NOT LISTED FOR SALE

315 S 500 E Salem, UT 84653

Estimated Value: $396,000 - $519,562

5 Beds
2 Baths
2,464 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 315 S 500 E, Salem, UT 84653 and is currently estimated at $462,391, approximately $187 per square foot. 315 S 500 E is a home located in Utah County with nearby schools including Salem Elementary, Valley View Middle School, and Salem Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Bjarnson Derek Tracy
Bought by
Bjarnson Derek Tracy and Bjarnson Nicole
Current Estimated Value
$462,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$128,759
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$346,746

Purchase Details

Closed on
Aug 11, 2014
Sold by
Frazier Roman M
Bought by
Frazier Boydean

Purchase Details

Closed on
Aug 6, 2014
Sold by
Frazier Tiffany D
Bought by
Palmer Paul H

Purchase Details

Closed on
Jul 1, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bjarnson Derek and Bjarnson Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,642
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2009
Sold by
Velasco Jesus and Mortgage Electronic Registrati
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 4, 2009
Sold by
Us Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 6, 2008
Sold by
Velasco Jesus
Bought by
Velasco Jesus and Velasco Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2006
Sold by
Velasco Jesus
Bought by
Velasco Jesus and Velasco Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Lane Jerald K
Bought by
Velasco Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Morgan J Brad
Bought by
Dalaco Llc

Purchase Details

Closed on
Feb 17, 2005
Sold by
Campbell Suzan R
Bought by
Jacobsen Suanne

Purchase Details

Closed on
Jan 6, 2005
Sold by
The Ltd Partnership Of Glenn E Smith
Bought by
Mt Saratoga Llc

Purchase Details

Closed on
Dec 6, 2004
Sold by
The Lp Of Glenn E Smith
Bought by
Mt Saratoga Inc

Purchase Details

Closed on
Jul 19, 2004
Sold by
Zeeman Alene R
Bought by
Land Locators Llc

Purchase Details

Closed on
Sep 1, 2003
Sold by
Hoffman Suanne
Bought by
Whitefish Investment & Development Llc

Purchase Details

Closed on
Oct 1, 2002
Sold by
Thacker Brad and Thacker Jan
Bought by
Schaugaard Ross and Schargaard Elaine

Purchase Details

Closed on
Dec 30, 1999
Sold by
Lane Jerald K and Lane Linda L
Bought by
Lane Jerald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
10.25%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Lane Jerald K
Bought by
Lane Jerald K and Lane Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.42%
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
Bjarnson Derek Tracy -- Utah First Title Ins Agcy
Bjarnson Derek Tracy -- Utah First Title Ins Agcy
Frazier Boydean -- None Available
Palmer Paul H -- None Available
Bjarnson Derek -- Monument Title Insurance Inc
Us Bank Na $195,003 Etitle Insurance Agency
Secretary Of Housing & Urban Development -- Backman Fptp
Velasco Jesus -- New World Title Insurance A
Velasco Jesus -- New World Title Insurance A
Velasco Jesus -- Wasatch Land & Title
Velasco Jesus -- Wasatch Land & Title Insura
Dalaco Llc -- Utah First Title Insurance
Burch Hollow Llc -- Utah First Title Insurance
Burch Hollow Llc -- Utah First Title Insurance
Burch Hollow Llc -- Affiliated First Title Comp
Jacobsen Suanne -- --
Mt Saratoga Llc -- --
Mt Saratoga Inc -- Equity Title Agency Inc
Land Locators Llc -- Equity Title
Whitefish Investment & Development Llc -- --
Schaugaard Ross -- Equity Title Agency Inc
Lane Jerald K -- Wasatch Land & Title
Lane Jerald K -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjarnson Derek Tracy $174,000
Closed Bjarnson Derek $180,000
Previous Owner Bjarnson Derek $119,642
Previous Owner Velasco Jesus $182,250
Previous Owner Velasco Jesus $135,920
Previous Owner Lane Jerald K $117,400
Previous Owner Lane Jerald K $25,000
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
2024 $2,071 $209,990 $0 $0
2023 $2,024 $205,590 $0 $0
2022 $2,100 $210,045 $0 $0
2021 $1,699 $272,700 $91,400 $181,300
2020 $1,627 $254,100 $83,100 $171,000
2019 $1,571 $250,500 $79,500 $171,000
2018 $1,450 $221,000 $72,300 $148,700
2017 $1,257 $102,190 $0 $0
2016 $1,123 $90,255 $0 $0
2015 $1,021 $80,630 $0 $0
2014 $1,020 $80,630 $0 $0
Source: Public Records

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