NOT LISTED FOR SALE

2881 E Palma Way Salt Lake City, UT 84121

Estimated Value: $1,246,000 - $1,656,223

6 Beds
5 Baths
6,143 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 2881 E Palma Way, Salt Lake City, UT 84121 and is currently estimated at $1,384,556, approximately $225 per square foot. 2881 E 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
Dec 16, 2020
Sold by
James Aaron Matthew and James Tiffany
Bought by
Aliyev Ismail
Current Estimated Value
$1,384,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Law David
Bought by
James Aaron Matthew and James Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2014
Sold by
Aanderud Paul and Aanderud Melody
Bought by
Spk Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2014
Sold by
Spk Ventures Llc
Bought by
Law David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2014
Sold by
Aanderud Paul and Aanderud Melody
Bought by
Law David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 24, 2014
Sold by
Cochrane Suzanne L
Bought by
Law David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2014
Sold by
Law David
Bought by
Spk Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 2, 2006
Sold by
Cochrane Randy K
Bought by
Cochrane Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 24, 2006
Sold by
Cochrane Suzanne L
Bought by
Cochrane Randy K and Cochrane Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,800
Interest Rate
6.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 17, 2004
Sold by
Cochrane Randy K and Cochrane Suzanne L
Bought by
Cochrane Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2004
Sold by
Burk Ralph B
Bought by
Cochrane Randy K and Cochrane Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2000
Sold by
Petty Richard C
Bought by
Burk Ralph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.95%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Landes Tom
Bought by
Petty Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Aliyev Ismail -- First American Title
James Aaron Matthew -- 1St Liberty Title Lc
Spk Ventures Llc -- 1St Liberty Title Lc
Law David -- 1St Liberty Title Lc
Law David -- 1St Liberty Title Lc
Law David -- 1St Liberty Title Lc
Spk Ventures Llc -- 1St Liberty Title Lc
Cochrane Suzanne L -- United Title Services
Cochrane Randy K -- United Title Services
Cochrane Randy K -- United Title Services
Cochrane Suzanne L -- United Title Services
Cochrane Randy K -- United Title Services
Burk Ralph B -- Backman Stewart Title Servic
Petty Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aliyev Ismail $739,833
Closed Aliyev Ismail $600,000
Previous Owner James Aaron $232,275
Previous Owner James Aaron Matthew $107,500
Previous Owner James Aaron Matthew $546,000
Previous Owner Law David $460,000
Previous Owner Cochrane Randy K $100,000
Previous Owner Cochrane Randy K $588,800
Previous Owner Cochrane Randy K $462,000
Previous Owner Burk Ralph B $350,000
Previous Owner Petty Richard C $348,500
Closed Cochrane Randy K $115,500
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
2023 $6,448 $1,118,100 $309,100 $809,000
2022 $6,651 $1,138,000 $303,000 $835,000
2021 $6,892 $981,300 $244,400 $736,900
2020 $6,202 $830,000 $230,300 $599,700
2019 $6,288 $817,100 $223,900 $593,200
2018 $4,896 $653,400 $223,900 $429,500
2017 $4,518 $585,800 $223,900 $361,900
2016 $4,794 $603,000 $217,500 $385,500
2015 $5,277 $621,500 $205,000 $416,500
2014 -- $590,400 $200,800 $389,600
Source: Public Records

Map

Utah Salt Lake County Salt Lake City 84121

2881 E Palma Way, Salt Lake City, UT

This home is located at 2881 E Palma Way, Salt Lake City, UT 84121 and is currently estimated at $1,384,556, approximately $225 per square foot. 2881 E Palma Way is a home located in Salt Lake County with nearby schools including Butler School, Butler Middle School, and Brighton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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