1941 Terrace Dr Orem, UT 84097
Cherry Hill NeighborhoodEstimated Value: $555,432 - $610,000
4
Beds
3
Baths
2,216
Sq Ft
$259/Sq Ft
Est. Value
About This Home
This home is located at 1941 Terrace Dr, Orem, UT 84097 and is currently estimated at $573,358, approximately $258 per square foot. 1941 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
Aug 27, 2018
Sold by
West Jan and Weyer Jan C
Bought by
West Jan Cooper and Jan West Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Nov 23, 2005
Sold by
Wilkes Jan C and Weyer Jan C
Bought by
Weyer Jan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$68,615
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
Estimated Equity
$504,743
Purchase Details
Closed on
Aug 8, 2002
Sold by
Wilkes Russell L
Bought by
Weyer Jan C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West Jan Cooper | -- | None Available | |
| Weyer Jan C | -- | Premier Title Insurance Age | |
| Weyer Jan C | -- | Title West Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weyer Jan C | $125,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,272 | $294,250 | -- | -- |
| 2024 | $2,272 | $277,805 | $0 | $0 |
| 2023 | $2,121 | $278,795 | $0 | $0 |
| 2022 | $2,098 | $267,080 | $0 | $0 |
| 2021 | $1,959 | $377,700 | $125,300 | $252,400 |
| 2020 | $1,821 | $345,200 | $100,200 | $245,000 |
| 2019 | $1,684 | $331,900 | $86,900 | $245,000 |
| 2018 | $1,574 | $296,500 | $83,500 | $213,000 |
| 2017 | $1,428 | $144,100 | $0 | $0 |
| 2016 | $1,511 | $140,580 | $0 | $0 |
| 2015 | $1,444 | $127,050 | $0 | $0 |
| 2014 | $1,351 | $118,305 | $0 | $0 |
Source: Public Records
Map
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