NOT LISTED FOR SALE

2853 S 8850 W Magna, UT 84044

Estimated Value: $357,000 - $417,812

3 Beds
1 Bath
1,790 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 2853 S 8850 W, Magna, UT 84044 and is currently estimated at $378,203, approximately $211 per square foot. 2853 S 8850 W is a home located in Salt Lake County with nearby schools including Magna Elementary School, Matheson Junior High School, and Cyprus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2018
Sold by
Community Development Corp
Bought by
Gehrke Nicholas S
Current Estimated Value
$378,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,922
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2016
Sold by
Gregerson Greg
Bought by
Community Development Corp

Purchase Details

Closed on
Sep 24, 2002
Sold by
Hud
Bought by
Gregerson Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
6.16%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Utah Housing Corp
Bought by
Hud

Purchase Details

Closed on
Jun 11, 2002
Sold by
Schell Preston R and Brause Jamie M
Bought by
State Of Utah and Utah Housing Finance Agency

Purchase Details

Closed on
Jul 21, 1998
Sold by
Scholl Preston R and Brause Jamie M
Bought by
Brause Jamie M

Purchase Details

Closed on
Oct 10, 1996
Sold by
Holley Allison
Bought by
Schell Preston R and Brause Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,655
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
Marx Verdell C and Marx Kenna J
Bought by
Holley Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1995
Sold by
Candelerio George and Candelerio Helen
Bought by
Marx Verdell C and Marx Kenna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,523
Interest Rate
7.88%

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
Gehrke Nicholas S -- Monument Title Ins Co
Community Development Corp -- Northwest Title Agcy
Gregerson Greg -- First American Title
Hud -- First American Title
State Of Utah $88,699 First Amer Title Ins Agency
Brause Jamie M -- First American Title
Schell Preston R -- --
Holley Allison -- Old Republic Title Co Of Uta
Marx Verdell C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehrke Nicholas S $55,900
Closed Gehrke Nicholas S $32,000
Open Gehrke Nicholas S $248,000
Closed Gehrke Nicholas S $22,000
Closed Gehrke Nicholas S $187,981
Closed Gehrke Nicholas S $193,922
Previous Owner Community Development Corporation Of Uta $82,450
Previous Owner Gregerson Greg $48,408
Previous Owner Gregerson Greg $27,600
Previous Owner Gregerson Greg $54,150
Previous Owner Schell Preston R $83,655
Previous Owner Holley Allison $71,550
Previous Owner Marx Verdell C $39,523
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
2023 $2,640 $331,900 $95,200 $236,700
2022 $2,623 $336,400 $79,600 $256,800
2021 $2,501 $282,900 $61,200 $221,700
2020 $2,352 $247,100 $55,700 $191,400
2019 $2,150 $229,100 $52,000 $177,100
2018 $1,980 $198,700 $52,000 $146,700
2017 $1,508 $162,600 $52,000 $110,600
2016 $1,273 $117,700 $47,100 $70,600
2015 $1,356 $115,900 $55,000 $60,900
2014 $1,173 $104,400 $50,300 $54,100
Source: Public Records

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