NOT LISTED FOR SALE

2480 E 50 S Layton, UT 84040

Estimated Value: $817,000 - $1,128,837

5 Beds
5 Baths
5,438 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 2480 E 50 S, Layton, UT 84040 and is currently estimated at $943,959, approximately $173 per square foot. 2480 E 50 S is a home located in Davis County with nearby schools including Morgan Elementary School, Fairfield Junior High School, and Davis High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Cox Ryan Allen and Cox Elizabeth
Bought by
Stock Thomas
Current Estimated Value
$943,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,070
Outstanding Balance
$740,917
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$203,042

Purchase Details

Closed on
Aug 7, 2020
Sold by
Schmidt Jon Lawrence
Bought by
Cox Ryan Allen and Allred Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2019
Sold by
Larsen Gregory V and Lee Lori
Bought by
Schmidt John Lawrence

Purchase Details

Closed on
Sep 17, 2012
Sold by
Schmidt Gwyn Larsen
Bought by
Schmidt Gwyn Ann Larsen

Purchase Details

Closed on
May 29, 2008
Sold by
The Scott & Cindy Mitchell Family Trust and Mitchell Scott W
Bought by
Schmidt Gwyn Larsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2006
Sold by
Mitchell Scott W and Mitchell Cindy L
Bought by
Mitchell Scott W and Mitchell Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2003
Sold by
Mitchell Scott W and Mitchell Cindy L
Bought by
Mitchell Scott W and Mitchell Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.83%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Mitchell Scott W and Mitchell Cindy L
Bought by
Mitchell Scott W and Mitchell Cindy L

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
Stock Thomas -- Capstone Title
Cox Ryan Allen -- Truly Title Inc
Schmidt John Lawrence -- None Available
Schmidt Gwyn Ann Larsen -- None Available
Schmidt Gwyn Larsen -- Security Title
Mitchell Scott W -- First American Title
Mitchell Scott W -- First American Title
Mitchell Scott W -- Bonneville Title Company Inc
Mitchell Scott W -- Bonneville Title Company Inc
Mitchell Scott W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stock Thomas $757,070
Previous Owner Cox Ryan Allen $613,700
Previous Owner Schmidt Gwyn Ann Larsen $100,000
Previous Owner Schmidt Gwyn Larsen $417,000
Previous Owner Mitchell Scott W $250,000
Previous Owner Mitchell Scott W $170,000
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 $5,121 $509,300 $176,662 $332,638
2023 $5,057 $894,000 $224,360 $669,640
2022 $5,250 $506,550 $121,532 $385,018
2021 $5,043 $726,000 $186,876 $539,124
2020 $4,117 $564,000 $159,156 $404,844
2019 $4,135 $558,000 $140,449 $417,551
2018 $3,870 $524,000 $115,670 $408,330
2016 $3,681 $261,140 $59,535 $201,605
2015 $3,775 $256,080 $59,535 $196,545
2014 $3,490 $243,157 $59,535 $183,622
2013 -- $212,194 $41,337 $170,857
Source: Public Records

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