NOT LISTED FOR SALE

1948 S Park Lane St W Orem, UT 84058

Cherry Hill Neighborhood

Estimated Value: $523,000 - $640,000

4 Beds
3 Baths
2,862 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 1948 S Park Lane St W, Orem, UT 84058 and is currently estimated at $581,017, approximately $203 per square foot. 1948 S Park Lane St W 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
Jun 21, 2022
Sold by
Martin and Jessica
Bought by
Thorley Samuel and Thorley Michelle
Current Estimated Value
$581,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$475,919
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$105,920

Purchase Details

Closed on
May 24, 2017
Sold by
Sorensen Lisa
Bought by
Martin Micah and Martin Jessica

Purchase Details

Closed on
Aug 25, 2008
Sold by
Gosper Donald L and Gosper Jean L
Bought by
Sorensen Ian R and Sorensen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Gosper Jean L
Bought by
Gosper Donald L and Gosper Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Brereton Lisa G
Bought by
Gosper Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1997
Sold by
Petersen Kathleen M
Bought by
Brereton Bruce G and Brereton Lisa G
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
Thorley Samuel -- Home Title
Martin Micah -- Legal Title Ins Agecy
Sorensen Ian R -- Backman
Gosper Donald L -- Barlett Title Insurance Ag
Gosper Jean L -- Bartlett Title Insurance Ag
Brereton Bruce G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorley Samuel $496,000
Previous Owner Sorensen Ian R $193,000
Previous Owner Sorensen Ian R $180,000
Previous Owner Gosper Donald L $35,000
Previous Owner Gosper Jean L $105,000
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
2025 $2,243 $507,500 $209,800 $297,700
2024 $2,243 $274,230 $0 $0
2023 $2,057 $270,380 $0 $0
2022 $1,994 $253,880 $0 $0
2021 $1,843 $355,500 $125,300 $230,200
2020 $1,708 $323,700 $100,200 $223,500
2019 $1,521 $299,700 $86,900 $212,800
2018 $1,515 $285,300 $83,500 $201,800
2017 $1,072 $133,650 $0 $0
2016 $1,078 $125,620 $0 $0
2015 $1,346 $118,415 $0 $0
2014 $1,282 $112,310 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Cherry Hill

1948 S Park Lane St W, Orem, UT

This home is located at 1948 S Park Lane St W, Orem, UT 84058 and is currently estimated at $581,017, approximately $203 per square foot. 1948 S Park Lane St W 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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