NOT LISTED FOR SALE

1620 W Highway 40 Vernal, UT 84078

Estimated Value: $1,380,538

-- Bed
-- Bath
-- Sq Ft
1.5 Acres

About This Home

This home is located at 1620 W Highway 40, Vernal, UT 84078 and is currently estimated at $1,380,538. 1620 W Highway 40 is a home located in Uintah County with nearby schools including Discovery School, Vernal Middle School, and Uintah Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2012
Sold by
Zions First National Bank
Bought by
Sunrise Vernal Llc
Current Estimated Value
$1,380,538

Purchase Details

Closed on
Jul 27, 2012
Sold by
United States Small Business Administrat
Bought by
Zions First National Bank

Purchase Details

Closed on
Apr 12, 2012
Sold by
Chungs Family Vernal Llc
Bought by
Zions First National Bank

Purchase Details

Closed on
Jun 22, 2007
Sold by
Chung Tonlam
Bought by
Chungs Family Vernal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2006
Sold by
Wilcken Larry
Bought by
Chung Tonlam

Purchase Details

Closed on
Oct 25, 2006
Sold by
Nielson Norman S and Nielson Mary W
Bought by
Chung Tonlam
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

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
Sunrise Vernal Llc -- Advanced Title
Zions First National Bank -- First American Title
Zions First National Bank -- Guardian Title Co
Chungs Family Vernal Llc -- --
Chung Tonlam -- --
Chung Tonlam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chungs Family Vernal Llc $712,000
Previous Owner Chungs Family Vernal Llc $890,000
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
2024 $10,915 $1,222,428 $429,844 $792,584
2023 $10,915 $1,164,217 $409,375 $754,842
2022 $12,630 $1,152,293 $397,451 $754,842
2021 $15,281 $1,152,293 $397,451 $754,842
2020 $14,853 $1,151,666 $400,716 $750,950
2019 $15,050 $1,151,666 $400,716 $750,950
2018 $15,070 $1,151,666 $400,716 $750,950
2017 $156 $1,222,380 $471,430 $750,950
2016 $15,378 $1,295,126 $471,430 $823,696
2015 $14,215 $1,295,126 $471,430 $823,696
2014 $14,087 $1,295,126 $471,430 $823,696
2013 $14,381 $1,295,126 $471,430 $823,696
Source: Public Records

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