NOT LISTED FOR SALE

220 E 705 S Salem, UT 84653

Estimated Value: $493,000 - $593,000

5 Beds
3 Baths
2,678 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 220 E 705 S, Salem, UT 84653 and is currently estimated at $528,599, approximately $197 per square foot. 220 E 705 S is a home located in Utah County with nearby schools including Foothills Elementary School, Valley View Middle School, and Salem Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2020
Sold by
Progressive Futures Llc
Bought by
Ferre Kerry Lynn and Ferre Betty Ann
Current Estimated Value
$528,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2018
Sold by
Kennedy Joseph
Bought by
Progressive Futures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2016
Sold by
Richards Matthew
Bought by
Progressive Futures Llc

Purchase Details

Closed on
Oct 23, 2015
Sold by
Richards Kristen
Bought by
Richards Matthew

Purchase Details

Closed on
Jul 16, 1999
Sold by
Hitchcock Sandra L
Bought by
Richards Matthew and Richards Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,143
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1999
Sold by
Hitchcock Sandra L and Hitchcock Ronald
Bought by
Hitchcock Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.63%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Hitchcock Sandra L and Hitchcock Ronald
Bought by
Hitchcock Sandra L

Purchase Details

Closed on
Mar 11, 1998
Sold by
Hitchcock Sandra L
Bought by
Hitchcock Sandra L and Hitchcock Ronald

Purchase Details

Closed on
Oct 3, 1997
Sold by
Davis Sandra L
Bought by
Hitchcock Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
7.54%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Ferre Kerry Lynn -- North Amer Ttl Ut Union Park
Progressive Futures Llc -- Provo Land Title Co
Kennedy Joseph -- Provo Land Title Co
Progressive Futures Llc -- Provo Land Title Co
Richards Matthew -- Provo Land Title Co
Richards Matthew -- Empire Land Title Company
Hitchcock Sandra L -- Equity Title Agency Inc
Hitchcock Ronald -- Equity Title Agency Inc
Hitchcock Sandra L -- --
Hitchcock Sandra L -- --
Hitchcock Sandra L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferre Kerry Lynn $308,750
Previous Owner Kennedy Joseph $244,000
Previous Owner Richards Matthew $134,143
Previous Owner Hitchcock Ronald $54,500
Previous Owner Hitchcock Sandra L $110,250
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 $2,420 $473,600 $181,600 $292,000
2024 $2,420 $245,410 $0 $0
2023 $2,416 $245,410 $0 $0
2022 $2,537 $253,825 $0 $0
2021 $2,060 $330,700 $105,400 $225,300
2020 $1,974 $308,300 $95,800 $212,500
2019 $1,736 $276,900 $92,100 $184,800
2018 $1,652 $251,900 $81,100 $170,800
2017 $1,654 $134,475 $0 $0
2016 $1,395 $112,090 $0 $0
2015 $1,285 $101,420 $0 $0
2014 $1,103 $87,230 $0 $0
Source: Public Records

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