NOT LISTED FOR SALE

309 S 1400 W Lehi, UT 84043

Estimated Value: $471,000 - $490,413

4 Beds
2 Baths
1,504 Sq Ft
$320/Sq Ft Est. Value

About This Home

This property is professionally managed by American Homes 4 Rent, a leading single-family rental company. We expect to make this property available for showings soon. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy your weekends stress-free. We look forward to welcoming you home! Utilities, taxes, and other fees may apply. Please verify and confirm all information before signing a lease. If you have questions, don’t hesitate to contact us at the telephone number on this property listing. All lease applications, documentation, and initial payments for this property, must be submitted directly through  or by phone. The photos, renderings, or other images of the properties on our website, are for illustrative purposes only, and may vary from the features, amenities, or phase of construction. We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our residences is listed there, please notify us. For further description of applicable fees, please go to our website.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2015
Sold by
American Homes 4 Rent Properties Five Ll
Bought by
Amh 2015 2 Borrower Llc
Current Estimated Value
$481,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,729,000
Outstanding Balance
$379,746,050
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
-$379,265,839

Purchase Details

Closed on
May 20, 2013
Sold by
Kuttler Dustin
Bought by
American Homes 4 Rent Properties Five Ll

Purchase Details

Closed on
Apr 18, 2013
Sold by
Shelton Gregory R and Varney Chance
Bought by
Kuttler Dustin

Purchase Details

Closed on
Dec 8, 2006
Sold by
Fausett Landon N and Fausett Megan
Bought by
Shelton Gregory R and Varney Chance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 27, 2000
Sold by
Salisbury Development Lc
Bought by
Fausett Landon N and Fausett Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,643
Interest Rate
7.87%
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

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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
Amh 2015 2 Borrower Llc -- Os National Llc
American Homes 4 Rent Properties Five Ll -- Inwest Title Services
Kuttler Dustin -- Inwest Title Services Inc
Shelton Gregory R -- Affiliated First Title Comp
Fausett Landon N -- Provo Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2015 2 Borrower Llc $477,729,000
Closed Amh 2015-2 Borrower Llc $477,729,000
Previous Owner Shelton Gregory R $166,400
Previous Owner Shelton Gregory R $41,600
Previous Owner Fausett Landon N $35,000
Previous Owner Fausett Landon N $124,643
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Off Market $2,210 -- --
03/13/2025 03/13/25 Price Changed $2,210 -0.9% $1 / Sq Ft
03/11/2025 03/11/25 Price Changed $2,230 +1.6% $1 / Sq Ft
02/27/2025 02/27/25 Price Changed $2,195 +1.4% $1 / Sq Ft
02/22/2025 02/22/25 Price Changed $2,165 +1.4% $1 / Sq Ft
02/15/2025 02/15/25 For Rent $2,135 -- --

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 $1,861 $434,400 $180,900 $253,500
2024 $1,861 $217,800 $0 $0
2023 $1,717 $218,130 $0 $0
2022 $1,896 $233,530 $0 $0
2021 $1,687 $314,200 $104,700 $209,500
2020 $1,590 $292,700 $96,900 $195,800
2019 $1,408 $269,400 $96,900 $172,500
2018 $1,343 $243,000 $90,000 $153,000
2017 $1,255 $120,725 $0 $0
2016 $1,147 $102,355 $0 $0
2015 $1,101 $93,280 $0 $0
2014 $1,075 $90,530 $0 $0
Source: Public Records

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