NOT LISTED FOR SALE

222 N 550 E Orem, UT 84097

Cascade Neighborhood

Estimated Value: $499,000 - $551,787

6 Beds
3 Baths
2,648 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 222 N 550 E, Orem, UT 84097 and is currently estimated at $526,697, approximately $198 per square foot. 222 N 550 E is a home located in Utah County with nearby schools including Cascade Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Merlam Nielsen Revocable Trust and Nielsen Alan Wade
Bought by
Beck Jason and Beck Stefnie Kim
Current Estimated Value
$526,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,500
Outstanding Balance
$382,361
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$144,336

Purchase Details

Closed on
Mar 16, 2020
Sold by
Nielsen Meriam
Bought by
Nielsen Meriam and Meriam Nielsen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2020
Sold by
Nielsen Meriam
Bought by
Nielsen Meriam and Meriam Nielsen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Sold by
Nielsen Alan R and Nielsen Meriam
Bought by
Nielsen Meriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Beck Jason -- Prospect Title
Nielsen Meriam -- Meridian Title Company
Nielsen Meriam -- Meridian Title Company
Nielsen Meriam -- None Available
Nielsen Meriam -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Jason $385,500
Previous Owner Nielsen Meriam $139,000
Previous Owner Nielsen Meriam Jackson $125,000
Previous Owner Nielsen Meriam $13,000
Previous Owner Nielsen Meriam $111,000
Previous Owner Nielsen Meriam $112,000
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
2024 $2,056 $251,350 $0 $0
2023 $1,903 $250,085 $0 $0
2022 $1,899 $241,780 $0 $0
2021 $1,761 $339,700 $149,900 $189,800
2020 $1,615 $306,000 $119,900 $186,100
2019 $1,440 $283,800 $112,500 $171,300
2018 $1,386 $261,000 $108,700 $152,300
2017 $1,326 $133,760 $0 $0
2016 $1,189 $110,605 $0 $0
2015 $1,218 $107,195 $0 $0
2014 $1,206 $105,600 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Cascade

222 N 550 E, Orem, UT

This home is located at 222 N 550 E, Orem, UT 84097 and is currently estimated at $526,697, approximately $198 per square foot. 222 N 550 E is a home located in Utah County with nearby schools including Cascade Elementary School, Canyon View Junior High School, and Orem 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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