NOT LISTED FOR SALE

242 E 740 N Orem, UT 84057

Sharon Neighborhood

Estimated Value: $487,586 - $519,000

3 Beds
3 Baths
1,668 Sq Ft
$299/Sq Ft Est. Value

About This Home

This home is located at 242 E 740 N, Orem, UT 84057 and is currently estimated at $498,647, approximately $298 per square foot. 242 E 740 N is a home located in Utah County with nearby schools including Sharon Elementary School, Cascade Elementary School, and Canyon View Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Bills Joann P
Bought by
Bills Family Trust and Bills
Current Estimated Value
$498,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$9,991
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$488,656

Purchase Details

Closed on
Feb 6, 2024
Sold by
Bills Family Trust
Bought by
Bills Family Trust and Muir

Purchase Details

Closed on
Feb 19, 2015
Sold by
Bills Joann
Bought by
Bills Joann

Purchase Details

Closed on
Oct 22, 2013
Sold by
Bills Theodore A and Bills Joann P
Bought by
Bills Theodore A and Bills Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bills Theodore A and Bills Joann P
Bought by
Bills Theodore A and Bills Joann
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
Bills Family Trust -- Utah First Title
Bills Joann P -- Utah First Title
Bills Family Trust -- None Listed On Document
Bills Joann -- Richland Title Ins Agency
Bills Theodore A -- Morgan Title & Escrow Inc
Bills Theodore A -- Morgan Title & Escrow Inc
Bills Theodore A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bills Joann P $10,000
Previous Owner Bills Theodore A $50,000
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 $1,949 $248,600 $209,400 $242,600
2024 $1,835 $238,315 $0 $0
2023 $1,835 $241,120 $0 $0
2022 $1,839 $234,190 $0 $0
2021 $1,603 $309,100 $132,900 $176,200
2020 $1,363 $279,000 $106,300 $172,700
2019 $1,363 $268,700 $96,000 $172,700
2018 $1,253 $235,900 $85,700 $150,200
2017 $1,177 $118,745 $0 $0
2016 $158 $100,320 $0 $0
2015 $197 $99,990 $0 $0
2014 $192 $99,990 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84057 Sharon

242 E 740 N, Orem, UT

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