NOT LISTED FOR SALE

Estimated Value: $583,000 - $685,872

4 Beds
2 Baths
2,200 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 1996 S Lake St, Salt Lake City, UT 84105 and is currently estimated at $647,968, approximately $294 per square foot. 1996 S Lake St is a home located in Salt Lake County with nearby schools including Hawthorne Elementary School, Clayton Middle School, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Faldmo Richard
Bought by
Faldmo Richard
Current Estimated Value
$644,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$8,568
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$597,147

Purchase Details

Closed on
Sep 17, 2007
Sold by
Legacy Home Solutions Inc
Bought by
Faldmo Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2007
Sold by
Lutke I Llc
Bought by
Legacy Home Solutions Inc

Purchase Details

Closed on
Mar 22, 2004
Sold by
Luther Eric M
Bought by
Lutke I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Tenney Karl W and Tenney Lyle Ann
Bought by
Tenney Michael K

Purchase Details

Closed on
Jul 31, 2000
Sold by
Tenney Deirdre M
Bought by
Tenney Michael K

Purchase Details

Closed on
Apr 22, 1998
Sold by
Tenney Karl W and Tenney Lyle Ann
Bought by
Tenney Michael K and Tenney Deirdre M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.15%

Purchase Details

Closed on
May 14, 1996
Sold by
Dastrup Robert K
Bought by
Tenney Karl W and Tenney Lyle Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.8%
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.

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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.

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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.

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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
Faldmo Richard -- Cottonwood Title
Faldmo Richard -- Paramount Title
Legacy Home Solutions Inc -- First American Title
Lutke I Llc -- Monument Title Ins Co
Luther Eric M -- Monument Title Ins Co
Tenney Michael K -- Founders Title
Tenney Michael K -- Founders Title
Tenney Michael K -- --
Tenney Karl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faldmo Richard $20,000
Open Faldmo Richard $193,950
Closed Faldmo Richard $204,800
Closed Faldmo Richard $204,000
Previous Owner Luther Eric M $127,900
Previous Owner Tenney Michael K $148,500
Previous Owner Tenney Karl W $130,000
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 $2,706 $497,600 $189,700 $307,900
2022 $2,986 $515,300 $186,000 $329,300
2021 $2,580 $403,100 $139,500 $263,600
2020 $2,535 $376,900 $120,900 $256,000
2019 $2,546 $356,200 $111,700 $244,500
2018 $2,200 $299,700 $111,700 $188,000
2017 $2,317 $295,700 $111,700 $184,000
2016 $2,142 $259,600 $93,900 $165,700
2015 $2,193 $251,900 $79,700 $172,200
2014 $2,122 $241,800 $78,100 $163,700
Source: Public Records

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