NOT LISTED FOR SALE

3061 S 8850 W Magna, UT 84044

Estimated Value: $303,000 - $397,956

4 Beds
2 Baths
1,886 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 3061 S 8850 W, Magna, UT 84044 and is currently estimated at $358,489, approximately $190 per square foot. 3061 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
Mar 13, 2024
Sold by
Anderson Aaron R
Bought by
Turner Norman Carl and Turner Noah Wayne
Current Estimated Value
$358,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$354,143
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$17,776

Purchase Details

Closed on
Dec 10, 2019
Sold by
Ru Pool 1 Llc
Bought by
Anderson Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,671
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2019
Sold by
Restore Utah Llc
Bought by
Ru Pool 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,821,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2014
Sold by
Restore Utah Llc
Bought by
Restore Utah Property I Llc

Purchase Details

Closed on
Sep 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Restore Utah Llc

Purchase Details

Closed on
Jun 20, 2013
Sold by
Lakin Kelly and Halliday Paul M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 20, 2006
Sold by
Johnson Cori R
Bought by
Lakin Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 2004
Sold by
Binks Mary Ann
Bought by
Johnson Cori R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2002
Sold by
Keller Christopher L and Keller Lorie K
Bought by
Binks Mary Ann

Purchase Details

Closed on
Nov 8, 2001
Sold by
Mary Ann Binks Family Living Trust and Binks Mary Ann
Bought by
Keller Christopher L and Keller Lorie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2001
Sold by
Schoborg Terry Allan and Schoborg Faye R D
Bought by
Mary Ann Binks Family Living Trust

Purchase Details

Closed on
Oct 7, 1997
Sold by
Headrick Leon L
Bought by
Headrick Leon L and Headrick Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.54%
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

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First American

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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
Turner Norman Carl -- First American Title Insurance
Anderson Aaron R -- Integrated Title Ins Svcs
Ru Pool 1 Llc -- Integrated Title Ins Svcs
Restore Utah Property I Llc -- Integrated Title Ins Svcs
Restore Utah Llc $92,640 United Title Services
Federal National Mortgage Association $96,930 None Available
Lakin Kelly -- Founders Title
Johnson Cori R -- Guardian Title
Binks Mary Ann -- Guardian Title
Keller Christopher L -- --
Keller Christopher L -- --
Mary Ann Binks Family Living Trust $27,868 --
Headrick Leon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Norman Carl $358,388
Previous Owner Anderson Aaron R $233,000
Previous Owner Anderson Aaron R $234,671
Previous Owner Ru Pool 1 Llc $20,821,000
Previous Owner Lakin Kelly $127,600
Previous Owner Johnson Cori R $98,800
Previous Owner Keller Christopher L $82,500
Previous Owner Headrick Leon L $67,500
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 $2,394 $293,400 $89,200 $204,200
2022 $2,249 $291,100 $64,300 $226,800
2021 $2,167 $245,200 $49,400 $195,800
2020 $2,032 $213,500 $44,900 $168,600
2019 $1,686 $179,700 $41,900 $137,800
2018 $1,600 $165,600 $41,900 $123,700
2017 $1,295 $139,600 $41,900 $97,700
2016 $1,103 $121,400 $38,000 $83,400
2015 $1,122 $113,000 $44,400 $68,600
2014 $1,041 $102,100 $40,600 $61,500
Source: Public Records

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