NOT LISTED FOR SALE

386 W 500 S Orem, UT 84058

Orem South Neighborhood

Estimated Value: $632,000 - $738,000

2 Beds
2 Baths
2,194 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 386 W 500 S, Orem, UT 84058 and is currently estimated at $698,743, approximately $318 per square foot. 386 W 500 S is a home located in Utah County with nearby schools including Orem Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Peterson Reed Edward
Bought by
Reed Peterson Family Revocable Trust
Current Estimated Value
$698,743

Purchase Details

Closed on
Oct 15, 2002
Sold by
Peterson Reed E and Peterson Colleen
Bought by
Peterson Reed Edward and Peterson Colleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.05%

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
Reed Peterson Family Revocable Trust -- None Listed On Document
Peterson Reed Edward -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Reed Edward $32,000
Previous Owner Peterson Reed Edward $50,000
Previous Owner Peterson Reed Edward $202,500
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
2024 $3,071 $375,485 $0 $0
2023 $2,934 $385,550 $0 $0
2022 $3,493 $444,785 $0 $0
2021 $3,365 $648,900 $213,400 $435,500
2020 $3,168 $600,400 $185,600 $414,800
2019 $2,858 $563,200 $185,600 $377,600
2018 $2,615 $492,500 $146,100 $346,400
2017 $2,578 $260,040 $0 $0
2016 $2,643 $245,905 $0 $0
2015 $2,527 $222,310 $0 $0
2014 $2,230 $195,250 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84058 Orem South

386 W 500 S, Orem, UT

Homes for Sale in Orem, UT

This home is located at 386 W 500 S, Orem, UT 84058 and is currently estimated at $698,743, approximately $318 per square foot. 386 W 500 S is a home located in Utah County with nearby schools including Orem Elementary School, Lakeridge Jr High School, and Mountain View High School.

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