NOT LISTED FOR SALE

Estimated Value: $2,920,000 - $3,659,000

4 Beds
5 Baths
5,410 Sq Ft
$583/Sq Ft Est. Value

About This Home

This home is located at 1616 E Federal Pointe Dr, Salt Lake City, UT 84103 and is currently estimated at $3,151,990, approximately $582 per square foot. 1616 E Federal Pointe Dr is a home located in Salt Lake County with nearby schools including Ensign School, West High, and Open Classroom.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Faerber Gary J and The Gary J Faerber Trust
Bought by
Lovell Paul and Lovell Heather
Current Estimated Value
$3,227,712

Purchase Details

Closed on
Feb 26, 2016
Sold by
Stange Michielle
Bought by
Faerber Gary J and The Gary J Farerber Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2014
Sold by
Smith Melissa Smart and Smith John
Bought by
Stange Michielle

Purchase Details

Closed on
Jan 5, 2011
Sold by
Smith Melissa Smart
Bought by
Smith Melissa Smart and Smith John

Purchase Details

Closed on
Jun 16, 2010
Sold by
Larsen B Dawn
Bought by
Smith John T and Smith Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Larsen B Dawn and Larsen Kurt L
Bought by
Larsen B Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.06%

Purchase Details

Closed on
Oct 1, 2001
Sold by
Larsen B Dawn
Bought by
Larsen B Dawn

Purchase Details

Closed on
Jul 21, 1998
Sold by
Watts Corp
Bought by
Larsen B Dawn and Larsen Kurt L

Purchase Details

Closed on
Nov 4, 1996
Sold by
Watts 89 Inc
Bought by
America West Title Agency

Purchase Details

Closed on
May 2, 1995
Sold by
Watts Corp
Bought by
Larsen B Dann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.47%

Purchase Details

Closed on
Nov 15, 1994
Sold by
Slager Elizabeth M
Bought by
Watts Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.91%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Slager Jonathan P
Bought by
Slager Elizabeth M
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.

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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

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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
Lovell Paul -- First American Title
Faerber Gary J -- First American Title
Stange Michielle -- First American Title
Smith Melissa Smart -- None Available
Smith Melissa Smart -- None Available
Smith John T -- Cottonwood Title
Larsen B Dawn -- First American Title
Larsen Kurt L -- First American Title
Larsen B Dawn -- --
Larsen B Dawn -- --
Larsen B Dawn -- --
Larsen B Dann -- --
Watts Corp -- --
Slager Elizabeth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faerber Gary J $1,760,000
Previous Owner Smith Melissa Smart $1,160,000
Previous Owner Smith John T $1,181,250
Previous Owner Larsen B Dawn $750,000
Previous Owner Larsen Kurt L $780,000
Previous Owner Larsen B Dann $139,500
Previous Owner Watts Corp $162,000
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 $14,008 $2,576,200 $1,001,800 $1,574,400
2022 $15,401 $2,657,500 $982,200 $1,675,300
2021 $13,252 $2,070,300 $798,500 $1,271,800
2020 $13,228 $1,967,100 $798,500 $1,168,600
2019 $16,045 $2,244,700 $784,000 $1,460,700
2018 $15,699 $2,138,900 $784,000 $1,354,900
2017 $15,790 $2,015,400 $784,000 $1,231,400
2016 $16,593 $2,011,100 $784,000 $1,227,100
2015 $14,192 $1,630,500 $773,300 $857,200
2014 $13,407 $1,527,900 $734,200 $793,700
Source: Public Records

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