NOT LISTED FOR SALE

1708 E Somerlin Dr Draper, UT 84020

Estimated Value: $1,199,000 - $1,314,000

5 Beds
5 Baths
4,361 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 1708 E Somerlin Dr, Draper, UT 84020 and is currently estimated at $1,268,683, approximately $290 per square foot. 1708 E Somerlin Dr is a home located in Salt Lake County with nearby schools including Draper Park Middle School, Corner Canyon High School, and Summit Academy - Draper Elementary Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Santhanakrishnan Venkatesh and Selvaraj Sathiya Hema
Bought by
Santhanakrishnan Venkatesh
Current Estimated Value
$1,268,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,500
Outstanding Balance
$401,823
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$866,860

Purchase Details

Closed on
Mar 30, 2020
Sold by
Santhanakrishnan Venkatesh and Selvaraj Sathiya Hema
Bought by
Santhanakrishnan Venkatesh and Selvaraj Sathiya Hema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2015
Sold by
Ursenbach Tamara and Coleman Shelley R
Bought by
Santhanakrishanan Venkatesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,443
Interest Rate
3.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2010
Sold by
Horak Richard G
Bought by
Horak Richard G

Purchase Details

Closed on
Dec 5, 2007
Sold by
Johnson Thomas Alan and Johnson Brenda C
Bought by
Horak Richard G and Horak Della Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Johnson Thomas A and Johnson Brenda
Bought by
Johnson Thomas Alan and Johnson Brenda C

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
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2005
Sold by
Elk Ridge Development Inc
Bought by
Johnson Thomas A and Johnson Brenda

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
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

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
Santhanakrishnan Venkatesh -- Reltco Inc
Santhanakrishnan Venkatesh -- None Available
Santhanakrishanan Venkatesh -- Bay National Title Co
Horak Richard G -- Landmark Title
Horak Richard G -- Landmark Title
Johnson Thomas Alan -- --
Johnson Thomas A -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santhanakrishnan Venkatesh $60,000
Open Santhanakrishnan Venkatesh $448,500
Closed Santhanakrishnan Venkatesh $448,000
Closed Santhanakrishnan Venkatesh $80,000
Closed Santhanakrishanan Venkatesh $91,443
Closed Santhanakrishanan Venkatesh $417,000
Previous Owner Horak Richard G $160,000
Previous Owner Johnson Thomas A $320,000
Previous Owner Elk Ridge Developments Inc $5,500,000
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 $5,496 $1,042,200 $346,000 $696,200
2022 $5,658 $1,036,200 $339,200 $697,000
2021 $4,677 $731,800 $296,800 $435,000
2020 $4,688 $695,300 $280,900 $414,400
2019 $4,745 $687,700 $269,100 $418,600
2018 $4,436 $657,000 $269,100 $387,900
2017 $4,171 $591,800 $269,100 $322,700
2016 $4,070 $561,200 $242,500 $318,700
2015 $4,516 $576,600 $269,200 $307,400
2014 $4,436 $553,300 $261,900 $291,400
Source: Public Records

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