NOT LISTED FOR SALE

1588 S 705 E Unit 22 Orem, UT 84097

Hillcrest Neighborhood

Estimated Value: $437,000 - $510,440

1 Bed
2 Baths
2,881 Sq Ft
$170/Sq Ft Est. Value

About This Home

This home is located at 1588 S 705 E Unit 22, Orem, UT 84097 and is currently estimated at $490,860, approximately $170 per square foot. 1588 S 705 E Unit 22 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
Sep 13, 2023
Sold by
We Bougth It 2 Llc
Bought by
We Bougth It 2 Llc
Current Estimated Value
$490,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,400
Outstanding Balance
$388,764
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$117,777

Purchase Details

Closed on
Aug 30, 2023
Sold by
Reyes Gerardo Hernandez
Bought by
We Bougth It 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,400
Outstanding Balance
$388,764
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$117,777

Purchase Details

Closed on
Aug 25, 2023
Sold by
Sipherd Family Trust
Bought by
Reyes Gerardo Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,400
Outstanding Balance
$388,764
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$117,777

Purchase Details

Closed on
Jun 12, 2023
Sold by
Sipherd John W
Bought by
Sipherd Family Trust

Purchase Details

Closed on
Aug 10, 2010
Sold by
Sipherd John W and Sipherd Janice T
Bought by
Sipherd John W and Sipherd Janice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2010
Sold by
Sipherd John W and Sipherd Janice T
Bought by
Sipherd John W and Sipherd Janice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,220
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Murray Scott
Bought by
Sipherd John W and Sipherd Janice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
We Bougth It 2 Llc -- Real Advantage Title
We Bougth It 2 Llc -- Real Advantage Title
Reyes Gerardo Hernandez -- Real Advantage Title
Sipherd Family Trust -- Real Advantage Title
Sipherd John W -- Wasatch Title Insurance Age
Sipherd John W -- None Available
Sipherd John W -- Morgan Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Gerardo Hernandez $394,400
Previous Owner Sipherd John W $20,000
Previous Owner Sipherd John W $173,000
Previous Owner Sipherd John W $168,220
Previous Owner Sipherd John W $170,250
Previous Owner Murray Scott $2,261,475
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 $2,155 $263,505 $0 $0
2023 $2,062 $271,040 $0 $0
2022 $654 $263,560 $0 $0
2021 $466 $363,000 $85,000 $278,000
2020 $1,170 $336,100 $85,000 $251,100
2019 $1,547 $305,000 $85,000 $220,000
2018 $1,502 $282,900 $85,000 $197,900
2017 $1,542 $155,595 $0 $0
2016 -- $126,555 $0 $0
2015 $119 $120,395 $0 $0
2014 $1,250 $109,450 $0 $0
Source: Public Records

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