NOT LISTED FOR SALE

Estimated Value: $454,000 - $530,545

4 Beds
1 Bath
1,916 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 255 S 700 E, Orem, UT 84097 and is currently estimated at $494,136, approximately $257 per square foot. 255 S 700 E 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
Mar 8, 2021
Sold by
Abbott Benjamin W and Abbott Rachel Gianni
Bought by
Wallace Chad
Current Estimated Value
$494,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$288,374
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$189,350

Purchase Details

Closed on
Sep 27, 2017
Sold by
Drinkwater Peter J and Drinkwater Mary H
Bought by
Abbott Benjamin W and Abbott Rachel Gianni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Drinkwater Peter J and Drinkwater Mary H
Bought by
Drinkwater Peter J and Drinkwater Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2001
Sold by
Parcell Kenny
Bought by
Drinkwater Peter J and Drinkwater Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,729
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2001
Sold by
Safford C Bryant and Safford Sheliah F
Bought by
Parcell Kenny

Purchase Details

Closed on
Jun 3, 1996
Sold by
Safford C Bryant and Safford Sheliah
Bought by
Safford C Bryant and Safford Sheliah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.01%

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
Wallace Chad -- Highland Title
Abbott Benjamin W -- Access Title Co
Drinkwater Peter J -- Meridian Title Company
Drinkwater Peter J -- First American Title Insuran
Parcell Kenny -- First American Title Co
Safford C Bryant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Chad $316,000
Previous Owner Abbott Benjamin W $214,000
Previous Owner Drinkwater Peter J $108,000
Previous Owner Drinkwater Peter J $128,729
Previous Owner Safford C Bryant $97,500
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 $1,868 $228,470 $0 $0
2023 $1,746 $229,515 $0 $0
2022 $1,794 $228,415 $0 $0
2021 $1,665 $321,000 $141,400 $179,600
2020 $1,526 $289,200 $113,100 $176,100
2019 $1,389 $273,800 $106,300 $167,500
2018 $1,340 $252,300 $102,900 $149,400
2017 $1,195 $120,505 $0 $0
2016 $1,206 $112,145 $0 $0
2015 $1,149 $101,090 $0 $0
2014 $1,142 $99,990 $0 $0
Source: Public Records

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