NOT LISTED FOR SALE

2783 Palma Way Salt Lake City, UT 84121

Estimated Value: $1,196,000 - $1,675,000

5 Beds
3 Baths
3,041 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 2783 Palma Way, Salt Lake City, UT 84121 and is currently estimated at $1,400,304, approximately $460 per square foot. 2783 Palma Way is a home located in Salt Lake County with nearby schools including Butler School, Butler Middle School, and Brighton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Nielson Corey
Bought by
Lawyer Thomas and Lawyer Heidi
Current Estimated Value
$1,400,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,500
Outstanding Balance
$1,231,264
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$85,707

Purchase Details

Closed on
May 4, 2016
Sold by
Lord Russell G and Lord Mary
Bought by
Nielson Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,274
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2013
Sold by
Ford Russel G and Ford Mary
Bought by
Ford Russel G and Ford Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,068
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Jul 23, 2003
Sold by
Lord Russell G and Lord Mary
Bought by
Lord Russell G and Lord Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 1996
Sold by
Title Insurance Agency Of Utah Inc
Bought by
Rivers Rod

Purchase Details

Closed on
Dec 1, 1995
Sold by
Superior Title Company
Bought by
United Title Services Of Utah Inc

Purchase Details

Closed on
Aug 21, 1995
Sold by
Lord Russell G and Lord Mary
Bought by
Lord Russell G and Lord Mary

Purchase Details

Closed on
Jun 16, 1994
Sold by
Utah Lifestyle Homes Inc
Bought by
Lord Russell G and Lord Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
8.56%
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
Lawyer Thomas -- First American Title Insurance
Nielson Corey -- Sutherland Title
Ford Russel G -- Investors Title Ins Agency
Lord Russell G -- Investors Title Ins Agency
Lord Russell G -- --
Lord Russell G -- Backman Stewart Title Svcs
Lord Russell G -- --
Lord Russell G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawyer Thomas $1,233,500
Previous Owner Nielson Corey $249,900
Previous Owner Nielson Corey $75,000
Previous Owner Nielson Corey $318,274
Previous Owner Lord Russell G $409,068
Previous Owner Lord Russell G $295,000
Previous Owner Lord Russell G $175,000
Previous Owner Lord Russell G $191,800
Previous Owner Lord Russell G $232,800
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 $5,169 $910,400 $330,500 $579,900
2023 $4,215 $720,000 $306,000 $414,000
2022 $4,254 $727,900 $300,000 $427,900
2021 $4,436 $631,700 $242,000 $389,700
2020 $4,328 $579,200 $228,000 $351,200
2019 $4,388 $570,200 $221,700 $348,500
2018 $4,173 $563,800 $221,700 $342,100
2017 $4,071 $533,600 $221,700 $311,900
2016 $3,758 $477,700 $215,300 $262,400
2015 $4,138 $487,400 $203,000 $284,400
2014 $4,040 $462,500 $198,900 $263,600
Source: Public Records

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