NOT LISTED FOR SALE

2942 Somerset Village Way Spanish Fork, UT 84660

Estimated Value: $511,000 - $589,000

4 Beds
4 Baths
4,070 Sq Ft
$135/Sq Ft Est. Value

About This Home

This home is located at 2942 Somerset Village Way, Spanish Fork, UT 84660 and is currently estimated at $550,803, approximately $135 per square foot. 2942 Somerset Village Way is a home located in Utah County with nearby schools including Maple Ridge Elementary, Diamond Fork Junior High School, and Mapleton Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Vega Luz E
Bought by
Carvajal Lepplaid Carlos Miguel and Paez Rivera Belkis
Current Estimated Value
$550,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,109
Outstanding Balance
$327,413
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$208,428

Purchase Details

Closed on
Jan 18, 2018
Sold by
Steiner Gaylon V and Steiner Debbie L
Bought by
Vega Luz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,850
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Steiner Gaylon V and Steiner Debbie L
Bought by
Steiner Debbie L and Steiner Gaylon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.66%
Mortgage Type
New Conventional
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

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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
Carvajal Lepplaid Carlos Miguel -- Real Advantage Ttl Ins Agcy
Vega Luz E -- Pro Title & Escrow Inc
Steiner Debbie L -- Pro Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carvajal Lepplaid Carlos Miguel $368,109
Previous Owner Vega Luz E $295,850
Previous Owner Steiner Debbie L $264,000
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
2025 $2,882 $535,500 $64,000 $471,500
2024 $2,882 $297,055 $0 $0
2023 $2,955 $304,920 $0 $0
2022 $2,583 $261,415 $0 $0
2021 $2,285 $369,900 $65,000 $304,900
2020 $2,156 $339,400 $65,000 $274,400
2019 $1,975 $327,000 $65,000 $262,000
2018 $1,857 $297,200 $65,000 $232,200
2017 $1,742 $149,875 $0 $0
2016 $1,502 $127,490 $0 $0
2015 $1,462 $122,650 $0 $0
2014 $1,437 $121,000 $0 $0
Source: Public Records

Map

Utah Utah County Spanish Fork 84660

2942 Somerset Village Way, Spanish Fork, UT

This home is located at 2942 Somerset Village Way, Spanish Fork, UT 84660 and is currently estimated at $550,803, approximately $135 per square foot. 2942 Somerset Village Way is a home located in Utah County with nearby schools including Maple Ridge Elementary, Diamond Fork Junior High School, and Mapleton Junior High School.

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