NOT LISTED FOR SALE

1777 Somerset Ridge Draper, UT 84020

Estimated Value: $2,203,000 - $2,498,000

6 Beds
6 Baths
7,585 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 1777 Somerset Ridge, Draper, UT 84020 and is currently estimated at $2,321,623, approximately $306 per square foot. 1777 Somerset Ridge 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
Jun 17, 2021
Sold by
Hodlmair Jeff Scott and Hodlmair Carrie Plett
Bought by
Hodlmair Jeff S and Hodlmair Camie P
Current Estimated Value
$2,321,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$330,416
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,901,852

Purchase Details

Closed on
May 22, 2019
Sold by
Hodlmair Jeff and Hodlmair Camie
Bought by
Hodlmair Jeff S and Hodlmair Camie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2019
Sold by
The Rodich Family Trust
Bought by
Hodlmair Jeff and Hodlmair Camie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Smith Lisa F
Bought by
Rodich Michael J and Rodich Jana Atkinson

Purchase Details

Closed on
Dec 15, 2006
Sold by
Smith Lisa F
Bought by
Smith Lisa F

Purchase Details

Closed on
Nov 29, 2006
Sold by
Smith Layne A and Smith Lisa F
Bought by
Smith Lisa F

Purchase Details

Closed on
Jul 6, 2005
Sold by
Smith Lisa F
Bought by
Layne A & Lisa F Smith Revocable Trust

Purchase Details

Closed on
Jun 27, 2003
Sold by
Smith Layne A
Bought by
Smith Lisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Elk Ridge Development Inc
Bought by
Smith Layne A and Smith Lisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,600
Interest Rate
5.75%
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
Hodlmair Jeff S -- Truly Title Inc
Hodlmair Jeff Scott -- Truly Title Inc
Hodlmair Jeff S -- Accommodation
Hodlmair Jeff -- Gt Title Services Slc
Rodich Michael J -- Inwest Title Services
Smith Lisa F -- None Available
Smith Lisa F -- Accommodation
Layne A & Lisa F Smith Revocable Trust -- --
Smith Lisa F -- --
Smith Layne A -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodlmair Jeff S $360,000
Open Hodlmair Jeff Scott $996,500
Closed Hodlmair Jeff $600,300
Closed Hodlmair Jeff $385,950
Previous Owner Rodich Michael J $944,000
Previous Owner Rodich Michael J $850,000
Previous Owner Rodich Michael J $752,500
Previous Owner Smith Layne A $739,600
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 $10,094 $1,914,200 $380,900 $1,533,300
2022 $9,734 $1,782,800 $373,400 $1,409,400
2021 $8,572 $1,341,100 $326,800 $1,014,300
2020 $8,270 $1,226,500 $309,300 $917,200
2019 $7,790 $1,129,000 $296,300 $832,700
2018 $7,576 $1,122,000 $296,300 $825,700
2017 $6,780 $962,000 $296,300 $665,700
2016 $6,604 $910,600 $267,000 $643,600
2015 -- $911,800 $277,700 $634,100
2014 $6,977 $870,200 $269,700 $600,500
Source: Public Records

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