NOT LISTED FOR SALE

Estimated Value: $469,000 - $552,000

3 Beds
3 Baths
1,426 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 24 W Merrimac Ave Unit 5, Salt Lake City, UT 84115 and is currently estimated at $511,403, approximately $358 per square foot. 24 W Merrimac Ave Unit 5 is a home located in Salt Lake County with nearby schools including Whittier Elementary School, Hillside Middle School, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2015
Sold by
Drake Brandon
Bought by
Nelson Richelle L
Current Estimated Value
$511,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,288
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2013
Sold by
Ferran Constrction Lc
Bought by
Drake Bradon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,025
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
City And Resort Properties Llc
Bought by
Ferran Construction Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving
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

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
Nelson Richelle L -- Paramount Title
Drake Bradon -- Integrated Title Ins Service
Ferran Construction Lc -- Integrated Title Ins Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Richelle L $213,300
Closed Nelson Richelle L $185,000
Closed Nelson Richelle L $220,288
Previous Owner Drake Bradon $199,025
Previous Owner Ferran Construction Lc $583,000
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 $2,204 $405,300 $87,000 $318,300
2022 $2,431 $419,500 $85,300 $334,200
2021 $2,359 $368,500 $66,600 $301,900
2020 $2,124 $315,900 $59,400 $256,500
2019 $2,101 $294,000 $54,700 $239,300
2018 $2,073 $282,500 $54,700 $227,800
2017 $2,037 $260,000 $54,700 $205,300
2016 $2,095 $269,700 $50,200 $219,500
2015 $1,765 $202,800 $46,700 $156,100
2014 $1,698 $193,500 $43,100 $150,400
Source: Public Records

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