NOT LISTED FOR SALE

2889 S 8500 W Magna, UT 84044

Estimated Value: $322,000 - $372,802

2 Beds
1 Bath
1,568 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 2889 S 8500 W, Magna, UT 84044 and is currently estimated at $340,951, approximately $217 per square foot. 2889 S 8500 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
Oct 1, 2004
Sold by
Backman Jared K and Backman Angela J
Bought by
Case Jeffery W
Current Estimated Value
$340,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Backman Jared K and Backman Angela J
Bought by
Backman Jared K and Backman Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,099
Interest Rate
5.99%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Turpin Darlene
Bought by
Backmanand Jared K and Staley Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,759
Interest Rate
7.54%
Mortgage Type
FHA
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
Case Jeffery W -- Surety Title
Backman Jared K -- Surety Title
Backmanand Jared K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Jeffery W $124,000
Closed Case Jeffery W $112,000
Closed Case Jeffery W $104,000
Previous Owner Backman Jared K $84,099
Previous Owner Backmanand Jared K $86,759
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 $2,087 $266,400 $114,500 $151,900
2022 $2,188 $276,000 $112,200 $163,800
2021 $1,915 $216,700 $86,300 $130,400
2020 $1,849 $194,200 $78,500 $115,700
2019 $1,836 $189,700 $55,900 $133,800
2018 $1,750 $174,900 $55,900 $119,000
2017 $1,423 $153,400 $55,900 $97,500
2016 $1,282 $141,200 $49,900 $91,300
2015 $1,375 $131,900 $56,900 $75,000
2014 $1,244 $122,000 $53,200 $68,800
Source: Public Records

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