NOT LISTED FOR SALE

Estimated Value: $558,000 - $616,051

5 Beds
3 Baths
2,850 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 240 S Palisade Dr, Orem, UT 84097 and is currently estimated at $597,013, approximately $209 per square foot. 240 S Palisade Dr is a home located in Utah County with nearby schools including Centennial Elementary, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Johanson Michael and Johanson Katrina
Bought by
Ratzlaff Steven Glen and Ratzlaff Lisa
Current Estimated Value
$597,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$139,453
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$457,560

Purchase Details

Closed on
Aug 5, 2016
Sold by
Christopher P Carruthers
Bought by
Johanson Michael and Johanson Katrina

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
3.43%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Carruthers Christopher P and Carruthers Lynnette M
Bought by
Carruthers Christopher P and Carruthers Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,961
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2009
Sold by
Carruthers Christopher P and Carruthers Lynnette
Bought by
Carruthers Christopher P and Carruthers Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2008
Sold by
Carruthers Christopher P and Carruthers Lynnette
Bought by
Carruthers Christopher P and Carruthers Lynnette

Purchase Details

Closed on
Jul 7, 2008
Sold by
Suzette J Hoyal Trust
Bought by
Carruthers Christopher P and Carruthers Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,473
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2004
Sold by
Hoyal James I and Hoyal Suzette J
Bought by
Hoyal James Irvin and Hoyal Suzette Jones

Purchase Details

Closed on
Jun 7, 2002
Sold by
Hoyal James C and Hoyal Rayola
Bought by
Hoyal James I and Hoyal Suzette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.83%

Purchase Details

Closed on
Oct 15, 1998
Sold by
Central Bank & Trust Company and Hoyal Ira James C
Bought by
Petersen Martin Franklin

Purchase Details

Closed on
Dec 20, 1996
Sold by
Petersen Martin Franklin
Bought by
Hoyal Rayola
Source: Public Records

Range of Values:

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
Ratzlaff Steven Glen -- Masters Title
Johanson Michael -- --
Carruthers Christopher P -- First American Title Co Llc
Carruthers Christopher P -- First American Title Co Llc
Carruthers Christopher P -- First American
Carruthers Christopher P -- First American
Carruthers Christopher P -- None Available
Carruthers Christopher P -- Century Title Company
Hoyal James Irvin -- --
Hoyal James I -- Mountain West Title Co
Petersen Martin Franklin -- --
Hoyal Rayola -- --
Petersen Martin Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratzlaff Steven Glen $145,000
Previous Owner Johanson Michael $244,000
Previous Owner Johanson Michael --
Previous Owner Carruthers Christopher P $277,961
Previous Owner Carruthers Christopher P $292,800
Previous Owner Carruthers Christopher P $288,473
Previous Owner Hoyal James I $156,000
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
2025 $2,450 $540,400 $279,600 $260,800
2024 $2,450 $299,640 $0 $0
2023 $2,328 $305,910 $0 $0
2022 $2,293 $291,995 $0 $0
2021 $1,999 $385,600 $167,000 $218,600
2020 $1,814 $343,800 $133,600 $210,200
2019 $1,691 $333,300 $123,100 $210,200
2018 $1,683 $316,900 $112,500 $204,400
2017 $1,531 $154,440 $0 $0
2016 $1,240 $115,335 $0 $0
2015 $1,307 $114,950 $0 $0
2014 $1,160 $101,585 $0 $0
Source: Public Records

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