NOT LISTED FOR SALE

1892 Somerset Ridge Dr Draper, UT 84020

Estimated Value: $1,396,000 - $1,607,000

5 Beds
5 Baths
3,104 Sq Ft
$491/Sq Ft Est. Value

About This Home

This home is located at 1892 Somerset Ridge Dr, Draper, UT 84020 and is currently estimated at $1,525,577, approximately $491 per square foot. 1892 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
Mar 9, 2023
Sold by
Marchant Douglas
Bought by
Douglas And Heather Marchant Family Trust
Current Estimated Value
$1,525,577

Purchase Details

Closed on
Dec 12, 2022
Sold by
Beadles Brad D
Bought by
Marchant Douglas and Marchant Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2016
Sold by
Beadles Brad Dae and Beadles Jill Rae
Bought by
Beadles Brad D and Beadles Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Herrman Kevin and Herrman Beverly
Bought by
Beadles Brad Dae and Beadles Jill Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Herrmann Kevin P and Herrmann Beverly K
Bought by
Herrmann Kevin and Herrmann Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Sheehan Terence M and Sheehan Mutsuko Y
Bought by
Herrmann Kevin P and Herrmann Beverly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,800
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Elk Ridge Development Inc
Bought by
Sheehan Terence M and Sheehan Mutsuko Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.86%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Douglas And Heather Marchant Family Trust -- Access Title
Marchant Douglas -- Metro Title & Escrow
Beadles Brad D -- Landmark Title
Beadles Brad Dae -- First American Title
Herrmann Kevin -- Founders Title
Herrmann Kevin P -- First American Title
Sheehan Terence M -- Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas $879,703
Previous Owner Marchant Douglas $1,100,000
Previous Owner Beadles Brad D $501,000
Previous Owner Beadles Brad D $511,350
Previous Owner Beadles Brad D $525,000
Previous Owner Beadles Brad Dae $417,000
Previous Owner Herrmann Kevin $32,500
Previous Owner Herrmann Kevin $520,000
Previous Owner Herrmann Kevin P $582,800
Previous Owner Sheehan Terence M $285,000
Closed Sheehan Terence M $50,000
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 $6,290 $1,200,900 $396,500 $804,400
2022 $6,220 $1,139,300 $388,800 $750,500
2021 $5,812 $909,300 $324,000 $585,300
2020 $5,693 $844,400 $321,600 $522,800
2019 $5,735 $831,100 $319,300 $511,800
2018 $5,108 $756,500 $282,300 $474,200
2017 $5,153 $731,100 $282,300 $448,800
2016 $5,266 $726,100 $282,300 $443,800
2015 $5,197 $663,500 $232,500 $431,000
2014 $4,778 $596,000 $218,600 $377,400
Source: Public Records

Map

Utah Salt Lake County Draper 84020

1892 Somerset Ridge Dr, Draper, UT

This home is located at 1892 Somerset Ridge Dr, Draper, UT 84020 and is currently estimated at $1,525,577, approximately $491 per square foot. 1892 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes