NOT LISTED FOR SALE

1866 Somerset Ridge Dr Draper, UT 84020

Estimated Value: $1,558,000 - $1,633,000

6 Beds
5 Baths
6,146 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 1866 Somerset Ridge Dr, Draper, UT 84020 and is currently estimated at $1,592,419, approximately $259 per square foot. 1866 Somerset Ridge 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
May 17, 2018
Sold by
Arburn David J and Arburn Jill B
Bought by
Tolk David H and Tolk Lisa H
Current Estimated Value
$1,592,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Elk Ridge Development Inc
Bought by
Arburn David J and Arburn Jill B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving

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
Tolk David H -- Artisan Title
Arburn David J -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolk David H $490,000
Closed Tolk David H $514,900
Closed Tolk David H $532,000
Previous Owner Arburn David J $324,100
Previous Owner Arburn David J $338,700
Previous Owner Arburn David J $200,000
Previous Owner Arburn David J $278,000
Previous Owner Arburn David J $278,000
Previous Owner Arburn David J $350,000
Previous Owner Elk Ridge Development 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 $6,611 $1,253,600 $396,500 $857,100
2022 $6,948 $1,272,500 $388,800 $883,700
2021 $6,447 $1,008,600 $324,000 $684,600
2020 $6,334 $939,400 $321,600 $617,800
2019 $6,345 $919,500 $319,300 $600,200
2018 $5,552 $835,500 $282,300 $553,200
2017 $408 $791,800 $282,300 $509,500
2016 $408 $782,200 $282,300 $499,900
2015 $235 $672,400 $232,500 $439,900
2014 $1,470 $628,000 $218,600 $409,400
Source: Public Records

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