NOT LISTED FOR SALE

1957 Terrace Dr Orem, UT 84097

Cherry Hill Neighborhood

Estimated Value: $599,000 - $675,000

5 Beds
3 Baths
3,200 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 1957 Terrace Dr, Orem, UT 84097 and is currently estimated at $633,319, approximately $197 per square foot. 1957 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
May 26, 2021
Sold by
Watts Robert P and Watts Elaine P
Bought by
Asuao Kelcey
Current Estimated Value
$635,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$426,610
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$206,709

Purchase Details

Closed on
Sep 6, 2016
Sold by
Jeppson Cozette
Bought by
Watts Robert P and Watts Elaine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Jeppson Keith S and Jeppson Cozette S
Bought by
Jeppson Keith S and Jeppson Cozette

Purchase Details

Closed on
Apr 29, 2003
Sold by
Jeppson Keith S and Jeppson Cozette
Bought by
Jeppson Keith S and Jeppson Cozette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1998
Sold by
Jeppson Keith S and Jeppson Cozette
Bought by
Jeppson Keith S and Jeppson Cozette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.11%

Purchase Details

Closed on
Dec 18, 1996
Sold by
Rollins Wyla C
Bought by
Jeppson Keith and Jeppson Cozette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Asuao Kelcey -- Pinnacle Title
Watts Robert P -- Provo Land Title Co
Jeppson Keith S -- None Available
Jeppson Keith S -- Backman Stewart Title Servi
Jeppson Keith S -- Backman Stewart Title Servi
Jeppson Keith S -- Empire Land Title Inc
Jeppson Keith S -- --
Jeppson Keith -- Timp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asuao Kelcey $472,500
Previous Owner Watts Robert P $327,750
Previous Owner Jeppson Keith S $82,300
Previous Owner Jeppson Keith S $89,000
Previous Owner Jeppson Keith $205,000
Closed Jeppson Keith $22,250
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 $2,432 $332,970 -- --
2024 $2,432 $297,330 $0 $0
2023 $2,218 $291,555 $0 $0
2022 $2,138 $272,250 $0 $0
2021 $1,998 $385,400 $127,000 $258,400
2020 $1,860 $352,500 $101,600 $250,900
2019 $1,700 $335,100 $88,000 $247,100
2018 $1,761 $331,700 $84,600 $247,100
2017 $1,611 $162,525 $0 $0
2016 $1,745 $162,360 $0 $0
2015 $1,751 $154,055 $0 $0
2014 $1,736 $152,020 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Cherry Hill

1957 Terrace Dr, Orem, UT

Not Listed for Sale

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