252,900 $101,500 $151,400
2019 $1,139 $224,400 $87,900 $136,500
2018 $1,079 $203,200 $84,500 $118,700
2017 $987 $99,550 $0 $0
2016 $930 $86,515 $0 $0
2015 $910 $80,080 $0 $0
2014 $846 $74,085 $0 $0
Source: Public Records

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