NOT LISTED FOR SALE

1940 Terrace Dr Orem, UT 84097

Cherry Hill Neighborhood

Estimated Value: $696,000 - $797,000

6 Beds
4 Baths
5,594 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 1940 Terrace Dr, Orem, UT 84097 and is currently estimated at $735,140, approximately $131 per square foot. 1940 Terrace Dr is a home located in Utah County with nearby schools including Cherry Hill Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2011
Sold by
Wilcox Roger R and Wilcox Moana E
Bought by
Patterson James E and Patterson Emily R
Current Estimated Value
$735,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2010
Sold by
Wilcox Roger R and Wilcox Moana E
Bought by
Wilcox Roger R and Wilcox Moana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Wilcox Roger R and Wilcox Moana E
Bought by
Wilcox Roger R and Wilcox Moana E

Purchase Details

Closed on
Jan 22, 2001
Sold by
Wilcox Roger R and Wilcox Moana E
Bought by
Wilcox Roger and Wilcox Moana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
7.41%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Wilcox Roger R and Wilcox Moana E
Bought by
Wilcox Roger R and Wilcox Moana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,550
Interest Rate
8.01%
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
Patterson James E -- Preferred Title & Escrow In
Wilcox Roger R -- Utah Commercial Title
Wilcox Roger R -- Titlewriters Inc
Wilcox Roger -- Titlewriters Inc
Wilcox Roger R -- Titlewriters Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson James E $75,000
Open Patterson James E $375,000
Closed Patterson James E $60,000
Closed Patterson James E $250,000
Closed Patterson James E $10,000
Closed Patterson James E $219,000
Previous Owner Wilcox Roger R $303,000
Previous Owner Wilcox Roger R $341,924
Previous Owner Wilcox Roger R $140,000
Previous Owner Wilcox Roger R $100,000
Previous Owner Wilcox Roger $263,500
Previous Owner Wilcox Roger R $257,550
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 $3,058 $373,890 $0 $0
2023 $2,777 $364,980 $0 $0
2022 $2,689 $342,320 $0 $0
2021 $2,492 $480,500 $166,900 $313,600
2020 $2,311 $438,000 $133,500 $304,500
2019 $2,082 $410,400 $115,700 $294,700
2018 $2,077 $391,200 $111,300 $279,900
2017 $2,007 $202,510 $0 $0
2016 $2,177 $202,510 $0 $0
2015 $2,179 $191,730 $0 $0
2014 $2,142 $187,550 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Cherry Hill

1940 Terrace Dr, Orem, UT

This home is located at 1940 Terrace Dr, Orem, UT 84097 and is currently estimated at $735,140, approximately $131 per square foot. 1940 Terrace Dr is a home located in Utah County with nearby schools including Cherry Hill Elementary School, Lakeridge Jr High School, and Mountain View High School.

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.

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